Banco Macro stock
BMANYSEBanco Macro S.A., Financial ServicesISIN US05961W1053
56Score 56 out of 100, Neutral
Price and trend
36 / 100
Price history
−36% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 30% below it.
Since September 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Sharply down: the price has fallen very quickly lately (RSI 17).
The price is 47% below its 52-week high. Largest decline in 20 years: 93% (October 2017 to July 2022).
Chart figures for advanced users
- SMA 50$66.99
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$78.92
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)17
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDbelow the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$55.23
- The lowest closing price of the last twelve months.
- Resistance$104.70
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Banco Macro S.A. belongs to the Banks (Regional) industry (Argentina) and, with a market value of $3.53B, is number 196 of 422 companies in its industry on MEQIRI.
- This is an American depositary receipt (ADR), the reporting currency is ARS.
- In fiscal 2025 it earned ARS 337.27B (up 3.6% year on year).
Show more
- MEQIRI Score 56 out of 100 (Neutral): rank 784 of 976 in Financial Services, median 68.
- The P/E is 13.8 (Banks (Regional) median 12.2, own median of recent years 3.1).
- Our model puts fair value at $60.34, with the price 5% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Earnings per share growingUp 34.4% a year since 2020.Growth 100
- Analysts expect strong earnings growthUp 37.4% a year through 2028 (estimates from 3 analysts).Growth 100
- High dividend yieldDividend yield 6.71%, Banks (Regional) median 2.79%.
Weaknesses
- Share price fell sharplyDown 35% over the last 12 months.Momentum 16
- Volatile share priceVolatility 50% a year over the last 12 months.Stability 64
Its standout strength is growth, while technical analysis and momentum hold the score back.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
The fundamentals are in the middle range.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk high
How well MEQIRI warnsOne of the 30% with the highest crash risk among smaller stocks.
From 2016 to 2025, 36 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.
What drives the risk
- price far below its 52-week high
- high growth grade (crashed more often in the backtest)
- high price swings
What lowers it
- price not overheated over the past year
Valuation
Valuation signal
Fairly valuedClosing price of 11 Nov 2026, used by the daily score.
In our model the price counts as cheap below $43.10 and expensive above $100.56 (uncertainty high, based on the price swings of the past year).
The two parts of the fair value come to $71.87 (excess return model) and $48.81 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 15%. At 16% the fair value would be $57.38, at 14% it would be $63.88.
Valuation metrics
Half from the excess return model, half from earnings times the industry P/E (12.2).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the quarter to 30 Jun 2026, revenue rose 1% on the same quarter a year earlier. Revenue has grown strongly since 2006, at around 42% per year.
Margins
- Operating margin
- Net margin
In fiscal 2025: operating 17%, net 9%. Banks and insurers have no gross margin, and their net margin is not comparable with other industries. The score leaves both out.
Debt & balance sheet
latest quarterFor banks and insurers, deposits and liabilities are the business. Debt to equity and the current ratio say little here, and the score does not rate them.
Earnings
- Next earnings
- 25 Nov 2026in 13 days
- Last reported
- 19 Aug 2026above expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- 12,278.29−1.7%
- Revenue
- ARS 6.15T−0.7%
- Earnings per share
- 18,041.03−0.9%
- Revenue
- ARS 7.01T−1.5%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook mixed
Share price after the results: −3.2%2026 return on equity guidance raised to about 12% and net interest margin expected above 20%, but loan growth forecast cut to about 5% in real terms (before 15% to 20%).
“You know, I guess your former guidance of 15 to 20 on real growth may be a little bit challenging.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 20 Aug 2026 (fiscal Q2 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
No open-market purchases or sales in the last 6 months.
- Brito MarcosPurchase
19 Mar 2026, Board
- Shares
- 1,500
- Price
- $68.27
- Value
- $102,399
Shares and prices per ordinary share as filed with the SEC, not per depositary receipt.
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at Banco Macro
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
976 rated companies in Financial Services
- This company
- 56
- Sector median
- 68
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Banks (Regional)
The next larger and next smaller companies by market value
- Independent BankINDB $3.97B70
- CVB FinancialCVBF $3.95B61
- Sparebanken NorgeSBNOR.OL $3.77B74
- WesBancoWSBC $3.72B68
- Nicolet BanksharesNIC $3.64B69
- RenasantRNST $3.63B62
- Optima bankOPTIMA.AT $3.57B65
- First Interstate BancSystemFIBK $3.5B63
ETFs that hold Banco Macro
Held by 2 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| WisdomTree Emerging Markets SmallCap Dividend UCITS ETFWTED | 0.16% | 0.54% | €35.5M |
| UBS Core MSCI EM UCITS ETF USD disUIMI | 0.02% | 0.15% | €10.33B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 15 Oct 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.