Banco Macro SA engages in the provision of financial and banking services. The company is headquartered in Buenos Aires, Buenos Aires and currently employs 8,785 full-time employees. The company went IPO on 2006-03-24. Through other companies in the group, the Company also renders services as trustee agent and director and manager of mutual funds, as well as stock exchange services. The firm began the process of acquiring entities, assets and liabilities as part of the privatization of provincial banks and other banking institutions. The firm and Worldline Argentina SA entered into a joint venture agreement with Siemens Itron Business Servicies SA, to be jointly controlled by both companies, for the purpose of facilitating the development of a tax management data processing center, modernizing the existing tax collection systems and processes used by the Province of Salta, and managing and recovering municipal taxes and fees.
Follow-Up Questions
What is the price performance of BMA stock?
The current price of BMA is $40.43, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Banco Macro SA?
Banco Macro SA belongs to Banking industry and the sector is Financials
What is Banco Macro SA market cap?
Banco Macro SA's current market cap is $2.5B
Is Banco Macro SA a buy, sell, or hold?
According to wall street analysts, 7 analysts have made analyst ratings for Banco Macro SA, including 5 strong buy, 5 buy, 2 hold, 0 sell, and 5 strong sell
