Quarterly ResultMay 6, 2026, 07:03 AM
Marex Q1 Revenue $692.3M (+48%); Adj PBT $152.7M (+59%); EPS $1.52 (+55%)
AI Summary
Marex Group plc reported record financial results for the first quarter of 2026, with revenue increasing 48% to $692.3 million and Adjusted Profit Before Tax rising 59% to $152.7 million. Basic EPS grew 55% to $1.52, marking the eighth consecutive quarter of year-on-year profit growth. The company also increased its Q1 2026 dividend to $0.16 per share and made progress on strategic initiatives, including regulatory approval for the Winterflood custody business sale and its proposed redomiciliation to Bermuda.
Key Highlights
- Increased Q1 2026 dividend to $0.16 per share.
- Q1 2026 Revenue increased 48% to $692.3 million (Q1 2025: $467.3 million).
- Q1 2026 Adjusted Profit Before Tax rose 59% to $152.7 million (Q1 2025: $96.3 million).
- Q1 2026 Basic EPS increased 55% to $1.52 (Q1 2025: $0.98).
- Clearing client balances increased 33% to $16 billion (Q1 2025: $12 billion).
- Sale of Winterflood custody business received regulatory approval, with an expected capital benefit of $40 million in Q2 2026.
- Total Assets rose 5% to $36.5 billion at March 31, 2026, from $34.7 billion at December 31, 2025.
- Total Capital Ratio was 253% at March 31, 2026, up from 230% at December 31, 2025.