Macquarie Group just announced a full-year net profit of $1.27 billion, the bank’s best result in six years.
That’s a 49% increase on full-year 2013, and will see shareholders pocket a final dividend of $1.60 a share, 40 per cent franked, on 2 July.
Its second-half 2014 net profit printed at $764 million, up 52% on first-half 2014.
Most analysts had expected its full-year profit to come in at around $1.22 billion.
Shares were trading down 1.72% to $57.20 after 10.30am AEST. Click this link for a live price.
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