BUENOS AIRES, Argentina (AP) — BUENOS AIRES, Argentina (AP) — Banco Macro SA (BMA) on Thursday reported first-quarter net income of $330.2 million.
The bank, based in Buenos Aires, Argentina, said it had earnings of $5.02 per share.
The financial holding company posted revenue of $2.52 billion in the period. Its revenue net of interest expense was $1.87 billion, topping Street forecasts.
Banco Macro shares have more than doubled since the beginning of the year. The stock has more than tripled in the last 12 months.
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