NYSE$BMA
Banco Macro S A · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Banco Macro S.A. reported net income of ARS 275.2 billion for the first quarter ended March 31, 2024.
Banco Macro S.A. announced results for Q1 2024 with net income of ARS 275.2 billion, representing a 626% increase from Q1 2023 but a 61% decrease from Q4 2023. Operating income after G&A and personnel expenses reached ARS 1.25 trillion. The bank maintained strong capital ratios with a 46.5% capital adequacy ratio and low non-performing loan ratio of 1.14%.
- Net income totaled ARS 275.2 billion in Q1 2024, up 626% YoY but down 61% QoQ.
- ROAE was 37.4% and ROAA was 11.9% on an annualized basis.
- Total deposits reached ARS 5 trillion, with excess capital of ARS 2.6 trillion.
- NPL ratio stood at 1.14% with a coverage ratio of 222.7%; served 5.18 million retail customers via 517 branches.
Headline financials
Revenue & EPS history
Banco Macro · Revenue · Quarterly
AR$1.64T
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports
-0.1%
Avg return
Earnings day
+2.2%
Avg return
5 days after
+5.5%
Avg return
30 days after
56%
25 / 45 earnings
Positive
+16.1%
Q2 2018
Best reaction
-12.6%
Q3 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2024 | +2.0% | — | — | |
| Q4 2026 | -6.9% | +2.8% | -8.6% | |
| Q4 2024 | +4.2% | +0.6% | -20.6% | |
| Q3 2024 | +1.3% | +4.6% | +19.6% | |
| Q4 2023 | -2.3% | -9.0% | +15.4% | |
| Q3 2023 | -2.1% | -4.2% | -8.6% | |
| Q2 2023 | -1.5% | -1.8% | -5.2% | |
| Q1 2023 | -0.8% | +24.7% | +50.3% | |
| Q4 2022 | -3.7% | +7.2% | +26.9% | |
| Q3 2022 | +7.2% | +6.8% | +1.9% | |
| Q2 2022 | +3.5% | -0.9% | +30.7% | |
| Q1 2022 | +8.4% | +6.9% | -12.0% | |
| Q4 2021 | +0.1% | +2.0% | +12.4% | |
| Q3 2021 | +2.8% | +1.3% | -6.6% | |
| Q2 2021 | -4.2% | -4.8% | +23.1% | |
| Q1 2021 | -4.0% | +8.8% | +30.5% | |
| Q4 2020 | -3.4% | -6.6% | +18.4% | |
| Q3 2020 | +0.3% | +9.0% | +5.4% | |
| Q2 2020 | -5.0% | -8.6% | +11.2% | |
| Q4 2019 | +1.1% | -0.3% | +12.5% | |
| Q1 2020 | +1.9% | +8.2% | +0.9% | |
| Q3 2019 | -1.9% | -6.8% | +1.2% | |
| Q2 2019 | -1.8% | -0.5% | -2.7% | |
| Q1 2019 | +1.6% | -0.3% | -11.3% | |
| Q3 2018 | -12.6% | -4.0% | +6.1% | |
| Q2 2018 | +16.1% | +17.5% | -5.9% | |
| Q1 2018 | +5.6% | +7.8% | -14.1% | |
| Q4 2017 | +0.8% | +4.8% | -0.4% | |
| Q3 2017 | +2.1% | +4.6% | +8.4% | |
| Q2 2017 | +3.5% | +1.8% | -2.2% | |
| Q4 2016 | +1.1% | -4.9% | -2.3% | |
| Q3 2016 | +1.8% | +3.9% | -0.3% | |
| Q2 2016 | +0.3% | +0.9% | +1.7% | |
| Q1 2016 | — | — | — | |
| Q4 2015 | — | — | — | |
| Q3 2015 | +0.3% | — | — | |
| Q2 2015 | -4.6% | — | — | |
| Q1 2015 | — | — | — | |
| Q3 2014 | -6.4% | — | — | |
| Q2 2014 | -0.1% | — | — | |
| Q1 2014 | — | — | — | |
| Q4 2013 | — | — | — | |
| Q3 2013 | +5.8% | — | — | |
| Q2 2013 | -6.7% | — | — | |
| Q1 2013 | — | — | — | |
| Q4 2012 | — | — | — | |
| Q3 2012 | -0.6% | — | — | |
| Q2 2012 | +1.2% | — | — | |
| Q3 2011 | -10.6% | — | — | |
| Q2 2011 | +3.5% | — | — | |
| Q3 2010 | -1.4% | — | — | |
| Q2 2010 | +0.9% | — | — |
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