trending Market Intelligence /marketintelligence/en/news-insights/trending/t2j7ePwhblcePkbOD9MZBg2 content esgSubNav
In This List

Macquarie sees 29% surge in full-year net profit, ups dividend

Blog

Banking Essentials Newsletter: 23rd August edition

Blog

Banking Essentials Newsletter: 9th August Edition

Blog

Navigating Industry Level Credit and Market Risks in the Light of Slow Growth and Interest Rate Hikes

Blog

Kensho Launches Word Error Rate Calculator


Macquarie sees 29% surge in full-year net profit, ups dividend

Macquarie GroupLtd. reported A$2.06 billion in net profit attributable to ordinaryequity holders for the fiscal year ended March 31, up 29% year over year from A$1.60billion.

Net profit for the fiscal second half totaled A$993 million,down 7.2% from the previous six-month period. Full-year EPS rose to A$6.001 fromA$4.842.

The company declared a final ordinary dividend of A$2.40 pershare for the fiscal year, up from A$2.00 for the previous year.

Dividends for fiscal 2015-2016 total A$4.00 per share, up fromA$3.30 per share for the previous year.

The company's full-year net operating income increased 9% yearover year to A$10.14 billion from A$9.26 billion the previous year, while totaloperating expenses grew to A$7.12 billion.

Combined net profit contributions from the annuity-style business,comprising asset management, corporate and asset finance, and banking and financialservices, increased 10% during the year, while combined net profit from operationsrelated to capital markets slid 3%.

The company's assets under management as of March 31 fell toA$478.6 billion from A$486.3 billion as of March 31, 2015.

Under local Basel III rules, the group's common equity Tier 1capital ratio was 10.7% as of March 31, and its Tier 1 capital ratio was 11.8%.

Based on the Basel Committee on Banking Supervision's guidelines,the company's harmonized CET1 ratio was 12.5% and its harmonized Tier 1 ratio was13.6%.

As of May 5, US$1 was equivalentto A$1.34.