Banco Macro: Q3 Earnings Snapshot
By AP News
Published - Nov 22, 2023, 07:15 PM ET
Last Updated - Dec 21, 2023, 12:08 PM EST
BUENOS AIRES, Argentina (AP) — BUENOS AIRES, Argentina (AP) — Banco Macro SA (BMA) on Wednesday reported third-quarter earnings of $24.5 million.
The Buenos Aires, Argentina-based bank said it had earnings of 33 cents per share.
The financial holding company posted revenue of $2.2 billion in the period. Its revenue net of interest expense was $1.16 billion, which topped Street forecasts.
Banco Macro shares have risen 38% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $22.72, a rise of 74% in the last 12 months.
