Banco Macro S.A. (BMA) Earnings History
Annual and quarterly earnings data from 2004 to 2024
Loading earnings history...
BMA EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
BMA Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2024 | 68.3% | 5.6% | 5.0% |
| 2023 | 62.3% | 19.4% | 13.1% |
| 2022 | 60.2% | 7.5% | 5.1% |
| 2021 | 65.3% | 8.6% | 8.2% |
| 2020 | 65.6% | 19.6% | 13.1% |
Download Data
Export BMA earnings history in CSV or JSON format
Free sign-in required to download data
Banco Macro S.A. (BMA) Earnings Overview
As of May 8, 2026, Banco Macro S.A. (BMA) reported trailing twelve-month net income of $291.41B, reflecting -44.6% year-over-year growth. The company earned $4557.49 per diluted share over the past four quarters, with a net profit margin of 5.0%.
Looking at the long-term picture, BMA's 5-year EPS compound annual growth rate (CAGR) stands at +51.5%, indicating exceptional earnings growth. The company achieved its highest annual net income of $1.27T in fiscal 2023.
Banco Macro S.A. maintains positive profitability with a gross margin of 68.3%, operating margin of 5.6%, and net margin of 5.0%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including GGAL ($915.98B net income, 15.3% margin), SUPV (-$48.45B net income, -2.4% margin), BBAR ($258.90B net income, 6.9% margin), BMA has room to improve margins relative to the peer group. Compare BMA vs GGAL →
BMA Earnings vs Peers
Earnings metrics vs comparable public companies
BMA Historical Earnings Data (2004–2024)
21 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $325.50B | -74.3% | $360.01B | $5090.60 | 5.0% | 5.6% |
| 2023 | $1.27T | +358.5% | $1.88T | $9185.40 | 13.1% | 19.4% |
| 2022 | $276.45B | +99.3% | $401.07B | $673.10 | 5.1% | 7.5% |
| 2021 | $138.74B | +80.4% | $145.94B | $424.20 | 8.2% | 8.6% |
| 2020 | $76.90B | +80.6% | $115.26B | $473.60 | 13.1% | 19.6% |
| 2019 | $42.57B | +2938.1% | $69.17B | $638.10 | 11.0% | 17.9% |
| 2018 | -$1.50B | -116.4% | $0 | $-23.10 | -1.2% | 0.0% |
| 2017 | $9.13B | +39.6% | $0 | $134.80 | 10.5% | 0.0% |
| 2016 | $6.54B | +30.6% | $0 | $110.40 | 30.5% | 0.0% |
| 2015 | $5.01B | +44.0% | $0 | $85.70 | 31.3% | 0.0% |
See BMA's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs BMA Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare BMA vs BRK-A
Side-by-side business, growth, and profitability comparison vs Berkshire Hathaway Inc..
Start ComparisonBMA — Frequently Asked Questions
Quick answers to the most common questions about buying BMA stock.
Is BMA growing earnings?
BMA EPS fell to $4557.49, with earnings declining -44.6%. This contrasts with the 5-year CAGR of +51.5%. TTM net income dropped to $291.4B.
What are BMA's profit margins?
Banco Macro S.A. net margin is +5.0%, with operating margin at +5.6%. Below-average margins reflect competitive or cost pressures.
How consistent are BMA's earnings?
BMA earnings data spans 2004-2024. The declining earnings trend is -44.6% YoY. Historical data enables comparison across business cycles.