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Banco Macro S.A. (BMA)

Financial Services | Banks - Regional | Buenos Aires, Argentina | NYSE
76.05 USD -0.82 (-1.067%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 76.05

Short-term:★★☆☆☆Long-term:★★★⯪☆Dividends:★★★⯪☆
Hot Take | Aug. 22, 2026, 5:40 a.m. EDT

Banco Macro presents a compelling dichotomy: a fundamentally improving business trading at a discount to its potential, yet weighed down by severe recent price weakness. The long-term outlook is solid; the company has successfully navigated a multi-year downturn, with the last two years showing robust double-digit growth (+24.8% and +126.9%). While the nine-year cumulative return remains negative (-14.8%), the trend has decisively reversed, and the balance sheet remains healthy with strong operating margins. However, the short-term picture is murky. The stock is currently trading significantly below its 50-day moving average, suggesting lingering selling pressure despite the earnings acceleration. The options market is screaming 'bullish' for the coming months, betting on a continuation of the recovery, but the statistical forecast models remain neutral-to-weak, highlighting the disconnect between the fundamental thesis and immediate price action. For investors, this is a classic 'buy the dip' scenario where the long-term value proposition is clear, but the timing requires patience to ride out the final leg of the correction.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.032076
MSTL0.035536
AutoTheta0.037801
AutoARIMA0.187513

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 43%
H-stat 0.18
Ljung-Box p 0.000
Jarque-Bera p 0.757
Excess Kurtosis -0.05
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-07-05
Last Dividend Date 2026-07-05
Revenue per Share 53884.65
Market Cap 4,862,563,328
Trailing P/E 19.40
Forward P/E 6.74
Beta 0.45
Profit Margins 8.39%
Website https://www.macro.com.ar

As of Aug. 22, 2026, 5:40 a.m. EDT: Speculators are positioning for a significant upside move, evidenced by massive open interest in out-of-the-money calls at strikes like $100 and $105 for the October expiration, alongside heavy volume in the $115 strike. This bullish gamma exposure suggests a bet on a rally toward the $120 analyst mean. Conversely, put writing is concentrated at lower strikes ($70-$80), indicating a floor is expected around current levels rather than a deep crash. Implied volatility is elevated for near-term expirations, reflecting uncertainty about whether the stock can sustain its recent recovery.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.56% 3.77% 5.95% 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 6.92
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 0.30737495
Address1 Avenida Eduardo Madero 1182
All Time High 136.1
All Time Low 4.92
Ask 76.36
Ask Size 100
Average Analyst Rating 1.4 - Strong Buy
Average Daily Volume10 Day 390,830
Average Daily Volume3 Month 282,263
Average Volume 282,263
Average Volume10Days 390,830
Beta 0.448
Bid 75.8
Bid Size 100
Book Value 65.038124
City Buenos Aires
Country Argentina
Crypto Tradeable 0
Currency USD
Current Price 76.05
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 77.925
Day Low 75.16
Display Name Banco Macro
Dividend Date 1,783,987,200
Dividend Rate 5.32
Dividend Yield 6.92
Earnings Call Timestamp End 1,787,238,000
Earnings Call Timestamp Start 1,787,238,000
Earnings Growth 0.282
Earnings Quarterly Growth 0.282
Earnings Timestamp 1,787,169,600
Earnings Timestamp End 1,795,636,800
Earnings Timestamp Start 1,795,636,800
Ebitda Margins 0.0
Enterprise To Revenue -0.435
Enterprise Value -1,497,081,315,328
Eps Current Year 12,535.772
Eps Forward 11.291274
Eps Trailing Twelve Months 3.92
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 87.601
Fifty Day Average Change -11.550995
Fifty Day Average Change Percent -0.13185917
Fifty Two Week Change Percent 30.737495
Fifty Two Week High 106.15
Fifty Two Week High Change -30.099998
Fifty Two Week High Change Percent -0.283561
Fifty Two Week Low 38.3
Fifty Two Week Low Change 37.750004
Fifty Two Week Low Change Percent 0.9856398
Fifty Two Week Range 38.3 - 106.15
Financial Currency ARS
First Trade Date Milliseconds 1,143,469,800,000
Float Shares 21,119,185
Forward Eps 11.291274
Forward P E 6.7352896
Full Exchange Name NYSE
Full Time Employees 8,180
Fullday Change -0.82
Fullday Change Percent -1.06674
Fullday Price 76.05
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Gross Profits 3,398,008,307,712
Has Pre Post Market Data 1
Held Percent Insiders 0.0
Held Percent Institutions 0.12084
Implied Shares Outstanding 63,939,030
Industry Banks - Regional
Industry Disp Banks - Regional
Industry Key banks-regional
Is Earnings Date Estimate 0
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 4,862,563,328
Market State CLOSED
Max Age 86,400
Message Board Id finmb_878443
Most Recent Quarter 1,782,777,600
Net Income To Common 289,161,576,448
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 5,172,579,314
Number Of Analyst Opinions 9
Open 77.91
Operating Margins 0.26072
Payout Ratio 1.2506
Peg Ratio 0.47
Phone 54 11 5222 6500
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 76.05
Post Market Time 1,787,959,805
Previous Close 76.87
Price Eps Current Year 0.006066639
Price Hint 2
Price To Book 1.1693143
Price To Sales Trailing12 Months 0.0014112972
Profit Margins 0.08392999
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.44444
Region US
Regular Market Change -0.82
Regular Market Change Percent -1.06674
Regular Market Day High 77.925
Regular Market Day Low 75.16
Regular Market Day Range 75.16 - 77.925
Regular Market Open 77.91
Regular Market Previous Close 76.87
Regular Market Price 76.05
Regular Market Time 1,787,947,203
Regular Market Volume 371,533
Return On Assets 0.013099999
Return On Equity 0.05356
Revenue Growth 0.214
Revenue Per Share 53,884.65
Sand P52 Week Change 0.20204377
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 62,815,463
Shares Percent Shares Out 0.0077
Shares Short 495,172
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 489,130
Short Name Banco Macro S.A.
Short Percent Of Float 0.023
Short Ratio 1.92
Source Interval 15
Symbol BMA
Target High Price 148.54688
Target Low Price 83.90114
Target Mean Price 113.76272
Target Median Price 108.93437
Total Cash 3,193,933,922,304
Total Cash Per Share 49,951.0
Total Debt 1,688,813,043,712
Total Revenue 3,445,456,633,856
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 3.92
Trailing P E 19.40051
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 84.4625
Two Hundred Day Average Change -8.412498
Two Hundred Day Average Change Percent -0.0996004
Type Disp Equity
Volume 371,533
Website https://www.macro.com.ar
Zip C1106ACY