NYSE:BLX Banco Latinoamericano de Comercio Exterior, S. A. (BLX) Stock Forecast, Price & News $21.21 -0.48 (-2.21%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$21.00▼$21.7550-Day Range$21.62▼$24.4152-Week Range$13.00▼$24.65Volume138,624 shsAverage Volume101,111 shsMarket Capitalization$770.56 millionP/E Ratio5.84Dividend Yield4.71%Price Target$37.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Banco Latinoamericano de Comercio Exterior, S. A. MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside76.8% Upside$37.50 Price TargetShort InterestHealthy0.73% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.85Upright™ Environmental ScoreNews Sentiment0.56Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.62 out of 5 starsFinance Sector290th out of 871 stocksCommercial Banks, Not Elsewhere Classified Industry9th out of 29 stocks 3.5 Analyst's Opinion Consensus RatingBanco 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 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $37.50, Banco Latinoamericano de Comercio Exterior, S. A. has a forecasted upside of 76.8% from its current price of $21.21.Amount of Analyst CoverageBanco Latinoamericano de Comercio Exterior, S. A. has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.73% of the float of Banco Latinoamericano de Comercio Exterior, S. A. has been sold short.Short Interest Ratio / Days to CoverBanco Latinoamericano de Comercio Exterior, S. A. has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Banco Latinoamericano de Comercio Exterior, S. A. has recently decreased by 14.96%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipBanco Latinoamericano de Comercio Exterior, S. A. is a leading dividend payer. It pays a dividend yield of 4.63%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBanco Latinoamericano de Comercio Exterior, S. A. does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Banco Latinoamericano de Comercio Exterior, S. A. is 27.55%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next 2.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreBanco Latinoamericano de Comercio Exterior, S. A. has received a -2.47% net impact score from Upright. Banco Latinoamericano uses resources or causes negative impacts mostly in categories "Scarce human capital", "GHG emissions", and "Biodiversity". The negative contribution in the "GHG emissions" impact category seems to be driven mostly by its "Development loans for corporations", "Debt capital raising services", and "Syndicate loans" products. See details.Environmental SustainabilityThe Environmental Impact score for Banco Latinoamericano de Comercio Exterior, S. A. is -0.85. Previous Next 2.5 News and Social Media Coverage News SentimentBanco Latinoamericano de Comercio Exterior, S. A. has a news sentiment score of 0.56. 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 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Banco Latinoamericano de Comercio Exterior, S. A. this week, compared to 1 article on an average week.Search Interest13 people have searched for BLX on MarketBeat in the last 30 days. This is an increase of 18% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Banco Latinoamericano de Comercio Exterior, S. A. to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Banco Latinoamericano de Comercio Exterior, S. A. insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.20% of the stock of Banco Latinoamericano de Comercio Exterior, S. A. is held by insiders.Percentage Held by InstitutionsOnly 7.02% of the stock of Banco Latinoamericano de Comercio Exterior, S. A. is held by institutions. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Banco Latinoamericano de Comercio Exterior, S. A. is 5.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.32.Price to Earnings Ratio vs. SectorThe P/E ratio of Banco Latinoamericano de Comercio Exterior, S. A. is 5.84, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 72.77.Price to Book Value per Share RatioBanco Latinoamericano de Comercio Exterior, S. A. has a P/B Ratio of 0.72. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) StockBanco 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.Read More BLX Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BLX Stock News HeadlinesSeptember 27, 2023 | americanbankingnews.comBanco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) Shares Pass Above 200 Day Moving Average of $20.72September 20, 2023 | finance.yahoo.comIndividual investors account for 55% of Banco Latinoamericano de Comercio Exterior, S. A.'s (NYSE:BLX) ownership, while institutions account for 38%September 29, 2023 | Behind the Markets (Ad)BREAKING: The truth about war with ChinaForeign Affairs reports, "China is Now in a Prewar Tempo of Political and Military Preparations." China has one goal: take control of Taiwan, and an invasion could happen any day. I've identified 5 investments I believe are in immediate danger. But you can get out of them now - before it's too late.September 19, 2023 | americanbankingnews.comBanco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) Shares Pass Above Two Hundred Day Moving Average of $20.55September 14, 2023 | finance.yahoo.comBladex acts as joint lead arranger for Ecopetrol US$1bn term loan facilitySeptember 2, 2023 | investing.comForeign Trade Bank of Latin America Inc (BLX)August 17, 2023 | finance.yahoo.comBladex and BTG Pactual successfully lead the first syndicated loan for GeoPark Colombia S.A.S. for US$80,000,000 2-year Senior Unsecured Committed FacilityAugust 16, 2023 | finance.yahoo.com12 Best Places to Retire in PanamaSeptember 29, 2023 | Behind the Markets (Ad)BREAKING: The truth about war with ChinaForeign Affairs reports, "China is Now in a Prewar Tempo of Political and Military Preparations." China has one goal: take control of Taiwan, and an invasion could happen any day. I've identified 5 investments I believe are in immediate danger. But you can get out of them now - before it's too late.August 15, 2023 | msn.comBMO Capital Maintains Banco Latinoamericano De Comercio Exterior SA - Class E (BLX) Outperform RecommendationAugust 11, 2023 | seekingalpha.comBladex: A Speculative LatAm Play With Growth, Value, And MomentumJuly 21, 2023 | seekingalpha.comBanco Latinoamericano de Comercio Exterior, S. A. 2023 Q2 - Results - Earnings Call PresentationJuly 20, 2023 | finance.yahoo.comBLADEX ANNOUNCES QUARTERLY DIVIDEND PAYMENT FOR SECOND QUARTER 2023July 5, 2023 | finance.yahoo.comBladex's social and environmental commitment - Transforming plastic waste to rebuild a bridge in Puerto Caimito, PanamaJuly 3, 2023 | finance.yahoo.comBLADEX'S SECOND QUARTER 2023 CONFERENCE CALLJune 29, 2023 | msn.comBarclays Initiates Coverage of Banco Latinoamericano De Comercio Exterior SA - Class E (BLX) with Overweight RecommendationJune 15, 2023 | finance.yahoo.comThose who invested in Banco Latinoamericano de Comercio Exterior S. A (NYSE:BLX) three years ago are up 113%June 1, 2023 | msn.comBenzinga's Top Ratings Upgrades, Downgrades For June 1, 2023May 19, 2023 | finance.yahoo.comWith EPS Growth And More, Banco Latinoamericano de Comercio Exterior S. A (NYSE:BLX) Makes An Interesting CaseApril 27, 2023 | finance.yahoo.comBanco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) Q1 2023 Earnings Call TranscriptApril 24, 2023 | finance.yahoo.comBLADEX ANNOUNCES NEW BOARD MEMBER AND CANDIDATE FOR BOARD OF DIRECTORS AT THE 2023 ANNUAL GENERAL SHAREHOLDERS MEETINGApril 22, 2023 | finance.yahoo.comBanco Latinoamericano de Comercio Exterior S. A's (NYSE:BLX) Dividend Will Be $0.25April 21, 2023 | seekingalpha.comBanco Latinoamericano de Comercio Exterior, S. A. 2023 Q1 - Results - Earnings Call PresentationApril 20, 2023 | msn.comBanco Latinoamericano De Comercio Exterior SA - Class E (BLX) Declares $0.25 DividendApril 18, 2023 | finance.yahoo.comBLADEX ANNOUNCES NET PROFIT OF $37.0 MILLION OR $1.02 PER SHARE, EXPANDING ITS ANNUALIZED RETURN ON EQUITY TO 13.7% FOR 1Q23April 18, 2023 | finance.yahoo.comBLADEX ANNOUNCES QUARTERLY DIVIDEND PAYMENT FOR FIRST QUARTER 2023April 13, 2023 | finance.yahoo.comBanco Latinoamericano de Comercio Exterior, S. A.'s (NYSE:BLX) top owners are individual investors with 55% stake, while 38% is held by institutionsSee More Headlines Receive BLX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Banco Latinoamericano de Comercio Exterior, S. A. and its competitors with MarketBeat's FREE daily newsletter. Email Address BLX Company Calendar Last Earnings7/20/2023Ex-Dividend for 8/15 Dividend7/28/2023Dividend Payable8/15/2023Today9/29/2023Next Earnings (Estimated)11/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Commercial banks, not elsewhere classified Sub-IndustryDiversified Banks SectorFinance Current SymbolNYSE:BLX CUSIPP1699413 CIK890541 Webwww.bladex.com Phone507-210-8500Fax507-269-6333Employees52Year FoundedN/APrice Target and Rating Average Stock Price Forecast$37.50 High Stock Price Forecast$43.00 Low Stock Price Forecast$32.00 Forecasted Upside/Downside+76.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$3.63 Trailing P/E Ratio5.84 Forward P/E RatioN/A P/E GrowthN/ANet Income$92.04 million Net Margins24.18% Pretax Margin24.17% Return on Equity12.16% Return on Assets1.39% Debt Debt-to-Equity Ratio3.59 Current Ratio1.84 Quick Ratio1.84 Sales & Book Value Annual Sales$351.28 million Price / Sales2.19 Cash Flow$2.56 per share Price / Cash Flow8.29 Book Value$29.44 per share Price / Book0.72Miscellaneous Outstanding Shares36,330,000Free Float36,252,000Market Cap$770.56 million OptionableOptionable Beta1.20 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Jorge L. Salas (Age 52)Chief Exec. Officer Ms. Ana Graciela de Mendez (Age 56)Exec. VP & CFO Mr. Carlos Daniel Raad Baene (Age 42)Exec. VP, Head of Investor Relations & Chief Investor Relations Officer Mr. Jorge Luis Real (Age 50)Exec. VP, Chief Legal Officer & Sec. of the Board of Directors Mr. Alejandro Tizzoni (Age 45)Exec. VP & Chief Risk Officer Mr. Eduardo Vivone (Age 57)Exec. VP of Treasury & Capital Markets Ms. Monica CosulichSr. VP of Fin. & Investor RelationsMr. Olazhir Ledezma (Age 50)Exec. VP of Strategic Planning Ms. Adriana Lizzeth Diaz Forero (Age 38)Exec. VP & Chief Audit Officer Mr. Samuel Canineu (Age 40)Exec. VP & Chief Commercial Officer More ExecutivesKey CompetitorsPeapack-Gladstone FinancialNASDAQ:PGCEsquire FinancialNASDAQ:ESQBank of N.T. Butterfield & SonNYSE:NTBBanco MacroNYSE:BMAGrupo SupervielleNYSE:SUPVView All CompetitorsInstitutional OwnershipBeddow Capital Management Inc.Bought 5,825 shares on 8/8/2023Ownership: 1.170%Rhumbline AdvisersBought 2,200 shares on 8/8/2023Ownership: 0.122%LSV Asset ManagementBought 27,700 shares on 8/2/2023Ownership: 2.750%View All Institutional Transactions BLX Stock - Frequently Asked Questions Should I buy or sell Banco Latinoamericano de Comercio Exterior, S. A. stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Banco Latinoamericano de Comercio Exterior, S. A. in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BLX shares. View BLX analyst ratings or view top-rated stocks. What is Banco Latinoamericano de Comercio Exterior, S. A.'s stock price forecast for 2023? 2 Wall Street research analysts have issued 12-month price targets for Banco Latinoamericano de Comercio Exterior, S. A.'s shares. Their BLX share price forecasts range from $32.00 to $43.00. On average, they predict the company's stock price to reach $37.50 in the next year. This suggests a possible upside of 76.8% from the stock's current price. View analysts price targets for BLX or view top-rated stocks among Wall Street analysts. 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 30.9% and is now trading at $21.21. 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 decrease in short interest during the month of September. As of September 15th, there was short interest totaling 204,700 shares, a decrease of 15.0% from the August 31st total of 240,700 shares. Based on an average trading volume of 103,800 shares, the days-to-cover ratio is currently 2.0 days. Approximately 0.7% of the shares of the company are short sold. 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, November 1st 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) posted its quarterly earnings results on Thursday, July, 20th. The bank reported $1.02 earnings per share for the quarter. The bank earned $57.38 million during the quarter. Banco Latinoamericano de Comercio Exterior, S. A. had a trailing twelve-month return on equity of 12.16% and a net margin of 24.18%. 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. announced a quarterly dividend on Thursday, July 20th. Stockholders of record on Monday, July 31st will be given a dividend of $0.25 per share on Tuesday, August 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.71%. The ex-dividend date is Friday, July 28th. 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 4.63%. BLX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 27.55%. 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." 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 $21.21. 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 $770.56 million and generates $351.28 million in revenue each year. The bank earns $92.04 million in net income (profit) each year or $3.63 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 9/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Banco Latinoamericano de Comercio Exterior, S. A. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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