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Stock impact report

Banco Macro Announces Results for the Second Quarter of 2024 [Yahoo! Finance]

Banco Macro S.A. ADR (representing Ten Class B Common Shares) (BMA) 
Last banco macro s.a. adr (representing ten class b common shares) earnings: 2/19 05:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
its results for the second quarter ended June 30, 2024 ("2Q24"). 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. For ease of comparison, figures of previous quarters of 2023 and 2024 have been restated applying IAS 29 to reflect the accumulated effect of the inflation adjustment for each period through June 30, 2024 Summary THE BANK'S NET INCOME totaled Ps.93.1 billion in the six months ended June 30, 2024 . This result was 55% or Ps.115.9 billion lower 6M23. In 2Q24, the accumulated annualized return on average equity ("ROAE") and the accumulated annualized return on average assets ("ROAA") were 5.4% and 1.7%, respectively. In the six months ended June 30, 2024 , OPERATING INCOME (before G&A and personnel expenses) totaled Ps.2.38 trillion, 36% or Ps.628.2 billion higher than in 6M23. In 2Q24, OPERATING INCOME (after G&A and personnel expenses) totaled Ps.99.1 billion, 93% or Ps.1.39 tr Show less Read more
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