Banco Macro Plunges 6.9% Amid Market Volatility

Banco Macro (BMA) is down 6.9% or $4.54 to $61.00.

Banco Macro (BMA), a prominent financial institution based in Argentina, experienced a significant drop in its stock price on July 2, 2025. The stock fell by 6.9%, or $4.54, to $61.00 [1].

Over the past 52 weeks, Banco Macro's stock price has increased by 12.05%. The company's beta, a measure of volatility compared to the market average, is 0.69, indicating that its price fluctuations have been lower than the broader market [1].

The company's financial performance in the last 12 months has been mixed. Banco Macro reported revenue of $2.66 billion and incurred a loss of -$59.86 million. The loss per share was -$0.09 [1]. Despite the losses, the company has a strong cash position, with $1.79 billion in cash and $487.49 million in debt, resulting in a net cash position of $1.30 billion or $2.04 per share [1].

Operating cash flow was -$259.22 million, while capital expenditures were -$121.51 million, leading to a free cash flow of -$300.85 million. The company's operating margin was -4.53%, and the pretax margin was -4.71%, indicating significant financial strain [1].

Short selling information shows that short interest was 396,069 shares, representing 1.84% of the shares outstanding. The short ratio, which measures the number of days it would take to cover all short positions, is 1.08 [1].

In conclusion, while Banco Macro has shown some resilience in its stock price over the past year, its recent decline suggests that investors are concerned about its financial performance and cash flow. The company will need to address these issues to regain investor confidence.

References:
[1] https://stockanalysis.com/stocks/bma/statistics/