Banco Macro (BMA2.BA) Stock Price
Banco Macro Price
Banco Macro (BMA2.BA) Stock | ISIN ARBANS010010. Revenue is 4.7 T ARS. Net income is 771.19 B ARS. Banco Macro operates in the Finance sector.
Banco Macro stock price
Details
Stock Price
ⓘHow to Read This Chart
This chart tracks the historical stock price of Banco Macro over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.
Total Return vs. Price Return
The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.
Intraday Price Data
When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Banco Macro stock reacts to market openings, earnings releases, or breaking news throughout the trading session.
What to Look For
Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Banco Macro's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.
| Date | Banco Macro Price |
|---|
Banco Macro Revenue, EBIT, Net Income
3 Years
5 Years
10 Years
25 Years
Max
Details
Banco Macro Income Statement, Balance Sheet, Cash Flow Statement
| REVENUE (T ARS) |
|---|
| REVENUE GROWTH (%) |
| GROSS MARGIN (%) |
| GROSS INCOME (M ARS) |
| EBIT (T ARS) |
| EBIT MARGIN (%) |
| NET INCOME (T ARS) |
| NET INCOME GROWTH (%) |
| SHARES (M) |
| DOCUMENTS |
| 2021 | 2022 | 2023 | 2024 | 2025e | 2026e | 2027e |
|---|---|---|---|---|---|---|
| 0.57 | 0.82 | 4.53 | 6.67 | 4.52 | 4.7 | 5.31 |
| – | 42.7 | 452.96 | 47.2 | -32.17 | 3.89 | 12.95 |
| - | - | - | - | - | - | - |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 0 | 0 | 0 | 1.98 | 2.18 | 2.54 |
| – | – | – | – | – | – | – |
| 0.05 | 0.04 | 0.58 | 0.3 | 0.29 | 0.77 | 1.04 |
| – | -18.54 | 1,245.93 | -47.69 | -3.38 | 163.4 | 34.29 |
| 639.41 | 639.41 | 639.41 | 639.41 | 639.41 | 639.41 | 639.41 |
| – | – | – | – | – | – | – |
Details
Income Statement Key Figures
ⓘRevenue and Revenue Growth
Revenue is the starting point of every income statement — it measures the total sales Banco Macro generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.
Gross Margin
Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Banco Macro retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Banco Macro's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.
EBIT and EBIT Margin
EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.
Net Income and Earnings Per Share (EPS)
Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.
Shares Outstanding
The total number of shares Banco Macro has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.
Analyst Estimates
The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Banco Macro's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.
Banco Macro stock margins
3 Years
5 Years
10 Years
25 Years
Max
Details
Banco Macro Stock Revenue, EBIT, Earnings per Share
3 Years
5 Years
10 Years
25 Years
Max
Details
Banco Macro business model & stock analysis
Banco Macro SWOT Analysis
Strengths
Banco Macro SA has a strong and well-established presence in the banking industry, both domestically and internationally. The bank's long history and well-recognized brand name contribute to its strength in attracting customers and building trust.
The bank offers a wide range of financial products and services, including banking, insurance, and investment services. This diversification enables Banco Macro SA to cater to the varying needs of its customers and generate multiple revenue streams.
Banco Macro SA has consistently demonstrated strong financial performance over the years. The bank's solid profitability, healthy asset quality, and robust capital base enhance its competitiveness in the market.
Weaknesses
The bank's operations are heavily tied to the economic conditions of Argentina, making it vulnerable to economic fluctuations and political instability in the country. This dependence poses a risk to Banco Macro SA's financial performance.
Compared to some of its competitors, Banco Macro SA has a relatively limited international presence. This could potentially restrict its growth opportunities and expose the bank to increased competition in the domestic market.
Opportunities
Banco Macro SA can explore opportunities to expand its operations into emerging markets, where there is potential for high economic growth and untapped market segments. This would diversify the bank's revenue sources and reduce its reliance on the domestic market.
The advancement of technology presents opportunities for Banco Macro SA to enhance its digital banking capabilities and offer innovative services to its customers. Investing in digital infrastructure and online platforms can improve customer experience and attract tech-savvy customers.
Threats
The banking industry is highly competitive, with numerous local and international players vying for market share. This intensifies the competition and exerts pressure on Banco Macro SA to differentiate itself and maintain its customer base.
Changes in regulations and compliance requirements can impact Banco Macro SA's operations and profitability. Adapting to regulatory changes and ensuring compliance can be challenging and costly for the bank.
Banco Macro Eulerpool Fair Value
Details
Fair Value Estimate
ⓘWhat Is Fair Value?
Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.
Earnings-Based Fair Value
Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.
Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021
Revenue-Based Fair Value
Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"
Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021
Dividend-Based Fair Value
Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.
Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021
How to Use This Chart
When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.
Banco Macro historical P/E ratio, EBIT multiple, and P/S ratio
Banco Macro annual returns
Details
Annual Return
ⓘWhat This Chart Shows
This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.
Price Return
Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.
Dividend Return
Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.
What to Look For
Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.
Banco Macro shares outstanding
3 Years
5 Years
10 Years
25 Years
Max
Details
EESG©
Eulerpool ESG Scorecard© for the Banco Macro stock
EEnvironment
20
Environment
SSocial
20
Social
GGovernance (Corporate Governance)
4
Governance (Corporate Governance)
The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.
Banco Macro shareholder structure
| % | Name |
|---|---|
28.80081% | |
18.49381% | |
16.33903% | |
3.17509% | |
0.63111% | |
0.25805% | |
0.20577% | |
0.20239% | |
0.17139% | |
0.14224% |
Banco Macro Executives and Management Board
Mr. Jorge Pablo Brito
(44)Chairman of the Board · since 2002
Mr. Juan Parma
Chief Executive Officer
Mr. Carlos Alberto Giovanelli
(67)Vice Chairman of the Board · since 2016
Mr. Jorge Francisco Scarinci
(54)Chief Financial Officer, Manager - Investor Relations
Ms. Ana Maria Magdalena Marcet
(63)Manager - Credit Risk
Frequently asked questions about Banco Macro
The business model of Banco Macro SA is focused on providing comprehensive financial services to individuals, families, and companies in Argentina. As one of the largest private banks in the country, Banco Macro offers a wide range of banking products and services, including personal and corporate banking, loans, mortgages, credit cards, and insurance. With a customer-centric approach, Banco Macro aims to meet the diverse financial needs of its clients while emphasizing efficiency, innovation, and accessibility. The company's robust presence and strong market position in Argentina enable Banco Macro SA to serve as a reliable and trusted financial partner for individuals and businesses alike.
Banco Macro stock
Banco Macro Peer Group
Banco Macro FIGI
All fundamentals and in-depth analysis of Banco Macro
Our stock analysis for Banco Macro Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Banco Macro Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.