Banco Macro S.A. (BMA)

NYSE: BMA · Real-Time Price · USD
81.80
+0.95 (1.18%)
At close: Nov 20, 2024, 4:00 PM
83.48
+1.68 (2.05%)
Pre-market: Nov 21, 2024, 5:47 AM EST
1.18%
Market Cap 5.73B
Revenue (ttm) 3.81B
Net Income (ttm) 516.77M
Shares Out 639.41M
EPS (ttm) 0.81
PE Ratio 11.09
Forward PE 8.55
Dividend $21.58 (26.38%)
Ex-Dividend Date Aug 16, 2024
Volume 353,045
Open 81.20
Previous Close 80.85
Day's Range 78.73 - 81.88
52-Week Range 22.13 - 86.12
Beta 1.50
Analysts Hold
Price Target 70.00 (-14.43%)
Earnings Date Dec 3, 2024

About BMA

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, overdraft... [Read more]

Sector Financials
IPO Date Mar 24, 2006
Employees 7,796
Stock Exchange NYSE
Ticker Symbol BMA
Full Company Profile

Financial Performance

In 2023, Banco Macro's revenue was 2.84 trillion, an increase of 83.58% compared to the previous year's 1.55 trillion. Earnings were 587.30 billion, an increase of 338.20%.

Financial numbers in ARS Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for BMA stock is "Hold." The 12-month stock price forecast is $70.0, which is a decrease of -14.43% from the latest price.

Price Target
$70.0
(-14.43% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Banco Macro: Improved Economic Conditions Support Further Upside

Banco Macro is well-positioned to benefit from Argentina's improving economic conditions and reforms under Javier Milei, showing significant upside potential for long-term investors. The bank's recent...

4 days ago - Seeking Alpha

Banco Macro S.A. (BMA) Q2 2024 Earnings Call Transcript

Banco Macro S.A. (NYSE:BMA) Q2 2024 Earnings Conference Call August 23, 2024 12:00 PM ET Company Participants Nicolás Torres - Investor Relations Jorge Scarinci - Chief Financial Officer Conference C...

3 months ago - Seeking Alpha

Banco Macro Announces Results for the Second Quarter of 2024

BUENOS AIRES, Argentina , Aug. 22, 2024 /PRNewswire/ -- Banco Macro S.A. (NYSE: BMA; BYMA: BMA) ("Banco Macro" or "BMA" or the "Bank") announced today its results for the second quarter ended June 30,...

3 months ago - PRNewsWire

Banco Macro S.A. (BMA) Q1 2024 Earnings Call Transcript

Banco Macro S.A. (NYSE:BMA) Q1 2024 Earnings Call Transcript May 24, 2024 12:00 PM ET Company Participants Nicolas Torres - IR Jorge Scarinci - CFO Gustavo Manriquez - CEO Conference Call Participant...

6 months ago - Seeking Alpha

Banco Macro Announces Results for the First Quarter of 2024

BUENOS AIRES, Argentina , May 22, 2024 /PRNewswire/ -- Banco Macro S.A. (NYSE: BMA; BYMA: BMA) ("Banco Macro" or "BMA" or the "Bank") announced today its results for the first quarter ended March 31, ...

6 months ago - PRNewsWire

Banco Macro S.A. Informs the Market of the Filing of its Annual Report on form 20-F for the Fiscal Year Ended December 31, 2023

BUENOS AIRES, Argentina , April 29, 2024 /PRNewswire/ -- Banco Macro S.A. (NYSE: "BMA"; ByMA: "BMA") ("Banco Macro") announces today the filing of  its annual report on Form 20-F and its annual audite...

7 months ago - PRNewsWire

Banco Macro SA (BMA) Q4 2023 Earnings Call Transcript

Banco Macro SA (BMA) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

Banco Macro Announces Results for the Fourth Quarter of 2023

BUENOS AIRES, Argentina , Feb. 28, 2024 /PRNewswire/ -- Banco Macro S.A. (NYSE: BMA; BYMA: BMA) ("Banco Macro" or "BMA" or the "Bank") announced today its results for the fourth quarter ended December...

9 months ago - PRNewsWire

79 Monthly-Paying Dividend Stocks And 80 Funds For December

Imagine stocks or funds that pay out their dividends once a month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst awaiting money is reduced by 300% or more! These Decemb...

1 year ago - Seeking Alpha

Banco Macro S.A. (BMA) Q3 2023 Earnings Call Transcript

Banco Macro S.A. (NYSE:BMA) Q3 2023 Earnings Conference Call November 27, 2023 11:00 AM ET Company Participants Nicolas Torres - Investor Relations Jorge Francisco Scarinci - Chief Financial Officer ...

1 year ago - Seeking Alpha

Banco Macro Announces Results for the Third Quarter of 2023

BUENOS AIRES, Argentina , Nov. 22, 2023 /PRNewswire/ -- Banco Macro S.A. (NYSE: BMA; BYMA: BMA) ("Banco Macro" or "BMA" or the "Bank") announced today its results for the third quarter ended September...

1 year ago - PRNewsWire

82 Monthly Paying Dividend Stocks And 80 Funds For October

Imagine stocks or funds that pay out their dividends once a month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300%, or more! These Oc...

1 year ago - Seeking Alpha

66 Ben Graham October Value Stocks: 56 Outrageous Buys

“Value ranking, looks at the price of a stock relative to. intrinsic firm value. Graham Value Stocks match the criteria . Benjamin Graham followed. “—YCharts Value Screener. 66 August Value large caps...

1 year ago - Seeking Alpha

Banco Macro: Lagging Its Peers

Banco Macro is one of the primary traditional banks in Argentina, with the largest branch network in the country. The bank has a robust balance sheet and an excellent risk profile. The company is over...

1 year ago - Seeking Alpha

Banco Macro S.A. (BMA) Q2 2023 Earnings Call Transcript

Banco Macro S.A. (NYSE:BMA) Q2 2023 Earnings Conference Call August 25, 2023 11:00 AM ET Company Participants Nicolas Torres - IR Jorge Scarinci - CFO Conference Call Participants Brian Flores - Citi...

1 year ago - Seeking Alpha

Banco Macro S.A. announces that it has entered into a purchase agreement to acquire Banco Itaú Argentina S.A.

BUENOS AIRES, Argentina , Aug. 24, 2023 /PRNewswire/ -- Banco Macro S.A. (NYSE: "BMA"; ByMA: "BMA") ("Banco Macro" or the "Purchaser") announces that yesterday it has entered into a stock purchase agr...

1 year ago - PRNewsWire

Banco Macro Announces Results for the Second Quarter of 2023

BUENOS AIRES, Argentina , Aug. 23, 2023 /PRNewswire/ -- Banco Macro S.A. (NYSE: BMA; BYMA: BMA) ("Banco Macro" or "BMA" or the "Bank") announced today its results for the second quarter ended June 30,...

1 year ago - PRNewsWire

Banco Macro S.A. (BMA) Q1 2023 Earnings Call Transcript

Banco Macro S.A. (NYSE:BMA) Q1 2023 Earnings Conference Call May 18, 2023 11:00 AM ET Company Participants Nicolas Torres - Investor Relations Gustavo Manriquez - Chief Executive Officer Jorge Scarin...

1 year ago - Seeking Alpha

Banco Macro S.A. Informs the Market of the Filing of its Annual Report on form 20-F for the Fiscal Year Ended December 31, 2022

BUENOS AIRES, Argentina , April 28, 2023 /PRNewswire/ --  Banco Macro S.A. (NYSE: "BMA"; ByMA: "BMA") ("Banco Macro") announces today the filing of  its annual report on Form 20-F and its annual audit...

1 year ago - PRNewsWire

Argentina's Economic Collapse Will Likely Take Banco Macro With It

Argentina's Economic Collapse Will Likely Take Banco Macro With It.

1 year ago - Seeking Alpha

Jorge Brito takes office as Chairman of Banco Macro

BUENOS AIRES, Argentina , March 16, 2023 /PRNewswire/ -- Banco Macro S.A. (NYSE: BMA; BYMA: BMA) Banco Macro ("BMA" or the "Bank") informs that on the date hereof Jorge Brito took office as Chairman o...

1 year ago - PRNewsWire

Banco Macro S.A. (BMA) Q4 2022 Earnings Call Transcript

Banco Macro S.A. (NYSE:BMA) Q4 2022 Earnings Conference Call February 24, 2023 11:00 AM ET Company Representatives Gustavo Manriquez - Chief Executive Officer Jorge Scarinci - Chief Financial Officer...

1 year ago - Seeking Alpha

Banco Macro Announces Results for the Fourth Quarter of 2022

BUENOS AIRES, Argentina , Feb. 23, 2023 /PRNewswire/ -- Banco Macro S.A. (NYSE: BMA; BYMA: BMA) ("Banco Macro" or "BMA" or the "Bank") announced today its results for the fourth quarter ended December...

1 year ago - PRNewsWire

Banco Macro S.A. (BMA) Q3 2022 Earnings Call Transcript

Banco Macro S.A. (NYSE:BMA) Q3 2022 Earnings Conference Call November 28, 2022 11:00 AM ET Company Participants Nicolas Torres - Investor Relations Jorge Scarinci - Chief Financial Officer Conference...

2 years ago - Seeking Alpha

Banco Macro Announces Results for the Third Quarter of 2022

BUENOS AIRES , Nov. 23, 2022 /PRNewswire/ -- Banco Macro S.A. (NYSE: BMA; BYMA: BMA) ("Banco Macro" or "BMA" or the "Bank") announced today its results for the third quarter ended September 30, 2022 (...

2 years ago - PRNewsWire