Free Trial
NYSE:BMA

Banco Macro (BMA) Stock Price, News & Analysis

$51.88
+1.04 (+2.05%)
(As of 07/26/2024 ET)
Today's Range
$51.27
$52.25
50-Day Range
$50.87
$66.29
52-Week Range
$17.30
$68.24
Volume
87,790 shs
Average Volume
378,731 shs
Market Capitalization
N/A
P/E Ratio
3.06
Dividend Yield
40.36%
Price Target
N/A

Banco Macro MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
1.41% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.04mentions of Banco Macro in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-26.97%
From $11.83 to $8.64 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.

1.77 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

Banco Macro B ADR (BMA)
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Banco Macro goes ex dividend Monday
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
See More Headlines
Receive BMA Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Banco Macro and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
5/23/2024
Ex-Dividend for 6/24 Dividend
6/17/2024
Dividend Payable
6/24/2024
Ex-Dividend for 7/29 Dividend
7/22/2024
Today
7/26/2024
Dividend Payable
7/29/2024
Next Earnings (Estimated)
8/28/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Commercial banks, not elsewhere classified
Sub-Industry
Banking
Employees
8,005
Year Founded
N/A

Profitability

Net Income
$2.23 billion
Pretax Margin
36.05%

Debt

Sales & Book Value

Annual Sales
$14.17 billion
Cash Flow
$7.10 per share
Book Value
$61.68 per share

Miscellaneous

Free Float
N/A
Optionable
Optionable
Beta
1.91
10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report

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 this year?

Banco Macro's stock was trading at $28.70 on January 1st, 2024. Since then, BMA shares have increased by 80.8% and is now trading at $51.88.
View the best growth stocks for 2024 here
.

How were Banco Macro's earnings last quarter?

Banco Macro S.A. (NYSE:BMA) released its quarterly earnings data on Thursday, May, 23rd. The bank reported $5.02 earnings per share for the quarter, topping analysts' consensus estimates of $2.19 by $2.83. The bank earned $1.87 billion during the quarter. Banco Macro had a net margin of 16.33% and a trailing twelve-month return on equity of 37.91%.

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.

Who are Banco Macro's major shareholders?

Top institutional shareholders of Banco Macro include Diversify Advisory Services LLC and Shilanski & Associates Inc..
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.

What other stocks do shareholders of Banco Macro own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Banco Macro investors own include Energy Transfer (ET), AT&T (T), Wells Fargo & Company (WFC), Enterprise Products Partners (EPD), NGL Energy Partners (NGL), AGNC Investment (AGNC) and Grupo Financiero Galicia (GGAL).

This page (NYSE:BMA) was last updated on 7/26/2024 by MarketBeat.com Staff

From Our Partners