Switch to:
Also traded in: Argentina, Germany, USA

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Cash-to-Debt 5.63
NYSE:BMA's Cash-to-Debt is ranked higher than
65% of the 1482 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 1.92 vs. NYSE:BMA: 5.63 )
Ranked among companies with meaningful Cash-to-Debt only.
NYSE:BMA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.67  Med: 6.38 Max: N/A
Current: 5.63
Equity-to-Asset 0.14
NYSE:BMA's Equity-to-Asset is ranked higher than
81% of the 1484 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 0.10 vs. NYSE:BMA: 0.14 )
Ranked among companies with meaningful Equity-to-Asset only.
NYSE:BMA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.11  Med: 0.13 Max: 0.18
Current: 0.14
0.11
0.18
Interest Coverage 0.78
NYSE:BMA's Interest Coverage is ranked lower than
71% of the 1576 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 1.67 vs. NYSE:BMA: 0.78 )
Ranked among companies with meaningful Interest Coverage only.
NYSE:BMA' s Interest Coverage Range Over the Past 10 Years
Min: 0.63  Med: 0.9 Max: 1.28
Current: 0.78
0.63
1.28
Piotroski F-Score: 5
Beneish M-Score: -3.39
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 9/10

vs
industry
vs
history
Operating Margin % 47.99
NYSE:BMA's Operating Margin % is ranked higher than
84% of the 1497 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 30.60 vs. NYSE:BMA: 47.99 )
Ranked among companies with meaningful Operating Margin % only.
NYSE:BMA' s Operating Margin % Range Over the Past 10 Years
Min: 30.53  Med: 38.7 Max: 47.99
Current: 47.99
30.53
47.99
Net Margin % 32.30
NYSE:BMA's Net Margin % is ranked higher than
79% of the 1496 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 21.84 vs. NYSE:BMA: 32.30 )
Ranked among companies with meaningful Net Margin % only.
NYSE:BMA' s Net Margin % Range Over the Past 10 Years
Min: 21.35  Med: 26.86 Max: 32.3
Current: 32.3
21.35
32.3
ROE % 34.49
NYSE:BMA's ROE % is ranked higher than
98% of the 1495 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 8.26 vs. NYSE:BMA: 34.49 )
Ranked among companies with meaningful ROE % only.
NYSE:BMA' s ROE % Range Over the Past 10 Years
Min: 19.73  Med: 26.71 Max: 36.6
Current: 34.49
19.73
36.6
ROA % 5.21
NYSE:BMA's ROA % is ranked higher than
98% of the 1504 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 0.87 vs. NYSE:BMA: 5.21 )
Ranked among companies with meaningful ROA % only.
NYSE:BMA' s ROA % Range Over the Past 10 Years
Min: 2.89  Med: 3.35 Max: 5.57
Current: 5.21
2.89
5.57
3-Year Revenue Growth Rate 37.10
NYSE:BMA's 3-Year Revenue Growth Rate is ranked higher than
98% of the 1300 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 3.80 vs. NYSE:BMA: 37.10 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
NYSE:BMA' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: -35.6  Med: 33.7 Max: 92.8
Current: 37.1
-35.6
92.8
3-Year EBITDA Growth Rate 46.40
NYSE:BMA's 3-Year EBITDA Growth Rate is ranked higher than
94% of the 1210 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 6.10 vs. NYSE:BMA: 46.40 )
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
NYSE:BMA' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: -51.7  Med: 40.1 Max: 51.9
Current: 46.4
-51.7
51.9
3-Year EPS without NRI Growth Rate 49.60
NYSE:BMA's 3-Year EPS without NRI Growth Rate is ranked higher than
94% of the 1174 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 7.30 vs. NYSE:BMA: 49.60 )
Ranked among companies with meaningful 3-Year EPS without NRI Growth Rate only.
NYSE:BMA' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -37.7  Med: 28.85 Max: 49.6
Current: 49.6
-37.7
49.6
GuruFocus has detected 2 Warning Signs with Banco Macro SA $NYSE:BMA.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» NYSE:BMA's 10-Y Financials

Financials (Next Earnings Date: 2017-05-17 Est.)


Revenue & Net Income
Equity & Asset
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

» Details

Guru Trades

Q1 2016

BMA Guru Trades in Q1 2016

Caxton Associates 112,586 sh (New)
Ken Fisher 4,500 sh (unchged)
George Soros Sold Out
» More
Q2 2016

BMA Guru Trades in Q2 2016

Lee Ainslie 18,560 sh (New)
Jim Simons 2,700 sh (New)
Ken Fisher 4,500 sh (unchged)
Caxton Associates 101,587 sh (-9.77%)
» More
Q3 2016

BMA Guru Trades in Q3 2016

Jeremy Grantham 138,000 sh (New)
Jim Simons 21,785 sh (+706.85%)
Caxton Associates 112,987 sh (+11.22%)
Ken Fisher 4,500 sh (unchged)
Lee Ainslie Sold Out
» More
Q4 2016

BMA Guru Trades in Q4 2016

Jim Simons 82,500 sh (+278.70%)
Jeremy Grantham 142,700 sh (+3.41%)
Ken Fisher 4,500 sh (unchged)
Caxton Associates 28,235 sh (-75.01%)
» More
» Details

Insider Trades

Latest Guru Trades with BMA

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

No Entry found in the selected group of Gurus. You can
  • 1. Modify your Personalized List of Gurus, or
  • 2. Click on Premium Premium Tools above to check out all the Gurus, or
  • 3. Click on Premium Plus Premium Plus above for the stocks picks of all the institutional investment advisors (>4000)
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Business Description

Industry: Banks » Banks - Regional - Latin America    NAICS: 522110 
Compare:NAS:GGAL, NYSE:ITCB, NYSE:BFR, NYSE:SUPV, NYSE:BLX, NYSE:AVAL, NYSE:CIB, OTCPK:GPFOF, NYSE:BSAC, NYSE:BCH, OTCPK:GBOOF, NYSE:BAP, NYSE:BSMX, OTCPK:BDORY, NYSE:BBD, NYSE:BSBR, NYSE:ITUB » details
Traded in other countries:BMA.5.Argentina, B4W.Germany, BCVMF.USA,
Macro Bank Inc provides standard banking products and services. The Company has two categories of customers: retail customers and corporate customers.

Banco Macro, based in Argentina, is a commercial bank that targets consumers and small to medium-size businesses. It is the sixth-largest bank in the country by deposits and operates one of the country's biggest branch networks. Most of its business is generated in the provinces outside of Buenos Aires, where the bank enjoys market shares of up to 60%. Macro has grown dramatically since the 2002 crisis by acquiring distressed provincial banks.

Ratios

vs
industry
vs
history
PE Ratio 11.95
BMA's PE Ratio is ranked higher than
65% of the 1638 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 14.36 vs. BMA: 11.95 )
Ranked among companies with meaningful PE Ratio only.
BMA' s PE Ratio Range Over the Past 10 Years
Min: 2.81  Med: 8.53 Max: 21.39
Current: 11.95
2.81
21.39
Forward PE Ratio 163.93
BMA's Forward PE Ratio is ranked lower than
99% of the 407 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 16.26 vs. BMA: 163.93 )
Ranked among companies with meaningful Forward PE Ratio only.
N/A
PE Ratio without NRI 11.95
BMA's PE Ratio without NRI is ranked higher than
66% of the 1595 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 14.62 vs. BMA: 11.95 )
Ranked among companies with meaningful PE Ratio without NRI only.
BMA' s PE Ratio without NRI Range Over the Past 10 Years
Min: 2.78  Med: 8.55 Max: 22.08
Current: 11.95
2.78
22.08
Price-to-Owner-Earnings 11.29
BMA's Price-to-Owner-Earnings is ranked higher than
65% of the 860 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 14.74 vs. BMA: 11.29 )
Ranked among companies with meaningful Price-to-Owner-Earnings only.
BMA' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 3.16  Med: 7.46 Max: 16
Current: 11.29
3.16
16
PB Ratio 3.55
BMA's PB Ratio is ranked lower than
96% of the 1552 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 1.17 vs. BMA: 3.55 )
Ranked among companies with meaningful PB Ratio only.
BMA' s PB Ratio Range Over the Past 10 Years
Min: 0.61  Med: 2.02 Max: 2850
Current: 3.55
0.61
2850
PS Ratio 4.06
BMA's PS Ratio is ranked lower than
60% of the 1539 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 3.41 vs. BMA: 4.06 )
Ranked among companies with meaningful PS Ratio only.
BMA' s PS Ratio Range Over the Past 10 Years
Min: 0.66  Med: 2.31 Max: 14.55
Current: 4.06
0.66
14.55
Price-to-Free-Cash-Flow 4.06
BMA's Price-to-Free-Cash-Flow is ranked higher than
76% of the 854 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 13.08 vs. BMA: 4.06 )
Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
BMA' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 1.17  Med: 5.68 Max: 34.31
Current: 4.06
1.17
34.31
Price-to-Operating-Cash-Flow 3.97
BMA's Price-to-Operating-Cash-Flow is ranked higher than
75% of the 920 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 11.36 vs. BMA: 3.97 )
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
BMA' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 1.14  Med: 5.4 Max: 28.41
Current: 3.97
1.14
28.41
EV-to-EBIT 6.52
BMA's EV-to-EBIT is ranked higher than
75% of the 1204 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 12.59 vs. BMA: 6.52 )
Ranked among companies with meaningful EV-to-EBIT only.
BMA' s EV-to-EBIT Range Over the Past 10 Years
Min: -12.8  Med: 3.65 Max: 25.9
Current: 6.52
-12.8
25.9
EV-to-EBITDA 6.33
BMA's EV-to-EBITDA is ranked higher than
74% of the 1219 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 11.36 vs. BMA: 6.33 )
Ranked among companies with meaningful EV-to-EBITDA only.
BMA' s EV-to-EBITDA Range Over the Past 10 Years
Min: -15.1  Med: 3.4 Max: 25.9
Current: 6.33
-15.1
25.9
PEG Ratio 0.27
BMA's PEG Ratio is ranked higher than
94% of the 767 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 1.42 vs. BMA: 0.27 )
Ranked among companies with meaningful PEG Ratio only.
BMA' s PEG Ratio Range Over the Past 10 Years
Min: 0.12  Med: 0.18 Max: 0.31
Current: 0.27
0.12
0.31
Shiller PE Ratio 35.60
BMA's Shiller PE Ratio is ranked lower than
79% of the 488 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 21.69 vs. BMA: 35.60 )
Ranked among companies with meaningful Shiller PE Ratio only.
BMA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.89  Med: 26.8 Max: 37.51
Current: 35.6
10.89
37.51

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield % 1.18
BMA's Dividend Yield % is ranked lower than
83% of the 2308 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 2.66 vs. BMA: 1.18 )
Ranked among companies with meaningful Dividend Yield % only.
BMA' s Dividend Yield % Range Over the Past 10 Years
Min: 0.33  Med: 1.99 Max: 5.19
Current: 1.18
0.33
5.19
Dividend Payout Ratio 0.13
BMA's Dividend Payout Ratio is ranked higher than
95% of the 1308 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 0.33 vs. BMA: 0.13 )
Ranked among companies with meaningful Dividend Payout Ratio only.
BMA' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.13  Med: 0.2 Max: 0.21
Current: 0.13
0.13
0.21
Forward Dividend Yield % 1.77
BMA's Forward Dividend Yield % is ranked lower than
73% of the 2276 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 2.87 vs. BMA: 1.77 )
Ranked among companies with meaningful Forward Dividend Yield % only.
N/A
5-Year Yield-on-Cost % 1.18
BMA's 5-Year Yield-on-Cost % is ranked lower than
86% of the 2646 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 3.10 vs. BMA: 1.18 )
Ranked among companies with meaningful 5-Year Yield-on-Cost % only.
BMA' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.33  Med: 1.99 Max: 5.19
Current: 1.18
0.33
5.19

Valuation & Return

vs
industry
vs
history
Price-to-Tangible-Book 3.55
BMA's Price-to-Tangible-Book is ranked lower than
95% of the 1534 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 1.24 vs. BMA: 3.55 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
BMA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.84  Med: 2.15 Max: 2625
Current: 3.55
0.84
2625
Price-to-Intrinsic-Value-Projected-FCF 0.90
BMA's Price-to-Intrinsic-Value-Projected-FCF is ranked lower than
56% of the 895 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 0.81 vs. BMA: 0.90 )
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
BMA' s Price-to-Intrinsic-Value-Projected-FCF Range Over the Past 10 Years
Min: 0.33  Med: 0.81 Max: 1.46
Current: 0.9
0.33
1.46
Price-to-Intrinsic-Value-DCF (Earnings Based) 0.42
BMA's Price-to-Intrinsic-Value-DCF (Earnings Based) is ranked higher than
86% of the 138 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 0.90 vs. BMA: 0.42 )
Ranked among companies with meaningful Price-to-Intrinsic-Value-DCF (Earnings Based) only.
N/A
Price-to-Median-PS-Value 1.74
BMA's Price-to-Median-PS-Value is ranked lower than
85% of the 1429 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 1.18 vs. BMA: 1.74 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
BMA' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.34  Med: 0.97 Max: 5.79
Current: 1.74
0.34
5.79
Price-to-Peter-Lynch-Fair-Value 0.46
BMA's Price-to-Peter-Lynch-Fair-Value is ranked higher than
91% of the 437 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 1.17 vs. BMA: 0.46 )
Ranked among companies with meaningful Price-to-Peter-Lynch-Fair-Value only.
BMA' s Price-to-Peter-Lynch-Fair-Value Range Over the Past 10 Years
Min: 0.15  Med: 0.32 Max: 0.48
Current: 0.46
0.15
0.48
Price-to-Graham-Number 1.37
BMA's Price-to-Graham-Number is ranked lower than
78% of the 1344 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 0.96 vs. BMA: 1.37 )
Ranked among companies with meaningful Price-to-Graham-Number only.
BMA' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.38  Med: 0.92 Max: 42
Current: 1.37
0.38
42
Earnings Yield (Greenblatt) % 15.36
BMA's Earnings Yield (Greenblatt) % is ranked higher than
80% of the 1560 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 5.77 vs. BMA: 15.36 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
BMA' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: 3.9  Med: 22.2 Max: 7604.3
Current: 15.36
3.9
7604.3
Forward Rate of Return (Yacktman) % 48.92
BMA's Forward Rate of Return (Yacktman) % is ranked higher than
93% of the 885 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 11.32 vs. BMA: 48.92 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) % only.
BMA' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 6.1  Med: 50.35 Max: 75.3
Current: 48.92
6.1
75.3

More Statistics

Revenue (TTM) (Mil) $1,367
EPS (TTM) $ 7.56
Beta1.75
Short Percentage of Float0.52%
52-Week Range $56.87 - 87.00
Shares Outstanding (Mil)58.46

Analyst Estimate

Dec17 Dec18 Dec19
Revenue (Mil $) 1,665 1,918 2,195
EPS ($) 0.51 0.51 0.54
EPS without NRI ($) 0.51 0.51 0.54
EPS Growth Rate
(Future 3Y To 5Y Estimate)
N/A
Dividends per Share ($) 0.26 0.34 0.39
» More Articles for BMA

Headlines

Articles On GuruFocus.com
Stocks With Low P/Es and Margins of Safety Jan 10 2017 
Growing EPS for Undervalued Stocks May 17 2016 
Predictable and Undervalued Companies - Part IV Jul 07 2015 
Uncertainty and Company Valuations: The case of Argentina Mar 08 2014 
Should You Stay Long Argentinean Banks? Oct 13 2013 
Argentina's New Debt Exchange: Go Long Banks Sep 01 2013 
13 of the Best Dividend-Paying High Yields Sep 17 2012 
15 Stocks with Double-Digit Yields and Double-Digit Growth Aug 20 2012 
10% Yielding Dividend Stocks with Strongest Expected Earnings Growth Apr 20 2012 
10 High-Yield Growth Stocks with Gaining Earnings Momentum Mar 21 2012 

More From Other Websites
Banco Macro S.A. -- Moody's changes the outlook to positive from stable on Argentina's financial... Mar 07 2017
Banco Macro S.A. -- Moody's Latin America changes the outlook to positive from stable on multiple... Mar 07 2017
Banco Macro SA :BMA-US: Earnings Analysis: 2016 By the Numbers : February 21, 2017 Feb 21 2017
Banco Macro SA :BMA-US: Earnings Analysis: Q4, 2016 By the Numbers : February 17, 2017 Feb 17 2017
Banco Macro posts 4Q profit Feb 16 2017
Banco Macro posts 4Q profit Feb 16 2017
Banco Macro Announces Results for the Fourth Quarter of 2016 Feb 15 2017
Should Value Investors Consider Banco Macro (BMA) Stock? Feb 02 2017
Spinnaker Capital LTD Sells Banco Macro SA, Grupo Financiero Galicia SA Jan 26 2017
ETFs with exposure to Banco Macro SA : January 4, 2017 Jan 04 2017
ETFs with exposure to Banco Macro SA : December 22, 2016 Dec 22 2016
Banco Macro S.A. announces Notes offering under medium-term note Program Dec 16 2016
ETFs with exposure to Banco Macro SA : December 9, 2016 Dec 09 2016
Here is What Hedge Funds Think About AmTrust Financial Services Inc (AFSI) Dec 08 2016
Transocean LTD (RIG) Hedge Funds Are Snapping Up Nov 29 2016
ETFs with exposure to Banco Macro SA : November 14, 2016 Nov 14 2016
Banco Macro SA :BMA-US: Earnings Analysis: Q3, 2016 By the Numbers : November 11, 2016 Nov 11 2016
Banco Macro Announces Results for the Third Quarter of 2016 Nov 09 2016
Banco Macro announces Results for the Third Quarter of 2016 (solo en Inglés) Nov 09 2016
Banco Macro announces Results for the Third Quarter of 2016 Nov 09 2016

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)