Banco Stock Today

BMA
 Stock
  

USD 11.22  0.41  3.53%   

Market Performance
0 of 100
Odds Of Distress
Less than 46
Banco Macro is trading at 11.22 as of the 5th of July 2022, a -3.53% down since the beginning of the trading day. The stock's open price was 11.63. Banco Macro has 46 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Banco Macro SA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of February 2022 and ending today, the 5th of July 2022. Click here to learn more.
CUSIP
05961W105
Fiscal Year End
December
Business Domain
Banks
IPO Date
24th of March 2006
Category
Financial Services
Classification
Financials
ISIN
US05961W1053
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. The company has 63.9 M outstanding shares of which 473.13 K shares are currently shorted by investors with about 2.27 days to cover. More on Banco Macro SA

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Banco Macro Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Banco Macro's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Banco Macro or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Banco Macro SA generated a negative expected return over the last 90 days
Banco Macro SA has high likelihood to experience some financial distress in the next 2 years
Latest headline from www.portlincolntimes.com.au: Fresh drubbing for stocks - Port Lincoln Times
CEOGustavo Manriquez
Thematic IdeaBanking (view all)
Fama & French Classification
Average Analyst Recommendation
Analysts covering Banco Macro report their recommendations after researching Banco Macro's financial statements, talking to executives and customers, or listening in on Banco Macro's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Banco Macro SA. The Banco consensus assessment is calculated by taking the average forecast from all of the analysts covering Banco Macro.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Banco Macro SA based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Banco Macro SA financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 5 - HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares738.1 M735.3 M
Slightly Up
Increasing
Slightly volatile
Weighted Average Shares Diluted773.8 M760.3 M
Fairly Up
Increasing
Slightly volatile
Net Cash Flow from Operations45.4 B44.7 B
Fairly Up
Increasing
Slightly volatile
Total Assets1078.2 B999.3 B
Significantly Up
Increasing
Slightly volatile
Total Liabilities819.6 B759.7 B
Significantly Up
Increasing
Slightly volatile
Total Debt121.8 B112.9 B
Significantly Up
Increasing
Slightly volatile
Return on Average Assets0.02690.021
Significantly Up
Decreasing
Very volatile
Gross Margin0.890.9
Fairly Down
Decreasing
Slightly volatile
Asset Turnover0.210.176
Fairly Up
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Banco Macro's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
Banco Macro's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Banco Macro's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Banco Macro's financial leverage. It provides some insight into what part of Banco Macro's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Banco Macro's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Banco Macro deploys its capital and how much of that capital is borrowed.
Liquidity
Banco Macro cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 46.83 B in debt with debt to equity (D/E) ratio of 5.66, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Debt can assist Banco Macro until it has trouble settling it off, either with new capital or with free cash flow. So, Banco Macro's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Banco Macro SA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Banco to invest in growth at high rates of return. When we think about Banco Macro's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

45.4 BillionShare
Banco Macro SA (BMA) is traded on New York Stock Exchange in USA. It is located in Avenida Madero 1182 and employs 8,005 people. Banco Macro is listed under Banking category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with total capitalization of 743.16 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Banco Macro's market, we take the total number of its shares issued and multiply it by Banco Macro's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Banco Macro SA runs under Financial Services sector within Banks—Regional industry. The entity has 63.9 M outstanding shares of which 473.13 K shares are currently shorted by investors with about 2.27 days to cover. Banco Macro SA has about 269.28 B in cash with 193.58 B of positive cash flow from operations.
Check Banco Macro Probability Of Bankruptcy
Ownership
Banco Macro holds a total of sixty-three million nine hundred thousand outstanding shares. Almost 93.0 percent of Banco Macro outstanding shares are held by regular investors with 0.0 (percent) owned by insiders and only 6.69 % by other corporate entities. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Banco Ownership Details

Banco Stock Price Odds Analysis

What are Banco Macro's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Banco Macro jumping above the current price in 90 days from now is about 97.0%. The Banco Macro SA probability density function shows the probability of Banco Macro stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.0711 suggesting Banco Macro SA market returns are sensitive to returns on the market. As the market goes up or down, Banco Macro is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Banco Macro SA is significantly underperforming DOW.
  Odds Below 11.22HorizonTargetOdds Above 11.22
2.71%90 days
 11.22 
97.27%
Based on a normal probability distribution, the odds of Banco Macro to move above the current price in 90 days from now is about 97.0 (This Banco Macro SA probability density function shows the probability of Banco Stock to fall within a particular range of prices over 90 days) .

Banco Stock 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.
InstituionSecurity TypeTotal SharesValue
Odey Asset Management Group LtdCommon Shares1.7 M28.6 M
Discovery Capital Management LlcCommon Shares928.2 K16.1 M
Susquehanna International Group LlpPut Options91.4 K1.6 M
Citadel Advisors LlcCall Options87.1 K1.5 M
View Banco Macro Diagnostics

Banco Macro Historical Income Statement

Banco Macro SA Income Statement is one of the three primary financial statements used for reporting Banco's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Banco Macro SA revenue and expense. Banco Macro Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Banco Macro Earning Before Interest and Taxes EBIT is projected to increase significantly based on the last few years of reporting. The past year's Earning Before Interest and Taxes EBIT was at 24.06 Billion. The current year Gross Profit is expected to grow to about 206.4 B, whereas Consolidated Income is forecasted to decline to about 19 B. View More Fundamentals

Banco Stock Against Markets

Picking the right benchmark for Banco Macro stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Banco Macro stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Banco Macro is critical whether you are bullish or bearish towards Banco Macro SA at a given time.

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 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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Banco Macro Corporate Directors

Banco Macro corporate directors refer to members of a Banco Macro board of directors. The board of directors generally takes responsibility for the Banco Macro's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Banco Macro's board members must vote for the resolution. The Banco Macro board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Juan Varela - Independent DirectorProfile
Martin Gorosito - Independent DirectorProfile
Carlos Giovanelli - DirectorProfile
Marcos Brito - DirectorProfile

Investing Banco Macro SA

You need to understand the risk of investing before taking a position in Banco Macro. The danger of trading Banco Macro SA is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Banco Macro is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Banco Macro. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Banco Macro SA is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Money Managers module to screen money managers from public funds and ETFs managed around the world.

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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.