Banco Macro Announces Results for the Fourth Quarter of 2012

         Banco Macro Announces Results for the Fourth Quarter of 2012

PR Newswire

BUENOS AIRES, Argentina, Feb. 14, 2013

BUENOS AIRES, Argentina, Feb. 14, 2013 /PRNewswire/ -- Banco Macro S.A. (NYSE:
BMA; BCBA: BMA) ("Banco Macro" or "BMA" or the "Bank") announced today its
results for the fourth quarter ended December 31, 2012 ("4Q12"). All figures
are in Argentine pesos (Ps.) and have been prepared in accordance with
Argentine GAAP.


  oThe Bank's net income totaled Ps.425.8 million in 4Q12. This result was 3%
    higher than the Ps.411.9 million reported in the third quarter of 2012
    ("3Q12") and 23% higher than the Ps.346.4 million posted in the fourth
    quarter of 2011 ("4Q11"). In 4Q12, the annualized return on average equity
    ("ROAE") and the annualized return on average assets ("ROAA") were 27.8%
    and 3.5%, respectively.
  oIn 4Q12, Banco Macro's financing to the private sector grew 9% or Ps.2.7
    billion quarter over quarter ("QoQ") totaling Ps.31.9 billion. Commercial
    loans showed better performance than consumer loans. Among commercial
    loans, pledge and mortgages loans (mainly productive investments loans
    with mortgage and pledge guarantees respectively, according to
    Communication "A" 5319 of BCRA), grew 45% and 34% QoQ, respectively.
    Credit cards and personal loans rose 20% and 5% QoQ, respectively.
  oIn 4Q12, Banco Macro's total deposits grew 4% QoQ, totaling Ps.36.2
    billion and representing 86% of the Bank's total liabilities. Private
    sector deposits grew 5% QoQ.
  oBanco Macro continued showing a strong solvency ratio, with excess capital
    of Ps.2.1 billion (19% capitalization ratio). In addition, the Bank's
    liquid assets remained at an adequate level, reaching 31.7% of its total
    deposits in 4Q12.
  oIn 4Q12, the Bank's non-performing to total financing ratio was 1.78% and
    the coverage ratio reached 154.52%.

4Q12 Earnings Release Conference Call

Friday, February 15, 2013
Time: 11:00 a.m. Eastern Time | 1:00 p.m. Buenos Aires Time

To participate, please dial:
Argentine Participants: (0800) 333 0511
U.S. Participants: +1 (888) 772 8167
Participants from outside the U.S.:
+1 (779) 232 1760

Conference ID: 89466293
Webcast:click here
Webcast Replay: click here
Available from 2/15/2013 through 3/1/2013

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

IR Contacts in Buenos Aires:

Jorge Scarinci
Finance & IR Manager

Ines Lanusse
Investor Relations

Phone: (54 11) 5222 6682

Visit our website at:

SOURCE Banco Macro S.A.

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