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Banco Macro S.A. (Argentina)

Main Activities: Commercial Banking
Secondary Activities: Consumer Lending | Mortgage and Nonmortgage Loan Brokers
Full name: Banco Macro S.A. Profile Updated: November 06, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English & Spanish Download a sample report

Banco Macro S.A. is one of Argentina’s largest domestically-owned private banks, offering a comprehensive suite of financial services to individuals, SMEs, corporations, and government entities. Headquartered in Buenos Aires, the bank was incorporated in 1988 after evolving from its origins as Financiera Macro, a brokerage firm founded in 1976. Banco Macro operates a nationwide network of over 500 branches, with a strong presence in Argentina’s interior provinces, and serves more than 5 million customers. Its core business includes retail banking (personal loans, mortgages, savings and checking accounts), corporate banking (working capital, trade finance, leasing), investment services, insurance, and digital banking. The bank also manages mutual funds and acts as a financial agent in several provinces. Among its most recognized brands and subsidiaries are Macro Bank Limited, Macro Valores, Macro Fondos, and Argenpay, which supports digital payments and wallets. The bank is publicly traded on both the Buenos Aires Stock Exchange (BCBA) and the New York Stock Exchange (NYSE: BMA). As of 2024, Delfín Jorge Ezequiel Carballo and the Brito family are among the principal shareholders, alongside institutional investors and Argentina’s ANSES (Social Security Administration). Banco Macro has grown significantly through acquisitions, including provincial banks like Banco de Salta, Banco de Misiones, and most recently Banco Itaú Argentina in 2023, reinforcing its leadership in regional markets. Recognized as one of the most valuable brands in Argentina by Brand Finance in 2025, Banco Macro continues to focus on financial inclusion, digital transformation, and sustainable development.

Headquarters
Calle Av. Eduadrdo Madero 1182
Buenos Aires (City); Federal Capital; Postal Code: C1041AAI

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Website: https://www.macro.com.ar/

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
November 08, 1995
Key Executives
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President
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Vice President
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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28.8%
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22.84%
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19.27%
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17.28%
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11.81%
Subsidiaries
Argepay Sau
100%
Macro Fiducia S.A.
100%
Macro Fondos S.G.F.C.I. S.A.
100%
Company Performance
Financial values in the chart are available after Banco Macro S.A. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency ARS. Absolute financial data is included in the purchased report.
Net interest income
1399.48%
Net fee and commission income
143.74%
Operating profit (EBIT)
-37.47%
Net Profit (Loss) for the Period
108.85%
Total assets
72.97%
Total equity
41.38%
Total Assets Trend
-161.93%
Net Interest Income Trend
N/A
Cost to Income Ratio
18.69%
Loans to Deposits Ratio
35.09%
Loans to Asset Ratio
21.74%

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