Banco Macro (BMA)

• Market cap: $6.07B
• 1 day: 1.53%
• 5 days: 0.48%
• 1 month: 18.22%
• 3 months: 30.57%
• 6 months: 64.46%
• Year to date: 244.74%
• 1 year: 231.28%
• 5 years: 186.69%
• 10 years: 124.47%

About: 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. It generates the majority of its revenue from Argentina.

Employees: 7,756

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

130% more call options, than puts

Call options by funds: $24.5M | Put options by funds: $10.6M

29% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 24

28% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 18

15% more capital invested

Capital invested by funds: $317M [Q2] → $364M (+$46.7M) [Q3]

6% more funds holding

Funds holding: 81 [Q2] → 86 (+5) [Q3]

0.09% more ownership

Funds ownership: 0.88% [Q2] → 0.97% (+0.09%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $12.50 87% downside
• Avg. target: $12.50 87% downside
• High target: $12.50 87% downside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Morgan Stanley Jorge Kuri 83% 1-year accuracy 5 / 6 met price target

87% downside $12.50

Overweight Upgraded

16 Dec 2024