Macquarie Group Ltd S/Adr (MQBKY) Q4 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Well good morning everyone and welcome to Macquarie's full year, financial year 2026 full year results. Before we start today I would like to recognise the traditional custodians of this land, the Gadigal of the Eora Nation and pay our respects to Elders past, present and emerging. As is customary, we'll hear from our CEO, Shamara Wickramanayake, and our new CFO, Frank Kwok, this morning. And then we'll have an opportunity for questions both in the room and online. And we've got, I should say, our group heads in the front row. So with that, I'll hand over to Shamara. Thanks Sam and good morning and welcome everyone from me and as Sam said we have our group heads from all around the world with us today to help answer questions. We've also got some of our non-executive directors in the front row here. So our Chairman Glenn, Michelle, the Chair of our Audit Committee and William, our newest Director, Global Investment Banker who is here from the UK. So thank you William. So as usual, let me just begin by touching on the footprint of businesses we have. As you know, we've got four operating groups that are not only really in areas that are very structurally well positioned for growth, but very diversified contributions across them. And they're supported by our four central service groups that help us balance entrepreneurialism with risk management and great operating platform. Now, turning to the results for this FY26, you'll have seen we announced a result of $4.847 billion, which was up 30% on the prior year. The return on equity at 14% was up 25% on just over 11% in the prior year. And that was made up by increased contributions from all four of our operating groups. And I'll touch on briefly the contributions there. And Frank will take you through that in much more d...