Macquarie publishes transcript of FY2026 full-year results presentation

  • Macquarie Group FY26 full-year results presentation on May 8 featured CEO Shemara Wikramanayake, CFO Frank Kwok, operating group heads, chair Glenn Stevens, audit committee chair Michelle McPhee, director William Vereker.
  • Net profit rose 30% to A$ 4.85 billion, ROE increased to 14%, second-half dividend set at A$ 4.2; full-year dividend A$ 7, payout ratio 55%.
  • Board resolved to conclude on-market buyback, with no shares bought for more than 18 months; DRP shares to be issued at 1.5% discount; Macquarie to purchase about A$ 740 million of shares to meet MEREP requirements.
  • Management guided FY27 net operating income broadly in line for Commodities and Global Markets excluding FY26 OnStream gain, with Macquarie Capital income also seen broadly in line; executives flagged risk that prolonged volatility could curb client activity, with Macquarie Capital citing subdued transaction conversion despite high mandates.
  • Capital surplus rose to A$ 9.3 billion, CET1 ratio 12.8%; credit impairment charge totaled A$ 478 million as overlays increased on macro uncertainty, with green investments exposure cut to A$ 700 million following impairments.


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