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Australia's Macquarie posts near 5% rise in full-year profit

Australia's Macquarie posts near 5% rise in full-year profit

Reuters08-05-2025
May 9 (Reuters) - Australia's Macquarie (MQG.AX), opens new tab posted a nearly 5% rise in its full-year profit on Friday, driven by increased performance fees recorded by its asset management segment.
The country's top investment bank reported a profit of A$3.72 billion ($2.38 billion) for the year ended March 31, versus A$3.52 billion a year earlier, slightly higher than a Visible Alpha consensus estimate of A$3.70 billion.
($1 = 1.5625 Australian dollars)
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