Macquarie Group annual profit up 29 per cent

Company News

Macquarie Group Limited (ASX:MQG) has posted a 29 per cent rise in annual profit, to $2.06 billion for the 12 months ending March 31st. 
 
Profit for the second half of the year was up 7 per cent on the corresponding period in 2015, to $A993 million, however it was down 7 percent on the 1H16. 
 
International income of $6.7 billion accounted for 68 per cent of the group’s total income for FY16, an increase of 4 percent on the previous year. 
 
The full year ordinary dividend is $A4.00 per share, up from $A3.30 in FY15.

Subscribe to our Daily Newsletter?

Would you like to receive our daily news to your inbox?