MetaCap

Banco Macro S.A. (BMA) vs Bank of N.T. Butterfield & Son (The) Voting (NTB)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.

Summary

Banco Macro S.A. (BMA) has outperformed Bank of N.T. Butterfield & Son (The) Voting (NTB) over the past year, gaining 55.0% versus a gain of 36.5%. Over five years, BMA leads with a +281.2% price change compared with +48.8% for NTB. Banco Macro S.A. is the larger company by market cap ($4.21 billion vs $2.26 billion), about 1.9 times the size.

On valuation, Banco Macro S.A. trades at a lower forward P/E (5.9x vs 7.8x for Bank of N.T. Butterfield & Son (The) Voting). Bank of N.T. Butterfield & Son (The) Voting pays a dividend yielding 3.48%, while Banco Macro S.A. does not currently pay one.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

BMA+54.97%NTB+36.45%
+154%+72%-10%
Oct 7, 20251 yearOct 7, 2026
BMA+298.25%NTB+54.35%
+619%+275%-69%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

BMA versus NTB key metrics
MetricBMANTB
Share price$65.91$57.42
Market cap$4.21B$2.26B
1-day change-3.85%-2.36%
YTD return-26.90%+15.25%
1-year return+54.97%+36.45%
5-year return+281.20%+48.80%
P/E ratio (TTM)13.4810.09
Forward P/E5.867.83
EPS (TTM)$4.89$5.69
Dividend yield6.64%3.48%
Annual dividend$0.00$2.00
52-week high$106.15$64.17
52-week low$42.06$40.59
Distance from 52-week high-37.91%-10.52%
Analyst consensusbuybuy
Avg. price target upside+70.22%+13.78%
Average volume291.50K167.05K
Shares outstanding62.82M39.33M
Employees8,1801,299
SectorFinanceFinance
IndustryCommercial BanksCommercial Banks

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • BMA has outperformed NTB by 18.5 percentage points over the past year.
  • Banco Macro S.A. trades at a higher earnings multiple (13.5x vs 10.1x trailing P/E).
  • Banco Macro S.A. offers a meaningfully higher dividend yield (6.64% vs 3.48%).

About Banco Macro S.A.

BMA stock →

Banco Macro S.A. provides various banking products and services to retail and corporate customers in Argentina.

Finance · Commercial Banks · 8,180 employees

About Bank of N.T. Butterfield & Son (The) Voting

NTB stock →

The Bank of N.T. Butterfield & Son Limited provides a range of community, commercial, and private banking services to individuals and small to medium-sized businesses.

Finance · Commercial Banks · 1,299 employees

BMA vs NTB FAQ

Which is bigger, Banco Macro S.A. or Bank of N.T. Butterfield & Son (The) Voting?

Banco Macro S.A. (BMA) is larger, with a market capitalization of $4.21B compared with $2.26B for Bank of N.T. Butterfield & Son (The) Voting (NTB).

Which stock has performed better over the past year, BMA or NTB?

BMA returned +54.97% over the past 12 months, compared with +36.45% for NTB (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, BMA or NTB?

NTB has the lower trailing P/E at 10.1, versus 13.5 for BMA. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, Banco Macro S.A. or Bank of N.T. Butterfield & Son (The) Voting?

Banco Macro S.A. has the higher yield at 6.64%, compared with 3.48% for Bank of N.T. Butterfield & Son (The) Voting.

Are Banco Macro S.A. and Bank of N.T. Butterfield & Son (The) Voting in the same industry?

Yes. Both are classified in the Commercial Banks industry within the Finance sector.

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