MetaCap

Banco Macro S.A. ADR (representing Ten Class B Company Profile

NYSE: BMAFinanceCommercial BanksUSD

66.24+0.325 (+0.49%)

Market open · Delayed 15 min · as of Oct 8, 10:09 AM ET

Banco Macro S.A. at a glance

Banco Macro S.A. ADR (representing Ten Class B (NYSE: BMA) is a Commercial Banks company in the Finance sector headquartered in Buenos Aires, Argentina. Banco Macro S.A. is led by Mr. Juan Martin Parma and employs about 8,180 people. At a market capitalization of $4.21 billion, it is considered a mid-cap company.

Its SEC Central Index Key (CIK) is 0001347426, which identifies the company's filings on EDGAR.

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

What does Banco Macro S.A. do?

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, 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; and 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 cash management, collection services, payments to suppliers, payroll services, foreign exchange transactions, and foreign trade services; information services to corporate customers; and internet and mobile banking services. Additionally, it offers short-term and medium-to-long-term corporate lending products. Banco Macro S.A. was incorporated in 1966 and is headquartered in Buenos Aires, Argentina.

Business description based on the company's public filings.

Company information

Legal name
Banco Macro S.A. ADR (representing Ten Class B
Ticker
NYSE: BMA
Sector
Finance
Industry
Commercial Banks
CEO
Mr. Juan Martin Parma
Employees
8,180
Headquarters
Avenida Eduardo Madero 1182, Buenos Aires, Argentina
Phone
54 11 5222 6500
SEC CIK
0001347426

Companies similar to Banco Macro S.A.

BMA peer companies
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INTRInter & Co. Inc. Class A7.27+1.24%$3.21Bvs BMA
BBARBanco BBVA Argentina S.A. ADS13.03+0.46%$2.66Bvs BMA
IFSIntercorp Financial Services Inc.52.50+0.19%$5.80Bvs BMA
NTBBank of N.T. Butterfield & Son Limited (The) Voting57.56+0.24%$2.26Bvs BMA
GGALGrupo Financiero Galicia S.A. ADR37.55+1.34%$6.36Bvs BMA
AGBKAGI Inc Class A6.54+0.46%$1.71Bvs BMA
ESQEsquire Financial Holdings Inc.115.86+0.14%$1.40Bvs BMA
PGCPeapack-Gladstone Financial Corporation43.44+0.07%$770.10Mvs BMA

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