Business Context and Reporting Period
Macro Bank Inc. (Banco Macro S.A.) filed a Form 6-K on May 9, 2019, submitting a translation of a report to the Argentine securities regulator (CNV) and the Buenos Aires Stock Exchange (BYMA). The filing discloses financial results for the period ended March 31, 2019.
Key Financial Metrics
All figures are in thousands of Argentine Pesos (AR$).
| Metric | Value |
|---|---|
| Net Income (Total) | 7,343,664 |
| Net Income (Attributable to Shareholders) | 7,343,432 |
| Other Comprehensive Income | 106,250 |
| Total Comprehensive Income | 7,449,914 |
| Net Shareholders' Equity | 62,087,866 |
| Capital Stock | 669,663 |
| Unappropriated Retained Earnings | 26,337,417 |
The filing does not provide data on revenue, operating margins, cash flow, debt levels, or liquidity ratios.
Material Changes
The filing text does not provide comparative data for the prior period; therefore, material changes in financial performance cannot be determined from this document.
Guidance, Outlook, and Risks
The document contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies. It is a statutory disclosure of financial position and ownership structure.
Ownership Structure
- Foreign Stock Exchange Shareholders: 29.04% of capital stock, 27.22% of voting rights.
- ANSES-F.G.S. (Law No. 26.425): 27.49% of capital stock, 25.77% of voting rights.
- Delfín Jorge Ezequiel Carballo: 16.68% of capital stock, 18.37% of voting rights.
- Jorge Horacio Brito: 16.59% of capital stock, 18.55% of voting rights.
- Local Stock Exchange Shareholders: 5.68% of capital stock, 5.85% of voting rights.
- Own Shares in Portfolio: 4.52% of capital stock, 4.24% of voting rights.
Investor Verification Checklist
- Verify the exchange rate used to convert AR$ figures to USD for international comparison.
- Confirm the specific quarter or fiscal period definition (e.g., Q1 2019) associated with the March 31, 2019 date.
- Review the full Form 20-F or annual report to obtain revenue, expense, and cash flow data absent from this 6-K.
- Assess the impact of the significant ownership stake held by ANSES-F.G.S. on corporate governance.