Business Context and Reporting Period
Macro Bank Inc., a foreign private issuer, filed Form 6-K on May 15, 2018, to disclose a submission to the Buenos Aires Stock Exchange (BYMA). The filing provides financial data for the quarterly period ended March 31, 2018.
Key Financial Metrics
All figures are in thousands of Argentine Pesos (AR$).
| Metric | Value (AR$ '000s) |
|---|---|
| Net Income (Profit) | 3,542,183 |
| Total Comprehensive Income | 3,550,692 |
| Net Shareholders' Equity | 50,085,714 |
| Capital Stock | 669,663 |
| Retained Earnings | 16,406,624 |
The filing does not provide specific values for revenue, operating cash flow, profit margins, debt levels, or liquidity ratios.
Material Changes
The filing text does not provide comparative data for the prior period; therefore, material changes in financial performance cannot be determined from this document.
Outlook, Risks, and Shareholder Structure
The filing contains no management commentary, forward-looking guidance, or discussion of risks and contingencies. It details the shareholding structure as of the reporting date:
- Major Shareholders: Hold 33.26% of the capital stock (Messrs. Jorge Horacio Brito and Delfín Jorge Ezequiel Carballo).
- Other Shareholders: Hold 66.74% of the capital stock.
- Convertible Instruments: Major shareholders hold no debt instruments convertible into shares or stock purchase options.
Investor Verification Checklist
- Verify the exchange rate used to convert AR$ figures to USD for international comparison.
- Confirm the full quarterly revenue and expense breakdown, as only net profit is disclosed here.
- Review the full Form 20-F for detailed liquidity, debt, and risk factor disclosures.
- Validate the specific composition of "Other integral income" (8,509 AR$ '000s).