Banco Macro stock trades 33.5 percent below its 52-week high of USD 106.15

Published on 09/25/2026 at 17:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Banco Macro stock reported ARS 206.8 billion in Q2 net income on August 19, 2026. EPS of USD 2.29 beat consensus by USD 0.43, while analysts see USD 111.25.

BMA, US05961W1053, Illustration mit AI erstellt.

Banco Macro (ISIN US05961W1053) was trading at USD 70.62 on the NYSE at 10:58 a.m. ET on September 25, 2026, 33.5 percent below its 52-week high of USD 106.15. The bank's second-quarter results provide the central earnings reference for the stock.

Q2 profit rises 39 percent

Banco Macro's investor-relations page lists the second-quarter announcement on August 19, 2026, for the period ended June 30, 2026. According to TradingView, Banco Macro reported ARS 206.8 billion in net income, up 39 percent from the prior quarter and 4 percent from a year earlier.

The quality of that result is mixed. TradingView reported ARS 14.2 billion in after-tax restructuring charges, leaving adjusted net income at ARS 221 billion and adjusted annualized return on equity at 14.3 percent, 4.4 percentage points above the first-quarter level.

EPS beat meets cautious credit outlook

According to MarketBeat, quarterly EPS was USD 2.29 against a USD 1.86 consensus estimate, a USD 0.43 beat. The same report put quarterly revenue at USD 1 billion versus a USD 946.46 million consensus estimate.

Credit trends remain an important counterweight to the earnings improvement. TradingView reported that the full-year real loan-growth forecast was reduced to 2 percent to 5 percent, while the reported nonperforming-loan ratio stood at 6.25 percent in the second quarter.

Analysts see USD 111.25

Analyst expectations remain above the quoted share price. MarketBeat reported a Moderate Buy consensus and an average 12-month price target of USD 111.25, compared with a reported share price of USD 75.25 in that article.

MarketBeat also reported that JPMorgan raised its price target from USD 120.00 to USD 132.00 and assigned an Overweight rating on June 25, 2026. The split between stronger earnings and slower loan growth leaves credit quality and margin resilience as the key operating variables.

Stock trades below yearly high

Banco Macro was trading at USD 70.62 on the NYSE at 10:58 a.m. ET on September 25, 2026. The session range was USD 69.51 to USD 71.43, the daily change was down USD 0.38 or 0.53 percent, market capitalization was USD 4,515,694,206, and volume was 80,581 shares.