InvestSMART

Macquarie Group Limited (ASX:MQG)

ALERT: Price-sensitive ASX Announcement for MQG
Current share price for MQG : $263.190 21.32 (8.81%)+
Announcement
Release
8 May 2026 8:22AM
Price at Release
$241.870
Full Release
download
Summary
Macquarie Group Limited reported a net profit of $A4,847 million for FY26, marking a 30% increase from the previous year. The Group saw a record half-year profit of $A3,192 million in 2H26. Net operating income rose to $A19,477 million, with 68% of this coming from international sources. The effective tax rate increased to 27.6% due to geographic earnings composition. Significant profits came from Macquarie Asset Management, Banking and Financial Services, Commodities and Global Markets, and Macquarie Capital, all showing substantial growth. Total deposits increased by 25%, with a final dividend of $A4.20 per share announced. The Group concluded its share buyback program and maintains a cautious outlook with a strong financial position.
Key Points
  • FY26 net profit was $A4,847 million, up 30% on FY25.
  • The 2H26 net profit of $A3,192 million marked a record half-year result.
  • Net operating income increased by 13% to $A19,477 million.
  • International income accounted for 68% of total income.
  • An income tax expense of $A1,860 million was recorded, with an effective tax rate of 27.6%.
  • Macquarie Asset Management contributed $A2,602 million in net profit.
  • Banking and Financial Services saw a 17% increase in net profit contribution.
  • Commodities and Global Markets delivered a 49% increase in net profit contribution.
  • Macquarie Capital's net profit contribution rose by 43%.
  • Total deposits reached $A221.5 billion, up 25% from the previous year.
  • The final ordinary dividend for FY26 was $A4.20 per share.
  • No further purchases are expected in the on-market share buyback.
  • Jillian Broadbent will step down from the Board in December 2026.
  • Macquarie maintains a cautious outlook with a strong balance sheet and risk management framework.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.