BMABanco Macro S.A.
The schedule
- Thu15Oct
Impact of the IMF review on Argentine sovereign risk and banking sector equity valuations.
- Tue23Feb
Q3 financial results evaluating loan growth, asset quality, and margin resilience.
- Wed24Feb
Full-year earnings and dividend payout announcement, acting as a total-return catalyst.
- Tue25May
- Tue24Aug
- Tue23Nov
Past
- Thu6Aug
Actual outcome: Bear · $80.43 at outcome
Banco Macro (BMA) reported Q2 2026 earnings with an EPS of 2193.3, exactly matching analyst estimates. Despite meeting expectations, the lack of an earnings beat or new positive catalysts failed to sustain investor momentum, leading to a sell-off. The stock fell 6.7% following the release, closing well below the bear floor.
Banco Macro (BMA) reported Q2 2026 earnings with an EPS of 2193.3, exactly matching analyst estimates. Despite meeting expectations, the lack of an earnings beat or new positive catalysts failed to sustain investor momentum, leading to a sell-off. The stock fell 6.7% following the release, closing well below the bear floor.
- Wed15Jul
Actual outcome: Bear · $90.56 at outcome
Despite being highlighted on several Zacks Rank #1 growth stock lists, BMA shares fell 6.1% through the outcome date and continued to slide below the $82 bear floor by mid-August. The market reacted negatively to the BCRA monetary policy and FX rate updates, as concerns over their impact on net interest margins and broader overvaluation fears drove a sustained sell-off.
Assessment of central bank policy updates impacting net interest margins and FX positioning.
- Tue26May
Actual outcome: Bull · $83.91 at outcome
Banco Macro met Q1 2026 EPS estimates and reported higher first-quarter profit while maintaining its annual guidance. The stock rallied as executives highlighted that credit demand was recovering and asset-quality deterioration appeared to be peaking, which prompted analysts to raise earnings estimates and upgrade the stock.
Banco Macro reports Q1 2026 results. The focus will be on net interest income amidst Argentina's shifting inflation dynamics.