Macro Bank plans AR$147B dividend from reserves
Macro Bank Inc. reports that its shareholders approved using part of the Optional Reserve Fund for Future Profit Distributions to pay a dividend.
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Rhea-AI Filing Summary
Macro Bank Inc. reports that its shareholders approved using part of the Optional Reserve Fund for Future Profit Distributions to pay a dividend. The dividend totals AR$ 147,101,261,954 in constant currency as of 28 February 2026, equal to AR$ 217.33 per share, and may be paid in cash, in kind at market value, or a mix of both, subject to prior authorization from the Banco Central de la República Argentina. The amount comes from distributable profits based on audited financial statements for the fiscal year beginning 1 January 2025 and complies with the maximum limit in BCRA Communiqué “A” 8410. The dividend is subject to a 7% tax withholding and, under BCRA rules, may be distributed in three equal, non-cumulative monthly installments starting on the third business day of May, with each installment calculated in constant currency as of the shareholders’ meeting date.
Insights
Macro Bank plans a large, regulated dividend funded from reserves.
Macro Bank Inc. plans a dividend of AR$ 147,101,261,954 in constant currency as of 28 February 2026, equal to AR$ 217.33 per share. The funds come from distributable profits recorded in audited financial statements for the fiscal year beginning 1 January 2025.
The bank confirms that this distribution respects the maximum limit in BCRA Communiqué “A” 8410 and does not breach any of its existing commitments. Payment is subject to prior authorization from the Banco Central de la República Argentina and a 7% income tax withholding under section 97 of the 2019 Income Tax Law.
Under BCRA rules, the dividend can be paid in three equal, non-cumulative monthly installments starting on the third business day of May, in cash, in kind at market value, or a combination. Each installment is to be determined in constant currency using the national consumer price index published by INDEC.
Key Figures
Key Terms
Optional Reserve Fund for Future Profit Distributions financial
constant currency financial
Communiqué “A” 8410 regulatory
national consumer price index (CPI) financial
distributable profits financial
FAQ
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What regulatory approvals are required for Macro Bank (BMA) to distribute the dividend?
How is tax applied to the Macro Bank (BMA) dividend?
What does constant currency mean in Macro Bank (BMA)’s dividend calculation?
From which profits is Macro Bank (BMA) funding the dividend?
AI-generated analysis. How Rhea-AI works. Not financial advice.
