NYSE:BMA - Banco Macro Stock Price, News, & Analysis

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$47.46 +1.50 (+3.26 %)
(As of 11/16/2018 04:00 PM ET)
Previous Close$47.46
Today's Range$45.95 - $48.1950
52-Week Range$32.00 - $121.90
Volume197,789 shs
Average Volume312,375 shs
Market Capitalization$2.92 billion
P/E Ratio5.49
Dividend Yield5.04%
Beta0.97
Banco Macro S.A. 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. The company also provides personal loans, document discounts, mortgages, overdrafts, pledged loans, and credit card loans to retail customers. In addition, it offers corporate banking products and services that include deposits, lending, check cashing advances and factoring, guaranteed loans, credit lines for financing foreign trade, and cash management services. Further, the company provides trust, payroll, and financial agency services, as well as corporate credit cards and other specialty products; transaction services, such as collection services, payments to suppliers, payroll services, foreign exchange transactions, and foreign trade services; and information services, such as Datanet and Interpymes services to corporate customers. As of December 31, 2017, it operated through a network of 445 branches, 1,443 ATMs, 912 self-service terminals, and service points. Banco Macro S.A. also offers Internet banking services. The company was incorporated in 1988 and is headquartered in Buenos Aires, Argentina.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Commercial banks, not elsewhere classified
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:BMA
Previous Symbol
CUSIPN/A
Phone54-11-5222-6500

Debt

Debt-to-Equity Ratio0.43
Current Ratio1.17
Quick Ratio1.17

Price-To-Earnings

Trailing P/E Ratio5.49
Forward P/E Ratio8.33
P/E Growth0.57

Sales & Book Value

Annual Sales$2.21 billion
Price / Sales1.41
Cash Flow$9.2515 per share
Price / Cash5.13
Book Value$39.56 per share
Price / Book1.20

Profitability

EPS (Most Recent Fiscal Year)$8.65
Net Income$567.08 million
Net Margins25.56%
Return on Equity26.38%
Return on Assets5.20%

Miscellaneous

Employees8,774
Outstanding Shares65,860,000
Market Cap$2.92 billion
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 declared a special dividend on Friday, May 4th. Stockholders of record on Monday, May 14th will be given a dividend of $2.2345 per share on Tuesday, May 22nd. This represents a dividend yield of 0.91%. The ex-dividend date of this dividend is Friday, May 11th. This is a boost from Banco Macro's previous special dividend of $0.75. View Banco Macro's Dividend History.

How were Banco Macro's earnings last quarter?

Banco Macro SA ADR (NYSE:BMA) issued its quarterly earnings results on Wednesday, August, 22nd. The bank reported $2.02 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $2.14 by $0.12. The bank had revenue of $477.98 million for the quarter, compared to the consensus estimate of $348.92 million. Banco Macro had a net margin of 25.56% and a return on equity of 26.38%. View Banco Macro's Earnings History.

When is Banco Macro's next earnings date?

Banco Macro is scheduled to release their next quarterly earnings announcement on Wednesday, November 21st 2018. View Earnings Estimates for Banco Macro.

What price target have analysts set for BMA?

5 equities research analysts have issued 12 month target prices for Banco Macro's shares. Their predictions range from $50.00 to $50.00. On average, they expect Banco Macro's share price to reach $50.00 in the next year. This suggests a possible upside of 5.4% from the stock's current price. View Analyst Price Targets for Banco Macro.

What is the consensus analysts' recommendation for Banco Macro?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Banco Macro in the last year. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings 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 headlines about BMA stock have been trending somewhat positive this week, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Banco Macro earned a media sentiment score of 1.7 on InfoTrie's scale. They also assigned media headlines about the bank a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near future.

Who are some of Banco Macro's key competitors?

Who are Banco Macro's key executives?

Banco Macro's management team includes the folowing people:
  • Mr. Gustavo Alejandro Manriquez, CEO & GM (Age 49)
  • Mr. Jorge Francisco Scarinci, CFO and Fin. & IR Mang. (Age 48)
  • Mr. Ricardo Mendoza Albán, Operations & Technology Mang. (Age 50)
  • Mr. Agustín Devoto, Investment Banking Mang. (Age 42)
  • Ms. María José Perez Vanmorlegan, Legal Mang. & Gen. Counsel (Age 44)

Who are Banco Macro's major shareholders?

Banco Macro's stock is owned by a number of of institutional and retail investors. Top institutional investors include Hsbc Holdings PLC (3.23%), BlackRock Inc. (2.46%), Alliancebernstein L.P. (2.05%), Odey Asset Management Group Ltd (1.74%), Schroder Investment Management Group (1.00%) and Baillie Gifford & Co. (0.69%). 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 Wells Fargo & Company MN, FMR LLC, Bamco Inc. NY, Standard Life Aberdeen plc, Banco Santander S.A., Mackenzie Financial Corp, Highland Capital Management LP and Schroder Investment Management Group. View Insider Buying and Selling for Banco Macro.

Which institutional investors are buying Banco Macro stock?

BMA stock was acquired by a variety of institutional investors in the last quarter, including Hsbc Holdings PLC, Odey Asset Management Group Ltd, Baillie Gifford & Co., BlackRock Inc., Cornerstone Wealth Management LLC, Massachusetts Financial Services Co. MA, Alliancebernstein L.P. and Mirae Asset Global Investments Co. Ltd.. 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, Scottrade, Fidelity and Charles Schwab.

What is Banco Macro's stock price today?

One share of BMA stock can currently be purchased for approximately $47.46.

How big of a company is Banco Macro?

Banco Macro has a market capitalization of $2.92 billion and generates $2.21 billion in revenue each year. The bank earns $567.08 million in net income (profit) each year or $8.65 on an earnings per share basis. Banco Macro employs 8,774 workers across the globe.

What is Banco Macro's official website?

The official website for Banco Macro is http://www.macro.com.ar.

How can I contact Banco Macro?

Banco Macro's mailing address is SARMIENTO 447, BUENOS AIRES C1, 1041. The bank can be reached via phone at 54-11-5222-6500 or via email at [email protected]


MarketBeat Community Rating for Banco Macro (NYSE BMA)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  225 (Vote Outperform)
Underperform Votes:  254 (Vote Underperform)
Total Votes:  479
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.
This page was last updated on 11/17/2018 by MarketBeat.com Staff

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