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Macquarie's First-Half Profit Grows 2.7%, Missing Forecasts

Provided by Dow Jones Nov 6, 2025, 9:53:00 PM

By Stuart Condie

SYDNEY--Australia's Macquarie Group lifted its dividend by less than expected after its first-half profit fell short of analysts' forecasts.

The Australian financial giant on Friday reported a net profit for the six months through September of 1.655 billion Australian dollars, equivalent to about US$1.08 billion, from A$1.61 billion a year ago. Revenue rose 5.7% to A$8.69 billion.

The average analyst forecast had been for a A$1.86 billion first-half profit, according to data compiled by Visible Alpha.

Macquarie lifted its interim dividend to A$2.80 from A$2.60 a year ago. Consensus had been for a dividend of A$3.09.

Operating expenses rose 5.4% to A$6.24 billion, rising at a slower pace than revenue but exceeding the 2.9% growth anticipated by analysts.

Write to Stuart Condie at stuart.condie@wsj.com

(END) Dow Jones Newswires

November 06, 2025 16:53 ET (21:53 GMT)

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