Banco Macro SA Releases 2024 Financial Statements

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

Banco Macro SA released its financial statements for the year ending December 31, 2024, accompanied by an audit report from an independent auditor. The financial statements reveal the bank’s financial position, including assets, liabilities, and equity, as well as its income and cash flow statements. This release provides stakeholders with insights into the bank’s financial health and operational performance over the past year.

The most recent analyst rating on (BMA) stock is a Buy with a $107.00 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 SA is a commercial bank based in Buenos Aires, Argentina, authorized by the Central Bank of Argentina as a private bank. It operates in the financial services industry, providing a range of banking products and services.

Average Trading Volume: 341,004

Technical Sentiment Signal: Strong Buy

Current Market Cap: $5.97B

See more insights into BMA stock on TipRanks’ Stock Analysis page.