Banco Macro S.A Revenue Y/Y

What is the Revenue Y/Y of Banco Macro S.A?

The Revenue Y/Y of Banco Macro S.A. is 98.32%

What is the definition of Revenue Y/Y?

Yearly revenue growth is the percentage growth of the company’s revenue over trailing twelve months.

= (revenue past four quarters - revenue previous four quarters) / revenue previous four quarters

The yearly revenue growth rate is calculated as the percentage change in revenue over the trailing twelve months. For this specific metric, the calculation takes into account a series of the last eight quarterly revenues. The revenue growth is useful for determining the success of the company expanding its main business. Revenue growth of 5% to 10% is usually considered good for large-cap companies. For other companies, a sales growth of over 10% is more desirable.

Revenue Y/Y of companies in the Finance sector on NYSE compared to Banco Macro S.A

What does Banco Macro S.A do?

Banco Macro is the second largest domestically-owned private bank in Argentina, and the sixth-largest by deposits and lending.

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