Macro Bank (BMA) Stock Price, News & Analysis

Company Overview

Macro Bank (NYSE: BMA) is the American depositary receipt program of Banco Macro S.A., one of the largest privately owned banks in Argentina. Headquartered in Buenos Aires, the institution delivers a comprehensive suite of banking solutions to retail, corporate and agricultural customers across the country. Through its extensive branch network and digital platforms, Macro Bank aims to serve diverse client segments with tailored financial products and services.

The bank’s offerings span traditional deposit accounts—including checking, savings and term deposits—alongside payment and transaction services. On the lending side, Macro Bank provides mortgage financing, consumer loans and credit card facilities, as well as commercial and small and medium enterprise (SME) credit. Additional services include mutual funds, insurance brokerage, leasing arrangements and electronic banking, enabling clients to manage accounts and investments via mobile and online channels.

Founded in 1976 under the name Banco Llao Llao, the company expanded rapidly in the late 1980s and 1990s through the acquisition of regional state banks, adopting the Macro brand in 1998. The bank launched its ADR program on the New York Stock Exchange in 2006 under the symbol BMA. Over time, Macro Bank has focused on strengthening its risk management framework, advancing digital transformation and broadening financial inclusion in Argentina’s underserved provinces.

Key Stats

• Today's Range: $42.18 to $43.96
• 50-Day Range: $39.29 to $75.54
• 52-Week Range: $38.30 to $118.42
• Volume: 304,352 shs
• Average Volume: 424,588 shs
• Market Capitalization: $2.81 billion
• P/E Ratio: 3.84
• Dividend Yield: 10.00%
• Price Target: $66.63
• Consensus Rating: Hold

Macro Bank Stock Analysis - MarketRank™

Macro Bank scored higher than 98% of companies evaluated by MarketBeat, and ranked 49th out of 920 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: 4.2 / 5
• Analyst Rating: Hold

Consensus Rating

Macro Bank has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 2 buy ratings, 4 hold ratings, and 1 sell rating.

Upside Potential

Macro Bank has a consensus price target of $66.63, representing about 56.1% upside from its current price of $42.69.

Amount of Analyst Coverage

Macro Bank has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

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 3.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 235.22.

Price to Earnings Ratio vs. Sector

The P/E ratio of Macro Bank is 3.73, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 30.49.

Price to Earnings Growth Ratio

Macro Bank has a PEG Ratio of 0.80. 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 0.61. 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

1.19% 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 1.4, 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 32.07%, 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 10.50%, 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 38.48%. 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 42.09% 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

1.19% 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 1.4, 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 32.07%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.74

News Sentiment

Macro Bank has a news sentiment score of 0.74. 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 news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Macro Bank this week, compared to 4 articles on an average week.

Search Interest

12 people have searched for BMA on MarketBeat in the last 30 days. This is an increase of 500% compared to the previous 30 days.

MarketBeat Follows

3 people have added Macro Bank to their MarketBeat watchlist in the last 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 on January 1st, 2025. Since then, BMA shares have decreased by 55.9% and is now trading at $42.6930.

How were Macro Bank's earnings last quarter?

Macro Bank Inc. (NYSE:BMA) announced its quarterly earnings data on Wednesday, August, 27th. The bank reported $1.95 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.99 by $0.04. The bank earned $834.78 million during the quarter, compared to analysts' expectations of $752.51 million. Macro Bank had a net margin of 8.32% and a trailing twelve-month return on equity of 10.99%.
Read the conference call transcript.

Who are Macro Bank's major shareholders?

Macro Bank's top institutional investors include TT International Asset Management LTD (1.16%).
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

• Record date for 8/22 Dividend: 8/15/2025
• Ex-Dividend for 8/22 Dividend: 8/15/2025
• Dividend Payable: 8/22/2025
• Last Earnings: 8/27/2025
• Record date for 9/26 Dividend: 9/19/2025
• Ex-Dividend for 9/26 Dividend: 9/19/2025
• Dividend Payable: 9/26/2025
• Today: 10/06/2025
• Next Earnings (Estimated): 11/26/2025
• 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: $66.63
• High Price Target: $89.00
• Low Price Target: $12.50
• Potential Upside/Downside: +54.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.38
• Research Coverage: 8 Analysts

Profitability

• EPS (Trailing Twelve Months): $11.41
• Trailing P/E Ratio: 3.77
• Forward P/E Ratio: 5.49
• P/E Growth: 0.8
• Net Income: $358.05 million
• Net Margins: 8.32%
• Pretax Margin: 12.05%
• Return on Equity: 10.99%
• Return on Assets: 2.90%

Debt

• Debt-to-Equity Ratio: 0.23
• Current Ratio: 1.13
• Quick Ratio: 1.13

Sales & Book Value

• Annual Sales: $3.16 trillion
• Price / Sales: 0.00
• Cash Flow: $7.97 per share
• Price / Cash Flow: 5.40
• Book Value: $69.73 per share
• Price / Book: 0.62

Miscellaneous

• Outstanding Shares: 63,900,000
• Free Float: 52,181,000
• Market Cap: $2.75 billion
• Optionable: Optionable
• Beta: 1.54