Macro Bank (BMA) Stock Price, News & Analysis

Company Overview

Banco Macro S.A., known on the New York Stock Exchange under the ticker BMA, is one of Argentina’s largest private banking institutions. The bank offers a full range of financial services, including deposit accounts, personal and commercial lending, credit and debit cards, and digital banking platforms. It further provides treasury and capital markets solutions, leasing, mutual funds, and insurance products, serving both individual and corporate clients.

Founded in 1976 by Jorge Brito, Banco Macro has expanded from a regional lender in northern Argentina to a nationwide institution. Over the years, it has grown its branch network to cover all 23 provinces and the Autonomous City of Buenos Aires, establishing a presence in both urban centers and rural communities. This broad footprint enables the bank to address the diverse needs of retail customers, small and medium-sized enterprises, and larger corporate clients.

Banco Macro’s operations are supported by a centralized processing center that helps streamline risk management and customer service. The bank places a strong emphasis on digital transformation, offering a robust online banking portal and mobile app to enhance accessibility and convenience. Through its subsidiaries, Macro also delivers insurance solutions and asset management services, positioning itself as a comprehensive financial partner.

After the passing of founder Jorge Brito in 2020, the bank appointed Daniel P. Rudman as President and Chief Executive Officer. Under this leadership team, Banco Macro continues to leverage its extensive local knowledge and branch network, invest in technology, and expand its product offerings to meet the evolving demands of Argentina’s dynamic banking sector.

Key Stats

• Today's Range: $62.49 to $66.75
• 50-Day Range: $65.46 to $96.29
• 52-Week Range: $42.23 to $118.42
• Volume: 661,674 shs
• Average Volume: 322,025 shs
• Market Capitalization: $4.03 billion
• P/E Ratio: 5.53
• Dividend Yield: 5.61%
• Price Target: $62.13
• Consensus Rating: Hold

Macro Bank Stock Analysis - MarketRank™

Macro Bank scored higher than 72% of companies evaluated by MarketBeat, and ranked 437th out of 933 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.1 / 5
• Analyst Rating: Hold

Consensus Rating

Macro Bank has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Macro Bank has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 5.0 / 5
• Proj. Earnings Growth: 33.04%

Earnings Growth

Earnings for Macro Bank are expected to grow by 33.04% in the coming year, from $7.84 to $10.43 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Macro Bank is 5.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.70.

Price to Earnings Ratio vs. Sector

The P/E ratio of Macro Bank is 5.53, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.10.

Price to Earnings Growth Ratio

Macro Bank has a PEG Ratio of 0.26. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Macro Bank has a P/B Ratio of 0.91. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.71% of the float of Macro Bank has been sold short.

Short Interest Ratio / Days to Cover

Macro Bank has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Macro Bank has recently increased by 107.74%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Macro Bank is a leading dividend payer. It pays a dividend yield of 5.40%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Macro Bank does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Macro Bank is 31.03%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Macro Bank will have a dividend payout ratio of 33.94% next year. This indicates that Macro Bank will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.71% of the float of Macro Bank has been sold short.

Short Interest Ratio / Days to Cover

Macro Bank has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Macro Bank has recently increased by 107.74%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.42

News Sentiment

Macro Bank has a news sentiment score of 0.42. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.93 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Macro Bank this week, compared to 3 articles on an average week.

Search Interest

Only 1 people have searched for BMA on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Macro Bank to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Macro Bank insiders have not sold or bought any company stock.

Percentage Held by Insiders

18.34% of the stock of Macro Bank is held by insiders. A high percentage of insider ownership can be a sign of company health.

BMA Stock Analysis - Frequently Asked Questions

How have BMA shares performed this year?

Macro Bank's stock was trading at $96.76 at the start of the year. Since then, BMA stock has decreased by 34.8% and is now trading at $63.12.

How were Macro Bank's earnings last quarter?

Macro Bank Inc. (NYSE:BMA) posted its quarterly earnings results on Wednesday, May, 28th. The bank reported $0.65 earnings per share for the quarter, missing the consensus estimate of $1.76 by $1.11. The bank had revenue of $759.36 million for the quarter, compared to the consensus estimate of $837.49 billion. Macro Bank had a net margin of 1.12% and a trailing twelve-month return on equity of 1.50%.
Read the conference call transcript.

Who are Macro Bank's major shareholders?

Top institutional shareholders of Macro Bank include TT International Asset Management LTD (1.40%), ABS Direct Equity Fund LLC (0.01%) and GAMMA Investing LLC.
View institutional ownership trends.

How do I buy shares of Macro Bank?

Shares of BMA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Macro Bank own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Macro Bank investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Adobe (ADBE), GE Aerospace (GE), Arista Networks (ANET) and e.l.f. Beauty (ELF).

Company Calendar

• Last Earnings: 5/28/2025
• Today: 7/16/2025
• Record date for 7/25 Dividend: 7/18/2025
• Ex-Dividend for 7/25 Dividend: 7/18/2025
• Dividend Payable: 7/25/2025
• Next Earnings (Estimated): 8/20/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: BANKS - FOREIGN
• Sub-Industry: Banking
• Current Symbol: NYSE:BMA
• CIK: 1347426
• Web: www.macro.com.ar
• Phone: 541152226730
• Fax: 54-11-5325-5641
• Employees: 9,004
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Macro Bank: $62.13
• High Price Target: $89.00
• Low Price Target: $12.50
• Potential Upside/Downside: -6.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): $11.41
• Trailing P/E Ratio: 5.80
• Forward P/E Ratio: 8.44
• P/E Growth: 0.26
• Net Income: $358.05 million
• Net Margins: 1.12%
• Pretax Margin: 0.57%
• Return on Equity: 1.50%
• Return on Assets: 0.41%

Debt

• Debt-to-Equity Ratio: 0.11
• Current Ratio: 1.05
• Quick Ratio: 1.05

Sales & Book Value

• Annual Sales: $4.49 billion
• Price / Sales: 0.94
• Cash Flow: $8.04 per share
• Price / Cash Flow: 8.23
• Book Value: $69.73 per share
• Price / Book: 0.95

Miscellaneous

• Outstanding Shares: 63,900,000
• Free Float: 52,181,000
• Market Cap: $4.23 billion
• Optionable: Optionable
• Beta: 1.60