Banco Macro Stock Price, News & Analysis

Banco Macro (NYSE: BMA) reported strong financial results for Q2 2025, with net income reaching Ps.149.5 billion, a 209% increase from Q1 2025. The bank demonstrated robust operational performance with operating income before expenses totaling Ps.956.2 billion, up 13% quarter-over-quarter.

Key metrics show solid financial health with a 30.5% Capital Adequacy Ratio and excess capital of Ps.3.13 trillion. Total financing increased 14% QoQ to Ps.9.24 trillion, while deposits grew 4% to Ps.10.62 trillion. The bank maintained strong asset quality with a non-performing ratio of 2.06% and coverage ratio of 140.37%.

BMA serves 6.21 million retail customers through 491 branches across Argentina, including 2.6 million digital customers and over 212,183 corporate clients.

Banco Macro (NYSE: BMA) has announced the pricing of US$400 million Notes due 2029 under its US$1.5 billion Medium Term Note Program. The Notes will carry a fixed annual interest rate of 8.000% and are being offered to investors at 99.163% of principal value. The proceeds will be used for various purposes including debt refinancing, fixed asset investments in Argentina, working capital, acquisitions, capital contributions to related companies, and general financing needs. The Notes will not be registered under the U.S. Securities Act and will be offered to qualified institutional buyers under Rule 144A and Regulation S.

Banco Macro (NYSE: BMA) reported its Q1 2025 financial results with notable declines in key metrics. The bank's net income reached Ps.45.7 billion, showing a significant 59% decrease from Q4 2024. Operating income before expenses totaled Ps.801 billion, dropping 9% QoQ and 68% YoY. The bank's total financing increased by 22% QoQ to Ps.7.7 trillion, while total deposits grew 5% QoQ to Ps.9.6 trillion. BMA maintained strong financial health with a Capital Adequacy Ratio of 34.3% and excess capital of Ps.3.2 trillion. The bank's asset quality remained solid with a non-performing ratio of 1.44% and coverage ratio of 163.34%. Banco Macro serves 6.23 million retail customers through 505 branches across Argentina.

Banco Macro S.A. (NYSE: BMA) has announced the filing of its annual report on Form 20-F and annual audited financial statements for the fiscal year ended December 31, 2024, with the U.S. Securities and Exchange Commission (SEC).

The 2024 Annual Report is accessible through the SEC's website under CIK code No. 0347426 and Banco Macro's Investor Relations website. Shareholders can request free hard copies of the complete annual audited financial statements through the bank's IR website, email, or by contacting their Investor Relations Department.

Banco Macro (NYSE: BMA) has announced the appointment of Juan Parma as its new CEO, marking a strategic move to strengthen the bank's growth trajectory in Argentina. The announcement was made on March 31, 2025, by Board Chairman Jorge Brito, who emphasized this appointment as an opportunity for growth and innovation.

Parma brings significant experience as a disruptive leader, with a track record of improving operational efficiency and transforming customer experience in his previous roles. He holds a Business Administration degree from Universidad Nacional de la Plata and an MBA from Universidad del CEMA, complemented by international leadership training in Singapore, France, and the USA.

Banco Macro (NYSE: BMA) reported its Q4 2024 financial results with a net income of Ps.102.2 billion, up 4% from Q3 2024. The bank achieved an annualized ROAE of 7.5% and ROAA of 2.4%.

Operating income before expenses decreased 9% QoQ to Ps.813.9 billion, while operating income after expenses fell 17% to Ps.359.9 billion. Total financing grew 18% QoQ to Ps.5.8 trillion, with both peso and USD financing increasing 14% and 29% respectively in FY2024.

Total deposits reached Ps.8.4 trillion, representing 81% of total liabilities, with a 3% QoQ decrease but 15% YoY increase. The bank maintained strong solvency with Ps.2.8 trillion excess capital and a 32.4% Capital Adequacy Ratio. The non-performing ratio stood at 1.28% with a 158.8% coverage ratio.

Banco Macro (NYSE: BMA) reported its Q3 2024 results with a net income of Ps.91.3 billion, representing a 293% increase from Q3 2023. The bank achieved an annualized ROAE of 6.8% and ROAA of 2.1%. Total financing increased 17% QoQ to Ps.4.55 trillion, while total deposits grew 7% to Ps.8.1 trillion. The bank maintained strong financial metrics with a Capital Adequacy Ratio of 32.8% and excess capital of Ps.2.5 trillion. The non-performing to total financing ratio stood at 1.15% with a coverage ratio of 177.6%. Banco Macro serves 5.24 million retail customers through 515 branches across Argentina.

Banco Macro S.A. (NYSE: BMA; BYMA: BMA) reported its results for the second quarter of 2024. Net income for the first half of 2024 was Ps.93.1 billion, a 55% decrease from the same period in 2023. The bank's ROAE and ROAA for 2Q24 were 5.4% and 1.7%, respectively. Operating income before expenses increased by 36% to Ps.2.38 trillion in 6M24, while after expenses it decreased by 85% to Ps.99.1 billion in 2Q24.

Total financing grew 17% QoQ to Ps.3.47 trillion, while total deposits increased 13% QoQ to Ps.6.74 trillion. The bank maintained a strong capital adequacy ratio of 35.7% and a Tier 1 ratio of 34%. Liquid assets covered 98% of total deposits. The non-performing loan ratio was 1.23% with a coverage ratio of 181.4%. Banco Macro serves 5.28 million retail customers and over 151,900 corporate customers through 515 branches across Argentina.

Banco Macro (NYSE: BMA; BYMA: BMA) reported its 1Q24 results, with net income at Ps.275.2 billion, a 61% drop from 4Q23 but a 626% increase from 1Q23. Operating income before G&A and personnel expenses was Ps.1.62 trillion, 19% lower QoQ, but 149% higher YoY.

After G&A and personnel expenses, operating income totaled Ps.1.25 trillion, a 20% decrease QoQ, but 211% higher YoY. Total financing decreased 10% QoQ and 8% YoY to Ps.2.5 trillion. Total deposits fell 1% QoQ and 11% YoY to Ps.5 trillion. Peso deposits increased 10% while USD deposits dropped 32%.

Banco Macro maintained strong solvency with Ps.2.6 trillion excess capital, a 46.5% Capital Adequacy Ratio, and a 44.5% Tier 1 Ratio. Non-performing to total financing ratio was 1.14%, with a coverage ratio of 222.7%.