BUENOS AIRES, Argentina (AP) — BUENOS AIRES, Argentina (AP) — Banco Macro SA (BMA) on Wednesday reported second-quarter earnings of…
BUENOS AIRES, Argentina (AP) — BUENOS AIRES, Argentina (AP) — Banco Macro SA (BMA) on Wednesday reported second-quarter earnings of $146.7 million.
The Buenos Aires, Argentina-based bank said it had earnings of $2.29 per share.
The financial holding company posted revenue of $1.35 billion in the period. Its revenue net of interest expense was $1.05 billion, topping Street forecasts.
Banco Macro shares have dropped 17% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $75.28, a climb of 15% in the last 12 months.
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