Brussels-based Euroclear, one of the world’s largest securities settlement houses, said its reported net profit reached €1.1 billion in 2025, with robust business income offsetting expected interest income decline.
“Strong market activity boosted Euroclear’s operating metrics in 2025, with assets under custody exceeding €43 trillion for the first time, continuing thirteen quarters of growth,” said Euroclear.
“Turnover rose 20% in 2025 to €1,390 trillion, driven by solid growth in most European fixed income markets and Eurobonds, as well as increased settlement activity amid heightened market volatility and macroeconomic uncertainty.
“Funds depot reached a record €3.9 trillion, supported by the success of ETFs and strong stock valuations.
“Daily average outstanding amounts on the Collateral Highway remain at record levels at €2.1 trillion thanks to higher OTCD and repo market activity, partially offset by a decline in securities lending income.”
Euroclear provides settlement and custody of domestic and cross-border securities for bonds, equities and derivatives and investment funds.
Euroclear CEO Valérie Urbain said: “Euroclear delivered strong results and steady growth in 2025, demonstrating the resilience of our business model and the importance of the services we provide in an ever-evolving economic and challenging geopolitical environment.
“Underlying net profit reached close to €1.2 billion, as record-high deposit levels, sustained volatility-driven settlement activity and robust ETF flows supported our financial performance.
“These results underline the strength of our growing and diversified income base, as we continue to reinforce Euroclear’s role as a leading global post-trade market infrastructure.
“In parallel, we continued to implement the sanctions related to the Russian assets held by Euroclear. We welcome the European Council’s proposal for a €90 billion loan to Ukraine, funded through EU market borrowing.
“By making this choice, EU leaders decided not to proceed with a Reparations Loan backed by Russian immobilised assets at this stage. We will keep working closely with policymakers on sanctions issues, ensuring our actions support financial stability and uphold the rule of law.”