Banco Macro

Banco Macro SA engages in the provision of financial and banking services. It serves the low and mid-income individuals, and small and mid-sized companies. The firm offers savings, checking accounts, time deposits, fund management, loans, mortgages, and direct banking transactions. The company was founded on November 21, 1966 and is headquartered in Buenos Aires, Argentina.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Banco Macro reports resilient Q4 earnings amid market challenges

Banco Macro delivered a robust performance in Q4 2022, maintaining profitability and stable asset quality amidst market challenges.
The bank's strong capital position and strategic focus on deposit growth provide a solid foundation for future growth initiatives.
While facing challenges such as increased loan loss provisions and lower comprehensive income, Banco Macro remains well-positioned to capitalize on opportunities for expansion and value creation.

Banco Macro reports Q1 earnings decline, eyes strategic growth

Banco Macro faced a decline in net income but showed resilience with growth in operating income and market share, amidst challenges in loan provisions and interest income
The bank's strong capital position and diversified revenue streams present opportunities for strategic growth and risk management in a dynamic financial landscape

Banco Macro posts robust Q2 earnings, acquires Banco Itau Argentina

Banco Macro delivered strong financial results in Q2 2023, driven by operational growth and improved net interest margin.
While facing challenges in loan provisions, the bank's asset quality remained stable, and it seized an acquisition opportunity for future expansion.
Overall, Banco Macro's performance reflects resilience, strategic decision-making, and a solid foundation for continued growth in the market.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Banco Macro is well-positioned to benefit from Argentina's improving economic conditions and reforms under Javier Milei, showing significant upside potential for long-term investors. The bank's recent performance has been strong, with shares up 46%, supported by a favorable macroeconomic environment and expected loan growth. Despite recent earnings volatility due to mark-to-market adjustments, Banco Macro's capital position remains robust, enabling sustainable high dividend yields.

Banco Macro: Improved Economic Conditions Support Further Upside

Banco Macro S.A. (NYSE:BMA ) Q2 2024 Earnings Conference Call August 23, 2024 12:00 PM ET Company Participants Nicolás Torres - Investor Relations Jorge Scarinci - Chief Financial Officer Conference Call Participants Ernesto Gabilondo - Bank of America Brian Flores - Citibank Marina Mertens - Latin Securities Yuri Fernandes - JPMorgan Carlos Gomez - HSBC Operator Good morning, ladies and gentlemen, and thank you for waiting.

Banco Macro S.A. (BMA) Q2 2024 Earnings Call Transcript

BUENOS AIRES, Argentina , Aug. 22, 2024 /PRNewswire/ -- Banco Macro S.A. (NYSE: BMA; BYMA: BMA) ("Banco Macro" or "BMA" or the "Bank") announced today its results for the second quarter ended June 30, 2024 ("2Q24").

Banco Macro Announces Results for the Second Quarter of 2024

AdvanSix

Euroseas

ESEA, ASIX and BMA made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 12, 2024.

Best Income Stocks to Buy for August 12th

Twenty-First Century Fox

MarketAxess Holdings

Northern Oil and Gas

Seanergy Maritime Hlds

Investors may keep a tab on stocks like BMA, NOG, FOXA, SHIP and MKTX, which have lately hiked their dividend payments.

5 Stocks to Watch on Recent Dividend Hikes Amid Recession Fears

Here is how Banco Macro (BMA) and Bancolombia (CIB) have performed compared to their sector so far this year.

Is Macro Bank (BMA) Stock Outpacing Its Finance Peers This Year?

Morgan Stanley

Considering their generous dividends now appears to be an ideal time to buy these highly ranked finance stocks as they are benefiting from strong business industries.

2 Highly Ranked Finance Stocks to Buy with Generous Dividends

Banco Macro (BMA) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, BMA crossed above the 20-day moving average, suggesting a short-term bullish trend.

Banco Macro (BMA) Just Overtook the 20-Day Moving Average

Deckers Outdoor

Outside of Nvidia (NVDA), two companies that impressively exceeded their quarterly earnings expectations this week and continued the incredible rally in their stocks are Deckers Outdoor (DECK) and Macro Bank (BMA).

2 Stocks That Could Keep Soaring After Crushing Earnings Expectations

Banco Macro S.A. (NYSE:BMA ) Q1 2024 Earnings Call Transcript May 24, 2024 12:00 PM ET Company Participants Nicolas Torres - IR Jorge Scarinci - CFO Gustavo Manriquez - CEO Conference Call Participants Ernesto Gabilondo - Bank of America Brian Flores - Citibank Marina Mertens - Latin Securities Carlos Gomez - HSBC David Pardo - Puente Hermanos Operator Good morning, ladies and gentlemen, and thank you for waiting.

Banco Macro S.A. (BMA) Q1 2024 Earnings Call Transcript

Here is how Banco Macro (BMA) and First Bancorp (FBP) have performed compared to their sector so far this year.

Are Finance Stocks Lagging Macro Bank (BMA) This Year?

BUENOS AIRES, Argentina , May 22, 2024 /PRNewswire/ -- Banco Macro S.A. (NYSE: BMA; BYMA: BMA) ("Banco Macro" or "BMA" or the "Bank") announced today its results for the first quarter ended March 31, 2024 ("1Q24").

Banco Macro Announces Results for the First Quarter of 2024

BUENOS AIRES, Argentina , April 29, 2024 /PRNewswire/ -- Banco Macro S.A. (NYSE: "BMA"; ByMA: "BMA") ("Banco Macro") announces today the filing of  its annual report on Form 20-F and its annual audited financial statements for the fiscal year ended December 31, 2023 (the "2023 Annual Report") with the U.S. Securities and Exchange Commission (the "SEC").

Banco Macro S.A. Informs the Market of the Filing of its Annual Report on form 20-F for the Fiscal Year Ended December 31, 2023

Does Banco Macro (BMA) have what it takes to be a top stock pick for momentum investors? Let's find out.

What Makes Banco Macro (BMA) a Strong Momentum Stock: Buy Now?

From a technical perspective, Banco Macro (BMA) is looking like an interesting pick, as it just reached a key level of support. BMA recently overtook the 20-day moving average, and this suggests a short-term bullish trend.

Banco Macro (BMA) Just Reclaimed the 20-Day Moving Average

Banco Macro (BMA) Is Up 6.10% in One Week: What You Should Know

Are You Looking for a Top Momentum Pick? Why Banco Macro (BMA) is a Great Choice

Here is how Banco Macro (BMA) and Interactive Brokers Group, Inc. (IBKR) have performed compared to their sector so far this year.

Is Macro Bank (BMA) Outperforming Other Finance Stocks This Year?

Banco Macro (BMA) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Banco Macro (BMA) Upgraded to Strong Buy: Here's Why

Banco Macro (BMA) is a Great Momentum Stock: Should You Buy?

Cardinal Health

Royal Caribbean Cruises

Rithm Capital Corp

BMA, CAH, RCL, SPXC and RITM have been added to the Zacks Rank #1 (Strong Buy) List on March 1, 2023.

New Strong Buy Stocks for March 1st

BMA, CAH and RITM made it to the Zacks Rank #1 (Strong Buy) income stocks list on March 1, 2023.

Best Income Stocks to Buy for March 1st

Banco Macro SA (BMA) Q4 2023 Earnings Call Transcript

BUENOS AIRES, Argentina , Feb. 28, 2024 /PRNewswire/ -- Banco Macro S.A. (NYSE: BMA; BYMA: BMA) ("Banco Macro" or "BMA" or the "Bank") announced today its results for the fourth quarter ended December 31, 2023 ("4Q23").

Banco Macro Announces Results for the Fourth Quarter of 2023

Banco Macro (BMA) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

News for Banco Macro Stock (BMA)