Banco Macro | BMA

Stock Price
58.91
Daily Change
0.69 1.19%
Monthly
-22.19%
Yearly
-5.09%
Q3 Forecast
57.84

Peers Price Chg Day Year Date
Banco ABC Brasil 22.59 0.16 0.71% -1.83% Sep/05
Banco Do Brasil 21.15 0.73 3.57% -26.49% Sep/05
Banco Bradesco 3.18 0.11 3.58% 13.17% Sep/05
BB Seguridade 32.24 0.03 0.09% -12.18% Sep/05
Banco Bilbao Vizcaya Argentaria 15.61 -0.21 -1.30% 75.10% Sep/05
Banco Macro 58.91 0.69 1.19% -5.09% Sep/05
Bolsa Mexicana de Valores 37.76 -0.16 -0.42% 25.82% Sep/05
Banco do Estado do Rio Grande do Sul 11.61 0.11 0.96% -8.37% Sep/05
B3 Sa Brasil Bolsa Balcao 13.38 0.29 2.22% 9.40% Sep/05
Banorte 175.63 3.19 1.85% 28.49% Sep/05
Brasil RE (Instituto de Resseguros do Brasil 46.52 0.02 0.04% -6.75% Sep/05
Itaúsa 11.15 0.12 1.09% 0.27% Sep/05
Laurentian Bank Of Canada 31.59 0.15 0.48% 20.99% Sep/05
Banco Santander Brazil 29.19 1.00 3.55% -6.62% Sep/05
XP 18.91 1.01 5.64% 4.02% Sep/05


Banco Macro traded at $58.91 this Friday September 5th, increasing $0.69 or 1.19 percent since the previous trading session. Looking back, over the last four weeks, Banco Macro gained 22.19 percent. Over the last 12 months, its price fell by 5.09 percent. Looking ahead, we forecast Banco Macro to be priced at 57.84 by the end of this quarter and at 54.74 in one year, according to Trading Economics global macro models projections and analysts expectations.

Banco Macro SA is an Argentina-based public company that offers traditional banking products and services to companies, including those operating in regional economies, and individuals, thus strengthening its goal to operate as a multiservice bank. Through other companies in the group, the Company also renders services as trustee agent and director and manager of mutual funds, as well as stock exchange services. The Company began the process of acquiring entities, assets and liabilities as part of the privatization of provincial banks and other banking institutions. The Company and Worldline Argentina SA entered into a joint venture agreement with Siemens Itron Business Servicies SA, to be jointly controlled by both companies, for the purpose of facilitating the development of a tax management data processing center, modernizing the existing tax collection systems and processes used by the Province of Salta, and managing and recovering municipal taxes and fees.