Banco Macro S.A.

Informe acción BASE:BMA

Capitalización de mercado: AR$6.8t

Banco Macro Crecimiento futuro

Future controles de criterios 3/6

Se prevé un crecimiento anual de los beneficios y los ingresos de Banco Macro de 32.5% y 18.8% por año respectivamente. Se prevé que el BPA crezca en un 43.2% al año. Se espera que la rentabilidad financiera sea de 17.8% en 3 años.

Información clave

32.5%

Tasa de crecimiento de los beneficios

43.17%

Tasa de crecimiento del BPA

Crecimiento de los beneficios de Banks11.9%
Tasa de crecimiento de los ingresos18.8%
Rentabilidad financiera futura17.80%
Cobertura de analistas

Good

Última actualización21 May 2026

Actualizaciones recientes sobre el crecimiento futuro

Recent updates

Actualización de narrativa • May 03

BMA: Dividend Instalments And Governance Changes Will Support Measured Fintech Upside

Analysts have trimmed their fair value estimate for Banco Macro to ARS 11,679 from ARS 12,040, citing updated assumptions for revenue growth, profit margins, discount rate, and a higher future P/E multiple. What's in the News Banco Macro plans to pay instalment No. 10 of a cash dividend totaling ARS 41,777,807,598.97, or ARS 65.3400708982 per share, with availability from March 30, 2026 and a record date of March 27, 2026, following prior shareholder and regulator approvals (Key Developments).
Actualización de narrativa • Apr 18

BMA: Future Dividend Stream And Fintech Deal Will Drive Upside

Analysts have kept their ARS fair value estimate for Banco Macro broadly unchanged at about ARS 24,522, with the slight adjustment tied to updated views on discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News Banco Macro plans to pay instalment No. 10 of a cash dividend of ARS 41,777,807,598.97, equal to ARS 65.3400708982 per share, with availability from March 30, 2026, and a record date of March 27, 2026 (company announcement).
Actualización de narrativa • Apr 03

BMA: Fintech Partnership And Large Dividends Will Support Future Upside

Analysts have trimmed their ARS price target for Banco Macro to ARS 24,522.06, reflecting updated assumptions for a lower revenue growth rate, a slightly higher profit margin, and a modestly reduced future P/E multiple. What's in the News Banco Macro plans to pay shareholders instalment No. 10 of a cash dividend totaling ARS 41,777,807,598.97, equal to ARS 65.3400708982 per share, with availability from March 30, 2026 and a record date of March 27, 2026 (company announcement).
Actualización de narrativa • Mar 20

BMA: Cash Dividend Will Support Future Upside In Fintech Expansion

Analysts have maintained their ARS 12,040 price target on Banco Macro, citing updated assumptions that include a slightly different discount rate, revenue growth, profit margin, and future P/E inputs that still support the existing valuation framework. What's in the News Banco Macro is scheduled to hold a Board meeting on April 8, 2026, at 14:00 Coordinated Universal Time.
Actualización de narrativa • Mar 06

BMA: Large Cash Dividend And Fintech Partnership Will Support Future Upside

Analysts have adjusted their view on Banco Macro with a refreshed ARS 12,040 price target, reflecting updated assumptions for discount rate, revenue growth, profit margin and future P/E that together indicate a more conservative earnings and valuation profile than previously modeled. What's in the News Banco Macro has a Board Meeting scheduled for December 17, 2025, with an agenda that includes considering payment of instalment No. 7 of the cash dividend to shareholders (Key Developments).
Actualización de narrativa • Feb 19

BMA: Fintech Alliance And Capital Strength Will Support Future Upside

Analysts have adjusted their price target on Banco Macro to ARS 24,522.06. The change is mainly linked to updated assumptions around the discount rate, revenue growth, profit margins, and a revised future P/E of 17.09x.
Actualización de narrativa • Feb 05

BMA: High Capital Strength And Fintech Partnership Will Support Future Upside

The analyst price target for Banco Macro has increased from US$18,960.00 to US$24,522.06. Analysts cite the bank's high capital ratios, relatively stable net interest margins, lower asset quality risks, and a more balanced sector view following recent share rallies as key reasons for the revision.
Actualización de narrativa • Jan 22

BMA: High Capital Strength And Post Election Credit Cycle Will Drive Upside

Analysts have lifted their fair value estimate for Banco Macro from ARS 16,877.89 to ARS 17,999.02 as they factor in updated growth and margin assumptions, along with recent upgrades and higher price targets from major global banks. Analyst Commentary Recent research updates on Banco Macro point to a more constructive stance following Argentina's election outcome, with several large institutions revisiting their views on risk, growth potential and capital strength.
Actualización de narrativa • Jan 07

BMA: Elevated Dividend Payouts Will Expose Fragility Of Post Election Credit Outlook

Analysts have lifted their fair value estimate for Banco Macro to $12,040 from $8,144, citing higher assumed revenue growth and profit margins, a slightly lower discount rate, and recent Street upgrades that emphasize the bank's capital strength, relatively stable net interest margin, and an improved credit growth backdrop following Argentina's election outcome. Analyst Commentary Recent Street research has turned more constructive on Banco Macro, with several large firms flagging the bank's capital strength, relatively stable net interest margin and exposure to an improved credit growth backdrop following Argentina's election outcome.
Actualización de narrativa • Dec 14

BMA: Higher Capital Strength Will Support Post Election Credit Upside

Analysts have raised their price target on Banco Macro to $111 from ARS 18,000, reflecting higher expected revenue growth, expanding profit margins and the bank's strong capital position relative to other Argentine peers. Analyst Commentary Recent Street research reflects a generally constructive stance on Banco Macro, with several upgrades and positive initiations following Argentina's improved macroeconomic outlook and post election policy visibility.
Actualización de narrativa • Nov 29

BMA: Higher Capital Ratios And Political Tailwinds Will Support Sustained Upside

Analysts have raised their price target for Banco Macro from ARS 7,700 to ARS 18,000. They cite improved capital strength, lower asset risk, and a supportive outlook following positive economic and political developments in Argentina.
Actualización de narrativa • Nov 15

BMA: Sector-Leading Capital Strength Will Drive Resilience After Argentina’s Election

Analysts have raised their price target for Banco Macro significantly, increasing the fair value estimate from ARS 12,062 to ARS 16,878. They cite stronger capital ratios, a more favorable macroeconomic outlook in Argentina, and improving growth prospects for domestic banks.
Actualización de narrativa • Nov 01

BMA: Defensive Stance Will Limit Upside Amid Post-Election Banking Uncertainty

Banco Macro's analyst price target has been revised downward from ARS 12,418.80 to ARS 12,061.97. Analysts cite a shift to a more defensive sector stance and evolving macroeconomic conditions, despite stronger revenue growth and profitability expectations.
Actualización de narrativa • Oct 17

Digital Transformation Will Expand Retail Banking In Argentina

Banco Macro’s analyst price target was reduced significantly from ARS 14,000 to ARS 7,700 as analysts cite mounting macroeconomic uncertainties and potential pressures on bank fundamentals following a weaker than expected electoral outcome. Analyst Commentary Analysts evaluating Banco Macro have revised their outlook, reflecting both optimism and caution in light of recent macroeconomic headwinds and market developments.
Actualización de narrativa • Oct 03

Digital Transformation Will Expand Retail Banking In Argentina

Banco Macro's analyst price target has been revised downward significantly from ARS 14,852.80 to ARS 12,418.80. Analysts cite rising discount rates, moderating profit margins, and increased macroeconomic uncertainty impacting the bank's outlook.
Actualización de narrativa • Aug 27

Bank To Leverage Strong Capital Position For 2025 Initiatives

Despite a substantial increase in projected revenue growth and a lower future P/E, the consensus analyst price target for Banco Macro has been modestly reduced from ARS15,571 to ARS15,210. What's in the News Banco Macro S.A. scheduled a Board Meeting.
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Nueva narrativa • Dec 06

Rising Loan Demand And Strong Capital Propel Bank Toward Enhanced Profitability

Rising loan demand and robust capital position to drive earnings and boost return on equity with minimal additional capital needs.

Previsiones de crecimiento de beneficios e ingresos

BASE:BMA - Estimaciones futuras de los analistas y datos financieros pasados (ARS Millions)
FechaIngresosBeneficiosFlujo de caja libreFlujo de caja operativoNúm. de analistas medio
12/31/20288,630,1221,372,710N/AN/A5
12/31/20276,262,310972,799N/AN/A9
12/31/20265,325,074588,862N/AN/A9
12/31/20254,063,621289,495-2,227,420-2,055,475N/A
9/30/20252,663,023228,517-2,751,764-2,621,829N/A
6/30/20252,976,323381,345-932,655-803,646N/A
3/31/20252,752,375-87,589-408,566-278,174N/A
12/31/20246,028,829428,1941,044,5951,208,395N/A
9/30/20247,737,2181,281,0442,039,2362,205,725N/A
6/30/20247,745,8861,184,4401,629,8391,779,348N/A
3/31/20248,100,0921,681,7941,719,7021,854,175N/A
12/31/20238,146,7101,667,3263,410,6793,574,174N/A
9/30/20233,988,217346,0602,556,0802,654,703N/A
6/30/20233,176,961344,0551,637,0681,742,630N/A
3/31/20232,158,658163,7022,034,0272,126,889N/A
12/31/20221,549,284134,0251,074,5091,150,263N/A
9/30/2022759,71362,291646,221698,563N/A
6/30/2022548,93254,629389,516412,290N/A
3/31/2022467,25655,797370,777385,328N/A
12/31/2021372,50244,554363,821377,247N/A
9/30/2021301,49935,305392,321403,961N/A
6/30/2021267,86829,215247,277255,837N/A
3/31/2021221,13530,105144,789151,203N/A
12/31/2020398,66776,900-43,717-32,908N/A
9/30/2020179,03838,677-81,853-76,366N/A
6/30/2020153,94540,419-14,061-8,421N/A
3/31/2020127,10332,99392,76198,607N/A
12/31/2019103,58926,476154,400160,036N/A
9/30/201977,92722,069N/A128,996N/A
6/30/201969,97216,785N/A87,902N/A
3/31/201960,31916,326N/A29,989N/A
12/31/201850,01215,729N/A-24,571N/A
9/30/201865,1569,462N/A-18,125N/A
6/30/201861,9928,368N/A-9,652N/A
3/31/201838,00111,602N/A-22,307N/A
12/31/201755,9375,939N/A-23,552N/A
9/30/201730,0508,658N/A-41,343N/A
6/30/201726,0557,557N/A-17,220N/A
3/31/201723,1797,138N/A-23,353N/A
12/31/201620,1686,541N/A12,630N/A
9/30/201619,4466,812N/A23,742N/A
6/30/201618,0936,284N/A15,373N/A
3/31/201615,9595,303N/A19,852N/A
12/31/201515,1745,010N/A4,554N/A
9/30/201513,0623,618N/A1,425N/A
6/30/201512,1823,499N/A2,469N/A

Previsiones de crecimiento futuro de los analistas

Ingresos vs. Tasa de ahorro: El pronóstico de crecimiento de los beneficios (32.5% al año) de BMA es superior a la tasa de ahorro (8.9%).

Beneficios vs. Mercado: Se prevé que los beneficios (32.5% al año) de BMA crezcan menos que el mercado AR (34.3% al año).

Beneficios de alto crecimiento: Se espera que los beneficios de BMA crezcan significativamente en los próximos 3 años.

Ingresos vs. Mercado: Se prevé que los ingresos (18.8% al año) de BMA crezcan más rápidamente que los del mercado AR (12.3% al año).

Ingresos de alto crecimiento: Se prevé que los ingresos 18.8% al año) de BMA crezcan más despacio que 20% al año.

Previsiones de crecimiento de los beneficios por acción

Rentabilidad financiera futura

ROE futura: Se prevé que la rentabilidad financiera de BMA sea baja dentro de 3 años (17.8%).

Descubre empresas en crecimiento

7D

1Y

7D

1Y

7D

1Y

Análisis de la empresa y estado de los datos financieros

DatosÚltima actualización (huso horario UTC)
Análisis de la empresa2026/05/21 23:38
Precio de las acciones al final del día2026/05/21 00:00
Beneficios2025/12/31
Ingresos anuales2025/12/31

Fuentes de datos

Los datos utilizados en nuestro análisis de empresas proceden de S&P Global Market Intelligence LLC. Los siguientes datos se utilizan en nuestro modelo de análisis para generar este informe. Los datos están normalizados, lo que puede introducir un retraso desde que la fuente está disponible.

PaqueteDatosMarco temporalEjemplo Fuente EE.UU. *
Finanzas de la empresa10 años
  • Cuenta de resultados
  • Estado de tesorería
  • Balance
Estimaciones del consenso de analistas+3 años
  • Previsiones financieras
  • Objetivos de precios de los analistas
Precios de mercado30 años
  • Precios de las acciones
  • Dividendos, escisiones y acciones
Propiedad10 años
  • Accionistas principales
  • Información privilegiada
Gestión10 años
  • Equipo directivo
  • Consejo de Administración
Principales avances10 años
  • Anuncios de empresas

* Ejemplo para valores de EE.UU., para no EE.UU. se utilizan formularios y fuentes normativas equivalentes.

A menos que se especifique lo contrario, todos los datos financieros se basan en un periodo anual, pero se actualizan trimestralmente. Esto se conoce como datos de los últimos doce meses (TTM) o de los últimos doce meses (LTM). Más información.

Modelo de análisis y copo de nieve

Los detalles del modelo de análisis utilizado para generar este informe están disponibles en nuestra página de Github, también tenemos guías sobre cómo utilizar nuestros informes y tutoriales en Youtube.

Conozca al equipo de talla mundial que diseñó y construyó el modelo de análisis Simply Wall St.

Métricas industriales y sectoriales

Simply Wall St calcula cada 6 horas nuestras métricas sectoriales y de sección. Los detalles de nuestro proceso están disponibles en Github.

Fuentes analistas

Banco Macro S.A. está cubierta por 14 analistas. 9 de esos analistas presentaron las estimaciones de ingresos o ganancias utilizadas como datos para nuestro informe. Las estimaciones de los analistas se actualizan a lo largo del día.

AnalistaInstitución
Ernesto Gabilondo MárquezBofA Global Research
Rafael Berger FradeBradesco S.A. Corretora de Títulos e Valores Mobiliários
Alonso AramburúBTG Pactual