Banco Macro Reports Second Quarter Results for 2026
Banco Macro reported its second-quarter results for the period ending June 30, 2026. The bank recorded net income of Ps.206.8 billion in Q2 2026, a 39% increase from the previous quarter and up by 4% compared to the same period last year. Excluding restructuring expenses, adjusted net income would have been higher at Ps.221 billion with improved return metrics of ROAE (14.3%) and ROAA (3.5%). Operating income before general and administrative costs was Ps.1.29 trillion in Q2 2026. The bank's total financing increased by 3% quarter-over-quarter to Ps.11.69 trillion, while deposits rose slightly year-over-year but declined from the previous quarter. The Bank maintained a strong capital position with an excess of Ps.4.1 trillion and high liquidity levels at 74% of its total deposits. Non-performing loans stood at 6.25%, covered by a ratio of 95.39%. Banco Macro operates through 402 branches, serving over six million retail customers across Argentina. Banco Macro is set to host an earnings conference call on August 20, 2026.
Tickers: $BMA
Topics: Argentina banking financial_performance