Banco MacroMEX:BMAN 50 Dividend Payout Ratio is 0.32 as of Mar. 2026, which is 146% above its 10-year median of 0.13. GuruFocus rates MEX:BMAN with a GF Score™ of 50/100 and a GF Value™ of MXN471.07. The stock has 4 warning signs investors should review. Among 1,168 Banks companies, Banco Macro ranks worse than 53.94% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Banco Macro's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.32.
The historical rank and industry rank for Banco Macro's Dividend Payout Ratio or its related term are showing as below:
During the past 13 years, the highest Dividend Payout Ratio of Banco Macro was 0.26. The lowest was 0.01. And the median was 0.13.
MEX:BMAN's Dividend Payout Ratio is not ranked *
in the Banks industry.
Industry Median: 0.32 * Ranked among companies with meaningful Dividend Payout Ratio only.
During the past 12 months, Banco Macro's average Dividends Per Share Growth Rate was 8.40% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 140.50% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Banco Macro was 140.50% per year. The lowest was 5.60% per year. And the median was 65.05% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Banco Macro (MEX:BMAN) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Banco Macro Dividend Payout Ratio Related Terms
Banco Macro Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Banco Macro's Dividend Payout Ratio 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.
MEX:BMAN vs PNC, USB: Dividend Payout Ratio Comparison
For the Banks - Regional subindustry, Banco Macro's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Banco Macro's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Banco Macro's Dividend Payout Ratio falls into.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
Banco Macro's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (MEX:BMAN) has a Dividend Payout Ratio of 0.32 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Banco Macro and its competitors. This is 146% above median its historical median of 0.13. Over the past decade, Banco Macro's Dividend Payout Ratio has ranged from 0.01 to 0.26. According to the industry distribution chart, Banco Macro ranks #630 out of 1168 companies in the Banks industry, placing it in the top 53.9%.
Is Banco Macro's Dividend Payout Ratio too high?
Banco Macro's current Dividend Payout Ratio of 0.32 is 146% above median its 10-year median of 0.13. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.26. The Banks industry median Dividend Payout Ratio is 0.32. Banco Macro's value of 0.32 is 0% at this industry median. Based on the distribution chart, Banco Macro ranks #630 out of 1168 companies in the Banks industry, which is below the industry midpoint. Overall, Banco Macro has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Banco Macro's Dividend Payout Ratio compare to PNC and USB?
According to the Banks industry distribution chart, Banco Macro ranks #630 out of 1168 companies for Dividend Payout Ratio. This places Banco Macro in the lower half of its industry. The industry median Dividend Payout Ratio is 0.32. Banco Macro's value of 0.32 is 0% at this benchmark. Historically, Banco Macro's own Dividend Payout Ratio has ranged from 0.01 to 0.26 over the past decade. While the company's 10-year median is 0.13 vs. the industry median of 0.32, Banco Macro has consistently been at the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Banks company?
The median Dividend Payout Ratio among Banks companies is 0.32, based on 1,168 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Banco Macro's current Dividend Payout Ratio of 0.32 is 0% at the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Banco Macro and its competitors. For the Banks industry, the median Dividend Payout Ratio is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banco Macro's current Dividend Payout Ratio is 0.32, which is 146% above median its own 10-year median of 0.13. 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?
Banco Macro (MEX:BMAN) has a current Dividend Payout Ratio of 0.32. The stock's GF Value™ is MXN471.07, compared to a current price of MXN1,332.00 — trading 182.8% above its estimated fair value. The current Dividend Payout Ratio is 0.32, which is 146% above median its 10-year median of 0.13 and 0% at the Banks industry median of 0.32. Banco Macro's overall GF Score™ is 50/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Banco Macro (MEX:BMAN), the current Dividend Payout Ratio is 0.32 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 (MEX:BMAN) Overvalued in 2026?
Based on GuruFocus' analysis, Banco Macro stock appears to be overvalued.
The current stock price of MXN1,332.00 is trading 182.8% above its estimated GF Value™ of MXN471.07.
Key valuation signals for MEX:BMAN:
Dividend Payout Ratio: 0.32 (146% above median its 10-year median of 0.13)
GF Value™: MXN471.07 vs. price of MXN1,332.00 (182.8% above fair value)
Industry Position: 0% at the Banks median (#630 of 1168)
No single metric tells the full story. See the MEX:BMAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
50GF Score
Get the complete analysis for MEX:BMAN
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:BMAN has been successfully added to your 
