Banco 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: $7.50495 billion
- Outstanding Shares: 65,856,000
Average Prices:- 50 Day Moving Avg: $98.40
- 200 Day Moving Avg: $90.15
- 52 Week Range: $61.12 - $114.33
P/E:- Trailing P/E Ratio: 18.23
- Foreward P/E Ratio: 12.36
- P/E Growth: 0.78
Sales & Book Value:- Annual Revenue: $1.35 billion
- Price / Sales: 5.56
- Book Value: $31.50 per share
- Price / Book: 3.62
Dividend:- Annual Dividend: $0.75
- Dividend Yield: 0.7%
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: 212,698 shs.
- Beta: 1.37
- 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 given a dividend of $0.002 per share on Friday, June 23rd. This represents a dividend yield of 0.86%. The ex-dividend date is Wednesday, June 14th. View Macro Bank's Dividend History.
How were Macro Bank's earnings last quarter?
Macro Bank Inc. (NYSE:BMA) released its quarterly earnings data on Wednesday, November, 9th. The company reported $1.83 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.61 by $0.22. The company 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?
Where is Macro Bank's stock going? Where will Macro Bank's stock price be in 2017?
4 brokers have issued 1-year target prices for Macro Bank's stock. Their forecasts range from $113.70 to $113.70. On average, they anticipate Macro Bank's stock price to reach $113.70 in the next year. View Analyst Ratings for Macro Bank.
Who are some of Macro Bank's key competitors?
Some companies that are related to Macro Bank include Mizuho Financial Group (MFG), Huntington Bancshares Incorporated (HBAN), Banco Santander-Chile (BSAC), Comerica Incorporated (CMA), BanColombia S.A. (CIB), SVB Financial Group (SIVB), Grupo Supervielle SA -ADR (SUPV), East West Bancorp (EWBC), Mitsubishi UFJ Financial Group (MTU), Signature Bank (SBNY), Grupo Financiero Galicia S.A. (GGAL), CIT Group (CIT), New York Community Bancorp (NYCB), Bank of the Ozarks (OZRK), Cullen/Frost Bankers (CFR), PacWest Bancorp (PACW), Commerce Bancshares (CBSH) and Synovus Financial Corp. (SNV).
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 many different of institutional and retail investors. Top institutional shareholders include Carmignac Gestion (2.99%), PointState Capital LP (2.94%), Genesis Asset Managers LLP (0.20%), Third Point LLC (0.15%), Alliancebernstein L.P. (0.09%) and William Blair Investment Management LLC (0.08%). View Institutional Ownership Trends for Macro Bank.
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 Goldman Sachs Group Inc., OxFORD Asset Management LLP, Dupont Capital Management Corp, Franklin Resources Inc., Wasatch Advisors Inc., BARING ASSET MANAGEMENT Ltd, Victory Capital Management Inc. and Arrowstreet Capital Limited Partnership. View Insider Buying and Selling for Macro Bank.
Who bought Macro Bank stock? Who is buying Macro Bank stock?
Macro Bank's stock was acquired by a variety of institutional investors in the last quarter, including Carmignac Gestion, PointState Capital LP, Third Point LLC, Bamco Inc. NY, Alliancebernstein L.P., FMR LLC, DSAM Partners London Ltd and Wells Fargo & Company MN. 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 $113.96.
MarketBeat Community Rating for Macro Bank (NYSE BMA)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.
Consensus Ratings for Macro Bank (NYSE:BMA) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Sell Rating, 2 Hold Ratings, 1 Buy Rating |
| Consensus Rating: | Hold (Score: 2.00) |
| Consensus Price Target: | $113.70 (0.23% downside) |
Analysts' Ratings History for Macro Bank (NYSE:BMA)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 9/11/2017 | Goldman Sachs Group, Inc. (The) | Downgrade | Buy -> Neutral | $113.70 | Medium |  |
| 9/8/2017 | Santander | Downgrade | Hold -> Underperform | | Low | |
| 6/13/2017 | Credit Suisse Group | Upgrade | Neutral -> Outperform | | High | |
| 2/16/2017 | J P Morgan Chase & Co | Downgrade | Overweight -> Neutral | | N/A | |
| 5/23/2016 | Citigroup Inc. | Upgrade | Sell -> Neutral | | N/A | |
(Data available from 9/24/2015 forward)
Earnings History for Macro Bank (NYSE:BMA)Earnings History by Quarter for Macro Bank (NYSE BMA)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/8/2017 | | | | | | | | |
| 11/9/2016 | Q3 | $1.61 | $1.83 | | $403.26 million | View | Listen | |
| 11/10/2015 | Q3 2015 | $1.82 | $2.01 | | $466.97 million | View | N/A | |
| 5/11/2015 | Q2 2015 | $1.72 | $1.55 | $356.56 million | $447.77 million | View | N/A | |
| 2/18/2015 | Q4 2014 | $1.50 | $1.13 | | $353.81 million | View | N/A | |
| 11/10/2014 | Q3 2014 | $1.57 | $1.99 | | $406.38 million | View | N/A | |
| 8/6/2014 | Q2 2014 | $1.62 | $1.54 | | $350.16 million | View | N/A | |
| 5/22/2014 | | $1.68 | $2.53 | | | View | N/A | |
| 2/20/2014 | | $1.51 | $2.50 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Macro Bank (NYSE:BMA)Current Year EPS Consensus Estimate: $8.61 EPS
Next Year EPS Consensus Estimate: $9.22 EPS
Current Dividend Information for Macro Bank (NYSE:BMA)| Most Recent Dividend: | 6/23/2017 |
| Annual Dividend: | $0.75 |
| Dividend Yield: | 0.66% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 10.12% (Trailing 12 Months of Earnings)
8.71% (Based on This Year's Estimates)
8.13% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Macro Bank (NYSE BMA)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 6/14/2017 | ... | $0.00 | 0.86% | 6/14/2017 | 6/16/2017 | 6/23/2017 |
| 6/1/2017 | special | $0.75 | 0.84% | 6/8/2017 | 6/12/2017 | 6/20/2017 |
| 8/4/2016 | | $0.67 | | 8/12/2016 | 8/16/2016 | 8/16/2016 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Macro Bank (NYSE:BMA)Institutional Ownership Percentage: 31.55%
Insider Trades by Quarter for Macro Bank (NYSE:BMA)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 6/30/2015 | Karl Eric Kottmeier | Director | Buy | 150,000 | $0.05 | $7,500.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Macro Bank (NYSE:BMA)
Latest Headlines for Macro Bank (NYSE:BMA)
| Source: |
|
| Date | Headline |
|---|
 | ETFs with exposure to Banco Macro SA : September 22, 2017
finance.yahoo.com - September 22 at 3:35 PM |
 | Record inflows just the start for Asia's highest yield debt
www.bloomberg.com - September 18 at 2:20 AM |
 | Macro Bank Inc. (BMA) Receives Consensus Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - September 16 at 3:10 AM |
 | Dow Posts Fresh Record, Third in a Row, but S&P 500 and Nasdaq Fall
www.thestreet.com - September 14 at 5:14 PM |
 | Currency Outlook: Global Policy Convergence Will Likely Weigh On The U.S. Dollar
seekingalpha.com - September 13 at 10:50 PM |
| Macro Bank Inc. (BMA) Downgraded by Goldman Sachs Group, Inc. (The) to Neutral
www.americanbankingnews.com - September 11 at 11:32 PM |
| Banco Macro SA :BMA-US: Earnings Analysis: Q2, 2017 By the Numbers : September 8, 2017
finance.yahoo.com - September 8 at 10:03 PM |
| Macro Bank Inc. (BMA) Cut to Underperform at Santander
www.americanbankingnews.com - September 8 at 11:30 AM |
| Macro Bank Inc. (BMA) Lifted to "Buy" at Zacks Investment Research
www.americanbankingnews.com - September 5 at 7:10 PM |
| Macro Bank Inc. (BMA) Upgraded to "Strong-Buy" at ValuEngine
www.americanbankingnews.com - September 3 at 8:26 PM |
| Zacks: Analysts Anticipate Macro Bank Inc. (BMA) to Post $2.36 EPS
www.americanbankingnews.com - August 31 at 8:08 AM |
| BidaskClub Upgrades Macro Bank Inc. (BMA) to "Buy"
www.americanbankingnews.com - August 26 at 6:40 PM |
| Macro Bank Inc. (BMA) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - August 22 at 2:58 AM |
| Macro Bank (BMA) and Canadian Imperial Bank of Commerce (CM) Financial Comparison
www.americanbankingnews.com - August 20 at 4:22 PM |
| Macro Bank Inc. (BMA) Upgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - August 18 at 6:26 PM |
| Banco Macro SA: Strong price momentum but will it sustain?
finance.yahoo.com - August 15 at 5:26 PM |
| Banco Macro Announces Results for the Second Quarter of 2017
finance.yahoo.com - August 9 at 9:48 PM |
| Macro Bank Inc. (NYSE:BMA) Downgraded by Zacks Investment Research
www.americanbankingnews.com - August 9 at 7:58 PM |
| Macro Bank Inc. (BMA) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - August 2 at 8:26 PM |
| Macro Bank Inc. (BMA) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - July 28 at 11:20 AM |
| Macro Bank Inc. (NYSE:BMA) Expected to Announce Earnings of $2.11 Per Share
www.americanbankingnews.com - July 25 at 6:22 PM |
| Short Interest in Macro Bank Inc. (BMA) Declines By 50.2%
www.americanbankingnews.com - July 20 at 7:27 AM |
| Banco Macro Is Said to Withdraw Offer to Buy Patagonia Stake
finance.yahoo.com - July 19 at 5:50 PM |
| Should Value Investors Pick Macro Bank (BMA) Stock?
finance.yahoo.com - July 12 at 5:10 PM |
| Banco 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 |
| Analysts Anticipate Macro Bank Inc. (BMA) Will Post Earnings of $2.16 Per Share
www.americanbankingnews.com - June 29 at 2:38 PM |
| Macro Bank Inc. (BMA) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - June 23 at 9:00 PM |
| Macro Bank Inc. (BMA) Downgraded by Zacks Investment Research
www.americanbankingnews.com - June 21 at 7:32 PM |
| Macro Bank Inc. (BMA) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - June 16 at 7:00 PM |
| Banco Macro SA : BMA-US: Dividend Analysis : June 16th, 2017 (record date) : By the numbers : June 16, 2017
finance.yahoo.com - June 16 at 4:42 PM |
| Zacks Investment Research Lowers Macro Bank Inc. (BMA) to Hold
www.americanbankingnews.com - June 15 at 7:41 PM |
| Macro Bank Inc. (BMA) Announces $0.00 ... Dividend
www.americanbankingnews.com - June 14 at 7:20 PM |
| Banco Macro S.A. Announces Pricing of Primary Follow-on Offering
finance.yahoo.com - June 13 at 6:01 PM |
| Macro Bank Inc. (BMA) Lifted to Outperform at Credit Suisse Group
www.americanbankingnews.com - June 13 at 8:28 AM |
| ETFs with exposure to Banco Macro SA : June 9, 2017
finance.yahoo.com - June 9 at 4:31 PM |
| Banco Macro SA : BMA-US: Dividend Analysis : June 12th, 2017 (record date) : By the numbers : June 8, 2017
finance.yahoo.com - June 8 at 4:50 PM |
| Banco Macro SA (BMA) Downgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - June 6 at 6:54 PM |
| Banco Macro (BMA) in Focus: Stock Moves 5.4% Higher
finance.yahoo.com - June 6 at 4:07 PM |
| Banco Macro SA (BMA) Upgraded at Zacks Investment Research
www.americanbankingnews.com - June 5 at 7:32 PM |
| Banco Macro SA (BMA) Expected to Announce Earnings of $2.16 Per Share
www.americanbankingnews.com - June 5 at 12:47 PM |
| Banco Macro SA (BMA) Plans Special Dividend of $0.75
www.americanbankingnews.com - June 1 at 6:52 PM |
| Banco Macro S.A. Announces Primary Follow-on Offering
finance.yahoo.com - May 27 at 2:06 AM |
| Zacks Investment Research Lowers Banco Macro SA (BMA) to Hold
www.americanbankingnews.com - May 23 at 7:28 PM |
| Banco Macro SA (BMA) Upgraded to "Strong-Buy" at Zacks Investment Research
www.americanbankingnews.com - May 11 at 6:34 PM |
| Banco Macro Announces Results for the First Quarter of 2017
finance.yahoo.com - May 10 at 9:10 PM |
| Banco Macro SA (BMA) Expected to Post Earnings of $1.79 Per Share
www.americanbankingnews.com - May 9 at 10:20 PM |
| Banco Macro SA (BMA) Given News Sentiment Score of 0.17
www.americanbankingnews.com - May 4 at 4:32 PM |
| Banco Macro SA (BMA) Receives News Sentiment Score of 0.69
www.americanbankingnews.com - April 28 at 7:39 AM |
| Argentina’s Stock Market Is Soaring: Will It Continue?
finance.yahoo.com - April 27 at 9:26 PM |
| Banco Macro S.A. Informs the Market of the Filing of its Annual Report on Form 20-F for the Fiscal Year …
finance.yahoo.com - April 26 at 1:09 PM |
Macro Bank (BMA) Chart for Sunday, September, 24, 2017
