Banco Macro SA 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.
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Industry, Sector and Symbol
Industry Commercial banks, not elsewhere classified
Sub-IndustryN/A
SectorFinance
Phone54-11-5222-6730
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$2.15 billion
Profitability
Miscellaneous
Employees9,028
Next Earnings Date11/26/2019 (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 an annual dividend on Monday, May 6th. Stockholders of record on Monday, May 13th will be given a dividend of $2.249 per share on Tuesday, May 21st. This represents a dividend yield of 4.69%. The ex-dividend date of this dividend is Friday, May 10th. View Banco Macro's Dividend History.
How were Banco Macro's earnings last quarter?
Banco Macro SA ADR (NYSE:BMA) issued its earnings results on Wednesday, August, 7th. The bank reported $2.59 EPS for the quarter, beating the consensus estimate of $2.16 by $0.43. The bank earned $465.92 million during the quarter. Banco Macro had a return on equity of 35.96% and a net margin of 21.12%. View Banco Macro's Earnings History.
When is Banco Macro's next earnings date?
What price target have analysts set for BMA?
7 analysts have issued 12-month target prices for Banco Macro's shares. Their forecasts range from $55.00 to $61.00. On average, they expect Banco Macro's stock price to reach $58.00 in the next year. This suggests a possible upside of 147.0% from the stock's current price. View Analyst Price Targets for Banco Macro.
What is the consensus analysts' recommendation for Banco Macro?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Banco Macro in the last year. There are currently 3 sell ratings, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Banco Macro.
Has Banco Macro been receiving favorable news coverage?
News coverage about BMA stock has been trending negative on Thursday, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Banco Macro earned a media sentiment score of -2.9 on InfoTrie's scale. They also assigned news stories about the bank a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for Banco Macro.
Who are some of Banco Macro's key competitors?
Some companies that are related to Banco Macro include Itau Corpbanca (ITCB), Bank of N.T. Butterfield & Son (NTB), Grupo Financiero Galicia (GGAL), SURUGA BANK ADR REP 10 (SUGBY), BBVA Banco Frances (BBAR), Banco Latinoamericano de Comerci Extr (BLX), Opus Bank (OPB), Peapack-Gladstone Financial (PGC), Metro Bank (MBNKF), Grupo Supervielle (SUPV), American Business Bank (AMBZ), Bco Com Portugues (BPCGY), Esquire Financial (ESQ), Mainstreet Bank Common Stock (Virginia) (MNSB) and MFC Bancorp (MFCB).
What other stocks do shareholders of Banco Macro own?
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 Services Mang. (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 BlackRock Inc. (4.50%), BlackRock Inc. (4.50%), Baillie Gifford & Co. (0.87%), Northern Trust Corp (0.64%), Man Group plc (0.51%) and Russell Investments Group Ltd. (0.48%). View Institutional Ownership Trends for Banco Macro.
Which institutional investors are selling Banco Macro stock?
BMA stock was sold by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, Schroder Investment Management Group, Morgan Stanley, Pendal Group Ltd, RWC Asset Management LLP, Bank of Montreal Can, Comgest Global Investors S.A.S. and Boston Partners. View Insider Buying and Selling for Banco Macro.
Which institutional investors are buying Banco Macro stock?
BMA stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., BlackRock Inc., Man Group plc, Northern Trust Corp, Renaissance Technologies LLC, Vanguard Group Inc., Prudential Financial Inc. and Acadian Asset Management LLC. 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, Robinhood, Fidelity and Charles Schwab.
What is Banco Macro's stock price today?
One share of BMA stock can currently be purchased for approximately $23.48.
How big of a company is Banco Macro?
Banco Macro has a market capitalization of $1.57 billion and generates $2.15 billion in revenue each year. The bank earns $-24,890,000.00 in net income (profit) each year or $7.82 on an earnings per share basis. Banco Macro employs 9,028 workers across the globe.View Additional Information About Banco Macro.
What is Banco Macro's official website?
How can I contact Banco Macro?
Banco Macro's mailing address is AVENIDA EDUARDO MADERO 1182 24TH FLOOR, BUENOS AIRES C1, 1106. The bank can be reached via phone at 54-11-5222-6730 or via email at [email protected]
MarketBeat Community Rating for Banco Macro (NYSE BMA)
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.
