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NYSE:BLX

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

$32.99
+0.12 (+0.37%)
(As of 07/26/2024 ET)
Today's Range
$32.70
$33.17
50-Day Range
$28.64
$34.06
52-Week Range
$20.01
$34.45
Volume
135,524 shs
Average Volume
131,969 shs
Market Capitalization
$1.21 billion
P/E Ratio
6.68
Dividend Yield
6.06%
Price Target
$40.67

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

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
23.2% Upside
$40.67 Price Target
Short Interest
Healthy
0.93% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.85
Upright™ Environmental Score
News Sentiment
0.34mentions of Banco Latinoamericano de Comercio Exterior, S. A. in the last 14 days
Based on 15 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.

4.18 out of 5 stars

Finance Sector

202nd out of 898 stocks

Commercial Banks, Not Elsewhere Classified Industry

9th 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

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BLADEX ANUCIA PAGO DE DIVIDENDO DEL SEGUNDO TRIMESTRE 2024
This TSLA short trade is on a nine win hot streak
Most Tesla Shareholders are disappointed in the stock's performance in 2024. Year to date, it's down 30%... And things don’t seem to be getting better. That said, one professional trader has found a way to turn Tesla’s demise into a flurry of opportunity… In fact, he has not lost a single trade on Tesla this year. As of this mailing he’s 9 for 9 with incredible wins under his belt. Just see for yourself.
Bladex avanza en su expansión en el mercado mexicano
Bladex's Second Quarter 2024 Conference Call
See More Headlines
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Company Calendar

Last Earnings
10/28/2021
Ex-Dividend for 5/15 Dividend
4/26/2024
Dividend Payable
5/15/2024
Today
7/26/2024
Ex-Dividend for 8/20 Dividend
8/05/2024
Dividend Payable
8/20/2024
Next Earnings (Estimated)
10/17/2024
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
180
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$40.67
High Stock Price Target
$43.00
Low Stock Price Target
$37.00
Potential Upside/Downside
+23.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$166.16 million
Pretax Margin
23.58%

Debt

Sales & Book Value

Annual Sales
$712.20 million
Cash Flow
$4.68 per share
Book Value
$32.94 per share

Miscellaneous

Free Float
36,467,000
Market Cap
$1.20 billion
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 56)
    Executive VP & CFO
  • Mr. Carlos Daniel Raad Baene (Age 43)
    Executive VP, Head of Investor Relations & Chief Investor Relations Officer
  • Ms. Tatiana Calzada (Age 53)
    Executive VP & Chief Compliance Officer
  • Mr. Jorge Luis Real (Age 50)
    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

BLX Stock Analysis - Frequently Asked Questions

How have BLX shares performed this year?

Banco Latinoamericano de Comercio Exterior, S. A.'s stock was trading at $24.74 at the start of the year. Since then, BLX shares have increased by 33.4% and is now trading at $33.00.
View the best growth stocks for 2024 here
.

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 EPS 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 trailing twelve-month return on equity of 16.12% and a net margin of 23.87%.

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.

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

Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and Bank of America (BAC).

This page (NYSE:BLX) was last updated on 7/26/2024 by MarketBeat.com Staff

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