Macquarie Group (MQBKY,MQG.AX) reported that its net profit after tax for the nine months ended 31 December 2024 broadly in line with the nine months to 31 December 2023.
The company noted that its markets-facing businesses' (Commodities and Global Markets (CGM) and Macquarie Capital) combined third quarter of 2025 net profit contribution was substantially down on the prior corresponding period, mainly due to subdued conditions in certain commodity markets and the unfavorable impact of timing of income recognition primarily on North American Gas and Power contracts in CGM, partially offset by higher fee and commission income in Macquarie Capital.
Macquarie Asset Management had assets under management of A$942.7 billion at 31 December 2024, up three per cent on 30 September 2024.
Macquarie said it continues to maintain a cautious stance, with a conservative approach to capital, funding and liquidity that positions the company well to respond to the current environment.
The company noted that it remains well-positioned to deliver superior performance in the medium term with its diverse business mix across annuity-style and markets-facing businesses.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.