Banco Macro S.A. (BMA) AI Stock Analysis

Banco Macro S.A., established in 1966 and based in Buenos Aires, Argentina, provides comprehensive banking products and services to retail and corporate clients. Its retail banking unit offers savings and checking accounts, time deposits, credit and debit cards, consumer finance, mortgage loans, automobile loans, home and car insurance, and document discounts. It also delivers tax collection, utility payments, ATMs, and money transfer services. Its corporate banking division serves businesses through deposits, lending, cash management, factoring, foreign trade credit lines, payroll services, and foreign exchange. Banco Macro also offers digital banking through internet and mobile platforms.

Banco Macro achieved a five-year revenue CAGR of 58.1% from FY2020 to FY2025. Annual revenue expanded to $5.37T in FY2022 and peaked at $9.69T in FY2023, before contracting 33.3% to $6.46T in FY2024 and 10.0% to $5.82T in FY2025. Operating margin shifted from 19.4% in FY2023 to 5.6% in FY2024, rebounding to 10.2% in FY2025. Net income stood at $337.27B in FY2025 with net margin of 5.8% and EPS of $2859.84. In the latest quarter ended June 30, 2026, quarterly revenue grew 1.2% year-over-year while quarterly earnings expanded 3.5% year-over-year.

As of June 30, 2026, Banco Macro held $3.33T in cash and short-term investments alongside total debt of $1.74T, resulting in net cash of $1.59T. Shareholders' equity stood at $6.34T against total assets of $25.96T, with a debt-to-equity ratio of 0.27 and a current ratio of 9.57. In FY2025, the bank generated $2.47T in operating cash flow and $1.56B in free cash flow, deploying capital toward $138.1M in capital expenditures, $210.9M in share buybacks, and $315.04B in dividends paid.

Banco Macro trades at a trailing P/E of 13.1x, slightly above the 12.1x median of its US-listed Financial Services peers. However, its forward P/E of 3.1x sits below the peer median of 10.8x, supported by a PEG ratio of 0.47 and a price-to-book ratio of 1.1x. Over the past year, the stock returned 27.7%, outperforming the S&P 500 (SPY) return of 16.8%. Over a five-year period, BMA generated a 421.3% return compared to 83.0% for the S&P 500.

Banco Macro pays a monthly dividend with an annual forward dividend of $4.56, representing a forward dividend yield of 7.11%. The bank has paid dividends for 5 consecutive years, reporting a payout ratio of 0.1%. Its last ex-dividend date occurred on July 6, 2026.

Wall Street coverage includes 5 Strong Buy, 3 Buy, and 1 Hold ratings, with zero Sell or Strong Sell recommendations. The mean price target of $105.61 implies upside of 64.9% compared to the last close of $64.04 on October 16, 2026. For FY2026 ending December 31, 2026, consensus estimates project revenue of $5.97T and EPS of $12535.77, representing 130.3% earnings growth. The company beat EPS estimates in 3 of the last 4 quarters, with next earnings scheduled for November 25, 2026.

This page is an AI-written research summary of Banco Macro S.A. (BMA). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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