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