Banco Latinoamericano De Stock Price, News & Analysis

Banco Latinoamericano de Comercio Exterior, S.A. (BLX) announced a quarterly cash dividend of US$0.25 per share for Q1 2023, payable on May 17, 2023, to stockholders on record as of May 4, 2023.

As of March 31, 2023, BLX had 36,447,192 shares outstanding. Founded in 1979, Bladex promotes foreign trade in Latin America and the Caribbean, with operations in multiple countries.

Bladex (NYSE: BLX) invites investors to its conference call on April 19, 2023, at 11:00 a.m. ET to discuss its Q1 2023 results. The earnings release will be announced on April 18, 2023, after market close. Presenters include CEO Jorge Salas and CFO Ana Graciela de Méndez. Participants can join by calling 888-686-3653 from the U.S. or +1 718-866-4614 internationally, using passcode 877068. The call will also be available via live webcast at www.bladex.com/en/investors. Bladex, established in 1979, promotes foreign trade in Latin America and is headquartered in Panama.

Banco Latinoamericano de Comercio Exterior (Bladex) announced a quarterly cash dividend of US$0.25 per share, payable on March 28, 2023, to stockholders on record as of March 10, 2023. As of December 31, 2022, Bladex had 36,324,555.73 shares outstanding. The bank aims to support foreign trade and economic integration in Latin America, with operations since 1979. Listed on the NYSE since 1992, Bladex includes a diverse shareholder base including central banks and institutional investors.

Banco Latinoamericano de Comercio Exterior (NYSE: BLX) reported robust financial results for 4Q22 and FY22. For 4Q22, net profit reached $31.0 million, a 15% quarterly and 55% annual increase, while FY22 net profit rose to $92.0 million, up 47% YoY. Key drivers included a $49.4 million net interest income (NII), reflecting a 23% QoQ and 99% YoY growth, propelled by increased margins. Return on equity improved to 11.6% in 4Q22. The bank maintained a solid liquidity position with liquid assets at 14% of total assets. A quarterly dividend of $0.25 per share was announced, payable on March 28, 2023.

Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX) will host a conference call on February 28, 2023 at 11:00 a.m. ET to discuss its 4Q22 results. The earnings release will be published on February 27, 2023, after market close. Key speakers include CEO Jorge Salas and CFO Ana Graciela de Méndez. Participants can join by dialing +1 888 686 3653 or +1 718 866 4614 (international), with the passcode 877068. The call will be accessible via live webcast on the official website.

Bladex, established in 1979, focuses on promoting foreign trade in Latin America and the Caribbean and is listed on the NYSE since 1992.

Banco Latinoamericano de Comercio Exterior, S.A. (Bladex; NYSE: BLX) announced the successful closing of a US$89 million 3-year Senior Unsecured Amortizing Facility for Banco Guayaquil S.A. This facility is the first international syndicated loan for Banco Guayaquil, with participation from 7 financial institutions across North America, Central, and South America. The funds will support portfolio growth and trade operations. Bladex is recognized for its structuring and distribution capabilities, enhancing its position in Latin America.

Banco Latinoamericano de Comercio Exterior (Bladex) has announced a strategic alliance with Fintech company Komgo, marking it as the first bank in Latin America to join this international platform. This partnership aims to enhance Bladex's capacity to support foreign trade through innovative solutions. Several transactions have already been successfully completed on the Komgo platform, improving safety and efficiency. CEO Jorge Salas emphasized that the alliance will expand product offerings and strengthen transaction security, while Komgo's CEO noted the increased trust in their network.

Banco Latinoamericano de Comercio Exterior (Bladex) has announced a quarterly cash dividend of US$0.25 per share for Q3 2022. The dividend is payable on November 30, 2022, to stockholders recorded as of November 14, 2022. As of September 30, 2022, Bladex had 36,324,555.73 shares outstanding. Founded in 1979 to promote foreign trade in Latin America and the Caribbean, Bladex is publicly traded on the NYSE under the symbol BLX.

Banco Latinoamericano de Comercio Exterior (NYSE: BLX) reported a net profit of $26.9 million for 3Q22, a 17% increase quarter-on-quarter (QoQ) and 71% year-on-year (YoY). The growth was primarily driven by a 23% rise in Net Interest Income (NII) to $40.2 million and an improved Return on Equity (ROE) of 10.3%. The bank's efficiency ratio improved to 31.6%, while credit quality remained strong with a non-performing loan (NPL) ratio of only 0.1%. The bank declared a quarterly dividend of $0.25 per share.