How to Buy Macro Bank Stock
Macro Bank Inc
Macro Bank is a bank company located in Argentina, which is part of the Financial Services sector, and is traded under the ticker BMA on the NYSE exchange.
Macro Bank stock last closed at $51.38, up 4.69% from the previous day, and has increased 186.08% in one year. It has overperformed other stocks in the Banks - Regional industry by 1.67 percentage points. Macro Bank stock is currently +211.58% from its 52-week low of $16.49, and -6.77% from its 52-week high of $55.11.
As of Apr 26, 2024, there are 639.41M shares of BMA outstanding. The market value of BMA is $3.29B. In the past 24 hours, 386,537 BMA shares were traded.
How to Buy Macro Bank Stock
Wondering how to invest in Macro Bank stock? Here's how.
- Choose where to buy Macro Bank stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you decide where to buy Macro Bank stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Pick your method of payment and add your info.
- Evaluate Macro Bank stock: The Macro Bank ticker symbol is BMA. Is Macro Bank stock a good investment? Should you buy shares of BMA? How do BMA's underlying business fundamentals look? Do top analysts think Macro Bank is a good buy? Why has BMA's stock price moved recently? (Hint: Our stock market research tools can help you decide if BMA is a good stock to buy).
- Make your BMA purchase: Decide if you will purchase BMA shares at the current market price or use a limit order to purchase BMA stock at a specific price.
- Get the latest news on your BMA investment: Create a watchlist to the latest updates on your new investment in Macro Bank stock.
Step 1: Choose where to buy Macro Bank stock
You need a brokerage account to access the NYSE market and buy BMA stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen your brokerage, it's time to fill out some personal details so you can buy BMA stock today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to create a new trading account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've filled out your info on our top ranked stock app, you can securely and quickly fund your account:
Watch the walkthrough below if you need help transferring funds into your brokerage account.
Step 4: Evaluate Macro Bank stock
Once you have decided on the best place to buy Macro Bank stock, it's critical to analyze their stock prior to investing, so you truly comprehend the risk and opportunity.
Macro Bank stock data
BMA Fundamentals
WallStreetZen was built to help part-time investors perform more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on BMA's stock page.
Is BMA stock properly valued?
Investors use many financial metrics, analyses, models, and charts to gauge BMA's intrinsic value.
Using relative valuations measures:
- BMA may be undervalued based on its P/E ratio of 17.53x, relative to Banks - Regional industry P/E ratio of -9.61x
- BMA could be overvalued based on its P/B ratio of 1.4x, relative to Banks - Regional industry P/B ratio of 0.99x
- BMA may be undervalued based on its PEG ratio of 0.33x
You can access more valuation analysis on BMA's stock here.
BMA Financial Health Overview
Pros:
- BMA's operating cash flow of $2.38B allows it to safely service it's debt of $965.23M.
- BMA earnings of $271.92M is not sufficient to cover its interest payments.
- Total BMA debt is lower than 5 years ago, relative to shareholder equity.
Cons:
- BMA has a relatively high debt to equity ratio of 3.08.
- BMA profit margin has gone down from 12% to 8.2% in the past year.
You can dig deeper into what analysts are projecting on the Macro Bank stock forecast page.
BMA Momentum
Is BMA Growing Revenue?
Last year, BMA earnings were $187.47M. Over the past 5 year, BMA's earnings have gone up by -14.83% per year. This was slower than the Banks - Regional industry average of 17.16%.
Last year, BMA revenue was $2.28B. In the past five year, BMA's revenue has gone up by -9.72% per year. This was slower than the Banks - Regional industry average of 7.44%.
Dig into BMA's earnings and revenue performance here.
Latest Insiders Trades at BMA
Over the last 12 months, executives and large shareholders at BMA have not bought or sold any shares.
Research more about who owns BMA shares here.
Can I rely on BMA as an income stream?
No, Macro Bank doesn't provide an income stream by paying out dividends.
Get analysis from other traders
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Make your BMA purchase
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually fine. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount, place a limit order.
Click the Open Trade button and your broker will place your order.
If you require more help investing in stocks on eToro, watch the helpful video below:
Step 6: Get the latest news on your BMA investment
Now that you own some BMA shares, you'll want to stay up-to-date on your shares.
Start a watchlist to track the most important metrics related to your BMA stock.
BMA Feed
How to Buy Stock in Macro Bank
To summarize, here are the 6 steps you need to take to buy Macro Bank stock right now:
- Choose where to buy Macro Bank stock
- Sign up for a brokerage account
- Deposit funds into your brokerage account
- Evaluate Macro Bank stock
- Make your BMA purchase
- Get the latest news on your BMA investment
If you require a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Macro Bank, create your watchlist below.
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