Banco Macro (Banco Macro) Gross-Profit-to-Asset % : 33.65% (As of Sep. 2023)

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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 Sep. 2023 was $4,012 Mil. Banco Macro's average Total Assets over the quarter that ended in Sep. 2023 was $11,924 Mil. Therefore, Banco Macro's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 33.65%.

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.

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Banco Macro Gross-Profit-to-Asset % Chart

Banco Macro Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Gross-Profit-to-Asset %

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21.47

34.95

41.02

21.34

18.20

Banco Macro Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															67.76	-46.12	27.15	34.25	33.65

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. 2022 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2022 )	/	( (Total Assets (A: Dec. 2021 )	+	Total Assets (A: Dec. 2022 ))	/ count )
	=	2889.125	/	( (19274.852	+	12467.165)	/ 2 )
	=	2889.125	/	15871.0085
	=	18.20 %

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

Gross-Profit-to-Asset %	=	Gross Profit (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	4012.476	/	( (13251.659	+	10596.583)	/ 2 )
	=	4012.476	/	11924.121
	=	33.65 %

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 (Sep. 2023) 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 (Banco Macro) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Macro SA (NYSE:BMA) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

B4W:Germany B4W:Germany BMA:Argentina

Address

Avenida Eduardo Madero 1182, City of Buenos Aires, ARG, 1172

Website

https://www.macro.com.ar

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.