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
Stock Exchange NYSE
Industry Commercial banks, not elsewhere classified
Sub-IndustryDiversified Banks
SectorFinance
Current SymbolNYSE:BLX
Previous Symbol
CUSIPP1699413
Phone507-210-8500
Debt
Debt-to-Equity Ratio1.44
Current Ratio1.59
Quick Ratio1.59
Price-To-Earnings
Trailing P/E Ratio7.79
Forward P/E Ratio90.06
P/E GrowthN/A
Sales & Book Value
Annual Sales$244.58 million
Price / Sales2.62
Cash Flow$2.0755 per share
Price / Cash Flow7.81
Book Value$26.49 per share
Price / Book0.61
Profitability
EPS (Most Recent Fiscal Year)$2.08
Net Income$81.99 million
Net Margins4.29%
Return on Equity6.89%
Return on Assets1.14%
Miscellaneous
Employees193
Outstanding Shares39,540,000
Market Cap$661.87 million
OptionableOptionable
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 Tuesday, October 23rd. Shareholders of record on Tuesday, November 6th will be paid a dividend of $0.385 per share on Tuesday, November 20th. This represents a $1.54 dividend on an annualized basis and a yield of 9.51%. The ex-dividend date of this dividend is Monday, November 5th. 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) issued its quarterly earnings results on Thursday, October, 25th. The bank reported ($1.03) EPS for the quarter, missing the consensus estimate of $0.51 by $1.54. The bank earned $29.70 million during the quarter, compared to analysts' expectations of $36.59 million. Banco Latinoamericano de Comerci Extr had a return on equity of 6.89% and a net margin of 4.29%. 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?
2 brokers have issued 1-year price targets for Banco Latinoamericano de Comerci Extr's stock. Their forecasts range from $21.00 to $28.00. On average, they expect Banco Latinoamericano de Comerci Extr's stock price to reach $24.50 in the next year. This suggests a possible upside of 51.2% from the stock's current price. View Analyst Price Targets for Banco Latinoamericano de Comerci Extr.
What is the consensus analysts' recommendation for Banco Latinoamericano de Comerci Extr?
Has Banco Latinoamericano de Comerci Extr been receiving favorable news coverage?
Media coverage about BLX stock has been trending somewhat positive recently, InfoTrie reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Banco Latinoamericano de Comerci Extr earned a daily sentiment score of 2.0 on InfoTrie's scale. They also assigned news articles about the bank a news buzz of 8.0 out of 10, indicating that recent news coverage is very likely to have an impact on the company's share price in the next several days.
Who are some of Banco Latinoamericano de Comerci Extr's key competitors?
Some companies that are related to Banco Latinoamericano de Comerci Extr include BBVA Banco Frances (BFR), GRUPO AVAL ACCI/S (AVAL), Metro Bank (MBNKF), Bank of N.T. Butterfield & Son (NTB), Opus Bank (OPB), Grupo Supervielle (SUPV), Peapack-Gladstone Financial (PGC), American Business Bank (AMBZ), Bco Com Portugues (BPCGY), Esquire Financial (ESQ), Mainstreet Bank Common Stock (Virginia) (MNSB), Avidbank (AVBH), Idaho Independent Bank (IIBK), 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)
Who are Banco Latinoamericano de Comerci Extr's major shareholders?
Banco Latinoamericano de Comerci Extr's stock is owned by a number of of institutional and retail investors. Top institutional investors include Paradice Investment Management LLC (5.87%), Motley Fool Wealth Management LLC (1.14%), Uniplan Investment Counsel Inc. (0.42%), Estabrook Capital Management (0.27%) and American International Group Inc. (0.05%).
Which institutional investors are selling Banco Latinoamericano de Comerci Extr stock?
BLX stock was sold by a variety of institutional investors in the last quarter, including Uniplan Investment Counsel Inc. and Estabrook Capital Management.
Which institutional investors are buying Banco Latinoamericano de Comerci Extr stock?
BLX stock was acquired by a variety of institutional investors in the last quarter, including Paradice Investment Management LLC, Motley Fool Wealth Management LLC and American International Group Inc..
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 $16.20.
How big of a company is Banco Latinoamericano de Comerci Extr?
Banco Latinoamericano de Comerci Extr has a market capitalization of $661.87 million 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 193 workers across the globe.
What is Banco Latinoamericano de Comerci Extr's official website?
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 (NYSE 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.
