Banco Macro: Q2 Earnings Snapshot
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BUENOS AIRES, Argentina (AP) — BUENOS AIRES, Argentina (AP) — Banco Macro SA (BMA) on Wednesday reported second-quarter earnings of $191.3 million.
The bank, based in Buenos Aires, Argentina, said it had earnings of $2.69 per share.
The financial holding company posted revenue of $1.7 billion in the period. Its revenue net of interest expense was $840.4 million, topping Street forecasts.
Banco Macro shares have climbed 44% since the beginning of the year. The stock has climbed 67% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BMA at https://www.zacks.com/ap/BMA
