Macro Bank Inc. (BMA) Tax Rate (2009 - 2018)
Macro Bank (BMA) reported Tax Rate of 24.43% for the quarter ended Sep 30, 2024, down 36.08 percentage points from 60.51% a year earlier and down 12.39 percentage points from the prior quarter.
Macro Bank Inc. (BMA) Tax Rate (2009 - 2018) Analysis & Trends
Over the twelve months ended Sep 30, 2024, Macro Bank's Tax Rate came in at 27.26%, down 7.58 percentage points year-over-year; for the year ended Dec 31, 2014, it came in at 35.90%, up 28.24 percentage points from the prior year.
- Tax Rate has a five-year change of +48.18 percentage points (years ended Dec 2009 to Dec 2014).
- By year, Tax Rate came in at 7.66% in the year ended Dec 31, 2013, -8.05% in the year ended Dec 31, 2011 (-2.30 pp) and -5.75% in the year ended Dec 31, 2010 (+6.52 pp).
- The figure for the quarter ended Sep 30, 2024 ranks as the lowest quarterly Tax Rate since the quarter ended Dec 31, 2022.
- Year over year, Tax Rate gained in five of the last eight quarters, with an average year-over-year change of +5.82 percentage points.
- The high point for year-over-year Tax Rate in five years was the quarter ended Sep 30, 2020 (a gain of 52.54 percentage points); the low point was the quarter ended Sep 30, 2021 (a drop of 36.89 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Sep 30, 2024 came in at 36.82% (quarter ended Jun 30, 2024), 24.54% (quarter ended Mar 31, 2024) and 31.42% (quarter ended Dec 31, 2023).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2018 | 30.96% |
| Sep 30, 2018 | 30.96% |
| Jun 30, 2018 | 28.84% |
| Mar 31, 2018 | 31.32% |
| Dec 31, 2017 | 26.40% |
| Sep 30, 2017 | 35.56% |
| Jun 30, 2017 | 34.72% |
| Mar 31, 2017 | 31.06% |
| Mar 31, 2016 | 35.13% |
| Dec 31, 2013 | 17.30% |
| Dec 31, 2012 | 16.58% |
| Dec 31, 2011 | 18.91% |
| Dec 31, 2010 | 14.11% |
| Dec 31, 2009 | 43.61% |
Macro Bank Inc. Tax Rate 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=tax-rate&ticker=BMA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=BMA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();