Insider buying last 90 days
$102Kin 1 open-market purchase
| Filed | Insider | Type | Value |
|---|---|---|---|
| Sep 16 | Brito Marcos director | Purchase | $102K |
From Form 4 filings, dated to when each was filed.
Gekko Brief
AI summaryBanco Macro shares have declined through the week amid continued market reaction to Q2 2026 results, with net income of ARS 206.8 billion, up 39% quarter-on-quarter, and EPS beating consensus estimates. Coverage has flagged a cautious outlook on loan growth alongside the results. Separately, brokerage coverage shows an average rating of "Moderate Buy" from eight ratings firms.
The stock closed at $66.04, down 4.1%, and sits below both its 50-day average of $80.91 and 200-day average of $83.82, with the 50-day below the 200-day. Shares trade well off the 52-week high of $106.15, closer to the 52-week low of $39.30. The GekkoIndex reads 77.8, placing the stock in the Buying zone, while price sits 29.2% below Gekko Fair Value of $93.31.
The next earnings date falls on 25 November 2026, 57 days out and beyond a typical 20-trading-day hold. Over the last 90 days, smart-money activity includes one open-market insider purchase valued at $102,399. Analyst consensus, from 2 firms, shows 1 buy and 1 hold, with a consensus target of $111.81. Seasonality data going back 5 years shows the next 20 trading days from this point averaging +19.7%, rising in 3 of those years. The gap to Gekko Fair Value, alongside the current position below both moving averages, bears watching.
Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.
Banco Macro price vs fair value
Close $66.04200-day averageGekko Fair Value $93.31
Banco Macro quick facts
- Market cap
- $4.22B
- P/E ratio
- 18.2
- Forward P/E
- 3.1
- EPS, TTM
- $3.90
- Revenue, TTM
- $3.45T
- Profit margin
- 8.4%
- Dividend yield
- —
- Beta
- 0.41
- Volume
- 302,774 avg 242,203
- 1-year return
- +39.6%
- Typical daily move
- ±4%
- Typical 20-day move
- ±11.3%
- 50-day average
- $80.91
- 200-day average
- $83.82
- Next earnings
- Nov 25
- Shares outstanding
- 62.82M
Banco Macro swing-trade checklist
Banco Macro scores 5 supportive, 0 mixed and 1 headwind across the 6 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
5 supportive0 mixed1 headwind
- Trendheadwind
Below 50 and 200-day
Close $66.04 is below the 50-day ($80.91) and 200-day ($83.82) averages, and the 50-day is below the 200-day.
See the chart - GekkoIndexsupportive
77.8, Buying
Reading 77.8 is in the Buying zone.
See the GekkoIndex - Fair valuesupportive
29.2% below
Price is 29.2% below Gekko Fair Value (more than 5% below).
See fair value - Smart moneysupportive
Leans bullish
Last 90 days: 1 open-market insider purchase.
See smart money - Earnings risksupportive
Reports in 57 days
Next report Nov 25, 2026, 57 days away — outside a typical 20-trading-day hold.
See earnings - Seasonalitysupportive
+19.7% on average
From this point in the calendar, the next 20 trading days averaged +19.7% over 5 years, rising in 3 of them.
See seasonality
A description of current data, not a recommendation. How this page works
Banco Macro stock chart and price history
Banco Macro closed at $66.04 on Sep 28, 2026, +39.6% over the past year, inside a 52-week range of $39.30 to $106.15.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- −14.1%
- 3 months
- −28.6%
- 6 months
- −4.6%
- 1 year
- +39.6%
The full BMA chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open BMA in Gekko
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Banco Macro GekkoIndex: the smart money zone
Banco Macro’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 77.8, in the Buying zone, up 12.7 points over five sessions.
77.8Buying
Up 12.7 points over five sessions, from the Accumulation zone.
Reading for Sep 28, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying (current zone) | 37 | +1.6% | +3.0% | ||
| Accumulation | 219 | −0.4% | +5.1% | ||
| Neutral | 339 | +1.5% | +2.6% | ||
| Distribution | 28 | −2.3% | −2.0% | ||
| Selling | 2 | Too few readings yet | |||
Average BMA share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Buying readings averaged +3.2% over 20 days. Past behaviour doesn’t guarantee future results.
Buying zone: Smart money likely accumulating heavily. About the five zones →
See every daily GekkoIndex reading plotted over the BMA price, zone by zone.Track BMA in Gekko
Is Banco Macro stock overvalued? Gekko Fair Value
Banco Macro trades 29.2% below Gekko Fair Value of $93.31, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what Banco Macro shares are worth, recalculated every trading day.
$93.31
Gekko Fair Value, Sep 26, 2026
29.2% Undervalued
Gekko Fair Value on every chart, with the gap to price updating daily.Open BMA in Gekko
Banco Macro insider and Congress trading
Insiders filed 1 open-market purchase in Banco Macro worth $102K, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in BMA were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for BMA, plotted on the chart in Gekko.Open BMA in Gekko
Buybacks
Banco Macro has been buying back its own shares.
- Bought back, year ended Dec 31, 2018
- $10.43B
- As a share of market cap
- 246.92%
From company filings.
Hedge funds and billionaires quarter ended Sep 30
0of the funds Gekko tracks hold BMA.
0added0opened0trimmed1sold out
Which funds are on each side, name by name.Unlock in Gekko
Banco Macro earnings: next date and track record
Banco Macro reports on Nov 25, 2026 (57 days away), and beat the EPS estimate in 4 of its last 8 reports.
Next earnings report
Nov 25, 2026
57 days away
- EPS estimate
- $2.07
- Revenue estimate
- $933.3M
4 of 8reports beat the EPS estimate
±6.5%average move across the report
3 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Aug 19, 2026 AI summary
- What they said
- Banco Macro reported Q2 2026 net income of ARS 206.8 billion, up 39% quarter-on-quarter, driven by higher fair value instrument gains, lower loan loss provisions, and reduced monetary position losses. Adjusted ROE reached 14.3%, up 4.4 percentage points QoQ. NPL ratio of 6.25% outperformed the system's 7.7%, with coverage at 95.4%. The bank closed 18 branches and recorded ARS 14 billion in after-tax restructuring charges. Total lending declined 5% year-on-year amid challenging credit conditions.
- Guidance
- Management provided no explicit numerical targets but signaled continued efficiency transformation with ongoing branch closures. Strong Tier 1 capital ratio of 28% and ample liquidity position the bank for future growth and strategic opportunities. Private sector loan market share held stable at 8.2%.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Aug 19, 2026 | $2.29 est $1.59 | $862.1M est $946.5M | −4.2% |
| May 27, 2026 | $1.59 est $1.42 | $992.6M est $837.8M | +10.0% |
| Feb 25, 2026 | $1.98 est $1.38 | $898.2M est $758.9M | −9.3% |
| Nov 26, 2025 | −$551.46 est $1,135.58 | $1.01B est $731.8M | +12.1% |
| Aug 27, 2025 | $2,653.17 est $2,607.51 | $1.14B | 0.0% |
| May 28, 2025 | $0.65 est $1.66 | $739.1M est $653.9M | −7.9% |
| Feb 26, 2025 | $1.50 est $2.41 | $801.9M est $754.4M | −7.1% |
| Nov 27, 2024 | $1.44 est $1.55 | $1.15B est $747.0M | +1.3% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Banco Macro stock forecast and analyst price targets
Analysts’ average 12-month price target for Banco Macro is $111.81, +69.3% from the last close, from 2 firms rating the stock in the last 90 days.
$111.81consensus 12-month target, +69.3% from the last close
Each firm’s latest rating in the last 90 days: 2 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Sep 3 | Itau Unibanco | $91 | +37.8% |
| Aug 20 | Bank of America Securities | — | — |
| Jul 27 | Bank of America Securities | — | — |
+3.0%average 20-day move after past Buying readings
+19.7%average move over the next 20 trading days in the last 5 years
±4%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Banco Macro seasonality: the next 20 trading days
Over the next 20 trading days from Sep 29, Banco Macro averaged +19.7% across the last 5 years, rising in 3 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | +0.3% | 3 of 5 |
| Next 10 trading days | +4.1% | 2 of 5 |
| Next 15 trading days | +6.3% | 4 of 5 |
| Next 20 trading days | +19.7% | 3 of 5 |
| Next 30 trading days | +20.5% | 3 of 5 |
For scale, BMA’s typical 20-trading-day move in either direction is about 11.3%.
Banco Macro market cap and key statistics
Banco Macro’s market cap is $4.22B, with a P/E ratio of 18.2 and revenue of $3.45T over the last twelve months.
Valuation
- Market cap
- $4.22B
- P/E ratio
- 18.2
- Forward P/E
- 3.1
- EPS, TTM
- $3.90
- Gekko Fair Value
- $93.31
Trading
- Volume
- 302,774
- Avg volume, 20 days
- 242,203
- 52-week high
- $106.15
- 52-week low
- $39.30
- Shares outstanding
- 62.82M
Financials
- Revenue, TTM
- $3.45T
- Profit margin
- 8.4%
- Return on equity
- 5.4%
- Quarterly earnings growth, YoY
- +28.2%
Risk and income
- Beta
- 0.41
- Typical daily move
- ±4%
- Typical 20-day move
- ±11.3%
Banco Macro stock news this week
Coverage of Banco Macro this week reads negative: 0 positive, 2 neutral and 3 negative headlines.
- Banco Macro S.A. (BMA) Stock Price, News, Quote & HistoryYahoo! Finance Canada, Sep 26
- Banco Macro stock trades 33.5 percent below its 52-week high of USD 106.15AD HOC NEWS, Sep 25
- Banco Macro stock falls 1.06 percent as profit risesAD HOC NEWS, Sep 24
- Banco Macro stock falls 2.43 percent after Q2 resultsAD HOC NEWS, Sep 23
- Banco Macro stock falls 2 percent as shares remain below yearly highAD HOC NEWS, Sep 22
- Macro Bank Inc. (NYSE:BMA) Receives Average Rating of “Moderate Buy” from BrokeragesDefense World, Sep 21
Banco Macro stock FAQ
What is Banco Macro’s market cap?
Banco Macro’s market cap is $4.22B at the Sep 28, 2026 close of $66.04, with 62.82M shares outstanding. The shares trade on a P/E ratio of 18.2.
What is the Banco Macro stock forecast?
The consensus analyst 12-month price target for Banco Macro is $111.81, +69.3% from the last close. Of the 2 firms that rated the stock in the last 90 days, 1 rate it a buy, 1 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.
Is Banco Macro stock overvalued or undervalued?
On Gekko’s estimate Banco Macro is undervalued: the Sep 28, 2026 close of $66.04 is 29.2% below Gekko Fair Value of $93.31. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does Banco Macro report earnings next?
Banco Macro is expected to report on Nov 25, 2026 (57 days away). Analysts expect earnings of $2.07 per share on revenue of $933.3M. Banco Macro beat the earnings estimate in 4 of its last 8 reports, moving 6.5% on average across the report.
What is Banco Macro’s 52-week high and low?
Banco Macro’s 52-week high is $106.15 and its 52-week low is $39.30; it closed at $66.04 on Sep 28, 2026, +39.6% over the past year. Over the last five years the shares peaked at $118.42 on Jan 6, 2025.
Is Banco Macro stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 5 of the 6 items with data read as supportive (gekkoindex, fair value, smart money, earnings risk and seasonality) and 1 as a headwind (trend). The checklist is a description of current data, not a recommendation.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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