BofA analyst Ernesto Gabilondo remains bullish on Banco Macro (BMA), with a target price of $117. The bank’s net income in 9M25 dropped 35% compared to the same period in 2024, while operating income also decreased. Banco Marco’s deposits rose 5% and 11% on a quarter-over-quarter and year-over-year basis, respectively.

Banco Macro S.A. (NYSE:BMA) is an Argentine bank offering various financial services like bank accounts, loans, mortgages, and insurance. Despite its potential as an investment, AI stocks may offer greater upside potential with lower downside risk. Consider exploring undervalued AI stock opportunities for potential growth.

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Read more at Yahoo Finance: BofA Analyst Bullish on Banco Macro (BMA)