Banco Macro stock gained 6.55 percent on October 5

Published on 10/06/2026 at 15:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Banco Macro stock traded at USD 68.78 on October 5 after a sharp session. Q2 2026 net income was ARS 206,192.951 million, while eight analysts kept a Buy consensus.

Banco Macro, US0595301062, Illustration mit AI erstellt.

Banco Macro stock (ISIN US0595301062) was last at USD 68.78 on the NYSE on October 5, 2026, after gaining 6.55 percent during the session. The move came as investors weighed the bank's recent second-quarter earnings against a wide analyst valuation range.

October 5 move resets the chart

The USD 68.78 price was inside the session range of USD 67.12 to USD 69.50, with 462,720 shares traded. Banco Macro's market capitalization stood at USD 4.4 billion on October 5, while the 52-week range extended from USD 42.06 to USD 106.15.

The share price remained 35.2 percent below its 52-week high, a gap that keeps the stock's recent rebound in perspective. The October 5 gain therefore improved the short-term tape without removing the broader valuation volatility visible in the annual range.

Q2 profit reached ARS 206,192.951 million

Banco Macro's latest reported quarter ended June 30, 2026. Simply Wall St reported Q2 revenue of ARS 1,291,525.741 million, net income of ARS 206,192.951 million and a net margin of 16.0 percent.

The margin comparison is the key operating signal: Q2 2026 net margin rose from 15.6 percent in Q2 2025 to 16.0 percent, while both revenue and net income increased year over year, according to Simply Wall St. That combination gives the earnings story measurable support, although the margin remains below the 19 percent level used in some valuation scenarios.

Analysts keep a wide valuation spread

TradingView reports a Buy consensus from 8 analysts, with 7 Buys, 1 Hold and 0 Sells. The average price target is USD 114.95, with estimates ranging from USD 85 to USD 150; against the USD 68.78 price, the average target lies 67.1 percent above the price.

The counter-factor is operating risk. Simply Wall St highlighted funding costs and rising non-performing loans toward 3 percent as risks to the margin assumptions behind more optimistic valuation cases. For investors, the central test is whether loan growth can expand earnings without weakening credit quality.