Banco Macro S.A. (BMA) Reports Q1 results

Banco Macro S.A. (NYSE: BMA) reported Q1 Net income of Ps.9.8 billion in 1Q23. This result was 52% lower than the Ps.20.2 billion posted in 4Q22 and 20% lower than the Ps.12.3 billion posted in 1Q22.

In 1Q23 Operating Income (before G&A and personnel expenses) totaled Ps.167.8 billion, 5% or Ps.8 billion higher than in 4Q22 and 28% or Ps.36.7 billion higher than the same period of last year.

For earnings history and earnings-related data on Banco Macro S.A. (BMA) click here.

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