Banco Macro net income rises 39% to Ps.206.8 billion in 2Q26

Banco Macro reported net income of Ps.206.8 billion for the second quarter ended June 30, 2026, up 39%, or Ps.57.6 billion, from the previous quarter and 4%, or Ps.7.1 billion, from a year earlier. Annualized return on average equity was 13.4% and annualized return on average assets was 3.3%. Excluding Ps.21.9 billion in restructuring expenses, or Ps.14.2 billion after tax, net income would have been Ps.221 billion, with annualized ROAE of 14.3% and ROAA of 3.5%. Operating income before general, administrative and personnel expenses was Ps.1.29 trillion, while operating income after those expenses was Ps.603.8 billion. Total financing rose 3% quarter over quarter to Ps.11.69 trillion but fell 5% year over year. Deposits totaled Ps.14.74 trillion, down 1% quarter over quarter and up 4% year over year. Banco Macro reported Ps.4.1 trillion in excess capital, a 28% Basel III Capital Adequacy Ratio and a 28% Tier 1 Ratio. Its liquid assets equaled 74% of total deposits. The non-performing-to-total-financing ratio was 6.25%, while the coverage ratio was 95.39%; Stage 3 loans accounted for 4.1% of total loans and had a 148.8% coverage ratio. The bank served 6.36 million retail customers and more than 228,780 corporate customers through 402 branches and 8,180 employees across 23 of Argentina’s 24 provinces.

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