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Banco Macro SA (BMA)
NYSE:BMA
Earnings Data
Report Date
May 21, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.44Last Year’s EPS
4.84Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 26, 2025
|% Change Since: -6.04%
|Next Earnings Date:May 21, 2025
Earnings Call Sentiment|Neutral
The earnings call presented growth in net income and loans, strong market share and capitalization, but was overshadowed by significant declines in annual net and operating income, increased provisions for loan losses, and deteriorated efficiency. The bank is optimistic about future growth, but current financial challenges create a balanced outlook.Company Guidance
During Banco Macro's 4Q 2024 earnings call, the bank provided detailed guidance on various financial metrics and outlook for 2025. Banco Macro reported a net income of Ps. 102.2 billion for the fourth quarter, reflecting a 4% increase from the previous quarter, while the full-year net income for 2024 was Ps. 325.1 billion, a significant 74% drop from 2023. The bank expects loan growth of 60% in real terms for 2025, driven by increased lending to the private sector, especially in consumer loans. The capital adequacy ratio was maintained at 32.4%, with a Tier 1 ratio of 31.6%. Banco Macro plans to reduce its securities portfolio from 27% to around 20% of total assets by the end of 2025, primarily funding growth through deposits expected to rise by 35% in real terms. The ROE for 2025 is projected to be between 12% and 15%, with potential to approach 20% by the end of 2026, assuming stable economic conditions. The bank's asset quality saw a modest deterioration with a nonperforming loan ratio of 1.28%, and the provision for loan losses increased by 51% quarter-on-quarter. The efficiency ratio was noted at 39.4%, slightly deteriorating from previous quarters. Banco Macro also highlighted its strong liquidity position, with a liquid assets to total deposits ratio of 79% and a market share of 8.3% in private sector loans.Net Income Increase
Banco Macro's net income totaled Ps. 102.2 billion in Q4 2024, which was 4% or Ps. 3.5 billion higher than in the third quarter of 2024.
Loan Growth
The bank's total financial loans reached Ps. 5.8 trillion, increasing 18% quarter-on-quarter and 45% year-on-year, with commercial loans showing significant growth.
Market Share in Loans
Banco Macro's market share over private sector loans as of December 2024 reached 8.3%.
Strong Capitalization
Banco Macro accounted for an excess capital of Ps. 2.8 trillion, representing a capital adequacy ratio of 32.4% and a Tier 1 ratio of 31.6%.
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BMA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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BMA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 26, 2025 | $87.93 | $80.30 | -8.68% |
| Nov 27, 2024 | $82.04 | $84.90 | +3.49% |
| Aug 22, 2024 | $52.51 | $53.55 | +1.98% |
| May 22, 2024 | $55.40 | $52.01 | -6.12% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Banco Macro SA (BMA) report earnings?
Banco Macro SA (BMA) is schdueled to report earning on May 21, 2025, TBA Not Confirmed.
What is Banco Macro SA (BMA) earnings time?
Banco Macro SA (BMA) earnings time is at May 21, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BMA EPS forecast?
BMA EPS forecast for the fiscal quarter 2025 (Q1) is 1.44.
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