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

NYSE: BLX · IEX Real-Time Price · USD
29.62
+0.27 (0.92%)
Mar 28, 2024, 4:00 PM EDT - Market closed
0.92%
Market Cap 1.07B
Revenue (ttm) 166.67M
Net Income (ttm) 92.04M
Shares Out 34.24M
EPS (ttm) 2.54
PE Ratio 6.45
Forward PE n/a
Dividend $1.25 (4.22%)
Ex-Dividend Date Mar 1, 2024
Volume 214,582
Open 29.33
Previous Close 29.35
Day's Range 29.33 - 29.79
52-Week Range 16.60 - 30.08
Beta 1.17
Analysts Strong Buy
Price Target 34.50 (+16.48%)
Earnings Date Apr 16, 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 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 2 analysts, the average rating for BLX stock is "Strong Buy." The 12-month stock price forecast is $34.5, which is an increase of 16.48% from the latest price.

Price Target
$34.5
(16.48% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Bladex achieves record results

PANAMA CITY , March 4, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE:  BLX , "Bladex", or "the Bank"), announced the results achieved during the fourth quarter of 2023.

24 days ago - PRNewsWire

BLADEX INCREASES COMMON STOCK QUARTERLY DIVIDEND

PANAMA CITY , Feb. 22, 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 ...

5 weeks ago - PRNewsWire

Bladex announces 4Q23 Net Profit of $46.4 Million, or $1.27 per share, reaching an annual Net Profit of $166.2 Million, or $4.55 per share

PANAMA CITY , Feb. 22, 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...

5 weeks ago - PRNewsWire

Bladex Announces $50,000,000 Common Stock Repurchase Plan

PANAMA CITY , Feb. 22, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank"), today announced that its Board of Directors (the "Board") has authorized a repurc...

5 weeks ago - PRNewsWire

BLADEX'S FOURTH QUARTER 2023 CONFERENCE CALL

PANAMA CITY , Feb. 1, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE:  BLX) cordially invites you to participate in its upcoming conference call to discuss its 4Q23 result...

2 months ago - PRNewsWire

Bladex acts as joint lead arranger and bookrunner for AES Dominicana Renewable Energy US$368M non-recourse term loan and US$27M Reserve Letter of Credit facilities

PANAMA CITY , Nov. 27, 2023 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior - Bladex (NYSE:BLX), announced today the successful closing of a US$368 million A/B Loan Facility, under IDB Inve...

4 months ago - PRNewsWire

Bladex and Greenbridge Capital - Toesca and TC Latam JV- announce launching of Latin American factoring platform

PANAMA CITY , Nov. 24, 2023 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior - Bladex (NYSE:BLX), TC Latin America Partners (TC Latam) and Toesca Asset Management (Toesca) announce the launc...

4 months ago - PRNewsWire

BLADEX ANNOUNCES QUARTERLY DIVIDEND PAYMENT FOR THIRD QUARTER 2023

PANAMA CITY , Oct. 19, 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 ...

5 months ago - PRNewsWire

3Q23 Quarterly Financial Report

Bladex announces Net Profit increased 23% QoQ and 70% YoY to $45.8 Million, or $1.25 per share for the 3Q23; annualized return on equity of 15.9% in 3Q23 PANAMA CITY, Oct. 19, 2023 /PRNewswire/ -- Ban...

5 months ago - PRNewsWire

Bladex's Third Quarter 2023 Conference Call

PANAMA CITY , Oct. 11, 2023 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE:  BLX) cordially invites you to participate in its upcoming conference call to discuss its 3Q23 resul...

6 months ago - PRNewsWire

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.

7 months 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.

8 months 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...

9 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...

9 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...

9 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 ...

9 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...

9 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...

11 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...

1 year 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...

1 year 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...

1 year 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...

1 year 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...

1 year 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 ...

1 year 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...

1 year ago - PRNewsWire