Banco Macro (BUE:BMA) Total Noninterest Expense: ARS2,374,398 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BUE:BMA Banco Macro SA BUE:BMA
44 GF Score
Price ARS12,740.00
GF Value ARS4,991.81
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Banco Macro Total Noninterest Expense?

Banco Macro BUE:BMA -4.85% 44 Total Noninterest Expense is ARS2,374,398 Mil as of Mar. 2026. GuruFocus rates BUE:BMA with a GF Score™ of 44/100 and a GF Value™ of ARS4,991.81 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Banco Macro's Total Noninterest Expense for the three months ended in Mar. 2026 was ARS596,224 Mil. Banco Macro's Total Noninterest Expense for the trailing twelve months (TTM) ended in Mar. 2026 was ARS2,374,398 Mil.


Banco Macro Total Noninterest Expense Related Terms


Banco Macro Total Noninterest Expense Historical Data

* Premium members only.

The historical data trend for Banco Macro's Total Noninterest Expense 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.

Banco Macro Total Noninterest Expense Chart

Banco Macro Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Noninterest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 563,671.35 1,276,002.46 2,148,080.25 2,215,890.26 2,273,754.63

Banco Macro Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Noninterest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 552,182.64 465,645.61 546,942.48 765,586.07 596,224.07
BUE:BMA
44GF Score
Banco Macro SA BUE:BMA
Total Noninterest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Banco Macro Total Noninterest Expense Calculation

Total Noninterest Expense is any expenses incurred that not related to interest. It includes:
Selling, General, & Admin. Expense
Occupancy
Equipment
Professional fees
Amortization of intangibles
Any other special income/charges (too numerous to list)
Some banks can do choose to report each of these items separately. Yet, there are a variety of noninterest expense which are simply too numerous to list.

Total Noninterest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ARS2,374,398 Mil.

* 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.

What does a Total Noninterest Expense of ARS2,374,398 Mil mean?
Banco Macro (BUE:BMA) has a Total Noninterest Expense of ARS2,374,398 Mil as of Mar. 2026. Total noninterest expense is any expenses incurred that not related to interest. View historical data on Banco Macro and its competitors.
Is Banco Macro's Total Noninterest Expense too high?
Banco Macro's current Total Noninterest Expense is ARS2,374,398 Mil. Overall, Banco Macro has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Banco Macro's Total Noninterest Expense compare to PNC and USB?
Banco Macro's Total Noninterest Expense of ARS2,374,398 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Noninterest Expense for a Banks company?
A good Total Noninterest Expense depends on the Banks industry context. However, Total Noninterest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Noninterest Expense mean?
A high Total Noninterest Expense can signal that a stock is expensive relative to its fundamentals. Total noninterest expense is any expenses incurred that not related to interest. View historical data on Banco Macro and its competitors. Banco Macro's current Total Noninterest Expense is ARS2,374,398 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Macro stock overvalued right now?
Based on GuruFocus' analysis, Banco Macro (BUE:BMA) is currently considered Significantly Overvalued. The stock's GF Value™ is ARS4,991.81, compared to a current price of ARS12,740.00 — trading 155.2% above its estimated fair value. The current Total Noninterest Expense is ARS2,374,398 Mil. Banco Macro's overall GF Score™ is 44/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Noninterest Expense calculated?
Total Noninterest Expense is calculated from a company's financial statements. For Banco Macro (BUE:BMA), the current Total Noninterest Expense is ARS2,374,398 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Banco Macro (BUE:BMA) Overvalued in 2026?

Based on GuruFocus' analysis, Banco Macro stock appears to be overvalued. The current stock price of ARS12,740.00 is trading 155.2% above its estimated GF Value™ of ARS4,991.81. GuruFocus considers Banco Macro to be Significantly Overvalued.

Key valuation signals for BUE:BMA:

  • Total Noninterest Expense: ARS2,374,398 Mil
  • GF Value™: ARS4,991.81 vs. price of ARS12,740.00 (155.2% above fair value)
  • GF Score™: 44/100 with 3 warning signs

No single metric tells the full story. See the BUE:BMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Banco Macro Business Description

Other Exchanges BMA:USAB4W:Germany
Address Avenida Eduardo Madero 1172, City of Buenos Aires, ARG, C1106ACY
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. The company generates the majority of its revenue from Argentina.
44GF Score

Get the complete analysis for BUE:BMA

Total Noninterest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ARS12,740.00
Price
ARS4,991.81
GF Value