Banco Macro S.A.

NYSE:BMA Stock Report

Market Cap: US$4.2b

Banco Macro Past Earnings Performance

Past criteria checks 0/6

Banco Macro has been growing earnings at an average annual rate of 56.8%, while the Banks industry saw earnings growing at 5.1% annually. Revenues have been growing at an average rate of 59.2% per year.

Key information

56.83%

Earnings growth rate

56.83%

EPS growth rate

Banks Industry Growth11.18%
Revenue growth rate59.24%
Return on equity-1.40%
Net Margin-2.25%
Last Earnings Update31 Mar 2025

Recent past performance updates

Recent updates

Banco Macro: A Logical Pause After The Enthusiasm

Jun 30

Banco Macro: Strong Fundamentals But Wait For A Pullback

Jan 28

Banco Macro: Improved Economic Conditions Support Further Upside

Nov 16

Banco Macro: Strong Fundamentals Are Overshadowed By Macro Risks

Jun 24

Banco Macro: Far Too Risky Right Now

Sep 12

Banco Macro: Lagging Its Peers

Sep 02

Banco Macro reports Q4 results

Feb 24

Banco Macro declares $0.0786 dividend

Dec 20

Banco Macro reports Q2 results

Aug 25

Banco Macro Is 89% Cheaper Than 2017: Stock Is An Option With No Time Decay

Mar 18

Banco Macro Trades Below Historic Earnings

Jan 05

Revenue & Expenses Breakdown

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

Earnings and Revenue History

NYSE:BMA Revenue, expenses and earnings (ARS Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 252,856,117-64,2381,027,4470
31 Dec 244,581,530324,1431,079,7380
30 Sep 247,231,0471,311,7481,215,9680
30 Jun 247,503,3351,244,0021,168,5130
31 Mar 247,948,1931,655,7461,138,5060
31 Dec 236,193,5171,267,415985,2730
30 Sep 233,988,217346,060825,9460
30 Jun 233,176,961344,055683,8850
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

Quality Earnings: BMA is currently unprofitable.

Growing Profit Margin: BMA is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: BMA is unprofitable, but has reduced losses over the past 5 years at a rate of 56.8% per year.

Accelerating Growth: Unable to compare BMA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BMA is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (6.2%).

Return on Equity

High ROE: BMA has a negative Return on Equity (-1.4%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/21 04:20
End of Day Share Price 2025/07/21 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Banco Macro S.A. is covered by 19 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