Macquarie Shares Plunge After Disappointing Half-Year Result - Sharecafe

Macquarie Shares Fall After Weak Half-Year Results

Macquarie Group faced its sharpest intraday drop since April after releasing half-year earnings that missed analyst forecasts. The downturn was mainly driven by weaker performance in its commodities division.

By midday, the company’s shares were down 6.7% to $202.56, touching an intraday low of $202.37. This marks the steepest single-day slide since April 4, when shares declined 9% following broader market volatility linked to tariff announcements.

Financial Performance Overview

Despite the overall decline, Macquarie still reported a net profit close to $1.7 billion, supported by strong performance fees in its asset management arm. However, analysts had expected stronger numbers.

“The reported result was 10.4 per cent below consensus estimates,” noted UBS analyst John Storey.

Market analysts had projected a first-half profit of $1.86 billion and an interim dividend of $3.09. The company’s earnings per share came in at $4.37, falling short of expectations by 10.9%.

About Macquarie Group

Macquarie is a global diversified financial institution offering asset management, banking, advisory, and risk and capital solutions across debt, equity, and commodities markets. While headquartered in Australia, it maintains operations worldwide.

Author’s summary: Macquarie Group’s half-year miss and commodities weakness led to a sharp share drop, marking its largest slide since April despite solid asset management gains.

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ShareCafe ShareCafe — 2025-11-07

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