Headquartered in Avenida Eduardo Madero 1182, Buenos Aires Fiscal year ends December NYSE: BMA macro.com.ar
Banco Macro S.A. (NYSE: BMA) is one of Argentina's largest private-sector banks, operating across 23 of the country's 24 provinces through 402 branches. The bank provides a full range of retail and commercial banking services to approximately 6.36 million retail customers and over 228,780 corporate customers. Its business encompasses lending (personal loans, mortgages, credit cards, overdrafts, and commercial financing), deposit-taking (including peso and US dollar accounts), fee-based services (credit/debit cards, mutual funds, securities), and government securities investment. Banco Macro reports under IFRS with IAS 29 hyperinflationary accounting adjustments. The bank maintains a strong capital position with a 28% Capital Adequacy Ratio and significant excess capital, and holds substantial liquid assets relative to its deposit base. The bank is currently executing a restructuring program focused on branch closures and headcount reductions to improve operational efficiency. Updated
Between this year’s return of meme stocks and the recent surge in initial public offerings (IPOs), investors can often overlook how important a role fundamental analysis can play. Instead, many are favoring…
Banco Macro S.A. (NYSE: BMA) is one of Argentina's largest private-sector banks, operating across 23 of the country's 24 provinces through 402 branches. The bank provides a full range of retail and commercial banking services to approximately 6.36 million retail customers and over 228,780 corporate customers.
The Wall Street consensus 12-month price target for BMA is $112.19. BMA price prediction →
