Macquarie reports net profit lift of 14% in first half of FY25

Macquarie Group Ltd (ASX:MQG) has seen its net profit rise 14% to $1.6 billion in the first half of the 2025 fiscal year, compared to the same period last year, although it has registered a fall of 23% compared to the second half of FY24.

Total income for the reporting period also held a significant skew in the direction of international income, with this being 65% of the total.

The quantity of assets under management had also risen – to $916.8 billion by the end of September 2024, up 3% compared to the same time in 2023, but also down 2% compared to 31 March 2024.

Macquarie declared an interim dividend of $2.60 – which is 35% franked, representing a payout ratio of 61%.

Managing director and CEO Shemara Wikramanayake said there were various factors underpinning the results.

“Macquarie’s improved performance this half year was underpinned by improved realisations in Macquarie Asset Management and further progress in the digitalisation programme in Banking and Financial Services, reflecting the ongoing benefits of our diverse
business mix,” she said.

Macquarie Group has been trading at $231.51.

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