NYSE:BLX

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

$20.40

+0.72 (+3.66%)

(As of 06/2/2023 ET)

Compare

Today's Range: $19.81
▼
$20.41
50-Day Range: $16.80
▼
$20.40
52-Week Range: $12.58
▼
$20.48

Volume: 230,101 shs
Average Volume: 78,997 shs
Market Capitalization: $741.13 million

P/E Ratio: 6.30
Dividend Yield: 4.90%
Price Target: N/A

Banco Latinoamericano de Comercio Exterior, S. A. MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.66% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -0.84
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.10 out of 5 stars

Finance Sector

650th out of 874 stocks

Commercial Banks, Not Elsewhere Classified Industry

24th out of 31 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Banco Latinoamericano de Comercio Exterior, S. A..

4.0

Short Interest

Percentage of Shares Shorted
0.66% of the float of Banco Latinoamericano de Comercio Exterior, S. A. has been sold short.
Short Interest Ratio / Days to Cover
Banco Latinoamericano de Comercio Exterior, S. A. has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Banco Latinoamericano de Comercio Exterior, S. A. has recently decreased by 2.52%, indicating that investor sentiment is improving.

2.5

Dividend Strength

Dividend Leadership
Banco Latinoamericano de Comercio Exterior, S. A. is a leading dividend payer. It pays a dividend yield of 5.08%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Banco Latinoamericano de Comercio Exterior, S. A. does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Banco Latinoamericano de Comercio Exterior, S. A. is 30.86%. This payout ratio is at a healthy, sustainable level, below 75%.

2.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Banco Latinoamericano de Comercio Exterior, S. A. has received a 0.47% net impact score from Upright. Banco Latinoamericano seems to create the most significant positive value in categories "Taxes", "Societal infrastructure", and "Jobs". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Development loans for corporations", "Invoice financing services", and "Debt capital raising services" products. See details.
Environmental Sustainability
The Environmental Impact score for Banco Latinoamericano de Comercio Exterior, S. A. is -0.84.

2.4

News and Social Media Coverage

News Sentiment
Banco Latinoamericano de Comercio Exterior, S. A. has a news sentiment score of 0.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Banco Latinoamericano de Comercio Exterior, S. A. this week, compared to 1 article on an average week.
Search Interest
5 people have searched for BLX on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days.
MarketBeat Follows
1 people have added Banco Latinoamericano de Comercio Exterior, S. A. to their MarketBeat watchlist in the last 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Banco Latinoamericano de Comercio Exterior, S. A. insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.20% of the stock of Banco Latinoamericano de Comercio Exterior, S. A. is held by insiders.
Percentage Held by Institutions
Only 7.19% of the stock of Banco Latinoamericano de Comercio Exterior, S. A. is held by institutions.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Banco Latinoamericano de Comercio Exterior, S. A. is 6.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.14.
Price to Earnings Ratio vs. Sector
The P/E ratio of Banco Latinoamericano de Comercio Exterior, S. A. is 6.30, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 157.45.
Price to Book Value per Share Ratio
Banco Latinoamericano de Comercio Exterior, S. A. has a P/B Ratio of 0.68. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) Stock

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 offers short and medium-term bilateral loans, structured and syndicated credits, and loan commitments; financial guarantee contracts, such as issued and confirmed letters of credit, and stand-by letters of credit; and guarantees covering commercial risk and other assets, as well as co-financing arrangements, underwriting of syndicated credit facilities, structured trade financing in the form of factoring and vendor financing, and financial leasing. The company also provides treasury solutions, including term deposits and private placements. It primarily serves financial institutions, corporations, and sovereigns and state-owned entities. The company 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. Banco Latinoamericano de Comercio Exterior, S. A. was founded in 1977 and is headquartered in Panama City, the Republic of Panama.

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BLX Stock News Headlines

June 1, 2023 | msn.com

Benzinga's Top Ratings Upgrades, Downgrades For June 1, 2023

May 20, 2023 | americanbankingnews.com

StockNews.com Initiates Coverage on Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX)

June 3, 2023 | MarketBeat Internal (Ad)

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May 19, 2023 | finance.yahoo.com

With EPS Growth And More, Banco Latinoamericano de Comercio Exterior S. A (NYSE:BLX) Makes An Interesting Case

May 2, 2023 | americanbankingnews.com

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) Short Interest Up 15.2% in April

May 1, 2023 | americanbankingnews.com

Banco Latinoamericano de Comercio Exterior, S. A. to Issue Quarterly Dividend of $0.25 (NYSE:BLX)

April 27, 2023 | finance.yahoo.com

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) Q1 2023 Earnings Call Transcript

April 24, 2023 | finance.yahoo.com

BLADEX ANNOUNCES NEW BOARD MEMBER AND CANDIDATE FOR BOARD OF DIRECTORS AT THE 2023 ANNUAL GENERAL SHAREHOLDERS MEETING

June 3, 2023 | Legacy Research (Affiliate) (Ad)

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April 22, 2023 | finance.yahoo.com

Banco Latinoamericano de Comercio Exterior S. A's (NYSE:BLX) Dividend Will Be $0.25

April 21, 2023 | seekingalpha.com

Banco Latinoamericano de Comercio Exterior, S. A. 2023 Q1 - Results - Earnings Call Presentation

April 20, 2023 | msn.com

Banco Latinoamericano De Comercio Exterior SA - Class E (BLX) Declares $0.25 Dividend

April 18, 2023 | finance.yahoo.com

BLADEX ANNOUNCES NET PROFIT OF $37.0 MILLION OR $1.02 PER SHARE, EXPANDING ITS ANNUALIZED RETURN ON EQUITY TO 13.7% FOR 1Q23

April 18, 2023 | finance.yahoo.com

BLADEX ANNOUNCES QUARTERLY DIVIDEND PAYMENT FOR FIRST QUARTER 2023

April 18, 2023 | americanbankingnews.com

Banco Latinoamericano de Comercio Exterior, S. A. (BLX) Set to Announce Earnings on Wednesday

April 13, 2023 | finance.yahoo.com

Banco Latinoamericano de Comercio Exterior, S. A.'s (NYSE:BLX) top owners are individual investors with 55% stake, while 38% is held by institutions

April 7, 2023 | seekingalpha.com

Bladex: A High-Yielding Bank Safe From The Current Crisis

April 5, 2023 | finance.yahoo.com

Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX) cordially invites you to participate in its upcoming conference call to discuss its 1Q23 results

April 2, 2023 | fool.com

Banco Latinoamericano De Comercio Exterior, S. A. (NYSE: BLX)

April 2, 2023 | americanbankingnews.com

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) Share Price Passes Above Two Hundred Day Moving Average of $16.12

March 10, 2023 | finance.yahoo.com

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) Q4 2022 Earnings Call Transcript

March 1, 2023 | msn.com

Banco Latinoamericano de Comercio Exterior (BLX) Declares $0.25 Dividend

February 27, 2023 | finance.yahoo.com

BLADEX ANNOUNCES NET PROFIT OF $31.0 MILLION FOR 4Q22, EXPANDING QUARTERLY ANNUALIZED ROE TO 11.6%, REACHING NET PROFIT OF $92 MILLION AND ROE OF 8.9% FOR FULL-YEAR 2022

February 27, 2023 | finance.yahoo.com

BLADEX ANNOUNCES QUARTERLY DIVIDEND PAYMENT FOR FOURTH QUARTER 2022

February 14, 2023 | msn.com

Banco Latinoamericano declares CAD 0.165 dividend

January 5, 2023 | morningstar.com

Banco Latinoamericano de Comercio Exterior SA Class E BLX Stock Quote

December 27, 2022 | finance.yahoo.com

Bladex successfully leads the first syndication for Banco Guayaquil S.A. for US$89,000,000 3-year Senior Unsecured Amortizing Facility

See More Headlines

BLX Price History

30 days | 90 days | 365 days | Advanced Chart

BLX Company Calendar

Last Earnings: 10/28/2021
Ex-Dividend for 3/28 Dividend: 3/09/2023
Dividend Payable: 3/28/2023
Ex-Dividend for 5/17 Dividend: 5/03/2023
Dividend Payable: 5/17/2023
Today: 6/03/2023
Next Earnings (Estimated): 8/02/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Commercial banks, not elsewhere classified
Sub-Industry: Diversified Banks
Sector: Finance
Current Symbol: NYSE:BLX
CUSIP: P1699413
CIK: 890541
Web: www.bladex.com
Phone: 507-210-8500
Fax: 507-269-6333
Employees: 52
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $3.24
Trailing P/E Ratio: 6.30
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $92.04 million
Net Margins: 26.11%
Pretax Margin: 26.10%
Return on Equity: 11.15%
Return on Assets: 1.28%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.01
Quick Ratio: 1.01

Sales & Book Value

Annual Sales: $351.28 million
Price / Sales: 2.11
Cash Flow: $2.73 per share
Price / Cash Flow: 7.47
Book Value: $30.16 per share
Price / Book: 0.68

Miscellaneous

Outstanding Shares: 36,330,000
Free Float: 36,252,000
Market Cap: $741.13 million
Optionable: Optionable
Beta: 1.15

Key Executives

Mr. Jorge L. Salas (Age 52)
Chief Exec. Officer

Ms. Ana Graciela de Mendez (Age 56)
Exec. VP & CFO

Ms. Erica Lijtztain (Age 51)
Exec. VP & COO

Mr. Carlos Daniel Raad Baene
Exec. VP, Head of Investor Relations & Chief Investor Relations Officer

Mr. Jorge Luis Real (Age 49)
Exec. VP, Chief Legal Officer & Corp. Sec.

Mr. Alejandro Tizzoni (Age 45)
Exec. VP & Chief Risk Officer

Ms. Monica Cosulich
Sr. VP of Fin. & Investor Relations

Mr. Olazhir Ledezma (Age 51)
Exec. VP of Strategic Planning

Ms. Adriana Lizzeth Diaz Forero (Age 39)
Exec. VP & Chief Audit Officer

Mr. Samuel Canineu (Age 41)
Exec. VP & Chief Commercial Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

BLX Stock - Frequently Asked Questions

How have BLX shares performed in 2023?: Banco Latinoamericano de Comercio Exterior, S. A.'s stock was trading at $16.20 at the start of the year. Since then, BLX shares have increased by 25.9% and is now trading at $20.40.
View the best growth stocks for 2023 here.
Are investors shorting Banco Latinoamericano de Comercio Exterior, S. A.?: Banco Latinoamericano de Comercio Exterior, S. A. saw a drop in short interest during the month of April. As of April 30th, there was short interest totaling 186,500 shares, a drop of 13.2% from the April 15th total of 214,800 shares. Based on an average daily volume of 95,900 shares, the days-to-cover ratio is currently 1.9 days. Approximately 0.6% of the company's stock are sold short.
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 Wednesday, August 2nd 2023.
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) released 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 had revenue of $26.83 million for the quarter. Banco Latinoamericano de Comercio Exterior, S. A. had a net margin of 26.11% and a trailing twelve-month return on equity of 11.15%.
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 Tuesday, April 18th. Shareholders of record on Thursday, May 4th will be given a dividend of $0.25 per share on Wednesday, May 17th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.90%. The ex-dividend date is Wednesday, May 3rd.
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 $1.00 per share and currently has a dividend yield of 5.13%. BLX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 30.86%. This payout ratio is at a healthy, sustainable level, below 75%.
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).
What is Banco Latinoamericano de Comercio Exterior, S. A.'s stock symbol?: Banco Latinoamericano de Comercio Exterior, S. A. trades on the New York Stock Exchange (NYSE) under the ticker symbol "BLX."
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 number of institutional and retail investors. Top institutional shareholders include LSV Asset Management (2.68%), Beddow Capital Management Inc. (1.15%), Motley Fool Wealth Management LLC (0.87%), Uniplan Investment Counsel Inc. (0.85%), Rhumbline Advisers (0.12%) and Thomas White International Ltd. (0.08%).
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Banco Latinoamericano de Comercio Exterior, S. A.'s stock price today?: One share of BLX stock can currently be purchased for approximately $20.40.
How much money does Banco Latinoamericano de Comercio Exterior, S. A. make?: Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) has a market capitalization of $741.13 million and generates $351.28 million in revenue each year. The bank earns $92.04 million in net income (profit) each year or $3.24 on an earnings per share basis.
How can I contact Banco Latinoamericano de Comercio Exterior, S. A.?: Banco Latinoamericano de Comercio Exterior, S. A.'s mailing address is BUSINESS PARK TOWER V AVE. LA ROTONDA COSTA DEL ESTE, Panama City R1, 0819-08730. The official website for the company is www.bladex.com. The bank can be reached via phone at 507-210-8500, via email at ir@bladex.com, or via fax at 507-269-6333.

This page (NYSE:BLX) was last updated on 6/3/2023 by MarketBeat.com Staff

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

Banco Latinoamericano de Comercio Exterior, S. A. MarketRank™ Forecast

Overall MarketRank™