Zacks Investment Research·22h ago
Best Growth Stocks to Buy for July 7thBMA, CRDO and APPS made it to the Zacks Rank #1 (Strong Buy) growth stocks list on July 7, 2026.
Banco Macro S.A.(BMA)Earnings, Financials & Key Ratios
BMA•NYSE•Banking & Credit
$91.65
25.8× P/E·Price updated Jul 7, 2026
AboutBanco 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.Show more
- Net Interest Income$3582.49B+122.7%
- Total Revenue$5815.03B-10.0%
- Net Income$337.27B+3.6%
- Return on Equity7.26%-5.3%
- Net Interest Margin15.41%+38.8%
- Efficiency Ratio40.29%-35.7%
- ROA1.79%-20.0%
- Equity / Assets22.52%-19.4%
- Book Value per Share81875.75+29.2%
BMA Price & Volume
Banco Macro S.A. (BMA) stock price & volume — 10-year historical chart
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Macroeconomic Volatility Drives Banco Macro Earnings Instability
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Mixed
Profitability:Strained
Financial:Adequate
Cash Flow:Mixed
Primary Risk:Sovereign debt concentration risk
Key Thesis Takeaways
- Banco Macro's performance remains tethered to the Argentine sovereign credit cycle, with recent results showing a 63.4% growth in net interest income alongside significant provisioning risks.
- While the bank maintains a stable equity-to-assets ratio of 0.24, its heavy concentration in 17.3 trillion ARS of investment securities exposes the balance sheet to potential valuation shocks.
- Investors should monitor the bank's ability to transition toward private sector lending as the efficiency ratio remains pressured by a rigid cost structure, recently oscillating as high as 88.5%.
Verdict Logic
while the bank shows a 63.4% growth in net interest income, the 238.8 billion ARS in loan loss provisions and high valuation metrics like a 25.59 P/E TTM suggest significant downside risk in a hyperinflationary environment.
BMA Growth Metrics
Banco Macro S.A. (BMA) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years39.56%
5 Years58.14%
3 Years2.68%
TTM-
Profit CAGR
10 Years17.92%
5 Years34.4%
3 Years6.85%
TTM838.21%
EPS CAGR
10 Years16.88%
5 Years34.45%
3 Years84.13%
TTM877.52%
Return on Capital
10 Years14.8%
5 Years19.38%
3 Years16.2%
Last Year4.08%
BMA Recent Earnings
Banco Macro S.A. (BMA) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 5/12 qtrs (45%)●Beat Revenue 5/12 qtrs (100%)
Q2 2026Latest
May 27, 2026Metric
Actual
Est
EPS
$1.73+21.8%
$1.42
Rev
$1.2B+47.0%
$838M
Q1 2026
Feb 26, 2026Metric
Actual
Est
EPS
$1.98+43.5%
$1.38
Rev
$898M+18.4%
$759M
Q1 2026
Feb 25, 2026Metric
Actual
Est
EPS
$1.98+43.5%
$1.38
Rev
$898M+18.4%
$759M
Q4 2025
Nov 26, 2025Metric
Actual
Est
EPS
$0.39-158.2%
$0.67
Rev
$1.0B+38.2%
$732M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 27, 2026 | $1.73vs $1.42+21.8% | $1.2Bvs $838M+47.0% |
| Q1 2026 | Feb 26, 2026 | $1.98vs $1.38+43.5% | $898Mvs $759M+18.4% |
| Q1 2026 | Feb 25, 2026 | $1.98vs $1.38+43.5% | $898Mvs $759M+18.4% |
| Q4 2025 | Nov 26, 2025 | $0.39vs $0.67-158.2% | $1.0Bvs $732M+38.2% |
Based on last 12 quarters of dataView full earnings history →
Latest BMA News
Recent stock market news and headlines for Banco Macro S.A. (BMA)
Zacks Investment Research·Jun 26, 2026
Banco Macro (BMA) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?Banco Macro (BMA) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.
Zacks Investment Research·Jun 25, 2026
BMA or NABZY: Which Is the Better Value Stock Right Now?Investors interested in Banks - Foreign stocks are likely familiar with Banco Macro (BMA) and National Australia Bank Ltd. (NABZY). But which of these two companies is the best option for those looking for undervalued stocks?
Zacks Investment Research·Jun 25, 2026
Wall Street Analysts Think Banco Macro (BMA) Could Surge 29.7%: Read This Before Placing a BetThe mean of analysts' price targets for Banco Macro (BMA) points to a 29.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Zacks Investment Research·Jun 23, 2026
Banco Macro (BMA) is a Great Momentum Stock: Should You Buy?Does Banco Macro (BMA) have what it takes to be a top stock pick for momentum investors? Let's find out.
Peers Comparison
Key metrics vs top competitors for Banco Macro S.A. (BMA)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $91.65 | $5.86B | 25.80 | -10.04% | 5.8% | 7.26% | — | |
| $51.10 | $8.21B | 53.42 | 16.86% | 0.65% | 1.15% | — | |
| $9.25 | $809.8M | -21.06 | 13.71% | -2.23% | -3.27% | — | |
| $20.08 | $4.1B | 19.35 | 8.34% | 4.88% | 8.96% | — | |
| $14.86 | $2.23B | 8.23 | 73.24% | 34.18% | 27.39% | — | |
| $8.23 | $90.71B | 10.76 | 18.03% | 11.91% | 20.77% | — |
Compare BMA vs Peers
Banco Macro S.A. (BMA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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BMA Frequently Asked Questions
Banco Macro S.A. (BMA) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
How fast is Banco Macro S.A. growing?
Banco Macro S.A. (BMA) saw revenue decline by 10.0% over the past year.
Is BMA profitable?
Yes, Banco Macro S.A. (BMA) is profitable, generating $371.55B in net income for fiscal year 2025 (5.8% net margin).
Dividend & Returns
What is BMA's return on equity?
Banco Macro S.A. (BMA) has a return on equity (ROE) of 7.3%. This is below average, suggesting room for improvement.
Industry Metrics
What is Banco Macro S.A.'s net interest margin?
Banco Macro S.A. (BMA) has a net interest margin (NIM) of 15.4%. This indicates healthy earnings from lending activities.
What is Banco Macro S.A.'s efficiency ratio?
Banco Macro S.A. (BMA) has an efficiency ratio of 40.3%. This is excellent, indicating strong cost control.