Banco Macro announces Results for the 1Q 2026
27 may 2026
Banco Macro announces Results for the first quarter of 2026
Buenos Aires, Argentina, May 27, 2026 – Banco Macro S.A. (NYSE: BMA; BYMA: BMA) (“Banco Macro” or “BMA” or the “Bank”) announced today its results for the first quarter ended March 31, 2026 (“1Q26”). All figures are in Argentine pesos (Ps.) and have been restated in terms of the measuring unit current at the end of the reporting period. As of 1Q20, the Bank began reporting results applying Hyperinflation Accounting, in accordance with IFRS IAS 29 as established by the Central Bank. For ease of comparison, figures of previous quarters of 2025 have been restated applying IAS 29 to reflect the accumulated effect of the inflation adjustment for each period through March 31, 2026.
Summary
• THE BANK’S NET INCOME totaled Ps.139.8 billion in 1Q26, 28% or Ps.30.2 billion higher than the result posted in the previous quarter and 131% or Ps.79.2 billion higher than a year ago. In 1Q26, the annualized return on average equity (“ROAE”) and the annualized return on average assets (“ROAA”) were 10% and 2.4%, respectively.
Excluding restructuring expenses (Ps.12.9 billion after tax) 1Q26 net income would have totaled Ps.152.9 billion and the annualized ROAE and ROAA would have been 10.9% and 2.6% respectively.
• In 1Q26, OPERATING INCOME (before G&A and personnel expenses) totaled Ps.1.23 trillion, 3% or Ps.43.6 billion lower than in 4Q25 and 16% or Ps.169.2 billion higher than the same period of last year.
• In 1Q26, OPERATING INCOME (before G&A and personnel expenses) totaled Ps.1.23 trillion, 3% or Ps.43.6 billion lower than in 4Q25 and 16% or Ps.169.2 billion higher than the same period of last year.
• In 1Q26, BANCO MACRO’S TOTAL FINANCING decreased 9% or Ps.1.1 trillion quarter over quarter (“QoQ”) totaling Ps.10.63 trillion and increased 5% or Ps.458.9 billion year over year (“YoY”). In 1Q26 peso financing decreased 9% while USD financing decreased 6%..
• In 1Q26, BANCO MACRO’S TOTAL DEPOSITS decreased 7% or Ps.993.7 billion QoQ and increased 10% or Ps.1.22 trillion YoY, totaling Ps.13.99 trillion and representing 76% of the Bank’s total liabilities. Private sector deposits decreased 8% or Ps.1.1 trillion QoQ. In 1Q26, Peso deposits decreased 4% while USD deposits decreased 7%.
• Banco Macro continued showing a strong solvency ratio, with an EXCESS CAPITAL of Ps.4.0 trillion, 32.4% Capital Adequacy Ratio – Basel III and 32.4 % Tier 1 Ratio. In addition, the Bank’s LIQUID ASSETS remained at an adequate level, reaching 78% of its total deposits in 1Q26.
• In 1Q26, the Bank’s NON-PERFORMING TO TOTAL FINANCING RATIO was 5.40% and the COVERAGE RATIO reached 109.79%.
• As of 1Q26, through its 420 branches and 8.269 employees Banco Macro serves 6.30 million retail customers across 23 of the 24 Provinces in Argentina and over 195.916 corporate customers.
This press release includes statements concerning potential future events involving Banco Macro that could differ materially from the events that actually occur. The differences could be caused by a number of risks, uncertainties and factors relating to Banco Macro's business. Banco Macro will not update any forward-looking statements made in this press release to reflect future events or developments.
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Quarterly Conference Call
Thursday, May 28, 2026
Time: 11:00 a.m. Eastern Time | 12:00 p.m. Buenos Aires Time
To participate, please register here:
Banco Macro 1Q26 Earnings Call:
IR Contact in Buenos Aires:
Jorge Scarinci | Chief Financial Officer
Nicolás A. Torres|Investor Relations
E-mail: investorelations@
About
Banco Macro S.A (NYSE: BMA; BYMA: BMA) is a universal bank, with focus in low & mid-income individuals and small & mid-sized companies. The Bank started operating in 1985 as non-banking financial institution and today has grown to be the private local bank with the largest branch network in the country.
For further information access www.macro.com.ar/