Banco Historical Income Statement
| BMA Stock | USD 55.55 0.88 1.61% |
Historical analysis of Banco Macro income statement accounts such as Total Revenue of 3 T, Gross Profit of 3 T or Other Operating Expenses of 2.1 T can show how well Banco Macro SA performed in making a profits. Evaluating Banco Macro income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Banco Macro's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Banco Macro SA latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Banco Macro SA is a good buy for the upcoming year.
Banco |
About Banco Income Statement Analysis
Banco Macro SA Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Banco Macro shareholders. The income statement also shows Banco investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Banco Macro Income Statement Chart
Banco Macro SA Income Statement is one of the three primary financial statements used for reporting Banco's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Banco Macro SA revenue and expense. Banco Macro Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Banco Macro's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 3 T, whereas Interest Expense is forecasted to decline to about 39.6 B. Add Fundamental
Total Revenue
Total revenue comprises all receipts Banco Macro SA generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Banco Macro SA minus its cost of goods sold. It is profit before Banco Macro operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Banco Macro SA. It is also known as Banco Macro overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Banco Macro SA operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Banco Macro SA is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Banco Macro income statement and is an important metric when analyzing Banco Macro SA profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most accounts from Banco Macro's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Banco Macro SA current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Banco Macro SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. At present, Banco Macro's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 3 T, whereas Interest Expense is forecasted to decline to about 39.6 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 372.5B | 1.5T | 2.8T | 3.0T | Interest Expense | 183.9B | 307.1B | 71.9B | 39.6B |
Banco Macro income statement Correlations
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Banco Macro Account Relationship Matchups
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Banco Macro income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 51.6B | 178.9B | 183.9B | 307.1B | 71.9B | 39.6B | |
| Total Revenue | 103.6B | 398.7B | 372.5B | 1.5T | 2.8T | 3.0T | |
| Gross Profit | 103.6B | 398.7B | 372.5B | 1.5T | 2.8T | 3.0T | |
| Other Operating Expenses | 60.1B | 283.4B | 325.6B | 1.4T | 2.0T | 2.1T | |
| Operating Income | 41.7B | 114.8B | 46.9B | 195.8B | 716.9B | 752.8B | |
| Ebit | 43.5B | 115.3B | 46.9B | 194.6B | 869.7B | 913.2B | |
| Ebitda | 1.7B | 466.5M | (5.5M) | (1.2B) | 152.8B | 160.5B | |
| Total Operating Expenses | 60.1B | 283.4B | 325.6B | 1.4T | 2.0T | 2.1T | |
| Income Before Tax | 43.5B | 115.3B | 46.9B | 194.6B | 870.1B | 913.6B | |
| Total Other Income Expense Net | 1.7B | 467.6M | (4.0M) | (1.2B) | 153.2B | 160.8B | |
| Net Income | 26.5B | 76.9B | 44.6B | 134.0B | 587.3B | 616.7B | |
| Income Tax Expense | 17.0B | 38.4B | 2.3B | 60.6B | 282.4B | 296.5B | |
| Selling General Administrative | 12.1B | 29.1B | 25.0B | 74.6B | 106.1B | 111.4B | |
| Selling And Marketing Expenses | 643.9M | 1.3B | 1.7B | 7.4B | 9.3B | 9.8B | |
| Cost Of Revenue | 968.3M | 6.1M | 27.4M | 205.6B | 236.5B | 248.3B | |
| Net Income Applicable To Common Shares | 40.8B | 30.3B | 27.1B | 43.0B | 49.5B | 52.0B | |
| Minority Interest | 1.3M | 2M | (1M) | (7.1M) | (8.1M) | (7.7M) | |
| Depreciation And Amortization | (41.7B) | (114.8B) | (46.9B) | (195.8B) | (716.9B) | (681.1B) | |
| Net Income From Continuing Ops | 20.7B | 30.3B | 27.1B | 40.8B | 46.9B | 49.2B | |
| Tax Provision | 8.0B | 12.2B | 1.7B | 19.5B | 22.4B | 23.5B | |
| Net Interest Income | 72.5B | 96.2B | 130.8B | 305.3B | 351.1B | 368.7B | |
| Interest Income | 303.1B | 157.1B | 225.4B | 612.5B | 704.3B | 739.6B | |
| Reconciled Depreciation | 3.0B | 4.4B | 7.1B | 15.2B | 17.5B | 18.4B |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Banco Macro in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Banco Macro's short interest history, or implied volatility extrapolated from Banco Macro options trading.
Pair Trading with Banco Macro
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Banco Macro position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Banco Macro will appreciate offsetting losses from the drop in the long position's value.Moving together with Banco Stock
| 0.73 | NU | Nu Holdings Aggressive Push | PairCorr |
Moving against Banco Stock
| 0.84 | EBTC | Enterprise Bancorp Earnings Call This Week | PairCorr |
| 0.69 | VBNK | VersaBank Financial Report 5th of June 2024 | PairCorr |
| 0.69 | EGBN | Eagle Bancorp Financial Report 24th of July 2024 | PairCorr |
| 0.65 | VABK | Virginia National Normal Trading | PairCorr |
| 0.57 | EBMT | Eagle Bancorp Montana Financial Report 23rd of July 2024 | PairCorr |
The ability to find closely correlated positions to Banco Macro could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Banco Macro when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Banco Macro - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Banco Macro SA to buy it.
The correlation of Banco Macro is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Banco Macro moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Banco Macro SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Banco Macro can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Banco Macro SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Banco Stock analysis
When running Banco Macro's price analysis, check to measure Banco Macro's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Banco Macro is operating at the current time. Most of Banco Macro's value examination focuses on studying past and present price action to predict the probability of Banco Macro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Banco Macro's price. Additionally, you may evaluate how the addition of Banco Macro to your portfolios can decrease your overall portfolio volatility.
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Is Banco Macro's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Banco Macro. If investors know Banco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Banco Macro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 5.275 | Earnings Share 0.54 | Revenue Per Share 44.5 K | Quarterly Revenue Growth 1.304 | Return On Assets 0.0888 |
The market value of Banco Macro SA is measured differently than its book value, which is the value of Banco that is recorded on the company's balance sheet. Investors also form their own opinion of Banco Macro's value that differs from its market value or its book value, called intrinsic value, which is Banco Macro's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Banco Macro's market value can be influenced by many factors that don't directly affect Banco Macro's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Banco Macro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Banco Macro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Banco Macro's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.