Banco Macro SA B ADR

NYSE BMA

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Banco Macro SA B ADR Market Capitalization on June 03, 2024: USD 5.70 B

Banco Macro SA B ADR Market Capitalization is USD 5.70 B on June 03, 2024, a 85.34% change year over year. Market capitalization is a financial metric that represents the total value of a publicly traded company. It is calculated by multiplying the current share price of a company by the total number of outstanding shares. Market capitalization is used to assess the size and relative value of a company in the stock market. It provides investors with an idea of the company's overall worth and is often used as a basis for comparing companies within the same industry or sector. A higher market capitalization generally indicates a larger, more established company.
  • Banco Macro SA B ADR 52-week high Market Capitalization is USD 6.09 B on May 17, 2024, which is 6.82% above the current Market Capitalization.
  • Banco Macro SA B ADR 52-week low Market Capitalization is USD 3.69 M on March 01, 2024, which is -99.94% below the current Market Capitalization.
  • Banco Macro SA B ADR average Market Capitalization for the last 52 weeks is USD 3.87 B.
NYSE: BMA

Banco Macro SA B ADR

CEO Mr. Gustavo Alejandro Manriquez
IPO Date March 24, 2006
Location Argentina
Headquarters Avenida Eduardo Madero 1182, Buenos Aires, Argentina
Employees 9,192
Sector Financial Services
Industry Banks - regional
Description

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 comprising Datanet and Interpymes 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.

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StockViz Staff

September 16, 2024

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