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

Company Overview

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 in two segments, Commercial and Treasury. It 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. The company also 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, including first demand and local guarantees; import and export documentary collection; irrevocable reimbursement undertaking; and canal tolls. In addition, it offers liquidity and investment solutions, such as 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 1975 and is headquartered in Panama City, the Republic of Panama.

Key Stats

• Today's Range: $33.69 to $34.82
• 50-Day Range: $31.78 to $35.18
• 52-Week Range: $22.93 to $35.47
• Volume: 149,935 shs
• Average Volume: 103,768 shs
• Market Capitalization: $1.26 billion
• P/E Ratio: 6.29
• Dividend Yield: 5.81%
• Price Target: $42.00
• Consensus Rating: Buy

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

Banco Latinoamericano de Comercio Exterior, S. A. scored higher than 86% of companies evaluated by MarketBeat, and ranked 213th out of 945 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

Banco Latinoamericano de Comercio Exterior, S. A. has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Banco Latinoamericano de Comercio Exterior, S. A. has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 10.87%

Earnings Growth

Earnings for Banco Latinoamericano de Comercio Exterior, S. A. are expected to grow by 10.87% in the coming year, from $4.60 to $5.10 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Banco Latinoamericano de Comercio Exterior, S. A. is 6.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.24.

Price to Earnings Ratio vs. Sector

The P/E ratio of Banco Latinoamericano de Comercio Exterior, S. A. is 6.29, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.19.

Price to Book Value per Share Ratio

Banco Latinoamericano de Comercio Exterior, S. A. has a P/B Ratio of 0.96. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.41% 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, 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 increased by 26.37%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Banco Latinoamericano de Comercio Exterior, S. A. is a leading dividend payer. It pays a dividend yield of 5.99%, 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 36.56%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Banco Latinoamericano de Comercio Exterior, S. A. will have a dividend payout ratio of 39.22% next year. This indicates that Banco Latinoamericano de Comercio Exterior, S. A. will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.0 / 5
• Environmental Score: -0.85

Percentage of Shares Shorted

0.41% 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, 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 increased by 26.37%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.1 / 5
• News Sentiment: N/A

News Sentiment

Banco Latinoamericano de Comercio Exterior, S. A. has a news sentiment score of -1.00. 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 0.82 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 2 articles on an average week.

Search Interest

14 people have searched for BLX on MarketBeat in the last 30 days. This is an increase of 600% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Banco Latinoamericano de Comercio Exterior, S. A. to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

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 19.47% of the stock of Banco Latinoamericano de Comercio Exterior, S. A. is held by institutions.

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 on January 1st, 2024. Since then, BLX shares have increased by 39.1% and is now trading at $34.42.
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) released its quarterly earnings data on Thursday, October, 28th. The bank reported $0.42 earnings per share for the quarter, beating 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 24.29% and a trailing twelve-month return on equity of 16.01%.

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

Banco Latinoamericano de Comercio Exterior, S. A.'s top institutional shareholders include Beddow Capital Management Inc. (1.07%), Martingale Asset Management L P (0.19%) and Los Angeles Capital Management LLC (0.10%).

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 NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), e.l.f. Beauty (ELF), Disc Medicine (IRON) and ServiceNow (NOW).

Company Calendar

• Last Earnings: 10/28/2021
• Ex-Dividend for 11/26 Dividend: 11/08/2024
• Dividend Payable: 11/26/2024
• Today: 12/03/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/27/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Commercial banks, not elsewhere classified
• Sub-Industry: Diversified Banks
• Current Symbol: NYSE:BLX
• CUSIP: P1699413
• CIK: 890541
• Web: www.bladex.com
• Phone: 507-210-8500
• Fax: 507-269-6333
• Employees: 180
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $42.00
• High Stock Price Target: $42.00
• Low Stock Price Target: $42.00
• Potential Upside/Downside: +22.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $5.47
• Trailing P/E Ratio: 6.29
• Forward P/E Ratio: 7.48
• P/E Growth: N/A
• Net Income: $166.16 million
• Net Margins: 24.29%
• Pretax Margin: 24.28%
• Return on Equity: 16.01%
• Return on Assets: 1.84%

Debt

• Debt-to-Equity Ratio: 2.73
• Current Ratio: 1.77
• Quick Ratio: 1.77

Sales & Book Value

• Annual Sales: $274.21 million
• Price / Sales: 4.59
• Cash Flow: $4.68 per share
• Price / Cash Flow: 7.36
• Book Value: $35.85 per share
• Price / Book: 0.96

Miscellaneous

• Outstanding Shares: 36,540,000
• Free Float: 36,467,000
• Market Cap: $1.26 billion
• Optionable: Optionable
• Beta: 1.17