Banco Macro Reports Significant Recovery in Q4 2025 Financial Performance

Banco Macro Reports Strong Financial Results for Q4 2025

Banco Macro S.A., a prominent player in the Argentine banking sector, recently unveiled its financial results for the fourth quarter of 2025, highlighting a notable recovery from previous losses. For the quarter ending on December 31, 2025, the bank registered a net income of Ps.100.1 billion, marking a significant rebound from the previous quarter's financial constraints. However, when compared to last year’s fourth quarter, this figure represents a decline of 26% or Ps.34.4 billion. Despite the decrease, the accumulated annualized return on average equity (ROAE) stood at 5.1%, with an annualized return on average assets (ROAA) of 1.4%.

The bank emphasized that the fourth quarter's figures were adjusted for inflation impacts in accordance with IAS 29. Excluding non-recurring expenses amounting to Ps.82.9 billion, the adjusted net income for Q4 2025 would have reached Ps.183 billion, with a corresponding increase in ROAE and ROAA to 6.6% and 1.8%, respectively.

In terms of operating income, Banco Macro reported Ps.1.17 trillion before general administration (GA) and personnel expenses, reflecting a significant quarter-on-quarter increase of 39% or Ps.324.2 billion, and a year-on-year rise of 9% or Ps.94.4 billion. Post GA and personnel expenses, operating income amounted to Ps.453.2 billion, a staggering 156% increase from the previous quarter but slightly lower than the same quarter last year by 4% or Ps.20.3 billion.

Banco Macro's total financing experienced a minor decline, decreasing by 2% or Ps.210.6 billion from the prior quarter to reach Ps.10.71 trillion, although it showed a robust annual growth of 40% or Ps.3.08 trillion. Peso-denominated financing grew by 2%, while financing in USD saw a sharp decrease of 20%.

Regarding deposits, Banco Macro reported an 8% increase in total deposits, amounting to Ps.13.69 trillion for the quarter, which accounted for 76% of the bank's total liabilities. The private sector deposits surged by 11% or Ps.1.27 trillion. Peso deposits increased by 3%, and deposits in USD rose by 10%.

The bank maintained a strong solvency ratio, with excess capital of Ps.3.61 trillion, resulting in a capital adequacy ratio of 30.6% under Basel III standards. Similarly, the Tier 1 ratio also stood at 30.6%. It is noteworthy that Banco Macro's liquid assets continued to remain at a healthy level, representing 73% of total deposits.

On the asset performance front, the bank’s non-performing to total financing ratio was recorded at 3.87%, with a coverage ratio of 119.86%. This indicates that Banco Macro is effectively managing its risk exposures within the challenging economic landscape.

With a network of 444 branches and a workforce comprising 8,490 employees, Banco Macro serves approximately 6.36 million retail customers, including 2.57 million digital customers, across 23 provinces in Argentina. The bank also caters to over 224,969 corporate clients, showcasing its pivotal role in the country’s financial ecosystem.

As part of its ongoing commitment to transparency and investor engagement, Banco Macro will host its Earnings Conference Call on February 26, 2026, at 11:00 AM ET. The bank's leadership, including CFO Jorge Scarinci and Investor Relations contact Nicolás A. Torres, will provide insights into these results and future strategies.

The resilient performance of Banco Macro in the face of persistent economic challenges underlines its robust business model and commitment to serving its customers and stakeholders effectively. Moving forward, the bank's focus will be on optimizing its operations while continuing to strengthen its capital base to enhance shareholder value.