NYSE:BMA - Banco Macro Stock Price, News, & Analysis

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$41.65 +0.45 (+1.09 %)
(As of 12/11/2018 04:00 PM ET)
Previous Close$41.20
Today's Range$41.25 - $43.03
52-Week Range$32.00 - $121.90
Volume263,800 shs
Average Volume368,145 shs
Market Capitalization$2.81 billion
P/E Ratio4.82
Dividend Yield5.24%
Beta0.9
Banco Macro S.A. provides various banking products and services to individuals and corporate customers in Argentina. It offers various retail 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, mortgages, overdrafts, pledged loans, and credit card loans to retail customers. In addition, it offers corporate banking products and services that include deposits, lending, check cashing advances and factoring, guaranteed loans, credit lines for financing foreign trade, and cash management services. Further, the company provides trust, payroll, and financial agency services, as well as corporate credit cards and other specialty products; transaction services, such as collection services, payments to suppliers, payroll services, foreign exchange transactions, and foreign trade services; and information services, such as Datanet and Interpymes services to corporate customers. As of December 31, 2017, it operated through a network of 445 branches, 1,443 ATMs, 912 self-service terminals, and service points. Banco Macro S.A. also offers Internet banking services. The company was incorporated in 1988 and is headquartered in Buenos Aires, Argentina.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Commercial banks, not elsewhere classified
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:BMA
Previous Symbol
CUSIPN/A
Phone54-11-5222-6500

Debt

Debt-to-Equity Ratio0.52
Current Ratio1.16
Quick Ratio1.17

Price-To-Earnings

Trailing P/E Ratio4.82
Forward P/E Ratio7.31
P/E Growth0.54

Sales & Book Value

Annual Sales$2.21 billion
Price / Sales1.24
Cash Flow$8.4483 per share
Price / Cash Flow4.93
Book Value$39.56 per share
Price / Book1.05

Profitability

EPS (Most Recent Fiscal Year)$8.65
Net Income$567.08 million
Net Margins24.63%
Return on Equity27.18%
Return on Assets5.19%

Miscellaneous

Employees8,774
Outstanding Shares65,860,000
Market Cap$2.81 billion
OptionableOptionable

Banco Macro (NYSE:BMA) Frequently Asked Questions

What is Banco Macro's stock symbol?

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

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

Banco Macro announced a special dividend on Friday, May 4th. Investors of record on Monday, May 14th will be paid a dividend of $2.2345 per share on Tuesday, May 22nd. This represents a yield of 0.91%. The ex-dividend date is Friday, May 11th. This is a boost from Banco Macro's previous special dividend of $0.75. View Banco Macro's Dividend History.

How were Banco Macro's earnings last quarter?

Banco Macro SA ADR (NYSE:BMA) announced its earnings results on Wednesday, November, 9th. The bank reported $1.83 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.61 by $0.22. The bank earned $403.26 million during the quarter. Banco Macro had a net margin of 24.63% and a return on equity of 27.18%. View Banco Macro's Earnings History.

When is Banco Macro's next earnings date?

Banco Macro is scheduled to release their next quarterly earnings announcement on Monday, February 18th 2019. View Earnings Estimates for Banco Macro.

What price target have analysts set for BMA?

5 equities research analysts have issued 1 year target prices for Banco Macro's stock. Their predictions range from $50.00 to $50.00. On average, they anticipate Banco Macro's share price to reach $50.00 in the next year. This suggests a possible upside of 20.0% from the stock's current price. View Analyst Price Targets for Banco Macro.

What is the consensus analysts' recommendation for Banco Macro?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Banco Macro in the last year. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Banco Macro.

Has Banco Macro been receiving favorable news coverage?

Headlines about BMA stock have been trending somewhat positive this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Banco Macro earned a news impact score of 1.1 on InfoTrie's scale. They also gave news coverage about the bank a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near future.

Who are some of Banco Macro's key competitors?

Who are Banco Macro's key executives?

Banco Macro's management team includes the folowing people:
  • Mr. Gustavo Alejandro Manriquez, CEO & GM (Age 49)
  • Mr. Jorge Francisco Scarinci, CFO and Fin. & IR Mang. (Age 48)
  • Mr. Ricardo Mendoza Albán, Operations & Technology Mang. (Age 50)
  • Mr. Agustín Devoto, Investment Banking Mang. (Age 42)
  • Ms. María José Perez Vanmorlegan, Legal Mang. & Gen. Counsel (Age 44)

Who are Banco Macro's major shareholders?

Banco Macro's stock is owned by a number of of retail and institutional investors. Top institutional investors include Hsbc Holdings PLC (3.23%), BlackRock Inc. (2.46%), Alliancebernstein L.P. (2.05%), Odey Asset Management Group Ltd (1.74%), Schroder Investment Management Group (1.00%) and Baillie Gifford & Co. (0.69%). View Institutional Ownership Trends for Banco Macro.

Which major investors are selling Banco Macro stock?

BMA stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Wells Fargo & Company MN, FMR LLC, Bamco Inc. NY, Standard Life Aberdeen plc, Standard Life Aberdeen plc, Banco Santander S.A. and Mackenzie Financial Corp. View Insider Buying and Selling for Banco Macro.

Which major investors are buying Banco Macro stock?

BMA stock was purchased by a variety of institutional investors in the last quarter, including Hsbc Holdings PLC, Odey Asset Management Group Ltd, Baillie Gifford & Co., BlackRock Inc., Cornerstone Wealth Management LLC, Massachusetts Financial Services Co. MA, Alliancebernstein L.P. and Mirae Asset Global Investments Co. Ltd.. View Insider Buying and Selling for Banco Macro.

How do I buy shares of Banco Macro?

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

What is Banco Macro's stock price today?

One share of BMA stock can currently be purchased for approximately $41.65.

How big of a company is Banco Macro?

Banco Macro has a market capitalization of $2.81 billion and generates $2.21 billion in revenue each year. The bank earns $567.08 million in net income (profit) each year or $8.65 on an earnings per share basis. Banco Macro employs 8,774 workers across the globe.

What is Banco Macro's official website?

The official website for Banco Macro is http://www.macro.com.ar.

How can I contact Banco Macro?

Banco Macro's mailing address is SARMIENTO 447, BUENOS AIRES C1, 1041. The bank can be reached via phone at 54-11-5222-6500 or via email at [email protected]


MarketBeat Community Rating for Banco Macro (NYSE BMA)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  225 (Vote Outperform)
Underperform Votes:  256 (Vote Underperform)
Total Votes:  481
MarketBeat's community ratings are surveys of what our community members think about Banco Macro and other stocks. Vote "Outperform" if you believe BMA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BMA will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/11/2018 by MarketBeat.com Staff

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