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Banco Macro SA
(NYSE:BMA)
Banco Macro SA (BMA) vs. SPDR S&P 500 ETF (SPY)
Banco Macro SA Business Overview & Revenue Model
Banco Macro SA Earnings Call Summary
Banco Macro SA Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 5.51T | 6.46T | 9.69T | 5.37T | 1.70T | 587.93B |
| Gross Profit | 3.52T | 4.41T | 6.04T | 3.23T | 1.11T | 385.95B |
| EBITDA | 620.93B | 498.16B | 2.01T | 448.56B | 189.17B | 12.82B |
| Net Income | 291.41B | 325.50B | 1.27T | 276.45B | 138.74B | 76.90B |
Balance Sheet | ||||||
| Total Assets | 20.56T | 14.49T | 14.63T | 6.51T | 1.95T | 1.17T |
| Cash, Cash Equivalents and Short-Term Investments | 3.19T | 3.21T | 3.33T | 1.21T | 335.69B | 196.18B |
| Total Debt | 1.49T | 465.41B | 914.79B | 239.19B | 90.36B | 61.92B |
| Total Liabilities | 15.80T | 10.44T | 10.19T | 4.91T | 1.48T | 940.34B |
| Stockholders Equity | 4.76T | 4.05T | 4.44T | 1.59T | 466.72B | 228.74B |
Cash Flow | ||||||
| Free Cash Flow | -2.44T | 794.07B | -142.30B | 1.54T | 229.96B | 341.09B |
| Operating Cash Flow | -2.33T | 918.59B | -85.23B | 1.61T | 271.77B | 351.90B |
| Investing Cash Flow | -120.74B | -133.69B | 177.09B | -75.77B | -42.03B | -10.81B |
| Financing Cash Flow | 1.23T | -592.03B | -2.90T | -77.79B | -306.88B | 364.75B |
Banco Macro SA Technical Analysis
Banco Macro SA Risk Analysis
Banco Macro SA Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | $8.56B | 7.04 | 22.42% | 1.96% | -42.92% | -21.46% | |
70 Outperform | $5.30B | 7.54 | 12.35% | 3.59% | 2.79% | 2.11% | |
70 Outperform | $3.12B | 12.30 | 9.62% | 4.13% | -4.45% | 16.92% | |
69 Neutral | $3.54B | 14.44 | 10.17% | 0.69% | -39.50% | -49.55% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
65 Neutral | $5.00B | 12.00 | 10.91% | 2.07% | -57.78% | -67.92% | |
63 Neutral | $4.74B | 11.71 | 9.69% | 2.97% | -6.62% | 111.94% |
Banco Macro SA Corporate Events
On November 28, 2025, Banco Macro S.A. was notified of a class action lawsuit filed against it by ‘Usuarios y Consumidores Unidos.’ The lawsuit alleges that Banco Macro has been improperly applying the Tax for an Inclusive and Solidary Argentina (Impuesto PAIS) and withholding amounts for Income Tax and Personal Assets Tax on foreign currency purchases made with credit cards, even when these transactions do not involve a foreign exchange event. The plaintiffs are seeking a court order to stop these practices, demand repayment with interest, and require the bank to clearly inform customers about the tax applications, along with imposing a civil fine.
Banco Macro SA reported its financial results for the period ending November 26, 2025, showcasing a total net income of 176,739,280 pesos and a comprehensive income of 186,894,892 pesos. The bank’s shareholders’ equity stood at 4,759,982,328 pesos, reflecting a robust financial position. These results highlight the bank’s strong performance and solidify its standing in the Argentine banking sector, potentially impacting investor confidence and market positioning.
Banco Macro S.A. reported its financial results for the third quarter of 2025, ending September 30. The bank experienced a significant decline in net income, totaling Ps.176.7 billion for the first nine months of 2025, which was 35% lower than the same period in 2024. Despite this, the bank’s total financing increased by 69% year-over-year, and total deposits rose by 11% year-over-year, indicating strong growth in these areas. The bank maintained a robust solvency position with an excess capital of Ps.3.3 trillion and a capital adequacy ratio of 29.9%.
On November 12, 2025, Banco Macro S.A. announced the payment of the sixth installment of its cash dividend, amounting to AR $37,446,788,165.99, which is AR $58.5664000649 per share. This decision follows resolutions from the shareholders’ meeting in April 2025 and subsequent authorizations from the Central Bank of Argentina. The dividend will be available to shareholders starting November 27, 2025, with a record date of November 26, 2025. The announcement also mentions a potential supplementary notice if any share buybacks occur before the record date. This dividend distribution reflects Banco Macro’s ongoing commitment to returning value to its shareholders, while navigating regulatory requirements and maintaining its financial strategies.
On October 29, 2025, Banco Macro S.A. announced a complementary notice regarding the payment of a cash dividend installment, following a recent treasury share repurchase. The dividend, amounting to AR $36,589,874,132.56, will be available to shareholders from October 31, 2025, with a 7% withholding tax applied. The announcement underscores Banco Macro’s ongoing share buyback program and its impact on dividend distribution, reflecting the company’s strategic financial management and commitment to shareholder returns.
On October 15, 2025, Banco Macro S.A. reported a significant corporate action involving the acquisition of its own shares. The bank purchased 21,107 common Class B shares at an average price of Ps$ 7,426.31 per share, totaling Ps$ 156,747,150. This move is part of the bank’s strategic financial management, potentially impacting its market positioning and shareholder value.
On October 15, 2025, Banco Macro S.A. announced the payment of the fifth installment of its cash dividend, amounting to AR $36,589,874,132.56, or AR $57.2243060958 per share. This decision follows resolutions from earlier shareholder meetings and authorizations from the Central Bank of the Republic of Argentina. The dividend will be available to shareholders starting October 31, 2025, with a 7% withholding tax applicable. The announcement also noted the potential impact of the bank’s ongoing share buyback program on the dividend distribution.
On October 13, 2025, Banco Macro S.A. announced the acquisition of 2,000 of its own common, book entry, Class B shares. The shares, each with a par value of 1 Peso, were purchased at an average price of 7,490 Pesos per share, totaling an aggregate amount of 14,980,000 Pesos. This move is part of the bank’s strategic actions under the provisions of Section 64 of Law 26,831 and applicable CNV Rules and Regulations, potentially impacting its market positioning and shareholder value.
On October 8, 2025, Banco Macro S.A. announced a stock repurchase program, setting terms for the acquisition of up to 30 million Class B shares, with a maximum investment of Ps$. 225 billion. This decision, influenced by the current macroeconomic conditions and market fluctuations, aims to bolster the bank’s financial strength and liquidity, potentially impacting its market positioning positively.
Banco Macro SA released its condensed interim financial statements for the period ending June 30, 2025. The financial report highlights a decrease in cash and deposits in banks from December 31, 2024, to June 30, 2025, alongside a reduction in debt securities at fair value through profit or loss. These financial changes may impact the bank’s liquidity and investment strategies, affecting stakeholders’ interests.
On September 10, 2025, Banco Macro S.A. announced the payment of the fourth installment of its cash dividend, amounting to AR $35,845,730,979.60, which represents a significant return of 5,606.0336% of its capital stock. This distribution, authorized by the Central Bank of the Republic of Argentina and the company’s board, will be available to shareholders from September 29, 2025, with a 7% withholding tax applicable under the revised Income Tax Law.