BUENOS AIRES, Argentina,
Aug. 10, 2015 /PRNewswire/
-- Banco Macro S.A. (NYSE: BMA; BCBA: BMA) ("Banco Macro" or
"BMA" or the "Bank") announced today its results for the second
quarter ended June 30, 2015
("2Q15"). All figures are in Argentine pesos (Ps.) and have
been prepared in accordance with Argentine GAAP.
Summary
- The Bank's net income totaled Ps.822.7 million in 2Q15. This
result was 12% higher than the Ps.732.7 million posted in the
second quarter of 2014 ("2Q14") and 26% lower than the Ps.1.1
billion reported in the first quarter of 2015 ("1Q15"). In 2Q15,
the annualized return on average equity ("ROAE") and the annualized
return on average assets ("ROAA") were 25.8% and 4%,
respectively.
- In 2Q15, Banco Macro's financing to the private sector grew
7% or Ps.3.4 billion quarter over quarter ("QoQ") totaling Ps.51.5
billion. Among commercial loans, other loans (prefinancing and
export financing), pledge loans and documents (mainly
productive investments loans with pledge guarantee according to
Communication "A" 5319, "A" 5380, "A" 5449, "A" 5516, "A" 5600 and
"A" 5681 and it´s corresponding modifications of BCRA),
grew 20%, 16% and 13% QoQ, respectively. Meanwhile within
consumer loans, personal loans and credit cards rose 10% and 7%
QoQ, respectively.
- In 2Q15, Banco Macro's total deposits grew 11% QoQ, totaling
Ps.64.6 billion and representing 86% of the Bank's total
liabilities. Private sector deposits grew 11% QoQ.
- Banco Macro continued showing a strong solvency ratio, with
excess capital of Ps.6.1 billion (22.4% capitalization ratio). In
addition, the Bank's liquid assets remained at an adequate level,
reaching 40.2% of its total deposits in 2Q15.
- In 2Q15, the Bank's non-performing to total financing ratio
was 1.92% and the coverage ratio reached 131.23%.
2Q15 Earnings Release Conference Call
Tuesday, August 11, 2015
Time: 11:00 a.m. Eastern Time |
12:00 p.m. Buenos Aires Time
To participate, please dial:
Argentine
Participants: (0800) 444 2930
U.S. Participants: +1
(877) 317 6776
Participants from outside the
U.S.:
+1 (412) 317 6776
Conference ID: Banco Macro
Webcast: click
here
Webcast Replay: click here
Available from 8/11/2015 through
8/25/2015
With the presence of: Jorge
Pablo Brito (Member of the Executive Committee),
Guillermo Goldberg (Commercial
Deputy General Manager), Jorge
Scarinci (Finance and IR Manager) and Ines Lanusse (Investor Relations
Officer).
IR Contacts in Buenos
Aires:
Jorge Scarinci
Finance & IR Manager
Ines
Lanusse
Investor Relations Officer
Phone: (54 11) 5222 6682
E-mail:
investorelations@macro.com.ar
Visit our website at: www.ri-macro.com.ar
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/banco-macro-announces-results-for-the-second-quarter-of-2015-300126438.html
SOURCE Banco Macro S.A.