Banco Macro SA Company Profile (NYSE:BMA)

About Banco Macro SA (NYSE:BMA)

Banco Macro SA logoBanco Macro SA is an Argnetina-based financial institution (the Bank) that offers traditional bank products and services to companies, including those operating in regional economies, as well as to individuals. In addition, the Bank performs certain transactions through its subsidiaries, including mainly Banco del Tucuman, Macro Bank Ltd, Macro Securities SA, Macro Fiducia SA and Macro Fondos SGFCI SA. It has approximately two categories of customers, such as retail customers, including individuals and entrepreneurs and corporate customers, which include small, medium and large companies and major corporations. In addition, it provides services to over four provincial governments. It provides its corporate customers with traditional banking products and services, such as deposits, lending (including overdraft facilities), check cashing advances and factoring, guaranteed loans and credit lines for financing foreign trade and cash management services.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Foreign Regional Banks
  • Sub-Industry: N/A
  • Symbol: NYSE:BMA
  • CUSIP: N/A
  • Web: www.macro.com.ar
Capitalization:
  • Market Cap: $5.21 billion
  • Outstanding Shares: 58,456,000
Average Prices:
  • 50 Day Moving Avg: $86.78
  • 200 Day Moving Avg: $78.45
  • 52 Week Range: $60.10 - $91.04
P/E:
  • Trailing P/E Ratio: 12.34
  • Foreward P/E Ratio: 9.94
  • P/E Growth: 0.37
Sales & Book Value:
  • Annual Revenue: $1.3 billion
  • Price / Sales: 4.01
  • Book Value: $24.42 per share
  • Price / Book: 3.65
Dividend:
  • Annual Dividend: $0.98
  • Dividend Yield: 1.8%
Profitability:
  • Net Margins: 20.91%
  • Return on Equity: 37.60%
  • Return on Assets: 6.03%
Debt:
  • Debt-to-Equity Ratio: 0.12%
  • Current Ratio: 1.06%
  • Quick Ratio: 1.06%
Misc:
  • Average Volume: 98,218 shs.
  • Beta: 1.45
  • Short Ratio: 3.11
 

Frequently Asked Questions for Banco Macro SA (NYSE:BMA)

What is Banco Macro SA's stock symbol?

Banco Macro SA trades on the New York Stock Exchange (NYSE) under the ticker symbol "BMA."

How often does Banco Macro SA pay dividends? What is the dividend yield for Banco Macro SA?

Banco Macro SA announced a dividend on Thursday, August 4th. Investors of record on Tuesday, August 16th will be given a dividend of $0.667 per share on Tuesday, August 16th. The ex-dividend date is Friday, August 12th. View Banco Macro SA's Dividend History.

How were Banco Macro SA's earnings last quarter?

Banco Macro SA (NYSE:BMA) released its quarterly earnings data on Wednesday, November, 9th. The company reported $1.83 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.61 by $0.22. The company earned $403.26 million during the quarter. Banco Macro SA had a net margin of 20.91% and a return on equity of 37.60%. View Banco Macro SA's Earnings History.

Where is Banco Macro SA's stock going? Where will Banco Macro SA's stock price be in 2017?

2 brokerages have issued 12-month target prices for Banco Macro SA's stock. Their forecasts range from $86.50 to $86.50. On average, they expect Banco Macro SA's stock price to reach $86.50 in the next year. View Analyst Ratings for Banco Macro SA.

Who are some of Banco Macro SA's key competitors?

Who owns Banco Macro SA stock?

Banco Macro SA's stock is owned by many different of retail and institutional investors. Top institutional investors include Morgan Stanley (2.66%), Genesis Asset Managers LLP (1.74%), EMS Capital LP (0.97%), William Blair Investment Management LLC (0.70%), Goldman Sachs Group Inc. (0.50%) and Alliancebernstein L.P. (0.39%). View Institutional Ownership Trends for Banco Macro SA.

Who sold Banco Macro SA stock? Who is selling Banco Macro SA stock?

Banco Macro SA's stock was sold by a variety of institutional investors in the last quarter, including DUPONT CAPITAL MANAGEMENT Corp, Bienville Capital Management LLC, Morgan Stanley, Alliancebernstein L.P., Edmond DE Rothschild Holding S.A., Credit Suisse AG, Renaissance Technologies LLC and Deltec Asset Management LLC. View Insider Buying and Selling for Banco Macro SA.

Who bought Banco Macro SA stock? Who is buying Banco Macro SA stock?

Banco Macro SA's stock was bought by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Comgest Global Investors S.A.S., William Blair Investment Management LLC, Goldman Sachs Group Inc., Opera Trading Capital, Barings LLC, Manning & Napier Advisors LLC and Victory Capital Management Inc.. View Insider Buying and Selling for Banco Macro SA.

How do I buy Banco Macro SA stock?

Shares of Banco Macro SA can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Banco Macro SA stock cost?

One share of Banco Macro SA stock can currently be purchased for approximately $89.20.

Analyst Ratings

Consensus Ratings for Banco Macro SA (NYSE:BMA) (?)
Ratings Breakdown: 1 Hold Rating, 1 Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $86.50 (3.03% downside)

Analysts' Ratings History for Banco Macro SA (NYSE:BMA)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
2/16/2017JPMorgan Chase & Co.DowngradeOverweight -> NeutralN/AView Rating Details
9/26/2016Goldman Sachs Group IncUpgradeNeutral -> Buy$83.90 -> $86.50N/AView Rating Details
5/23/2016Citigroup IncUpgradeSell -> NeutralN/AView Rating Details
3/29/2016Credit Suisse Group AGInitiated CoverageNeutral$71.00N/AView Rating Details
3/23/2016SantanderInitiated CoverageHold$73.00N/AView Rating Details
(Data available from 5/27/2015 forward)

Earnings

Earnings History for Banco Macro SA (NYSE:BMA)
Earnings by Quarter for Banco Macro SA (NYSE:BMA)
Earnings History by Quarter for Banco Macro SA (NYSE:BMA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/9/2016Q3$1.61$1.83$403.26 millionViewListenView Earnings Details
11/10/2015Q3 2015$1.82$2.01$466.97 millionViewN/AView Earnings Details
5/11/2015Q2 2015$1.72$1.55$356.56 million$447.77 millionViewN/AView Earnings Details
2/18/2015Q4 2014$1.50$1.13$353.81 millionViewN/AView Earnings Details
11/10/2014Q3 2014$1.57$1.99$406.38 millionViewN/AView Earnings Details
8/6/2014Q2 2014$1.62$1.54$350.16 millionViewN/AView Earnings Details
5/22/2014$1.68$2.53ViewN/AView Earnings Details
2/20/2014$1.51$2.50ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Banco Macro SA (NYSE:BMA)
Current Year EPS Consensus Estimate: $9.26 EPS
Next Year EPS Consensus Estimate: $8.97 EPS

Dividends

Current Dividend Information for Banco Macro SA (NYSE:BMA)
Most Recent Dividend:8/16/2016
Annual Dividend:$0.98
Dividend Yield:1.10%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:10.83% (Trailing 12 Months of Earnings)
10.58% (Based on This Year's Estimates)
10.93% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Banco Macro SA (NYSE:BMA)

Dividend History by Quarter for Banco Macro SA (NYSE:BMA)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/4/2016$0.678/12/20168/16/20168/16/2016
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Banco Macro SA (NYSE:BMA)
Institutional Ownership Percentage: 19.65%
Insider Trades by Quarter for Banco Macro SA (NYSE:BMA)
Institutional Ownership by Quarter for Banco Macro SA (NYSE:BMA)
Insider Trades by Quarter for Banco Macro SA (NYSE:BMA)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/30/2015Karl Eric KottmeierDirectorBuy150,000$0.05$7,500.00
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Banco Macro SA (NYSE:BMA)
Latest Headlines for Banco Macro SA (NYSE:BMA)
Source:
DateHeadline
finance.yahoo.com logoBanco Macro S.A. Announces Primary Follow-on Offering
finance.yahoo.com - May 27 at 2:06 AM
americanbankingnews.com logoZacks Investment Research Lowers Banco Macro SA (BMA) to Hold
www.americanbankingnews.com - May 23 at 7:28 PM
americanbankingnews.com logoBanco Macro SA (BMA) Upgraded to "Strong-Buy" at Zacks Investment Research
www.americanbankingnews.com - May 11 at 6:34 PM
finance.yahoo.com logoBanco Macro Announces Results for the First Quarter of 2017
finance.yahoo.com - May 10 at 9:10 PM
americanbankingnews.com logoBanco Macro SA (BMA) Expected to Post Earnings of $1.79 Per Share
www.americanbankingnews.com - May 9 at 10:20 PM
americanbankingnews.com logoBanco Macro SA (BMA) Given News Sentiment Score of 0.17
www.americanbankingnews.com - May 4 at 4:32 PM
americanbankingnews.com logoBanco Macro SA (BMA) Receives News Sentiment Score of 0.69
www.americanbankingnews.com - April 28 at 7:39 AM
finance.yahoo.com logoArgentina’s Stock Market Is Soaring: Will It Continue?
finance.yahoo.com - April 27 at 9:26 PM
finance.yahoo.com logoBanco Macro S.A. Informs the Market of the Filing of its Annual Report on Form 20-F for the Fiscal Year …
finance.yahoo.com - April 26 at 1:09 PM
finance.yahoo.com logoBanco Macro S.A. Informs the Market of the Filing of its Annual Report on Form 20-F for the Fiscal Year Ended December 31, 2016
finance.yahoo.com - April 25 at 12:33 PM
finance.yahoo.com logoBanco Macro S.A. -- Moody's rates B3 Banco Macro S.A's peso notes
finance.yahoo.com - April 21 at 4:04 PM
americanbankingnews.com logoBanco Macro SA (BMA) Receives Media Sentiment Score of -0.02
www.americanbankingnews.com - April 20 at 4:05 PM
americanbankingnews.com logoZacks: Brokerages Expect Banco Macro SA (BMA) Will Announce Earnings of $1.79 Per Share
www.americanbankingnews.com - April 19 at 8:18 AM
finance.yahoo.com logoIs Banco Macro a Suitable Stock for Value Investors?
finance.yahoo.com - April 17 at 11:58 AM
americanbankingnews.com logoBanco Macro SA (BMA) Receiving Somewhat Critical Press Coverage, Study Finds
www.americanbankingnews.com - April 15 at 11:21 AM
finance.yahoo.com logoMacro Bank (BMA): Strong Industry, Solid Earnings Estimate Revisions
finance.yahoo.com - March 28 at 1:07 PM
americanbankingnews.com logoBanco Macro SA (BMA) Receives Average Rating of “Hold” from Analysts
www.americanbankingnews.com - March 13 at 1:17 PM
us.rd.yahoo.com logoBanco Macro Announces Results for the Fourth Quarter of 2016
us.rd.yahoo.com - February 16 at 7:55 AM
finance.yahoo.com logoShould Value Investors Consider Banco Macro (BMA) Stock?
finance.yahoo.com - February 2 at 4:06 PM
finance.yahoo.com logoSpinnaker Capital LTD Sells Banco Macro SA, Grupo Financiero Galicia SA
finance.yahoo.com - January 26 at 4:40 PM
investorplace.com logoHottest Financial Stocks Now - CIVB OXBR OZM FCCO - Investorplace.com
investorplace.com - December 2 at 10:11 AM
nasdaq.com logoRSI Alert: Banco Macro (BMA) Now Oversold - Nasdaq
www.nasdaq.com - November 11 at 8:30 PM
seekingalpha.com logoBanco Macro's (BMA) Q3 2016 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - November 11 at 8:30 PM
nasdaq.com logoBanco Macro S.A. Announces Pricing of Notes Offering Under Medium-Term Note Program
www.nasdaq.com - November 3 at 8:55 PM
prnewswire.com logoBanco Macro S.A. Announces Pricing of Notes Offering Under Medium-Term Note Program - PR Newswire (press release)
www.prnewswire.com - November 2 at 12:46 PM
prnewswire.com logoBanco Macro S.A. Announces Notes Offering Under Medium-Term Note Program - PR Newswire (press release)
www.prnewswire.com - October 25 at 8:45 AM
finance.yahoo.com logoBanco Macro S.A. Announces Notes Offering Under Medium-Term Note Program
finance.yahoo.com - October 24 at 3:51 PM
finance.yahoo.com logo9:03 am Banco Macro Bansud to offer $400 mln of notes due 2026 as part of its medium-term note financing program
finance.yahoo.com - October 24 at 3:51 PM
seekingalpha.com logoBanco Macro S.A. plans to offer up to $400M notes
seekingalpha.com - October 24 at 12:36 PM

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Chart

Banco Macro SA (BMA) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by MarketBeat.com Staff