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

BLX Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	638.17	566.21	289.79	129.76	172.55	253.46
Interest Income on Investments	143.4	113.05	42.84	11.13	8.43	20.22
Total Interest Income	781.57	679.26	332.62	140.88	180.97	273.68
Interest Paid on Deposits	291.61	217.04	66.04	12.85	25.8	67.44
Interest Paid on Borrowings	232.12	229.04	118.57	41.26	62.72	96.73
Total Interest Expense	523.73	446.08	184.61	54.1	88.52	164.17
Net Interest Income	257.84	233.18	148.01	86.78	92.45	109.52
Net Interest Income Growth (YoY)	18.79%	57.54%	70.55%	-6.13%	-15.58%	-0.21%
Gain (Loss) on Sale of Assets	-0	-0	-0.01	-0.26	0.27	0.48
Gain (Loss) on Sale of Investments	-	-	-	-	-	0.19
Other Non-Interest Income	45.16	32.94	18.66	17.42	6.71	16.96
Total Non-Interest Income	45.16	32.93	18.66	17.17	6.97	17.62
Non-Interest Income Growth (YoY)	84.61%	76.54%	8.66%	146.22%	-60.43%	-1.13%
Revenues Before Loan Losses	303	266.12	166.67	103.95	99.42	127.14
Provision for Loan Losses	23.21	27.46	19.52	2.33	-1.46	0.43
Revenue	279.78	238.65	147.15	101.62	100.89	126.71
Revenue Growth (YoY)	28.19%	62.19%	44.79%	0.73%	-20.38%	80.88%
Salaries and Employee Benefits	43.15	39.88	30.48	18.94	19.1	22.1
Occupancy Expenses	2.4	2.28	2.15	2.75	3.59	2.85
Amortization of Goodwill & Intangibles	0.97	0.81	0.56	0.74	0.75	0.7
Selling, General & Administrative	11.54	10.97	6.27	4.11	3.4	3.08
Other Non-Interest Expense	20.03	17.61	14.75	12.2	9.38	10.5
Total Non-Interest Expense	79.01	72.5	55.11	39.67	37.29	40.65
EBT Excluding Unusual Items	200.77	166.16	92.04	61.96	63.59	86.05
Asset Writedown	-	-	-	0.74	-	-
Pretax Income	200.77	166.16	92.04	62.7	63.59	86.05
Earnings From Continuing Operations	200.77	166.16	92.04	62.7	63.59	86.05
Net Income	200.77	166.16	92.04	62.7	63.59	86.05
Net Income to Common	200.77	166.16	92.04	62.7	63.59	86.05
Net Income Growth	33.14%	80.53%	46.80%	-1.41%	-26.10%	672.61%
Basic Shares Outstanding	37	36	36	39	40	40
Diluted Shares Outstanding	37	36	36	39	40	40
Shares Change (YoY)	0.69%	0.49%	-6.42%	-2.17%	0.20%	0.08%
EPS (Basic)	5.47	4.55	2.54	1.62	1.60	2.17
EPS (Diluted)	5.47	4.55	2.54	1.62	1.60	2.17
EPS Growth	32.23%	79.65%	56.88%	1.00%	-26.27%	675.00%
Dividend Per Share	2.000	1.250	1.000	1.000	1.000	1.540
Dividend Growth	100.00%	25.00%	0%	0%	-35.06%	0%

Source: S&P Capital IQ. Banks template. Financial Sources.