NYSE:BLX - Banco Latinoamericano de Comerci Extr Stock Price, News, & Analysis

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$19.61 +0.38 (+1.98 %)
(As of 03/25/2019 04:00 PM ET)
Previous Close$19.23
Today's Range$19.1950 - $19.67
52-Week Range$15.31 - $29.95
Volume74,176 shs
Average Volume101,128 shs
Market Capitalization$775.34 million
P/E Ratio70.04
Dividend Yield8.01%
Beta1.34
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.

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Industry, Sector and Symbol

Industry Commercial banks, not elsewhere classified
Sub-IndustryDiversified Banks
SectorFinance
CUSIPP1699413
Phone507-210-8500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$276.34 million
Cash Flow$0.3507 per share
Book Value$25.13 per share

Profitability

Net Income$11.14 million

Miscellaneous

EmployeesN/A
Market Cap$775.34 million
Next Earnings Date4/19/2019 (Estimated)
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 Thursday, February 28th. Shareholders of record on Monday, March 11th will be paid a dividend of $0.385 per share on Tuesday, March 26th. This represents a $1.54 annualized dividend and a yield of 7.85%. The ex-dividend date of this dividend is Friday, March 8th. 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 data on Thursday, February, 28th. The bank reported $0.52 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.43 by $0.09. Banco Latinoamericano de Comerci Extr had a net margin of 4.05% and a return on equity of 6.99%. View Banco Latinoamericano de Comerci Extr's Earnings History.

When is Banco Latinoamericano de Comerci Extr's next earnings date?

Banco Latinoamericano de Comerci Extr is scheduled to release their next quarterly earnings announcement on Friday, April 19th 2019. View Earnings Estimates for Banco Latinoamericano de Comerci Extr.

What price target have analysts set for BLX?

4 Wall Street analysts have issued 12-month target prices for Banco Latinoamericano de Comerci Extr's stock. Their predictions range from $21.00 to $23.00. On average, they anticipate Banco Latinoamericano de Comerci Extr's share price to reach $22.00 in the next twelve months. This suggests a possible upside of 12.2% 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?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Banco Latinoamericano de Comerci Extr in the last year. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Banco Latinoamericano de Comerci Extr.

Has Banco Latinoamericano de Comerci Extr been receiving favorable news coverage?

News articles about BLX stock have been trending somewhat negative this week, InfoTrie Sentiment reports. The research group ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded 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 media sentiment score of -1.1 on InfoTrie's scale. They also gave news headlines about the bank a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the next few days.

Who are some of Banco Latinoamericano de Comerci Extr's key competitors?

What other stocks do shareholders of Banco Latinoamericano de Comerci Extr own?

Who are Banco Latinoamericano de Comerci Extr's key executives?

Banco Latinoamericano de Comerci Extr's management team includes the folowing people:
  • Mr. Gonzalo S. Menéndez Duque, Chairman (Age 70)
  • Mr. Natalio Gabriel Tolchinsky, CEO & Director (Age 57)
  • Mr. Gonzalo Menéndez Duque, Chairman (Age 69)
  • Ms. Ana Graciela de Mendez, Exec. VP & CFO (Age 52)
  • Ms. Erica Lijtztain, Exec. VP & COO (Age 47)

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 (6.04%), LSV Asset Management (4.29%), Lee Danner & Bass Inc. (1.52%), Motley Fool Wealth Management LLC (1.17%), Beddow Capital Management Inc. (0.54%) and Uniplan Investment Counsel Inc. (0.41%).

Which major investors are selling Banco Latinoamericano de Comerci Extr stock?

BLX stock was sold by a variety of institutional investors in the last quarter, including LSV Asset Management, Beddow Capital Management Inc., Estabrook Capital Management, Lee Danner & Bass Inc. and Uniplan Investment Counsel Inc..

Which major investors are buying Banco Latinoamericano de Comerci Extr stock?

BLX stock was bought by a variety of institutional investors in the last quarter, including Paradice Investment Management LLC, Rhumbline Advisers and Motley Fool Wealth Management LLC.

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 $19.61.

How big of a company is Banco Latinoamericano de Comerci Extr?

Banco Latinoamericano de Comerci Extr has a market capitalization of $775.34 million and generates $276.34 million in revenue each year. The bank earns $11.14 million in net income (profit) each year or $0.28 on an earnings per share basis.

What is Banco Latinoamericano de Comerci Extr's official website?

The official website for Banco Latinoamericano de Comerci Extr is http://www.bladex.com.

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)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  206 (Vote Outperform)
Underperform Votes:  317 (Vote Underperform)
Total Votes:  523
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.
This page was last updated on 3/25/2019 by MarketBeat.com Staff

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