Norbero Nacuzzi - Banco Macro Accountant

BMA Stock  USD 53.27  3.45  6.92%   

Executive

Norbero Nacuzzi is Accountant of Banco Macro SA since 2017.
Tenure 7 years
Address Avenida Eduardo Madero 1182, Buenos Aires, Argentina
Phone54 11 5222 6500
Webhttps://www.macro.com.ar

Banco Macro Management Efficiency

The company has Return on Asset of 0.0888 % which means that on every $100 spent on assets, it made $0.0888 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.3228 %, implying that it generated $0.3228 on every 100 dollars invested. Banco Macro's management efficiency ratios could be used to measure how well Banco Macro manages its routine affairs as well as how well it operates its assets and liabilities. At present, Banco Macro's Return On Tangible Assets are projected to increase slightly based on the last few years of reporting. The current year's Return On Capital Employed is expected to grow to 0.12, whereas Return On Equity is forecasted to decline to 0.25. At present, Banco Macro's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 6 T, whereas Non Currrent Assets Other are forecasted to decline to (2.8 B).
The company has 460.02 B in debt with debt to equity (D/E) ratio of 5.66, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Debt can assist Banco Macro until it has trouble settling it off, either with new capital or with free cash flow. So, Banco Macro's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Banco Macro SA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Banco to invest in growth at high rates of return. When we think about Banco Macro's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

EXECUTIVE Age

Douglas BaucheEnterprise Financial Services
54
Lee PerryFirst Mid Illinois
N/A
Clark NelsonAffinity Bancshares
59
Jeremy FrieburgFirst Mid Illinois
43
Doug BaucheEnterprise Financial Services
N/A
Elizabeth GalazkaAffinity Bancshares
59
David HidenFirst Mid Illinois
61
Robert KeilFinwise Bancorp
N/A
Anya SchuetzFirst Mid Illinois
49
Rhonda GatonsFirst Mid Illinois
52
Bridget BBAEnterprise Financial Services
44
Steve RichardsonEnterprise Financial Services
N/A
Troy DumlaoEnterprise Financial Services
52
Robert VickersAffinity Bancshares
43
Daniel GuidryHome Bancorp
71
Jacqueline LyleAffinity Bancshares
N/A
Megan McElweeFirst Mid Illinois
36
Aaron HoltFirst Mid Illinois
N/A
Jordan ReadFirst Mid Illinois
34
Banco Macro S.A. provides various banking products and services to retail and corporate customers in Argentina. The company was incorporated in 1966 and is headquartered in Buenos Aires, Argentina. Banco Macro is traded on New York Stock Exchange in the United States. Banco Macro SA (BMA) is traded on New York Stock Exchange in USA. It is located in Avenida Eduardo Madero 1182, Buenos Aires, Argentina and employs 9,192 people. Banco Macro is listed under Diversified Banks category by Fama And French industry classification.

Management Performance

Banco Macro SA Leadership Team

Elected by the shareholders, the Banco Macro's board of directors comprises two types of representatives: Banco Macro inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Banco. The board's role is to monitor Banco Macro's management team and ensure that shareholders' interests are well served. Banco Macro's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Banco Macro's outside directors are responsible for providing unbiased perspectives on the board's policies.
Maria Medrano, Head of Institutional Relations and Customer Service
Juan Mazzon, Head of Government and Management Control
Santiago Seeber, Director
Claudia Cueto, Systems Manager
Gerardo Alvarez, Admin. Manager and Member of Anti-Money Laundering Committee
Juan Varela, Independent Director
Juan Perdomenico, Manager of Integral Risk Management
Martin Gorosito, Independent Director
Enrique Fila, Trustee
Antonio Carnuccio, Systems Security Manager
Manuel Paz, Head of Mergers and Acquisitions
Ines Lanusse, IR Contact Officer
Ricardo Alban, Operations and Technology Manager
Silvana Gentile, Member of the Supervisory Board
Carlos Giovanelli, Director
Ernesto Medina, Operational Deputy General Manager, Member of Risk Management Committee and Member of Systems Committee
Fabian Paul, Independent Director
Marcos Brito, Director
Carmen Estevez, Director of Internal Audit
Norbero Nacuzzi, Accountant
Mariano Elizondo, Independent Director
Guillermo Merediz, Independent Director
Alejandro Macfarlane, Independent Director
Constanza Brito, Director of Human Resources and Organization and Processes, Director
Francisco Muro, Head of Distribution and Sales Manager
Leonardo Leonardis, Organization and Process Manager
Ernesto Lopez, Director of Legal Affairs
Juan Devoto, Chief Accounting Officer, Director, Member of Internal Audit Committee and Member of Anti-Money Laundering Committee
Luis Cerolini, Director
Nelson Pozzoli, Director
L Anthony, Commercial manager
Carlos Videla, Independent Director
Carolina Leonhart, Secretary of Board of Directors
Maria Vanmorlegan, Head of Legal Department
Ariel Sigal, Director
Jorge Scarinci, Fin. and Investor Relations Manager and Chairman of Assets and Liabilities Committee
Emmanuel Agis, Independent Director
Carlos Piazza, Member of the Supervisory Board
Martin Kaplan, Commercial Banking Manager
Nicolas Torres, IR Contact Officer
Marilis Carballo, Head of Organizational Process
Miguel Gurfinkiel, Government Banking Manager
Daniel Violatti, Director of Tax and Accounting
Alejandro Becka, Business Risk manager
Agustin Devoto, Investment Banking Manager
Ramiro Tosi, Independent Director
Alberto Figueroa, Director of Management Control and Control Institutions Relations
Alejandro Almarza, Member of the Supervisory Board
Marcelo Devoto, Investment Manager
Mario Vicens, Independent Director
Juan Piccinini, Manager of Corporate Banking
Constance Brito, Director
Guillermo Goldberg, Commercial Deputy General Manager
Brian Anthony, Management Control and Stretegic Planning Manager
Roberto Eilbaum, Director
Jorge Brito, CFO, Director, Member of Executive Committee, Member of Assets and Liabilities Committee, Member of Sr. Legal Recovery Committee and Member of Risk Management Committee
Juan Benoit, Business Banking Manager
Ana Marcet, Director of Credit Risk
Luis Blaquier, Director
Damian Pozzoli, Director
Gustavo Pessagno, Compliance Mang
Vivian Stenghele, Trustee
Alejandro Fargosi, Independent Director
Adrian Scosceria, Head of Corporate Banking Manager
Gustavo Manriquez, Chief Executive Officer, General Manager
Rodolfo Lehmann, Security Manager
Eduardo Covello, Head of Banking Operations
Nicolas Giacinti, Compliance Manager
Horacio Sistac, Director of Corporate Banking
Sebastian Palla, Investment Banking Manager
Guillermo Stanley, Independent Director
Delfin Carballo, Vice Chairman of the Board
Jose Sanchez, Independent Director

Banco Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Banco Macro a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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

  0.96DB Deutsche Bank AG Earnings Call This WeekPairCorr
  0.82NU Nu Holdings Financial Report 20th of May 2024 PairCorr

Moving against Banco Stock

  0.85EBTC Enterprise Bancorp Earnings Call TodayPairCorr
  0.68VABK Virginia NationalPairCorr
  0.65VBNK VersaBank Financial Report 5th of June 2024 PairCorr
  0.64EBMT Eagle Bancorp Montana Earnings Call TodayPairCorr
  0.6EFSC Enterprise Financial Earnings Call TodayPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether Banco Macro SA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Banco Macro's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Banco Macro Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Banco Macro Sa Stock:
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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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.
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Fundamental Analysis
View fundamental data based on most recent published financial statements
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.