Banco Macro S.A.
Banco Macro S.A.
Your view on BMA
Overview
What the company does, where it operates, and who runs it.
About Banco Macro S.A.
- Industry
- Banks - Regional
- Sector
- Financial Services
- CEO
- Juan Martin Parma
- Headquarters
- Avenida Eduardo Madero 1182, Buenos Aires, AR
- Industry
- Banks - Regional
- Sector
- Financial Services
- CEO
- Juan Martin Parma
- Headquarters
- Avenida Eduardo Madero 1182, Buenos Aires, AR
Banco Macro S.A. provides various banking products and services to retail and corporate customers in Argentina.
It offers various retail banking 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, residential mortgages, overdrafts, pledged loans, and credit card loans to retail customers.
In addition, it offers corporate banking products and services, including deposits, lending, check cashing advances and factoring, guaranteed loans, credit lines for financing foreign trade, and cash management services; and trust, payroll, and financial agency services, as well as corporate credit cards and other specialty products; and working capital facilities, credit for investment projects, and leasing and foreign trade transactions.
Further, the company provides transaction services, such as cash management, collection services, payments to suppliers, payroll services, foreign exchange transactions, and foreign trade services; information services comprising Datanet and Interpymes services to corporate customers; and Internet and mobile banking services.
Additionally, it offers short-term and medium-to-long-term corporate lending products. As of December 31, 2021, it operated through a network of 466 branches, 1,779 ATMs, 955 self-service terminals, and various service points. The company was incorporated in 1966 and is headquartered in Buenos Aires, Argentina.
Stock Data
Price chart, volume, and trading data.
FRC Fair Value Algorithm
What the FRC Fair Value algorithm says it is worth vs. the current price — FRC's own, on every stock.
About this section
Fair value for Banco Macro S.A. from FRC's valuation model, read against the market price. BMA last traded at $56.86, 14.3× trailing earnings — the estimate is read against that market price. The model runs on every stock on the platform and shows the estimate per share and the date it was calculated. A free account covers 3 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
About this section
Valuation, profitability, liquidity and leverage ratios for Banco Macro S.A.. Starting points for Banco Macro S.A.: P/E 14.3, EPS $6696.59, beta 0.50 — an Banks - Regional name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
About this section
Dividend history, yield and payout sustainability for Banco Macro S.A.. Banco Macro S.A. paid $4.87 per share over the last year — a 8.6% yield at the current $56.86 price. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
About this section
Reported vs. expected earnings history for Banco Macro S.A.. Trailing twelve-month EPS for Banco Macro S.A. stands at $6696.59. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Wall Street Analyst Estimates
Analysts' price targets, ratings, and revenue and EPS estimates.
Price targets, ratings and estimates published by outside analysts. Not FRC research, not a recommendation, and not the FRC Fair Value: that is FRC's proprietary model, built on the cash a company generates.
Current price
—
live quote
Analysts' target
$102.00
average of 3 firms, last 12 months
Analyst Ratings
- Strong Buy0
- Buy4
- Hold0
- Sell0
- Strong Sell0
Earnings Estimate
| EPS | Current QtrSep 2026 | Next QtrDec 2026 | Current YearFY Dec 2026 | Next YearFY Dec 2027 |
|---|---|---|---|---|
| Avg. estimate | ARS 2,445.23 | ARS 3,227.02 | ARS 11,989.47 | ARS 17,953.28 |
| Low estimate | ARS 1,443.37 | ARS 3,070.42 | ARS 11,165.19 | ARS 15,096.70 |
| High estimate | ARS 3,430.12 | ARS 3,354.58 | ARS 12,798.75 | ARS 20,793.26 |
| No. of analysts | 2 | 2 | 3 | 3 |
| Year-ago EPS | -ARS 517.601 | ARS 1.981 | ARS 5,281.601 | — |
| Growth | — | — | — | — |
1Year-ago EPS includes one-time items; growth not shown.
Revenue Estimate
| Revenue | Current QtrSep 2026 | Next QtrDec 2026 | Current YearFY Dec 2026 | Next YearFY Dec 2027 |
|---|---|---|---|---|
| Avg. estimate | ARS 1.37T | ARS 1.45T | ARS 6.15T | ARS 7.01T |
| Low estimate | ARS 1.32T | ARS 1.39T | ARS 4.21T | ARS 4.80T |
| High estimate | ARS 1.42T | ARS 1.49T | ARS 7.34T | ARS 8.36T |
| No. of analysts | 2 | 2 | 6 | 6 |
| Year-ago revenue | ARS 1.44T | ARS 1.20B | ARS 5.82T | — |
| Growth | -4.8% | +120352.1% | +5.8% | — |
Source: Wall Street analysts' published price targets, ratings and estimates, compiled by Financial Modeling Prep from StreetInsider; as of Nov 15, 2026. Not FRC research or a recommendation.
Financial Statements
Income statement, balance sheet, and cash flow statements.
About this section
Income statement, balance sheet and cash flow history for Banco Macro S.A.. Banco Macro S.A. has reported as a listed company since 2006. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
Peer companies
Market cap
- AVALGrupo Aval Acciones y Valores S.A.Banks - Regional$4.8B
- COLBColumbia Banking System, Inc.Banks - Regional$8.9B
- FNBF.N.B. CorporationBanks - Regional$6.4B
- HOMBHome Bancshares, Inc.Banks - Regional$6.0B
- PBProsperity Bancshares, Inc.Banks - Regional$8.8B
- UBSIUnited Bankshares, Inc.Banks - Regional$6.5B
- VLYValley National BancorpBanks - Regional$7.9B
More Banks - Regional companies
- NBGRYNational Bank of Greece S.A.OTC$15.2B
- NBHCNational Bank Holdings CorporationNYSE$1.6B
- NBNNortheast BankNASDAQ$1.1B
- NBNKFNordea Bank AbpOTC$66.6B
- NBTBNBT Bancorp Inc.NASDAQ$2.7B
- NDBKFNedbank Group LimitedOTC$8.0B
- NDBKYNedbank Group LimitedOTC$8.7B
- NECBNortheast Community Bancorp, Inc.NASDAQ$401M
- NEFBNeffs Bancorp, Inc.OTC$61M
- NEFBPNeffs Bancorp, Inc. PFD SER AOTC
- NEWTNewtekOne, Inc.NASDAQ$307M
- NEWTGNewtekOne, Inc. 8.50% Fixed Rate Senior Notes due 2029NASDAQ$303M
ETFs holding Banco Macro S.A.
% of the fund
- ARGTGlobal X - MSCI Argentina ETF$559M in assets4.28%
- IDVOAmplify CWP International Enhanced Dividend Income ETF$1.4B in assets0.96%
- DGSWisdomTree Emerging Markets SmallCap Dividend Fund$1.6B in assets0.14%
- FTHIFirst Trust BuyWrite Income ETF$2.5B in assets0.04%
- APIEActivePassive International Equity ETF$1.1B in assets0.04%
Largest holders first, then the funds most concentrated in BMA.
Institutional Ownership
Which funds and firms own the stock.
About this section
Which institutions hold Banco Macro S.A., and how their positions are changing. At a $3.64B market value, institutional positions materially move Banco Macro S.A.'s register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings.
Insider Trading
Recent buying and selling by company executives.
About this section
Buying and selling by Banco Macro S.A. executives and directors. Shares of Banco Macro S.A. have traded between $38.30 and $118.42 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned.
News
Latest headlines and market coverage.
About this section
Latest headlines and company announcements for Banco Macro S.A.. Coverage tracks Banco Macro S.A. within Banks - Regional (Financial Services). Press releases and market coverage, newest first.
Comments
Comments and replies from FRC members about this company.
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