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Banco Macro (BUE:BMA.5) Gross-Profit-to-Asset % : 78.44% (As of Mar. 2024)


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What is Banco Macro Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Banco Macro's annualized Gross Profit for the quarter that ended in Mar. 2024 was ARS6,555,904 Mil. Banco Macro's average Total Assets over the quarter that ended in Mar. 2024 was ARS8,358,139 Mil. Therefore, Banco Macro's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 78.44%.


Banco Macro Gross-Profit-to-Asset % Historical Data

The historical data trend for Banco Macro's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Banco Macro Gross-Profit-to-Asset % Chart

Banco Macro Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.59 46.09 72.48 35.68 42.77

Banco Macro Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 59.38 37.44 40.77 141.68 78.44

Competitive Comparison of Banco Macro's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Banco Macro's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Banco Macro's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banco Macro's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Banco Macro's Gross-Profit-to-Asset % falls into.



Banco Macro Gross-Profit-to-Asset % Calculation

Banco Macro's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=2828788.278/( (6508793.934+6718211.111)/ 2 )
=2828788.278/6613502.5225
=42.77 %

Banco Macro's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=6555904/( (6718211.111+9998066)/ 2 )
=6555904/8358138.5555
=78.44 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Banco Macro Gross-Profit-to-Asset % Related Terms

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Banco Macro (BUE:BMA.5) Business Description

Traded in Other Exchanges
Address
Avenida Eduardo Madero 1182, City of Buenos Aires, ARG, 1172
Banco Macro SA is a financial institution and it provides standard banking products and services designed to suit individual needs. It has two categories of customers, retail customers, which include individuals and entrepreneurs, and corporate customers, which include small, medium, and large companies and corporations. In addition, it provides services to four provincial governments. It generates the majority of its revenue from Argentina.

Banco Macro (BUE:BMA.5) Headlines

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