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

Banco Latinoamericano de Comercio Exterior, S. A.'s stock was trading at $16.60 at the beginning of 2022. Since then, BLX shares have decreased by 0.5% and is now trading at $16.52.
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Banco Latinoamericano de Comercio Exterior, S. A. saw a drop in short interest in November. As of November 15th, there was short interest totaling 242,800 shares, a drop of 20.3% from the October 31st total of 304,800 shares. Based on an average trading volume of 86,100 shares, the short-interest ratio is currently 2.8 days. Currently, 0.8% of the shares of the stock are short sold.
View Banco Latinoamericano de Comercio Exterior, S. A.'s Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 28th 2023.
View our BLX earnings forecast.

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 (EPS) for the quarter, beating analysts' consensus estimates 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 31.10% and a trailing twelve-month return on equity of 7.98%.

Banco Latinoamericano de Comercio Exterior, S. A. declared a quarterly dividend on Tuesday, November 1st. Investors of record on Monday, November 14th will be given a dividend of $0.25 per share on Wednesday, November 30th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 6.05%. The ex-dividend date of this dividend is Thursday, November 10th.
Read our dividend analysis for BLX.

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 6.06%. BLX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 45.05%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for BLX.

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).

Banco Latinoamericano de Comercio Exterior, S. A. trades on the New York Stock Exchange (NYSE) under the ticker symbol "BLX."

Banco Latinoamericano de Comercio Exterior, S. A.'s stock is owned by many different institutional and retail investors. Top institutional shareholders include LSV Asset Management (2.64%), Lee Danner & Bass Inc. (1.01%), Thomas White International Ltd. (0.76%), Uniplan Investment Counsel Inc. (0.34%) and Seizert Capital Partners LLC (0.05%).

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.
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One share of BLX stock can currently be purchased for approximately $16.52.

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) has a market capitalization of $598.54 million and generates $158.31 million in revenue each year. The bank earns $62.70 million in net income (profit) each year or $2.22 on an earnings per share basis.

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.