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Banco Macro Cancels TELBRÁS Cedear Program

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Banco Macro Cancels TELBRÁS Cedear Program

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Banco Macro SA ( (BMA) ) has provided an announcement.

On June 23, 2025, Banco Macro S.A. announced the cancellation of the Cedear Program for Telecomunicacoes Brasileiras S.A. (TELBRÁS). The cancellation involved 3,639 Cedears with a total value of USD 104,000, with payments processed through Caja de Valores S.A. on June 19, 2025. This move may impact stakeholders involved with TELBRÁS Cedears, reflecting Banco Macro’s strategic adjustments in its financial offerings.

The most recent analyst rating on (BMA) stock is a Hold with a $91.00 price target. To see the full list of analyst forecasts on Banco Macro SA stock, see the BMA Stock Forecast page.

Spark’s Take on BMA Stock

According to Spark, TipRanks’ AI Analyst, BMA is a Outperform.

Banco Macro’s overall score reflects a balance of strong profitability and revenue growth against challenges in cash flow management and rising liabilities. The technical indicators show positive momentum, and the stock presents a fair valuation with an attractive dividend yield. The mixed results from the earnings call highlight the need to improve efficiency and manage loan loss provisions effectively. Despite these challenges, the bank’s strong market position and capitalization provide a positive outlook for future growth.

To see Spark’s full report on BMA stock, click here.

More about Banco Macro SA

Banco Macro S.A. is a prominent financial institution based in Buenos Aires, Argentina. It operates in the banking industry, offering a range of financial services and products to its clients, with a focus on the Argentine market.

Average Trading Volume: 362,337

Technical Sentiment Signal: Buy

Current Market Cap: $4.74B

For detailed information about BMA stock, go to TipRanks’ Stock Analysis page.

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