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
Industry Commercial banks, not elsewhere classified
Sub-IndustryDiversified Banks
SectorFinance
Phone507-210-8500
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$244.58 million
Profitability
Miscellaneous
Employees193
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 announced a quarterly dividend on Tuesday, October 23rd. Shareholders of record on Tuesday, November 6th will be given a dividend of $0.385 per share on Tuesday, November 20th. This represents a $1.54 annualized dividend and a yield of 8.41%. The ex-dividend date 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 data on Thursday, October, 25th. The bank reported ($1.03) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.51 by $1.54. The bank earned $29.70 million during the quarter, compared to the consensus estimate of $36.59 million. Banco Latinoamericano de Comerci Extr had a net margin of 4.29% and a return on equity of 6.89%. 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?
3 brokerages have issued twelve-month price objectives for Banco Latinoamericano de Comerci Extr's shares. Their forecasts range from $21.00 to $28.00. On average, they anticipate Banco Latinoamericano de Comerci Extr's stock price to reach $24.00 in the next twelve months. This suggests a possible upside of 31.1% 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?
3 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 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 coverage about BLX stock has been trending very positive this week, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Banco Latinoamericano de Comerci Extr earned a media sentiment score of 3.4 on InfoTrie's scale. They also assigned media stories about the bank a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term.
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), Metro Bank (MBNKF), GRUPO AVAL ACCI/S (AVAL), 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), MFC Bancorp (MFCB) and ST BK CORP/SH SH (SBAZ).
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 57)
- Ms. Ana Graciela de Mendez, Exec. VP & CFO (Age 52)
- Ms. Erica Lijtztain, Exec. VP & COO (Age 47)
- 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 46)
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 $18.31.
How big of a company is Banco Latinoamericano de Comerci Extr?
Banco Latinoamericano de Comerci Extr has a market capitalization of $723.94 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.
