Banco Latinoamericano de Comercio Exterior, S. A. (BLX)
| Market Cap | 1.07B |
| Revenue (ttm) | 266.12M |
| Net Income (ttm) | 166.16M |
| Shares Out | 34.24M |
| EPS (ttm) | 4.55 |
| PE Ratio | 6.23 |
| Forward PE | n/a |
| Dividend | $2.00 (6.42%) |
| Ex-Dividend Date | Apr 26, 2024 |
| Volume | 76,196 |
| Open | 30.81 |
| Previous Close | 30.70 |
| Day's Range | 30.77 - 31.27 |
| 52-Week Range | 19.25 - 31.62 |
| Beta | 1.17 |
| Analysts | Strong Buy |
| Price Target | 34.50 (+10.79%) |
| Earnings Date | Apr 18, 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]
Financial Performance
In 2023, BLX's revenue was $266.12 million, an increase of 59.67% compared to the previous year's $166.67 million. Earnings were $166.16 million, an increase of 80.53%.
Financial StatementsAnalyst 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 10.79% from the latest price.
News
BLADEX FILES ANNUAL REPORT ON FORM 20-F
PANAMA CITY , April 25, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or "the Bank") announced today that the Bank filed its annual report on Form 20-F for the fiscal...
BLADEX ANNOUNCES QUARTERLY DIVIDEND PAYMENT FOR FIRST QUARTER 2024
PANAMA CITY , April 18, 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...
Bladex announces 1Q24 Net Profit of $51.3 Million, or $1.40 per share, expanding its annualized return on equity to 16.8% in 1Q24
PANAMA CITY , April 18, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX, "Bladex", or "the Bank"), a Panama-based multinational bank originally established by the cent...
BLADEX'S FIRST QUARTER 2024 CONFERENCE CALL
PANAMA CITY , April 8, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX) cordially invites you to participate in its upcoming conference call to discuss its 1Q24 resul...
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.
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 ...
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...
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...
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...
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...
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...
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 ...
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...
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...
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 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...