BUENOS AIRES, Argentina, Nov. 10, 2015 /PRNewswire/ -- Banco Macro S.A. (NYSE: BMA; BCBA: BMA) ("Banco Macro" or "BMA" or the "Bank") announced today its results for the third quarter ended September 30, 2015 ("3Q15"). All figures are in Argentine pesos (Ps.) and have been prepared in accordance with Argentine GAAP.

Summary


    --  The Bank's net income totaled Ps.1.1 billion in 3Q15. This result was
        34% higher than the Ps.822.7 million posted in the second quarter of
        2015 ("2Q15") and 12% higher than the Ps.985.5 million reported in the
        third quarter of 2014 ("3Q14"). In 3Q15, the accumulated annualized
        return on average equity ("ROAE") and the accumulated annualized return
        on average assets ("ROAA") were 31.5% and 4.9%, respectively.
    --  In 3Q15, Banco Macro's financing to the private sector grew 10% or
        Ps.5.3 billion quarter over quarter ("QoQ") totaling Ps.56.8 billion.
        Among commercial loans, growth was driven by overdrafts, documents and
        mortgage loans (mainly productive investments loans with mortgage
        guarantee according to Communication "A" 5319, "A" 5380, "A" 5449, "A"
        5516, "A" 5600, "A" 5681, "A" 5771 and it´s corresponding modifications
        of BCRA), grew 23%, 11% and 10% QoQ, respectively. Meanwhile within
        consumer loans, personal loans and credit cards rose 13% and 9% QoQ,
        respectively.
    --  In 3Q15, Banco Macro's total deposits grew 8% QoQ, totaling Ps.69.5
        billion and representing 85% of the Bank's total liabilities. Private
        sector deposits grew 6% QoQ.
    --  Banco Macro continued showing a strong solvency ratio, with excess
        capital of Ps.6.5 billion (21.8% capitalization ratio). In addition, the
        Bank's liquid assets remained at an adequate level, reaching 38.2% of
        its total deposits in 3Q15.
    --  In 3Q15, the Bank's non-performing to total financing ratio was 1.77%
        and the coverage ratio reached 129.92%.

3Q15 Earnings Release Conference Call

Thursday, November 12, 2015
Time: 10:00 a.m. Eastern Time | 12:00 p.m. Buenos Aires Time

To participate, please dial:
Argentine Participants: (0800) 444 2930
U.S. Participants: +1 (877) 317 6776
Participants from outside the U.S.:
+1 (412) 317 6776

Conference ID: Banco Macro
Webcast:
click here

Webcast Replay: click here
Available from 11/12/2015 through 11/26/2015

With the presence of: Jorge Pablo Brito (Member of the Executive Committee), Guillermo Goldberg (Commercial Deputy General Manager), Jorge Scarinci (Finance and IR Manager) and Ines Lanusse (Investor Relations Officer).

IR Contacts in Buenos Aires:
Jorge Scarinci
Finance & IR Manager

Ines Lanusse
Investor Relations Officer

Phone: (54 11) 5222 6682
E-mail: investorelations@macro.com.ar

Visit our website at: www.ri-macro.com.ar

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SOURCE Banco Macro S.A.