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S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
Sell every Stock except ONE (Ad)
UK travelers face hours-long waits for ferries to France
'War of the states': EV, chip makers lavished with subsidies
The "King Of Quants" sees 10X potential... (Ad)
Gas prices increase in NJ, around nation amid higher demand
Lanterns and crescents: more retailers court Ramadan buyers
The "King Of Quants" sees 10X potential... (Ad)
Shipbuilder Austal executives accused of inflating earnings
No more room for vroom? Paris votes on banishing e-scooters
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
Sell every Stock except ONE (Ad)
UK travelers face hours-long waits for ferries to France
'War of the states': EV, chip makers lavished with subsidies
The "King Of Quants" sees 10X potential... (Ad)
Gas prices increase in NJ, around nation amid higher demand
Lanterns and crescents: more retailers court Ramadan buyers
The "King Of Quants" sees 10X potential... (Ad)
Shipbuilder Austal executives accused of inflating earnings
No more room for vroom? Paris votes on banishing e-scooters
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
Sell every Stock except ONE (Ad)
UK travelers face hours-long waits for ferries to France
'War of the states': EV, chip makers lavished with subsidies
The "King Of Quants" sees 10X potential... (Ad)
Gas prices increase in NJ, around nation amid higher demand
Lanterns and crescents: more retailers court Ramadan buyers
The "King Of Quants" sees 10X potential... (Ad)
Shipbuilder Austal executives accused of inflating earnings
No more room for vroom? Paris votes on banishing e-scooters
NYSE:BLX

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

$17.38
+0.18 (+1.05%)
(As of 03/31/2023 12:00 AM ET)
Add
Compare
Today's Range
$17.21
▼
$17.44
50-Day Range
$16.30
▼
$19.08
52-Week Range
$12.58
▼
$19.17
Volume
101,307 shs
Average Volume
124,888 shs
Market Capitalization
$629.69 million
P/E Ratio
6.87
Dividend Yield
5.75%
Price Target
N/A

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

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.63% 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.

1.78 out of 5 stars

Finance Sector

771st out of 878 stocks

Commercial Banks, Not Elsewhere Classified Industry

32nd out of 34 stocks

See Top Rated MarketRank™ Stocks Here

BLX stock logo

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

March 10, 2023 | finance.yahoo.com
Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) Q4 2022 Earnings Call Transcript
March 1, 2023 | msn.com
Banco Latinoamericano de Comercio Exterior (BLX) Declares $0.25 Dividend
April 2, 2023 | Vantage Point (Ad)
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February 27, 2023 | finance.yahoo.com
BLADEX ANNOUNCES NET PROFIT OF $31.0 MILLION FOR 4Q22, EXPANDING QUARTERLY ANNUALIZED ROE TO 11.6%, REACHING NET PROFIT OF $92 MILLION AND ROE OF 8.9% FOR FULL-YEAR 2022
February 27, 2023 | finance.yahoo.com
BLADEX ANNOUNCES QUARTERLY DIVIDEND PAYMENT FOR FOURTH QUARTER 2022
February 14, 2023 | msn.com
Banco Latinoamericano declares CAD 0.165 dividend
January 5, 2023 | morningstar.com
Banco Latinoamericano de Comercio Exterior SA Class E BLX Stock Quote
December 27, 2022 | finance.yahoo.com
Bladex successfully leads the first syndication for Banco Guayaquil S.A. for US$89,000,000 3-year Senior Unsecured Amortizing Facility
April 2, 2023 | Legacy Research (Affiliate) (Ad)
"Prepare for Five Years of Famine"
Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast.
December 27, 2022 | finance.yahoo.com
Investors in Banco Latinoamericano de Comercio Exterior S. A (NYSE:BLX) have unfortunately lost 17% over the last five years
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
See More Headlines
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BLX Company Calendar

Last Earnings
10/28/2021
Ex-Dividend for 3/28 Dividend
3/09/2023
Dividend Payable
3/28/2023
Today
4/02/2023
Next Earnings (Estimated)
5/03/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

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)
$2.53
Trailing P/E Ratio
6.87
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$92.04 million
Net Margins
26.20%
Pretax Margin
27.74%
Return on Equity
8.89%
Return on Assets
1.02%

Debt

Debt-to-Equity Ratio
4.13
Current Ratio
2.50
Quick Ratio
1.01

Sales & Book Value

Annual Sales
$166.67 million
Price / Sales
3.78
Cash Flow
$2.64 per share
Price / Cash Flow
6.59
Book Value
$29.51 per share
Price / Book
0.59

Miscellaneous

Outstanding Shares
36,231,000
Free Float
36,159,000
Market Cap
$629.69 million
Optionable
Optionable
Beta
1.15

Key Executives

  • Mr. Jorge L. Salas (Age 52)
    Chief Exec. Officer
  • Ms. Ana Graciela de Mendez (Age 56)
    Exec. VP & CFO
  • Ms. Erica Lijtztain (Age 51)
    Exec. VP & COO
  • Mr. Carlos Daniel Raad Baene
    Exec. VP, Head of Investor Relations & Chief Investor Relations Officer
  • Mr. Jorge Luis Real (Age 49)
    Exec. VP, Chief Legal Officer & Corp. Sec.
  • Mr. Alejandro Tizzoni (Age 45)
    Exec. VP & Chief Risk Officer
  • Ms. Monica Cosulich
    Sr. VP of Fin. & Investor Relations
  • Mr. Olazhir Ledezma (Age 51)
    Exec. VP of Strategic Planning
  • Ms. Adriana Lizzeth Diaz Forero (Age 39)
    Exec. VP & Chief Audit Officer
  • Mr. Samuel Canineu (Age 41)
    Exec. VP & Chief Commercial Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions













BLX Stock - Frequently Asked Questions

How have BLX shares performed in 2023?

Banco Latinoamericano de Comercio Exterior, S. A.'s stock was trading at $16.20 at the beginning of 2023. Since then, BLX stock has increased by 7.3% and is now trading at $17.38.
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 increase in short interest during the month of March. As of March 15th, there was short interest totaling 193,700 shares, an increase of 9.5% from the February 28th total of 176,900 shares. Based on an average daily volume of 98,800 shares, the days-to-cover ratio is presently 2.0 days. Approximately 0.6% of the shares of the company 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 Wednesday, May 3rd 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 data on Thursday, October, 28th. The bank reported $0.42 earnings per share for the quarter, topping analysts' consensus estimates of $0.41 by $0.01. The bank had revenue of $26.83 million for the quarter. Banco Latinoamericano de Comercio Exterior, S. A. had a trailing twelve-month return on equity of 8.89% and a net margin of 26.20%.

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 Monday, February 27th. Investors of record on Friday, March 10th will be paid a dividend of $0.25 per share on Tuesday, March 28th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 5.75%. The ex-dividend date is Thursday, March 9th.
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 5.81%. BLX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 39.53%. 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 $17.38.

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 $629.69 million and generates $166.67 million in revenue each year. The bank earns $92.04 million in net income (profit) each year or $2.53 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 4/2/2023 by MarketBeat.com Staff