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S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets… FOR FREE! (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Better Than Oil Stocks (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: Wall Street inches lower as retailers post holiday numbers
Better Than Oil Stocks (Ad)
Closing prices for crude oil, gold and other commodities
Ohio foundation begins process to distribute millions in opioid settlement money
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets… FOR FREE! (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Better Than Oil Stocks (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: Wall Street inches lower as retailers post holiday numbers
Better Than Oil Stocks (Ad)
Closing prices for crude oil, gold and other commodities
Ohio foundation begins process to distribute millions in opioid settlement money
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets… FOR FREE! (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Better Than Oil Stocks (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: Wall Street inches lower as retailers post holiday numbers
Better Than Oil Stocks (Ad)
Closing prices for crude oil, gold and other commodities
Ohio foundation begins process to distribute millions in opioid settlement money
NYSE:BLX

Banco Latinoamericano de Comercio Exterior, S. A. (BLX) Stock Price, News & Analysis

$27.27
+0.12 (+0.44%)
(As of 03/4/2024 ET)
Today's Range
$27.21
$27.58
50-Day Range
$23.13
$27.97
52-Week Range
$16.26
$28.34
Volume
77,299 shs
Average Volume
137,048 shs
Market Capitalization
$990.72 million
P/E Ratio
5.98
Dividend Yield
7.33%
Price Target
$37.33

Banco Latinoamericano de Comercio Exterior, S. A. MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
36.9% Upside
$37.33 Price Target
Short Interest
Healthy
0.75% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.85
Upright™ Environmental Score
News Sentiment
-0.11mentions of Banco Latinoamericano de Comercio Exterior, S. A. in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.87%
From $4.60 to $5.10 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.69 out of 5 stars

Finance Sector

110th out of 869 stocks

Commercial Banks, Not Elsewhere Classified Industry

3rd out of 27 stocks


BLX stock logo

About Banco Latinoamericano de Comercio Exterior, S. A. Stock (NYSE: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 discounting and financing, as well as usance payable at sight; stand-by services; bank guarantees, which includes first demand and local guarantees; import and export documentary collection; irrevocable reimbursement undertaking, and canal tolls. Further, it offers liquidity and investment solutions including time deposits, DDA accounts, Yankee certificate of deposits, and EMTN private placement services, as well as supply chain finance services. The company primarily serves financial institutions, corporations, and sovereigns and state-owned entities. Banco Latinoamericano de Comercio Exterior, S. A.was formerly known as Banco Latinoamericano de Exportaciones, S.A. and changed its name to Banco Latinoamericano de Comercio Exterior, S. A. in June 2009. The company was founded in 1977 and is headquartered in Panama City, the Republic of Panama.

BLX Stock Price History

BLX Stock News Headlines

Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Bladex achieves record results
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
BLADEX INCREASES COMMON STOCK QUARTERLY DIVIDEND
BLADEX'S FOURTH QUARTER 2023 CONFERENCE CALL
Bladex Is Still A Lopsided Bet On Latin American Growth
Bladex: Moving To Hold As Bull Thesis Has Played Out
See More Headlines
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Company Calendar

Last Earnings
10/28/2021
Ex-Dividend for 3/19 Dividend
3/01/2024
Today
3/04/2024
Dividend Payable
3/19/2024
Next Earnings (Estimated)
4/16/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Commercial banks, not elsewhere classified
Sub-Industry
Diversified Banks
CUSIP
P1699413
Employees
52
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$37.33
High Stock Price Target
$43.00
Low Stock Price Target
$32.00
Potential Upside/Downside
+36.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$166.16 million
Pretax Margin
24.27%

Debt

Sales & Book Value

Annual Sales
$712.20 million
Cash Flow
$4.68 per share
Book Value
$33.14 per share

Miscellaneous

Free Float
N/A
Market Cap
$990.72 million
Optionable
Optionable
Beta
1.20
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Key Executives

  • Mr. Jorge L. Salas (Age 53)
    Chief Executive Officer
  • Ms. Ana Graciela de Mendez (Age 57)
    Executive VP & CFO
  • Mr. Carlos Daniel Raad Baene (Age 43)
    Executive VP, Head of Investor Relations & Chief Investor Relations Officer
  • Mr. Jorge Luis Real (Age 51)
    Executive VP, Chief Legal Officer & Secretary of the Board of Directors
  • Ms. Jessica Janson (Age 50)
    Vice President of Corporate Communications & Social Investment
  • Mr. Alejandro Tizzoni (Age 46)
    Executive VP & Chief Risk Officer
  • Mr. Eduardo Vivone (Age 58)
    Executive Vice President of Treasury & Capital Markets
  • Ms. Monica Cosulich
    Senior VP of Finance & Investor Relations
  • Mr. Olazhir Ledezma (Age 51)
    Executive Vice President of Strategic Planning
  • Ms. Adriana Lizzeth Diaz Forero (Age 39)
    Executive VP & Chief Audit Officer














BLX Stock Analysis - Frequently Asked Questions

Should I buy or sell Banco Latinoamericano de Comercio Exterior, S. A. stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Banco Latinoamericano de Comercio Exterior, S. A. in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BLX shares.
View BLX analyst ratings
or view top-rated stocks.

What is Banco Latinoamericano de Comercio Exterior, S. A.'s stock price target for 2024?

3 equities research analysts have issued twelve-month price objectives for Banco Latinoamericano de Comercio Exterior, S. A.'s stock. Their BLX share price targets range from $32.00 to $43.00. On average, they anticipate the company's stock price to reach $37.33 in the next year. This suggests a possible upside of 36.9% from the stock's current price.
View analysts price targets for BLX
or view top-rated stocks among Wall Street analysts.

How have BLX shares performed in 2024?

Banco Latinoamericano de Comercio Exterior, S. A.'s stock was trading at $24.74 on January 1st, 2024. Since then, BLX stock has increased by 10.2% and is now trading at $27.27.
View the best growth stocks for 2024 here
.

Are investors shorting Banco Latinoamericano de Comercio Exterior, S. A.?

Banco Latinoamericano de Comercio Exterior, S. A. saw a increase in short interest in the month of February. As of February 15th, there was short interest totaling 209,000 shares, an increase of 6.9% from the January 31st total of 195,500 shares. Based on an average trading volume of 126,000 shares, the short-interest ratio is presently 1.7 days. Currently, 0.8% of the company's shares are short sold.
View Banco Latinoamericano de Comercio Exterior, S. A.'s Short Interest
.

When is Banco Latinoamericano de Comercio Exterior, S. A.'s next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 16th 2024.
View our BLX earnings forecast
.

How were Banco Latinoamericano de Comercio Exterior, S. A.'s earnings last quarter?

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) announced its quarterly earnings results on Thursday, October, 28th. The bank reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.01. The bank earned $26.83 million during the quarter. Banco Latinoamericano de Comercio Exterior, S. A. had a net margin of 23.34% and a trailing twelve-month return on equity of 14.49%.

How often does Banco Latinoamericano de Comercio Exterior, S. A. pay dividends? What is the dividend yield for Banco Latinoamericano de Comercio Exterior, S. A.?

Banco Latinoamericano de Comercio Exterior, S. A. declared a quarterly dividend on Thursday, February 22nd. Stockholders of record on Monday, March 4th will be given a dividend of $0.50 per share on Tuesday, March 19th. This represents a $2.00 annualized dividend and a dividend yield of 7.33%. The ex-dividend date is Friday, March 1st. This is an increase from the stock's previous quarterly dividend of $0.25.
Read our dividend analysis for BLX
.

Is Banco Latinoamericano de Comercio Exterior, S. A. a good dividend stock?

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) pays an annual dividend of $2.00 per share and currently has a dividend yield of 7.37%. BLX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 43.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BLX will have a dividend payout ratio of 39.22% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BLX.

What other stocks do shareholders of Banco Latinoamericano de Comercio Exterior, S. A. own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Banco Latinoamericano de Comercio Exterior, S. A. investors own include Enterprise Products Partners (EPD), Energy Transfer (ET), Pfizer (PFE), AT&T (T), Ford Motor (F), Alibaba Group (BABA), Bank of America (BAC), Wells Fargo & Company (WFC), Adverum Biotechnologies (ADVM) and Bank of Nova Scotia (BNS).

Who are Banco Latinoamericano de Comercio Exterior, S. A.'s major shareholders?

Banco Latinoamericano de Comercio Exterior, S. A.'s stock is owned by a variety of institutional and retail investors. Top institutional investors include LSV Asset Management (2.62%), Beddow Capital Management Inc. (1.09%), Motley Fool Wealth Management LLC (0.85%), Los Angeles Capital Management LLC (0.15%), Estabrook Capital Management (0.11%) and Diversified Trust Co (0.04%).

How do I buy shares of Banco Latinoamericano de Comercio Exterior, S. A.?

Shares of BLX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:BLX) was last updated on 3/5/2024 by MarketBeat.com Staff