Foreign Trade Bank of Latin America
BLX

$33

0.4%

Market Cap: 1.21B

About: Banco Latinoamericano de Comercio Exterior SA provides financial solutions to financial institutions, companies, and investors doing business in Latin America, supporting trade and regional integration across the region. The Bank provides foreign trade solutions to a select client base of premier Latin-American financial institutions and corporations and has developed a network of correspondent banking institutions with access to the international capital markets. It has two business segments the Commercial Business Segment and the Treasury Business Segment.

Employees: 268

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

0

News positive %

of 9 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 2 (+1) [Q1 2024]

50% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 2

8% more funds holding

Funds holding: 13 [Q4 2023] → 14 (+1) [Q1 2024]

1% less capital invested

Capital invested by funds: $63.5M [Q4 2023] → $63.1M (-$410K) [Q1 2024]

1.11% less ownership

Funds ownership: 6.57% [Q4 2023] → 5.46% (-1.11%) [Q1 2024]

20% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 5

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Research analyst outlook

We haven’t received any recent analyst ratings for BLX.

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Financial journalist opinion

Based on 9 articles about BLX published over the past 30 days

Bladex: Q2 2024 Keeps The Performance Trend, The Bank Is Still A Buy

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.

Bladex: Q2 2024 Keeps The Performance Trend, The Bank Is Still A Buy

Banco Latinoamericano de Comercio Exterior, S. A. (BLX) Q2 2024 Earnings Call Transcript

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX ) Q2 2024 Earnings Conference Call July 24, 2024 11:00 AM ET Company Participants Jorge Salas - Chief Executive Officer Ana Graciela de Mendez - Executive Vice President and Chief Financial Officer Samuel Canineu - Executive Vice President, Commercial Banking Conference Call Participants Inigo Vega - Jefferies Operator Good morning, ladies and gentlemen, and welcome to Bladex Second Quarter 2024 Earnings Conference Call.

Banco Latinoamericano de Comercio Exterior, S. A. (BLX) Q2 2024 Earnings Call Transcript

BLADEX ANNOUNCES QUARTERLY DIVIDEND PAYMENT FOR SECOND QUARTER 2024

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.

BLADEX ANNOUNCES QUARTERLY DIVIDEND PAYMENT FOR SECOND QUARTER 2024

Bladex announces 2Q24 Net Profit of $50.1 Million, or $1.36 per share; annualized return on equity of 16.2% in 2Q24

PANAMA CITY , July 23, 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 Second Quarter ("2Q24") and six months ("6M24") ended June 30, 2024.

Bladex announces 2Q24 Net Profit of $50.1 Million, or $1.36 per share; annualized return on equity of 16.2% in 2Q24

Zacks Investment Research

Banco Latinoamericano (BLX) is a Top Dividend Stock Right Now: Should You Buy?

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?

Banco Latinoamericano (BLX) is a Top Dividend Stock Right Now: Should You Buy?

Bladex's Second Quarter 2024 Conference Call

PANAMA CITY , July 19, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX) cordially invites you to participate in its upcoming conference call to discuss its 2Q24 results Date and time: Wednesday, July 24, 2024 11:00 a.m.

Bladex's Second Quarter 2024 Conference Call

Bladex selects CGI as partner for trade finance business evolution, enabled by the CGI Trade360® global technology platform

Stock Market Symbols GIB.A (TSX) GIB (NYSE) www.cgi.com/newsroom MONTRÉAL, July 18, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services firms in the world, and Bladex (NYSE: BLX), Banco Latinoamericano de Comercio Exterior, announced an agreement for the implementation of the CGI Trade360® trade technology platform. Bladex will become the first bank headquartered in Latin America to implement the CGI Trade360® platform, an award-winning software-as-a-service (SaaS) platform utilized by global banks to support trade finance in over 85 countries across Asia, Europe, North America and Oceania.

Bladex selects CGI as partner for trade finance business evolution, enabled by the CGI Trade360® global technology platform

Bladex Selects CGI as Partner for Trade Finance Business Evolution, Enabled by the CGI Trade360® Global Technology Platform

PANAMA CITY , July 18, 2024 /PRNewswire/ -- Bladex - Banco Latinoamericano de Comercio Exterior (NYSE: BLX) and CGI (TSX: GIB.A) (NYSE: GIB), one of the world's largest independent business and IT consulting firms, announced an agreement for the implementation of the CGI Trade360 trade technology platform. Bladex will become the first bank headquartered in Latin America to implement the CGI Trade360 platform, an award-winning software-as-a-service (SaaS) platform utilized by global banks to support trade finance in over 85 countries across Asia, Europe, North America, and Oceanias.

Bladex Selects CGI as Partner for Trade Finance Business Evolution, Enabled by the CGI Trade360® Global Technology Platform

Bladex Acts as Joint Lead Arranger and Bookrunner for Interceramic US$665mm Syndicated Loan Facility

PANAMA CITY , June 27, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior ("Bladex", or "the Bank", NYSE: BLX) announced today the successful structuring of a syndicated loan for US$665 million, consisting of a US$600 million tranche for 12 months and a US$65 million revolving line for 3 years (the "Facility") for Internacional de Cerámica, SAB de CV. ("Interceramic" or "the Company").

Bladex Acts as Joint Lead Arranger and Bookrunner for Interceramic US$665mm Syndicated Loan Facility

Bladex leads successful syndication of a US$100 million 3-Year Senior Unsecured Facility for Banco Promerica, S.A.

PANAMA CITY , June 13, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or "the Bank"; NYSE: BLX) announced the recent closing of a US$100 million three-year syndicated facility (the "Facility") in favor of the Guatemalan bank Banco Promerica, S.A.

Bladex leads successful syndication of a US$100 million 3-Year Senior Unsecured Facility for Banco Promerica, S.A.

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