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MarketBeat Week in Review – 5/29 - 6/2
How major US stock indexes fared Friday 6/2/2023
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
What Should Investors Make of These 3 Dividend Cuts?
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Trading Channel Breakout in Lululemon Brought by Earnings
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Constellation Brands Taps into Growth: Analysts Bullish on Stock
Salesforce: Time to Snap it Up as the Market Buys the Dip?
[BREAKING] Pentagon to Spend Billions on "Living Missile" (Ad)
MarketBeat Week in Review – 5/29 - 6/2
How major US stock indexes fared Friday 6/2/2023
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
What Should Investors Make of These 3 Dividend Cuts?
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Trading Channel Breakout in Lululemon Brought by Earnings
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Constellation Brands Taps into Growth: Analysts Bullish on Stock
Salesforce: Time to Snap it Up as the Market Buys the Dip?
[BREAKING] Pentagon to Spend Billions on "Living Missile" (Ad)
MarketBeat Week in Review – 5/29 - 6/2
How major US stock indexes fared Friday 6/2/2023
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
What Should Investors Make of These 3 Dividend Cuts?
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Trading Channel Breakout in Lululemon Brought by Earnings
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Constellation Brands Taps into Growth: Analysts Bullish on Stock
Salesforce: Time to Snap it Up as the Market Buys the Dip?
[BREAKING] Pentagon to Spend Billions on "Living Missile" (Ad)
MarketBeat Week in Review – 5/29 - 6/2
How major US stock indexes fared Friday 6/2/2023
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


BLX stock logo

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 Price History

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

Industry, Sector and Symbol

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

Profitability

Net Income
$92.04 million
Pretax Margin
26.10%

Debt

Sales & Book Value

Annual Sales
$351.28 million
Cash Flow
$2.73 per share
Book Value
$30.16 per share

Miscellaneous

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













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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