Banco Macro S.A. Earnings Recaps
Q3 2025
Dec 2, 2025
Banco Macro reported a significant net loss of ARS 33.1 billion in Q3 2025, reflecting a sharp decline in profitability driven by increased loan loss provisions and decreased income across key segments.
Key takeaways
- Net interest income decreased by 7% quarter-on-quarter to ARS 686.2 billion, primarily due to a spike in interest expenses.
- Provisions for loan losses soared 45% from the prior quarter, totaling ARS 156.8 billion, indicating heightened credit risk.
- Administrative expenses increased by 12% quarter-on-quarter to ARS 331.5 billion, impacted by rising employee benefits costs.
Q2 2025
Aug 28, 2025
Banco Macro posted a remarkable 209% increase in net income for Q2 2025, driven by growth in net interest income and fees, alongside a significant reduction in inflation-related losses.
Key takeaways
- Net income surged to ARS 149.5 billion, with an annualized ROE of 12% and ROA of 3.5%.
- Net interest income rose by 14% quarter-on-quarter to ARS 696.9 billion, reflecting a solid increase in loan volumes and lending rates.
- Net fee income increased 16% to ARS 108.4 billion, with a notable rise in credit card fees.
- The efficiency ratio improved significantly to 33.9%, down from 38.2% in Q1 2025 and 55.6% a year ago.
- Provisions for loan losses climbed 47% from the previous quarter, attributed to heightened loan growth.