Equity Profile

BMA

Banco Macro S.A.

FinancialsDiversified Banks$5.8B

May27Wed

Pre-Earnings Brief

UpcomingQ1-2026After Close5:00 PM EDT

Company Snapshot

Banco Macro S.A. is a leading financial institution in Argentina, operating in the diversified banking sector....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and financial health, which investors closely monitor.

$2170.18

Revenue

Revenue reflects the company's ability to generate sales and is essential for assessing growth potential.

$1193.6B

Wall Street expectations, options signals, track record, and call prep available with Pro.

BMA Q1-2026 Earnings Preview

Context

Company Snapshot

Banco Macro S.A. is a leading financial institution in Argentina, operating in the diversified banking sector. With a market cap of $6 billion, it plays a crucial role in providing banking services to individuals and businesses, making it an important player in the country's financial landscape.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

75%

Avg EPS Surprise

+65.50%

Avg Stock Reaction

+1.00%

Last Quarter Recap

In Q4-2023, Banco Macro reported an impressive EPS of $8.89, significantly beating expectations. However, revenue details were not disclosed, leaving some uncertainty about overall performance.

Management Promises & Guidance

Expectations

Wall Street Expectations

Analysts expect Banco Macro to deliver strong earnings this quarter, with a consensus EPS of $2170.18. The market is keenly watching for any signs of sustained growth amid economic challenges.

Bull Case

If Banco Macro exceeds EPS expectations and shows strong revenue growth, it could signal robust demand for its banking services, boosting investor confidence.

Bear Case

Conversely, if the bank misses EPS estimates or shows weak revenue growth, it might raise concerns about its ability to navigate economic headwinds, leading to a negative market reaction.

Key Metrics to Watch

Earnings Per Share (EPS)

$2170.18

EPS is a key indicator of the company's profitability and financial health, which investors closely monitor.

Revenue

$1193.6B

Revenue reflects the company's ability to generate sales and is essential for assessing growth potential.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will the EPS exceed the consensus estimate of $2170.18?

A beat on EPS could reinforce confidence in the bank's profitability and growth strategy, impacting stock performance.

What revenue figures will Banco Macro report this quarter?

Revenue is critical for assessing the bank's operational performance and ability to sustain growth in a challenging economic environment.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating the potential for Banco Macro to outperform given its recent strong EPS surprise history.

Supporting Evidence

Banco Macro has a 75% EPS beat rate over the last eight quarters, indicating a pattern of exceeding expectations.

The options market is pricing in a significant move, suggesting that traders anticipate volatility that may not be reflected in consensus estimates.

Key Risk

If Banco Macro reports an EPS significantly above $2170.18, it could challenge the current consensus and lead to a reassessment of its growth potential.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance hinges on the bank's ability to meet or exceed earnings expectations amid economic uncertainties.

Bull Confirmed If

EPS exceeding $2170.18 with strong revenue growth would confirm a bullish outlook.

Bear Confirmed If

An EPS miss below $2003.90 could indicate underlying issues and confirm a bearish outlook.

Pre-Earnings Positioning

Options Market

Implied Move

±17.59%

Historical Avg

±2.7%

Pricing rich

The options market is pricing in a significant potential move, indicating that traders expect volatility around the earnings announcement.

Options are pricing ±17.6% while BMA has averaged ±2.7% over the last 8 prints — setup is pricing rich.

Detail

30d HV

49.4%

Calls (600)P/C Ratio: 3.67Puts (500)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Financials

n=30

Fade rate: 12 of 25 (48%)

This setup has occurred 30 times across Financials in the last 2 years. 12 of 25 faded and 13 held — no strong directional bias after the initial reaction. The average absolute 1-day move is 2.4%, with a raw directional average of -0.0% (roughly flat historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Banco Macro beats expectations, history suggests a potential stock increase of around +2.26%, confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations, the stock may react cautiously, reflecting uncertainty in management's commentary.

Miss

A miss on EPS could lead to a decline of approximately -2.75%, indicating investor concerns about the bank's performance.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on loan growth and credit quality metrics.
2Management's outlook on economic conditions in Argentina and their impact on banking operations.
3Details on cost management initiatives and their effect on profitability.
4Insights into customer demand for banking products and services.
5Any commentary on competitive pressures in the banking sector.

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Company Snapshot

Banco Macro S.A. is a leading financial institution in Argentina, operating in the diversified banking sector....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and financial health, which investors closely monitor.

$2170.18

Revenue

Revenue reflects the company's ability to generate sales and is essential for assessing growth potential.

$1193.6B

Wall Street expectations, options signals, track record, and call prep available with Pro.

BMA Q1-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

75%

Avg EPS Surprise

+65.50%

Avg Stock Reaction

+1.00%

Last Quarter Recap

In Q4-2023, Banco Macro reported an impressive EPS of $8.89, significantly beating expectations. However, revenue details were not disclosed, leaving some uncertainty about overall performance.

Management Promises & Guidance

Expectations

Wall Street Expectations

Analysts expect Banco Macro to deliver strong earnings this quarter, with a consensus EPS of $2170.18. The market is keenly watching for any signs of sustained growth amid economic challenges.

Bull Case

If Banco Macro exceeds EPS expectations and shows strong revenue growth, it could signal robust demand for its banking services, boosting investor confidence.

Bear Case

Conversely, if the bank misses EPS estimates or shows weak revenue growth, it might raise concerns about its ability to navigate economic headwinds, leading to a negative market reaction.

Key Metrics to Watch

Earnings Per Share (EPS)

$2170.18

EPS is a key indicator of the company's profitability and financial health, which investors closely monitor.

Revenue

$1193.6B

Revenue reflects the company's ability to generate sales and is essential for assessing growth potential.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will the EPS exceed the consensus estimate of $2170.18?

A beat on EPS could reinforce confidence in the bank's profitability and growth strategy, impacting stock performance.

What revenue figures will Banco Macro report this quarter?

Revenue is critical for assessing the bank's operational performance and ability to sustain growth in a challenging economic environment.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating the potential for Banco Macro to outperform given its recent strong EPS surprise history.

Supporting Evidence

Banco Macro has a 75% EPS beat rate over the last eight quarters, indicating a pattern of exceeding expectations.

The options market is pricing in a significant move, suggesting that traders anticipate volatility that may not be reflected in consensus estimates.

Key Risk

If Banco Macro reports an EPS significantly above $2170.18, it could challenge the current consensus and lead to a reassessment of its growth potential.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance hinges on the bank's ability to meet or exceed earnings expectations amid economic uncertainties.

Bull Confirmed If

EPS exceeding $2170.18 with strong revenue growth would confirm a bullish outlook.

Bear Confirmed If

An EPS miss below $2003.90 could indicate underlying issues and confirm a bearish outlook.

Pre-Earnings Positioning

Options Market

Implied Move

±17.59%

Historical Avg

±2.7%

Pricing rich

The options market is pricing in a significant potential move, indicating that traders expect volatility around the earnings announcement.

Options are pricing ±17.6% while BMA has averaged ±2.7% over the last 8 prints — setup is pricing rich.

Detail

30d HV

49.4%

Calls (600)P/C Ratio: 3.67Puts (500)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Financials

n=30

Fade rate: 12 of 25 (48%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Banco Macro beats expectations, history suggests a potential stock increase of around +2.26%, confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations, the stock may react cautiously, reflecting uncertainty in management's commentary.

Miss

A miss on EPS could lead to a decline of approximately -2.75%, indicating investor concerns about the bank's performance.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on loan growth and credit quality metrics.
2Management's outlook on economic conditions in Argentina and their impact on banking operations.
3Details on cost management initiatives and their effect on profitability.
4Insights into customer demand for banking products and services.
5Any commentary on competitive pressures in the banking sector.