BMA

Banco Macro S.A.

Fundamental data last updated:June 16, 2026

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company profile

SECTOR

Financial Services

industry

Banks - Regional

Exchange

NYSE

County of HQ

AR

Next Earnings Date

08/26/2026

Business Summary

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.

 


VALUATION

P/E

0.20

Market Cap ($M USD)

$5.61B

Forward P/E

N/A

PEG

N/A

PRICE TO SALES

1.44

PRICE TO BOOK

1.60

EV / EBITDA

10.11

5-Year Average P/E

Free Cash Flow Yield

18.97%

DCF Value

$39261.37

Graham Number

$8897.83

Price to FCF

5.27

EV to FCF

3.95

Earnings Yield

3.30%

FCF Yield

18.97%

DIVIDEND

Yield

5.07%

Annual Payout

$661.29

Payout Ratio

98.31%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$430.12

Next Year EPS Growth Estimate

$0.00

Next Year Revenue Growth Estimate

$1,070.49T

Return on Equity (ROE)

5.81%

FREE CASH FLOW

Operating Margin

8.57%

Debt-to-Equity

0.29

Piotroski F-Score

3

Altman Z-Score

0.02

Return on Invested Capital (ROIC)

2.10%

Current Ratio

40.09

Quick Ratio

40.09

Net Debt to EBITDA

-3.38

Interest Coverage

0.26

Gross Profit margin

57.77%

FCF PER SHARE

$2431.65

REVENUE PER SHARE

$8879.68

Gainseekers Quantitative Analysis

Summary

The market seems to be mispricing BMA Banco Macro S.A. relative to its intrinsic value. With a DCF value significantly below the snapshot price, the stock appears overvalued. The Altman Z-score of 0.27 signals distress, suggesting potential financial instability. Despite a staggering ROIC of 1802.50%, the low Earnings Yield of 2.30% and a sky-high Price/Book ratio of 1938.64 raise red flags about growth sustainability and valuation. The absence of a Forward P/E further clouds future earnings visibility, making this a risky proposition.

AI Exposure / Tech Reliance

In the rapidly evolving financial services sector, BMA Banco Macro S.A. faces challenges in adapting to AI and tech shifts. As a regional bank, its ability to leverage technology for operational efficiency and customer engagement is crucial. However, the data does not provide clear insights into its tech resilience, leaving questions about its adaptability.

The Bull Case

For the value-driven investor, BMA Banco Macro S.A. offers compelling reasons to consider a position. The astronomical ROIC of 1802.50% indicates exceptional capital efficiency, suggesting management's adeptness at generating returns. Despite a modest FCF Yield of 4.50%, the company's operating margin of 7.27% and a Piotroski F-Score of 3 hint at underlying operational strengths. These metrics suggest a business with potential pricing power and a capacity to navigate economic cycles effectively.

The Bear Case

However, the structural risks cannot be ignored. The Price/Book ratio of 1938.64 is alarmingly high, indicating a potential bubble in valuation. The company's Altman Z-score of 0.27 is a glaring warning of financial distress. Additionally, the stock's proximity to its 52-week high, coupled with a Price/Sales ratio of 1.74, suggests it may be technically overextended. These factors, combined with a low Earnings Yield, paint a picture of a stock that may be riding on borrowed time.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$85.00

Institutional Ownership %

1-Year Beta

0.47

Insider Buying % (6 Mo)

Distance to 52-Week High

20.90%

Distance to 52-Week Low

56.38%

EARNINGS SURPRISE %

21.83%

50-DAY SMA

$75.27

200-DAY SMA

$74.93

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.