Banco Macro S.A.

BASE:BMA.5 Stock Report

Market Cap: AR$7.5t

Banco Macro Past Earnings Performance

Past criteria checks 6/6

Banco Macro has been growing earnings at an average annual rate of 66.2%, while the Banks industry saw earnings growing at 66.2% annually. Revenues have been growing at an average rate of 59.9% per year. Banco Macro's return on equity is 136.6%, and it has net margins of 20.2%.

Key information

66.2%

Earnings growth rate

66.2%

EPS growth rate

Banks Industry Growth38.3%
Revenue growth rate59.9%
Return on equity136.6%
Net Margin20.2%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Banco Macro makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BASE:BMA.5 Revenue, expenses and earnings (ARS Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 242,723,960551,153428,8910
30 Jun 242,818,731544,409443,8920
31 Mar 243,993,420868,960528,0300
31 Dec 232,844,147587,304452,4510
30 Sep 231,391,459108,325385,8960
30 Jun 231,496,760127,052393,8570
31 Mar 232,158,658163,702502,4340
31 Dec 221,549,284134,025371,7900
30 Sep 22759,71362,291181,1490
30 Jun 22548,93254,629140,4720
31 Mar 22467,25655,797121,4220
31 Dec 21372,50244,554105,1640
30 Sep 21301,49935,30586,5170
30 Jun 21267,86829,21578,8570
31 Mar 21221,13530,10570,4450
31 Dec 20398,66776,900108,7990
30 Sep 20179,03838,67757,0950
30 Jun 20153,94540,41952,8180
31 Mar 20127,10332,99349,3270
31 Dec 19103,58926,47645,9860
30 Sep 1977,92722,06935,8150
30 Jun 1969,97216,78529,5250
31 Mar 1960,31916,32621,3160
31 Dec 1850,01215,72916,0610
30 Sep 1865,1569,46220,5190
30 Jun 1861,9928,36819,2240
31 Mar 1838,00111,60212,2630
31 Dec 1755,9375,93917,6630
30 Sep 1730,0508,65811,0790
30 Jun 1726,0557,5579,6430
31 Mar 1723,1797,1388,7800
31 Dec 1620,1686,5417,8450
30 Sep 1619,4466,8126,6360
30 Jun 1618,0936,2846,6220
31 Mar 1615,9595,3036,0610
31 Dec 1515,1745,0105,6590
30 Sep 1513,0623,6185,4120
30 Jun 1512,1823,4994,9970
31 Mar 1511,5653,4074,5380
31 Dec 1411,1133,4804,3540
30 Sep 1410,8513,8583,9560
30 Jun 149,9853,4443,6760
31 Mar 149,3013,1723,4550
31 Dec 137,8272,4443,1900

Quality Earnings: BMA.5 has high quality earnings.

Growing Profit Margin: BMA.5's current net profit margins (20.2%) are higher than last year (7.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: BMA.5's earnings have grown significantly by 66.2% per year over the past 5 years.

Accelerating Growth: BMA.5's earnings growth over the past year (408.8%) exceeds its 5-year average (66.2% per year).

Earnings vs Industry: BMA.5 earnings growth over the past year (408.8%) exceeded the Banks industry 32.6%.

Return on Equity

High ROE: BMA.5's Return on Equity (136.6%) is considered outstanding.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 22:17
End of Day Share Price 2024/11/26 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Banco Macro S.A. is covered by 22 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Guido BizzozeroAllaria Ledesma & Cia Sociedad de Bolsa S.A.
Ernesto Gabilondo MárquezBofA Global Research
Rafael Berger FradeBradesco S.A. Corretora de Títulos e Valores Mobiliários