Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
How It Works 
News - Chart
- Upturn Summary
- Highlights
- Valuation
Upturn AI Summary - About
Banco Macro SA B ADR(BMA)
Top performer 
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for BMA
11/06/2026: BMA (4-star) is currently NOT-A-BUY. Pass it for now.
Banco Macro SA is a major private-sector bank in Argentina, known for its extensive interior branch network and solid capital foundation. The bank is well-positioned to benefit from any potential long-term macroeconomic stabilization in Argentina, as it provides fundamental financial services to a broad base of individual and corporate clients. However, the stock carries significant risks associated with the country's economic volatility, currency devaluation, and restrictive regulatory environment. It may best suit value-oriented investors who are comfortable with high-risk, emerging-market exposure. Key developments to monitor include changes in Argentine fiscal policy, central bank dividend regulations, and the bank’s progress in digital platform adoption.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | Growth is highly dependent on unpredictable Argentine macroeconomic recovery. |
| Momentum investor | Mixed fit | Momentum is conditional on positive market sentiment regarding the Argentine economy. |
| Value investor | Strong fit | Often trades at low valuation multiples, reflecting country-specific risk premiums. |
| Dividend investor | Mixed fit | Dividends are subject to regulatory restrictions, impacting income reliability. |
| Low-risk investor | Weak fit | High exposure to sovereign and currency volatility makes this unsuitable for low-risk portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock is subject to significant swings linked to Argentina's country risk. |
| Valuation risk | Medium | While multiples appear low, they incorporate a high discount for systemic risk. |
| Competition risk (Fintech) | Medium / high | Newer digital-native competitors are challenging traditional banking fee structures. |
| Business quality | Medium | The bank maintains strong operational standards despite a difficult external environment. |
| Dividend income | Medium | Regulatory caps on dividends limit predictable income for shareholders. |
| Execution risk | Medium | Success depends on managing operations in a highly inflationary environment. |
Analysis of Past Performance
Type Stock | Historic Profit 199.64% | Avg. Invested days 43 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  5.0 |
| Profits based on simulation | Last Close 11/06/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 3.71B USD | Price to earnings Ratio 11.86 | 1Y Target Price 104.25 |
Price to earnings Ratio 11.86 | 1Y Target Price 104.25 | ||
Volume (30-day avg) 356.8K shares | Beta 0.43 | 52 Weeks Range 56.10 - 103.00 | Updated Date 11/06/2026 |
52 Weeks Range 56.10 - 103.00 | Updated Date 11/06/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) 4.89 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Net Interest Income | Interest earned on loans and securities minus interest paid on deposits. | The spread between what the bank earns on lending and pays on deposits. |
| Fee Income | Service charges, credit card fees, and account maintenance. | Stable, non-interest revenue generated from banking services. |
| Geography: Argentina | All core operations located within the Argentine market. | Direct exposure to the performance and economic health of Argentina. |
Valuation
Trailing PE 11.86 | Forward PE 3.1 | Enterprise Value -1.65T | Price to Sales(TTM) - |
Enterprise Value -1.65T | Price to Sales(TTM) - | ||
Enterprise Value to Revenue 1.98 | Enterprise Value to EBITDA - | Shares Outstanding 62.82M | Shares Floating 21.12M |
Shares Outstanding 62.82M | Shares Floating 21.12M | ||
Percent Insiders 0.16 | Percent Institutions 11.91 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
All company names, trademarks, logos, and brands are the property of their respective owners and are used for identification and informational purposes only. Use of these names, trademarks, and logos does not imply endorsement by their respective owners.