Macro Bank Company Profile (NYSE:BMA)

About Macro Bank (NYSE:BMA)

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: Banks
  • Sub-Industry: N/A
  • Symbol: NYSE:BMA
  • CUSIP: N/A
  • Web: www.macro.com.ar
Capitalization:
  • Market Cap: $8.29 billion
  • Outstanding Shares: 65,856,000
Average Prices:
  • 50 Day Moving Avg: $111.60
  • 200 Day Moving Avg: $94.63
  • 52 Week Range: $61.12 - $127.45
P/E:
  • Trailing P/E Ratio: 20.14
  • Foreward P/E Ratio: 13.28
  • P/E Growth: 0.91
Sales & Book Value:
  • Annual Revenue: $1.35 billion
  • Price / Sales: 6.14
  • Book Value: $31.50 per share
  • Price / Book: 4.00
Dividend:
  • Annual Dividend: $0.75
  • Dividend Yield: 1.2%
Profitability:
  • Net Margins: 17.98%
  • Return on Equity: 27.55%
  • Return on Assets: 4.53%
Debt:
  • Debt-to-Equity Ratio: 0.19%
  • Current Ratio: 1.24%
  • Quick Ratio: 1.24%
Misc:
  • Average Volume: 199,398 shs.
  • Beta: 1.36
  • Short Ratio: 1.78
 

Frequently Asked Questions for Macro Bank (NYSE:BMA)

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 Wednesday, June 14th. Shareholders of record on Friday, June 16th will be paid a dividend of $0.002 per share on Friday, June 23rd. This represents a yield of 0.86%. The ex-dividend date of this dividend is Wednesday, June 14th. View Macro Bank's Dividend History.

How were Macro Bank's earnings last quarter?

Macro Bank Inc. (NYSE:BMA) announced its earnings results on Wednesday, November, 9th. The company reported $1.83 earnings per share for the quarter, beating analysts' consensus estimates of $1.61 by $0.22. The firm had revenue of $403.26 million for the quarter. Macro Bank had a net margin of 17.98% and a return on equity of 27.55%. View Macro Bank's Earnings History.

When will Macro Bank make its next earnings announcement?

Macro Bank is scheduled to release their next quarterly earnings announcement on Wednesday, November, 8th 2017. View Earnings Estimates for Macro Bank.

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

4 brokers have issued 12 month price targets for Macro Bank's shares. Their predictions range from $113.70 to $113.70. On average, they expect Macro Bank's stock price to reach $113.70 in the next twelve months. View Analyst Ratings for Macro Bank.

Who are some of Macro Bank's key competitors?

Who are Macro Bank's key executives?

Macro Bank's management team includes the folowing people:

  • Jorge Horacio Brito, Executive Chairman of the Board
  • Gustavo Alejandro Manriquez, Chief Executive Officer
  • Delfin Jorge Ezequiel Carballo, Vice Chairman of the Board
  • Jorge Francisco Scarinci, Director of Finance and Investor Relations
  • Eduardo Roque Covello, Chief Operating Officer
  • Daniel Hugo Violatti, Accounting and Tax Manager
  • Gerardo Adrian Alvarez, Chief Administrative Officer
  • Ana Maria Magdalena Marcet, Director of Credit Risk
  • Maria Jose Perez Vanmorlegan, General Counsel
  • Guillermo Goldberg, Deputy General Manager in Charge of Financial Area

Who owns Macro Bank stock?

Macro Bank's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Indiana Trust & Investment Management CO (0.00%). View Institutional Ownership Trends for Macro Bank.

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 Indiana Trust & Investment Management CO. View Insider Buying and Selling for Macro Bank.

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.

What is Macro Bank's stock price today?

One share of Macro Bank stock can currently be purchased for approximately $125.87.


MarketBeat Community Rating for Macro Bank (NYSE BMA)
Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  108 (Vote Outperform)
Underperform Votes:  136 (Vote Underperform)
Total Votes:  244
MarketBeat's community ratings are surveys of what our community members think about Macro Bank and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Macro Bank (NYSE:BMA) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $113.70 (9.67% downside)
Consensus Price Target History for Macro Bank (NYSE:BMA)
Price Target History for Macro Bank (NYSE:BMA)
Analysts' Ratings History for Macro Bank (NYSE:BMA)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/11/2017Goldman Sachs Group, Inc. (The)DowngradeBuy -> Neutral$113.70MediumView Rating Details
9/8/2017SantanderDowngradeHold -> UnderperformLowView Rating Details
6/13/2017Credit Suisse GroupUpgradeNeutral -> OutperformHighView Rating Details
2/16/2017J P Morgan Chase & CoDowngradeOverweight -> NeutralN/AView Rating Details
5/23/2016Citigroup Inc.UpgradeSell -> NeutralN/AView Rating Details
(Data available from 10/17/2015 forward)

Earnings

Earnings History for Macro Bank (NYSE:BMA)
Earnings by Quarter for Macro Bank (NYSE:BMA)
Earnings History by Quarter for Macro Bank (NYSE BMA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/8/2017        
11/9/2016Q3$1.61$1.83$403.26 millionViewListenView Earnings Details
11/10/2015Q3 2015$1.82$2.01$466.97 millionViewN/AView Earnings Details
5/11/2015Q2 2015$1.72$1.55$356.56 million$447.77 millionViewN/AView Earnings Details
2/18/2015Q4 2014$1.50$1.13$353.81 millionViewN/AView Earnings Details
11/10/2014Q3 2014$1.57$1.99$406.38 millionViewN/AView Earnings Details
8/6/2014Q2 2014$1.62$1.54$350.16 millionViewN/AView Earnings Details
5/22/2014$1.68$2.53ViewN/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: $8.12 EPS
Next Year EPS Consensus Estimate: $9.48 EPS

Dividends

Current Dividend Information for Macro Bank (NYSE:BMA)
Most Recent Dividend:6/23/2017
Annual Dividend:$0.75
Dividend Yield:0.60%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:10.12% (Trailing 12 Months of Earnings)
9.24% (Based on This Year's Estimates)
7.91% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Macro Bank (NYSE:BMA)

Dividend History by Quarter for Macro Bank (NYSE BMA)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
6/14/2017...$0.000.86%6/14/20176/16/20176/23/2017
6/1/2017special$0.750.84%6/8/20176/12/20176/20/2017
8/4/2016$0.678/12/20168/16/20168/16/2016
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Macro Bank (NYSE:BMA)
Institutional Ownership Percentage: 28.00%
Insider Trades by Quarter for Macro Bank (NYSE:BMA)
Institutional Ownership by Quarter for Macro Bank (NYSE:BMA)
Insider Trades by Quarter for Macro Bank (NYSE:BMA)
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

Headline Trends for Macro Bank (NYSE:BMA)
Latest Headlines for Macro Bank (NYSE:BMA)
Source:
DateHeadline
americanbankingnews.com logoMacro Bank Inc. (BMA) Downgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - October 17 at 8:26 PM
americanbankingnews.com logoMacro Bank Inc. (BMA) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - October 11 at 2:50 AM
finance.yahoo.com logoETFs with exposure to Banco Macro SA : October 3, 2017
finance.yahoo.com - October 3 at 4:27 PM
americanbankingnews.com logoFirst Commonwealth Financial Corporation (FCF) and Macro Bank (BMA) Head to Head Analysis
www.americanbankingnews.com - October 1 at 2:20 PM
finance.yahoo.com logoETFs with exposure to Banco Macro SA : September 22, 2017
finance.yahoo.com - September 22 at 3:35 PM
bloomberg.com logoRecord inflows just the start for Asia's highest yield debt
www.bloomberg.com - September 18 at 2:20 AM
americanbankingnews.com logoMacro Bank Inc. (BMA) Receives Consensus Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - September 16 at 3:10 AM
thestreet.com logoDow Posts Fresh Record, Third in a Row, but S&P 500 and Nasdaq Fall
www.thestreet.com - September 14 at 5:14 PM
seekingalpha.com logoCurrency Outlook: Global Policy Convergence Will Likely Weigh On The U.S. Dollar
seekingalpha.com - September 13 at 10:50 PM
americanbankingnews.com logoMacro Bank Inc. (BMA) Downgraded by Goldman Sachs Group, Inc. (The) to Neutral
www.americanbankingnews.com - September 11 at 11:32 PM
finance.yahoo.com logoBanco Macro SA :BMA-US: Earnings Analysis: Q2, 2017 By the Numbers : September 8, 2017
finance.yahoo.com - September 8 at 10:03 PM
americanbankingnews.com logoMacro Bank Inc. (BMA) Cut to Underperform at Santander
www.americanbankingnews.com - September 8 at 11:30 AM
americanbankingnews.com logoMacro Bank Inc. (BMA) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - August 22 at 2:58 AM
americanbankingnews.com logoMacro Bank (BMA) and Canadian Imperial Bank of Commerce (CM) Financial Comparison
www.americanbankingnews.com - August 20 at 4:22 PM
finance.yahoo.com logoBanco Macro SA: Strong price momentum but will it sustain?
finance.yahoo.com - August 15 at 5:26 PM
finance.yahoo.com logoBanco Macro Announces Results for the Second Quarter of 2017
finance.yahoo.com - August 9 at 9:48 PM
americanbankingnews.com logoMacro Bank Inc. (BMA) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - July 28 at 11:20 AM
americanbankingnews.com logoMacro Bank Inc. (NYSE:BMA) Expected to Announce Earnings of $2.11 Per Share
www.americanbankingnews.com - July 25 at 6:22 PM
americanbankingnews.com logoShort Interest in Macro Bank Inc. (BMA) Declines By 50.2%
www.americanbankingnews.com - July 20 at 7:27 AM
finance.yahoo.com logoBanco Macro Is Said to Withdraw Offer to Buy Patagonia Stake
finance.yahoo.com - July 19 at 5:50 PM
finance.yahoo.com logoShould Value Investors Pick Macro Bank (BMA) Stock?
finance.yahoo.com - July 12 at 5:10 PM
finance.yahoo.com logoBanco Macro S.A. Announces the Full Exercise of the Underwriters' Option to Purchase Additional American Depositary Shares
finance.yahoo.com - July 11 at 4:55 PM
us.rd.yahoo.com logoBanco Macro Announces Results for the Fourth Quarter of 2016
us.rd.yahoo.com - February 16 at 7:55 AM
investorplace.com logoHottest Financial Stocks Now - CIVB OXBR OZM FCCO - Investorplace.com
investorplace.com - December 2 at 10:11 AM
nasdaq.com logoRSI Alert: Banco Macro (BMA) Now Oversold - Nasdaq
www.nasdaq.com - November 11 at 8:30 PM
seekingalpha.com logoBanco Macro's (BMA) Q3 2016 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - November 11 at 8:30 PM
nasdaq.com logoBanco Macro S.A. Announces Pricing of Notes Offering Under Medium-Term Note Program
www.nasdaq.com - November 3 at 8:55 PM
prnewswire.com logoBanco Macro S.A. Announces Pricing of Notes Offering Under Medium-Term Note Program - PR Newswire (press release)
www.prnewswire.com - November 2 at 12:46 PM
prnewswire.com logoBanco Macro S.A. Announces Notes Offering Under Medium-Term Note Program - PR Newswire (press release)
www.prnewswire.com - October 25 at 8:45 AM
seekingalpha.com logoBanco Macro S.A. plans to offer up to $400M notes
seekingalpha.com - October 24 at 12:36 PM

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Chart

Macro Bank (BMA) Chart for Tuesday, October, 17, 2017

This page was last updated on 10/17/2017 by MarketBeat.com Staff

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