Banco Macro S.A Ret. on equity
What is the Ret. on equity of Banco Macro S.A?
The Ret. on equity of Banco Macro S.A. is 10.26%
What is the definition of Ret. on equity?
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Ret. on equity of companies in the Finance sector on NYSE compared to Banco Macro S.A
What does Banco Macro S.A do?
Banco Macro is the second largest domestically-owned private bank in Argentina, and the sixth-largest by deposits and lending.
Companies with ret. on equity similar to Banco Macro S.A
- Shanghai Fudan Microelectronics has Ret. on equity of 10.25%
- POSCO Inc has Ret. on equity of 10.25%
- Zenith has Ret. on equity of 10.25%
- Shanghai Kindly Medical Instruments Co has Ret. on equity of 10.25%
- Brickability Plc Ord Gbp0 has Ret. on equity of 10.26%
- F&G Annuities & Life Inc has Ret. on equity of 10.26%
- Banco Macro S.A has Ret. on equity of 10.26%
- Asian Granito India has Ret. on equity of 10.26%
- Wyndham Destinations Inc has Ret. on equity of 10.26%
- Medicamen Biotech has Ret. on equity of 10.26%
- SiteOne Landscape Supply Inc has Ret. on equity of 10.26%
- Adani Transmissions has Ret. on equity of 10.26%
- Direct Line Insurance plc has Ret. on equity of 10.27%