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

Market Cap	1.21B
Revenue (ttm)	271.04M
Net Income (ttm)	193.53M
Shares Out	36.79M
EPS (ttm)	5.28
PE Ratio	6.15
Forward PE	n/a
Dividend	$2.00 (6.08%)
Ex-Dividend Date	Aug 5, 2024

Volume	115,297
Open	32.67
Previous Close	32.50
Day's Range	32.37 - 32.99
52-Week Range	20.90 - 34.45
Beta	1.15
Analysts	Strong Buy
Price Target	37.00 (+12.16%)
Earnings Date	Oct 17, 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...

• Industry: Banks - Regional
• Sector: Financials
• Founded: 1977
• Employees: 175
• Stock Exchange: NYSE
• Ticker Symbol: BLX
• Website: https://www.bladex.com

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%.

Analyst Forecast

According to one analyst, the rating for BLX stock is "Strong Buy" and the 12-month stock price forecast is $37.0.

Price Target

$37.0

(12.16% upside)

Analyst Consensus: Strong Buy