Banco Macro S.A. BMA | NYSE


Next Earnings: Nov 25, 2026
Dividends

Company Overview:

Market Cap: $3.66B
Trailing PE: 12.1x
FWD PE *: 5.9x
Payout Ratio (TTM): 54.5%
52-Week Range: $54.81 - $106.15

* Forward PE is based on street estimates.

10 Year BMA Performance Metrics:

Total Return (with DRIP): 24.3% (2.20% CAGR)
Total Return (no DRIP): 8.2% (0.79% CAGR)
Share Price: -18.1% (-1.97% CAGR)
Yield on Cost (with DRIP): 14.13%
Total Invested: $10,000
Total Value (with DRIP): $12,428
Total Return $ (with DRIP): $2,428
Dividend Increase: 768% (26.89% CAGR)
Dividend Yield (FWD): 11.37% ($6.36)
BMA 10-yr Total Return ($10K invested)
1M 3M 6M YTD 1Y 3Y 5Y 10Y
BMA Share Price
1M 3M 6M YTD 1Y 3Y 5Y 10Y All
BMA Price CAGR:1Y: -35.15%2Y: -16.26%5Y: 26.66%10Y: -1.97%
BMA Dividend Charts
BMA - Dividends
BMA Dividend CAGR:1Y: 17.98%2Y: -43.57%5Y: 24.61%10Y: 24.61%
BMA - Dividend Payout Ratio
BMA Dividend Payout Ratio CAGR:1Y: 32.88%2Y: 0.00%5Y: 0.00%10Y: 19.52%
BMA - Dividend to Free Cash Flow Ratio
BMA Dividend to FCF Ratio CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%
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BMA - Chart 1
BMA - Chart 2
BMA - Chart 3

BMA Financials: Earnings, Revenue, Cash Flow, Ebitda, Cash/Debt, Shares Float, etc:

BMA reports in ARS. These charts show U.S. dollars, converted from ARS at each quarter’s closing rate (quarters that are still estimates use the latest rate). Click “Show ARS” to see the numbers as filed.

RevenueShow ARS
BMA Revenue CAGR:1Y: -40.22%2Y: 45.07%5Y: -5.82%10Y: 7.35%
Earnings Per Share (EPS)Show ARS
BMA EPS CAGR:1Y: 12.11%2Y: 0.00%5Y: 68.67%10Y: 26.59%
Net IncomeShow ARS
BMA Net Income CAGR:1Y: 12.42%2Y: 0.00%5Y: 6.49%10Y: 1.49%
EBITDAShow ARS
BMA EBITDA CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%
Free Cash FlowShow ARS
BMA Free Cash Flow CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%
Free Cash Flow / ShareShow ARS
BMA Free Cash Flow / Share CAGR:1Y: 0.00%2Y: 0.00%5Y: -3.77%10Y: 0.00%
Operating IncomeShow ARS
BMA Operating Income CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%
Gross ProfitShow ARS
BMA Gross Profit CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%
Shares Outstanding
BMA Shares Outstanding CAGR:1Y: 0.00%2Y: 0.00%5Y: -36.90%10Y: -19.85%
Share BuybacksShow ARS
BMA Share Buybacks CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%
Stock-Based CompShow ARS
BMA Stock-Based Comp CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%
ExpensesShow ARS
BMA Expenses CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%
Revenue vs Net IncomeShow ARS
EPS vs FCF / ShareShow ARS
EPS vs PE RatioShow ARS
FCF vs FCF / ShareShow ARS
FCF vs Stock Based CompShow ARS
Cash & DebtShow ARS

Revenue, EPS, Net Income & Ebitda - Estimates VS Actual:

REVENUE: Actual + EstimatesShow ARS
BMA Actual Revenue CAGR:1Y: -40.22%2Y: 45.07%5Y: -5.82%10Y: 7.35%
EPS: Actual + EstimatesShow ARS
BMA Actual EPS CAGR:1Y: 12.11%2Y: 0.00%5Y: 68.67%10Y: 26.59%
NET INCOME: Actual + EstimatesShow ARS
BMA Actual Net Income CAGR:1Y: 12.42%2Y: 0.00%5Y: 6.49%10Y: 1.49%
EBITDA: Actual + EstimatesShow ARS
BMA Actual EBITDA CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%

Ratios, Profit Margins & Return on Capital:

Net Profit Margin
BMA Net Profit Margin CAGR:1Y: 18.43%2Y: 0.00%5Y: 3.09%10Y: -9.72%
Gross Profit Margin
BMA Gross Profit Margin CAGR:1Y: -2.79%2Y: -24.44%5Y: -8.80%10Y: -4.51%
Price to Earnings
BMA Price to Earnings CAGR:1Y: 23.76%2Y: 0.00%5Y: -13.27%10Y: -18.82%
Price To Sales Ratio
BMA Price To Sales Ratio CAGR:1Y: 46.63%2Y: -27.86%5Y: -10.58%10Y: -26.71%
Return on Capital Employed
BMA Return on Capital Employed CAGR:1Y: -58.26%2Y: 0.00%5Y: -5.09%10Y: -5.14%
Return on Invested Capital
BMA Return on Invested Capital CAGR:1Y: -56.45%2Y: 0.00%5Y: -26.34%10Y: -20.36%

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BMA Dividends Info:

Annual Dividend: $6.36
Forward Yield: 11.37%
Ex-Dividend Date: 2026-07-06
Lifetime Dividends / Share: $26.46

Projected Future Returns & Dividends for BMA

Based on past 10-year performance, here are BMA growth metrics:

Share price CAGR of -1.97%
Dividend CAGR of +24.61%

Using BMA CAGR metrics, we can estimate that your initial $10000 investment, over the next 10 years, should grow as follows:

BMA (DRIP)BMA - No DRIP
Current Price$55.95$55.95
Start Shares178.73178.73
Start Value$10,000$10,000
  
After 10 years:
Final Share Count10,765.17178.73
Dividends Payment$4.78$4.78
Annual Dividends$618,085$10,262
Yield on cost6,180.85%102.62%
Share Price$45.84$45.84
Total Dividends$502,581$37,077
Final Value$493,474$45,270

Estimated Future Value + Dividends - BMA

NOTE: Above numbers are our estimate based on BMA's Dividend and Price CAGR over past 10 years. These numbers should only be considered as "potential future returns"! DRIP assumes reinvesting dividends; No-DRIP assumes collecting dividends as cash.

We cannot guarantee that your actual returns will meet these estimates.

Is BMA's dividend safe, and what is BMA worth?

Pro adds BMA's Dividend Safety Rating, its DCF fair value and the Trend Signal to this page and opens the 26 blurred charts above.

Show BMA's rating and fair value

Company Info

Banco Macro S.A. (BMA) had its IPO on 2006-03-27, and is traded on NYSE stock exchange.

Banco Macro S.A. operates as a leading financial services institution in Argentina, providing a broad spectrum of banking products and solutions to both individual consumers and corporate entities nationwide. For its retail customers, the bank offers essential services such as current and savings accounts, along with term deposit options. It also supplies a range of credit and debit cards, various loan products including personal, consumer finance, mortgage, and auto loans, as well as overdraft facilities. Additional services encompass credit-related support, home and vehicle insurance policies, convenient tax and utility bill payment methods, and money transfer capabilities, all accessible through its extensive network of ATMs. Retail offerings further extend to document discounting and pledged loan options. Corporate clients benefit from a specialized suite of services, including diverse deposit accounts, lending facilities such as working capital and investment project financing, guaranteed loans, and credit lines for international trade. The company also provides check cashing advances, factoring, leasing solutions, and comprehensive cash management services. Other offerings include trust administration, payroll services, financial agency support, corporate credit cards, and other tailored products. Furthermore, the bank facilitates transactional needs through cash management, collection services, supplier payment processing, foreign exchange transactions, and foreign trade support, augmented by information services like Datanet and Interpymes. Short-term and medium-to-long-term corporate financing are also available. Both retail and corporate segments are supported by the bank's digital channels, offering internet and mobile banking services. As of December 31, 2021, Banco Macro maintained a significant physical presence throughout Argentina, operating 466 branches, 1,779 automated teller machines, and 955 self-service terminals, alongside various other customer touchpoints. The institution was founded in 1966 and is headquartered in Buenos Aires, Argentina.

BMA website: https://www.macro.com.ar


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DCF Model — BMA

Value from:
Pay up to today
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vs current price $55.95
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Cash flow & implied price by year

FCF is negative or missing for this company (common for banks) — the model discounts EPS instead.

EPS is negative or missing for this company — Simple mode uses free cash flow per share instead.

Free cash flow today
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grows for the next years
Then mature
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every future dollar counted back to today
Pile of today-dollars
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÷ shares
Implied price path
YearFCFImplied price
Sensitivity — fair value: growth ↓ × target return →