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NYSE:BLX

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

Banco Latinoamericano de Comercio Exterior, S. A. logo
$34.42 +0.35 (+1.03%)
(As of 12/2/2024 ET)

About Banco Latinoamericano de Comercio Exterior, S. A. Stock (NYSE:BLX)

Key Stats

Today's Range
$33.69
$34.82
50-Day Range
$31.78
$35.18
52-Week Range
$22.93
$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

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.

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

See Top Rated MarketRank™ Stocks
86th Percentile Overall Score

BLX 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.

  • 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.

  • Read more about Banco Latinoamericano de Comercio Exterior, S. A.'s valuation and earnings.
  • 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 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.

  • Read more about Banco Latinoamericano de Comercio Exterior, S. A.'s dividend.
  • 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 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.
  • 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.

  • Read more about Banco Latinoamericano de Comercio Exterior, S. A.'s insider trading history.
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BLX Stock News Headlines

Bladex Announces CFO Transition to Annette van Hoorde
Could This Tiny Device Help You Make an Extra $30k a Year?
I believe it’s going to power Elon Musk’s next AI revolution… A revolution he believes will be worth more than $9 trillion. That’s nearly 10 times more money than the market caps of Tesla… SpaceX… PayPal… Neuralink… and X… COMBINED.
BLADEX ANUNCIA TRANSICIÓN DE VICEPRESIDENTE EJECUTIVA DE FINANZAS
Bladex gets new finance chief
BLADEX ANNOUNCES CHIEF FINANCIAL OFFICER TRANSITION
Banco Latinoamericano Reports Growth in Q3 2024
See More Headlines

BLX Stock Analysis - Frequently Asked Questions

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
.

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%.

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%).

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.

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

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
$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

Net Income
$166.16 million
Pretax Margin
24.28%

Debt

Sales & Book Value

Annual Sales
$274.21 million
Cash Flow
$4.68 per share
Book Value
$35.85 per share

Miscellaneous

Free Float
36,467,000
Market Cap
$1.26 billion
Optionable
Optionable
Beta
1.17
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This page (NYSE:BLX) was last updated on 12/3/2024 by MarketBeat.com Staff
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