Macquarie Group Ltd (ASX: MQG) Share Price and News
Introduction to Macquarie Group
Macquariе Group (ASX:MQG) is a global financial sеrvicеs group with hеadquartеrs in Sydnеy, Australia but assets all over the world.
It is one of thе largеst financial institutions in Australia, with ovеr 20,000 еmployееs and opеrations in 34 markеts around the world, vatering to business clients.
Macquariе offers Asset Management, Banking and Financial Services, Commodities and Global Markets Trading and money management (through Macquarie Capital). Unlike the Big Four, it has focused more on institutional services and its own investments, although it has an emerging consumer bank that has gained substantial traction in recent years.
Macquarie Group's History
This company had its beginning in 1969 as a subsidiary of UK bank Hill Samuel Australia. At first, Macquarie was primarily concerned with providing advisory and investment banking services.
The journey that Macquarie has taken to become a global financial leader is a remarkable one.
For 30 years under successive CEOs Allan Moss, Nicholas Moore and Shamara Wikramanayake, the Martin Place headquartered bank has done so and been very successful. This is largely due to its focus on disciplined and bold investing strategies, which have enabled Macquarie to identify attractive investments in markets where other players may not be able to do so.
Today it undertakes management of assets that are worth more than A$900 billion. It also has a solid home lending bank that has grown its market share from 0.5% to over 5% in barely a decade.
In recent months, its momentum has slowed down given rising interest rates and slowing economic activity - both have hit infrastructure and real estate more than other sectors, and this is Macquarie's specialty.
Macquarie Group's Future Outlook
Macquarie Bank follows an April 1-March 31 financial year and will report FY26 results during May. For the past couple of years, results have been a mixed bag. Its total AUM have continued to grow slowly, the retail deposits and loans business continues to grow as have its investments, although commodities have been more nuanced due to market conditions.
This period is predicted to be stabilising after a volatile 2024–2025. Recent trading updates point to growth returning across most divisions, supported by higher performance fees, deal activity, and asset-management inflows. At the same time, parts of the business — especially commodities trading — have been softer, and results can swing with market conditions. For example, its FY25 profit rose about 5% to roughly A$3.7bn, while 1H FY26 profit was up slightly year-on-year but down versus the prior half, reflecting the group’s cyclicality.
Strategically, Macquarie remains leveraged to global capital markets, infrastructure investing, commodities, and private credit — which gives it higher growth potential than traditional banks but also more earnings volatility. Analysts currently expect roughly ~A$4.2bn cash profit for FY26 and stronger growth (~13%) in FY27 if markets normalise. Some upgrades have occurred after share price falls and business portfolio changes, suggesting valuation is now closer to fair value rather than clearly cheap.
Is Macquarie Group a Good Stock to Buy?
It depends heavily on your risk tolerance and time horizon. The bull case is that Macquarie is globally diversified, has strong capital ratios and a history of navigating cycles well, plus structural growth drivers like private markets and energy transition investing.
The bear case is earnings volatility (performance fees and trading income can swing sharply), exposure to market sentiment, and occasional asset write-downs or weak deal environments — which have caused share price falls in the past.
Overall, consensus sentiment in early 2026 is roughly neutral-to-positive: not obviously undervalued, but with upside if capital markets and deal activity stay strong.
Our Stock Analysis
What do these 12 ASX stocks and Family Guy have in common? Take a glance and there’s more than you’d imagine
Certain ASX stocks and Family Guy have more in common than you think. Yes, we thought we’d have a bit…
Here are the Stocks to Buy if the RBA raises rates, and the stocks to sell!
Investors are probably pondering the Stocks to Buy if the RBA raises rates. Because while a rate hike is not…
Does Macquarie Group (ASX:MQG) deserve its reputation as the ‘millionaires factory’? And will it continue into FY26?
Macquarie Group (ASX:MQG) has a reputation as the ‘millionaire’s factory’, and it did not just develop it by accident. Despite…
As lower interest rates loom, here are 6 ASX stocks that will benefit from forthcoming rate cuts
Here 6 ASX stocks that will benefit from lower interest rates! AGL Energy (ASX:AGL) You might think AGL is…
Which Big Bank stock will win the mortgage wars?
The average home owner paying down a home loan would think the term ‘mortgage wars’ would allude to their struggle…
Frequently Asked Questions
Macquariе Group Limitеd, еstablishеd in 1969 in Sydnеy, is one of Australia's largest banks. It operates a consumer banking division, but it better known for its asset management and financial advisory services. It has over A$900bn in AUM.