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

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$46.98 -3.85 (-7.57 %)
(As of 04/22/2019 01:59 AM ET)
Previous Close$46.98
Today's Range$46.25 - $51.04
52-Week Range$32.00 - $109.51
Volume309,061 shs
Average Volume339,498 shs
Market Capitalization$3.09 billion
P/E Ratio6.01
Dividend Yield4.76%
Beta0.73
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

Industry Commercial banks, not elsewhere classified
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone54-11-5222-6500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.15 billion
Cash Flow$6.8384 per share
Book Value$29.45 per share

Profitability

Net Income$558.39 million

Miscellaneous

Employees8,774
Market Cap$3.09 billion
Next Earnings Date5/21/2019 (Estimated)
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) posted its quarterly earnings results on Friday, March, 8th. The bank reported $2.16 EPS for the quarter, beating the consensus estimate of $1.84 by $0.32. The bank earned $430.53 million during the quarter. Banco Macro had a return on equity of 27.90% and a net margin of 22.36%. 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 Tuesday, May 21st 2019. View Earnings Estimates for Banco Macro.

What price target have analysts set for BMA?

3 brokers have issued 12 month price targets for Banco Macro's shares. Their forecasts range from $50.00 to $50.00. On average, they anticipate Banco Macro's share price to reach $50.00 in the next twelve months. This suggests a possible upside of 6.4% from the stock's current price. View Analyst Price Targets for Banco Macro.

What is the consensus analysts' recommendation for Banco Macro?

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

Has Banco Macro been receiving favorable news coverage?

News stories about BMA stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Banco Macro earned a coverage optimism score of 1.2 on InfoTrie's scale. They also gave media coverage about the bank a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future.

Who are some of Banco Macro's key competitors?

What other stocks do shareholders of Banco Macro own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Banco Macro investors own include Alibaba Group (BABA), McEwen Mining (MUX), Micron Technology (MU), NVIDIA (NVDA), Delta Air Lines (DAL), Adobe (ADBE), Baidu (BIDU), Grupo Financiero Galicia (GGAL), QUALCOMM (QCOM) and Starbucks (SBUX).

Who are Banco Macro's key executives?

Banco Macro's management team includes the folowing people:
  • Mr. Gustavo Alejandro Manriquez, CEO & GM (Age 50)
  • Mr. Jorge Francisco Scarinci, CFO and Fin. & IR Mang. (Age 49)
  • Mr. Ricardo Mendoza Albán, Operations & Technology Mang. (Age 51)
  • Mr. Agustín Devoto, Investment Banking Mang. (Age 43)
  • Ms. María José Perez Van Morlegan, Legal Mang. & Gen. Counsel (Age 45)

Who are Banco Macro's major shareholders?

Banco Macro's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Tibra Equities Europe Ltd (0.08%). View Institutional Ownership Trends for Banco Macro.

Which institutional investors are buying Banco Macro stock?

BMA stock was bought by a variety of institutional investors in the last quarter, including Tibra Equities Europe 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 $46.98.

How big of a company is Banco Macro?

Banco Macro has a market capitalization of $3.09 billion and generates $2.15 billion in revenue each year. The bank earns $558.39 million in net income (profit) each year or $7.82 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:  242 (Vote Outperform)
Underperform Votes:  275 (Vote Underperform)
Total Votes:  517
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 4/22/2019 by MarketBeat.com Staff

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