Banco Macro S.A. (BMA)

Banco Macro Cash Flow Statement

Financials in millions ARS. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	511,121	473,595	2,477,080	401,072	145,944
Depreciation & Amortization	178,815	181,722	166,433	103,406	43,225
Provision for Credit Losses	538,422	142,214	131,685	46,776	15,746
Other Adjustments	449,422	1,002,390	2,606,860	1,968,220	590,120
Changes in Trading Assets	-82,507	6,140,180	-2,581,360	-959,235	340,773
Changes in Securities Borrowed	-181,151	1,763,430	-478,904	-5,106	170,442
Changes in Trading Liabilities	4,027	-36,546	-39,839	-17,952	9,887
Changes in Accounts Payable	2,610,670	1,425,390	-3,818,330	1,006,040	-903,007
Changes in Accrued Expenses	-43,619	-423,864	-76,041	-18,244	-67,121
Changes in Other Operating Activities	-3,430,010	-8,034,730	1,368,260	985,919	-74,242
Operating Cash Flow	555,198	2,633,790	-244,152	3,510,890	271,768
Operating Cash Flow Growth	-78.92%	-	-	1191.87%	-22.77%
Payments for Business Acquisitions	-11,216	-62,898	-	-	-
Capital Expenditures	-171,945	-163,800	-163,495	-164,965	-41,810
Other Investing Activities	-851.47	-1,784	461,138	-25.9	-
Investing Cash Flow	-171,945	-175,867	232,962	-164,991	-42,026
Long-Term Debt Issued	805,824	-	84,442	33,255	-
Long-Term Debt Repaid	-100,661	-153,573	-72,816	-66,122	-47,908
Net Long-Term Debt Issued (Repaid)	705,163	-153,573	11,626	-32,867	-47,908
Repurchase of Common Stock	-180.98	-	-	-	-
Net Common Stock Issued (Repurchased)	-180.98	-	-	-	-
Common Dividends Paid	-155,512	-614,255	-514.74	-129,488	-
Other Financing Activities	-15,363	-10,976	-11,274	-7,034	-4,736
Financing Cash Flow	534,107	-778,804	-163.06	-169,390	-52,644
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-165,425	-1,878,240	-2,712,510	-2,185,070	-710,649
Net Cash Flow	751,935	-199,123	-2,723,870	991,439	-533,550
Free Cash Flow	383,253	2,469,990	-407,647	3,345,930	229,958
Free Cash Flow Growth	-84.48%	-	-	1355.02%	-32.58%
FCF Margin	9.42%	40.86%	-5.00%	99.64%	19.82%
Free Cash Flow Per Share	5993.86	38629.00	-6375.33	5232.81	359.64
Levered Free Cash Flow	-121,056	1,126,410	-3,944,320	1,173,440	-431,015
Unlevered Free Cash Flow	-1,115,710	851,790	-5,623,270	929,860	-521,852

Updated Feb 25, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q