Bladex announces Net Profit of $63.2 Million for the Third Quarter 2026

Higher revenue and portfolio growth accompanied increased impairment losses, while quarterly earnings per share were unchanged year over year.

Rhea-AI Summary

Bladex (NYSE: BLX) reported third-quarter 2026 net profit of $63.2 million, up 15% year over year but down 5% sequentially. Earnings per share were $1.48, unchanged year over year. Revenue rose 20% to $99.1 million, with net interest income up 18% to $79.8 million. Nine-month profit increased 9% to $186.0 million.

The credit portfolio reached $16,584 million, up 35% year over year, while deposits grew 16% to $7,912 million. Impairment losses totaled $10.4 million versus $6.5 million a year earlier, and operating expenses increased to $25.6 million from $21.3 million. Annualized return on equity fell to 14.2% from 14.9%. Net interest margin improved sequentially to 2.30%, although competitive pressure on lending spreads persisted. Tier 1 capital was 16.2% of risk-weighted assets. A quarterly dividend of $0.6875 per share is payable November 24, 2026, to shareholders registered November 6.

15 points · 0 major

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0 major · 23 points

How the balance works

Positive

• Moderate point3Q26 profit of $63.2 million rose 15% year over year but fell 5% sequentially.
• Moderate point3Q26 revenue of $99.1 million increased 20% year over year; 9M26 revenue rose 12% to $281.1 million.
• Moderate point3Q26 net interest income of $79.8 million rose 18% year over year; 9M26 increased 11% to $223.3 million.
• Moderate point3Q26 net interest spread of 1.73% exceeded 1.64% in both comparison quarters; 9M26 reached 1.69% versus 1.66%.
• Moderate pointCommercial portfolio of $14,976 million grew 38% year over year, including a short-term Government of Panama transaction.
• Moderate pointDeposits of $7,912 million grew 16% year over year and represented 56% of total funding.
• Moderate pointTotal assets of $16,480 million increased 32% year over year.

8 minor points

• Minor point9M26 profit of $186.0 million increased 9% year over year.
• Minor point3Q26 net fees and commissions of $16.3 million rose 16% year over year but fell 30% sequentially.
• Minor point9M26 net fees and commissions of $52.8 million increased 18% year over year.
• Minor point3Q26 financial-instrument gains of $3.0 million increased 237% year over year and 36% sequentially.
• Minor pointTreasury investment portfolio of $1,608 million grew 14% year over year, mostly investment-grade securities outside Latin America.
• Minor pointTotal equity of $1,790 million increased 9% year over year.
• Minor pointStage 2 exposures decreased to 0.5% of the credit portfolio following improvements, amortizations and one exposure sale.
• Minor point99.1% of the credit portfolio remained low-risk, or Stage 1, at September 30, 2026.

Negative

• Moderate point3Q26 impairment losses of $10.4 million exceeded $8.6 million sequentially and $6.5 million a year earlier.
• Moderate point3Q26 operating expenses of $25.6 million exceeded $23.8 million sequentially and $21.3 million a year earlier.
• Moderate point3Q26 annualized return on equity of 14.2% fell from 15.4% sequentially and 14.9% a year earlier.
• Moderate pointTier 1 capital ratio of 16.2% fell from 16.6% sequentially and 18.1% a year earlier.
• Minor point9M26 impairment losses of $23.7 million exceeded $16.7 million a year earlier.

18 minor points

• Minor point9M26 operating expenses of $71.4 million exceeded $63.2 million a year earlier.
• Minor point3Q26 EPS of $1.48 fell 16% sequentially and was unchanged year over year; 9M26 fell 1% to $4.56.
• Minor point9M26 annualized return on equity of 14.3% fell from 16.2% a year earlier.
• Minor pointAdjusted annualized return on equity fell to 15.0% in 3Q26 and 15.2% in 9M26 versus both year-earlier periods.
• Minor point3Q26 return on assets of 1.8% fell from 2.0% sequentially; 9M26 remained 1.9% on rounded figures.
• Minor point3Q26 net interest margin of 2.30% improved 6 basis points sequentially but fell 2 basis points year over year.
• Minor point9M26 net interest margin of 2.29% was below 2.35% a year earlier.
• Minor pointCompetitive conditions pressure lending spreads, particularly for high-quality short-term assets.
• Minor point3Q26 efficiency ratio of 25.8% worsened from 24.1% sequentially; 9M26 reached 25.4% versus 25.2% a year earlier.
• Minor point9M26 financial-instrument gains of $4.8 million decreased 4% year over year.
• Minor pointOther income fell 83% year over year to $0.1 million in 3Q26 and 66% to $0.3 million in 9M26.
• Minor pointRegulatory capital adequacy of 14.3% was below 15.8% a year earlier, but remained above regulatory minimum.
• Minor pointAssets-to-equity ratio of 9.2 times increased from 8.2 sequentially and 7.6 a year earlier.
• Minor pointLiquid assets were 12% of total assets, down from 13% sequentially and 15% a year earlier.
• Minor pointLiquidity coverage ratio of 148% improved from 140% sequentially but fell from 171% a year earlier.
• Minor pointCredit-impaired loans were 0.6% of loans, down from 0.7% sequentially but above 0.2% a year earlier.
• Minor pointImpaired credits were 0.4% of the credit portfolio, down from 0.5% sequentially but above 0.2% a year earlier.
• Minor pointLoss allowances covered impaired credits 1.4 times, up from 1.2 sequentially but below 5.4 a year earlier.

News Explained

The release calculates third-quarter EPS after deducting accrued AT1 distributions from profit attributable to common shareholders; it reports EPS of $1.48, and adjusted ROE excluding other equity instruments of 15.0% versus reported ROE of 14.2%.

Key Figures

Net profit: $63.2 million; +15% YoY Net profit: $186.0 million; +9% YoY Earnings per share: $1.48; 0% YoY +4 more

Net profit

$63.2 million; +15% YoY

3Q26

Net profit

$186.0 million; +9% YoY

9M26

Earnings per share

$1.48; 0% YoY

3Q26

Earnings per share

$4.56; -1% YoY

9M26

Net interest income

$79.8 million; +18% YoY

3Q26

Net interest income

$223.3 million; +11% YoY

9M26

Quarterly common dividend

$0.6875 per share

3Q26; payable November 24, 2026, to shareholders registered as of November 6, 2026

Previous Earnings Reports

2 past events · Latest: Jul 27

Same Type 2 events

1. Jul 27

   2Q26 earnings

   24h Move

   +1.1%

   Reported 2Q26 profit of $66.5 million, up 4% year over year, with EPS of $1.77.

2. Apr 27

   1Q26 earnings

   24h Move

   -5.9%

   Reported 1Q26 net profit of $56.4 million, up 9% year over year, and EPS of $1.31.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

ifrs, nii, roe, nim, +1 more

5 terms

ifrs financial

"prepared in accordance with International Financial Reporting Standards ("IFRS")"

International Financial Reporting Standards (IFRS) are a set of common accounting rules used by many companies worldwide to prepare financial statements, so numbers like revenue, profit and assets are measured in the same way across borders. For investors, IFRS matters because it makes it easier to compare the financial health and performance of different companies—like using the same ruler to measure different objects—reducing surprises and helping informed investment decisions.

nii financial

"all-time high levels of Net Interest Income ("NII")"

Net interest income (NII) is the money a lending business keeps after subtracting the interest it pays on deposits and borrowings from the interest it earns on loans and investments. Think of it as the spread between what a bank charges borrowers and what it pays savers; it matters to investors because it is a major driver of profitability, shows how well a firm manages lending margins, and signals sensitivity to interest rate moves.

roe financial

"Return on Average Equity ("ROE") reached 14.2% in 3Q26"

Return on equity (ROE) measures how much profit a company generates from the money shareholders have invested, like checking how effectively a chef turns ingredients into meals. Investors use it to compare how well companies turn investor funds into earnings—higher ROE usually means management is using capital more efficiently, while a low ROE can signal weaker profitability or poor use of equity.

View in glossary

nim financial

"Net Interest Margin ("NIM") stood at 2.30% in 3Q26"

NIM (net interest margin) measures the gap between the interest a bank earns on loans and other interest‑producing assets and the interest it pays to depositors and creditors, shown as a percentage of the bank’s earning assets. Think of it like a store’s markup: a wider NIM means the bank keeps more money from its core lending activity, boosting profit potential. Investors watch NIM because shifts reveal how profitable a bank’s lending is, and how sensitive that profit is to interest‑rate changes and shifts in the mix of loans versus other assets.

liquidity coverage ratio financial

"Liquidity Coverage Ratio reached 148% at the end of 3Q26."

The liquidity coverage ratio is a banking rule that measures whether a bank has enough high-quality, easy-to-sell assets to cover expected net cash outflows for 30 days. Think of it as a household’s emergency fund that must cover a month of bills; for investors, a higher ratio means the bank is better positioned to survive short-term stress, reducing the risk of fire sales, funding problems, or sudden capital needs that can hurt the share price.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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PANAMA CITY, Oct. 26, 2026 /PRNewswire/ -- Bladex, Inc. (NYSE: BLX, 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 ("3Q26") and the nine months ("9M26") ended September 30, 2026.

The consolidated financial information in this document has been prepared in accordance with International Financial Reporting Standards ("IFRS") as issued by the International Accounting Standards Board ("IASB").  

Financial & Business Highlights

Strong profitability with Net Profits reaching $63.2 million in 3Q26 (+15% YoY) and $186.0 million in 9M26 (+9% YoY), driven by all-time high levels of Net Interest Income ("NII"), solid fee generation and continued funding optimization. Earnings per share totaled $1.48 for 3Q26 and $4.56 for 9M26, reflecting the deduction of the AT1 coupon distribution from net profit attributable to common shareholders.

Adjusted Annualized Return on Equity stood at 15.0% in 3Q26 and 15.2% in 9M26, reflecting increased top-line performance, disciplined commercial growth, enhanced revenue diversification and continued funding optimization. Including the effect of the AT1 issuance completed in late September 2025, the annualized Return on Equity ("ROE") reached 14.2% in 3Q26 and 14.3% in 9M26.

Record NII of $79.8 million in 3Q26 (+18% YoY) and $223.3 million in 9M26 (+11% YoY) mostly driven by higher average business volumes. Net Interest Margin ("NIM") stood at 2.30% in 3Q26 and 2.29% in 9M26. The 6 bps QoQ improvement benefited from accelerated recognition of deferred fees following repayments of certain medium-term loans, along with improved funding spreads and efficient liquidity management. Competitive conditions across the Region continue to pressure underlying lending spreads, particularly for high-quality short-term assets, with the impact partially mitigated by continued optimization of funding costs and liquidity levels.

Fees and non-interest income remained strong at $19.3 million in 3Q26 (+26% YoY), reflecting continued contributions across the Bank's fee-generating businesses, including letters of credit and guarantees, credit commitments, structuring and distribution activities, and the growing contribution from client derivatives. Non-interest income represented 19% of total revenues in 3Q26, underscoring the diversified nature of the Bank's revenue streams, supported by sustained client activity, broader product capabilities and continued execution of its strategic initiatives. Consequently, fees and non-interest income totaled $57.9 million in 9M26 (+15% YoY).

Well-managed Efficiency Ratio of 25.8% in 3Q26 and 25.4% in 9M26, reflects continued cost discipline while supporting higher business volumes and ongoing investments in talent, technology and strategic initiatives. The Bank continues to balance its investments with its commitment to maintaining a highly efficient operating structure.

Credit Portfolio reached a record level at $16,584 million as of September 30, 2026 (+35% YoY), resulting from:

• Commercial Portfolio EoP balances reaching a peak of $14,976 million at the end of 3Q26 (+38% YoY), reflecting growth across loans and contingencies as the Bank continues to execute its commercial pipeline, including a significant short-term transaction with the Government of Panama that underscores the Bank's execution capabilities and ability to manage its capital deployment and balance sheet resources.
• Treasury Investment Portfolio of $1,608 million (+14% YoY), mostly consisting of investment-grade securities outside of Latin America held at amortized cost, further enhancing country and credit-risk diversification and providing contingent liquidity funding.

Sound asset quality, with most of the credit portfolio (99.1%) remaining low-risk or Stage 1 at the end of 3Q26. Stage 2 exposures decreased to 0.5% of the portfolio at the end of 3Q26, reflecting credit quality improvements, scheduled amortizations, and the sale of a single exposure.  Impaired credits or Stage 3 principal balance totaled $75.1 million or 0.4% of total Credit Portfolio, with a reserve coverage of 1.4x.

Heightened and diversified deposit base, reaching historically high levels of $7,912 million at the end of 3Q26 (+16% YoY), representing 56% of the Bank's total funding sources. Average deposits continued to grow during the quarter, while the Bank leveraged its diversified funding platform and broad access to interbank and debt capital markets to support the significant expansion of its loan portfolio.

Solid liquidity position at $1,960 million, or 12% of total assets as of September 30, 2026, mostly consisting of deposits placed with the Federal Reserve Bank of New York (90%). Liquidity Coverage Ratio reached 148% at the end of 3Q26.

The Bank's Tier 1 Basel III Capital and Regulatory Capital Adequacy Ratios resulted in 16.2% and 14.3% at the end of 3Q26, respectively, both well above internal targets and regulatory minimum, reflecting the strategic deployment of capital to support profitable business growth.

Financial Snapshot
(US$ million, except percentages and per share amounts)	3Q26	2Q26	3Q25	QoQ (var.)	YoY (var.)	9M26	9M25	YoY (var.)
Key Income Statement Highlights
Net Interest Income ("NII")	$79.8	$73.3	$67.4	9 %	18 %	$223.3	$200.4	11 %
Fees and commissions, net	$16.3	$23.3	$14.1	-30 %	16 %	$52.8	$44.5	18 %
Gain on financial instruments, net	$3.0	$2.2	$0.9	36 %	237 %	$4.8	$5.0	-4 %
Other income, net	$0.1	$0.1	$0.4	-29 %	-83 %	$0.3	$0.8	-66 %
Total revenues	$99.1	$98.9	$82.8	0 %	20 %	$281.1	$250.8	12 %
Impairment losses on financial instruments	($10.4)	($8.6)	($6.5)	-21 %	-61 %	($23.7)	($16.7)	-42 %
Operating expenses	($25.6)	($23.8)	($21.3)	-7 %	-20 %	($71.4)	($63.2)	-13 %
Profit for the period	$63.2	$66.5	$55.0	-5 %	15 %	$186.0	$170.9	9 %
Profitability Ratios
Earnings per Share ("EPS") (1)	$1.48	$1.77	$1.48	-16 %	0 %	$4.56	$4.60	-1 %
Return on Average Equity ("ROE") (2)	14.2 %	15.4 %	14.9 %	-127bps	-76bps	14.3 %	16.2 %	-190bps
Adjusted ROE excluding other equity instruments (3)	15.0 %	16.4 %	15.1 %	-145bps	-7bps	15.2 %	16.3 %	-108bps
Return on Average Assets ("ROA") (4)	1.8 %	2.0 %	1.8 %	-21bps	-4bps	1.9 %	1.9 %	-5bps
Net Interest Margin ("NIM") (5)	2.30 %	2.24 %	2.32 %	6bps	-2bps	2.29 %	2.35 %	-5bps
Net Interest Spread ("NIS") (6)	1.73 %	1.64 %	1.64 %	9bps	10bps	1.69 %	1.66 %	2bps
Efficiency Ratio (7)	25.8 %	24.1 %	25.8 %	167bps	2bps	25.4 %	25.2 %	22bps
Assets, Capital, Liquidity & Credit Quality
Credit Portfolio (8)	$16,584	$14,466	$12,286	15 %	35 %	$16,584	$12,286	35 %
Commercial Portfolio (9)	$14,976	$13,029	$10,872	15 %	38 %	$14,976	$10,872	38 %
Treasury Investment Portfolio	$1,608	$1,437	$1,414	12 %	14 %	$1,608	$1,414	14 %
Total Assets	$16,480	$14,437	$12,498	14 %	32 %	$16,480	$12,498	32 %
Total Equity	$1,790	$1,757	$1,646	2 %	9 %	$1,790	$1,646	9 %
Market Capitalization (10)	$2,068	$2,311	$1,712	-11 %	21 %	$2,068	$1,712	21 %
Tier 1 Capital to Risk-Weighted Assets (Basel III – IRB) (11)	16.2 %	16.6 %	18.1 %	-48bps	-196bps	16.2 %	18.1 %	-196bps
Capital Adequacy Ratio (Regulatory) (12)	14.3 %	14.3 %	15.8 %	-1bps	-145bps	14.3 %	15.8 %	-145bps
Total Assets / Total Equity (times)	9.2	8.2	7.6	12 %	21 %	9.2	7.6	21 %
Liquid Assets / Total Assets (13)	12 %	13 %	15 %	-143bps	-359bps	12 %	15 %	-359bps
Liquidity Coverage Ratio ("LCR") (14)	148 %	140 %	171 %	762bps	-2,368bps	148 %	171 %	-2,368bps
Credit-impaired Loans to Loan Portfolio (15)	0.6 %	0.7 %	0.2 %	-11bps	40bps	0.6 %	0.2 %	40bps
Impaired Credits (16) to Credit Portfolio	0.4 %	0.5 %	0.2 %	-8bps	29bps	0.4 %	0.2 %	29bps
Total Allowance for Losses to Credit Portfolio (17)	0.6 %	0.6 %	0.8 %	-2bps	-20bps	0.6 %	0.8 %	-20bps
Total Allowance for Losses to Impaired credits (times) (17)	1.4	1.2	5.4	10 %	-75 %	1.4	5.4	-75 %

Recent Events

Quarterly dividend payment: The Board of Directors approved a quarterly common dividend of $0.6875 per share corresponding to 3Q26. The cash dividend will be paid on November 24, 2026, to shareholders registered as of November 6, 2026.

Notes

• Numbers and percentages set forth in this earnings release have been rounded and accordingly may not total exactly.
• QoQ and YoY refer to quarter-on-quarter and year-on-year variations, respectively.

Footnotes

1.	Earnings per Share ("EPS") calculation is based on profit attributable to common shareholders, after deducting distributions accrued on AT1 instruments, divided by the weighted-average number of common shares outstanding during the period.
2.	ROE refers to return on average stockholders' equity which is calculated based on unaudited daily average balances.
3.	ROE excluding other equity instruments refers to the adjusted net profit after AT1 distributions over average stockholders' equity excluding other equity instruments, which is calculated based on unaudited daily average balances.
4.	ROA refers to return on average assets which is calculated based on unaudited daily average balances.
5.	NIM refers to net interest margin which constitutes to Net Interest Income ("NII") divided by the average balance of interest-earning assets.
6.	NIS refers to net interest spread which constitutes the average yield earned on interest-earning assets, minus the average yield paid on interest-bearing liabilities.
7.	Efficiency Ratio refers to consolidated operating expenses as a percentage of total revenues.
8.	The Bank's "Credit Portfolio" includes (i) loans – principal balance, which excludes interest receivable, allowance for loan losses, and unearned interest and deferred fees (or the "Loan Portfolio"); (ii) principal balance of securities at FVOCI and at amortized cost, which excludes interest receivable and allowance for expected credit losses; and (iii) loan commitments and financial guarantee contracts, such as confirmed and stand-by letters of credit and guarantees covering commercial risk and other assets consisting of customers' liabilities under acceptances.
9.	The Bank's "Commercial Portfolio" includes loans – principal balance (or the "Loan Portfolio"), loan commitments and financial guarantee contracts, such as issued and confirmed letters of credit, stand-by letters of credit, guarantees covering commercial risk and other assets consisting of customers' liabilities under acceptances; and the principal balance of investment securities managed by the Bank's Commercial Unit (or the "Commercial Bond Portfolio").
10.	Market capitalization corresponds to total outstanding common shares multiplied by market close price at the end of each corresponding period.
11.	Tier 1 Capital ratio is calculated according to Basel III capital adequacy guidelines, and as a percentage of risk-weighted assets. Risk-weighted assets are estimated based on Basel III capital adequacy guidelines, utilizing internal-ratings based approach or "IRB" for credit risk and standardized approach for operational risk.
12.	As defined by the Superintendency of Banks of Panama ("SBP") through Rules No. 01-2015, 03-2016 and 05-2023, based on Basel III standardized approach. The capital adequacy ratio is defined as the ratio of capital funds to risk-weighted assets, rated according to the asset's categories for credit risk. In addition, risk-weighted assets consider calculations for market risk and operating risk.
13.	Liquid assets consist of total cash and due from banks, excluding time deposits with original maturity over 90 days and other restricted deposits, as well as corporate debt securities rated A- or above. Liquidity ratio refers to liquid assets as a percentage of total assets.
14.	The liquidity coverage ratio ("LCR") is established by the Superintendency of Banks of Panama as the stock of high-quality liquid assets over total net cash outflows over the next 30 calendar days. The definition is based on the Basel III Liquidity Coverage Ratio and liquidity risk monitoring tools published by the Basel Committee on Banking Supervision and adjusted by the Superintendency of Banks of Panama.
15.	Loan Portfolio refers to loans – principal balance, which excludes interest receivable, allowance for loan losses, and unearned interest and deferred fees. Credit-impaired loans are also commonly referred to as Non-Performing Loans or NPLs.
16.	Impaired Credits refers to the principal balance of Non-Performing Loans or NPLs and non-performing securities at FVOCI and at amortized cost.
17.	Total allowance for losses refers to allowance for loan losses plus allowance for loan commitments and financial guarantee contract losses, allowance for investment securities losses and allowance for cash and due from banks losses.

Safe Harbor Statement

This press release contains forward-looking statements of expected future developments within the meaning of the Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements can be identified by words such as: "anticipate", "intend", "plan", "goal", "seek", "believe", "project", "estimate", "expect", "strategy", "future", "likely", "may", "should", "will" and similar references to future periods. The forward-looking statements in this press release include the Bank's financial position, asset quality and profitability, among others. These forward-looking statements reflect the expectations of the Bank's management and are based on currently available data; however, actual performance and results are subject to future events and uncertainties, which could materially impact the Bank's expectations. Among the factors that can cause actual performance and results to differ materially are as follows: pandemic and geopolitical events; the anticipated changes in the Bank's credit portfolio; the continuation of the Bank's preferred creditor status; the impact of increasing/decreasing interest rates and of the macroeconomic environment in the Region on the Bank's financial condition; the execution of the Bank's strategies and initiatives, including its revenue diversification strategy; the adequacy of the Bank's allowance for expected credit losses; the need for additional allowance for expected credit losses; the Bank's ability to achieve future growth, to reduce its liquidity levels and increase its leverage; the Bank's ability to maintain its investment-grade credit ratings; the availability and mix of future sources of funding for the Bank's lending operations; potential trading losses; the possibility of fraud; and the adequacy of the Bank's sources of liquidity to replace deposit withdrawals. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

About Bladex

Bladex, a multinational bank originally established by the central banks of Latin-American and Caribbean countries, began operations in 1979 to promote foreign trade and economic integration in the Region. The Bank, headquartered in Panama, also has offices in Argentina, Brazil, Colombia, Mexico, and the United States of America, and a Representative License in Peru, supporting the regional expansion and servicing its customer base, which includes financial institutions and corporations.

Bladex is listed on the NYSE in the United States of America (NYSE: BLX), since 1992, and its shareholders include: central banks and state-owned banks and entities representing 23 Latin American countries; commercial banks and financial institutions; and institutional and retail investors through its public listing.

Conference Call Information

There will be a conference call to discuss the Bank's quarterly results on Tuesday, October 27, 2026, at 11:00 a.m. New York City time (Eastern Time). For those interested in participating, please click here to pre-register to our conference call or visit our website at https://bladex.com/. Participants should register five minutes before the call is set to begin. The webcast presentation will be available for viewing and downloads on https://bladex.com/. The conference call will become available for review one hour after its conclusion.

For more information, please access http://www.bladex.com or contact:

Mr. Carlos Daniel Raad
Chief Investor Relations Officer 
Tel: +507 366-4925 ext. 7925
E-mail: craad@bladex.com / ir@bladex.com

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SOURCE Bladex, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What were Bladex's third-quarter 2026 earnings?

Bladex earned $63.2 million in 3Q26, up 15% year over year and down 5% from 2Q26. Earnings per share were $1.48, unchanged year over year and down 16% sequentially.

When will Bladex pay its third-quarter 2026 dividend?

Bladex will pay its quarterly common dividend of $0.6875 per share on November 24, 2026, to shareholders registered as of November 6, 2026.

Why did Bladex's net interest margin improve in the third quarter of 2026?

Bladex attributed the sequential improvement to accelerated recognition of deferred fees following certain medium-term loan repayments, improved funding spreads and liquidity management. Net interest margin reached 2.30%, up 6 basis points from 2Q26.

How do AT1 distributions affect Bladex's earnings per share?

Bladex calculates earnings per share after deducting accrued distributions on AT1 capital instruments from profit attributable to common shareholders. That amount is divided by the weighted-average number of common shares outstanding during the period.

Where did Bladex hold its liquidity at September 30, 2026?

Bladex held 90% of its $1,960 million liquidity position in deposits with the Federal Reserve Bank of New York. Total liquidity represented 12% of assets at September 30, 2026.