(BMA) Banco Macro - Overview

Sector: Financial Services | Industry: Banks - Regional | Exchange: NYSE (USA) | Market Cap: 4.574m USD | Total Return: -2.6% in 12m

Stock Loans, Deposits, Cards, Payments, Investments
Total Rating 37
Risk 85
Buy Signal -0.51
Banks - Regional +5.6
Diversified Banks -1.6
Market Cap: 4,574m
Avg Trading Vol: 28.8M USD
ATR: 6.48%
Peers RS (IBD): 30.6
Risk 5d forecast
Volatility63.9%
Rel. Tail Risk-13.3%
Reward TTM
Sharpe Ratio0.22
Alpha-21.25
Character TTM
Beta1.028
Beta Downside0.119
Drawdowns 3y
Max DD65.40%
CAGR/Max DD1.07
EPS (Earnings per Share) EPS (Earnings per Share) of BMA over the last years for every Quarter: "2021-03": 0.3606, "2021-06": 0.39, "2021-09": 1.19, "2021-12": 1.88, "2022-03": 0.88, "2022-06": 0.55, "2022-09": 1.02, "2022-12": 0.99, "2023-03": 0.7674, "2023-06": 1.97, "2023-09": 0.328, "2023-12": 16.21, "2024-03": 5.1646, "2024-06": -4.1304, "2024-09": 1.44, "2024-12": 1634.09, "2025-03": 756.15, "2025-06": 2653.17, "2025-09": -551.456, "2025-12": 2313.7803,
EPS CAGR: 716.50%
EPS Trend: 33.7%
Last SUE: 2.17
Qual. Beats: 1
Revenue Revenue of BMA over the last years for every Quarter: 2021-03: 57764, 2021-06: 62833.271, 2021-09: 75901.892, 2021-12: 133679, 2022-03: 127634.706, 2022-06: 170240.651, 2022-09: 283353.799, 2022-12: 322346.541, 2023-03: 1152123.485, 2023-06: 1715585.681, 2023-09: 2062509.099, 2023-12: 1846562.582, 2024-03: 3272893.179, 2024-06: 1219774.802, 2024-09: 1112229.041, 2024-12: 1086773.191, 2025-03: 1154537, 2025-06: 1410138.606, 2025-09: 1442863, 2025-12: 1228.645862,
Rev. CAGR: -71.01%
Rev. Trend: -13.7%
Last SUE: -1.33
Qual. Beats: 0
Risks
Technicals: volatile
Description: BMA Banco Macro March 04, 2026

Banco Macro S.A. (BMA) is an Argentine bank offering a comprehensive suite of financial products and services. Its operations span retail and corporate banking sectors. Retail offerings include deposit accounts, various loan types (consumer, mortgage, auto), and insurance products. Corporate services encompass deposits, diverse lending solutions (e.g., working capital, foreign trade financing), cash management, and payroll services. The company also provides digital banking options.

As a diversified bank, BMA generates revenue from interest income on loans and investments, as well as fees from services. The banking sector is highly regulated and susceptible to economic conditions, particularly interest rate fluctuations and credit risk. Understanding the full scope of BMAs financial health and market position requires further research.

Headlines to Watch Out For
  • Argentine inflation rates impact loan demand and deposit growth
  • Government regulation of interest rates affects profitability
  • Economic stability in Argentina drives credit quality
  • Foreign currency exchange rates influence asset valuation
Piotroski VR‑10 (Strict, 0-10) 2.0
Net Income: 160.97b TTM > 0 and > 6% of Revenue
FCF/TA: -0.09 > 0.02 and ΔFCF/TA -19.04 > 1.0
NWC/Revenue: 0.06% < 20% (prev -62.73%; Δ 62.79% < -1%)
CFO/TA -0.18 > 3% & CFO -2804.61b > Net Income 160.97b
Current Ratio: 40.09 > 1.5 & < 3
Outstanding Shares: last quarter (63.9m) vs 12m ago -90.00% < -2%
Gross Margin: 61.67% > 18% (prev 0.72%; Δ 6.09k% > 0.5%)
Asset Turnover: 26.28% > 50% (prev 46.17%; Δ -19.90% > 0%)
Interest Coverage Ratio: 0.00 > 6 (EBITDA TTM 474.8m / Interest Expense TTM 1208.76b)
Altman Z'' 0.35
A: 0.00 (Total Current Assets 2.47b - Total Current Liabilities 61.7m) / Total Assets 16020.61b
B: 0.01 (Retained Earnings 200.16b / Total Assets 16020.61b)
C: 0.00 (EBIT TTM 410.7m / Avg Total Assets 15256.83b)
D: 0.29 (Book Value of Equity 3597.37b / Total Liabilities 12412.58b)
Altman-Z'' Score: 0.35 = B
Beneish M
DSRI: none (Receivables none/508.31b, Revenue 4008.77b/6691.67b)
GMI: 1.17 (GM 61.67% / 72.31%)
AQI: 1.47 (AQ_t 0.95 / AQ_t-1 0.65)
SGI: 0.60 (Revenue 4008.77b / 6691.67b)
TATA: 0.19 (NI 160.97b - CFO -2804.61b) / TA 16020.61b)
Beneish M-Score: cannot calculate (missing components)
What is the price of BMA shares? As of March 31, 2026, the stock is trading at USD 70.05 with a total of 217,502 shares traded.
Over the past week, the price has changed by -0.40%, over one month by -8.71%, over three months by -20.89% and over the past year by -2.63%.
Is BMA a buy, sell or hold? Banco Macro has received a consensus analysts rating of 3.86. Therefore, it is recommended to buy BMA.
  • StrongBuy: 2
  • Buy: 2
  • Hold: 3
  • Sell: 0
  • StrongSell: 0
What are the forecasts/targets for the BMA price?
ISSUER TARGET UP/DOWN
Wallstreet Target Price 118.9 69.7%
Analysts Target Price 118.9 69.7%
BMA Fundamental Data Overview March 28, 2026
P/E Trailing = 27.7248
P/E Forward = 3.0979
P/S = 0.0011
P/B = 1.2688
P/EG = 0.4681
Revenue TTM = 4008.77b USD
EBIT TTM = 410.7m USD
EBITDA TTM = 474.8m USD
Long Term Debt = 1414.05b USD (from longTermDebt, two quarters ago)
Short Term Debt = 61.7m USD (from shortTermDebt, last quarter)
Debt = 1032.98b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1030.51b USD (from netDebt column, last quarter)
Enterprise Value = 1035.09b USD (4.57b + Debt 1032.98b - CCE 2.47b)
Interest Coverage Ratio = 0.00 (Ebit TTM 410.7m / Interest Expense TTM 1208.76b)
EV/FCF = -0.72x (Enterprise Value 1035.09b / FCF TTM -1428.17b)
 FCF Yield = -138.0% (FCF TTM -1428.17b / Enterprise Value 1035.09b)
 FCF Margin = -35.63% (FCF TTM -1428.17b / Revenue TTM 4008.77b)
Net Margin = 4.02% (Net Income TTM 160.97b / Revenue TTM 4008.77b)
Gross Margin = 61.67% ((Revenue TTM 4008.77b - Cost of Revenue TTM 1536.55b) / Revenue TTM)
Gross Margin QoQ = 51.25% (prev 52.38%)
Tobins Q-Ratio = 0.06 (Enterprise Value 1035.09b / Total Assets 16020.61b)
Interest Expense / Debt = 0.04% (Interest Expense 462.4m / Debt 1032.98b)
Taxrate = 43.11% (177.1m / 410.7m)
NOPAT = 233.6m (EBIT 410.7m * (1 - 43.11%))
Current Ratio = 40.09 (Total Current Assets 2.47b / Total Current Liabilities 61.7m)
Debt / Equity = 0.29 (Debt 1032.98b / totalStockholderEquity, last quarter 3605.94b)
 Debt / EBITDA = 2.17k (out of range, set to none) (Net Debt 1030.51b / EBITDA 474.8m)
 Debt / FCF = -0.72 (negative FCF - burning cash) (Net Debt 1030.51b / FCF TTM -1428.17b)
 Total Stockholder Equity = 4329.43b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.06% (Net Income 160.97b / Total Assets 16020.61b)
RoE = 3.72% (Net Income TTM 160.97b / Total Stockholder Equity 4329.43b)
RoCE = 0.01% (EBIT 410.7m / Capital Employed (Equity 4329.43b + L.T.Debt 1414.05b))
RoIC = 0.00% (NOPAT 233.6m / Invested Capital 5473.05b)
WACC = 0.07% (E(4.57b)/V(1037.56b) * Re(9.60%) + D(1032.98b)/V(1037.56b) * Rd(0.04%) * (1-Tc(0.43)))
Discount Rate = 9.60% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.02%
 [DCF] Fair Price = unknown (Cash Flow -1428.17b)
 EPS Correlation: 33.75 | EPS CAGR: 716.5% | SUE: 2.17 | # QB: 1
Revenue Correlation: -13.72 | Revenue CAGR: -71.01% | SUE: -1.33 | # QB: 0
EPS next Quarter (2026-06-30): EPS=1383.01 | Chg7d=+0.000 | Chg30d=-874.849 | Revisions Net=-1 | Analysts=2
EPS current Year (2026-12-31): EPS=9538.77 | Chg7d=+38.355 | Chg30d=-1624.559 | Revisions Net=-4 | Growth EPS=+75.2% | Growth Revenue=+30.6%
EPS next Year (2027-12-31): EPS=14453.00 | Chg7d=+776.688 | Chg30d=-1812.164 | Revisions Net=-1 | Growth EPS=+51.5% | Growth Revenue=+18.8%
[Analyst] Revisions Ratio: -1.00 (0 Up / 1 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 6.0% (Discount Rate 9.6% - Earnings Yield 3.6%)
[Growth] Growth Spread = +24.1% (Analyst 30.1% - Implied 6.0%)
Additional Sources for BMA Stock Fund Manager Positions: Dataroma · Stockcircle