Banco Macro Trades Below Historic Earnings

Jan. 05, 2022 1:49 AM ETBanco Macro S.A. (BMA) StockBMA18 Comments
Quipus Capital
1.56K Followers

Summary

  • Like other Argentinian banks, Macro's stock price is depressed because of fears of a financial crisis.
  • However, those fears are relatively unfounded.
  • Macro has been consistently profitable and today trades below 4 times earnings.
  • The bank is financially healthy with little debt.

varios billetes de dinero y la moneda de pesos de Argentina sobre un fondo azul y blanco. espacio para el texto. dinero de Argentina. ganar dinero. pesos, Moneda, Dinero, Argentina

Alison Calazans/iStock via Getty Images

Banco Macro (NYSE:BMA) is a traditional Argentinian bank, operating in the retail segment since the 1990s, with some concentration on the country's interior provinces.

As other Argentinian banks, BMA is trading with a discount on

This article was written by

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