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Banco Macro SA B ADR

Company price
58.03 USD -0.41 ( 0.70%)
Last update at 2026-11-10T15:03:00Z
VOLUME
6925
Market Cap
5175.86M
P/E
24.38

Momentum Score

…

Banco 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, 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 to corporate customers; and internet and mobile banking services. Additionally, it offers short-term and medium-to-long-term corporate lending products. Banco Macro S.A. was incorporated in 1966 and is headquartered in Buenos Aires, Argentina.

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Day Price Range
57.19
Low
58.32
High
52 Week Price Range
37.06
Low
104.54
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Banco Macro S.A. is a major Argentine bank offering retail, corporate and SME banking, deposits and lending via an extensive branch and digital network. Growth drivers include expansion of consumer and SME loans, digitalization and a high nominal interest rate environment that may support margins and leverage its large deposit base.

Principal risks are Argentina's macroeconomic and political volatility—notably high inflation, peso devaluation, capital controls and regulatory intervention—that could weaken asset quality, compress margins and restrict shareholder access to value.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
58.44
Dividend Yield
4.56%
Revenue TTM
4063887.62M
Revenue Per Share
63556.93
Gross Profit TTM
4003566.71M
Debt / Equity
0.29
ROE
5.50%
Net Debt
-1413.77M
ROCE
2.57%
Diluted EPS TTM
3.32

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 410.69M 360014.62M 1883015.10M 59143.53M 608.62M
Minority interest - -989.12M -350.74M -7.08M -1.00M
Net income 232.44M 325502.11M 1267458.71M 43038.52M 419.11M
Selling general administrative 307.84M 994643.44M 903239.02M 104115.82M 1037.79M
Selling and marketing expenses 780.90M 22156.74M 20234.83M 2374.90M 23.13M
Gross profit 2025.50M 4413505.25M 6042353.76M 278740.86M 4909.69M
Reconciled depreciation - 138140.50M 58098.77M 15248.63M 7126.00M
Ebit 410.69M 360014.62M 1883015.10M 499742.70M 608.55M
Ebitda 474.80M 498155.12M 2009533.08M 514991.32M 757.05M
Depreciation and amortization 64.11M 138140.50M 126517.98M 15248.63M 148.49M
Operating income 410.48M 360014.62M 1883015.10M 499742.70M 608.55M
Other operating expenses 3596.91M 6104223.78M 7810665.55M 11512.65M -4301.13M
Interest expense 1550.03M 1942626.04M 3551223.69M 307140.28M 2990.91M
Tax provision 220524.11M 33523.39M 282321.07M 19454.14M 1662.57M
Interest income - 3551436.30M 2446332.75M 612465.37M 225432.00M
Net interest income - 1608810.25M 825033.59M 305325.09M 130779.59M
Income tax expense 177.07M 33523.39M 614792.59M 18369.87M 189.44M
Total revenue 4007.60M 6464238.40M 9693680.65M 484361.72M 4909.69M
Total operating expenses 1088.75M 4053490.63M 4159338.66M -194108.21M -4301.13M
Cost of revenue 1982.10M 2050733.15M 3651326.90M 205620.86M -
Total other income expense net 0.21M 360014.62M -64.92M -440599.16M 0.07M
Net income from continuing ops - 326491.23M 587675.14M 40773.67M 27123.00M
Net income applicable to common shares 260717.01M 303026.18M 579262.37M 43038.52M 27122.00M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 16020.61M 14492424.83M 7507.12M 2090455.00M 997701.00M
Intangible assets 126019.30M 147475.91M 84.00M 17439.76M 8404.28M
Earning assets - - - - 391291.82M
Other current assets - 33874.43M 2073369.10M 152383.00M 389932.00M
Total liab 12412.58M 10441712.23M 5223.07M 1577960.00M 50657.00M
Total stockholder equity 3605.94M 4049083.08M 2283.53M 512410.00M 238569.00M
Other current liab - 8292040.08M 2227285.66M 11375.00M 351.00M
Common stock 0.44M 639.41M 0.71M 639.00M 639.00M
Capital stock - 639.41M 639.41M 639.00M 639.41M
Retained earnings 200.16M -521635.02M 227.40M 43176.00M 18202.00M
Other liab - - - 193893.00M 124487.00M
Good will - - 75086.63M 0.24M -0.28M
Other assets 117214.30M 14492424.83M -6357257.84M 1709752.29M 326088.45M
Cash 2472.38M 2776111.55M 1344.38M 250089.00M 172333.00M
Total current liabilities 61.67M 8481839.84M 2227612.84M 10849.44M 589205.00M
Current deferred revenue - - -2300750.00M - -
Net debt -1413.77M -2310701.01M -901.35M -175243.00M -127368.00M
Short term debt 61.67M 25325.87M 144633.11M - -
Short long term debt total 1058.61M 465410.54M 443.04M 74846.00M 44965.00M
Other stockholder equity 8.57M 1263123.72M 647.77M 185720.00M 95031.00M
Property plant equipment 1043087.19M 788293.01M - 101863.74M 52872.00M
Total current assets 2472.38M 4283925.20M 2075481.23M 363189.38M 236176.55M
Long term investments - 4168923.79M 2347823.17M 1039106.00M 374160.00M
Net tangible assets - - - 494970.00M 230165.00M
Short term investments 130.27M 438703.74M 325.94M - -0.42M
Net receivables - 1035235.48M 441.80M 113100.38M 63843.55M
Long term debt 1498859.90M 432465.21M 387091.81M 77294.74M 45402.70M
Inventory - - -2468491.25M - -
Accounts payable - - 34426.29M 1295395.00M 588851.00M
Accumulated other comprehensive income 3396.77M 3306954.96M 1407.65M 282875.00M 124697.00M
Non currrent assets other -125190.91M 94414.84M 4211090.89M -1140970.24M -435436.00M
Non current assets total 13411.86M 10208499.63M 4289283.72M 17513.33M 435436.00M
Capital lease obligations - 13988.63M 9388.79M 1965.26M 1420.17M
Long term debt total 1498859.90M 475937.90M - 77294.74M 45402.70M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -133689.80M 81322.81M -24330.24M -6928.12M
Change to liabilities - - - 0.00M 0.00M
Total cashflows from investing activities -171945.36M -133689.80M - -24330.24M -6928.12M
Net borrowings - -116742.62M - - -7897.78M
Total cash from financing activities 419208.67M -592027.19M -56.91M -24978.83M -52643.53M
Change to operating activities - - - - 18064.49M
Net income 199.46M 129163.10M 972.16M 59143.53M 145944.00M
Change in cash -1972.97M -151367.85M -950854.10M 146201.40M -533550.38M
Begin period cash flow 1972.97M 3014889.10M 2609.57M 603726.21M 2413599.95M
End period cash flow - 2863521.25M 1547.05M 749927.62M 1880049.58M
Total cash from operating activities -280034.75M 918590.56M -85229.09M 517729.50M 271768.21M
Depreciation - 138140.50M 57512.20M 15248.63M 43224.59M
Other cashflows from investing activities - -647.26M - -3.82M -35.65M
Dividends paid 270410.66M 466940.84M 0.20M 19094.76M -
Sale purchase of stock -180.98M - - - 0.00M
Other cashflows from financing activities -15362.69M -8343.74M -61.25M 3866.53M -149468.22M
Change to netincome - - - - 90336.65M
Capital expenditures 171945.36M 124516.29M 63.78M 24326.41M 41809.80M
Change in working capital -236416.09M -4794518.21M -2164.98M 148888.70M -456145.86M
Other non cash items -199.46M 5445805.17M -141548.47M 294448.64M 694655.47M
Free cash flow - 794074.28M -159.01M 493403.09M 229958.41M

Peer Comparison*

Sector: Financial Services Industry: Banks - Regional

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
BMA
Banco Macro SA B ADR
-0.41
0.70%
58.03 24.38 3.10 0.00 1.35 2.00
DBSDY
DBS Group Holdings Ltd ADR
-0.25
0.11%
220.00 20.00 17.57 7.54 3.17 13.19
CIHHF
China Merchants Bank Co Ltd Class H
-
-%
6.69 7.70 7.10 0.55 0.83 3.51
CIHKY
China Merchants Bank Co Ltd
-0.13
0.37%
34.55 7.79 7.20 0.55 0.85 3.51
UNCFF
UniCredit SpA
-0.36
0.39%
90.94 11.53 10.27 5.72 1.83 8.22

Profile*

Banco Macro SA B ADR

Banco 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, 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 to corporate customers; and internet and mobile banking services. Additionally, it offers short-term and medium-to-long-term corporate lending products. Banco Macro S.A. was incorporated in 1966 and is headquartered in Buenos Aires, Argentina.

Avenida Eduardo Madero 1182, Buenos Aires, Argentina, C1106ACY

54 11 5222 6500

8490

Name Title Year Born
Mr. Gustavo Alejandro Manriquez GM & CEO 1969
Mr. Jorge Francisco Scarinci CFO, Fin. Mang. & IR Mang. 1970
Mr. Ernesto Eduardo Medina Operations & Technology Mang. 1967
Mr. Marcelo Agustin Devoto Investment Banking Mang. 1976
Mr. Gerardo Adrian Alvarez Admin. & HR Mang. 1969
Mr. Ernesto Lopez Legal Mang. 1972
Mr. Gustavo Emilio Pessagno Compliance Mang. 1971
Mr. Francisco Muro Distribution & Sales Mang. 1973
Ms. Ana María Magdalena Marcet Credit Risk Mang. 1961
Lic. Brian Anthony Commercial banking manager 1973

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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