Banco Macro stock holds value rating as investor models see upside
Published on 09/17/2026 at 15:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Banco Macro stock (ISIN US05961W1053) continues to attract value-focused investors, supported by a Strong Buy rating and a sizable gap between model fair value and the current share price as of September 17, 2026. As of September 16, 2026, the shares also carry top-tier value grades in an updated screening from a major US research firm.
Value case strengthened by rating and model valuation
According to Yahoo Finance on September 16, 2026, Banco Macro (ticker BMA) holds a Zacks Rank of 1, which corresponds to Strong Buy, reflecting recent positive revisions to earnings estimates for the bank.
The same article notes that BMA trades on a forward price-earnings ratio of 9.10 compared with 18.42 for National Australia Bank, meaning Banco Macro’s valuation is about 50.5 percent lower on this metric than the peer highlighted in the comparison, for the same forward earnings period.Yahoo Finance
In addition, BMA’s price-to-book ratio is reported at 1.1 and its PEG ratio at 0.34 for the current forward period, indicating that investors are paying just 34 percent of the price implied by forecast earnings growth when using this metric, which supports the bank’s Value grade of A in the same framework.Yahoo Finance
Macro-driven opportunity highlighted by model value
A separate quantitative model overview published by Interactive Investor on September 17, 2026 shows a model value of USD 64.27 for the bank stock, compared with the prevailing market price used in that analysis, implying a discount of 11.03 percent to the model’s fair value.
The eyeQ overview further notes that the model value for the bank has risen almost 3 percent over the past month to September 17, 2026, while the share price has not fully kept pace, which widens the gap between estimated intrinsic value and the current trading level.Interactive Investor
For investors, the combination of a Strong Buy ranking based on earnings revisions and a double-digit percentage discount to model fair value underscores the narrative that Banco Macro stock still offers upside potential relative to its current valuation, even after a period of improvements in the domestic financial backdrop.
Local trading context: Banco Macro slips modestly
On the domestic market in Buenos Aires, banking shares showed resilience on September 17, 2026 despite a weaker performance of the S&P Merval index, according to a same-day market wrap from The Rio Times.
In that Argentine markets overview dated September 17, 2026, Banco Macro is reported to have slipped only 0.3 percent during the local trading session, while the benchmark Merval index fell 1.65 percent to 3,028,871 points, illustrating that the bank outperformed the broader equity market on that day.The Rio Times
The same report lists a representative bank instrument at 275.00 Argentine pesos, down 1.70 percent with a year-on-year gain of 35.14 percent as of late trading on September 17, 2026, suggesting that despite short-term volatility, bank valuations on the local exchange have moved significantly higher over the past twelve months.The Rio Times
Stock price and market data
In New York, Banco Macro’s American depositary shares trade on the New York Stock Exchange under the ticker BMA in USD; as of the most recent completed trading day prior to September 17, 2026, the shares were quoted at a level that keeps them below the USD 64.27 model value cited in the eyeQ analysis, reflecting the roughly 11.03 percent discount to that fair value benchmark.Interactive Investor
Banco Macro stock at a glance
- Company: Banco Macro S.A.
- ISIN: US05961W1053
- Ticker: BMA
- Trading venue: NYSE
- Sector / Industry: Financials / Banks
- Index membership: S&P Merval (via local listing)
