BMA: Banco Macro S.A. - Summary | Jitta

Banco Macro S.A.

NYSE:BMA

Price
$22.28
Loss Chance
42.6%
6.98JITTA SCORE
81.29%Under Jitta Line
Jitta Ranking
26 / 329
41 / 731
61 / 4,194
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (59)
Recent Business Performance (86)
Financial Strength (84)
Return to Shareholders (86)
Competitive Advantage (68)
Jitta Signs
Revenue and EarningConsistent
Recent Business PerformanceEarning Growth Last Year
SG&A to SalesDecreasing
Loan to DepositEfficiency
Net Interest MarginHigh Efficiency
Operating MarginInconsistent
Total DepositDeclined
Key Stats
Jitta Score
Jitta Line
6.98
81.29%
5.92
346.50%
5.11
290.33%
Diversified Banks
5.36
35.33%
4.97
34.75%
7.13
898.05%
COMPANY DESCRIPTION
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 (ATMs), and money transfers. The company also provides personal loans, document discounts, residential mortgages, overdrafts, pledged loans, and credit card loans to retail customers. In addition, it offers corporate banking products and services, including deposits, lending, check cashing advances and factoring, guaranteed loans, credit lines for financing foreign trade, and cash management services; trust, payroll, and financial agency services, as well as corporate credit cards and other specialty products; and working capital facilities, credit for investment projects, and leasing and foreign trade transactions. Further, the company provides transaction services, such as collection services, payments to suppliers, payroll services, and foreign exchange transactions; information services comprising Datanet and Interpymes services to corporate customers; and Internet and mobile banking services. As of December 31, 2019, it operated through a network of 463 branches, 1,542 ATMs, 955 self-service terminals, and service points. Banco Macro S.A. was incorporated in 1966 and is headquartered in Buenos Aires, Argentina.