Banco Latinoamericano De Stock Price, News & Analysis

Bladex (BLX) has successfully coordinated a US$1.6 billion syndicated credit facility for Staatsolie, alongside Afreximbank and 16 other financial institutions. The facility will help finance Staatsolie's 20% stake in the GranMorgu offshore oil project in Suriname's Block 58. The project, operated by TotalEnergies, represents Suriname's largest project financing transaction to date. GranMorgu's recoverable resources exceed 750 million barrels, with production expected to start by mid-2028. The project features an innovative FPSO unit capable of producing 220,000 barrels per day. With capital investments of US$12 billion, the project is projected to generate over US$26 billion in revenue for Staatsolie and Suriname's government, create 6,000 jobs, and significantly boost the country's economic development.

Bladex (NYSE: BLX) has announced a quarterly cash dividend of $0.625 per share for the first quarter of 2025. The dividend will be paid on June 3, 2025 to stockholders of record as of May 16, 2025. The bank currently has 37,154,366.86 shares outstanding across all classes.

Bladex, headquartered in Panama, is a multinational bank established by central banks of Latin American and Caribbean countries. Founded in 1979, it operates offices in Argentina, Brazil, Colombia, Mexico, the United States, and maintains a Representative License in Peru. The bank has been listed on the NYSE since 1992 and focuses on promoting foreign trade and economic integration in the Latin American region.

Bladex (NYSE: BLX) reported strong Q1 2025 financial results with a net profit of $51.7 million ($1.40 per share), achieving a 15.4% annualized ROE. Total revenues increased 7% YoY to $77.9 million, driven by a 4% rise in Net Interest Income to $65.3 million and 12% growth in Fee Income to $10.6 million. The bank reached a new record Credit Portfolio of $11.95 billion (+22% YoY), with Commercial Portfolio at $10.69 billion (+23% YoY). Asset quality remained strong with 97.9% of credits in low-risk category. The bank maintained healthy capital ratios with Tier 1 Basel III at 15.1% and declared a quarterly dividend of $0.625 per share. Deposits reached an all-time high of $5.86 billion, representing 57% of total funding sources.

Bladex (BLX) and the Panama Canal have partnered to inaugurate an 81-meter pedestrian bridge in the Panama Canal Watershed, constructed from over 3 tons of recycled plastic. The bridge, built in collaboration with the Botellas de Amor Foundation, connects four communities and benefits over 300 people. This marks Bladex's second such bridge, following their first installation in Puerto Caimito, Panama in 2023.

The initiative is part of Bladex's ESG strategy and includes collection campaigns, environmental awareness initiatives, and volunteer activities. The project demonstrates how environmental challenges can be transformed into community solutions while protecting the crucial Panama Canal Watershed, which serves as a vital water source for both canal operations and local populations, connecting 170 countries through 180 maritime routes.

Bladex (NYSE: BLX) has announced its upcoming First Quarter 2025 earnings conference call scheduled for Tuesday, May 6, 2025, at 11:00 a.m. Eastern Time. The presentation will feature CEO Jorge Salas and CFO Annette van Hoorde de Solís discussing the company's Q1 2025 results.

The earnings release will be published on Monday, May 5, 2025, after market close, with materials being made available on the bank's corporate website along with the webcast presentation.

Bladex (NYSE: BLX) has announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the U.S. Securities and Exchange Commission (SEC). The 2024 Annual Report and audited financial statements are accessible through both the SEC's website and Bladex's official website.

Bladex is a multinational bank established by central banks of Latin-American and Caribbean countries in 1979, focusing on promoting foreign trade and economic integration in the region. Headquartered in Panama, the bank maintains offices in Argentina, Brazil, Colombia, Mexico, the United States, and holds a Representative License in Peru.

The bank has been listed on the NYSE since 1992, with a diverse shareholder base including central banks and state-owned entities from 23 Latin American countries, commercial banks, financial institutions, and both institutional and retail investors.

Bladex and Scotiabank have successfully closed a US$100 million syndicated green loan for EGE Haina, a leading sustainable energy generator in the Dominican Republic. The financing, announced on March 13, 2025, follows the Green Loan Principles (GLP) guidelines and will support EGE Haina's renewable energy assets platform development.

The loan aims to increase renewable energy's share in the Dominican Republic's energy matrix, supporting the company's growth strategy and the country's energy transition. EGE Haina operates a diversified portfolio including wind farms, solar plants, and efficient thermal generation facilities.

The financing adheres to guidelines from the Loan Market Association (LMA) and the Loan Syndications and Trading Association (LSTA), demonstrating both lending institutions' commitment to supporting sustainable projects and economic growth in the region.

Bladex (NYSE: BLX) has successfully led a USD 200 million syndicated loan for Inversiones CrediQ Business and its subsidiaries across Costa Rica, El Salvador, and Guatemala. The transaction, co-led with Banco Agrícola (Grupo Bancolombia), was oversubscribed by 1.52 times the initial USD 150 million target, attracting 13 financial institutions.

This second syndicated loan for CrediQ will refinance existing debt and extend maturity profiles in their operations across the three countries. The funding aims to support families, micro-entrepreneurs, and SMEs in Central America by facilitating vehicle acquisition financing, which is important for mobility and economic growth in the region.

Bladex (NYSE: BLX) reported record financial results for Q4 and full-year 2024, with historic net income of $206 million, up 24% year-over-year. The bank's commercial loan portfolio grew 18% to over $10 billion, while maintaining near-zero non-performing loans.

Key highlights include:

• Deposits reached $5.4 billion (54% of total funding), with 23% year-end growth
• Record fee income of $44 million, up 37% from 2023
• Letter of credit fees increased 24%
• Syndication fees rose 38%, with transactions exceeding $2.5 billion
• ROE reached 16.2%, up 153 basis points from 2023
• Efficiency ratio of 26.5%
• 25% increase in quarterly dividend

The bank plans to launch a digital trade finance platform in H2 2025.