Banco Stock Financials

BMA
 Stock
  

USD 11.22  0.41  3.53%   

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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With this module, you can analyze Banco financials for your investing period. You should be able to track the changes in Banco Macro individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.

Banco Most Recent Estimates

Quarterly Earnings Growth YOY
1.48
Diluted Eps
3.32
EPS Estimate Current Year
3.22
EPS Estimate Next Year
3.96
Earnings Share
3.32

Revenues

206.36 Billion

Share
Understanding current and past Banco Macro Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Banco Macro's financial statements are interrelated, with each one affecting the others. For example, an increase in Banco Macro's assets may result in an increase in income on the income statement.
The fundamental analysis of Banco Macro is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Banco Macro includes many different criteria found on its balance sheet. For example, investors should never minimize Banco Macro's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Banco Macro's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Banco Macro.

Banco Macro SA Cash

Chance Of Financial Distress
Less than 46
Banco Macro SA has less than 46 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Banco Macro stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Banco Macro's official financial statements usually reflect Banco Macro's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Banco Macro SA. For example, before you start analyzing numbers published by Banco accountants, it's critical to develop an understanding of what Banco Macro's liquidity, profitability, and earnings quality are in the context of the Financial Services space in which it operates.
Please note, the presentation of Banco Macro's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Banco Macro's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Banco Macro's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Banco Macro SA. Please utilize our Beneish M Score to check the likelihood of Banco Macro's management to manipulate its earnings.

Banco Macro Company Summary

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 8005 people.
Foreign Associate  Argentina
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CUSIP05961W105
LocationArgentina
Business AddressAvenida Madero 1182
SectorFinancial Services
IndustryBanks—Regional
BenchmarkDOW
Websitewww.macro.com.ar
Phone54 11 5222 6500
CurrencyUSD - US Dollar
You should never invest in Banco Macro without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Banco Stock, because this is throwing your money away. Analyzing the key information contained in Banco Macro's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Banco Macro Key Financial Ratios

Generally speaking, Banco Macro's financial ratios allow both analysts and investors to convert raw data from Banco Macro's financial statements into concise, actionable information that can be used to evaluate the performance of Banco Macro over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Banco Macro SA reports annually and quarterly.

Banco Macro Key Balance Sheet Accounts

201720182019202020212022 (projected)
Total Assets338.07 B540.3 B606.15 B1,169.09 B999.3 B1,078.19 B
Cash and Equivalents52.51 B115.01 B137.07 B196.18 B172.33 B185.94 B
Total Debt35.45 B61.5 B70.8 B133.5 B112.9 B121.81 B
Deposit Liabilities212.8 B366.05 B357.87 B737.71 B588.85 B635.34 B
Shareholders Equity71.44 B93.69 B144.39 B228.74 B239.6 B258.52 B
Investments276.62 B425.06 B465.23 B930.54 B768.69 B829.38 B
Total Liabilities266.32 B446.61 B461.76 B940.34 B759.66 B819.64 B
Tax Liabilities7.75 B8.13 B11.84 B19.01 B6.6 B9.21 B

Banco Macro Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Banco Macro's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201720182019202020212022 (projected)
Consolidated Income9.13 B(1.5 B)42.57 B39.48 B22.87 B19.02 B
Gross Profit86.6 B128.73 B246.65 B205.21 B191.26 B206.36 B
Net Income9.13 B(1.5 B)42.57 B39.48 B22.87 B19.02 B
Operating Expenses50.25 B72.43 B121.47 B99.65 B100.9 B108.87 B
Operating Income36.35 B56.3 B125.18 B105.56 B90.36 B71.56 B
Revenues86.6 B128.73 B246.65 B205.21 B191.26 B206.36 B
Income Tax Expense12.94 B19.84 B26.59 B19.69 B1.19 B1.22 B

Banco Macro Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Banco Macro SA. It measures of how well Banco is doing because it can show the actual money that comes into and out of the company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Banco Macro brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Banco had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Banco Macro has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201720182019202020212022 (projected)
Capital Expenditure(382.21 M)(400.42 M)(4.53 B)(5.27 B)(4.74 B)(4.87 B)
Net Cash Flow or Change in Cash and Cash Equivalents(21.11 B)101.39 B(110.06 B)95.01 B(87.96 B)(90.27 B)
Issuance Repayment of Debt Securities6.48 B1.2 B(8.24 B)(6.46 B)(7.1 B)(7.29 B)
Payment of Dividends and Other Cash Distributions(1.82 B)(9.45 B)(17.48 B)(605 K)(544.5 K)(587.49 K)
Net Cash Flow from Financing35.35 B(16.42 B)(31.88 B)(10.4 B)(8.53 B)(8.75 B)
Net Cash Flow from Investing(4.53 B)(5.27 B)(8.51 B)(5.55 B)(6.93 B)(7.11 B)
Net Cash Flow from Operations(26.08 B)159.43 B28.48 B180.75 B44.65 B45.4 B

Banco Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Banco Macro's current stock value. Our valuation model uses many indicators to compare Banco Macro value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Banco Macro competition to find correlations between indicators driving Banco Macro's intrinsic value. More Info.
Banco Macro SA is number one stock in earnings per share category among related companies. It is number one stock in short ratio category among related companies fabricating about  0.92  of Short Ratio per Earnings Per Share. The ratio of Earnings Per Share to Short Ratio for Banco Macro SA is roughly  1.09 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Banco Macro by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Banco Macro's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Banco Macro's earnings, one of the primary drivers of an investment's value.

Banco Macro SA Systematic Risk

Banco Macro's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Banco Macro volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Beta measures systematic risk based on how returns on Banco Macro SA correlated with the market. If Beta is less than 0 Banco Macro generally moves in the opposite direction as compared to the market. If Banco Macro Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Banco Macro SA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Banco Macro is generally in the same direction as the market. If Beta > 1 Banco Macro moves generally in the same direction as, but more than the movement of the benchmark.
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About Banco Macro Financials

What exactly are Banco Macro Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Banco Macro's income statement, its balance sheet, and the statement of cash flows. Potential Banco Macro investors and stakeholders use financial statements 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. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines that you should keep in mind when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase year after year due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt to equity ratio because this number will tell you how much risk it has. If a company such as Banco Macro is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to try and figure out if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that net revenue of Banco grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only grown by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

Banco Macro Thematic Clasifications

Banco Macro SA is part of Banking investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Banking industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Banking Idea
BankingView
This theme covers USA Equities from Banking industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas

Banco Macro July 5, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Banco Macro help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Banco Macro SA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Banco Macro SA based on widely used predictive technical indicators. In general, we focus on analyzing Banco Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Banco Macro's daily price indicators and compare them against related drivers.
Information Ratio(0.11)
Maximum Drawdown12.98
Value At Risk(5.69)
Potential Upside3.77
Continue to Trending Equities. 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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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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
1.5 B
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.