CMC Markets Shares Surge as Profit Rise and Dividend Increase Signal New Growth Phase

Shares in CMC Markets (LON: CMCX) surged more than 17% on Wednesday morning, touching an intraday high of 439.5p, after the online trading and investment group reported a standout set of preliminary full-year results for the period ended 31 March 2026.

The London-listed firm posted net operating income of £392.6 million, up 15% year-on-year, marking its best financial performance on record outside the Covid-impacted FY2021 period. Profit before tax climbed 20% to £101.3 million, from £84.5 million the prior year, lifting the pre-tax margin to 25.8%. Basic earnings per share rose 22% to 27.5 pence.

Shareholders were also rewarded with a final dividend of 8.3 pence per share, bringing the full-year dividend to 13.8 pence per share (FY2025: 11.4 pence), up 21% year-on-year.

The results were underpinned by record performance in CMC’s Australian stockbroking business, where net operating income surged 32% to A$140.3 million, alongside continued momentum from its neobank API and B2B institutional partnerships.

Looking ahead, management guided for FY2027 net operating income of between £460 million and £480 million — representing growth of at least 17% — driven by the anticipated launch of its transformational Westpac and ASB Bank white-label partnerships, further Super App rollout, and European expansion into certificates and warrants.

CEO Lord Cruddas described the outlook as “a defining period” for the group, adding that CMC has reached “a key inflection point” as it scales through institutional and B2B channels.

CMC Markets shares were trading around 432p at the time of writing, up approximately 17.4% on the day.