Macquarie Group has lifted full-year profit by 56 per cent to $4.71 billion but says it will maintain a cautious approach in view of market volatility, global inflation and interest rates.
Net profit from the Macquarie Capital unit surged to $2.4 billion from $651 million in fiscal 2021 while net profit from its commodities and global markets unit jumped 50 per cent to $3.91 billion.
International income accounted for 75 per cent of the group’s total income for the 12 months to March 31.
Assets under management rose 37 per cent to $774.8 billion as at March 31.
Macquarie Group lifted its partially franked final dividend to $3.50 a share, taking full-year dividend to a combined $6.22 a share.