Company
Banco Macro SA
Headquarters: Buenos Aires, Argentina
Founded: 1976
Employees: 8,005
CEO: Mr. Gustavo Alejandro Manriquez
Market Cap
AR$4.506 Trillion
ARS as of July 1, 2024
US$4.93 Billion
Banco Macro SA Categories
Argentina Financials Banks—RegionalArgentina Financials Argentina Banks—Regional
Top Competitors by Market Capitalization
Industry: Banks—Regional
| Company | Market Cap (USD) |
|---|---|
| HDFC Bank | $169.00 B |
| China Merchants Bank | $115.76 B |
| ICICI Bank Limited | $101.49 B |
| Al Rajhi Banking and Investment Corp | $84.87 B |
| DBS Group Holdings Ltd | $79.57 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Berkshire Hathaway | $887.16 B |
| JPMorgan | $599.29 B |
| Visa | $550.38 B |
| Mastercard | $416.63 B |
| Bank of America | $316.02 B |
Detailed 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 (ATMs), 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; 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 collection services, payments to suppliers, payroll services, and foreign exchange transactions; information services comprising Datanet and Interpymes services to corporate customers; and Internet and mobile banking services. As of December 31, 2020, it operated through a network of 463 branches, 1,578 ATMs, 960 self-service terminals, and service points. The company was incorporated in 1966 and is headquartered in Buenos Aires, Argentina.
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Stocks & Indices
Banco Macro SA has the following listings and related stock indices.
Stock: BCBA: BMA wb_incandescent
Stock: NYSE: BMA wb_incandescent
Stock: FSX: B4W wb_incandescent
Product & Services
Retail BankingInvestmentsMortgagesConsumer FinanceCredit cards
Key People
Delfin Jorge Ezequiel Carballo (Chairman) Gustavo Alejandro Manriquez (CEO)
Financials
Revenue: US$1.1 billion (2012)
Net income: US$304.0 million (2012)
Total assets: US$9.8 billion (2012)