Macquarie Group has reported a 5.5% increase in net profit for the 2025 financial year (FY25) due to strong performances by two of its four businesses.
The global investment bank and financial services organisation said net profit rose to A$3.715 billion (US$2.378 billion) in the 12 months ended 31 March 2025 compared with $2.103 billion in FY24.
The result was struck on a 1.9% rise in revenue to $17.208 billion and return on equity rose to 11.2% from 10.8% in FY24.
Directors declared a 35%-franked final dividend of $3.90 per share to be paid on 2 July to shareholders registered on 20 May, bringing the full year payment to $6.50, compared, up 2% from FY24.
Among its divisional profits, Macquarie Asset Management (MAM) and Banking and Financial Services were up by 33% and 11% respectively and Macquarie Capital was flat while Commodities and Global Markets fell by 12%.
MAM benefitted from higher performance fees and the gain on the sale of the Macquarie Rotorcraft helicopter leasing business, while Banking and Financial Services reflected growth in loans and deposits and lower expenses.
Macquarie said international income surged 66% while assets under management were broadly in line with a year ago.
“Against a backdrop of ongoing market and economic uncertainty, Macquarie’s client franchises remained resilient over the past year, delivering new business origination and underlying income growth, contributing to our history of unbroken profitability,” Managing Director and Chief Executive Officer Shemara Wikramanayake said in the results announcement.
She said Macquarie remained cautious with a conservative approach to capital, funding and liquidity that positioned it well to respond to the current environment.
Factors that may influence the short-term outlook include market conditions, completion of period-end reviews and transactions, geographical composition of income and foreign exchange, and potential tax or regulatory changes and tax uncertainties.
“Macquarie remains well-positioned to deliver superior performance in the medium term ..” Wikramanayake said.
The net profit just shaded analysts expectations of $3.7 billion.
Macquarie Group (ASX: MQG) shares closed 46 cents (0.2%) higher at $195.53 Thursday, capitalising the company at $74.66 billion.
