Macquarie's FY profit surges

Dividend lower than expected despite surging profit, Moore notes improved global conditions.

Macquarie Group has lifted its full-year net profit by 49%, exceeding analyst expectations.

In the year to March 31, Macquarie delivered a net profit attributable to shareholders of $1.265 billion, a 49% increase on the $851 million recorded in the previous year.

Analysts had expected Macquarie's full-year profit to come in at $1.22bn.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles