Macquarie Group Ltd stock (AU000000MQG1): Profit surges 30% on record half-year result

Macquarie Group Ltd reports a 30% rise in full?year net profit to A$4.85 billion, driven by a record second?half performance and strong capital markets activity.

Macquarie Group Ltd has reported a 30% increase in full?year net profit to A$4.85 billion for the year ended 31 March 2026, underpinned by a record second?half result and broad strength across its capital markets and asset management businesses, according to the company’s FY26 result announcement released on 7 May 2026.Macquarie Group FY26 result announcement as of 07/05/2026

Net operating income rose 13% to A$19.48 billion, while operating expenses increased 5%, leaving the group with a higher earnings base and improved profitability metrics. International income accounted for 68% of total income, highlighting the firm’s global footprint and diversification beyond its Australian base.Macquarie Group FY26 result announcement as of 07/05/2026

As of: 08.05.2026

By the editorial team – specialized in equity coverage.

At a glance

• Name: Macquarie Group Limited
• Sector/industry: Financial services, diversified banking and asset management
• Headquarters/country: Sydney, Australia
• Core markets: Australia, Americas, Europe, Middle East, Africa, Asia Pacific
• Key revenue drivers: Capital markets, asset management, banking and financial services
• Home exchange/listing venue: Australian Securities Exchange (ASX: MQG); ADRs in the US (OTC: MQBKY)
• Trading currency: Australian dollar (AUD) on ASX; USD?denominated ADRs in the US

Macquarie Group Ltd: core business model

Macquarie Group Ltd operates as a global financial services provider with a diversified model spanning banking, capital markets, asset management and infrastructure. The group combines investment?banking style capital markets activities with long?term asset management and infrastructure platforms, allowing it to generate both transactional and recurring fee income.Macquarie Group FY26 result announcement as of 07/05/2026

The company’s structure is built around several major divisions, including Macquarie Capital, which focuses on advisory, capital raising and principal investing, and Macquarie Asset Management, which manages funds across infrastructure, real estate, private credit and equities. These segments are complemented by retail and business banking operations that provide transaction accounts, lending and other financial products, particularly in Australia.Macquarie Group FY26 result announcement as of 07/05/2026

By integrating capital markets, asset management and banking, Macquarie aims to capture value across the investment lifecycle, from origination and structuring to long?term ownership and asset management. This model has helped the group maintain relatively stable earnings even during periods of market volatility, supported by recurring management fees and long?term infrastructure and real estate holdings.Macquarie Group FY26 result announcement as of 07/05/2026

Main revenue and product drivers for Macquarie Group Ltd

Macquarie Capital was a key profit driver in FY26, contributing A$1.49 billion in net profit, up 43% from A$1.04 billion in FY25, reflecting strong advisory and capital markets activity as well as higher principal investing returns.Macquarie Group FY26 result announcement as of 07/05/2026

Macquarie Asset Management continues to expand its global footprint, managing assets across infrastructure, real estate, private credit and equities, with recurring management fees forming a stable income stream. The group’s infrastructure and real estate platforms have benefited from long?term contracts, inflation?linked revenues and demand for yield?generating assets, which has supported fee growth and capital inflows.Macquarie Group FY26 result announcement as of 07/05/2026

Retail and business banking operations, particularly in Australia, provide transaction accounts, home loans, credit cards and business lending, generating net interest income and fee?based revenue. These activities are supported by Macquarie’s digital banking platform and focus on customer experience, which has helped the group attract deposits and lending relationships even in a competitive banking environment.Macquarie Group FY26 result announcement as of 07/05/2026

Conclusion

Macquarie Group Ltd’s 30% rise in full?year net profit to A$4.85 billion, driven by a record second?half performance and strong capital markets activity, underscores the resilience of its diversified financial services model.Macquarie Group FY26 result announcement as of 07/05/2026

The group’s capital position remains robust, with a Bank Group APRA Basel III Level 2 Common Equity Tier 1 (CET1) capital ratio of 12.8% at 31 March 2026, in line with the prior year, and the board has indicated that the current on?market share buyback program will be concluded without further purchases.Macquarie Group FY26 result announcement as of 07/05/2026

For US investors, Macquarie Group Ltd offers exposure to a global financial services firm with significant operations in the Americas and a diversified mix of capital markets, asset management and banking activities, though the stock’s performance will remain sensitive to global interest rates, credit conditions and capital markets activity.Macquarie Group FY26 result announcement as of 07/05/2026

Disclaimer: This article does not constitute investment advice. Stocks are volatile financial instruments.