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 - NEC
  • Sub-Industry: N/A
  • Symbol: NYSE:BMA
  • CUSIP: N/A
  • Web: www.macro.com.ar
Capitalization:
  • Market Cap: $51.31 billion
  • Outstanding Shares: 584,563,000
Average Prices:
  • 50 Day Moving Avg: $89.84
  • 200 Day Moving Avg: $84.30
  • 52 Week Range: $61.12 - $97.86
P/E:
  • Trailing P/E Ratio: 125.94
  • Foreward P/E Ratio: 9.26
  • P/E Growth: 0.59
Sales & Book Value:
  • Annual Revenue: $1.29 billion
  • Price / Sales: 39.78
  • Book Value: $2.41 per share
  • Price / Book: 36.42
Dividend:
  • Annual Dividend: $1.50
  • Dividend Yield: 1.7%
Profitability:
  • Net Margins: 18.12%
  • Return on Equity: 32.10%
  • Return on Assets: 4.87%
Debt:
  • Debt-to-Equity Ratio: 0.26%
  • Current Ratio: 1.20%
  • Quick Ratio: 1.20%
Misc:
  • Average Volume: 226,883 shs.
  • Beta: 1.41
  • Short Ratio: 0.74
 
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. Stockholders 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 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 quarterly earnings results on Wednesday, November, 9th. The company reported $1.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.61 by $0.22. The firm had revenue of $403.26 million for the quarter. Macro Bank had a net margin of 18.12% and a return on equity of 32.10%. View Macro Bank's Earnings History.

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

3 equities research analysts have issued 12-month target prices for Macro Bank's stock. Their forecasts range from $86.50 to $86.50. On average, they anticipate Macro Bank's stock price to reach $86.50 in the next year. View Analyst Ratings for Macro Bank.

Are investors shorting Macro Bank?

Macro Bank saw a drop in short interest in the month of June. As of June 30th, there was short interest totalling 290,942 shares, a drop of 50.2% from the June 15th total of 584,685 shares. Based on an average daily trading volume, of 422,362 shares, the days-to-cover ratio is currently 0.7 days.

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 many different of institutional and retail investors. Top institutional investors include Genesis Asset Managers LLP (0.20%), Opera Trading Capital (0.01%), Manning & Napier Advisors LLC (0.01%), Fisher Asset Management LLC (0.00%), Rothschild Investment Corp IL (0.00%) and NN Investment Partners Holdings N.V. (0.00%). 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 Manning & Napier Advisors LLC. View Insider Buying and Selling 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 Genesis Asset Managers LLP, Opera Trading Capital and Fisher Asset Management LLC. 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 $87.78.


MarketBeat Community Rating for Macro Bank (NYSE BMA)
Community Ranking:  2.2 out of 5 ( )
Outperform Votes:  71 (Vote Outperform)
Underperform Votes:  89 (Vote Underperform)
Total Votes:  160
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 Hold Rating, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $86.50 (1.46% downside)

Analysts' Ratings History for Macro Bank (NYSE:BMA)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/13/2017Credit Suisse GroupUpgradeNeutral -> OutperformHighView Rating Details
2/16/2017J P Morgan Chase & CoDowngradeOverweight -> NeutralN/AView Rating Details
9/26/2016Goldman Sachs Group, Inc. (The)UpgradeNeutral -> Buy$83.90 -> $86.50N/AView Rating Details
5/23/2016Citigroup Inc.UpgradeSell -> NeutralN/AView Rating Details
3/23/2016SantanderInitiated CoverageHold$73.00N/AView Rating Details
(Data available from 7/23/2015 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
11/9/2016Q3$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: $8.50 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:$1.50
Dividend Yield:1.71%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:19.92% (Trailing 12 Months of Earnings)
17.65% (Based on This Year's Estimates)
15.82% (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: 23.28%
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 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
americanbankingnews.com logo Analysts Anticipate Macro Bank Inc. (BMA) Will Post Earnings of $2.16 Per Share
www.americanbankingnews.com - June 29 at 2:38 PM
americanbankingnews.com logoMacro Bank Inc. (BMA) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - June 23 at 9:00 PM
americanbankingnews.com logoMacro Bank Inc. (BMA) Downgraded by Zacks Investment Research
www.americanbankingnews.com - June 21 at 7:32 PM
americanbankingnews.com logoMacro Bank Inc. (BMA) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - June 16 at 7:00 PM
finance.yahoo.com logoBanco 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
americanbankingnews.com logoZacks Investment Research Lowers Macro Bank Inc. (BMA) to Hold
www.americanbankingnews.com - June 15 at 7:41 PM
americanbankingnews.com logoMacro Bank Inc. (BMA) Announces $0.00 ... Dividend
www.americanbankingnews.com - June 14 at 7:20 PM
finance.yahoo.com logoBanco Macro S.A. Announces Pricing of Primary Follow-on Offering
finance.yahoo.com - June 13 at 6:01 PM
americanbankingnews.com logoMacro Bank Inc. (BMA) Lifted to Outperform at Credit Suisse Group
www.americanbankingnews.com - June 13 at 8:28 AM
finance.yahoo.com logoETFs with exposure to Banco Macro SA : June 9, 2017
finance.yahoo.com - June 9 at 4:31 PM
finance.yahoo.com logoBanco 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
americanbankingnews.com logoBanco Macro SA (BMA) Downgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - June 6 at 6:54 PM
finance.yahoo.com logoBanco Macro (BMA) in Focus: Stock Moves 5.4% Higher
finance.yahoo.com - June 6 at 4:07 PM
americanbankingnews.com logoBanco Macro SA (BMA) Upgraded at Zacks Investment Research
www.americanbankingnews.com - June 5 at 7:32 PM
americanbankingnews.com logoBanco Macro SA (BMA) Expected to Announce Earnings of $2.16 Per Share
www.americanbankingnews.com - June 5 at 12:47 PM
americanbankingnews.com logoBanco Macro SA (BMA) Plans Special Dividend of $0.75
www.americanbankingnews.com - June 1 at 6:52 PM
finance.yahoo.com logoBanco Macro S.A. Announces Primary Follow-on Offering
finance.yahoo.com - May 27 at 2:06 AM
americanbankingnews.com logoZacks Investment Research Lowers Banco Macro SA (BMA) to Hold
www.americanbankingnews.com - May 23 at 7:28 PM
americanbankingnews.com logoBanco Macro SA (BMA) Upgraded to "Strong-Buy" at Zacks Investment Research
www.americanbankingnews.com - May 11 at 6:34 PM
finance.yahoo.com logoBanco Macro Announces Results for the First Quarter of 2017
finance.yahoo.com - May 10 at 9:10 PM
americanbankingnews.com logoBanco Macro SA (BMA) Expected to Post Earnings of $1.79 Per Share
www.americanbankingnews.com - May 9 at 10:20 PM
americanbankingnews.com logoBanco Macro SA (BMA) Given News Sentiment Score of 0.17
www.americanbankingnews.com - May 4 at 4:32 PM
americanbankingnews.com logoBanco Macro SA (BMA) Receives News Sentiment Score of 0.69
www.americanbankingnews.com - April 28 at 7:39 AM
finance.yahoo.com logoArgentina’s Stock Market Is Soaring: Will It Continue?
finance.yahoo.com - April 27 at 9:26 PM
finance.yahoo.com logoBanco 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
finance.yahoo.com logoBanco Macro S.A. Informs the Market of the Filing of its Annual Report on Form 20-F for the Fiscal Year Ended December 31, 2016
finance.yahoo.com - April 25 at 12:33 PM
finance.yahoo.com logoBanco Macro S.A. -- Moody's rates B3 Banco Macro S.A's peso notes
finance.yahoo.com - April 21 at 4:04 PM
americanbankingnews.com logoBanco Macro SA (BMA) Receives Media Sentiment Score of -0.02
www.americanbankingnews.com - April 20 at 4:05 PM
americanbankingnews.com logoZacks: Brokerages Expect Banco Macro SA (BMA) Will Announce Earnings of $1.79 Per Share
www.americanbankingnews.com - April 19 at 8:18 AM
finance.yahoo.com logoIs Banco Macro a Suitable Stock for Value Investors?
finance.yahoo.com - April 17 at 11:58 AM
americanbankingnews.com logoBanco Macro SA (BMA) Receiving Somewhat Critical Press Coverage, Study Finds
www.americanbankingnews.com - April 15 at 11:21 AM
finance.yahoo.com logoMacro Bank (BMA): Strong Industry, Solid Earnings Estimate Revisions
finance.yahoo.com - March 28 at 1:07 PM
americanbankingnews.com logoBanco Macro SA (BMA) Receives Average Rating of “Hold” from Analysts
www.americanbankingnews.com - March 13 at 1:17 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
finance.yahoo.com logoShould Value Investors Consider Banco Macro (BMA) Stock?
finance.yahoo.com - February 2 at 4:06 PM
finance.yahoo.com logoSpinnaker Capital LTD Sells Banco Macro SA, Grupo Financiero Galicia SA
finance.yahoo.com - January 26 at 4:40 PM
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
finance.yahoo.com logoBanco Macro S.A. Announces Notes Offering Under Medium-Term Note Program
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
finance.yahoo.com - October 24 at 3:51 PM
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 Sunday, July, 23, 2017

This page was last updated on 7/23/2017 by MarketBeat.com Staff