Banco Macro Announces Results for the Fourth Quarter of 2025

Core Viewpoint - Banco Macro reported its financial results for the fourth quarter of 2025, highlighting significant growth in deposits and operating income, while also addressing the impact of inflation adjustments on its financial statements [1]. Group 1: Financial Performance - As of 4Q25, Banco Macro serves 6.36 million retail customers and over 224,969 corporate customers across Argentina [1]. - The bank's non-performing to total financing ratio was 3.87%, with a coverage ratio of 119.86% [1]. - Total deposits increased by 8% quarter-over-quarter (QoQ) to Ps.13.69 trillion, and by 24% year-over-year (YoY) [1]. - Total financing decreased by 2% QoQ to Ps.10.71 trillion, but increased by 40% YoY [1]. - Operating income after general and administrative expenses totaled Ps.453.2 billion, a 156% increase QoQ [1]. - Net income for 4Q25 was Ps.100.1 billion, recovering from a loss in the previous quarter, but 26% lower than 4Q24 [1]. Group 2: Capital and Liquidity - Banco Macro maintained a strong solvency ratio with excess capital of Ps.3.61 trillion and a capital adequacy ratio of 30.6% [1]. - Liquid assets accounted for 73% of total deposits in 4Q25 [1]. - The bank's Tier 1 ratio also stood at 30.6% [1]. Group 3: Adjustments and Returns - Excluding non-recurring expenses, net income for 4Q25 would have been Ps.183 billion, with an accumulated return on average equity (ROAE) of 6.6% [1]. - The accumulated annualized return on average assets (ROAA) was 1.8% [1].