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Macro Bank (NYSE: BMA) clears AR$217.33 per share dividend

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Macro Bank Inc. reports that its shareholders approved using part of the Optional Reserve Fund for Future Profit Distributions to pay a dividend. The dividend totals AR$ 147,101,261,954 in constant currency as of 28 February 2026, equal to AR$ 217.33 per share, and may be paid in cash, in kind at market value, or a mix of both, subject to prior authorization from the Banco Central de la República Argentina. The amount comes from distributable profits based on audited financial statements for the fiscal year beginning 1 January 2025 and complies with the maximum limit in BCRA Communiqué “A” 8410. The dividend is subject to a 7% tax withholding and, under BCRA rules, may be distributed in three equal, non-cumulative monthly installments starting on the third business day of May, with each installment calculated in constant currency as of the shareholders’ meeting date.

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Insights

Macro Bank plans a large, regulated dividend funded from reserves.

Macro Bank Inc. plans a dividend of AR$ 147,101,261,954 in constant currency as of 28 February 2026, equal to AR$ 217.33 per share. The funds come from distributable profits recorded in audited financial statements for the fiscal year beginning 1 January 2025.

The bank confirms that this distribution respects the maximum limit in BCRA Communiqué “A” 8410 and does not breach any of its existing commitments. Payment is subject to prior authorization from the Banco Central de la República Argentina and a 7% income tax withholding under section 97 of the 2019 Income Tax Law.

Under BCRA rules, the dividend can be paid in three equal, non-cumulative monthly installments starting on the third business day of May, in cash, in kind at market value, or a combination. Each installment is to be determined in constant currency using the national consumer price index published by INDEC.

Dividend amount (Dec 2025 constant currency) AR$ 138,956,468,470 Portion of Optional Reserve Fund as of 31 December 2025
Dividend amount (Feb 2026 constant currency) AR$ 147,101,261,954 Re-expressed in constant currency as of 28 February 2026
Dividend per share AR$ 217.33 per share Equivalent per-share dividend in constant currency as of 28 February 2026
Dividend tax withholding rate 7% Withholding under section 97 of the Income Tax Law (2019 revision)
Installment schedule 3 monthly equal installments Non-cumulative installments from third business day of May under BCRA Communiqué “A” 8410
Reference CPI National CPI (INDEC) Index used to re-express amounts in constant currency for dividend payments
Optional Reserve Fund for Future Profit Distributions financial
"resolved to separate a portion of the Optional Reserve Fund for Future Profit Distributions, in order to pay a cash or in kind dividend"
constant currency financial
"amount expressed in constant currency as of 31 December 2025), which expressed in constant currency as of 28 February 2026"
Constant currency is a way of measuring financial results that removes the effects of changes in currency exchange rates. It allows for a clearer comparison of a company's performance over time by showing what the numbers would look like if exchange rates had stayed the same. This helps investors understand whether growth comes from actual business improvements or just currency fluctuations.
Communiqué “A” 8410 regulatory
"complies with the maximum limit established by Communiqué “A” 8410 issued by the BCRA"
national consumer price index (CPI) financial
"the applicable rate shall be the national consumer price index (CPI) published by Instituto Nacional de Estadísticas y Censos (INDEC)"
distributable profits financial
"these consist of distributable profits obtained from realized earnings arising from the audited annual financial statements"

 

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

 

 

 

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE

SECURITIES EXCHANGE ACT OF 1934

 

April 8, 2026

 

 

 

Commission File Number: 001-32827

 

 

 

MACRO BANK INC.

(Translation of registrant’s name into English)

 

 

 

Av. Eduardo Madero 1182

Buenos Aires C1106ACY

Tel: 54 11 5222 6500

(Address of registrant’s principal executive offices)

 

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F x Form 40-F o

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

 

Yes o No x

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

 

Yes o No x

 

 

 

 

 

INDEX

 

Translation of a submission from Banco Macro to the CNV dated on April 8, 2026.

 

 

 

 

Autonomous City of Buenos Aires, April 8th 2026

 

To

CNV/BYMA/MAE

 

Please be advised that the Shareholders’ Meeting held on the date hereof resolved to separate a portion of the Optional Reserve Fund for Future Profit Distributions, in order to pay a cash or in kind dividend, in the latter case valued at market price, or in any combination of both options, in the amount of AR$ 138,956,468,470 (amount expressed in constant currency as of 31 December 2025), which expressed in constant currency as of 28 February 2026 amounts to AR$ 147,101,261,954 and represents AR$ 217.33 per share, subject to prior authorization from the Banco Central de la República Argentina (BCRA). The above stated amount is subject to a 7% tax withholding under section 97 of the Income Tax Law as revised in 2019.

 

It is hereby stated that these consist of distributable profits obtained from realized earnings arising from the audited annual financial statements for the fiscal year beginning January 1st, 2025; that the amount approved for distribution complies with the maximum limit established by Communiqué “A” 8410 issued by the BCRA; and that the proposed dividend payment does not breach any commitments undertaken by the Bank.

 

Pursuant to the provisions of Communique “A” 8410, financial entities shall be able to distribute profits in 3 monthly equal and non-cumulative installments as from the third business day of May and of each month in which the payment is made. The amount of each dividend instalment shall be paid in constant currency as of the date of the shareholders' meeting.

 

Please be advised that for all references contained herein as to re-expressing any amounts in constant currency, the applicable rate shall be the national consumer price index (CPI) published by Instituto Nacional de Estadísticas y Censos (INDEC).

 

Accordingly, pursuant to the provisions of Communique “A” 7984 mentioned above, Banco Macro S.A. shall request the BCRA authorization for the distribution of the dividends approved by the Shareholders’ Meeting first above mentioned.

 

Sincerely,

 

Jorge F. Scarinci

Head of Market Relations

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereto duly authorized.

 

Date: April 8, 2026

 

  MACRO BANK INC.
     
  By: /s/ Jorge F. Scarinci
  Name: Jorge F. Scarinci
  Title: Chief Financial Officer

 

 

FAQ

What dividend did Macro Bank (BMA) shareholders approve?

Macro Bank shareholders approved a dividend of AR$ 147,101,261,954 in constant currency as of 28 February 2026. This amount equals AR$ 217.33 per share and will be funded from the Optional Reserve Fund for Future Profit Distributions based on audited distributable profits.

How will Macro Bank (BMA) pay the approved dividend to shareholders?

Macro Bank may pay the dividend in cash, in kind valued at market price, or any combination of both. Under BCRA rules, it can distribute the amount in three equal, non-cumulative monthly installments, starting on the third business day of May, in constant currency.

What regulatory approvals are required for Macro Bank (BMA) to distribute the dividend?

The dividend distribution is subject to prior authorization from the Banco Central de la República Argentina. Macro Bank states the approved amount complies with the maximum limit established by BCRA Communiqué “A” 8410 and does not breach any commitments undertaken by the bank.

How is tax applied to the Macro Bank (BMA) dividend?

The dividend amount is subject to a 7% tax withholding under section 97 of the Income Tax Law, as revised in 2019. This withholding applies to the distribution approved by the shareholders and reduces the net amount received by shareholders.

What does constant currency mean in Macro Bank (BMA)’s dividend calculation?

Macro Bank expresses the dividend in constant currency, first as of 31 December 2025 and then as of 28 February 2026. It uses the national consumer price index published by INDEC to re-express amounts, maintaining purchasing power in an inflationary environment.

From which profits is Macro Bank (BMA) funding the dividend?

The dividend consists of distributable profits obtained from realized earnings in audited annual financial statements. These statements cover the fiscal year beginning 1 January 2025, and the bank confirms that the approved distribution complies with BCRA limits and its contractual commitments.