Banco Latinoamericano de Comercio Exterior, S. A. (BLX)

NYSE: BLX · IEX Real-Time Price · USD
30.78
+0.80 (2.67%)
Jul 2, 2024, 4:00 PM EDT - Market closed
2.67%
Market Cap 1.05B
Revenue (ttm) 266.12M
Net Income (ttm) 166.16M
Shares Out 34.24M
EPS (ttm) 4.55
PE Ratio 6.08
Forward PE n/a
Dividend $2.00 (6.50%)
Ex-Dividend Date Apr 26, 2024
Volume 161,103
Open 30.00
Previous Close 29.98
Day's Range 29.97 - 30.83
52-Week Range 20.02 - 31.62
Beta 1.17
Analysts Strong Buy
Price Target 34.50 (+12.09%)
Earnings Date Jul 18, 2024

About BLX

Banco Latinoamericano de Comercio Exterior, S. A., a multinational bank, primarily engages in the financing of foreign trade in Latin America and the Caribbean. The company operates in two segments, Commercial and Treasury. It offers bilateral loans; structured loans including syndicated and clubbed, such as acquisition and pre-export financing, A/B loan financing, bridge loans, and liability management; and project financing. The company also provides letter of credit comprising import and export letters of credit, and credit discounting and f... [Read more]

Sector Financials
Founded 1977
Employees 175
Stock Exchange NYSE
Ticker Symbol BLX
Full Company Profile

Financial Performance

In 2023, BLX's revenue was $266.12 million, an increase of 59.67% compared to the previous year's $166.67 million. Earnings were $166.16 million, an increase of 80.53%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for BLX stock is "Strong Buy." The 12-month stock price forecast is $34.5, which is an increase of 12.09% from the latest price.

Price Target
$34.5
(12.09% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Bladex Acts as Joint Lead Arranger and Bookrunner for Interceramic US$665mm Syndicated Loan Facility

PANAMA CITY , June 27, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior ("Bladex", or "the Bank", NYSE: BLX) announced today the successful structuring of a syndicated loan for US$665 m...

5 days ago - PRNewsWire

Bladex leads successful syndication of a US$100 million 3-Year Senior Unsecured Facility for Banco Promerica, S.A.

PANAMA CITY , June 13, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or "the Bank"; NYSE: BLX) announced the recent closing of a US$100 million three-year syndicated ...

19 days ago - PRNewsWire

Bladex leads second successful syndication of a US$100,000,000 Senior Unsecured Term Loan Facility for Forum

PANAMA CITY , June 12, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank"; NYSE: BLX) announced today the successful closing of a US$100 million senior unsec...

20 days ago - PRNewsWire

Bladex acts as Joint Lead Arranger for Grupo Sura US$500 million Club Deal facility

PANAMA CITY, Republic of Panama , May 23, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior (Bladex) announced today the successful closing of a US$500 million Club Deal Long Term Facili...

5 weeks ago - PRNewsWire

Bladex Announces its New Global Syndicated Loan for US$400 Million

PANAMA CITY, Republic of Panama , May 21, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or "the Bank", NYSE: BLX) announced today the closing of a new global syndicat...

6 weeks ago - PRNewsWire

BLADEX FILES ANNUAL REPORT ON FORM 20-F

PANAMA CITY , April 25, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or "the Bank") announced today that the Bank filed its annual report on Form 20-F for the fiscal...

2 months ago - PRNewsWire

BLADEX ANNOUNCES QUARTERLY DIVIDEND PAYMENT FOR FIRST QUARTER 2024

PANAMA CITY , April 18, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank"), announced today its Board of Directors' approval of a quarterly cash dividend of...

2 months ago - PRNewsWire

Bladex announces 1Q24 Net Profit of $51.3 Million, or $1.40 per share, expanding its annualized return on equity to 16.8% in 1Q24

PANAMA CITY , April 18, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX, "Bladex", or "the Bank"), a Panama-based multinational bank originally established by the cent...

2 months ago - PRNewsWire

BLADEX'S FIRST QUARTER 2024 CONFERENCE CALL

PANAMA CITY , April 8, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE:  BLX) cordially invites you to participate in its upcoming conference call to discuss its 1Q24 resul...

3 months ago - PRNewsWire

Bladex achieves record results

PANAMA CITY , March 4, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE:  BLX , "Bladex", or "the Bank"), announced the results achieved during the fourth quarter of 2023.

4 months ago - PRNewsWire

BLADEX INCREASES COMMON STOCK QUARTERLY DIVIDEND

PANAMA CITY , Feb. 22, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank"), announced today its Board of Directors' approval of a quarterly cash dividend of ...

4 months ago - PRNewsWire

Bladex announces 4Q23 Net Profit of $46.4 Million, or $1.27 per share, reaching an annual Net Profit of $166.2 Million, or $4.55 per share

PANAMA CITY , Feb. 22, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX, "Bladex", or "the Bank"), a Panama-based multinational bank originally established by the centr...

4 months ago - PRNewsWire

Bladex Announces $50,000,000 Common Stock Repurchase Plan

PANAMA CITY , Feb. 22, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank"), today announced that its Board of Directors (the "Board") has authorized a repurc...

4 months ago - PRNewsWire

BLADEX'S FOURTH QUARTER 2023 CONFERENCE CALL

PANAMA CITY , Feb. 1, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE:  BLX) cordially invites you to participate in its upcoming conference call to discuss its 4Q23 result...

5 months ago - PRNewsWire

Bladex acts as joint lead arranger and bookrunner for AES Dominicana Renewable Energy US$368M non-recourse term loan and US$27M Reserve Letter of Credit facilities

PANAMA CITY , Nov. 27, 2023 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior - Bladex (NYSE:BLX), announced today the successful closing of a US$368 million A/B Loan Facility, under IDB Inve...

7 months ago - PRNewsWire

Bladex and Greenbridge Capital - Toesca and TC Latam JV- announce launching of Latin American factoring platform

PANAMA CITY , Nov. 24, 2023 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior - Bladex (NYSE:BLX), TC Latin America Partners (TC Latam) and Toesca Asset Management (Toesca) announce the launc...

7 months ago - PRNewsWire

BLADEX ANNOUNCES QUARTERLY DIVIDEND PAYMENT FOR THIRD QUARTER 2023

PANAMA CITY , Oct. 19, 2023 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank"), announced today its Board of Directors' approval of a quarterly cash dividend of ...

9 months ago - PRNewsWire

3Q23 Quarterly Financial Report

Bladex announces Net Profit increased 23% QoQ and 70% YoY to $45.8 Million, or $1.25 per share for the 3Q23; annualized return on equity of 15.9% in 3Q23 PANAMA CITY, Oct. 19, 2023 /PRNewswire/ -- Ban...

9 months ago - PRNewsWire

Bladex's Third Quarter 2023 Conference Call

PANAMA CITY , Oct. 11, 2023 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE:  BLX) cordially invites you to participate in its upcoming conference call to discuss its 3Q23 resul...

9 months ago - PRNewsWire

Bladex acts as joint lead arranger for Ecopetrol US$1bn term loan facility

PANAMA CITY , Sept. 14, 2023 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior (Bladex) announced today the successful closing of a US$1 billion Term Loan Facility for Ecopetrol S.A.

10 months ago - PRNewsWire

Bladex and BTG Pactual successfully lead the first syndicated loan for GeoPark Colombia S.A.S. for US$80,000,000 2-year Senior Unsecured Committed Facility

PANAMA CITY , Aug. 17, 2023 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A., ("Bladex") and Banco BTG Pactual S.A.

11 months ago - PRNewsWire

BLADEX ANNOUNCES A 61% YOY INCREASE IN NET PROFIT TO $37.1 MILLION OR $1.02 PER SHARE FOR THE 2Q23; ANNUALIZED RETURN ON EQUITY OF 13.4% IN 2Q23

PANAMA CITY , July 20, 2023 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX, "Bladex", or "the Bank"), a Panama-based multinational bank originally established by the centr...

1 year ago - PRNewsWire

BLADEX ANNOUNCES QUARTERLY DIVIDEND PAYMENT FOR SECOND QUARTER 2023

PANAMA CITY, Republic of Panama , July 20, 2023 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank"), announced today its Board of Directors' approval of a quarter...

1 year ago - PRNewsWire

BLADEX ANNOUNCES NEW BOND ISSUANCE IN MEXICO

PANAMA CITY , July 20, 2023 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank"; NYSE: BLX) announces its new issuance of Cebures ("Certificados Públicos Bursátile...

1 year ago - PRNewsWire

Bladex's social and environmental commitment - Transforming plastic waste to rebuild a bridge in Puerto Caimito, Panama

PANAMA CITY , July 5, 2023 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (Bladex), in collaboration with the community of Kosovo, located in Puerto Caimito, Panama, facilitated the ...

1 year ago - PRNewsWire