BMA — Banco Macro SA B ADR

Founder-Led

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates BMA Bullish with a Setup Score of 18, net conviction 24, actionability 14. How the Setup Score works →

Total Setup Score18
Directional BiasBullish
Net Conviction24
Actionability14 (in range)

Key signals behind this score

About Banco Macro SA B ADR

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 loans, overdrafts, credit-related services, home and car insurance coverage, tax collection, utility payments, automated teller machines, and money trans… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$64.96
Market Cap$4.21B
Float21.1M
Shares Outstanding62.8M
P/E (Forward)3.10
P/E (TTM)13.48
Price/Sales (TTM)0.00
vs. Analyst Target+72.8% to analyst PT
Profit Margin8.99%
Operating Margin (TTM)25.74%
Revenue (TTM)$4.26T
Earnings Growth (YoY)3.50%
Dividend Rate4.6%
Analyst Target Price$112.27 (9 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $587.93B $76.90B $385.95B $12.82B
2021 $1.70T $138.74B $1.11T $189.17B
2022 $5.37T $276.45B $3.23T $448.56B
2023 $9.69T $1.27T $6.04T $2.01T
2024 $6.46T $325.50B $4.41T $498.16B
2025 $5.82T $337.27B $2.94T $688.93B

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Sep 2025 $1.44T -$33.10B
Dec 2025 $1.23B $79.4M
Mar 2026 $1.91T $140.24B
Jun 2026 $1.75T $219.07B

Ownership & Float

Insider Ownership0.2%
Institutional Ownership12.1%
Short Float2.1%
% of All Funds Holding1.06%
Number of Funds Holding93

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$74.00Near-term / short-term trend
Weekly40-Week SMA$81.91Medium-term trend
Weekly80-Week SMA$77.53Cyclical trend (business cycle)
Weekly200-Week SMA$58.25Secular trend (multi-year)
Monthly10-Month SMA$81.43Near-term monthly trend
Monthly20-Month SMA$78.48Medium-term monthly trend
Monthly40-Month SMA$65.84Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$91.00 resistance 1.05x 1 months ago
$44.00 support 2.16x 11 months ago

Historical Earnings Reactions (77 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.29% 0.32% 57.14% 8.84% -8.23%
1 Day -0.24% -0.68% 46.75% 10.89% -7.99%
1 Week -1.16% -0.69% 48.05% 17.14% -41.19%
2 Weeks -0.95% -2.81% 42.86% 31.70% -49.82%
1 Month 1.17% -0.50% 48.68% 47.20% -62.18%

Next earnings: November 25, 2026 (45 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan2.9%50.0%20
Feb-1.5%40.0%20
Mar1.4%55.0%20
Apr-1.4%38.1%21
May2.2%42.9%21
Jun2.1%52.4%21
Jul2.3%42.9%21
Aug-1.5%57.1%21
Sep-1.3%52.4%21
Oct7.6%60.0%20
Nov7.4%50.0%20
Dec5.0%65.0%20

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.00% 48.0% 969
Tuesday 0.13% 50.9% 1060
Wednesday 0.17% 50.9% 1060
Thursday 0.03% 46.9% 1040
Friday 0.07% 48.2% 1034

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 12.1%

Insider Transactions — Smart Summary

Total insider ownership: 0.2%

Founder-led management: Jorge Horacio Brito (Chairman)

12-Month Insider Activity Summary

Total Filings1
Net Value+N/A
Net Shares Change1,500
% of Float0.0%
C-Suite Filings0
Clusters Detected0

Key Insiders

NameTitleNet ValueFilingsActivity
Brito Marcos +$102,399 1 1 buy

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-09-16 Brito Marcos +$102,399 Transaction at $68.27, now -4.8%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Banco Macro SA B ADR (BMA) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for BMA on Trend Edge →