BMA
Banco Macro S.A.86.42
-1.57-1.79%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
FY Q3 '25
Q&A delivers 2026 guidance, NPL peak
Q&A surfaced detailed 2026 guidance missing from prepared remarks: 35% real loan growth, 25% deposits, low-teens ROE as a transition to 20% by 2027. Management pinpointed Q3 loss drivers as higher-than-expected provisions from NPL peak—due October-November—and one-off early retirement costs, with NIM rebounding to Q2's 23.5% in Q4. NPLs peak this quarter. They hunt M&A targets with excess capital over 12-18 months, paused buybacks amid stock surge, and expect bond portfolio reversal. Confident tone on growth across consumer-commercial; investors watch NPL stabilization and Q4 rebound.
Key Stats
Market Cap
6.09BP/E (TTM)
20.92Basic EPS (TTM)
4.13Dividend Yield
5.58%IPO
Website
Employees
Sector
Industry
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