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