Banco Macro stock fell 3.01 percent as analysts split
Published on 09/28/2026 at 15:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Banco Macro stock fell 3.01 percent to USD 68.86 on September 25, 2026, at 4:00 p.m. ET, giving investors a sharp market signal ahead of the next valuation debate. Banco Macro's investor relations page identifies the company as listed on NYSE and BYMA under ticker BMA.
Second-quarter profit reached ARS 206.8 billion
Banco Macro reported second-quarter net income of ARS 206.8 billion for the period ended June 30, 2026, up 39 percent from the prior quarter and 4 percent from a year earlier, according to The Globe and Mail on August 19, 2026. Total financing rose 3 percent quarter-on-quarter to ARS 11.69 trillion, although it remained 5 percent below the year-earlier level.
The funding picture was mixed. Deposits declined 1 percent quarter-on-quarter to ARS 14.74 trillion, yet stood 4 percent above the year-earlier level, while the bank reported a 28 percent capital adequacy and Tier 1 ratio for the quarter.
Analyst targets show a wide gap
The valuation debate is unusually broad. MarketBeat reported on September 21, 2026, that JPMorgan raised its target from USD 120.00 to USD 132.00 on June 25, while Itau BBA cut its rating from Outperform to Market Perform and set a USD 91.00 target on September 3.
The same overview placed the average 12-month target at USD 111.25, based on eight analysts. Against the September 25 price of USD 68.86, that average implies a 61.54 percent premium, while the target range from USD 91.00 to USD 132.00 underlines the market's differing views on execution, credit demand and Argentine financial conditions.
Banco Macro stock stays below its yearly high
At USD 68.86, Banco Macro stock stood 35.13 percent below its 52-week high of USD 106.15 and 75.14 percent above its 52-week low of USD 39.30 on September 25, 2026. Market capitalization was USD 4.4 billion, with volume of 330,661 shares.
Banco Macro stock snapshot
- Company: Banco Macro S.A.
- Ticker: BMA
- Trading venue: NYSE
- Price (as of September 25, 2026, 4:00 p.m. ET): USD 68.86
- Market capitalization: USD 4.4 billion (as of September 25, 2026)
- 52-week range: USD 39.30-106.15 (as of September 25, 2026)
- Sector / Industry: Financials / Banks
