We came across a bullish thesis on Banco Macro S.A. on Jeremie Boyer’s Substack. In this article, we will summarize the bulls’ thesis on BMA. Banco Macro S.A.’s share was trading at $71.99 as of July 30th. BMA’s trailing P/E was 3.82 according to Yahoo Finance.
A trader on the floor of a bank’s trading room, surrounded by sophisticated electronic equipment.
Banco Macro (BMA) appears poised for a valuation re-rating as profitability normalizes, supported by accelerating loan growth,...
