Banco Fundamentals

BMA
 Stock
  

USD 15.08  0.29  1.89%   

Banco Macro SA fundamentals help investors to digest information that contributes to Banco Macro's financial success or failures. It also enables traders to predict the movement of Banco Stock. The fundamental analysis module provides a way to measure Banco Macro's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Banco Macro stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  

Banco Revenue Analysis

Banco Macro's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Revenue 
 = 
Money Received 
Discounts and Returns 
More About Revenue | All Equity Analysis

Current Banco Macro Revenue

    
  200.66 B  
Most of Banco Macro's fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Banco Macro SA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Compare to competition

Based on the latest financial disclosure, Banco Macro SA reported 200.66 B of revenue. This is much higher than that of the Financial Services sector and significantly higher than that of the Banks—Regional industry. The revenue for all United States stocks is significantly lower than that of the firm.

Banco Macro SA Fundamental Drivers 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 number of shares shorted category among related companies. It is the top company in revenue category among related companies totaling about  446,248  of Revenue per Number of Shares Shorted. . 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 Institutional Holders

Institutional Holdings refers to the ownership stake in Banco Macro that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Banco Macro's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Banco Macro's value.
Security TypeSharesValue
Odey Asset Management Group LtdCommon Shares1.6 M17.7 M
Discovery Capital Management LlcCommon Shares446.3 KM
Citadel Advisors LlcCommon Shares345.4 K3.9 M
Eaton Vance ManagementCommon Shares237.3 K2.7 M
Arrowstreet Capital Limited PartnershipCommon Shares228.3 K2.6 M
Morgan StanleyCommon Shares94.6 K1.1 M
Group One Trading LpCall Options90.7 KM
Mirae Asset Global Investments Co LtdCommon Shares85.7 K960 K
Group One Trading LpPut Options77.8 K871 K

Banco Fundamentals

About Banco Macro Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Banco Macro SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Banco Macro using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Banco Macro SA based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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 is traded on New York Stock Exchange in the United States.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Banco Macro without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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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.

Moving against Banco Macro

-0.64HPQHp Inc Fiscal Year End 22nd of November 2022 PairCorr
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 Banco Macro Piotroski F Score and Banco Macro Altman Z Score analysis. You can also try Global Correlations module to find global opportunities by holding instruments from different markets.

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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.
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.