Macquarie Group lifts profit 30% to A$4,847 million — Mqg Asx
Macquarie Group lifted full-year net profit 30% to A$4,847 million in FY26, with mqg asx also announcing a higher dividend. The result came alongside record contributions across its core divisions and a capital position that stayed steady, giving shareholders a clearer read on earnings quality and payout capacity.
Wikramanayake on Macquarie
Shemara Wikramanayake said: "Each of our businesses used its specialist expertise in navigating the current environment, identifying opportunities that support long-term growth and delivering positive outcomes for our clients and communities." The comment came after the group reported a record half-year result, and it tied the annual profit lift to execution across the business rather than to a single swing factor.
CGM drives 49% growth
Commodities and Global Markets profit grew 49% on gains from asset sales and higher hedging activity. That division supplied the sharpest growth in the group’s results, while Asset Management benefited from higher performance fees and the completed sale of its public investments business overseas.
Banking and Financial Services also grew, helped by higher loan and deposit balances despite some margin pressure and rising technology costs. Those details matter because they show the profit increase was not built on one line item alone; it spread across trading, asset management and banking activity, even with cost pressure still visible in the retail and business bank.
Capital stays at 12.8%
Macquarie’s APRA Basel III Common Equity Tier 1 capital ratio held steady at 12.8%, while the group raised A$29.9 billion in term funding in FY26 and lifted total deposits 25% to A$221.5 billion. The dividend payout ratio remains at 50% to 70%, and the on-market share buyback has now concluded, leaving cash returned to shareholders to come through the dividend rather than repurchases.
Over the past 12 months, Macquarie Group shares rose 25%. If global economic conditions, interest rate moves, regulatory shifts and foreign exchange impacts stay manageable, the mix of stronger deposits, steady capital and a higher dividend gives holders a cleaner base than a profit beat alone would suggest.
