Macro Bank Company Profile (NYSE:BMA)

About Macro Bank

Macro Bank 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
  • Exchange: NYSE
  • Symbol: BMA
  • CUSIP:
Key Metrics:
  • Previous Close: $79.15
  • 50 Day Moving Average: $77.77
  • 200 Day Moving Average: $74.62
  • 52-Week Range: $58,456,000.00 - $56.87
  • Trailing P/E Ratio: 10.85
  • Foreward P/E Ratio: 8.07
  • P/E Growth: 0.37
  • Market Cap: $4.57B
  • Outstanding Shares: 58,456,000
  • Beta: 1.45
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%
Additional Links:
Companies Related to Macro Bank:

Analyst Ratings

Consensus Ratings for Macro Bank (NYSE:BMA) (?)
Ratings Breakdown: 4 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.20)
Consensus Price Target: $76.83 (1.94% downside)

Analysts' Ratings History for Macro Bank (NYSE:BMA)
Show:
DateFirmActionRatingPrice TargetDetails
2/16/2017J P Morgan Chase & CoDowngradeOverweight -> NeutralView Rating Details
9/26/2016Goldman Sachs Group, Inc. (The)UpgradeNeutral -> Buy$83.90 -> $86.50View Rating Details
5/23/2016Citigroup Inc.UpgradeSell -> NeutralView Rating Details
3/29/2016Credit Suisse GroupInitiated CoverageNeutral$71.00View Rating Details
3/23/2016SantanderInitiated CoverageHold$73.00View Rating Details
(Data available from 2/27/2015 forward)

Earnings

Earnings History for Macro Bank (NYSE:BMA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/23/2015$1.50$1.13ViewN/AView Earnings Details
11/11/2014$1.57$2.01ViewN/AView Earnings Details
8/8/2014$1.62$1.54ViewN/AView Earnings Details
5/22/2014$1.68$2.53ViewN/AView Earnings Details
5/9/2014$1.68$2.03ViewN/AView Earnings Details
2/20/2014$1.51$2.50ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Macro Bank (NYSE:BMA)
Current Year EPS Consensus Estimate: $8.66 EPS
Next Year EPS Consensus Estimate: $9.71 EPS

Dividends

Current Dividend Information for Macro Bank (NYSE:BMA)
Annual Dividend:$0.98
Dividend Yield:1.25%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:10.83% (Based on Trailing 12 Months of Earnings)
11.32% (Based on Current Year Consensus EPS Estimate)
10.09% (Based on Next Year Consensus EPS Estimate)

Dividend History for Macro Bank (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 History for Macro Bank (NYSE:BMA)
Institutional Ownership Percentage: 19.65%
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

Latest Headlines for Macro Bank (NYSE:BMA)
DateHeadline
capitalcube.com logoBanco Macro SA :BMA-US: Earnings Analysis: 2016 By the Numbers : February 21, 2017 (NYSE:BMA)
www.capitalcube.com - February 21 at 3:19 PM
capitalcube.com logoBanco Macro SA :BMA-US: Earnings Analysis: Q4, 2016 By the Numbers : February 17, 2017 (NYSE:BMA)
www.capitalcube.com - February 17 at 6:11 PM
News IconBanco Macro and Swing Trading Argentina Banks (NYSE:BMA)
www.guerillastocktrading.com - February 16 at 7:55 AM
us.rd.yahoo.com logoBanco Macro Announces Results for the Fourth Quarter of 2016 (NYSE:BMA)
us.rd.yahoo.com - February 16 at 7:55 AM
sg.finance.yahoo.com logoBanco Macro posts 4Q profit (NYSE:BMA)
sg.finance.yahoo.com - February 16 at 7:55 AM
finance.yahoo.com logoShould Value Investors Consider Banco Macro (BMA) Stock? (NYSE:BMA)
finance.yahoo.com - February 2 at 4:06 PM
finance.yahoo.com logoSpinnaker Capital LTD Sells Banco Macro SA, Grupo Financiero Galicia SA (NYSE:BMA)
finance.yahoo.com - January 26 at 4:40 PM
News IconDoes This Dividend Rockstar Have Potential Upside? Analysts Weigh in on Banco Macro S.A. (NYSE:BMA) - Aiken Advocate (NYSE:BMA)
aikenadvocate.com - January 23 at 8:41 PM
News IconDoes This Dividend Rockstar Have Potential Upside? Analysts Weigh in on Banco Macro SA (NYSE:BMA) - Aiken Advocate (NYSE:BMA)
aikenadvocate.com - January 23 at 3:39 PM
News IconTrump Sworn In as S&P Declined, How Did this Stock Perform This Week: Banco Macro S.A. (NYSE:BMA) - Aiken Advocate (NYSE:BMA)
aikenadvocate.com - January 22 at 8:57 PM
News IconStock Tracker: Earnings & Estimates for Banco Macro SA (ADR) (NYSE:BMA) - Aiken Advocate (NYSE:BMA)
aikenadvocate.com - January 21 at 3:05 AM
News IconWill The Needle Move For Banco Macro SA (ADR) (NYSE:BMA) Shares This Earnings Season? - Wall Street Beacon (NYSE:BMA)
wsbeacon.com - January 21 at 3:05 AM
News IconAre Investors Circling This Stock? Analyst Projections Point to Continued Growth: Banco Macro SA (NYSE:BMA) - Aiken Advocate (NYSE:BMA)
aikenadvocate.com - January 19 at 3:38 PM
News IconChart Level Analysis on Shares of Banco Macro SA (BMA) - Springdale Times (NYSE:BMA)
springdaletimes.com - January 19 at 3:38 PM
News IconSteady As She Goes, Accelerated Growth Puts Stock in Focus: Banco Macro S.A. (NYSE:BMA) - Wall Street Beacon (NYSE:BMA)
wsbeacon.com - January 19 at 3:38 PM
capitalcube.com logoETFs with exposure to Banco Macro SA : January 4, 2017 (NYSE:BMA)
www.capitalcube.com - January 4 at 4:37 PM
capitalcube.com logoETFs with exposure to Banco Macro SA : December 22, 2016 (NYSE:BMA)
www.capitalcube.com - December 22 at 4:02 PM
News IconTracking Williams %R for Banco Macro S.A. (BMA) - StockTalk Daily (NYSE:BMA)
stocktalkdaily.com - December 18 at 8:54 PM
4-traders.com logoBanco Macro : S.A. announces Notes offering under medium-term note Program (NYSE:BMA)
www.4-traders.com - December 16 at 4:10 PM
insidermonkey.com logoIs Banco Macro SA (ADR) (BMA) Going To Burn These Hedge Funds? (NYSE:BMA)
www.insidermonkey.com - December 13 at 4:31 PM
capitalcube.com logoETFs with exposure to Banco Macro SA : December 9, 2016 (NYSE:BMA)
www.capitalcube.com - December 9 at 4:14 PM
investorplace.com logoHottest Financial Stocks Now - CIVB OXBR OZM FCCO - Investorplace.com (NYSE:BMA)
investorplace.com - December 2 at 10:11 AM
News IconStock Backsliding Pre-Bell as Shares Gap Down: Banco Macro SA (NYSE:BMA) - CSZ News (NYSE:BMA)
cincysportszone.com - November 14 at 3:26 PM
capitalcube.com logoETFs with exposure to Banco Macro SA : November 14, 2016 (NYSE:BMA)
www.capitalcube.com - November 14 at 3:26 PM
News IconSell-side is Weighing in on Banco Macro SA (ADR) (NYSE:BMA) Earnings - CSZ News (NYSE:BMA)
cincysportszone.com - November 11 at 8:30 PM
nasdaq.com logoRSI Alert: Banco Macro (BMA) Now Oversold - Nasdaq (NYSE:BMA)
www.nasdaq.com - November 11 at 8:30 PM
seekingalpha.com logoBanco Macro's (BMA) Q3 2016 Results - Earnings Call Transcript - Seeking Alpha (NYSE:BMA)
seekingalpha.com - November 11 at 8:30 PM
capitalcube.com logoBanco Macro SA :BMA-US: Earnings Analysis: Q3, 2016 By the Numbers : November 11, 2016 (NYSE:BMA)
www.capitalcube.com - November 11 at 1:12 PM
News IconStock Momentum Curbed as it Gaps Down: Banco Macro S.A. (NYSE:BMA) - CSZ News (NYSE:BMA)
cincysportszone.com - November 10 at 12:32 PM
sg.finance.yahoo.com logoBanco Macro posts 3Q profit (NYSE:BMA)
sg.finance.yahoo.com - November 9 at 10:32 PM
News IconAnalysts Take the Wheel on Banco Macro SA (ADR) (NYSE:BMA) Shares and Where They Might Be Headed - CSZ News (NYSE:BMA)
cincysportszone.com - November 4 at 8:20 PM
nasdaq.com logoBanco Macro S.A. Announces Pricing of Notes Offering Under Medium-Term Note Program (NYSE:BMA)
www.nasdaq.com - November 3 at 8:55 PM
News IconPutting the Foot on the Earnings Accelerator: Banco Macro S.A. (NYSE:BMA) - CSZ News (NYSE:BMA)
cincysportszone.com - November 2 at 12:46 PM
prnewswire.com logoBanco Macro S.A. Announces Pricing of Notes Offering Under Medium-Term Note Program - PR Newswire (press release) (NYSE:BMA)
www.prnewswire.com - November 2 at 12:46 PM
feeds.reuters.com logoBRIEF-Banco Macro reports pricing of notes offering under medium-term note program (NYSE:BMA)
feeds.reuters.com - November 2 at 10:27 AM
News IconWhat are Analysts Expecting for Banco Macro SA (ADR) (NYSE:BMA) Earnings? - CSZ News (NYSE:BMA)
cincysportszone.com - October 28 at 8:45 PM
News IconBurgeoning Growth Expected For Banco Macro S.A. (NYSE:BMA) - CSZ News (NYSE:BMA)
cincysportszone.com - October 26 at 3:56 PM
prnewswire.com logoBanco Macro S.A. Announces Notes Offering Under Medium-Term Note Program - PR Newswire (press release) (NYSE:BMA)
www.prnewswire.com - October 25 at 8:45 AM
publicnow.com logoMaterial Fact – Offering Announcement Series A (NYSE:BMA)
www.publicnow.com - October 25 at 8:45 AM
publicnow.com logoHecho Relevante - Anuncio Oferta Clase A* (NYSE:BMA)
www.publicnow.com - October 25 at 8:45 AM
4-traders.com logoBanco Macro : Offering Announcement Series A (NYSE:BMA)
www.4-traders.com - October 24 at 3:51 PM
finance.yahoo.com logoBanco Macro S.A. Announces Notes Offering Under Medium-Term Note Program (NYSE:BMA)
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 (NYSE:BMA)
finance.yahoo.com - October 24 at 3:51 PM
publicnow.com logoOffering Announcement Series A (NYSE:BMA)
www.publicnow.com - October 24 at 3:51 PM
seekingalpha.com logoBanco Macro S.A. plans to offer up to $400M notes (NYSE:BMA)
seekingalpha.com - October 24 at 12:36 PM
feeds.reuters.com logoBRIEF-Banco Macro announces notes offering under medium-term note program (NYSE:BMA)
feeds.reuters.com - October 24 at 10:48 AM
News IconEarnings Analysis & Update for Banco Macro SA (ADR) (NYSE:BMA)? - CSZ News (NYSE:BMA)
cincysportszone.com - October 22 at 8:11 AM
News IconAnalysts Projecting Steady Growth for Banco Macro S.A. (NYSE:BMA) - CSZ News (NYSE:BMA)
cincysportszone.com - October 18 at 3:51 PM
News IconSell-side is Weighing in on Banco Macro SA (ADR) (NYSE:BMA) Earnings & Targets - CSZ News (NYSE:BMA)
cincysportszone.com - October 14 at 3:49 PM
News IconIn it for the Long Haul: Update on Banco Macro S.A. (NYSE:BMA) - CSZ News (NYSE:BMA)
cincysportszone.com - October 12 at 4:05 PM

Social

What is Macro Bank's stock symbol?

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

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

Macro Bank declared a dividend on Thursday, August 4th. Shareholders 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.

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

5 brokers have issued 12-month price targets for Macro Bank's shares. Their forecasts range from $71.00 to $86.50. On average, they anticipate Macro Bank's stock price to reach $76.83 in the next twelve months.

Who owns Macro Bank stock?

Macro Bank's stock is owned by a number of of retail and institutional investors. Top institutional investors include Franklin Resources Inc. (0.60%), William Blair Investment Management LLC (0.53%), Bienville Capital Management LLC (0.41%), Russell Investments Group Ltd. (0.36%), Oxford Asset Management (0.31%) and Putnam Investments LLC (0.28%).

Who sold Macro Bank stock? Who is selling Macro Bank stock?

Macro Bank's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Caxton Associates LP, Calamos Advisors LLC, Fiera Capital Corp, Charlemagne Capital Ltd., Leuthold Group LLC, William Blair Investment Management LLC and Guggenheim Capital LLC.

Who bought Macro Bank stock? Who is buying Macro Bank stock?

Macro Bank's stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Franklin Resources Inc., Putnam Investments LLC, Oxford Asset Management, Renaissance Technologies LLC, Highland Capital Management LP, Bienville Capital Management LLC and Comgest Global Investors S.A.S..

How do I buy Macro Bank stock?

Shares of Macro Bank 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 Macro Bank stock cost?

One share of Macro Bank stock can currently be purchased for approximately $78.35.

Macro Bank (NYSE:BMA) Chart for Monday, February, 27, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Macro Bank (NYSE:BMA)

Earnings History Chart

Earnings by Quarter for Macro Bank (NYSE:BMA)

Dividend History Chart

Dividend Payments by Quarter for Macro Bank (NYSE:BMA)

Last Updated on 2/27/2017 by MarketBeat.com Staff