Macro Bank Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Macro Bank Inc. reported net income of $290.7B (-11.0% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Interest income | $5.0T | $3.5T | $2.4T | $612.5B |
| Interest expense | ($1.9T) | ($1.9T) | ($1.6T) | ($307.1B) |
| Net interest income | $3.1T | $1.6T | $825.0B | $305.3B |
| Commissions income | $878.3B | $565.1B | $245.7B | $75.4B |
| Commissions expense | ($110.9B) | ($79.2B) | ($24.9B) | ($7.4B) |
| Net commissions income | $767.4B | $485.9B | $220.8B | $68.0B |
| Subtotal (Net interest income plus Net commissions income) | $3.8T | $2.1T | $1.0T | $373.3B |
| Net gain from measurement of financial instruments at fair value through profit or loss | $457.5B | $2.2T | $974.3B | $45.2B |
| Profit from sold or derecognized assets at amortized cost | $386.4M | $992.2M | $342.3M | $169.6M |
| Differences in quoted prices of gold and foreign currency | $25.1B | $163.2B | $798.2B | $62.3B |
| Other operating income | $282.1B | $214.0B | $72.9B | $21.2B |
| Credit loss expense on financial assets | ($538.4B) | ($108.1B) | ($46.0B) | ($6.9B) |
| Net operating income before expenses, depreciation and amortization | $4.1T | $4.6T | $2.8T | $495.2B |
| Employee benefits | ($954.3B) | ($703.5B) | ($278.5B) | ($77.6B) |
| Administrative expenses | ($446.7B) | ($366.4B) | ($164.2B) | ($39.2B) |
| Depreciation and amortization of fixed assets | ($178.8B) | ($138.1B) | ($58.1B) | ($15.2B) |
| Other operating expenses | ($924.7B) | ($669.7B) | ($321.3B) | ($75.1B) |
| Operating income after expenses, depreciation and amortization | $1.6T | $2.7T | $2.0T | $288.1B |
| (Loss) / income from associates and joint ventures | ($257.0M) | $1.6B | $155.4B | ($113.5M) |
| Loss on net monetary position | ($1.1T) | ($2.4T) | ($1.3T) | ($228.8B) |
| Income before tax on continuing operations | $511.1B | $360.0B | $870.0B | $59.1B |
| Income tax on continuing operations | ($220.4B) | ($33.5B) | ($282.3B) | ($18.4B) |
| Net income from continuing operations | $290.7B | $326.5B | $587.7B | $40.8B |
| Net income for the fiscal year | $290.7B | $326.5B | $587.7B | $40.8B |
| Net income for the fiscal year attributable to controlling interests | $289.5B | $325.5B | $587.3B | $40.8B |
| Net income for the fiscal year attributable to non-controlling interests | $1.2B | $989.1M | $350.7M | $7.1M |
| Basic earnings per share | $452.75 | $509.06 | $918.54 | $63.76 |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash | $543.5B | $416.1B | $397.4B | $27.6B |
| Central Bank of Argentina | $3.0T | $1.9T | $515.9B | $143.5B |
| Other local and foreign entities | $755.7B | $345.9B | $289.7B | $78.9B |
| Other | $98.6M | $54.8B | $56.0M | $12.1M |
| Cash and deposits in banks | $4.3T | $2.7T | $1.2T | $250.1B |
| Debt securities at fair value through profit or loss | $991.1B | $843.0B | $1.8T | $211.1B |
| Derivative financial instruments | $7.9B | $19.3B | $13.1B | $42.9M |
| Repo transactions | $181.2B | $19.0B | $615.6B | $61.9B |
| Other financial assets | $716.5B | $548.1B | $201.4B | $57.9B |
| Non-financial public sector | $228.4B | $69.9B | $4.7B | $2.2B |
| Other financial entities | $117.6B | $63.1B | $10.0B | $927.3M |
| Non-financial private sector and foreign residents | $10.4T | $5.7T | $1.8T | $595.5B |
| Loans and other financing | $10.7T | $5.8T | $1.8T | $598.6B |
| Other debt securities | $4.4T | $3.1T | $430.9B | $737.2B |
| Financial assets delivered as guarantee | $347.2B | $247.1B | $132.9B | $30.6B |
| Current income tax assets | $1.9B | $84.3B | $877.8M | — |
| Equity instruments at fair value through profit or loss | $30.2B | $8.7B | $3.2B | $839.5M |
| Investments in associates and joint ventures | $6.2B | $4.6B | $1.7B | $1.1B |
| Property, plant and equipment | $1.0T | $788.3B | $356.8B | $101.9B |
| Intangible assets | $182.9B | $147.5B | $75.2B | $17.4B |
| Deferred income tax assets | $23.1B | $2.3B | $995.5M | $73.6M |
| Other non-financial assets | $147.4B | $105.3B | $54.8B | $12.5B |
| Non-current assets held for sale | $94.1B | $75.8B | $41.9B | $8.9B |
| TOTAL ASSETS | $23.2T | $14.5T | $6.7T | $2.1T |
| Non-financial public sector | $638.9B | $643.7B | $187.1B | $110.0B |
| Financial Sector | $18.6B | $12.0B | $20.2B | $1.7B |
| Non-financial private sector and foreign residents | $13.0T | $7.8T | $3.2T | $1.2T |
| Deposits | $13.7T | $8.4T | $3.4T | $1.3T |
| Liabilities at fair value through profit or loss | $14.7B | $7.2B | $13.8B | $526.0M |
| Derivative financial instruments | $498.7M | $1.3B | $2.8B | $2.4M |
| Other financial liabilities | $1.8T | $1.0T | $374.5B | $135.1B |
| Financing received from the BCRA and other financial institutions | $153.2B | $43.5B | $19.8B | $2.4B |
| Issued corporate bonds | $757.6B | $14.8B | $58.9B | $2.7B |
| Current income tax liabilities | $304.7B | $19.0B | $213.9B | $10.8B |
| Subordinated corporate bonds | $588.0B | $417.7B | $328.2B | $72.1B |
| Provisions | $71.8B | $17.1B | $8.8B | $2.8B |
| Deferred income tax liabilities | $1.2B | $80.1B | $45.4B | $13.1B |
| Other non-financial liabilities | $633.9B | $367.5B | $214.2B | $42.8B |
| TOTAL LIABILITIES | $18.0T | $10.4T | $4.7T | $1.6T |
| Capital stock | $639.4M | $639.4M | $639.4M | $639.4M |
| Non-capitalized contributions | $12.4B | $12.4B | $12.4B | $12.4B |
| Capital adjustments | $1.6T | $1.3T | $567.3B | $173.3B |
| Earnings reserved | $4.4T | $3.3T | $1.2T | $406.0B |
| Unappropriated retained earnings | ($1.1T) | ($847.1B) | ($383.8B) | ($121.0B) |
| Accumulated other comprehensive income | ($477.7M) | ($9.6B) | $40.5B | $50.5M |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Income for the fiscal year before income tax | $511.1B | $360.0B | $870.0B | $59.1B |
| Adjustment for the total monetary effect of the fiscal year | $1.1T | $2.4T | $1.3T | $228.8B |
| Amortization and depreciation | $178.8B | $138.1B | $58.1B | — |
| Credit loss expense on financial assets | $538.4B | $108.1B | $46.0B | $6.9B |
| Difference in quoted prices of foreign currency | ($410.2B) | ($230.7B) | ($519.7B) | ($84.6B) |
| Other adjustments | ($193.6B) | ($1.4T) | $115.5B | $146.0B |
| Debt securities at fair value through profit or loss | ($81.2B) | $4.7T | ($909.9B) | ($147.9B) |
| Derivative financial instruments | $17.4B | $9.3B | $9.2B | ($40.4M) |
| Repo transactions | ($181.2B) | $1.3T | ($167.2B) | ($753.0M) |
| Non-financial public sector | ($136.5B) | ($59.7B) | $2.2B | $2.4B |
| Other financial entities | ($34.6B) | ($41.4B) | ($7.1B) | $2.0B |
| Non-financial private sector and foreign residents | ($3.4T) | ($1.8T) | $281.2B | $76.2B |
| Other debt securities | ($273.6B) | ($4.2T) | $240.9B | $45.4B |
| Financial assets delivered as guarantee | ($22.1B) | $42.3B | $3.2B | $4.4B |
| Equity Instruments at fair value through profit or loss | ($18.8B) | ($1.7B) | ($409.3M) | $6.5B |
| Other assets | ($6.0B) | ($93.8B) | $16.5B | $9.9B |
| Non-financial public sector | ($207.9B) | $236.3B | ($59.9B) | $84.0M |
| Financial sector | $2.8B | ($31.9B) | $15.0B | ($218.9M) |
| Non-financial private sector and foreign residents | $2.8T | $879.2B | ($1.3T) | $148.5B |
| Liabilities at fair value through profit or loss | $5.3B | ($22.9B) | ($8.2B) | ($2.6B) |
| Derivative financial instruments | ($1.2B) | ($4.9B) | ($5.7B) | ($2.6M) |
| Repo transactions | ($24.9B) | ($32.4B) | $23.6B | — |
| Other liabilities | $510.4B | $119.5B | ($82.9B) | $5.0B |
| Income tax paid | ($43.6B) | ($322.2B) | ($26.5B) | ($2.7B) |
| Total cash from operating activities | $555.2B | $2.0T | ($85.2B) | $517.7B |
| Acquisition of PPE, intangible assets and other assets | ($171.9B) | ($124.5B) | ($57.1B) | ($24.3B) |
| Total cash used in investing activities (B) | ($171.9B) | ($133.7B) | $81.3B | ($24.3B) |
| Dividends | ($155.5B) | ($466.9B) | ($179.7M) | ($19.1B) |
| Acquisition of own shares | -181.0M | — | — | — |
| Non-subordinated corporate bonds | ($59.4B) | ($82.5B) | ($4.9B) | ($5.1B) |
| Subordinated corporate bonds | ($41.3B) | ($28.4B) | ($12.9B) | ($4.7B) |
| Other payments related to financing activities | ($15.4B) | ($8.3B) | ($3.9B) | ($1.0B) |
| Non-subordinated corporate bonds | $720.4B | — | $29.5B | $2.9B |
| Financing from local financial entities | $85.4B | ($5.9B) | ($7.6B) | $2.0B |
| Total cash from / (used in) financing activities (C) | $534.1B | ($592.0B) | ($56.9M) | ($25.0B) |
| Effect of exchange rate fluctuations (D) | $784.7B | $365.9B | $909.3B | $126.3B |
| Monetary effect on cash and cash equivalents (E) | ($950.1B) | ($1.8T) | ($1.9T) | ($448.5B) |
| Net increase / (decrease) in cash and cash equivalents (A+B+C+D+E) | $751.9B | ($151.4B) | ($950.9B) | $146.2B |
| Cash and cash equivalents at the beginning of the fiscal year | $3.8T | $3.0T | $2.3T | $603.7B |
| Cash and cash equivalents at the end of the fiscal year | $4.5T | $2.9T | $1.4T | $749.9B |
Macro Bank Inc. score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.