Banco Macro/$BMA

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About Banco Macro

Banco Macro SA is a financial institution and it provides standard banking products and services designed to suit individual needs. It has two categories of customers, retail customers, which include individuals and entrepreneurs, and corporate customers, which include small, medium, and large companies and corporations. In addition, it provides services to four provincial governments. It generates the majority of its revenue from Argentina.

Ticker

$BMA

Primary listing

NYSE

Industry

Banks

Headquarters

Buenos Aires, Argentina

Employees

8,903

ISIN

US05961W1053

Banco Macro Metrics

BasicAdvanced
$4.7B
-
-$0.09
0.93
$5.28
30.64%

Bulls say / Bears say

JPMorgan upgraded Banco Macro's stock rating from Underweight to Neutral, significantly increasing the price target from $14.00 to $78.00, reflecting optimism about Argentina's macroeconomic stabilization and the banking sector's potential for re-rating. (Investing.com)
Morgan Stanley upgraded Banco Macro's stock from Underweight to Overweight, indicating increased confidence in the bank's performance and growth prospects. (Defense World)
Banco Macro's acquisition of Banco Itaú Argentina, completed in November 2024, expanded its market presence and customer base, potentially leading to increased revenues and market share. (Wikipedia)
Banco Macro reported a decrease in net income for the second quarter of 2024 compared to the same period in 2023, despite increases in operating income and total deposits, raising concerns about profitability. (Investing.com)
The bank executed put options on inflation-adjusted securities, which impacted net income, indicating potential challenges in managing investment strategies amid economic fluctuations. (Investing.com)
Banco Macro's stock price has experienced significant volatility, with fluctuations from a low of $64.76 to a high of $94.62, reflecting market uncertainty and potential risks for investors. (Timothy Sykes)
Data summarised monthly by Lightyear AI. Last updated on 5 Jun 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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