Macro Bank (BMA, Financial) experienced a significant stock price drop of 5.56%, currently trading at $70.80 per share. The stock's trading volume reached 194,024 shares, with a turnover rate of 0.30% and a price volatility of 6.59%.
Recent financial reports show that Macro Bank reported a revenue of $974 million, but suffered a net loss of $264 million, translating to an earnings per share (EPS) of -$4.13. The company lacks gross margin data, and its price-to-earnings (P/E) ratio stands at -0.01.
In terms of analyst ratings, out of six institutions, 33% recommend buying, 50% suggest holding, and 17% advise selling Macro Bank stocks. Within the banking sector, the overall increase was 0.79%, with notable gains from companies like Broadway Financial, First Community, and Loandepot, Inc.
Active stocks in the sector included First Horizon National Bank, Pineapple Financial Inc., and Citizens Financial, with turnover rates of 1.71%, 1.70%, and 1.38%, respectively. High volatility was observed in Broadway Financial, Pineapple Financial Inc., and Fanhua Financial, with fluctuations of 27.48%, 16.92%, and 16.46%.
Macro Bank is a financial institution based in Argentina, catering to both retail and corporate clients, including four provincial governments. It generates most of its income from Argentina.
