Macro Bank (BMA) Asset Writedowns and Impairment (2017 - 2024)
Macro Bank (BMA) recorded Asset Writedowns and Impairment of $30.61 billion in the quarter ended Sep 30, 2024, up 20.0% from $25.51 billion a year earlier and up 1.1% from the prior quarter.
Macro Bank (BMA) Asset Writedowns and Impairment (2017 - 2024) Analysis & Trends
On a TTM basis, Macro Bank's Asset Writedowns and Impairment came in at $133.79 billion as of Sep 30, 2024, up 77.3% year-over-year; for the year ended Dec 31, 2023, it came in at $40.63 billion, up 408.3% from the prior year.
- Annual Asset Writedowns and Impairment has increased for six straight years, with a five-year compound annual growth rate of 123.0% (years ended Dec 2018 to Dec 2023).
- Across earlier years, Asset Writedowns and Impairment came in at $7.99 billion in the year ended Dec 31, 2022 (+103.1%), $3.94 billion in the year ended Dec 31, 2021 (+9.1%), $3.61 billion in the year ended Dec 31, 2020 (+240.9%) and $1.06 billion in the year ended Dec 31, 2019 (+43.6%).
- Quarterly Asset Writedowns and Impairment has ranged from $1.06 billion in the quarter ended Dec 31, 2019 to $40.63 billion in the quarter ended Dec 31, 2023 over the past five years.
- On a year-over-year basis, Asset Writedowns and Impairment has increased for 24 consecutive quarters, with growth averaging 185.7% over the last eight quarters.
- Over the past five years, the year-over-year growth in Asset Writedowns and Impairment ranged from 9.1% (the quarter ended Dec 31, 2021) to 408.3% (the quarter ended Dec 31, 2023).
- Per Business Quant, the preceding three quarters came in at $30.27 billion (quarter ended Jun 30, 2024), $32.29 billion (quarter ended Mar 31, 2024) and $40.63 billion (quarter ended Dec 31, 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 883.45 Bn | 912.92 Bn | - |
| 2 | Banco Santander Chile | 401.52 Bn | 521.46 Bn | - |
| 3 | Bank Of America | 377.43 Bn | -1,998.64 Bn | - |
| 4 | Hsbc Holdings | 330.31 Bn | 330.37 Bn | - |
| 5 | Morgan Stanley | 299.17 Bn | -209.92 Bn | - |
| 6 | Royal Bank Of Canada | 274.08 Bn | 124.82 Bn | - |
| 7 | Mitsubishi Ufj Financial | 270.70 Bn | -1,317.79 Bn | 10.89 Bn |
| 8 | Goldman Sachs | 263.13 Bn | -3,293.98 Bn | - |
| 9 | Wells Fargo & Company | 243.64 Bn | 245.78 Bn | - |
| 10 | Macro Bank | 41.33 Bn | 5,272.85 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 30.61 Bn |
| Jun 30, 2024 | 30.27 Bn |
| Mar 31, 2024 | 32.29 Bn |
| Dec 31, 2023 | 40.63 Bn |
| Sep 30, 2023 | 25.51 Bn |
| Jun 30, 2023 | 22.96 Bn |
| Mar 31, 2023 | 18.98 Bn |
| Dec 31, 2022 | 7.99 Bn |
| Sep 30, 2022 | 7.83 Bn |
| Jun 30, 2022 | 5.70 Bn |
| Mar 31, 2022 | 4.48 Bn |
| Dec 31, 2021 | 3.94 Bn |
| Sep 30, 2021 | 3.86 Bn |
| Jun 30, 2021 | 2.35 Bn |
| Mar 31, 2021 | 2.00 Bn |
| Dec 31, 2020 | 3.61 Bn |
| Sep 30, 2020 | 1.55 Bn |
| Jun 30, 2020 | 1.42 Bn |
| Mar 31, 2020 | 1.38 Bn |
| Dec 31, 2019 | 1.06 Bn |
Macro Bank Asset Writedowns and Impairment API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-writedowns-and-impairment&ticker=BMA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-writedowns-and-impairment", "ticker": "BMA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-writedowns-and-impairment&ticker=BMA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();