Banco Financial Statements From 2010 to 2022

BMA
 Stock
  

USD 11.63  0.43  3.84%   

Banco Macro financial statements provide useful quarterly and yearly information to potential Banco Macro SA investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Banco Macro financial statements helps investors assess Banco Macro's valuation, profitability, and current liquidity needs.
We have found seventy-eight available fundamental signals for Banco Macro SA, which can be analyzed and compared to other ratios and to its rivals. Make sure you validate all of Banco Macro SA prevailing market performance against the performance between 2010 and 2022 to make sure the company can sustain itself down the road.
Banco Macro Average Assets are projected to increase significantly based on the last few years of reporting. The past year's Average Assets were at 1.08 Trillion. The current year Earnings before Tax is expected to grow to about 24.4 B, whereas Earnings Before Interest Taxes and Depreciation Amortization EBITDA are forecasted to decline to about 29.5 B.
  
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Check Banco Macro financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Banco main balance sheet or income statement drivers, such as Consolidated Income of 19 B, Earning Before Interest and Taxes EBIT of 24.4 B or Gross Profit of 206.4 B, as well as many exotic indicators such as Asset Turnover of 0.21, Book Value per Share of 4 K or Debt to Equity Ratio of 3.81. Banco financial statements analysis is a perfect complement when working with Banco Macro Valuation or Volatility modules. It can also supplement various Banco Macro Technical models. Continue to the analysis of Banco Macro Correlation against competitors.

Banco Macro Revenues

206.36 Billion

Share

Banco Macro Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1078.2 B999.3 B415.1 B
Increasing
Slightly volatile
Cash and Equivalents185.9 B172.3 B72.8 B
Increasing
Slightly volatile
Investments829.4 B768.7 B319.7 B
Increasing
Slightly volatile
Deposit Liabilities635.3 B588.9 B258.9 B
Increasing
Slightly volatile
Property Plant and Equipment Net57 B52.9 B19.6 B
Increasing
Slightly volatile
Tax Assets54.6 M47.8 M25.1 M
Increasing
Slightly volatile
Trade and Non Trade Receivables1.6 B1.5 B1.8 B
Decreasing
Slightly volatile
Trade and Non Trade PayablesB968.3 M599.4 M
Increasing
Slightly volatile
Goodwill and Intangible Assets9.1 B8.4 B2.8 B
Increasing
Slightly volatile
Total Liabilities819.6 B759.7 B327.7 B
Increasing
Slightly volatile
Shareholders Equity258.5 B239.6 B87.3 B
Increasing
Slightly volatile
Accumulated Retained Earnings Deficit102.3 B118.2 B56.7 B
Increasing
Slightly volatile
Accumulated Other Comprehensive Income70.7 B85.5 B28.9 B
Increasing
Slightly volatile
Tax Liabilities9.2 B6.6 B8.1 B
Increasing
Slightly volatile
Total Debt121.8 B112.9 B44.2 B
Increasing
Slightly volatile
Shareholders Equity USD2.4 B2.3 BB
Increasing
Slightly volatile
Cash and Equivalents USD1.9 B1.7 B1.6 B
Increasing
Slightly volatile
Total Debt USD1.1 B1.1 B914 M
Increasing
Slightly volatile

Banco Macro Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues206.4 B191.3 B88 B
Increasing
Slightly volatile
Selling General and Administrative Expense64.3 B59.6 B27.2 B
Increasing
Slightly volatile
Operating Expenses108.9 B100.9 B45.3 B
Increasing
Slightly volatile
Income Tax Expense1.2 B1.2 B7.1 B
Increasing
Slightly volatile
Consolidated Income19 B22.9 B11.8 B
Increasing
Slightly volatile
Net Income to Non Controlling Interests689.9 K747 K550.7 K
Increasing
Stable
Net Income19 B22.9 B11.8 B
Increasing
Slightly volatile
Net Income Common Stock19 B22.9 B11.8 B
Increasing
Slightly volatile
Weighted Average Shares738.1 M735.3 M623.1 M
Increasing
Slightly volatile
Weighted Average Shares Diluted773.8 M760.3 M655.6 M
Increasing
Slightly volatile
Earning Before Interest and Taxes EBIT24.4 B24.1 B19.2 B
Increasing
Slightly volatile
Revenues USD2.3 B1.9 B2.2 B
Increasing
Slightly volatile
Net Income Common Stock USD328.4 M222.7 M354.9 M
Increasing
Very volatile
Earning Before Interest and Taxes USD240.4 M234.3 M593.7 M
Increasing
Very volatile
Gross Profit206.4 B191.3 B88 B
Increasing
Slightly volatile
Operating Income71.6 B90.4 B40.8 B
Increasing
Slightly volatile

Banco Macro Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow Investment Acquisitions and Disposals10 M10 M11 M
Decreasing
Slightly volatile
Net Cash Flow from Financing(8.8 B)(8.5 B)(3.2 B)
Decreasing
Slightly volatile
Issuance Repayment of Debt Securities (7.3 B)(7.1 B)(1.5 B)
Decreasing
Slightly volatile
Issuance Purchase of Equity Shares(567 M)(552.5 M)13.2 B
Decreasing
Slightly volatile
Net Cash Flow from Operations45.4 B44.7 B35.6 B
Increasing
Slightly volatile
Effect of Exchange Rate Changes on Cash 24.4 B27.1 B(5.3 B)
Increasing
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents(90.3 B)(88 B)(6.1 B)
Decreasing
Stable
Depreciation Amortization and Accretion6.7 B7.1 B3.6 B
Increasing
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share299358187
Increasing
Slightly volatile
Earnings per Diluted Share299358187
Increasing
Slightly volatile
Earnings per Basic Share USD5.323.4835.8566
Increasing
Very volatile
Dividends per Basic Common Share2.292.591.7151
Increasing
Slightly volatile
Return on Average Equity0.150.0980.2327
Decreasing
Slightly volatile
Return on Average Assets0.02690.0210.0365
Decreasing
Very volatile
Return on Invested Capital0.02460.0240.0636
Decreasing
Very volatile
Gross Margin0.890.90.9842
Decreasing
Slightly volatile
Profit Margin0.140.120.1941
Decreasing
Slightly volatile
EBITDA Margin0.220.1630.3236
Decreasing
Slightly volatile
Return on Sales0.130.1260.3053
Decreasing
Slightly volatile
Asset Turnover0.210.1760.208
Increasing
Slightly volatile
Payout Ratio0.190.18(0.0857)
Decreasing
Stable
Enterprise Value over EBITDA2.141.4833.1113
Decreasing
Stable
Enterprise Value over EBIT3.412.33.5931
Increasing
Very volatile
Price to Earnings Ratio4.344.025(0.4159)
Decreasing
Stable
Sales per Share36.6129.12635.4117
Increasing
Slightly volatile
Price to Sales Ratio0.50.4811.1387
Decreasing
Slightly volatile
Price to Book Value0.390.3841.1637
Decreasing
Slightly volatile
Debt to Equity Ratio3.813.1715.2065
Decreasing
Slightly volatile
Dividend Yield0.04840.05580.0476
Decreasing
Stable
Free Cash Flow per Share702698543
Increasing
Slightly volatile
Book Value per ShareK3.7 K1.4 K
Increasing
Slightly volatile
Tangible Assets Book Value per Share16.7 K15.5 K6.5 K
Increasing
Slightly volatile

Banco Macro Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax24.4 B24.1 B19.2 B
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA29.5 B31.2 B21.5 B
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD311.6 M303.7 M633.7 M
Increasing
Stable
Market Capitalization920 M896.5 M2.3 B
Increasing
Very volatile
Enterprise Value462.3 M450.4 MB
Decreasing
Very volatile
Invested Capital1005 B931.5 B383.6 B
Increasing
Slightly volatile
Average Equity252.7 B234.2 B77.7 B
Increasing
Slightly volatile
Average Assets1169.8 B1084.2 B384.7 B
Increasing
Slightly volatile
Invested Capital Average1095.2 B1015.1 B355.8 B
Increasing
Slightly volatile
Tangible Asset Value1069.1 B990.9 B412.3 B
Increasing
Slightly volatile
Free Cash Flow44.8 B44.7 B34.6 B
Increasing
Slightly volatile

Banco Fundamental Market Drivers

Forward Price Earnings3.55
Average Daily Volume Last 10 Day331.11k
Shares Short Prior Month473.13k
Average Daily Volume In Three Month218.11k
Date Short Interest31st of May 2022
Fifty Day Average14.77
Two Hundred Day Average15.37

Banco Upcoming Events

Upcoming Quarterly Report9th of March 2022
Next Financial Report26th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End9th of March 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

About Banco Macro Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Banco Macro income statement, its balance sheet, and the statement of cash flows. Banco Macro investors use historical funamental indicators, such as Banco Macro's revenue or net income, to determine how well the company is positioned to perform in the future. Although Banco Macro investors may use each financial statement separately, they are all related. The changes in Banco Macro's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Banco Macro's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Banco Macro Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Banco Macro. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Revenues191.3 B206.4 B
Banco Macro S.A. provides various banking products and services to retail and corporate customers in Argentina. The company was incorporated in 1966 and is headquartered in Buenos Aires, Argentina. Banco Macro operates under Banks - Regional classification in the United States and is traded on New York Stock Exchange. It employs 7982 people.

Banco Macro Investors Sentiment

The influence of Banco Macro's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Banco. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Banco Macro Implied Volatility

    
  70.42  
Banco Macro's implied volatility exposes the market's sentiment of Banco Macro SA stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Banco Macro's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Banco Macro stock will not fluctuate a lot when Banco Macro's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Banco Macro in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Banco Macro's short interest history, or implied volatility extrapolated from Banco Macro options trading.

Current Sentiment - BMA

Banco Macro SA Investor Sentiment

Greater number of Macroaxis users are currently bullish on Banco Macro SA. What is your opinion about investing in Banco Macro SA? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

Pair Trading with Banco Macro

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Banco Macro position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Banco Macro will appreciate offsetting losses from the drop in the long position's value.

Banco Macro Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Banco Macro could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Banco Macro when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Banco Macro - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Banco Macro SA to buy it.
The correlation of Banco Macro is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Banco Macro moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Banco Macro SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Banco Macro can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to the analysis of Banco Macro Correlation against competitors. Note that the Banco Macro SA information on this page should be used as a complementary analysis to other Banco Macro's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Probability Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for Banco Stock analysis

When running Banco Macro SA price analysis, check to measure Banco Macro's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Banco Macro is operating at the current time. Most of Banco Macro's value examination focuses on studying past and present price action to predict the probability of Banco Macro's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Banco Macro's price. Additionally, you may evaluate how the addition of Banco Macro to your portfolios can decrease your overall portfolio volatility.
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Is Banco Macro's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Banco Macro. If investors know Banco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Banco Macro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
1.48
Market Capitalization
743.6 M
Quarterly Revenue Growth YOY
0.56
Return On Assets
0.0312
Return On Equity
0.13
The market value of Banco Macro SA is measured differently than its book value, which is the value of Banco that is recorded on the company's balance sheet. Investors also form their own opinion of Banco Macro's value that differs from its market value or its book value, called intrinsic value, which is Banco Macro's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Banco Macro's market value can be influenced by many factors that don't directly affect Banco Macro's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Banco Macro's value and its price as these two are different measures arrived at by different means. Investors typically determine Banco Macro value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Banco Macro's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.