Banco Macro S.A(NYSE:BMA) 
Banco Macro S.A. provides various banking products and services to retail and corporate customers in Argentina. It offers various retail banking products and services, such as savings and checking accounts, time deposits, credit and debit cards, consumer finance loans, mortgage loans, automobile loa...
Website: http://www.macro.com.ar
Founded: 1976
Full Time Employees: 8,651
Sector: Financial Services
Industry: Banks-Regional
• Market Cap:
• Exchange:
• Shs Outstanding:
• Employees:
• Beta:
• Return on Equity (ROE) ttm:
• Return on Assets (ROA) ttm:
• EPS ttm:
• Book value per Share:
• Cash per Share:
• Current ast per Share:
• P/E ttm:
• P/E forward:
• P/E ttm high:
• P/E ttm low:
• P/S ttm:
• P/B ttm:
• P/FCF ttm:
• PEG ratio:
• Cash Ratio ttm:
• Quick Ratio ttm:
• Current Ratio ttm:
• Gross Mgn ttm:
• EBITDA Mgn ttm:
• Operating Mgn ttm:
• Net Income Mgn ttm:
• Trailing Div yield:
• Forward Div yield:
• Payout Ratio ttm:
• Ex-Dividend date:
• Target Price High:
• Target Price Low:
• Target Price Mean:
• Number of Analysts:
• Debt Ratio ttm:
• Debt to Equity ttm:
• Total Net Debt:
At a glance:
Bull Thesis:
Bear Thesis:
Main Competitors:
Moat:
Income Statements:
Quarterly
Annual
| Unit: USD | 2007-12-31 |
|---|
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2019-03-08 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-11-24 | 2003-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||
cash and deposits in banks | 74,766,000,000 | |||||||||||
cash | 10,696,500,000 | 150,190,000 | ||||||||||
central bank of argentina | 50,212,100,000 | 2,545,880,000 | 1,284,709,000 | 191,475,000 | ||||||||
other loan & foreign entities | 13,401,600,000 | |||||||||||
other | 455,800,000 | 10,789,000 | 10,925,000 | 10,669,000 | 11,116,000 | |||||||
debt securities at fair value through profit & loss | 2,635,200,000 | |||||||||||
derivatives | 17,300,000 | |||||||||||
repo transactions | 164,500,000 | |||||||||||
other financial assets | 2,999,600,000 | |||||||||||
loans & other receivables | 178,874,800,000 | |||||||||||
non financial public sector | 1,775,500,000 | |||||||||||
financial sector | 5,573,800,000 | |||||||||||
non financial private sector and foreign | 171,525,300,000 | |||||||||||
other debt securities | 64,584,800,000 | |||||||||||
financial assets in guarantee | 6,756,200,000 | |||||||||||
investments in equity instruments | 51,500,000 | |||||||||||
investments in other companies | 108,800,000 | 708,000 | ||||||||||
property, plant and equipment | 9,002,700,000 | |||||||||||
intangible assets | 1,401,000,000 | 14,261,000 | ||||||||||
deferred income tax assets | 46,600,000 | |||||||||||
other non financial assets | 834,300,000 | |||||||||||
non-current assets held for sale | 804,000,000 | |||||||||||
total assets | 342,882,600,000 | 74,995,634,000 | 59,295,034,000 | 47,894,065,000 | 41,179,199,000 | 33,524,407,000 | 26,859,238,000 | 22,430,272,000 | 19,781,246,000 | 14,504,972,000 | 700,612,000 | 5,025,027,000 |
liabilities | ||||||||||||
deposits | 237,954,400,000 | 594,530,000 | ||||||||||
liabilities at fair value through profit & loss | ||||||||||||
other financial liabilities | 15,318,500,000 | |||||||||||
financing received from central bank and other financial institutions | 2,998,000,000 | |||||||||||
issued corporate bonds | 6,377,300,000 | |||||||||||
current income tax liabilities | 2,946,500,000 | |||||||||||
subordinated corporate bonds | 15,288,400,000 | 981,142,000 | 740,192,000 | 647,753,000 | 598,470,000 | 572,473,000 | 521,681,000 | 490,695,000 | 507,844,000 | |||
provisions | 1,045,900,000 | 159,381,000 | 131,683,000 | 112,816,000 | 105,830,000 | 88,275,000 | 83,004,000 | 164,347,000 | 104,870,000 | 994,000 | 285,128,000 | |
deferred income tax liabilities | 274,700,000 | |||||||||||
other non financial liabilities | 5,875,000,000 | |||||||||||
total liabilities | 288,244,600,000 | 50,667,603,000 | 41,694,970,000 | 36,459,647,000 | 29,371,565,000 | 23,500,437,000 | 19,608,361,000 | 17,073,540,000 | 12,189,995,000 | 660,547,000 | 3,899,808,000 | |
shareholders' equity | 2,314,977,000 | |||||||||||
capital stock | 669,700,000 | |||||||||||
issued shares premium | 12,428,500,000 | |||||||||||
adjustment to shareholders' equity | 4,500,000 | |||||||||||
reserves | 21,995,900,000 | |||||||||||
retained earnings | 3,264,700,000 | |||||||||||
other accumulated comprehensive income | 543,100,000 | |||||||||||
net income for the period / fiscal year | 15,729,200,000 | |||||||||||
shareholders' equity attributable to parent company | 54,635,600,000 | |||||||||||
shareholders' equity attributable to non controlling interest | 2,400,000 | |||||||||||
total shareholders' equity | 54,638,000,000 | |||||||||||
selected consolidated balance sheet | ||||||||||||
central bank rules: | ||||||||||||
cash and due from banks and correspondents | 15,434,202,000 | 12,860,529,000 | 10,047,048,000 | 6,172,446,000 | 3,523,897,000 | |||||||
government and private securities | 10,312,498,000 | 2,441,316,000 | 2,343,078,000 | 4,396,862,000 | 4,708,649,000 | 198,411,000 | 2,155,766,000 | |||||
loans: | ||||||||||||
to the non-financial government sector | 604,417,000 | 640,158,000 | 586,557,000 | 336,189,000 | 744,507,000 | 365,549,000 | ||||||
to the financial sector | 213,867,000 | 364,897,000 | 299,250,000 | 343,282,000 | 80,423,000 | 17,835,000 | ||||||
to the non-financial private sector and foreign residents | 44,108,055,000 | 39,023,795,000 | 31,203,946,000 | 24,238,011,000 | 10,893,376,000 | |||||||
allowances for loan losses | -1,186,044,000 | -1,006,495,000 | -887,156,000 | -599,224,000 | -438,348,000 | -56,279,000 | ||||||
other assets | 5,508,639,000 | 4,970,834,000 | 4,301,342,000 | 6,291,633,000 | 181,256,000 | 114,342,000 | 2,917,768,000 | 206,580,000 | 202,765,000 | 820,000 | 1,144,237,000 | |
average assets | 67,852,744,000 | 53,268,656,000 | 44,792,602,000 | 34,839,066,000 | 21,865,952,000 | 4,356,792,000 | ||||||
liabilities and shareholders’ equity | ||||||||||||
deposits: | ||||||||||||
from the non-financial government sector | 8,570,055,000 | 6,580,041,000 | 8,318,383,000 | 5,836,211,000 | 5,216,109,000 | 3,613,924,000 | 3,937,961,000 | 1,774,121,000 | 1,295,630,000 | 382,195,000 | ||
from the financial sector | 26,874,000 | 24,222,000 | 17,731,000 | 15,776,000 | 14,052,000 | 22,438,000 | 13,310,000 | 5,078,000 | 11,909,000 | |||
from the non-financial private sector and foreign residents | 36,820,103,000 | 27,846,067,000 | 23,313,136,000 | 11,867,958,000 | ||||||||
other liabilities from financial intermediation and other liabilities | 6,023,432,000 | 4,575,660,000 | 6,487,435,000 | 3,157,646,000 | 559,450,000 | |||||||
items pending allocation | 7,128,000 | 7,408,000 | 6,981,000 | 4,765,000 | 2,857,000 | 2,105,000 | 2,056,000 | 859,000 | 15,000 | 3,783,000 | ||
minority interest in subsidiaries | 69,502,000 | 51,355,000 | 37,584,000 | 27,499,000 | 20,684,000 | 15,568,000 | 12,640,000 | 78,165,000 | 3,000 | |||
shareholders’ equity | 8,627,431,000 | 6,199,095,000 | 4,719,552,000 | 4,152,842,000 | 3,358,801,000 | 2,821,911,000 | 2,707,706,000 | 1,125,219,000 | ||||
average shareholders’ equity | 7,344,336,000 | 5,510,363,000 | 4,400,739,000 | 2,778,572,000 | 949,023,000 | |||||||
u.s. gaap: | ||||||||||||
shareholders’ equity attributable to the controlling interest | 8,332,414,000 | 5,876,589,000 | 4,325,759,000 | 2,221,199,000 | ||||||||
non-controlling interests | 70,055,000 | 51,534,000 | 37,375,000 | 15,568,000 | ||||||||
other receivables from financial intermediation | 93,227,000 | |||||||||||
amounts receivable from spot and forward sales pending settlement | 248,714,000 | 37,042,000 | 428,581,000 | |||||||||
securities and foreign currency receivable from spot and forward purchases pending settlement | 77,567,000 | 536,560,000 | 149,275,000 | |||||||||
unlisted corporate bonds | 279,306,000 | 80,746,000 | 44,257,000 | |||||||||
receivables from forward transactions without delivery of underlying asset | 2,840,000 | 5,295,000 | ||||||||||
other receivables not covered by debtors classification standards | 642,223,000 | 598,224,000 | 549,677,000 | |||||||||
other receivables covered by debtors classification standards | 40,280,000 | 69,296,000 | 69,969,000 | |||||||||
less: allowances | -237,513,000 | -231,219,000 | -206,939,000 | -3,489,000 | ||||||||
other receivables from financial intermediation - sum | 3,599,297,000 | 2,380,653,000 | 1,226,295,000 | |||||||||
receivables from financial leases | 249,081,000 | |||||||||||
accrued interest and adjustments | 4,339,000 | |||||||||||
receivables from financial leases - sum | 247,399,000 | |||||||||||
in financial institutions | 557,000 | 531,000 | 439,000 | 429,000 | ||||||||
investments in other companies - sum | 9,670,000 | 9,959,000 | 10,411,000 | 10,373,000 | ||||||||
other receivables | 8,061,000 | |||||||||||
receivables from sale of assets | 7,229,000 | 12,231,000 | 26,074,000 | 26,330,000 | ||||||||
minimum presumed income tax — tax credit | 10,280,000 | |||||||||||
accrued interest and adjustments on receivables from sale of assets | 330,000 | 481,000 | ||||||||||
other accrued interest and adjustments | 290,000 | |||||||||||
other receivables - sum | 597,011,000 | 366,495,000 | 254,280,000 | 193,363,000 | ||||||||
bank premises and equipment | 445,531,000 | 433,625,000 | 373,111,000 | 336,251,000 | 26,131,000 | |||||||
goodwill | 100,945,000 | 55,045,000 | 71,916,000 | 81,164,000 | ||||||||
organization and development costs, including differences due to court orders | 196,352,000 | 155,529,000 | ||||||||||
intangible assets - sum | 297,297,000 | 210,574,000 | 262,977,000 | 191,179,000 | ||||||||
checking accounts | 4,178,758,000 | 3,275,826,000 | 2,599,682,000 | 1,876,232,000 | ||||||||
savings accounts | 4,526,697,000 | 3,445,577,000 | 2,780,350,000 | 2,097,362,000 | ||||||||
time deposits | 8,714,101,000 | 7,711,471,000 | 5,907,005,000 | 4,380,981,000 | ||||||||
investment accounts | 178,010,000 | 52,286,000 | 63,063,000 | 18,836,000 | ||||||||
accrued interest, adjustments, foreign exchange and quoted price differences payables | 59,135,000 | 63,227,000 | 62,442,000 | |||||||||
other liabilities from financial intermediation | 53,573,000 | |||||||||||
central bank of argentina — other | 1,877,000 | 1,897,000 | ||||||||||
banks and international institutions | 45,506,000 | 219,743,000 | 160,939,000 | 176,687,000 | ||||||||
non-subordinated corporate bonds | 620,071,000 | 601,016,000 | 780,590,000 | |||||||||
amounts payable for spot and forward purchases pending settlement | 93,609,000 | 492,183,000 | 158,765,000 | 132,434,000 | ||||||||
securities and foreign currency to be delivered under spot and forward sales pending settlement | 2,561,740,000 | 1,076,047,000 | 445,799,000 | 217,066,000 | ||||||||
put options sold premiums | 398,000 | 80,000 | ||||||||||
financing received from argentine financial institutions | 47,982,000 | |||||||||||
interbank financing | 30,068,000 | 145,000,000 | ||||||||||
other financing received from argentine financial institutions | 17,278,000 | 18,957,000 | 90,806,000 | |||||||||
accrued interest payables | 25,000 | 78,000 | 53,000 | |||||||||
forward transactions amounts pending settlement without delivery of underlying asset | 755,000 | |||||||||||
other liabilities | 11,364,000 | |||||||||||
fees | 447,000 | 624,000 | ||||||||||
other liabilities - sum | 633,691,000 | 884,082,000 | 242,029,000 | 188,931,000 | ||||||||
total liabilities and shareholders’ equity | 33,524,407,000 | 26,859,238,000 | 19,781,246,000 | 700,612,000 | ||||||||
assets subject to financial leases | 250,239,000 | 372,866,000 | 282,129,000 | 3,174,000 | ||||||||
assets subject to financial leases - sum | 246,590,000 | 367,968,000 | 278,640,000 | |||||||||
premiums on options taken | ||||||||||||
minimum presumed income tax – tax credit | 45,293,000 | |||||||||||
accrued interest and adjustments receivable from sale of assets | 544,000 | 302,000 | ||||||||||
other accrued interest and adjustments receivable | 58,000 | 66,000 | ||||||||||
organization and development costs, including amparos | 191,061,000 | 110,015,000 | ||||||||||
central bank of argentina – other | 347,896,000 | |||||||||||
premiums on options sold | 2,000 | 868,000 | ||||||||||
interfinancing – | 46,000,000 | |||||||||||
dividends payables | 1,000 | |||||||||||
profesional fees | 732,000 | 9,000 | ||||||||||
minimum presumed income tax - tax credit | 47,780,000 | |||||||||||
accrued interest, adjustments, foreign exchange and quoted price differences payable | 36,703,000 | |||||||||||
central bank of argentina - other | 386,089,000 | |||||||||||
payables for forward transactions without delivery of underlying asset | ||||||||||||
other liabilities from financial intermediation - sum | 1,237,116,000 | |||||||||||
dividends payable | 662,000 | |||||||||||
total liabilities and shareholders' equity | 14,504,972,000 | |||||||||||
loans | 205,614,000 | |||||||||||
total shareholders’ equity | 40,065,000 | |||||||||||
consolidated balance sheet | ||||||||||||
cash and due from banks | ||||||||||||
to the non-financial private sector and residents abroad | 723,619,000 | |||||||||||
from the non-financial private sector | 2,633,140,000 | |||||||||||
subordinated corporate bond | 24,200,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | |
|---|---|
changes in cash and cash equivalents | |
cash and cash equivalents at the beginning of the fiscal year | |
cash and cash equivalents at the end of the fiscal year | |
net increase in cash and cash equivalents | |
causes of changes in cash and cash equivalents | |
operating activities | |
net (payments) / collections for: | |
- government and private securities | |
- loans | |
-to the financial sector | |
- to the non-financial government sector | |
- to the non-financial private sector and foreign residents | |
- other receivables from financial intermediation | |
- receivables from financial leases | |
- deposits | |
- from the financial sector | |
- from the non-financial government sector | |
- from the non-financial private sector and foreign residents | |
- other liabilities from financial intermediation | |
- financing facilities from the financial sector | |
- others | |
collections related to service-charge income | |
payments related to service-charge expenses | |
administrative expenses paid | |
payment of organization and development costs | |
net collections from penalty interest | |
differences from payments related to court orders | |
collections of dividends from other companies | |
other collections related to other income and losses | |
net collection / (payments) from other operating activities | |
payment of income tax | |
net cash flows (used in) / generated by operating activities | |
investing activities | |
net payments for bank premises and equipment | |
net payments for other assets | |
net cash flows used in investing activities | |
financing activities | |
- non-subordinated corporate bonds | |
- central bank of argentina: | |
- other | |
- international banks and institutions | |
- subordinated corporate bonds | |
- financing received from argentine financial institutions | |
- capital contribution | |
- payment of dividends | |
- other payments for financing activities | |
net cash flows generated by / (used in) financing activities | |
financial income and holding gains on cash and cash equivalents | |
net collections / (payments) for: | |
- to the financial sector | |
net payments from other operating activities | |
net cash flows generated by operating activities | |
collections from sales of investment in others companies | |
net cash flows generated in / (used in) financing activities | |
payment of income tax / minimum presumed income tax | |
other collections for investing activities | |
net cash flows used in financing activities | |
other collections / (payments) for investing activities | |
payment of dividends | |
cash and cash equivalents at beginning of the fiscal year | |
cash and cash equivalents at end of the fiscal year | |
net collections / | |
collections related to service-change income | |
payments of organization and development cost | |
net cash flows generated in operating activities | |
net (payments) / collections: | |
- central bank of argentina | |
- banks and international institutions | |
other payments for financing activities | |
- own shares reacquired | |
payments from purchases of investments in other companies | |
other (payments)/collections for investing activities | |
other collections/(payments) related to other income and losses | |
collections from sales of investments in other companies | |
cash and cash equivalents at beginning of fiscal year | |
cash and cash equivalents at end of fiscal year | |
payments of organization and development expenses | |
net (payments) / collections from other operating activities | |
net (payments) / collections for other assets | |
other collections/(payments) for investing activities | |
other payments from financing activities | |
- assets subject to financial leases | |
other (payments)/collections related to other income and losses | |
net cash flows generated in/(used in) operating activities | |
other (payments) / collections for investing activities | |
irrevocable capital | |
- other collections | |
net cash flows (used in)/generated in financing activities | |
net collections/(payments) from other operating activities | |
net collections/(payments) for other assets | |
other payments for investing activities |