Macquarie Group Posts 50% Growth in First-Half Profit - Regional Media News

Macquarie Profit Jumps 50% to Record A$2.5 Billion as Global Market Turmoil Creates Opportunities

Macquarie Group has reported a record first-half net profit of A$2.5 billion, beating analyst forecasts as volatility in energy markets boosted its commodities and global markets division. Incoming CEO Greg Ward also suggested that recent turbulence in technology and AI stocks could create opportunities by prompting investors to reassess valuations and risks.

Macquarie’s $25b profit on big jump in commodities, markets

Macquarie Group’s profit came in line with expectations as volatility buoyed earnings within its powerhouse commodities and global markets division.

Macquarie $2.48b half-year profit boosted by commodities, global markets

Outgoing CEO Shemara Wikramanayake has delivered her final result for Macquarie Group, posting a net profit above forecasts for the six months to September 30.

Macquarie Profit Buoyed By Commodities, Global Markets Unit

Macquarie Group posts 50% growth in first-half profit

Macquarie Beats Expectations With 50% Jump in First-Half Profit

The Australian financial group’s commodity related earnings surged on increased market volatility.