Banco Macro (Banco Macro) Net Margin %

: 2.13% (As of Sep. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Banco Macro's Net Income for the three months ended in Sep. 2023 was $21 Mil. Banco Macro's Revenue for the three months ended in Sep. 2023 was $1,003 Mil. Therefore, Banco Macro's net margin for the quarter that ended in Sep. 2023 was 2.13%.

The historical rank and industry rank for Banco Macro's Net Margin % or its related term are showing as below:

BMA' s Net Margin % Range Over the Past 10 Years
Min: -1.16 Med: 17.73 Max: 31.3
Current: 9.03

BMA's Net Margin % is ranked worse than
86.59% of 1462 companies
in the Banks industry
Industry Median: 25.535 vs BMA: 9.03

Banco Macro Net Margin % Historical Data

The historical data trend for Banco Macro's Net Margin % 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

Net Margin %

-1.16

16.66

18.80

12.29

8.42

Banco Macro Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Net Margin %																7.43	5.32	5.88	16.81	2.13

Competitive Comparison

For the Banks - Regional subindustry, Banco Macro's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution

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

* The bar in red indicates where Banco Macro's Net Margin % falls into.

Banco Macro Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin	=	Net Income (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	243.165	/	2889.125
	=	8.42 %

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

Net Margin	=	Net Income (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	21.388	/	1003.119
	=	2.13 %

Banco Macro (NYSE:BMA) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Banco Macro Net Margin % 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 » Net Margin %

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.