# Banco Macro S.A. ADR (representing Ten) (BMA) fundamentals

Data as of 2026-11-04. NYSE, United States. Sector: Financial Services / Banks. Price $60.16, market value $3.8 billion.

## Valuation
- **P/E (trailing): 12.3×** (5-yr avg 0.1×, 3-yr avg 0.1×). Banco Macro S.A. ADR (representing Ten) trades at 12.3× trailing earnings, well above its own five-year average of 0.1×: investors are paying up relative to the company's past. The Financial Services median in the September 2026 study was 13.1×. Forward P/E is 5.3×, lower than trailing, so analysts expect earnings to grow.
- **Price / book: 0.9×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **Earnings yield: 8.1%**. The inverse of the P/E: 8.1% of the price is earned each year.

## Profitability
- **Return on equity: 8.1%**. 8.1% on shareholders' equity is weak; the business earns little on the capital its owners have in it.

## Growth
- **EPS growth (1 yr): -74.3%** (3-yr 32.9%/yr, 5-yr 50.2%/yr). Earnings per share fell 74.3%.
- **Free-cash-flow growth (3 yr): 101.4%/yr**. Free cash flow has compounded at 101.4% a year over three years, keeping pace with earnings: the growth is real cash.

## Dividends
- **Dividend yield: 7.57%** ($4.56 per share, trailing). Banco Macro S.A. ADR (representing Ten) yields 7.57%, high enough to check carefully: yields this high often precede a cut.
- **Payout ratio: 143%**. The dividend exceeds earnings (143% payout), which is rarely sustainable outside REITs and one-off years.

## Analyst view
- **Analyst consensus: buy** (9 analysts). 9 analysts cover Banco Macro S.A. ADR (representing Ten); the consensus is buy, with an average price target of $104.96 (+74% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -31.2%** (YTD -30.7%, 3-mo -34.2%). The shares are down 31.2% over twelve months including dividends.
- **From 52-week high: -43.3%** (4.2% above the low). Trading 43% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 37**. An RSI of 37 is neutral.
- **Beta (1 yr): 1.95** (volatility 51%). Beta of 1.95 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=BMA · Page: https://foliofundamentals.com/stocks/bma

Not investment advice.