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

NYSE: BLX · IEX Real-Time Price · USD
22.31
-0.01 (-0.04%)
Sep 22, 2023, 4:00 PM EDT - Market closed
-0.04%
Market Cap 810.40M
Revenue (ttm) 166.67M
Net Income (ttm) 92.04M
Shares Out 36.32M
EPS (ttm) 2.54
PE Ratio 6.15
Forward PE n/a
Dividend $1.00 (4.48%)
Ex-Dividend Date Jul 28, 2023
Volume 43,952
Open 22.34
Previous Close 22.32
Day's Range 22.27 - 22.57
52-Week Range 13.00 - 24.65
Beta 1.16
Analysts Buy
Price Target 32.00 (+43.43%)
Earnings Date Oct 31, 2023

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 through two segments, Commercial and Treasury. It also 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. In addition, the company provides letter of credit comprising import and export letters of credit, and credit... [Read more]

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

Financial Performance

In 2022, BLX's revenue was $166.67 million, an increase of 59.94% compared to the previous year's $104.21 million. Earnings were $92.04 million, an increase of 46.80%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for BLX stock is "Buy" and the 12-month stock price forecast is $32.0.

Price Target
$32.0
(43.43% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

9 days 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.

5 weeks 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...

2 months 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...

2 months 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...

2 months 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 ...

2 months ago - PRNewsWire

BLADEX'S SECOND QUARTER 2023 CONFERENCE CALL

PANAMA CITY , July 3, 2023 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE:  BLX) cordially invites you to participate in its upcoming conference call to discuss its 2Q23 result...

2 months ago - PRNewsWire

BLADEX FILES ANNUAL REPORT ON FORM 20-F

PANAMA CITY, Republic of Panama , April 28, 2023 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or "the Bank") announced today that the Bank filed its annual report on Form...

5 months ago - PRNewsWire

BLADEX ANNOUNCES NEW BOARD MEMBER AND CANDIDATE FOR BOARD OF DIRECTORS AT THE 2023 ANNUAL GENERAL SHAREHOLDERS MEETING

PANAMA CITY , April 24, 2023 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX, "Bladex", or "the Bank"), a Panama-based multinational bank established by the central banks o...

5 months ago - PRNewsWire

BLADEX ANNOUNCES NET PROFIT OF $37.0 MILLION OR $1.02 PER SHARE, EXPANDING ITS ANNUALIZED RETURN ON EQUITY TO 13.7% FOR 1Q23

PANAMA CITY, Republic of Panama , April 18, 2023 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX, "Bladex", or "the Bank"), a Panama-based multinational bank originally est...

5 months ago - PRNewsWire

BLADEX ANNOUNCES QUARTERLY DIVIDEND PAYMENT FOR FIRST QUARTER 2023

PANAMA CITY, Republic of Panama , April 18, 2023 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank"), announced today its Board of Directors' approval of a quarte...

5 months ago - PRNewsWire

Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX) cordially invites you to participate in its upcoming conference call to discuss its 1Q23 results

PANAMA CITY , April 4, 2023 /PRNewswire/ -- Date and time: Wednesday, April 19 2023 11:00 a.m. Eastern Time Presenting for Bladex: Jorge Salas, Chief Executive OfficerAna Graciela de Méndez, Chief Fin...

6 months ago - PRNewsWire

BLADEX ANNOUNCES NET PROFIT OF $31.0 MILLION FOR 4Q22, EXPANDING QUARTERLY ANNUALIZED ROE TO 11.6%, REACHING NET PROFIT OF $92 MILLION AND ROE OF 8.9% FOR FULL-YEAR 2022

PANAMA CITY , Feb. 27, 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...

7 months ago - PRNewsWire

BLADEX ANNOUNCES QUARTERLY DIVIDEND PAYMENT FOR FOURTH QUARTER 2022

PANAMA CITY , Feb. 27, 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 ...

7 months ago - PRNewsWire

BLADEX'S FOURTH QUARTER 2022 CONFERENCE CALL

PANAMA CITY , Feb. 6, 2023 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE:  BLX) cordially invites you to participate in its upcoming conference call to discuss its 4Q22 result...

8 months ago - PRNewsWire

Bladex successfully leads the first syndication for Banco Guayaquil S.A. for US$89,000,000 3-year Senior Unsecured Amortizing Facility

PANAMA CITY , Dec. 27, 2022 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank"; NYSE: BLX) announced today the successful closing of a US$89 million 3-year Senior...

9 months ago - PRNewsWire

Bladex enters into a strategic alliance with TradeAssets, spurring digitalization and access to Trade Finance

PANAMA CITY , Nov. 21, 2022 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior (Bladex) has entered into a strategic alliance with Dubai-headquartered Fintech Innovations International DMCC, o...

10 months ago - PRNewsWire

Bladex enters into a strategic alliance with Komgo, driving innovation in trade finance solutions

PANAMA CITY , Nov. 10, 2022 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior (Bladex) has entered into a strategic alliance with Fintech company Komgo, becoming the first bank in Latin Ameri...

11 months ago - PRNewsWire

BLADEX ANNOUNCES 3Q22 PROFIT UP 17% QoQ TO $26.9 MILLION AND ROE OF 10.3%, UP 120 BPS QoQ

PANAMA CITY, Republic of Panama , Nov. 1, 2022 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX, "Bladex", or "the Bank"), a Panama-based multinational bank originally estab...

11 months ago - PRNewsWire

BLADEX ANNOUNCES QUARTERLY DIVIDEND PAYMENT FOR THIRD QUARTER 2022

PANAMA CITY, Republic of Panama , Nov. 1, 2022 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank"), announced today its Board of Directors' approval of a quarterl...

11 months ago - PRNewsWire

Bladex successfully leads the fourth syndication for Favorita Fruit Co with a US$130,000,000 7-year Senior Secured Amortizing Facility

PANAMA CITY , Nov. 1, 2022 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank"; NYSE: BLX) announced today the successful closing of a US$130 million 7-year Senior...

11 months ago - PRNewsWire

BLADEX'S THIRD QUARTER 2022 CONFERENCE CALL

PANAMA CITY , Oct. 24, 2022 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE:  BLX) cordially invites you to participate in its upcoming conference call to discuss its 3Q22 resul...

11 months ago - PRNewsWire

BLADEX TO HOST VIRTUAL INVESTOR DAY ON NOVEMBER 14, 2022

PANAMA CITY , Sept. 15, 2022 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A.

1 year ago - PRNewsWire

BLADEX ANNOUNCES IMPROVED PROFITABILITY, WITH PROFIT FOR THE SECOND QUARTER 2022 OF $23.0 MILLION, OR $0.63 PER SHARE, AND AN ANNUALIZED RETURN ON EQUITY OF 9.1%

PANAMA CITY , Aug. 3, 2022 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX, "Bladex", or "the Bank"), a Panama-based multinational bank originally established by the centra...

1 year ago - PRNewsWire

BLADEX ANNOUNCES QUARTERLY DIVIDEND PAYMENT FOR SECOND QUARTER 2022

PANAMA CITY , Aug. 3, 2022 /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 U...

1 year ago - PRNewsWire