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

BLX Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	641.68	566.21	289.79	129.76	172.55
Interest Income on Investments	143.36	113.05	42.84	11.13	8.43
Total Interest Income	785.03	679.26	332.62	140.88	180.97
Interest Paid on Deposits	300.89	217.04	66.04	12.85	25.8
Interest Paid on Borrowings	224.93	229.04	118.57	41.26	62.72
Total Interest Expense	525.82	446.08	184.61	54.1	88.52
Net Interest Income	259.21	233.18	148.01	86.78	92.45
Net Interest Income Growth (YoY)	11.16%	57.54%	70.56%	-6.13%	-15.58%
Gain (Loss) on Sale of Assets	-0.01	-0	-0.01	-0.26	0.27
Other Non-Interest Income	44.43	32.94	18.66	17.42	6.71
Total Non-Interest Income	44.41	32.93	18.66	17.17	6.97
Non-Interest Income Growth (YoY)	34.86%	76.54%	8.65%	146.22%	-60.43%
Revenues Before Loan Losses	303.62	266.12	166.67	103.95	99.42
Provision for Loan Losses	17.3	27.46	19.52	2.33	-1.46
Revenue	286.33	238.65	147.15	101.62	100.89
Revenue Growth (YoY)	19.98%	62.19%	44.80%	0.73%	-20.38%
Salaries and Employee Benefits	42.58	39.88	30.48	18.94	19.1
Occupancy Expenses	2.5	2.28	2.15	2.75	3.59
Amortization of Goodwill & Intangibles	1.06	0.81	0.56	0.74	0.75
Selling, General & Administrative	13.49	10.97	6.27	4.11	3.4
Other Non-Interest Expense	19.46	17.61	14.75	12.2	9.38
Total Non-Interest Expense	80.45	72.5	55.11	39.67	37.29
EBT Excluding Unusual Items	205.87	166.16	92.04	61.96	63.59
Asset Writedown	-	-	-	0.74	-
Pretax Income	205.87	166.16	92.04	62.7	63.59
Net Income	205.87	166.16	92.04	62.7	63.59
Net Income to Common	205.87	166.16	92.04	62.7	63.59
Net Income Growth	23.90%	80.53%	46.80%	-1.41%	-26.10%
Basic Shares Outstanding	37	36	36	39	40
Diluted Shares Outstanding	37	36	36	39	40
Shares Change (YoY)	0.71%	0.49%	-6.42%	-2.17%	0.21%
EPS (Basic)	5.60	4.55	2.54	1.62	1.60
EPS (Diluted)	5.60	4.55	2.54	1.62	1.60
EPS Growth	23.03%	79.65%	56.88%	1.00%	-26.27%
Dividend Per Share	2.125	1.250	1.000	1.000	1.000
Dividend Growth	70.00%	25.00%	-	-	-35.07%

Updated Mar 19, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q