15 Stocks That Outperform the S&P 500 Every Year For the Last 3 Years

3. Banco Macro S.A. (NYSE:BMA)

3-Year Return as of the Close of March 12: 447%

Banco Macro S.A. (NYSE:BMA), an Argentina-based company, provides conventional banking products and services to both companies and individuals. This multiservice bank also offers services as trustee agent and director and manager of mutual funds, along with stock exchange services, through its subsidiaries. With a market capitalization of $5.95 billion, the company’s core offerings include retail and corporate banking products and services, transaction services, and corporate lending products.

This universal bank, ranked as the first highest compared to its peers, has shown quite a performance when we consider the bank’s past net interest margin figures. This not only underscores BMA’s expertise in maintaining a combination of higher margin and higher risk products but also its skill in stabilizing commercial and real estate lending.

In light of this, Banco Macro S.A. (NYSE:BMA) has recently witnessed a bullish trend in earnings forecast revisions. Analysts have remained optimistic, assigning the stock a “Buy” rating. While the average price target stands at $138.94, compared to the current price of $81, the target is set as high as $160.70. With over 282% return in five years, the stock has been increasingly bought by institutional investors like D.A. Davidson & CO., Truist Financial Corp, Nkcfo LLC, and Burns Matteson Capital Management LLC among others.

Management, too, maintains a confident stance on Banco Macro S.A. (NYSE:BMA)’s future. The expectation of 30% real growth in 2025 stems from the increase in deposits by the private sector and the expansion of the monetary base. With not much regulation change expected this year, the Central Bank is making efforts to maintain efficiency and solvency. Thus, this stock, with an ROE of 10.67%, demands close attention from investors.