S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
New York lawmakers pass $237 billion budget with policies to jump-start housing market
'Civil War’ continues box-office campaign at No. 1
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
New York lawmakers pass $237 billion budget with policies to jump-start housing market
'Civil War’ continues box-office campaign at No. 1
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
New York lawmakers pass $237 billion budget with policies to jump-start housing market
'Civil War’ continues box-office campaign at No. 1
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
New York lawmakers pass $237 billion budget with policies to jump-start housing market
'Civil War’ continues box-office campaign at No. 1
NYSE:BMA

Banco Macro (BMA) Stock Price, News & Analysis

$49.82
+1.51 (+3.13%)
(As of 04/19/2024 ET)
Today's Range
$48.10
$50.86
50-Day Range
$30.58
$52.20
52-Week Range
$16.49
$54.67
Volume
211,155 shs
Average Volume
394,761 shs
Market Capitalization
N/A
P/E Ratio
9.01
Dividend Yield
5.62%
Price Target
N/A

Banco Macro MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
1.52% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.13mentions of Banco Macro in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-58.12%
From $21.80 to $9.13 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.43 out of 5 stars

BMA stock logo

About Banco Macro Stock (NYSE: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 (ATMs), and money transfers. The company also provides personal loans, document discounts, residential mortgages, overdrafts, pledged loans, and credit card loans to retail customers. In addition, it offers corporate banking products and services, including deposits, lending, check cashing advances and factoring, guaranteed loans, credit lines for financing foreign trade, and cash management services; and trust, payroll, and financial agency services, as well as corporate credit cards and other specialty products; and working capital facilities, credit for investment projects, and leasing and foreign trade transactions. Further, the company provides transaction services, such as cash management, collection services, payments to suppliers, payroll services, foreign exchange transactions, and foreign trade services; information services comprising Datanet and Interpymes services to corporate customers; and Internet and mobile banking services. Additionally, it offers short-term and medium-to-long-term corporate lending products. Banco Macro S.A. was incorporated in 1966 and is headquartered in Buenos Aires, Argentina.

BMA Stock Price History

BMA Stock News Headlines

“More countries ditch the US dollar”
Since March 2018, China started purchasing oil in gold-backed yuan. By December 2022, Foreign Minister Wang Yi stated that Chinese-Arab relations experienced a "historic improvement." after arab nations ditched the dollar to trade with China. On June 6, 2023 China told its banks to slash interest rates on US dollars.
“More countries ditch the US dollar”
Since March 2018, China started purchasing oil in gold-backed yuan. By December 2022, Foreign Minister Wang Yi stated that Chinese-Arab relations experienced a "historic improvement." after arab nations ditched the dollar to trade with China. On June 6, 2023 China told its banks to slash interest rates on US dollars.
Preview: Banco Macro's Earnings
BMA Apr 2024 20.000 call
BMA Oct 2024 30.000 put
BMA Apr 2024 25.000 call
Banco Macro S.A. - ADR
BMA Jul 2024 22.500 call
BMA Apr 2024 45.000 call
Banco Macro SA B (BMA)
Banco Macro SA's Dividend Analysis
Banco Macro SA ADR
See More Headlines
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Company Calendar

Last Earnings
11/22/2023
Today
4/21/2024
Next Earnings (Estimated)
5/15/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Employees
7,796
Year Founded
N/A

Profitability

Net Income
$2.23 billion
Pretax Margin
19.28%

Debt

Sales & Book Value

Annual Sales
$17.15 billion
Cash Flow
$7.36 per share
Book Value
$61.68 per share

Miscellaneous

Free Float
N/A
Optionable
Optionable
Beta
1.86
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Key Executives

  • Mr. Gustavo Alejandro Manriquez (Age 55)
    GM & CEO
  • Mr. Jorge Francisco Scarinci (Age 54)
    CFO, Finance Manager & IR Manager
  • Mr. Marcelo Agustin Devoto (Age 48)
    Investment Banking Manager
  • Mr. Ernesto Eduardo Medina (Age 57)
    System &Technology Manager
  • Mr. Gerardo Adrian Alvarez (Age 55)
    Administration & Human Resources Manager
  • Mr. Ernesto Lopez (Age 52)
    Legal Manager
  • Nicolas Daniel Giacinti
    Compliance Manager
  • Mr. Francisco Muro (Age 51)
    Distribution & Sales Manager
  • Ms. Ana María Magdalena Marcet (Age 63)
    Credit Risk Manager
  • Lic. Brian Anthony (Age 51)
    Commercial banking manager

BMA Stock Analysis - Frequently Asked Questions

How have BMA shares performed in 2024?

Banco Macro's stock was trading at $28.70 on January 1st, 2024. Since then, BMA stock has increased by 73.6% and is now trading at $49.82.
View the best growth stocks for 2024 here
.

Are investors shorting Banco Macro?

Banco Macro saw a increase in short interest in March. As of March 15th, there was short interest totaling 959,800 shares, an increase of 14.4% from the February 29th total of 839,200 shares. Based on an average daily trading volume, of 379,200 shares, the days-to-cover ratio is presently 2.5 days. Currently, 1.5% of the company's shares are sold short.
View Banco Macro's Short Interest
.

When is Banco Macro's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 15th 2024.
View our BMA earnings forecast
.

How were Banco Macro's earnings last quarter?

Banco Macro S.A. (NYSE:BMA) announced its earnings results on Wednesday, November, 22nd. The bank reported $0.33 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.32 by $0.99. The bank had revenue of $2.20 billion for the quarter. Banco Macro had a trailing twelve-month return on equity of 56.62% and a net margin of 12.92%. During the same quarter last year, the firm earned $0.94 EPS.

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

Banco Macro announced a -- dividend on Thursday, December 28th. Investors of record on Monday, January 8th will be paid a dividend of $0.5958 per share on Tuesday, January 16th. The ex-dividend date of this dividend is Friday, January 5th. This is an increase from the stock's previous -- dividend of $0.45.
Read our dividend analysis for BMA
.

Is Banco Macro a good dividend stock?

Banco Macro (NYSE:BMA) pays an annual dividend of $2.80 per share and currently has a dividend yield of 5.62%. BMA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 50.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BMA will have a dividend payout ratio of 30.67% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BMA.

What ETFs hold Banco Macro's stock?

ETFs with the largest weight of Banco Macro (NYSE:BMA) stock in their portfolio include Global X MSCI Argentina ETF (ARGT) and AdvisorShares Dorsey Wright ADR ETF (AADR).Amplify International Enhanced Dividend Income ETF (IDVO).

What is Jorge Horacio Brito's approval rating as Banco Macro's CEO?

19 employees have rated Banco Macro Chief Executive Officer Jorge Horacio Brito on Glassdoor.com. Jorge Horacio Brito has an approval rating of 75% among the company's employees.

What other stocks do shareholders of Banco Macro own?
Who are Banco Macro's major shareholders?

Banco Macro's stock is owned by a number of retail and institutional investors. Top institutional investors include Fourth Sail Capital LP (0.00%), Norden Group LLC (0.00%) and Claro Advisors LLC (0.00%).
View institutional ownership trends
.

How do I buy shares of Banco Macro?

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.
Compare Top Brokerages Here.

This page (NYSE:BMA) was last updated on 4/21/2024 by MarketBeat.com Staff

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