Banco Macro S.A.(BMA)
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Banco Macro (BMA) is a Great Momentum Stock: Should You Buy?
Zacks Investment Research· 2024-03-01 18:01
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...
New Strong Buy Stocks for March 1st
Zacks Investment Research· 2024-03-01 12:31
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:Banco Macro S.A. (BMA) : This company which provides various banking products and services has seen the Zacks Consensus Estimate for its current year earnings increasing 37.3% over the last 60 days.Cardinal Health, Inc. (CAH) : This healthcare services and products company has seen the Zacks Consensus Estimate for its current year earnings increasing 5.7% over the last 60 days.Royal Caribbean Cruises Ltd. (RCL) : This cruise company has ...
Best Income Stocks to Buy for March 1st
Zacks Investment Research· 2024-03-01 12:06
Here are three stocks with buy rank and strong income characteristics for investors to consider today, March 1:Banco Macro S.A. (BMA) : This company which provides various banking products and services has witnessed the Zacks Consensus Estimate for its current year earnings increasing 37.3% the last 60 days.This Zacks Rank #1 company has a dividend yield of 7.6%, compared with the industry average of 4%.Cardinal Health, Inc. (CAH) : This healthcare services and products company has witnessed the Zacks Conse ...
Banco Macro S.A.(BMA) - 2023 Q4 - Earnings Call Transcript
2024-02-29 19:14
Company Participants Ernesto Gabilondo - Bank of America Merrill Lynch It is now my pleasure to introduce our speakers. Joining us from Argentina are Mr. Gustavo Manriquez, Chief Executive Officer; Mr. Jorge Scarinci, Chief Financial Officer; and Mr. Nicolas Torres, Investor Relations. Good morning, and welcome to Banco Macro's fourth quarter 2023 Conference Call. Any comments we may make today may include forward-looking statements, which are subject to various conditions, and these are outlined in our 20- ...
Banco Macro Announces Results for the Fourth Quarter of 2023
Prnewswire· 2024-02-28 22:17
BUENOS AIRES, Argentina, Feb. 28, 2024 /PRNewswire/ -- Banco Macro S.A. (NYSE: BMA; BYMA: BMA) ("Banco Macro" or "BMA" or the "Bank") announced today its results for the fourth quarter ended December 31, 2023 ("4Q23"). All figures are in Argentine pesos (Ps.) and have been restated in terms of the measuring unit current at the end of the reporting period. For ease of comparison, figures of previous quarters of 2022 and 2023 have been restated applying IAS 29 to reflect the accumulated effect of the inflati ...
Banco Macro S.A.(BMA) - 2023 Q4 - Annual Report
2024-02-13 16:00
SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 February 7, 2024 Commission File Number: 001-32827 MACRO BANK INC. (Translation of registrant's name into English) Avenida Eduardo Madero 1182 Ciudad Autónoma de Buenos Aires C1106 ACY Tel: 54 11 5222 6500 (Address of registrant's principal executive of ices) Indicate by check mark whether the registrant files or will file annual repo ...
Banco Macro S.A.(BMA) - 2023 Q3 - Quarterly Report
2023-11-28 16:00
BANCO MACRO SA CONDENSED INTERIM FINANCIAL STATEMENTS AS OF JUNE 30, 2023 CONTENT (contd.) Notes to the condensed consolidated interim Financial Statements (contd.) Note 32: Deposit guarantee insurance Note 33: Restricted assets Note 34: Trust activities Note 35: Compliance with CNV regulations Note 36: Accounting items that identify the compliance with minimum cash requirements Note 37: Penalties applied to the Bank and summary proceedings initiated by the BCRA Note 38: Corporate bonds issuance Note 39: Of ...
Banco Macro S.A.(BMA) - 2023 Q3 - Earnings Call Transcript
2023-11-27 19:33
Yes, that is correct. Again, very preliminary estimates because, of course, next year is going to be important year in sense of we are going to have new President, new economic cabinet, new measures. So as of today, we are working with that scenario. That could change at the beginning of 2024 depending on the measures and, of course the outcome that economists might be looking for in terms of inflation, GDP, et cetera. Thanks very much, Nicolas and Jorge, for the chance to ask questions. So Jorge, I want to ...
Banco Macro S.A.(BMA) - 2023 Q2 - Earnings Call Transcript
2023-08-25 17:00
In the quarter, net interest income totaled ARS107.9 billion, 11% or ARS12.9 billion lower than the result posted in the first quarter of 2023 and 7% or ARS7.9 million lower than the result posted a year ago. In the second quarter of 2023, interest income totaled ARS307.1 billion, 9% or ARS24.1 billion higher than the first quarter of 2023, and 48% or ARS100 billion higher than the previous year. In the second quarter of 2023, interest from loans represented 34% of total interest income. Net income from gov ...
Banco Macro S.A.(BMA) - 2023 Q2 - Quarterly Report
2023-08-09 16:00
23. COMMISSIONS INCOME 25. OTHER OPERATING INCOME 26. EMPLOYEE BENEFITS | --- | --- | --- | |-----------------------------------------------------------------------------------------------------------------|------------|------------| | Composition | 03/31/2023 | 03/31/2022 | | Turnover tax | 13,993,971 | 11,339,648 | | From credit cards | 5,149,418 | 4,886,225 | | Charges for other provisions | 661,986 | 874,105 | | Deposit guarantee fund contributions | 606,291 | 561,131 | | Other adjustments and interests ...