BUENOS AIRES, Argentina, Aug 4, 2011 /PRNewswire/ -- Banco Macro S.A. (NYSE: BMA; Buenos Aires: BMA) ("Banco Macro" or "BMA" or the "Bank") announced today its results for the second quarter ended June 30, 2011 ("2Q11"). All figures are in Argentine pesos (Ps.) and have been prepared in accordance with Argentine GAAP.

SUMMARY

    --  The Bank's net income totaled Ps.257.8 million in 2Q11. This result was
        similar to the Ps.257.7 million in the previous quarter ("1Q11") and 16%
        higher than the Ps.222.1 million posted for the second quarter of 2010
        ("2Q10"). In 2Q11, the three-month annualized return on average equity
        ("ROAE") and return on average assets ("ROAA") were 24.7% and 3.1%,
        respectively.
    --  In 2Q11, the Bank's net financial income was Ps.675.1 million increasing
        by 6% compared to 1Q11. In the first six months of 2011, Banco Macro's
        net financial income (excluding income from government and private
        securities) was 64% higher than in the first six months of 2010, showing
        an improvement of the financial income quality.
    --  In 2Q11, Banco Macro's financing to the private sector grew 12% or
        Ps.2.2 billion quarter over quarter ("QoQ") totalling Ps.19.9 billion,
        excluding liquidity administration credit lines. Both consumer and
        commercial loans continued showing growth. Personal loans and credit
        cards loans rose 13% and 24% QoQ, respectively, while overdraft and
        documents grew 38% and 13% QoQ, respectively.
    --  In 2Q11, Banco Macro's total deposits grew 5% QoQ, totalling Ps.26.5
        billion and representing 82% of the Bank's total liabilities. Private
        sector deposits grew 4% in 2Q11, led by transactional deposits which
        increased 11%.
    --  In 2Q11, the Bank's non-performing to total financing ratio improved QoQ
        to 1.5% and the coverage ratio reached 158.2%.
    --  Banco Macro continued showing a strong solvency ratio, with excess
        capital of Ps.2.0 billion (20.0% capitalization ratio). In addition, the
        Bank's liquid assets remained at an adequate level, reaching 42.4% of
        its total deposits in 2Q11.
    --  A longer version of this press release with detailed information is
        available on our web site: www.macro.com.ar

QUARTERLY CONFERENCE CALL

A conference call to discuss this press release will be held on August 5, 2011 at 12:00 p.m. Buenos Aires time (11:00 a.m., New York time), with the presence of Jorge Pablo Brito (Member of the Executive Committee), Guillermo Stanley (Board member), Guillermo Goldberg (Deputy General Manager) and Jorge Scarinci, (Finance and Investor Relations Manager). Dial in information:

(877) 545-1415 (Within the U.S.)

(719) 457-2693 (Outside the U.S.)

Conference ID: 4385552

INVESTOR RELATIONS CONTACTS:

In Buenos Aires:Jorge Scarinci, CFAFinance and Investor Relations ManagerTel: +5411-5222-6730E-mail: investorelations@macro.com.arvisit our website at: www.macro.com.ar

SOURCE Banco Macro S.A.