Welcome to our dedicated page for Bladex news (Ticker: BLX), a resource for investors and traders seeking the latest updates and insights on Bladex stock.
Banco Latinoamericano de Comercio Exterior, S.A. issues updates on Bladex, a Panama-based multinational bank established by Latin American and Caribbean central banks to promote foreign trade and regional economic integration. The bank provides financial solutions to financial institutions and corporations across the region, with activity centered on trade finance, lending, deposits, letters of credit, commitments, loan syndication and treasury functions.
Recurring updates include IFRS operating results, net interest income, fee and non-interest income, credit-risk and funding trends, quarterly dividends, debt issuance in regional capital markets, annual report filings, shareholder matters and strategy presentations describing the evolution of its trade-finance franchise and transactional banking platform.
Banco Latinoamericano de Comercio Exterior (Bladex) announced a quarterly cash dividend of US$0.25 per share for the second quarter of 2022. The dividend is payable on August 30, 2022 to shareholders on record as of August 15, 2022. As of June 30, 2022, Bladex had 36,330,555.73 shares outstanding. Established in 1979, Bladex is a multinational bank promoting foreign trade and economic integration in Latin America and the Caribbean, and is listed on NYSE under the ticker BLX.
Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX) will host a conference call to discuss its 2Q22 results and business strategy update on August 4, 2022, at 11:00 a.m. ET. The call will be led by CEO Jorge Salas and CFO Ana Graciela de Méndez. The earnings release will be published on August 3, 2022, after market close, with details available on the company's website. Stakeholders are encouraged to join the discussion via provided dial-in numbers.
Banco Latinoamericano de Comercio Exterior, S.A. (Bladex; NYSE: BLX) announced on June 23, 2022, the appointment of Carlos Daniel Raad as the new Executive Vice President and Head of Investor Relations. Raad brings over 18 years of experience from Bancolombia, where he held multiple roles, including Director of Investor Relations. His expertise is expected to enhance communication of Bladex's strategy and growth opportunities. Bladex, established in 1979, promotes foreign trade in Latin America and is listed on the NYSE since 1992.
Banco Latinoamericano de Comercio Exterior (Bladex) has announced a quarterly cash dividend of US$0.25 per share for Q1 2022. This payment will be made on June 1, 2022, to shareholders on record as of May 16, 2022. Bladex has 36,267,555.73 shares outstanding as of March 31, 2022, emphasizing its commitment to shareholder returns. Established in 1979, Bladex supports foreign trade and economic integration in Latin America and the Caribbean, further underscoring its role as a vital financial institution in the region.
Bladex (NYSE: BLX) reported its 1Q22 financial results, showing a profit of $11.1 million or $0.31 per share, down 13% YoY and 45% QoQ. The bank's Credit Portfolio reached a record $8.4 billion, up 38% YoY, aided by growth in its Commercial Portfolio. Net Interest Income rose to $25.7 million, reflecting an increase in net lending rates. However, provisions for credit losses totaled $8.1 million, influenced by credit portfolio growth. The bank maintains a solid liquidity position, with Tier 1 capital at 16.2%
.Bladex filed its annual report on Form 20-F for the fiscal year ending December 31, 2021, with the U.S. SEC. The report and audited financial statements can be accessed via the SEC or Bladex's website. Established in 1979, Bladex promotes foreign trade in Latin America and the Caribbean and is headquartered in Panama. The bank's shareholders include central banks and financial institutions from 23 countries. Bladex has been listed on the NYSE since 1992 under the ticker BLX.
Bladex (NYSE: BLX) has announced its First Quarter 2022 Earnings Release, scheduled for May 4, 2022, before the market opens. The earnings announcement will be accompanied by a live webcast presentation featuring CEO Jorge Salas and CFO Ana Graciela de Méndez. Established in 1979 to promote foreign trade, Bladex operates in multiple Latin American and Caribbean countries and is owned by various central and state-owned banks. Investors can participate in the earnings call by dialing the provided contact numbers. For more details, visit the corporate website.
Banco Latinoamericano de Comercio Exterior (Bladex, NYSE: BLX) announced the successful closing of a US$300 million three-year global syndicated loan, marking the largest facility ever secured by the bank. Joint Lead Arrangers included Sumitomo Mitsui Banking Corporation and Wells Fargo Bank, with participation from various financial institutions worldwide. CEO Jorge Salas noted strong investor demand amid market volatility, emphasizing the loan's purpose to support trade and growth in member countries. Established in 1979, Bladex operates across multiple regions, enhancing foreign trade finance.
Banco Latinoamericano de Comercio Exterior (Bladex) announced a quarterly cash dividend of US$0.25 per share for the fourth quarter of 2021, approved by the Board of Directors. This dividend will be payable on March 22, 2022, to stockholders on record as of March 7, 2022. As of December 31, 2021, Bladex had 36,231,145.73 shares outstanding. Established in 1979, Bladex supports foreign trade in Latin America and is listed on the NYSE under the symbol BLX.
Banco Latinoamericano de Comercio Exterior (BLX) reported a 28% QoQ and 27% YoY increase in profit for 4Q21, totaling $20.1 million. Net Interest Income (NII) rose to $24.8 million, while FY21 profit was nearly stable at $62.7 million (-1% YoY). Fee income surged 76% YoY to $18.3 million, driven by transaction-based activities. The Credit Portfolio grew 24% YoY to $7.4 billion. Despite challenges from lower market rates and increased credit provisions, asset quality remained strong with non-performing loans at 0.2%. The Bank's liquidity stood at $1.4 billion as of December 31, 2021.