Why is BANCO MACRO S.A. stock price going up?
Bulls say
Loan Growth
Sustained, high loan growth expands the bank's interest-earning asset base and drives long-term net interest income. Over 2-6 months, this supports revenue resilience and market share gains in Argentina, though credit underwriting must hold to preserve asset quality.
Deposit Growth & Liquidity
Consistent deposit inflows and a 67% liquid-assets-to-deposits ratio underpin funding stability and reduce reliance on wholesale markets. This durable liquidity cushion supports lending growth and buffers short-term shocks, improving balance-sheet flexibility over the medium term.
Strong Capital Position
Very high regulatory capital ratios provide a structural buffer against credit losses and macro volatility, enabling continued lending and dividend policy while meeting supervisory requirements. It materially lowers solvency risk and enhances strategic optionality over months.


