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Banco Macro S.A. (BMA)

Financial Services | Banks - Regional | Buenos Aires, Argentina | NYSE
90.68 USD -4.31 (-4.537%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 90.61 -0.07 (-0.070%) ⇩ (July 13, 2026, 5:57 p.m. EDT)

Short-term:★★★⯪☆Long-term:★★★★☆Dividends:★★★⯪☆
Hot Take | July 11, 2026, 6:40 a.m. EDT

Banco Macro offers a compelling value case with a forward P/E of under 10x and a 5.9% yield, supported by a strong analyst consensus. The long-term rating reflects a solid recovery from 2020 lows, with the price now trading well above its 200-day average despite a negative revenue growth metric that likely lags the actual business performance. However, the high payout ratio of nearly 80% limits the dividend rating, as coverage is tight. Short-term momentum is building, though options flow reveals a defensive posture with significant downside protection purchased at lower strikes. Investors should view this as a recovery play with moderate risk.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.084935
MSTL0.100847
AutoARIMA0.102587
AutoETS0.102587
MSTL_1150.128324

Forecast horizon: 60 days | Selected: AutoTheta

Forecast Reliability
Score 40%
H-stat 0.79
Ljung-Box p 0.000
Jarque-Bera p 0.197
Excess Kurtosis -1.11
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-07-05
Last Dividend Date 2026-07-05
Revenue per Share 63552.76
Market Cap 5,797,991,424
Trailing P/E 23.19
Forward P/E 9.22
Beta 0.50
Profit Margins 7.58%
Website https://www.macro.com.ar

As of July 11, 2026, 6:40 a.m. EDT: Speculators are positioning for a range-bound outcome with asymmetric protection. Near-term calls show interest above $105, while long-dated puts carry heavy open interest at $70-$80 strikes, indicating a floor is being established. Implied volatility is elevated at deep in-the-money strikes, suggesting uncertainty around the current price level.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.56% 4.39% 8.41% 6.69%
Dividend History
Date Dividend Yield %
2026-07-06 0.530 0.561798
2026-06-02 0.530 0.595573
2026-05-18 0.545 0.750896
2026-04-20 0.407 0.491190
2026-03-20 0.401 0.592407
2026-02-19 0.382 0.419365
2026-01-22 0.356 0.363414
2025-07-18 0.399 0.618221
2024-08-16 1.798 3.177240
2024-07-22 1.745 3.285634
2024-06-17 1.762 2.840103
2024-01-05 0.596 2.280903
2023-09-20 0.426 1.884122
2023-08-17 0.450 2.007136
2023-08-04 0.452 1.854739
2023-07-19 0.450 1.789264
2023-07-17 0.446 1.706850
2022-12-23 0.073 0.460859
2022-11-23 0.079 0.596226
2022-10-21 0.079 0.530557
2022-09-23 0.085 0.538657
2022-08-18 0.082 0.590353
2022-07-22 0.081 0.787938
2022-06-03 0.717 4.720211
2019-05-10 2.249 4.834480
2018-05-11 2.235 3.021087
2017-06-14 0.002 0.002291
2017-06-08 0.753 0.814847
2016-08-12 0.741 0.974487
2016-03-23 0.262 0.394757
2014-06-26 1.255 3.496796
2011-05-06 2.084 5.910380
2010-06-11 0.890 3.094576
2009-09-10 0.650 2.844639
2008-05-14 0.785 4.245538
2007-05-21 0.487 1.284960
2006-05-17 0.312 1.452514
Additional Data
dividendRate 5.32
dividendYield 5.6
exDividendDate 2026-07-06
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
lastDividendValue 0.53
lastDividendDate 2026-07-06
dividendDate 2026-07-14

Info Dump

Attribute Value
52 Week Change 0.44845986
Address1 Avenida Eduardo Madero 1182
All Time High 136.1
All Time Low 4.92
Ask 0.0
Ask Size 200
Average Analyst Rating 1.4 - Strong Buy
Average Daily Volume10 Day 201,380
Average Daily Volume3 Month 300,534
Average Volume 300,534
Average Volume10Days 201,380
Beta 0.5
Bid 0.0
Bid Size 200
Book Value 5.498135
City Buenos Aires
Country Argentina
Crypto Tradeable 0
Currency USD
Current Price 90.68
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 95.27
Day Low 90.605
Display Name Banco Macro
Dividend Date 1,783,987,200
Dividend Rate 5.32
Dividend Yield 5.6
Earnings Call Timestamp End 1,779,980,400
Earnings Call Timestamp Start 1,779,980,400
Earnings Quarterly Growth -0.96
Earnings Timestamp 1,779,912,000
Earnings Timestamp End 1,787,774,400
Earnings Timestamp Start 1,787,774,400
Ebitda Margins 0.0
Enterprise To Revenue -0.016
Enterprise Value -50,095,443,968
Eps Current Year 9,626.074
Eps Forward 9.835329
Eps Trailing Twelve Months 3.91
Esg Populated 0
Ex Dividend Date 1,783,296,000
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 84.6678
Fifty Day Average Change 6.0121994
Fifty Day Average Change Percent 0.07100928
Fifty Two Week Change Percent 44.845985
Fifty Two Week High 106.15
Fifty Two Week High Change -15.470001
Fifty Two Week High Change Percent -0.14573717
Fifty Two Week Low 38.3
Fifty Two Week Low Change 52.38
Fifty Two Week Low Change Percent 1.367624
Fifty Two Week Range 38.3 - 106.15
Financial Currency ARS
First Trade Date Milliseconds 1,143,469,800,000
Float Shares 21,139,007
Forward Eps 9.835329
Forward P E 9.219824
Full Exchange Name NYSE
Full Time Employees 8,490
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Gross Profits 3,169,765,294,080
Has Pre Post Market Data 1
Held Percent Insiders 0.0
Held Percent Institutions 0.11201999
Implied Shares Outstanding 63,939,030
Industry Banks - Regional
Industry Disp Banks - Regional
Industry Key banks-regional
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,783,296,000
Last Dividend Value 0.53
Last Fiscal Year End 1,767,139,200
Long 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, 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 to corporate customers; and internet and mobile banking services. Additionally, it offers short-term and medium-to-long-term corporate lending products. Banco Macro S.A. was incorporated in 1966 and is headquartered in Buenos Aires, Argentina.
Long Name Banco Macro S.A.
Market us_market
Market Cap 5,797,991,424
Market State PREPRE
Max Age 86,400
Message Board Id finmb_878443
Most Recent Quarter 1,774,915,200
Net Income To Common 243,844,055,040
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 6,402,161,577
Number Of Analyst Opinions 9
Open 95.03
Operating Margins 0.69104
Payout Ratio 0.7911
Peg Ratio 0.47
Phone 54 11 5222 6500
Post Market Change -0.069999695
Post Market Change Percent -0.07719419
Post Market Price 90.61
Post Market Time 1,783,979,859
Previous Close 94.99
Price Eps Current Year 0.009420248
Price Hint 2
Price To Book 16.492865
Price To Sales Trailing12 Months 0.0018019713
Profit Margins 0.075780004
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.44444
Region US
Regular Market Change -4.31
Regular Market Change Percent -4.53732
Regular Market Day High 95.27
Regular Market Day Low 90.605
Regular Market Day Range 90.605 - 95.27
Regular Market Open 95.03
Regular Market Previous Close 94.99
Regular Market Price 90.68
Regular Market Time 1,783,972,803
Regular Market Volume 205,710
Return On Assets 0.029790001
Return On Equity 0.10824
Revenue Growth -0.996
Revenue Per Share 63,552.76
Sand P52 Week Change 0.20847368
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 62,815,463
Shares Percent Shares Out 0.0078
Shares Short 498,966
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 541,005
Short Name Banco Macro S.A.
Short Percent Of Float 0.0232
Short Ratio 1.74
Source Interval 15
Symbol BMA
Target High Price 142.84413
Target Low Price 80.038795
Target Mean Price 113.875175
Target Median Price 117.81626
Total Cash 56,045,572,096
Total Cash Per Share 876.515
Total Debt 151,928,000
Total Revenue 3,217,582,456,832
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 3.91
Trailing P E 23.191816
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 80.14385
Two Hundred Day Average Change 10.536148
Two Hundred Day Average Change Percent 0.13146545
Type Disp Equity
Volume 205,710
Website https://www.macro.com.ar
Zip C1106ACY