Analysts lift Banco Macro fair value: Banco Macro stock sits below ARS 13,813

Published on 10/07/2026 at 04:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Net income rose 39.00 percent to ARS 206.8 billion in the second quarter. Banco Macro stock had a prior close of EUR 61.00 on October 5, 2026.

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On October 5, 2026, analysts cited by Simply Wall St lifted Banco Macro's fair value estimate from ARS 12,794 to ARS 13,813. The 7.96 percent increase puts valuation assumptions against a bank whose latest quarter combined stronger profit with rising credit-risk indicators.

Fair value reaches ARS 13,813

The updated estimate was 20.10 percent above the ARS 11,040 reference value shown in the October 5 update. The same analysis cited lower discount-rate assumptions and profitability changes, including a reduction in projected revenue growth from 23.63 percent to 15.14 percent.

A separate TradingView report dated October 2, 2026 put the average 12-month target at USD 114.95, down from USD 116.84, based on eight analysts. That contrast matters: the recent ARS fair-value revision was positive, while the dollar-denominated average target was trimmed.

Second-quarter profit rises 39.00 percent

In the second quarter of 2026, net income reached ARS 206.8 billion, up 39.00 percent from the first quarter and 4.00 percent from the year-earlier quarter, according to Yahoo Finance. Adjusted net income was ARS 221.0 billion, producing adjusted annualized return on equity of 14.30 percent.

The quarter also exposed the operating trade-off. Banco Macro reported a 6.50 percent nonperforming-loan ratio, up from 5.40 percent in the first quarter of 2026, while coverage stood at 95.40 percent. Management lowered real loan-growth guidance for 2026 to 2.00 percent to 5.00 percent and raised adjusted return-on-equity guidance from 8.00 percent to an area of 12.00 percent.

EUR 61.00 prior close

The bank's market value was USD 4.4 billion as of October 6, 2026, while its 52-week range was USD 42.06 to USD 106.15. Banco Macro's primary listing is on the NYSE, and the company also trades on BYMA, according to Citi Depositary Receipt Services.

The prior close at Lang & Schwarz was EUR 61.00 on October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of Banco Macro stock.