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Blue Chip Growth

Stock Report: Banco Macro SA Sponsored ADR Class B (BMA) Report Updated: Oct 15, 2017 | Print This Page

Get more stock ratings by Louis Navellier

Banco Macro SA Sponsored ADR Class B (BMA)

Rating: Strong Buy Volatility: Conservative
Total Grade: A Industry: Banks
Competitors: HDB,BAP,BCH,CNBKA

Stock Analysis

Rating: Monthly View

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Rating: Weekly View

This Week: A down no change
Last Week: A same no change
Two Weeks Ago: A up no change
service keys

Banco Macro SA Sponsored ADR Class B© quotemedia

Company Profile

Banco Macro S.A. provides various banking products and services to individuals, entrepreneurs, and corporate customers in Argentina. It offers various retail 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 (ATMs), and money transfers. The company also provides personal loans, document discounts, mortgages, pledged loans, and credit card loans to retail customers. In addition, it offers corporate banking products and services that include deposits, lending, check cashing advances and factoring, guaranteed loans, credit lines for financing foreign trade, and cash management services. Further, the company provides trust, payroll, and financial agency services, as well as corporate credit cards and other specialty products; transaction services, such as customer collections, payments to suppliers, payroll administration, foreign exchange transactions, and foreign trade services; and information services, such as Datanet and Interpymes services to corporate customers. As of December 31, 2014, it operated through a network of 434 branches, 1,272 ATMs, 891 self-service terminals, and 68 service points. Banco Macro S.A. also offers Internet banking services. The company is headquartered in Buenos Aires, Argentina.