Macro Bank (NYSE:BMA) Trading Up 4.5% – Still a Buy?

Posted by Brenda Bartman on Sep 2nd, 2026

Macro Bank Inc. (NYSE:BMA – Get Free Report)’s share price traded up 4.5% during trading on Monday . The stock traded as high as $79.56 and last traded at $79.48. Approximately 94,644 shares were traded during mid-day trading, a decline of 70% from the average session volume of 310,445 shares. The stock had previously closed at $76.05.

Analyst Upgrades and Downgrades

A number of brokerages have commented on BMA. Zacks Research upgraded Macro Bank from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 2nd. HSBC upgraded Macro Bank from a “hold” rating to a “buy” rating and set a $85.00 price objective on the stock in a research report on Tuesday, May 5th. JPMorgan Chase & Co. upped their target price on Macro Bank from $120.00 to $132.00 and gave the company an “overweight” rating in a research note on Thursday, June 25th. Weiss Ratings raised Macro Bank from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, June 16th. Finally, Wall Street Zen upgraded shares of Macro Bank from a “buy” rating to a “strong-buy” rating in a research note on Sunday, July 12th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $111.25.

Read Our Latest Analysis on Macro Bank

Macro Bank Stock Down 0.5%

The company has a quick ratio of 1.08, a current ratio of 1.10 and a debt-to-equity ratio of 0.26. The business has a 50-day simple moving average of $86.68 and a two-hundred day simple moving average of $82.31. The stock has a market capitalization of $5.00 billion, a P/E ratio of 17.14, a PEG ratio of 0.35 and a beta of 1.38.

Macro Bank (NYSE:BMA – Get Free Report) last issued its quarterly earnings data on Thursday, August 20th. The bank reported $2.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.86 by $0.43. Macro Bank had a return on equity of 8.65% and a net margin of 5.95%.The company had revenue of $1 billion during the quarter, compared to analysts’ expectations of $946.46 million. Equities research analysts forecast that Macro Bank Inc. will post 8.35 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Macro Bank

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Militia Capital Management LLC bought a new stake in Macro Bank during the first quarter worth about $2,932,000. Amundi increased its holdings in shares of Macro Bank by 107.0% during the first quarter. Amundi now owns 20,161 shares of the bank’s stock worth $1,560,000 after buying an additional 10,421 shares in the last quarter. Absolute Gestao de Investimentos Ltda. bought a new position in shares of Macro Bank in the first quarter valued at approximately $7,815,000. Cape Ann Asset Management Ltd raised its stake in shares of Macro Bank by 1.3% in the first quarter. Cape Ann Asset Management Ltd now owns 470,908 shares of the bank’s stock valued at $36,434,000 after acquiring an additional 5,892 shares during the last quarter. Finally, Titan Global Capital Management USA LLC raised its stake in shares of Macro Bank by 5.5% in the first quarter. Titan Global Capital Management USA LLC now owns 13,276 shares of the bank’s stock valued at $1,027,000 after acquiring an additional 690 shares during the last quarter.

About Macro Bank

(Get Free Report)

Macro Bank (NYSE: BMA) is the American depositary receipt program of Banco Macro SA, one of the largest privately owned banks in Argentina. Headquartered in Buenos Aires, the institution delivers a comprehensive suite of banking solutions to retail, corporate and agricultural customers across the country. Through its extensive branch network and digital platforms, Macro Bank aims to serve diverse client segments with tailored financial products and services.

The bank’s offerings span traditional deposit accounts—including checking, savings and term deposits—alongside payment and transaction services.