Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX - Get Free Report) posted its quarterly earnings data on Monday. The bank reported $1.40 earnings per share for the quarter, Zacks reports. The business had revenue of $77.95 million during the quarter. Banco Latinoamericano de Comercio Exterior, S. A. had a return on equity of 16.01% and a net margin of 24.29%.
Banco Latinoamericano de Comercio Exterior, S. A. Stock Performance
Banco Latinoamericano de Comercio Exterior, S. A. stock traded up $0.27 during mid-day trading on Friday, reaching $40.74. 24,464 shares of the company were exchanged, compared to its average volume of 129,505. The firm's 50-day simple moving average is $37.64 and its two-hundred day simple moving average is $36.54. Banco Latinoamericano de Comercio Exterior, S. A. has a twelve month low of $27.37 and a twelve month high of $42.88. The firm has a market cap of $1.49 billion, a PE ratio of 7.45 and a beta of 0.87. The company has a debt-to-equity ratio of 2.73, a quick ratio of 1.77 and a current ratio of 1.77.
Banco Latinoamericano de Comercio Exterior, S. A. Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 3rd. Investors of record on Friday, May 16th will be given a $0.625 dividend. This represents a $2.50 annualized dividend and a yield of 6.14%. The ex-dividend date is Friday, May 16th. Banco Latinoamericano de Comercio Exterior, S. A.'s dividend payout ratio (DPR) is presently 44.64%.
Analysts Set New Price Targets
Separately, StockNews.com downgraded shares of Banco Latinoamericano de Comercio Exterior, S. A. from a "hold" rating to a "sell" rating in a research report on Wednesday.
Check Out Our Latest Research Report on BLX
Banco Latinoamericano de Comercio Exterior, S. A. Company Profile
(
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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 in two segments, Commercial and Treasury. It 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.
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