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, collateral-backed, short and medium term trade, and pre-export financing structured loans; and discounting of notes, cross-border leasing, pre- and post-export financing, import financing, letters of credit, bank guarantees, documentary collection, irrevocable reimbursement undertakings, bankers' acceptance, vendor finance, and ECA-backed financing services. The company also provides working capital financing solutions, including short and medium-term bilateral loans, collateral-backed bilateral loans, leases, and vendor finance; structured syndicated and clubbed loans, such as acquisition financing, pre-export financing, A/B loan financing with multilateral agencies, bridge loans, and liability management; and treasury solutions comprising term deposits and private placements. It primarily serves corporations, middle-market companies, and banking and financial institutions. 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.
Industry, Sector and Symbol
Industry Commercial banks, not elsewhere classified
Sub-IndustryDiversified Banks
SectorFinance
SymbolNYSE:BLX
CUSIPP1699413
Phone507-210-8500
Debt
Debt-to-Equity Ratio1.07
Current Ratio1.59
Quick Ratio1.59
Price-To-Earnings
Trailing P/E Ratio12.41
Forward P/E Ratio11.79
P/E GrowthN/A
Sales & Book Value
Annual Sales$244.58 million
Price / Sales4.16
Cash Flow$2.1427 per share
Price / Cash12.05
Book Value$26.49 per share
Price / Book0.97
Profitability
EPS (Most Recent Fiscal Year)$2.08
Net Income$81.99 million
Net Margins30.04%
Return on Equity7.51%
Return on Assets1.26%
Miscellaneous
Employees209
Outstanding Shares39,370,000
Banco Latinoamericano de Comerci Extr (NYSE:BLX) Frequently Asked Questions
What is Banco Latinoamericano de Comerci Extr's stock symbol?
Banco Latinoamericano de Comerci Extr trades on the New York Stock Exchange (NYSE) under the ticker symbol "BLX."
How often does Banco Latinoamericano de Comerci Extr pay dividends? What is the dividend yield for Banco Latinoamericano de Comerci Extr?
Banco Latinoamericano de Comerci Extr declared a quarterly dividend on Wednesday, April 11th. Stockholders of record on Wednesday, May 2nd will be given a dividend of $0.385 per share on Thursday, May 17th. This represents a $1.54 dividend on an annualized basis and a dividend yield of 5.96%. The ex-dividend date of this dividend is Tuesday, May 1st. View Banco Latinoamericano de Comerci Extr's Dividend History.
How were Banco Latinoamericano de Comerci Extr's earnings last quarter?
Banco Latinoamericano de Comerci Extr SA (NYSE:BLX) announced its earnings results on Friday, April, 20th. The bank reported $0.49 EPS for the quarter, missing analysts' consensus estimates of $0.58 by $0.09. The bank earned $30.74 million during the quarter, compared to analyst estimates of $36.82 million. Banco Latinoamericano de Comerci Extr had a net margin of 30.04% and a return on equity of 7.51%. View Banco Latinoamericano de Comerci Extr's Earnings History.
When is Banco Latinoamericano de Comerci Extr's next earnings date?
What price target have analysts set for BLX?
1 brokerages have issued twelve-month target prices for Banco Latinoamericano de Comerci Extr's stock. Their predictions range from $28.00 to $28.00. On average, they expect Banco Latinoamericano de Comerci Extr's share price to reach $28.00 in the next year. View Analyst Ratings for Banco Latinoamericano de Comerci Extr.
Who are some of Banco Latinoamericano de Comerci Extr's key competitors?
Some companies that are related to Banco Latinoamericano de Comerci Extr include Metro Bank (MBNKF), Itau Corpbanca (ITCB), GRUPO AVAL ACCI/S (AVAL), BBVA Banco Frances (BFR), Bank of N.T. Butterfield & Son (NTB), Grupo Supervielle (SUPV), Opus Bank (OPB), Peapack-Gladstone Financial Co. Common Stock (PGC), American Business Bank (AMBZ), Bco Com Portugues (BPCGY), Esquire Financial (ESQ), Avidbank Holdings, Inc. Common Stock (AVBH), Mainstreet Bank Common Stock (Virginia) (MNSB), St Bk Corp/SH SH (SBAZ) and Summit State Bank (SSBI).
Who are Banco Latinoamericano de Comerci Extr's key executives?
Banco Latinoamericano de Comerci Extr's management team includes the folowing people:
- Mr. Natalio Gabriel Tolchinsky, CEO & Director (Age 56)
- Ms. Ana Graciela de Mendez, Exec. VP & CFO (Age 51)
- Ms. Erica Lijtztain, Exec. VP & COO (Age 46)
- Ms. Irma Garrido Arango, Sr. VP of Corp. Devel. and Investor Relations
- Mr. Jorge Luis Real, Exec. VP of Legal & Compliance, Chief Legal Officer and Sec. (Age 45)
Has Banco Latinoamericano de Comerci Extr been receiving favorable news coverage?
News coverage about BLX stock has trended very positive this week, according to Accern. The research group identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Banco Latinoamericano de Comerci Extr earned a daily sentiment score of 0.70 on Accern's scale. They also assigned media headlines about the bank an impact score of 43.66 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
Who are Banco Latinoamericano de Comerci Extr's major shareholders?
Which major investors are selling Banco Latinoamericano de Comerci Extr stock?
Which major investors are buying Banco Latinoamericano de Comerci Extr stock?
How do I buy shares of Banco Latinoamericano de Comerci Extr?
Shares of BLX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Banco Latinoamericano de Comerci Extr's stock price today?
One share of BLX stock can currently be purchased for approximately $25.82.
How big of a company is Banco Latinoamericano de Comerci Extr?
Banco Latinoamericano de Comerci Extr has a market capitalization of $1.02 billion and generates $244.58 million in revenue each year. The bank earns $81.99 million in net income (profit) each year or $2.08 on an earnings per share basis. Banco Latinoamericano de Comerci Extr employs 209 workers across the globe.
How can I contact Banco Latinoamericano de Comerci Extr?
Banco Latinoamericano de Comerci Extr's mailing address is BUSINESS PARK TOWER V AVE. LA ROTONDA COSTA DEL ESTE, Panama City R1, 0819-08730. The bank can be reached via phone at 507-210-8500 or via email at [email protected]
MarketBeat Community Rating for Banco Latinoamericano de Comerci Extr (BLX)
MarketBeat's community ratings are surveys of what our community members think about Banco Latinoamericano de Comerci Extr and other stocks. Vote "Outperform" if you believe BLX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BLX will underperform the S&P 500 over the long term. You may vote once every thirty days.
