Banco Latinoamericano de Comercio Exterior, S. A. (BLX)
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]
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 StatementsAnalyst Forecast
According to one analyst, the rating for BLX stock is "Buy" and the 12-month stock price forecast is $32.0.
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.

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 ...

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...

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...

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...

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...

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...

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...

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...

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 ...

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...

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...

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...

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...

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...

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...

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...

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...

BLADEX TO HOST VIRTUAL INVESTOR DAY ON NOVEMBER 14, 2022
PANAMA CITY , Sept. 15, 2022 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A.

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...

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...