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 $91.31, up 1.21% from the previous day, and has increased 89.87% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.73 percentage points. Macro Bank stock is currently +116.25% from its 52-week low of $42.23, and -22.89% from its 52-week high of $118.42.
There are currently 639.41M BMA shares outstanding. The market cap of BMA is $5.84B. In the past 24 hours, 270,558 BMA shares were traded.
How to Buy Macro Bank Stock
Not sure how to invest in Macro Bank stock? Here's how.
- Choose where to buy Macro Bank stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you figure out 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 found.
- 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 analysis website can help you understand 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 monitor your position 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.
Our preferred brokerage: eToro
Based on our experience, eToro is the best place to buy stocks. Here's why:
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- Social investing: eToro has a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your stock purchase by creating an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected your brokerage, it's time to fill out some personal information so you can buy BMA today.
How to Start 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 open your new trading account.
- Submit your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have created your account on the best beginner stock app, you can securely and quickly fund your account:
Watch the video below to see the process of depositing funds into your new investment account.
Step 4: Evaluate Macro Bank stock
Once you have identified the best place to buy Macro Bank stock, it's absolutely critical to evaluate their stock prior to investing, so you truly wrap your head around the risk as well as the upside.
Macro Bank stock data
Macro Bank Overview
WallStreetZen was created to help part-time investors perform better fundamental analysis quickly.
You can see all of the due diligence checks on BMA's stock page.
Is BMA stock undervalued?
Analysts use many financial metrics, analyses, models, and charts to gauge BMA's true value.
Using relative valuations metrics:
- BMA may be undervalued based on its P/E ratio of 8.68x, relative to Banks - Regional industry P/E ratio of 13x
- BMA may be overvalued based on its P/B ratio of 2.5x, relative to Banks - Regional industry P/B ratio of 1.08x
- BMA could be overvalued based on its PEG ratio of 1.04x
You can do additional valuation research on BMA's stock here.
BMA Financial Health Summary
Pros:
- Total BMA debt is lower than 5 years ago, relative to shareholder equity.
- BMA profit margin has gone up from 8.2% to 20.7% in the past year.
Cons:
- BMA has a relatively high debt to equity ratio of 2.29.
Do analysts think it's a good time to buy Macro Bank stock
Out of 1 sell side analysts who track BMA, the consensus analyst rating on BMA is a Strong Buy
Please note that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Macro Bank stock forecast page.
BMA Technical Indicators
BMA Growth Numbers
Last year, BMA earnings were $672.94M. During the last 4 year, BMA's earnings have gone up by 0.51% per year. This was slower than the Banks - Regional industry average of 17.8%.
Last year, BMA revenue was $3.26B. During the past 5 year, BMA's revenue has grown by 0.61% per year. This was slower than the Banks - Regional industry average of 10.11%.
Dig into BMA's earnings and revenue performance here.
What are BMA executives and large shareholders up to?
Over the past 12 months, insiders at BMA have not bought or sold any shares.
Learn more about who owns BMA stock 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 investors
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Make your BMA purchase
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually fine. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount limit, use a limit order.
Hit the Open button and eToro will execute the order.
If you want more info about buying stocks on eToro, click 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 stock purchase.
Put BMA on a watchlist to get notified of the latest news about your BMA stock.
BMA Feed
How to Buy Stock in Macro Bank
To reiterate, here are the 6 steps to buy stock in Macro Bank:
- 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 are looking for a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get updates on your new investment in Macro Bank, click below.
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