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 - NEC
- Sub-Industry: N/A
- Symbol: NYSE:BMA
- CUSIP: N/A
- Web: www.macro.com.ar
Capitalization:- Market Cap: $5.53695 billion
- Outstanding Shares: 58,456,000
Average Prices:- 50 Day Moving Avg: $89.52
- 200 Day Moving Avg: $86.46
- 52 Week Range: $61.12 - $97.99
P/E:- Trailing P/E Ratio: 14.32
- Foreward P/E Ratio: 10.02
- P/E Growth: 0.65
Sales & Book Value:- Annual Revenue: $1.32 billion
- Price / Sales: 4.32
- Book Value: $34.34 per share
- Price / Book: 2.84
Dividend:- Annual Dividend: $0.75
- Dividend Yield: 0.8%
Profitability:- Net Margins: 17.98%
- Return on Equity: 31.43%
- Return on Assets: 4.68%
Debt:- Debt-to-Equity Ratio: 0.26%
- Current Ratio: 1.20%
- Quick Ratio: 1.20%
Misc:- Average Volume: 243,239 shs.
- Beta: 1.39
- 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 announced 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 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, topping the consensus estimate of $1.61 by $0.22. The company earned $403.26 million during the quarter. Macro Bank had a return on equity of 31.43% and a net margin of 17.98%. 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?
3 equities research analysts have issued twelve-month price targets for Macro Bank's shares. Their forecasts range from $86.50 to $86.50. On average, they anticipate Macro Bank's share 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 during 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 volume of 422,362 shares, the days-to-cover ratio is currently 0.7 days.
Who are some of Macro Bank's key competitors?
Some companies that are related to Macro Bank include BanColombia S.A. (CIB), SVB Financial Group (SIVB), East West Bancorp (EWBC), Grupo Supervielle SA -ADR (SUPV), Signature Bank (SBNY), CIT Group Inc (DEL) (CIT), New York Community Bancorp (NYCB), Commerce Bancshares (CBSH), Cullen/Frost Bankers (CFR), Grupo Financiero Galicia S.A. (GGAL), PacWest Bancorp (PACW), Bank of the Ozarks (OZRK), Synovus Financial Corp. (SNV), City National Corp (CYN), Webster Financial Corporation (WBS), TFS Financial Corporation (TFSL), First Citizens BancShares (FCNCA) and Popular (BPOP).
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 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 purchased 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 $97.51.
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 Hold Rating, 2 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.67) |
| Consensus Price Target: | $86.50 (11.29% downside) |
Analysts' Ratings History for Macro Bank (NYSE:BMA)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 6/13/2017 | Credit Suisse Group | Upgrade | Neutral -> Outperform | | High |  |
| 2/16/2017 | J P Morgan Chase & Co | Downgrade | Overweight -> Neutral | | N/A | |
| 9/26/2016 | Goldman Sachs Group, Inc. (The) | Upgrade | Neutral -> Buy | $83.90 -> $86.50 | N/A | |
| 5/23/2016 | Citigroup Inc. | Upgrade | Sell -> Neutral | | N/A | |
| 3/23/2016 | Santander | Initiated Coverage | Hold | $73.00 | N/A | |
(Data available from 8/19/2015 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: $8.67 EPS
Next Year EPS Consensus Estimate: $9.73 EPS
Current Dividend Information for Macro Bank (NYSE:BMA)| Most Recent Dividend: | 6/23/2017 |
| Annual Dividend: | $0.75 |
| Dividend Yield: | 0.77% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 10.12% (Trailing 12 Months of Earnings)
8.65% (Based on This Year's Estimates)
7.71% (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: 24.18%
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)
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Macro Bank (BMA) Chart for Saturday, August, 19, 2017
