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

NYSE: BLX · Real-Time Price · USD
33.43
-0.32 (-0.95%)
Nov 20, 2024, 4:00 PM EST - Market closed
-0.95%
Market Cap 1.23B
Revenue (ttm) 279.78M
Net Income (ttm) 200.77M
Shares Out 36.79M
EPS (ttm) 5.47
PE Ratio 6.11
Forward PE 6.06
Dividend $2.00 (5.98%)
Ex-Dividend Date Nov 8, 2024
Volume 65,459
Open 33.44
Previous Close 33.75
Day's Range 32.91 - 33.44
52-Week Range 22.93 - 35.47
Beta 1.15
Analysts n/a
Price Target n/a
Earnings Date Oct 29, 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 $238.65 million, an increase of 62.19% compared to the previous year's $147.15 million. Earnings were $166.16 million, an increase of 80.53%.

Financial Statements

News

BLADEX ANNOUNCES CHIEF FINANCIAL OFFICER TRANSITION

PANAMA CITY , Nov. 19, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank") announced today that, after 34 years of a successful career at Bladex, Ana Graciel...

1 day ago - PRNewsWire

Bladex Leads US$86 Million Syndicated Loan to Support Grupo Monge's Business

PANAMA CITY , Nov. 7, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. - Bladex (NYSE: BLX) announced the successful closing of an institution-led US$86 million syndicated loan to...

13 days ago - PRNewsWire

Bladex Continues To Grow But Warns Of Higher Competition, Still A Buy

Bladex results are in line with continued growth in assets and flat spreads. However, the bank has warned of increasing competition. The company is expecting to grow its fee-based revenues, to reduce ...

19 days ago - Seeking Alpha

Banco Latinoamericano de Comercio Exterior, S. A. (BLX) Q3 2024 Earnings Call Transcript

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) Q3 2024 Earnings Conference Call October 30, 2024 11:00 AM ET Company Participants Jorge Salas – Chief Executive Officer Ana Graciela de M...

21 days ago - Seeking Alpha

Bladex announces 3Q24 Net Profit of $53.0 Million, or $1.44 per share; annualized return on equity of 16.4% in 3Q24

PANAMA CITY , Oct. 29, 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...

22 days ago - PRNewsWire

BLADEX ANNOUNCES QUARTERLY DIVIDEND PAYMENT FOR THIRD QUARTER 2024

PANAMA CITY , Oct. 29, 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 ...

22 days ago - PRNewsWire

Bladex's Third Quarter 2024 Conference Call

PANAMA CITY  , Oct. 11, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE:  BLX) cordially invites you to participate in its upcoming conference call to discuss its 3Q24 resu...

5 weeks ago - PRNewsWire

Bladex strengthens its team with Sergio Olarte as Chief Economist

PANAMA CITY , Oct. 10, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior (Bladex, NYSE: BLX) continues to consolidate its position as a key player in the economic development of Latin Am...

6 weeks ago - PRNewsWire

Bladex: Q2 2024 Keeps The Performance Trend, The Bank Is Still A Buy

Bladex reported strong 2Q24 results with continued growth in book size, income, and fees. The bank's efficiency ratio is below 25%, making it one of the most efficient globally. Main risk is a global ...

4 months ago - Seeking Alpha

Banco Latinoamericano de Comercio Exterior, S. A. (BLX) Q2 2024 Earnings Call Transcript

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) Q2 2024 Earnings Conference Call July 24, 2024 11:00 AM ET Company Participants Jorge Salas - Chief Executive Officer Ana Graciela de Mend...

4 months ago - Seeking Alpha

Bladex announces 2Q24 Net Profit of $50.1 Million, or $1.36 per share; annualized return on equity of 16.2% in 2Q24

PANAMA CITY , July 23, 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 QUARTERLY DIVIDEND PAYMENT FOR SECOND QUARTER 2024

PANAMA CITY , July 23, 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's Second Quarter 2024 Conference Call

PANAMA CITY , July 19, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE:  BLX) cordially invites you to participate in its upcoming conference call to discuss its 2Q24 resul...

4 months ago - PRNewsWire

Bladex Selects CGI as Partner for Trade Finance Business Evolution, Enabled by the CGI Trade360® Global Technology Platform

PANAMA CITY , July 18, 2024 /PRNewswire/ -- Bladex - Banco Latinoamericano de Comercio Exterior (NYSE: BLX) and CGI (TSX: GIB.A) (NYSE: GIB), one of the world's largest independent business and IT con...

Other symbols: GIB
4 months ago - PRNewsWire

Bladex selects CGI as partner for trade finance business evolution, enabled by the CGI Trade360® global technology platform

Stock Market Symbols GIB.A (TSX) GIB (NYSE) www.cgi.com/newsroom MONTRÉAL, July 18, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services...

Other symbols: GIB
4 months ago - PRNewsWire

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 months 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 ...

5 months 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...

5 months 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...

6 months 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 months 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...

7 months ago - PRNewsWire

Banco Latinoamericano de Comercio Exterior, S. A. (BLX) Q1 2024 Earnings Call Transcript

Banco Latinoamericano de Comercio Exterior, S. A. (BLX) Q1 2024 Earnings Call Transcript

7 months ago - Seeking Alpha

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...

7 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...

7 months ago - PRNewsWire

Bladex Still An Opportunity, With Caution On New Business Segments

Banco Latinoamericano de Comercio Exterior (Bladex) reports record FY23 results with net income, credit book, and net interest income all showing significant growth.

7 months ago - Seeking Alpha