Macro Bank Announces Proposed AR$147 Billion Dividend, Pending Central Bank Approval
summarizeSummary
Macro Bank's shareholders approved a proposed AR$147 billion dividend, or AR$217.33 per share, subject to central bank authorization, indicating robust financial health.
check_boxKey Events
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Proposed Dividend Approved
Shareholders resolved to distribute AR$ 147,101,261,954 (as of Feb 28, 2026), or AR$ 217.33 per share, from the Optional Reserve Fund for Future Profit Distributions.
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Central Bank Authorization Required
The dividend payment is subject to prior approval from the Banco Central de la República Argentina (BCRA).
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Payment Structure
If approved, the dividend will be paid in three equal monthly installments starting from the third business day of May.
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Tax Withholding
The distributed amount is subject to a 7% tax withholding under section 97 of the Income Tax Law.
auto_awesomeAnalysis
Macro Bank Inc. has announced a significant proposed dividend distribution, signaling strong financial performance and a commitment to shareholder returns. The dividend, totaling AR$ 147.1 billion (as of February 28, 2026) or AR$ 217.33 per share, is substantial. However, its payment is contingent on approval from the Banco Central de la República Argentina, introducing a degree of uncertainty. Investors should monitor the BCRA's decision and the subsequent payment schedule, which is planned for three monthly installments starting in May.
At the time of this filing, BMA was trading at $80.39 on NYSE in the Finance sector, with a market capitalization of approximately $5.1B. The 52-week trading range was $38.30 to $106.15. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.