Macro Bank (NYSE:BMA) Shares Down 11.2% – Time to Sell?

Posted by George Bondi on Oct 26th, 2026

Macro Bank Inc. (NYSE:BMA – Get Free Report) traded down 11.2% on Monday. The company traded as low as $58.01 and last traded at $58.6420. 79,487 shares traded hands during mid-day trading, a decline of 74% from the average daily volume of 306,930 shares. The stock had previously closed at $66.04.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Weiss Ratings cut Macro Bank from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, September 29th. UBS Group decreased their price target on Macro Bank from $130.00 to $90.00 and set a “buy” rating on the stock in a research note on Tuesday, October 13th. Wall Street Zen cut Macro Bank from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 5th. Finally, Itau BBA Securities downgraded Macro Bank from an “outperform” rating to a “market perform” rating in a research report on Thursday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $101.25.

Check Out Our Latest Research Report on BMA

Macro Bank Stock Performance

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 company has a market cap of $3.86 billion, a P/E ratio of 13.23, a P/E/G ratio of 0.30 and a beta of 1.37. The business has a fifty day moving average of $71.95 and a 200 day moving average of $80.67.

Macro Bank (NYSE:BMA – Get Free Report) last announced its quarterly earnings results on Thursday, August 20th. The bank reported $2.29 EPS for the quarter, topping analysts’ consensus estimates of $1.86 by $0.43. The company had revenue of $1 billion during the quarter, compared to analyst estimates of $946.46 million. Macro Bank had a return on equity of 8.65% and a net margin of 5.95%. On average, equities analysts predict that Macro Bank Inc. will post 8.35 EPS for the current year.

Institutional Investors Weigh In On Macro Bank

Several institutional investors and hedge funds have recently modified their holdings of BMA. Robeco Institutional Asset Management B.V. lifted its holdings in Macro Bank by 53.3% in the third quarter. Robeco Institutional Asset Management B.V. now owns 273,122 shares of the bank’s stock worth $18,280,000 after buying an additional 95,014 shares during the period. Farther Finance Advisors LLC boosted its position in Macro Bank by 93.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 634 shares of the bank’s stock valued at $42,000 after acquiring an additional 306 shares in the last quarter. ABS Direct Equity Fund LLC purchased a new position in shares of Macro Bank during the 2nd quarter worth approximately $2,268,000. Engineers Gate Manager LP purchased a new position in shares of Macro Bank during the 2nd quarter worth approximately $1,418,000. Finally, NewEdge Advisors LLC purchased a new position in shares of Macro Bank during the 2nd quarter worth approximately $310,000.

About Macro Bank

(Get Free Report)

Banco Macro SA is an Argentine financial institution headquartered in Buenos Aires and listed on the New York Stock Exchange under the symbol BMA. The bank provides banking and financial services to individuals, small and medium-sized businesses, corporate customers and public-sector entities throughout Argentina.

Its offerings include deposit accounts, personal and commercial loans, credit and debit cards, insurance, investment and cash-management products, foreign-exchange services and electronic banking.

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