Profile
Sector:
Financial ServicesIndustry:
Banks - RegionalCountry:
PanamaIPO:
24 September 1992Website:
http://www.bladex.comNext earnings report:
21 February 2025Last dividends:
05 August 2024Next dividends:
08 November 2024Price
after hours | Fri, 01 Nov 2024 23:15:09 GMTAnalysts recommendations
Institutional Ownership
BLX Latest News
Bladex results are in line with continued growth in assets and flat spreads. However, the bank has warned of increasing competition. The company is expecting to grow its fee-based revenues, to reduce exposure to spread and interest rate risk. The bank offers a yield of more than 15%, at the same time as it grows its loan book at mid-teens. This seems very attractive.
PANAMA CITY , Oct. 29, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX, "Bladex", or "the Bank"), a Panama-based multinational bank originally established by the central banks of 23 Latin-American and Caribbean countries to promote foreign trade and economic integration in the Region, announced today its results for the Third Quarter ("3Q24") and nine months ("9M24") ended September 30, 2024.
PANAMA CITY , Oct. 29, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank"), announced today its Board of Directors' approval of a quarterly cash dividend of US$0.50 per share corresponding to the third quarter of 2024.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Banco Latinoamericano (BLX) have what it takes?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Banco Latinoamericano (BLX) have what it takes?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Banco Latinoamericano (BLX) have what it takes?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Banco Latinoamericano (BLX) have what it takes?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Banco Latinoamericano (BLX) have what it takes?
Bladex reported strong 2Q24 results with continued growth in book size, income, and fees. The bank's efficiency ratio is below 25%, making it one of the most efficient globally. Main risk is a global recession affecting Latin American trade patterns, but the stock remains attractive with a Buy rating.
PANAMA CITY , July 23, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank"), announced today its Board of Directors' approval of a quarterly cash dividend of US$0.50 per share corresponding to the second quarter of 2024.
What type of business is Banco Latinoamericano de Comercio Exterior S A?
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 in two segments, Commercial and Treasury. It offers bilateral loans; structured loans including syndicated and clubbed, such as acquisition and pre-export financing, A/B loan financing, bridge loans, and liability management; and project financing. The company also provides letter of credit comprising import and export letters of credit, and credit discounting and financing, as well as usance payable at sight; stand-by services; bank guarantees, including first demand and local guarantees; import and export documentary collection; irrevocable reimbursement undertaking; and canal tolls. In addition, it offers liquidity and investment solutions, such as time deposits, DDA accounts, Yankee certificate of deposits, and EMTN private placement services, as well as supply chain finance services. The company primarily serves financial institutions, corporations, and sovereigns and state-owned entities. Banco Latinoamericano de Comercio Exterior, S. A.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. The company was founded in 1975 and is headquartered in Panama City, the Republic of Panama.
What sector is Banco Latinoamericano de Comercio Exterior S A in?
Banco Latinoamericano de Comercio Exterior S A is in the Financial Services sector
What industry is Banco Latinoamericano de Comercio Exterior S A in?
Banco Latinoamericano de Comercio Exterior S A is in the Banks - Regional industry
What country is Banco Latinoamericano de Comercio Exterior S A from?
Banco Latinoamericano de Comercio Exterior S A is headquartered in Panama
When did Banco Latinoamericano de Comercio Exterior S A go public?
Banco Latinoamericano de Comercio Exterior S A initial public offering (IPO) was on 24 September 1992
What is Banco Latinoamericano de Comercio Exterior S A website?
https://www.bladex.com
Is Banco Latinoamericano de Comercio Exterior S A in the S&P 500?
No, Banco Latinoamericano de Comercio Exterior S A is not included in the S&P 500 index
Is Banco Latinoamericano de Comercio Exterior S A in the NASDAQ 100?
No, Banco Latinoamericano de Comercio Exterior S A is not included in the NASDAQ 100 index
Is Banco Latinoamericano de Comercio Exterior S A in the Dow Jones?
No, Banco Latinoamericano de Comercio Exterior S A is not included in the Dow Jones index
When was Banco Latinoamericano de Comercio Exterior S A the previous earnings report?
No data
When does Banco Latinoamericano de Comercio Exterior S A earnings report?
The next expected earnings date for Banco Latinoamericano de Comercio Exterior S A is 21 February 2025