Banco Macro SA
BMA
ISIN null / Valor 2404206
Banco Macro SA
UMushroom community rating:
About company
Banco Macro S.A. is a universal bank headquartered in Buenos Aires, Argentina, providing a comprehensive range of financial services primarily targeting low- and middle-income individuals as well as small and medium-sized enterprises (SMEs). Established in 1985 as a non-banking financial institution, it has evolved into one of the largest private national banks in Argentina, boasting an extensive branch network across the country. The bank was founded by the Brito and Carballo families, who remain the major shareholders. Banco Macro's shares have been listed on the Buenos Aires Stock Exchange since 1994 and on the New York Stock Exchange as American Depositary Shares (ADS) since 2006, both under the ticker symbol BMA.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (01.09.2026):
Banco Macro S.A. — Second quarter of 2026 (2Q26): Net income for 2Q26 was Ps.206.8 billion, up 39% QoQ (Ps.57.6 billion) and 4% YoY (Ps.7.1 billion); annualized ROAE was 13.4% and ROAA 3.3%. Excluding Ps.21.9 billion of restructuring expenses (Ps.14.2 billion after tax), adjusted net income would be Ps.221 billion with adjusted ROAE 14.3% and ROAA 3.5%.
Profitability
Net income: Ps.206.8 billion in 2Q26 (+39% QoQ; +4% YoY). ROAE 13.4% and ROAA 3.3%; adjusted ROAE 14.3% and ROAA 3.5% excluding restructuring charges.
Operating income
Operating income before G&A/personnel: Ps.1.29 trillion (−2% QoQ; +1% YoY). Operating income after G&A/personnel: Ps.603.8 billion (−1% QoQ; +1% YoY).
Financing (loans)
Total financing: Ps.11.69 trillion (+3% QoQ; −5% YoY). Peso financing +2% QoQ; USD financing +1% QoQ.
Deposits
Total deposits: Ps.14.74 trillion (−1% QoQ; +4% YoY), representing 76% of liabilities. Private sector deposits fell 4% QoQ. Peso deposits +0.4% QoQ; USD deposits −11% QoQ.
Capital and liquidity
Excess capital Ps.4.1 trillion. Capital Adequacy Ratio (Basel III) 28%; Tier 1 Ratio 28%. Liquid assets equal 74% of total deposits.
Asset quality
Non-performing to total financing ratio 6.25%; overall coverage ratio 95.39%. Stage 3 loans = 4.1% of total loans with stage 3 coverage of 148.8%.
Network and customers
As of 2Q26: 402 branches, 8,180 employees, 6.36 million retail customers across 23 provinces, and ~228,780 corporate customers.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
4326 M
Market cap (USD)
330,665
Daily traded volume (Shares)
99.36 / 96.48
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
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