Get started

Financials · BMA

Banco Macro S.A. ADR (representing Ten (BMA) financials

For fiscal 2025 (ended Dec 31, 2025), Banco Macro S.A. ADR (representing Ten reported ARS 3.84T of revenue and ARS 289.49B of net income. Figures are in ARS, the currency of its SEC filings.

Revenue, FY2025
ARS 3.84T
Revenue growth, YoY
+38.8%
Net income, FY2025
ARS 289.49B
Net income growth, YoY
-32.4%
Net margin
7.5%
Free cash flow, FY2025
ARS 383.25B
Cash
ARS 4.52T
Annual revenueARS 3.84T
FY2017FY2025
Annual net incomeARS 289.49B
FY2017FY2025
Annual free cash flowARS 383.25B
FY2017FY2025

BMA revenue and earnings growth

BMA revenueFY2025ARS 3.84T

FY YoY
+38.8%
5Y CAGR
+61.5%

BMA revenue was ARS 3.84T for fiscal 2025 (ended Dec 31, 2025), up 38.8% from fiscal 2024. Compound annual growth was +61.5% over 5 years. It rose in 7 of the last 8 fiscal years. Fiscal 2025 is the highest of the 9 fiscal years on file.

BMA net incomeFY2025ARS 289.49B

FY YoY
-32.4%
5Y CAGR
+30.4%

BMA net income was ARS 289.49B for fiscal 2025 (ended Dec 31, 2025), down 32.4% from fiscal 2024. Compound annual growth was +30.4% over 5 years. It rose in 4 of the last 6 fiscal years.

BMA free cash flowFY2025ARS 383.25B

FY YoY
-84.5%
5Y CAGR
+2.4%

BMA free cash flow was ARS 383.25B for fiscal 2025 (ended Dec 31, 2025), down 84.5% from fiscal 2024. Compound annual growth was +2.4% over 5 years.

Export CSV

Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
RevenueARS 3.84TARS 2.77TARS 3.00TARS 2.53TARS 997.81BARS 349.72BARS 216.26BARS 128.46BARS 81.39B
Selling, general and adminARS 446.68BARS 481.93BARS 470.45BARS 265.53BARS 121.88BARS 42.75BARS 26.30BARS 17.33BARS 11.74B
Operating incomeARS 1.56TARS 3.58TARS 5.80TARS 1.95TARS 548.12BARS 205.62BARS 125.18BARS 56.30BARS 36.35B
Interest expenseARS 1.93TARS 2.51TARS 4.64TARS 2.08TARS 572.59BARS 178.87BARS 131.84BARS 63.21BARS 26.14B
Pre-tax incomeARS 511.12BARS 473.59BARS 2.48TARS 401.07BARS 145.94BARS 115.26BARS 69.17BARS 18.34BARS 22.07B
Income taxARS 220.42BARS 44.10BARS 808.75BARS 124.57BARS 7.19BARS 38.36BARS 26.59BARS 19.84BARS 12.94B
Net incomeARS 289.49BARS 428.19BARS 1.67TARS 276.45BARS 138.74BARS 76.90BARS 42.57B-ARS 1.50BARS 9.13B
EPS, basicARS 452.75ARS 669.67ARS 2607.59ARS 432.35ARS 216.99ARS 120.27ARS 66.58-ARS 2.27ARS 14.51
Diluted shares639.4M639.4M639.4M639.4M639.4M639.4M639,413661,141629.5M

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
Cash and equivalentsARS 4.52TARS 3.77TARS 3.97TARS 6.69TARS 4.09TARS 2.41TARS 589.98BARS 412.94BARS 172.19B
Total assetsARS 23.24TARS 19.06TARS 14.63TARS 6.51TARS 1.95TARS 1.17TARS 606.15BARS 540.30BARS 338.07B
Total liabilitiesARS 18.00TARS 13.74TARS 10.19TARS 4.91TARS 1.48TARS 940.34BARS 461.76BARS 446.61BARS 266.32B
Shareholders' equityARS 5.23TARS 5.33TARS 5.84TARS 4.57TARS 3.17TARS 1.39TARS 424.55BARS 192.54BARS 149.65B

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
Operating cash flowARS 555.20BARS 2.63T-ARS 244.15BARS 3.51TARS 271.77BARS 351.90BARS 28.48BARS 159.43B-ARS 26.08B
Capital expendituresARS 171.95BARS 163.80BARS 163.49BARS 164.97BARS 41.81BARS 10.81BARS 8.51BARS 5.27BARS 4.53B
Free cash flowARS 383.25BARS 2.47T-ARS 407.65BARS 3.35TARS 229.96BARS 341.09BARS 19.97BARS 154.16B-ARS 30.61B
Investing cash flow-ARS 171.95B-ARS 175.87BARS 232.96B-ARS 164.99B-ARS 42.03B-ARS 10.81B-ARS 8.51B-ARS 5.27B-ARS 4.53B
Financing cash flowARS 534.11B-ARS 778.80B-ARS 163.06M-ARS 169.39B-ARS 52.64B-ARS 20.05B-ARS 31.88B-ARS 16.42BARS 35.35B
Dividends paidARS 155.51BARS 614.25BARS 514.74MARS 129.49B-ARS 1.18MARS 17.48BARS 9.45BARS 1.82B
Share repurchasesARS 180.98M----ARS 0ARS 613.90MARS 10.43B-
Depreciation and amortizationARS 178.82BARS 181.72BARS 166.43BARS 103.41BARS 43.22B--ARS 1.47BARS 1.41B

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
Revenue growth, YoY38.8%-7.6%18.3%153.7%185.3%61.7%68.4%57.8%-
Net income growth, YoY-32.4%-74.3%503.1%99.3%80.4%80.6%---
Operating margin40.7%129.2%193.5%77.2%54.9%58.8%57.9%43.8%44.7%
Net margin7.5%15.5%55.7%10.9%13.9%22.0%19.7%-1.2%11.2%
Free cash flow margin10.0%89.2%-13.6%132.2%23.0%97.5%9.2%120.0%-37.6%
Return on equity5.5%8.0%28.5%6.0%4.4%5.5%10.0%-0.8%6.1%
Return on assets1.2%2.2%11.4%4.2%7.1%6.6%7.0%-0.3%2.7%

Source: XBRL data Banco Macro S.A. ADR (representing Ten files with the SEC, latest filing dated Apr 20, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

BMA peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
BMAARS 3.84T+38.8%ARS 289.49B7.5%$3.74B
RYC$66.61B+16.1%C$20.36B30.6%$282.66B
MUFG¥11.87T+9.5%¥1.73T14.6%$257.53B
TDC$67.78B+18.4%C$20.54B30.3%$202.90B
SAN€55.32B-1.5%€14.10B25.5%$180.35B
SMFG¥4.35T+13.6%¥1.14T26.1%$154.95B
BBVA--€10.51B-$149.88B
HDB₹2.50T+5.2%₹704.79B28.2%$132.41B

BMA FAQ

7 questions
  • What is BMA revenue?
    Banco Macro S.A. ADR (representing Ten (BMA) reported ARS 3.84T of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 38.8% from the year before.
  • Is BMA profitable?
    Yes. Banco Macro S.A. ADR (representing Ten earned ARS 289.49B in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 7.5%.
  • How much cash and debt does BMA have?
    Banco Macro S.A. ADR (representing Ten reported ARS 4.52T in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is BMA revenue growing?
    Banco Macro S.A. ADR (representing Ten's revenue changed +38.8% in fiscal 2025, to ARS 3.84T. Its compound annual growth rate was +61.5% over 5 years.
  • What is BMA free cash flow?
    Banco Macro S.A. ADR (representing Ten generated ARS 383.25B of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of ARS 555.20B less capital expenditures.
  • When did BMA last report financial results?
    The latest statements here come from Banco Macro S.A. ADR (representing Ten's 20-F filed on Apr 20, 2026, covering the period ended Dec 31, 2025.
  • Where does this BMA financial data come from?
    Quantisnow builds these statements from the structured XBRL data Banco Macro S.A. ADR (representing Ten files with the SEC. It is provided for information only and is not investment advice.