Macro Bank (NYSE:BMA) reported higher first-quarter 2026 profit and maintained its annual guidance, while executives said credit demand was recovering after a seasonally weak start to the year and asset-quality deterioration appeared to be nearing a peak.
Investor Relations representative Nicolás Agustín Torres said Banco Macro’s net income totaled ARS 139.8 billion in the first quarter, up 28% from the prior quarter and 131% from a year earlier. Annualized return on average equity was 10%, while annualized return on average assets was 2.4%. Excluding restructuring expenses, Torres said net income would have been ARS 152.9 billion, with ROE of 10.9% and ROA of 2.6%.
