SUPV vs. BMA
SUPV (Grupo Supervielle S.A.) and BMA (Banco Macro S.A.) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 10 years, SUPV returned -0.70%/yr vs 8.26%/yr for BMA. A 0.76 correlation means they provide meaningful diversification when combined.
Performance
SUPV vs. BMA - Performance Comparison
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Returns By Period
In the year-to-date period, SUPV achieves a -12.69% return, which is significantly lower than BMA's 11.48% return. Over the past 10 years, SUPV has underperformed BMA with an annualized return of -0.70%, while BMA has yielded a comparatively higher 8.26% annualized return.
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
- 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 vs. BMA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
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% |
Correlation
The correlation between SUPV and BMA 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 SUPV and BMA shifts across timeframes, from 0.76 (all time) to 0.88 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
SUPV:
$815.40M
BMA:
$6.22B
SUPV:
-ARS 72.13
BMA:
ARS 5.81K
SUPV:
1.26
BMA:
1.91
SUPV:
1.09
BMA:
1.55
SUPV:
ARS 1.02T
BMA:
ARS 4.76T
SUPV:
ARS 425.09B
BMA:
ARS 2.84T
SUPV:
-ARS 9.21B
BMA:
ARS 751.84B
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Return for Risk
SUPV vs. BMA — Risk / Return Rank
SUPV
BMA
SUPV vs. BMA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Grupo Supervielle S.A. (SUPV) and Banco Macro S.A. (BMA). 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.
| SUPV | BMA | 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 | 1.08 | 1.19 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.06 | 1.01 | -1.07 |
| Martin ratioReturn relative to average drawdown | -0.12 | 2.25 | -2.38 |
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Drawdowns
SUPV vs. BMA - Drawdown Comparison
The maximum SUPV drawdown since its inception was -95.98%, roughly equal to the maximum BMA drawdown of -91.66%. Use the drawdown chart below to compare losses from any high point for SUPV and BMA.
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Drawdown Indicators
| SUPV | BMA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.98% | -91.66% | -4.32% |
Max Drawdown (1Y)Largest decline over 1 year | -59.91% | -47.38% | -12.53% |
Max Drawdown (3Y)Largest decline over 3 years | -75.20% | -65.40% | -9.80% |
Max Drawdown (5Y)Largest decline over 5 years | -75.20% | -65.40% | -9.80% |
Max Drawdown (10Y)Largest decline over 10 years | -95.98% | -91.66% | -4.32% |
Current DrawdownCurrent decline from peak | -65.53% | -10.20% | -55.33% |
Average DrawdownAverage peak-to-trough decline | -66.95% | -44.77% | -22.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.76% | 21.24% | +6.52% |
Volatility
SUPV vs. BMA - Volatility Comparison
Grupo Supervielle S.A. (SUPV) has a higher volatility of 23.16% compared to Banco Macro S.A. (BMA) at 18.80%. This indicates that SUPV's price experiences larger fluctuations and is considered to be riskier than BMA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SUPV | BMA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.16% | 18.80% | +4.36% |
Volatility (6M)Calculated over the trailing 6-month period | 47.99% | 40.03% | +7.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 96.20% | 74.72% | +21.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 71.51% | 59.67% | +11.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 72.47% | 62.40% | +10.07% |
Dividends
SUPV vs. BMA - Dividend Comparison
SUPV has not paid dividends to shareholders, while BMA's dividend yield for the trailing twelve months is around 4.92%.
| 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
SUPV vs. BMA - Financials Comparison
This section allows you to compare key financial metrics between Grupo Supervielle S.A. and Banco Macro 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
SUPV vs. BMA - Profitability Comparison
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 - 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 - 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 - 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 - 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%.
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%.
Frequently Asked Questions
SUPV and BMA 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, SUPV dropped -95.98% vs BMA's -91.66%.
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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