BMA vs. SUPV
BMA (Banco Macro S.A.) and SUPV (Grupo Supervielle S.A.) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 10 years, BMA returned 8.26%/yr vs -0.70%/yr for SUPV. A 0.76 correlation means they provide meaningful diversification when combined.
Performance
BMA vs. SUPV - Performance Comparison
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Returns By Period
In the year-to-date period, BMA achieves a 11.48% return, which is significantly higher than SUPV's -12.69% return. Over the past 10 years, BMA has outperformed SUPV with an annualized return of 8.26%, while SUPV has yielded a comparatively lower -0.70% annualized return.
BMA
- 1D
- -4.33%
- 1M
- 28.85%
- YTD
- 11.48%
- 6M
- 10.64%
- 1Y
- 47.75%
- 3Y*
- 71.56%
- 5Y*
- 53.21%
- 10Y*
- 8.26%
SUPV
- 1D
- -9.31%
- 1M
- 30.14%
- YTD
- -12.69%
- 6M
- -13.35%
- 1Y
- -3.46%
- 3Y*
- 53.54%
- 5Y*
- 36.65%
- 10Y*
- -0.70%
BMA vs. SUPV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BMA Banco Macro S.A. | 11.48% | -3.55% | 277.79% | 91.62% | 27.04% | -9.96% | -57.05% | -14.00% | -60.72% | 81.54% |
SUPV Grupo Supervielle S.A. | -12.69% | -20.75% | 281.41% | 87.96% | 11.80% | -6.59% | -41.46% | -57.01% | -70.23% | 124.27% |
Correlation
The correlation between BMA and SUPV is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.88 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.87 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since May 19, 2016 | 0.76 |
The correlation between BMA and SUPV shifts across timeframes, from 0.76 (all time) to 0.88 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
BMA:
$6.22B
SUPV:
$815.40M
BMA:
ARS 5.81K
SUPV:
-ARS 72.13
BMA:
1.91
SUPV:
1.26
BMA:
1.55
SUPV:
1.09
BMA:
ARS 4.76T
SUPV:
ARS 1.02T
BMA:
ARS 2.84T
SUPV:
ARS 425.09B
BMA:
ARS 751.84B
SUPV:
-ARS 9.21B
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Return for Risk
BMA vs. SUPV — Risk / Return Rank
BMA
SUPV
BMA vs. SUPV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Banco Macro S.A. (BMA) and Grupo Supervielle S.A. (SUPV). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BMA | SUPV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.68 | ||
| Sortino ratioReturn per unit of downside risk | +0.83 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.08 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.01 | -0.06 | +1.07 |
| Martin ratioReturn relative to average drawdown | 2.25 | -0.12 | +2.38 |
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Drawdowns
BMA vs. SUPV - Drawdown Comparison
The maximum BMA drawdown since its inception was -91.66%, roughly equal to the maximum SUPV drawdown of -95.98%. Use the drawdown chart below to compare losses from any high point for BMA and SUPV.
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Drawdown Indicators
| BMA | SUPV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.66% | -95.98% | +4.32% |
Max Drawdown (1Y)Largest decline over 1 year | -47.38% | -59.91% | +12.53% |
Max Drawdown (3Y)Largest decline over 3 years | -65.40% | -75.20% | +9.80% |
Max Drawdown (5Y)Largest decline over 5 years | -65.40% | -75.20% | +9.80% |
Max Drawdown (10Y)Largest decline over 10 years | -91.66% | -95.98% | +4.32% |
Current DrawdownCurrent decline from peak | -10.20% | -65.53% | +55.33% |
Average DrawdownAverage peak-to-trough decline | -44.77% | -66.95% | +22.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.24% | 27.76% | -6.52% |
Volatility
BMA vs. SUPV - Volatility Comparison
The current volatility for Banco Macro S.A. (BMA) is 18.80%, while Grupo Supervielle S.A. (SUPV) has a volatility of 23.16%. This indicates that BMA experiences smaller price fluctuations and is considered to be less risky than SUPV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BMA | SUPV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.80% | 23.16% | -4.36% |
Volatility (6M)Calculated over the trailing 6-month period | 40.03% | 47.99% | -7.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 74.72% | 96.20% | -21.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.67% | 71.51% | -11.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.40% | 72.47% | -10.07% |
Dividends
BMA vs. SUPV - Dividend Comparison
BMA's dividend yield for the trailing twelve months is around 4.92%, while SUPV has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
BMA Banco Macro S.A. | 4.92% | 2.38% | 6.10% | 7.75% | 7.28% | 0.00% | 0.00% | 6.20% | 5.05% | 0.65% | 1.53% |
SUPV Grupo Supervielle S.A. | 0.00% | 1.71% | 1.12% | 0.00% | 0.71% | 1.36% | 1.79% | 2.03% | 1.32% | 0.30% | 0.00% |
Financials
BMA vs. SUPV - Financials Comparison
This section allows you to compare key financial metrics between Banco Macro S.A. and Grupo Supervielle S.A.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
BMA vs. SUPV - Profitability Comparison
BMA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Banco Macro S.A. reported a gross profit of 1.17T and revenue of 1.91T. Therefore, the gross margin over that period was 61.1%.
SUPV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Grupo Supervielle S.A. reported a gross profit of 169.00M and revenue of 387.59M. Therefore, the gross margin over that period was 43.6%.
BMA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Banco Macro S.A. reported an operating income of 212.69B and revenue of 1.91T, resulting in an operating margin of 11.2%.
SUPV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Grupo Supervielle S.A. reported an operating income of -15.76M and revenue of 387.59M, resulting in an operating margin of -4.1%.
BMA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Banco Macro S.A. reported a net income of 140.24B and revenue of 1.91T, resulting in a net margin of 7.4%.
SUPV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Grupo Supervielle S.A. reported a net income of -12.03M and revenue of 387.59M, resulting in a net margin of -3.1%.
Frequently Asked Questions
BMA and SUPV have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SUPV has higher volatility (23.16%) compared to BMA (18.80%). In terms of maximum drawdown, BMA dropped -91.66% vs SUPV's -95.98%.
BMA currently has the higher Sharpe Ratio (0.64 vs -0.04), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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