Banco Macro Reports 1Q25 Financial Results

Banco Macro ( (BMA) ) has released its Q1 earnings. Here is a breakdown of the information Banco Macro presented to its investors.

Banco Macro S.A. is a prominent financial institution in Argentina, primarily engaged in providing banking services to retail and corporate clients across the country. The bank operates in the financial sector and is known for its extensive branch network and strong presence in the Argentine market.

In the first quarter of 2025, Banco Macro reported a net income of Ps. 45.7 billion, marking a significant decrease of 59% compared to the previous quarter. Despite the decline in net income, the bank showed resilience with a strong capital adequacy ratio and maintained a solid deposit base.

Key financial metrics for Banco Macro in 1Q25 included a 22% increase in total financing, reaching Ps. 7.7 trillion, and a 5% rise in total deposits, totaling Ps. 9.6 trillion. The bank’s capital adequacy ratio stood at an impressive 34.3%, reflecting its robust solvency position. However, the net income was impacted by lower returns from financial assets and increased provisions for loan losses.

The bank’s asset quality remained stable with a non-performing loan ratio of 1.44% and a coverage ratio of 163.34%. Banco Macro also reported a decrease in administrative expenses and employee benefits, contributing to an improved efficiency ratio of 38.2%.

Looking ahead, Banco Macro’s management remains focused on leveraging its strong capital position to enhance growth and maintain its leadership in the Argentine banking sector. The bank aims to navigate the challenging economic environment while continuing to provide value to its customers and shareholders.