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Macquarie finds its mojo once more

Following a lull, Macquarie once more have their foot on the accelerator.

Annualised growth in footings is at levels matched only by Macquarie at its peak levels of growth in recent years.

In a December 2024 quarter trading update, Macquarie said deposits of $163.8 billion at December were, up 7 per cent on September.

The bank’s home loan portfolio of $136.2 billion was up 5 per cent on September.

Banking and Financial Services December 2024 quarter net profit contribution” was substantially up on the prior corresponding period, mainly due to continued volume growth in BFS.”

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