Wall Street analyst estimates for Banco Macro S.A. (BMA): consensus price target and buy/hold/sell recommendations.
Banco Macro S.A. operates as a leading financial services institution in Argentina, providing a broad spectrum of banking products and solutions to both individual consumers and corporate entities nationwide. For its retail customers, the bank offers essential services such as current and savings accounts, along with term deposit options.
Analyst Consensus
| Strong Buy | 0 |
| Buy | 7 |
| Hold | 5 |
| Sell | 2 |
| Strong Sell | 0 |
| Total analysts | 14 |
| Avg rating (−2 sell to +2 buy) | 0.36 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-11-25 | $2.09 | ||
| 2026-08-19 | $2.17 | $1.59 | +36.5% |
| 2026-05-27 | $1.59 | $1.42 | +12.0% |
| 2026-04-20 | $1.24 | $1.38 | -10.1% |
| 2026-02-25 | $1.98 | $1.38 | +43.5% |
| 2025-08-27 | $1.95 | $1.99 | -2.0% |
| 2025-05-28 | $0.65 | $1.66 | -60.8% |
| 2025-02-26 | $1.50 | $2.41 | -37.8% |
Valuation Ratios
| P/E Ratio | 14.99 |
| Price / Book | 1.01 |
| Dividend Yield | 5.98% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 338.79B ARS | 1.59T ARS | 2.77T ARS | 387.42B ARS | 587.93B ARS | 1.70T ARS | 5.37T ARS | 9.69T ARS | 6.46T ARS | 5.82T ARS |
| Cost of Revenue | 14.35B ARS | 0 | 38.76B ARS | 140.77B ARS | 201.98B ARS | 589.91B ARS | 2.14T ARS | 3.65T ARS | 2.05T ARS | 2.88T ARS |
| Gross Profit | 338.79B ARS | 1.59T ARS | 2.77T ARS | 246.65B ARS | 385.95B ARS | 1.11T ARS | 3.23T ARS | 6.04T ARS | 4.41T ARS | 2.94T ARS |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | 115.99B ARS | 496.73B ARS | 898.17B ARS | 17.32B ARS | 111.19B ARS | 350.72B ARS | 351.04B ARS | 923.47B ARS | 1.02T ARS | 1.58T ARS |
| Operating Expenses | 338.79B ARS | 1.59T ARS | 2.77T ARS | 177.48B ARS | 270.69B ARS | 965.84B ARS | 2.83T ARS | 4.16T ARS | 4.05T ARS | 2.34T ARS |
| Operating Income | 10.02B ARS | 0 | 30.72B ARS | 69.17B ARS | 115.26B ARS | 145.94B ARS | 401.07B ARS | 1.88T ARS | 360.01B ARS | 595.61B ARS |
| EBITDA | -312.5M ARS | -37.48B ARS | 0 | 75.34B ARS | 12.82B ARS | 189.17B ARS | 504.48B ARS | 2.05T ARS | 498.16B ARS | 774.72B ARS |
| Interest Expense | 209.87B ARS | 478.77B ARS | 1.35T ARS | 131.84B ARS | 178.87B ARS | 574.16B ARS | 2.09T ARS | 3.55T ARS | 1.94T ARS | 2.25T ARS |
| Pre-tax Income | 158.07B ARS | 404.16B ARS | 391.68B ARS | 69.17B ARS | 115.26B ARS | 145.94B ARS | 401.07B ARS | 1.88T ARS | 360.01B ARS | 595.91B ARS |
| Income Tax | 3.48B ARS | 236.90B ARS | 9.43B ARS | 26.59B ARS | 38.36B ARS | 7.19B ARS | 124.57B ARS | 614.79B ARS | 33.52B ARS | 256.92B ARS |
| Net Income | 103.21B ARS | 167.26B ARS | -32.04B ARS | 42.57B ARS | 76.90B ARS | 138.74B ARS | 276.45B ARS | 1.27T ARS | 325.50B ARS | 337.27B ARS |
| EPS | 1,742.00 ARS | 2,468.70 ARS | -493.50 ARS | 638.10 ARS | 1,202.30 ARS | 457.80 ARS | 846.10 ARS | 22,388.80 ARS | 5,090.60 ARS | 5,281.60 ARS |
| EPS (Diluted) | 1,742.00 ARS | 2,468.70 ARS | -493.50 ARS | 638.10 ARS | 1,202.30 ARS | 457.80 ARS | 846.10 ARS | 22,388.80 ARS | 5,090.60 ARS | 5,281.60 ARS |
| Shares Outstanding (Diluted) | 59.2 M | 67.7 M | 64.8 M | 63.9 M | 63.9 M | 63.9 M | 63.9 M | 63.9 M | 63.9 M | 63.9 M |
Price
| Price | $60.15 (closing price, October 30, 2026) |
| Market Cap | $3.8B |
| Exchange | NYSE |
| Country | AR |
Related companies: VLY · COLB · UBSI · PB · FNB · HOMB · AVAL
Explore sector: Financial Services · Banks - Regional
More sections of BMA: Overview · Financials · Valuation · Statistics · Technical · Ownership · News · Events
Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Companies that pass the Buffett method · Companies that pass the Lynch method · Stocks that pass Graham's defensive investor test today · Investment Academy — learn to analyze stocks