Banco Macro: Q3 Earnings Snapshot
BUENOS AIRES, Argentina (AP) — BUENOS AIRES, Argentina (AP) — Banco Macro SA (BMA) on Wednesday reported third-quarter earnings of $24.5 million.
The Buenos Aires, Argentina-based bank said it had earnings of 33 cents per share.
The financial holding company posted revenue of $2.2 billion in the period. Its revenue net of interest expense was $1.16 billion, which topped Street forecasts.
Banco Macro shares have risen 38% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $22.72, a rise of 74% 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
