Banco Macro Announces Results for the Second Quarter of 2025

Rhea-AI Summary

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.

Positive

• Net income increased 209% quarter-over-quarter to Ps.149.5 billion
• Strong capital position with 30.5% Capital Adequacy Ratio and Ps.3.13 trillion excess capital
• Healthy liquidity with liquid assets at 67% of total deposits
• Low non-performing loan ratio of 2.06% with strong coverage ratio of 140.37%
• Total financing grew 91% year-over-year to Ps.9.24 trillion

Negative

• Peso deposits showed minimal growth of just 1% in Q2
• Return on equity (ROAE) at 12% indicates moderate profitability levels

BUENOS AIRES, Argentina, Aug. 27, 2025 /PRNewswire/ -- Banco Macro S.A. (NYSE: BMA; BYMA: BMA) ("Banco Macro" or "BMA" or the "Bank") announced today its results for the second quarter ended June 30, 2025 ("2Q25").  All figures are in Argentine pesos (Ps.) and have been restated in terms of the measuring unit current at the end of the reporting period. For ease of comparison, figures of previous quarters of 2024 have been restated applying IAS 29 to reflect the accumulated effect of the inflation adjustment for each period through June 30, 2025.

Summary

• THE BANK'S NET INCOME totaled Ps.149.5 billion in 2Q25. This result was 209% or Ps.101.1 billion higher than the result posted in 1Q25. In 2Q25, the annualized return on average equity ("ROAE") and the annualized return on average assets ("ROAA") were 12% and 3.5%, respectively.
• In 2Q25, OPERATING INCOME (before G&A and personnel expenses) totaled Ps.956.2 billion, 13% or Ps.107 billion higher than in 1Q25 and 49% or Ps.314.6 billion higher than the same period of last year.
• In 2Q25, OPERATING INCOME (after G&A and personnel expenses) totaled Ps.448.8 billion, 22% or Ps.80.1 billion higher than in 1Q25 and 226% or Ps.311 billion higher than the same period of last year.
• In 2Q25, BANCO MACRO'S TOTAL FINANCING increased 14% or Ps.1.1 trillion quarter over quarter ("QoQ") totaling Ps.9.24 trillion and increased 91% or Ps.4.4 trillion year over year ("YoY"). In 2Q25 both peso an USD financing increased 13% and 4% respectively.
• In 2Q25, BANCO MACRO'S TOTAL DEPOSITS increased 4% or Ps.406.2 billion QoQ and increased 13% or Ps.1.22 trillion YoY, totaling Ps.10.62 trillion and representing 76% of the Bank's total liabilities. Private sector deposits increased 4% or Ps.414 billion QoQ. In 2Q25, Peso deposits increased 1% while USD deposits increased 2%.
• Banco Macro continued showing a strong solvency ratio, with an EXCESS CAPITAL of Ps.3.13 trillion, 30.5% Capital Adequacy Ratio – Basel III and 29.9% Tier 1 Ratio. In addition, the Bank's LIQUID ASSETS remained at an adequate level, reaching 67% of its total deposits in 2Q25.
• In 2Q25, the Bank's NON-PERFORMING TO TOTAL FINANCING RATIO was 2.06% and the COVERAGE RATIO reached 140.37%.
• As of 2Q25, through its 491 branches and 8,882 employees Banco Macro serves 6.21 million retail customers (2.6 million digital customers) across 23 of the 24 Provinces in Argentina and over 212,183 corporate customers.

2Q25 Earnings Release Conference Call
Thursday, August 28, 2025
Time: 11:00 a.m. Eastern Time | 12:00 p.m. Buenos Aires Time

To participate, please register here:
Banco Macro 2Q25 Earnings Call

IR Contacts in Buenos Aires:

Jorge Scarinci
Chief Financial Officer 

Nicolás A. Torres
Investor Relations

Phone: (54 11) 5222 6682
E-mail: investorelations@macro.com.ar 

Visit our website at: www.macro.com.ar/relaciones-inversores

View original content:https://www.prnewswire.com/news-releases/banco-macro-announces-results-for-the-second-quarter-of-2025-302540436.html

SOURCE Banco Macro S.A.

FAQ

What was Banco Macro's (BMA) net income in Q2 2025?

Banco Macro reported net income of Ps.149.5 billion in Q2 2025, representing a 209% increase from Q1 2025.

What is Banco Macro's (BMA) capital adequacy ratio in Q2 2025?

Banco Macro maintained a strong Capital Adequacy Ratio of 30.5% with excess capital of Ps.3.13 trillion in Q2 2025.

How many customers does Banco Macro (BMA) serve in 2025?

Banco Macro serves 6.21 million retail customers (including 2.6 million digital customers) and over 212,183 corporate customers through 491 branches across 23 Argentine provinces.

What was BMA's loan quality metrics in Q2 2025?

Banco Macro reported a non-performing to total financing ratio of 2.06% with a coverage ratio of 140.37% in Q2 2025.

How much did Banco Macro's deposits grow in Q2 2025?

Banco Macro's total deposits increased 4% quarter-over-quarter to Ps.10.62 trillion, representing 76% of the bank's total liabilities.