BMA vs. CRESY

Last updated Apr 2, 2026

Compare and contrast key facts about Banco Macro S.A. (BMA) and Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria (CRESY).

Performance

BMA vs. CRESY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Banco Macro S.A. (BMA) and Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria (CRESY). The values are adjusted to include any dividend payments, if applicable.

BMA vs. CRESY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BMA Banco Macro S.A.	-12.37%	-3.55%	277.79%	91.62%	27.04%	-9.96%	-57.05%	-14.00%	-60.72%	81.54%
CRESY Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria	-0.48%	8.03%	46.53%	73.99%	45.48%	-1.46%	-31.96%	-40.52%	-42.64%	42.79%

Fundamentals

Market Cap BMA : $4.98T CRESY : $849.31M
EPS BMA : $10.77 CRESY : $3.62K
PE Ratio BMA : 7.23 CRESY : 0.00
PEG Ratio BMA : 0.02 CRESY : 0.00
PS Ratio BMA : 0.35 CRESY : 0.00
PB Ratio BMA : 1.38 CRESY : 0.00
Total Revenue (TTM) BMA : $4.81T CRESY : $1.06T
Gross Profit (TTM) BMA : $3.27T CRESY : $446.01B
EBITDA (TTM) BMA : $407.74B CRESY : $404.46B

Returns By Period

In the year-to-date period, BMA achieves a -12.37% return, which is significantly lower than CRESY's -0.48% return. Over the past 10 years, BMA has underperformed CRESY with an annualized return of 6.32%, while CRESY has yielded a comparatively higher 7.03% annualized return.

BMA

• 1D: 0.70%
• 1M: 2.09%
• YTD: -12.37%
• 6M: 98.41%
• 1Y: 6.63%
• 3Y*: 78.01%
• 5Y*: 52.57%
• 10Y*: 6.32%

CRESY

• 1D: -1.18%
• 1M: 11.14%
• YTD: -0.48%
• 6M: 48.25%
• 1Y: 19.33%
• 3Y*: 42.26%
• 5Y*: 28.08%
• 10Y*: 7.03%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

BMA vs. CRESY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BMA

BMA Risk / Return Rank: 45
BMA Sharpe Ratio Rank: 43
BMA Sortino Ratio Rank: 49
BMA Omega Ratio Rank: 47
BMA Calmar Ratio Rank: 44
BMA Martin Ratio Rank: 44

CRESY

CRESY Risk / Return Rank: 55
CRESY Sharpe Ratio Rank: 54
CRESY Sortino Ratio Rank: 55
CRESY Omega Ratio Rank: 50
CRESY Calmar Ratio Rank: 57
CRESY Martin Ratio Rank: 57

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BMA vs. CRESY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Banco Macro S.A. (BMA) and Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria (CRESY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BMA	CRESY	Difference
Sharpe ratio Return per unit of total volatility	0.09	0.38	-0.29
Sortino ratio Return per unit of downside risk	0.78	1.02	-0.24
Omega ratio Gain probability vs. loss probability	1.09	1.11	-0.02
Calmar ratio Return relative to maximum drawdown	0.14	0.73	-0.59
Martin ratio Return relative to average drawdown	0.31	1.65	-1.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BMA vs. CRESY - Sharpe Ratio Comparison

The current BMA Sharpe Ratio is 0.09, which is lower than the CRESY Sharpe Ratio of 0.38. The chart below compares the historical Sharpe Ratios of BMA and CRESY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BMA	CRESY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.09	0.38	-0.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.89	0.55	+0.34
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.10	0.13	-0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.18	0.04	+0.14

Correlation

The correlation between BMA and CRESY is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

BMA vs. CRESY - Dividend Comparison

BMA's dividend yield for the trailing twelve months is around 4.21%, less than CRESY's 5.01% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
BMA Banco Macro S.A.	4.21%	2.38%	6.10%	7.75%	7.28%	0.00%	0.00%	6.20%	5.05%	0.65%	1.53%
CRESY Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria	5.01%	4.98%	7.86%	7.32%	2.30%	0.00%	0.00%	0.00%	0.00%	1.95%	6.39%

Drawdowns

BMA vs. CRESY - Drawdown Comparison

The maximum BMA drawdown since its inception was -91.66%, roughly equal to the maximum CRESY drawdown of -88.67%. Use the drawdown chart below to compare losses from any high point for BMA and CRESY.

Drawdown Indicators

	BMA	CRESY	Difference
Max Drawdown Largest peak-to-trough decline	-91.66%	-88.67%	-2.99%
Max Drawdown (1Y) Largest decline over 1 year	-58.48%	-31.35%	-27.13%
Max Drawdown (5Y) Largest decline over 5 years	-65.40%	-55.88%	-9.52%
Max Drawdown (10Y) Largest decline over 10 years	-91.66%	-88.67%	-2.99%
Current Drawdown Current decline from peak	-29.41%	-10.91%	-18.50%
Average Drawdown Average peak-to-trough decline	-44.99%	-46.01%	+1.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	26.49%	13.85%	+12.64%

Volatility

BMA vs. CRESY - Volatility Comparison

Banco Macro S.A. (BMA) has a higher volatility of 16.45% compared to Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria (CRESY) at 10.77%. This indicates that BMA's price experiences larger fluctuations and is considered to be riskier than CRESY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BMA	CRESY	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.45%	10.77%	+5.68%
Volatility (6M) Calculated over the trailing 6-month period	51.16%	37.62%	+13.54%
Volatility (1Y) Calculated over the trailing 1-year period	76.25%	51.36%	+24.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.30%	51.02%	+8.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	62.18%	53.11%	+9.07%

Financials

BMA vs. CRESY - Profitability Comparison

The chart below illustrates the profitability comparison between Banco Macro S.A. and Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

BMA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Banco Macro S.A. reported a gross profit of 802.92B and revenue of 802.92B. Therefore, the gross margin over that period was 100.0%.

CRESY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria reported a gross profit of 123.00B and revenue of 310.48B. Therefore, the gross margin over that period was 39.6%.

BMA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Banco Macro S.A. reported an operating income of 488.39B and revenue of 802.92B, resulting in an operating margin of 60.8%.

CRESY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria reported an operating income of 66.23B and revenue of 310.48B, resulting in an operating margin of 21.3%.

BMA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Banco Macro S.A. reported a net income of 69.19B and revenue of 802.92B, resulting in a net margin of 8.6%.

CRESY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria reported a net income of 35.05B and revenue of 310.48B, resulting in a net margin of 11.3%.