NYSE:BLX

Banco Latinoamericano de Comercio Exterior, S. A. - BLX Stock Forecast, Price & News

$16.28

-0.24 (-1.45%)

(As of 12/2/2022 12:00 AM ET)

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Today's Range: $16.10
▼
$16.45
50-Day Range: $13.06
▼
$16.56
52-Week Range: $12.58
▼
$17.41

Volume: 40,978 shs
Average Volume: 98,119 shs
Market Capitalization: $589.84 million

P/E Ratio: 7.33
Dividend Yield: 6.05%
Price Target: N/A

Banco Latinoamericano de Comercio Exterior, S. A. MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.79% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -0.15
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.38 out of 5 stars

Finance Sector

419th out of 910 stocks

Commercial Banks, Not Elsewhere Classified Industry

20th out of 36 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Banco Latinoamericano de Comercio Exterior, S. A..

5.0

Short Interest

Percentage of Shares Shorted
0.79% 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 2.8, 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 decreased by 20.34%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Leadership
Banco Latinoamericano de Comercio Exterior, S. A. is a leading dividend payer. It pays a dividend yield of 6.05%, 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 45.05%. This payout ratio is at a healthy, sustainable level, below 75%.

2.6

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Banco Latinoamericano de Comercio Exterior, S. A. has received a 17.29% net impact score from Upright. Banco Latinoamericano seems to create the most significant positive value in categories "Taxes", "Societal infrastructure", and "Jobs". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Development loans for corporations", "Installment loans for corporations", and "Invoice financing services" products. See details.
Environmental Sustainability
The Environmental Impact score for Banco Latinoamericano de Comercio Exterior, S. A. is -0.15.

2.8

News and Social Media Coverage

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 higher news sentiment than the 0.59 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 1 article on an average week.
Search Interest
6 people have searched for BLX on MarketBeat in the last 30 days. This is an increase of 200% 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.

0.0

Company Ownership

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 6.97% of the stock of Banco Latinoamericano de Comercio Exterior, S. A. is held by institutions.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Banco Latinoamericano de Comercio Exterior, S. A. is 7.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.08.
Price to Earnings Ratio vs. Sector
The P/E ratio of Banco Latinoamericano de Comercio Exterior, S. A. is 7.33, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 180.73.
Price to Book Value per Share Ratio
Banco Latinoamericano de Comercio Exterior, S. A. has a P/B Ratio of 0.56. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

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 loans, structured and syndicated credits, and loan commitments; financial guarantee contracts, such as issued and confirmed letters of credit, and stand-by letters of credit; and guarantees covering commercial risk and other assets, as well as co-financing arrangements, underwriting of syndicated credit facilities, structured trade financing in the form of factoring and vendor financing, and financial leasing. The company also provides treasury solutions, including term deposits and private placements. It primarily serves financial institutions, corporations, and sovereigns and state-owned entities. 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.

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BLX Stock News Headlines

November 21, 2022 | finance.yahoo.com

Bladex enters into a strategic alliance with TradeAssets, spurring digitalization and access to Trade Finance

November 16, 2022 | finance.yahoo.com

Banco Latinoamericano de Comercio Exterior S. A Third Quarter 2022 Earnings: EPS: US$0.74 (vs US$0.41 in 3Q 2021)

November 10, 2022 | finance.yahoo.com

Bladex enters into a strategic alliance with Komgo, driving innovation in trade finance solutions

November 7, 2022 | seekingalpha.com

Bladex Could Return 20% On Its Current Share Price

November 5, 2022 | finance.yahoo.com

Banco Latinoamericano de Comercio Exterior S. A (NYSE:BLX) Is Paying Out A Dividend Of $0.25

November 2, 2022 | seekingalpha.com

Banco Latinoamericano de Comercio Exterior, S. A. (BLX) Q3 2022 Earnings Call Transcript

November 1, 2022 | finance.yahoo.com

Bladex successfully leads the fourth syndication for Favorita Fruit Co with a US$130,000,000 7-year Senior Secured Amortizing Facility

October 25, 2022 | finance.yahoo.com

BLADEX'S THIRD QUARTER 2022 CONFERENCE CALL

October 9, 2022 | finance.yahoo.com

Banco Latinoamericano de Comercio Exterior, S. A.'s (NYSE:BLX) top owners are individual investors with 52% stake, while41% is held by institutions

September 20, 2022 | seekingalpha.com

BLX Banco Latinoamericano de Comercio Exterior, S. A.

September 15, 2022 | finance.yahoo.com

BLADEX TO HOST VIRTUAL INVESTOR DAY ON NOVEMBER 14, 2022

September 9, 2022 | morningstar.com

Banco Latinoamericano de Comercio Exterior SA Class E

August 31, 2022 | seekingalpha.com

Bladex: 7% Yield And Dramatic Mispricing At This Trade Bank

August 30, 2022 | finance.yahoo.com

BLADEX ANNOUNCES NEW BOND ISSUANCE IN MEXICO

August 9, 2022 | nasdaq.com

Banco Latinoamericano de Comercio Exterior S. A (NYSE:BLX) Will Pay A Dividend Of $0.25

August 7, 2022 | seekingalpha.com

Banco Latinoamericano de Comercio Exterior, S. A. 2022 Q2 - Results - Earnings Call Presentation

August 5, 2022 | seekingalpha.com

Banco Latinoamericano de Comercio Exterior, S. A. (BLX) CEO Jorge Salas on Q2 2022 Results - Earnings Call Transcript

August 3, 2022 | finance.yahoo.com

BLADEX ANNOUNCES QUARTERLY DIVIDEND PAYMENT FOR SECOND QUARTER 2022

July 26, 2022 | finance.yahoo.com

BLADEX'S SECOND QUARTER 2022 CONFERENCE CALL

July 10, 2022 | finance.yahoo.com

The past five years for Banco Latinoamericano de Comercio Exterior S. A (NYSE:BLX) investors has not been profitable

June 23, 2022 | finance.yahoo.com

BLADEX ANNOUNCES THE APPOINTMENT OF NEW EXECUTIVE VICE PRESIDENT OF INVESTOR RELATIONS

June 11, 2022 | seekingalpha.com

Bladex Is Even Cheaper Than Last Year

May 7, 2022 | finance.yahoo.com

Banco Latinoamericano de Comercio Exterior S. A (NYSE:BLX) Will Pay A Dividend Of US$0.25

May 4, 2022 | seekingalpha.com

Banco Latinoamericano de Comercio Exterior, S.A (BLX) CEO Jorge Salas on Q1 2022 Results - Earnings Call Transcript

May 4, 2022 | finance.yahoo.com

BLADEX ANNOUNCES QUARTERLY DIVIDEND PAYMENT FOR FIRST QUARTER 2022

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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BLX Company Calendar

Last Earnings: 10/28/2021
Ex-Dividend for 11/30 Dividend: 11/10/2022
Dividend Payable: 11/30/2022
Today: 12/03/2022
Fiscal Year End: 12/31/2022
Next Earnings (Estimated): 2/28/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Commercial banks, not elsewhere classified
Sub-Industry: Diversified Banks
Sector: Finance
Current Symbol: NYSE:BLX
CUSIP: P1699413
CIK: 890541
Web: www.bladex.com
Phone: 507-210-8500
Fax: 507-269-6333
Employees: 52
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $2.22
Trailing P/E Ratio: 7.33
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $62.70 million
Net Margins: 31.10%
Pretax Margin: 31.10%
Return on Equity: 7.98%
Return on Assets: 0.93%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.01
Quick Ratio: 1.01

Sales & Book Value

Annual Sales: $158.31 million
Price / Sales: 3.73
Cash Flow: $1.80 per share
Price / Cash Flow: 9.03
Book Value: $28.95 per share
Price / Book: 0.56

Miscellaneous

Outstanding Shares: 36,231,000
Free Float: 36,159,000
Market Cap: $589.84 million
Optionable: Optionable
Beta: 1.21

Key Executives

Mr. Jorge L. Salas (Age 51)
Chief Exec. Officer

Ms. Ana Graciela de Mendez (Age 55)
Exec. VP & CFO

Ms. Erica Lijtztain (Age 50)
Exec. VP & COO

Mr. Carlos Daniel Raad Baene
Exec. VP, Head of Investor Relations & Chief Investor Relations Officer

Mr. Jorge Luis Real (Age 48)
Exec. VP, Chief Legal Officer & Corp. Sec.

Mr. Alejandro Tizzoni (Age 44)
Exec. VP & Chief Risk Officer

Ms. Monica Cosulich
Sr. VP of Fin. & Investor Relations

Mr. 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

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

BLX Stock - Frequently Asked Questions

How have BLX shares performed in 2022?: Banco Latinoamericano de Comercio Exterior, S. A.'s stock was trading at $16.60 on January 1st, 2022. Since then, BLX stock has decreased by 1.9% and is now trading at $16.28.
View the best growth stocks for 2022 here.
Are investors shorting Banco Latinoamericano de Comercio Exterior, S. A.?: Banco Latinoamericano de Comercio Exterior, S. A. saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 242,800 shares, a decrease of 20.3% from the October 31st total of 304,800 shares. Based on an average daily volume of 86,100 shares, the short-interest ratio is currently 2.8 days. Currently, 0.8% of the shares of the stock are sold short.
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 Tuesday, February 28th 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, October, 28th. The bank reported $0.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.41 by $0.01. The bank earned $26.83 million during the quarter. Banco Latinoamericano de Comercio Exterior, S. A. had a trailing twelve-month return on equity of 7.98% and a net margin of 31.10%.
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 Tuesday, November 1st. Stockholders of record on Monday, November 14th will be paid a dividend of $0.25 per share on Wednesday, November 30th. This represents a $1.00 dividend on an annualized basis and a yield of 6.14%. The ex-dividend date of this dividend is Thursday, November 10th.
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 6.05%. BLX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 45.05%. 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."
Who are Banco Latinoamericano de Comercio Exterior, S. A.'s major shareholders?: Banco Latinoamericano de Comercio Exterior, S. A.'s stock is owned by a variety of institutional and retail investors. Top institutional investors include LSV Asset Management (2.64%), Lee Danner & Bass Inc. (1.01%), Thomas White International Ltd. (0.76%), Uniplan Investment Counsel Inc. (0.34%) and Seizert Capital Partners LLC (0.05%).
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 $16.28.
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 $589.84 million and generates $158.31 million in revenue each year. The bank earns $62.70 million in net income (profit) each year or $2.22 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 12/3/2022 by MarketBeat.com Staff

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Banco Latinoamericano de Comercio Exterior, S. A. - BLX Stock Forecast, Price & News

Banco Latinoamericano de Comercio Exterior, S. A. MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month