BMA Stock Overview
Provides various banking products and services to retail and corporate customers in Argentina. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 5/6 |
| Past Performance | 6/6 |
| Financial Health | 5/6 |
| Dividends | 5/6 |
My Notes
Capture your thoughts, links and company narrative
Banco Macro S.A. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AR$97.45 |
| 52 Week High | AR$109.36 |
| 52 Week Low | AR$24.41 |
| Beta | 1.4 |
| 1 Month Change | 15.43% |
| 3 Month Change | 30.23% |
| 1 Year Change | 233.85% |
| 3 Year Change | 580.52% |
| 5 Year Change | 165.39% |
| Change since IPO | 317.34% |
Recent News & Updates
Banco Macro: Improved Economic Conditions Support Further Upside
Nov 16Banco Macro: Strong Fundamentals Are Overshadowed By Macro Risks
Jun 24Recent updates
Banco Macro: Improved Economic Conditions Support Further Upside
Nov 16Banco Macro: Strong Fundamentals Are Overshadowed By Macro Risks
Jun 24Banco Macro: Far Too Risky Right Now
Sep 12Banco Macro: Lagging Its Peers
Sep 02Banco Macro reports Q4 results
Feb 24Banco Macro declares $0.0786 dividend
Dec 20Banco Macro reports Q2 results
Aug 25Banco Macro Is 89% Cheaper Than 2017: Stock Is An Option With No Time Decay
Mar 18Banco Macro Trades Below Historic Earnings
Jan 05Banco Macro reports Q3 results
Nov 30Shareholder Returns
| BMA | US Banks | US Market | |
|---|---|---|---|
| 7D | 7.5% | -6.3% | -4.0% |
| 1Y | 233.8% | 28.2% | 24.0% |
Return vs Industry: BMA exceeded the US Banks industry which returned 31.3% over the past year.
Return vs Market: BMA exceeded the US Market which returned 26.1% over the past year.
Price Volatility
| BMA volatility | |
|---|---|
| BMA Average Weekly Movement | 8.4% |
| Banks Industry Average Movement | 5.3% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: BMA has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: BMA's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1966 | 7,796 | n/a | www.macro.com.ar |
Banco Macro S.A. provides various banking products and services to retail and corporate customers in Argentina. It offers various retail banking products and services, such as savings and checking accounts, time deposits, credit and debit cards, consumer finance loans, mortgage loans, automobile loans, overdrafts, credit-related services, home and car insurance coverage, tax collection, utility payments, automated teller machines, and money transfers. The company also provides personal loans, document discounts, residential mortgages, overdrafts, pledged loans, and credit card loans to retail customers.
Banco Macro S.A. Fundamentals Summary
| BMA fundamental statistics | |
|---|---|
| Market cap | US$7.56b |
| Earnings (TTM) | US$539.18m |
| Revenue (TTM) | US$2.66b |
13.7x
P/E Ratio18.8x
P/B RatioIs BMA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BMA income statement (TTM) | |
|---|---|
| Revenue | AR$2.72t |
| Cost of Revenue | AR$21.92b |
| Gross Profit | AR$2.70t |
| Other Expenses | AR$2.15t |
| Earnings | AR$551.15b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 861.97 |
| Gross Margin | 99.20% |
| Net Profit Margin | 20.23% |
| Debt/Equity Ratio | 8.7% |
How did BMA perform over the long term?
See historical performance and comparisonDividends
5.3%
Current Dividend Yield73%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 04:59 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
| Analyst | Institution |
|---|---|
| Guido Bizzozero | Allaria Ledesma & Cia Sociedad de Bolsa S.A. |
| Ernesto Gabilondo Márquez | BofA Global Research |
| Rafael Berger Frade | Bradesco S.A. Corretora de Títulos e Valores Mobiliários |