Banco Macro S.A. (BMA) Valuation — DCF, Graham & Comparables

Banco Macro S.A. (BMA) — Price $60.15 (closing price, October 30, 2026) — Financial Services — Banks - Regional — NYSE

Latest reported results:

Valuation dashboard for Banco Macro S.A. (BMA) with P/E 14.99, P/B 1.01, EV/EBITDA 6.1 and dividend yield 5.98%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Financial Services companies.

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.

What would it be worth at its usual multiples?

No valuation verdict: it trades at 15.0 times earnings, but there is not enough data to compare it with.

Analysis Summary

Banco Macro S.A. reported revenue of 5.82T ARS in the most recent fiscal year, growing at a 5-year CAGR of 58.1%. Net income reached 337.27B ARS, with a 34.4% 5-year CAGR.

Trailing-twelve-month margins: gross margin 56.9%, operating margin 10.5%, net margin 6.4%.

At $60.15 (closing price, October 30, 2026), BMA trades at a P/E of 14.99 and an ROE of 7.73%. Market capitalisation stands at $3.8B.

Balance sheet quality for BMA: debt-to-equity ratio of 0.27, current ratio of 9.57 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio14.99
Price / Book1.01
EV / EBITDA6.1
Dividend Yield5.98%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
BMABanco Macro S.A.$3.8B14.991.017.7%
VLYValley National Bancorp$7.8B11.050.999.4%
COLBColumbia Banking System, Inc.$8.9B10.621.2111.1%
UBSIUnited Bankshares, Inc.$6.6B13.101.229.4%
PBProsperity Bancshares, Inc.$8.7B13.090.886.7%
FNBF.N.B. Corporation$6.4B10.620.948.9%
HOMBHome Bancshares, Inc.$6.0B12.151.2911.0%
AVALGrupo Aval Acciones y Valores S.A.$5.3B9.830.949.5%

Price

Price$60.15 (closing price, October 30, 2026)
Market Cap$3.8B
ExchangeNYSE
CountryAR

Profitability

Return on Equity7.73%
Return on Invested Capital1.70%
Return on Assets1.66%
Gross Margin56.90%
Operating Margin10.50%
Net Margin6.36%

Related companies: VLY · COLB · UBSI · PB · FNB · HOMB · AVAL

Explore sector: Financial Services · Banks - Regional

More sections of BMA: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

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