Banco Macro SA Reports Strong Fiscal Year 2024 Results

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Banco Macro SA Reports Strong Fiscal Year 2024 Results

An announcement from Banco Macro SA ( (BMA) ) is now available.

On February 26, 2025, Banco Macro SA reported its consolidated financial statements for the fiscal year ending December 31, 2024. The bank achieved a net income of AR$ 325.1 billion, with a total income of AR$ 227.7 billion, despite recording other comprehensive losses of AR$ 97.4 billion. The Board of Directors proposed a distribution of AR$ 300 billion in dividends, subject to approval by the Central Bank of Argentina, reflecting the bank’s robust financial position and commitment to returning value to shareholders.

More about Banco Macro SA

Banco Macro SA is a prominent financial institution based in Buenos Aires, Argentina. It operates in the banking industry, offering a range of financial services, including personal and corporate banking, investment, and wealth management. The company primarily focuses on serving the Argentine market, catering to both individual and business clients.

YTD Price Performance: -20.78%

Average Trading Volume: 350,138

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $6.32B

For a thorough assessment of BMA stock, go to TipRanks’ Stock Analysis page.

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