Banco Macro (Banco Macro) Market Cap

: $3,089 Mil (As of Today)

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Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Banco Macro's share price for the quarter that ended in Sep. 2023 was $19.73. Banco Macro's Shares Outstanding (EOP) for the quarter that ended in Sep. 2023 was 64 Mil. Therefore, Banco Macro's market cap for the quarter that ended in Sep. 2023 was $1,262 Mil.

Banco Macro's quarterly market cap increased from Mar. 2023 ($1,152 Mil) to Jun. 2023 ($1,708 Mil) but then declined from Jun. 2023 ($1,708 Mil) to Sep. 2023 ($1,262 Mil).

Banco Macro's annual market cap declined from Dec. 2020 ($1,007 Mil) to Dec. 2021 ($907 Mil) but then increased from Dec. 2021 ($907 Mil) to Dec. 2022 ($1,062 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Banco Macro's Enterprise Value for Today is $2,751 Mil.

Banco Macro Market Cap Historical Data

The historical data trend for Banco Macro's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Banco Macro Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Market Cap

2,867.02

2,345.57

1,007.46

907.17

1,062.46

Banco Macro Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Market Cap																923.34	1,062.46	1,152.40	1,707.57	1,261.56

Competitive Comparison

For the Banks - Regional subindustry, Banco Macro's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Banco Macro Market Cap Distribution

For the Banks industry and Financial Services sector, Banco Macro's Market Cap distribution charts can be found below:

* The bar in red indicates where Banco Macro's Market Cap falls into.

Banco Macro Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Banco Macro's Market Cap for the fiscal year that ended in Dec. 2022 is calculated as

Market Cap (A: Dec. 2022 )	=	Share Price (A: Dec. 2022 )	*	Shares Outstanding (EOP) (A: Dec. 2022 )
	=	$16.42	*	64.7053
	=	$1,062

Banco Macro's Market Cap for the quarter that ended in Sep. 2023 is calculated as

Market Cap (Q: Sep. 2023 )	=	Share Price (Q: Sep. 2023 )	*	Shares Outstanding (EOP) (Q: Sep. 2023 )
	=	$19.73	*	63.9413
	=	$1,262

Banco Macro (NYSE:BMA) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.

Banco Macro Market Cap Related Terms

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Banco Macro (Banco Macro) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Macro SA (NYSE:BMA) » Definitions » Market Cap

Comparable Companies

Traded in Other Exchanges

B4W:Germany B4W:Germany BMA:Argentina

Address

Avenida Eduardo Madero 1182, City of Buenos Aires, ARG, 1172

Website

https://www.macro.com.ar

Banco Macro SA is a financial institution and it provides standard banking products and services designed to suit individual needs. It has two categories of customers, retail customers, which include individuals and entrepreneurs, and corporate customers, which include small, medium, and large companies and corporations. In addition, it provides services to four provincial governments. It generates the majority of its revenue from Argentina.