Buenos Aires, Argentina, November 9, 2016 - 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, 2016 ('3Q16'). All figures are in Argentine pesos (Ps.) and have been prepared in accordance with Argentine GAAP.

Summary

. The Bank's net income totaled Ps.1.6 billion in 3Q16. This result was 48% higher than the Ps.1.1 billion posted in the third quarter of 2015 ('3Q15'). In 3Q16, the accumulated annualized return on average equity ('ROAE') and the accumulated annualized return on average assets ('ROAA') were 35.2% and 5.4%, respectively.

. In 3Q16, Banco Macro's financing to the private sector grew 8% or Ps.5.7 billion quarter over quarter ('QoQ') totaling Ps.76.5 billion, and grew 35% or 19.7 billion, year over year ('YoY'). In the quarter, commercial lines stand out, among which, Documents and Overdrafts grew 26% and 16% QoQ, respectively. Among consumer loans, growth was driven by personal loans and credit cards which grew 6% and 2% QoQ, respectively. As of September 2016, Banco Macro has granted Ps.3.7 billion loans, regarding the 'Credit Line for Productive Financing and Financial Inclusion' program.

. In 3Q16, Banco Macro's total deposits grew 12% QoQ, totaling Ps.101.9 billion and representing 88% of the Bank's total liabilities. Private sector deposits grew 9% QoQ.

. Banco Macro continued showing a strong solvency ratio, with an excess capital of Ps.10.5 billion (23.6% capitalization ratio/ 17.3% regulatory capital - Basel III). In addition, the Bank's liquid assets remained at an adequate level, reaching 44.7% of its total deposits in 3Q16.

. In 3Q16, the Bank's non-performing to total financing ratio was 1.46% and the coverage ratio reached 155.15%.

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Quarterly Conference Call
Thursday, November 10, 2016
Time: 10:00 a.m. Eastern Time | 12:00 p.m. Buenos Aires Time

To participate, please dial

Argentine Participants: (0800) 444 2930
Participants Dial In (Toll Free): +1 (844) 839 2185
Participants International Dial In: +1 (412) 317 2506
Conference ID: Banco Macro
Webcast:click here

Webcast Replay:click here
Available from November 10 through November 24, 2016

The conference call will have the presence of Jorge Pablo Brito (Member of the Board of Directors), Gustavo Manriquez (General Manager), Jorge Scarinci (Finance and Investor Relations Manager) and Ines Lanusse (Head of Investor Relations).

Banco Macro SA published this content on 09 November 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 09 November 2016 21:19:12 UTC.

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