Macquarie Group has reported a net profit after tax of A$3.71bn ($2.37bn) for the financial year (FY25) ending 31 March 2025, marking a 5% increase compared to the previous year.
The profit for the second half of the financial year was A$2.1bn ($1.34bn), reflecting a 30% rise from the first half of the year.
The group’s net operating income reached A$17.2bn ($11.02bn) in FY25, up 2% from the prior year, while operating expenses remained stable at A$12.14bn ($7.78bn). Notably, international income constituted 66% of the total income for the group.
Assets under management stood at A$941bn, up from A$938.3bn a year earlier.
The company attributed this growth to “increased fund investments and net asset valuations”, which outweighed the impact of “asset divestments and outflows in equity strategies”.
The Macquarie Asset Management division reported a net profit contribution of A$1.61bn, a 33% increase from A$1.2bn a year ago.
The banking and financial services division contributed a net profit of A$1.38bn, an 11% increase from A$1.2bn in the previous year, supported by growth in the loan portfolio and deposits.
Macquarie Capital’s net profit contribution was A$1.04bn, remaining stable compared to A$1.05bn in the previous year.
Macquarie Group managing director and CEO Shemara Wikramanayake said: “Against a backdrop of ongoing market and economic uncertainty, Macquarie’s client franchises remained resilient over the past year, delivering new business origination and underlying income growth, contributing to our history of unbroken profitability.”
As of 31 March 2025, Macquarie employed 19,735 individuals, a 5% decrease from the previous year, while approximately 243,000 people were employed across managed fund assets and investments.
Last month, Macquarie Asset Management (MAM), a division of Macquarie Group, reached an agreement to sell its North American and European public investments business to Japan’s Nomura for approximately A$2.8bn ($1.8bn) in an all-cash transaction.
“Macquarie Group reports 5% profit growth in FY 2025” was originally created and published by Private Banker International, a GlobalData owned brand.
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