Banco Latinoamericano de Comercio Exterior SA

Banco Latinoamericano de Comercio Exterior SA is engaged in the provision of trade financing to commercial banks, middle-market companies and corporations. It operates through the Commercial and Treasury segments. The Commercial segment incorporates all of the Bank's financial intermediation and fees generated by the commercial portfolio. The Treasury segment handles the deposits in banks and all of its trading assets, securities available-for-sale, and held-to-maturity, and the balance of the investment funds. The company was founded in 1977 and is headquartered in Panama City, Panama.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

BLX excels in 2022 with strong financial performance and growth outlook

BLX's robust financial performance in 2022, driven by strong NII growth and fee income, positions the bank well for continued success. Despite challenges from interest rate hikes, the focus on profitability and maintaining asset quality bodes well for future growth.

BLX prioritizes profitability, achieves record net income in Q1

Bladex prioritized profitability over growth in Q1 2023, achieving strong financial performance across key metrics
The bank demonstrated resilience with a healthy loan portfolio, steady fee income growth, and prudent liquidity management
Despite challenges in the regional economic environment, BLX sees opportunities to capitalize on market dynamics and strengthen its client base

Bladex reports record earnings amidst Latin America growth concerns

Bladex delivered a strong financial performance in Q2 2023, marked by record net interest income and robust deposit growth.
While facing challenges from the projected economic slowdown in Latin America, the bank's sound capital position and revenue generation capabilities are notable strengths.
Opportunities lie in optimizing net interest margin sensitivity, leveraging fee income growth, and addressing exposures to enhance future performance.

BLX achieves record Q3 earnings, eyes sustained growth amid challenges

BLX's Q3 performance reflects robust growth across key financial metrics, underpinned by a strong focus on client deposits and fee income. While challenges like geopolitical uncertainties persist, the company's revised guidance signals confidence in sustaining profitability and returns for shareholders.

BLX reports record-breaking year, transitions to expansion phase

BLX delivered outstanding financial results in Q4 2023, with significant growth in key metrics like credit book, commercial portfolio, net interest income, fee income, and net income. The company is strategically transitioning towards expansion, focusing on diversifying product offerings and exploring new revenue streams. Despite challenges ahead, BLX's strong performance, robust funding structure, and strategic initiatives position it well for future growth and success.

Bladex reports robust Q1 earnings, poised for strategic growth

Bladex delivered a strong performance in Q1 2024, with notable increases in net income, fee income, and key financial metrics. The bank's focus on enhancing its product suite and maintaining profitability levels bodes well for future growth. While challenges exist, Bladex is well-positioned to capitalize on opportunities and achieve its strategic objectives.

BLX surpasses Q2 guidance with strong financial performance and growth

BLX delivered a stellar performance in Q2, surpassing expectations with robust financial metrics.
The company's focus on efficiency, fee income growth, and strategic initiatives bodes well for future success.
While facing competitive challenges, BLX remains well-positioned to capitalize on growth opportunities.
Strong financial performance, asset growth, and team motivation underpin BLX's positive outlook.

Bladex achieves record Q3 results, eyes revenue diversification for growth

Bladex's Q3 performance reflects strong financial health and strategic execution, driven by robust loan growth and diversified revenue streams. While facing challenges in managing expenses and meeting growth targets, the bank is well-positioned to capitalize on opportunities through strategic initiatives.

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This unique Latin American trade bank is a strong buy. Trading around 7.5x earnings and earnings are still relatively depressed. It's closer to 6x earnings based on its normal results.

Bladex: 7% Yield And Dramatic Mispricing At This Trade Bank

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX ) Q2 2022 Earnings Conference Call August 4, 2022 11:00 AM ET Company Participants Carlos Raad - Investor Relations Jorge Salas - Chief Executive Officer Ana Mendez - Chief Financial Officer Sam Canineu - Chief Commercial Officer Ed Vivone - Head of Treasury & Capital Markets Conference Call Participants Jim Marrone - Singular Research Pedro Escudero - DOMA Perpetual Operator Good morning and welcome to Bladex's Second Quarter 2022 Earnings Call.

Banco Latinoamericano de Comercio Exterior, S. A. (BLX) CEO Jorge Salas on Q2 2022 Results - Earnings Call Transcript

Boralex Inc. (OTCPK:BRLXF) Q2 2022 Earnings Conference Call August 3, 2022 11:00 AM ET Company Participants Stephane Milot - Senior Director-IR Patrick Decostre - President and CEO Bruno Guilmette - VP and CFO Conference Call Participants Sean Steuart - TD Securities David Quezada - Raymond James Rupert Merer - NBC Nelson Ng - RBC Capital Markets Nick Boychuk - Cormark Securities Ben Pham - BMO Justin Strong - Scotiabank Andrew Kuske - Credit Suisse Naji Baydoun - IA Capital Markets Operator [Foreign Language] Good morning, ladies and gentlemen, and welcome to Boralex Second Quarter of 2022 Financial Results Conference Call. [Operator instructions] Please also note that this conference is being recorded.

Boralex Inc. (BRLXF) CEO Patrick Decostre on Q2 2022 Results - Earnings Call Transcript

PANAMA CITY , Aug. 3, 2022 /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, today announced its results for the Second Quarter ("2Q22") and six months ("6M22") ended June 30, 2022.

BLADEX ANNOUNCES IMPROVED PROFITABILITY, WITH PROFIT FOR THE SECOND QUARTER 2022 OF $23.0 MILLION, OR $0.63 PER SHARE, AND AN ANNUALIZED RETURN ON EQUITY OF 9.1%

PANAMA CITY , Aug. 3, 2022 /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$0.25 per share corresponding to the second quarter of 2022.

BLADEX ANNOUNCES QUARTERLY DIVIDEND PAYMENT FOR SECOND QUARTER 2022

PANAMA CITY , July 26, 2022 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE:  BLX) cordially invites you to participate in its upcoming conference call to discuss its 2Q22 results and provide a business strategy update Date and time: Thursday, August 4, 2022 11:00 a.m.

BLADEX'S SECOND QUARTER 2022 CONFERENCE CALL

PANAMA CITY , June 23, 2022 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank"; NYSE: BLX) announced today the appointment of Mr.

BLADEX ANNOUNCES THE APPOINTMENT OF NEW EXECUTIVE VICE PRESIDENT OF INVESTOR RELATIONS

BLX's profits fell in 2021 because of conservative policies applied during the COVID crisis in 2020 and 2021. In 2021 and this year, the bank has generated more loans and regained risk appetite.

Bladex Is Even Cheaper Than Last Year

An update after Q1 earnings to my long thesis on Bladex. The bank's valuation remains anchored around recent (last two year's) earnings.

Bladex: Arbitrage For The Retail Investor

Banco Latinoamericano de Comercio Exterior, S.A (NYSE:BLX ) Q1 2022 Earnings Conference Call May 4, 2022 11:00 AM ET Company Participants Ana Graciela de Mendez - Executive Vice President & Chief Financial Officer Jorge Salas - Chief Executive Officer Samuel Canineu - Executive Vice President & Chief Commercial Officer Conference Call Participants Chris Sakai - Singular Research Brad Golding - CRC Operator Hello, everyone and welcome to Bladex's First Quarter 2022 Conference Call on this 4th day of May 2022. This call is being recorded and is for investors and analysts only.

Banco Latinoamericano de Comercio Exterior, S.A (BLX) CEO Jorge Salas on Q1 2022 Results - Earnings Call Transcript

PANAMA CITY , May 4, 2022 /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$0.25 per share corresponding to the first quarter of 2022.

BLADEX ANNOUNCES QUARTERLY DIVIDEND PAYMENT FOR FIRST QUARTER 2022

PANAMA CITY , May 4, 2022 /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, today announced its results for the First Quarter ("1Q22") ended March 31, 2022.

BLADEX ANNOUNCES PROFIT FOR THE FIRST QUARTER 2022 OF $11.1 MILLION, OR $0.31 PER SHARE; ON HIGHER CREDIT PROVISIONS ASSOCIATED TO SOLID PORTFOLIO GROWTH

PANAMA CITY , April 20, 2022 /PRNewswire/ -- Date and time: Wednesday, May 4, 2022 11:00 a.m. Eastern Time Presenting for Bladex: Mr.

Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX) cordially invites you to participate in its First Quarter 2022 Earnings Conference Call

PANAMA CITY, March 18, 2022 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex", or "the Bank", NYSE: BLX) announced today the closing of a US$300 million three-year global syndicated loan.

Bladex Announces the Successful Closing of a new 3-Year Global Syndicated Loan

Mr. Market Is Wrong On Bladex

Banco Latinoamericano de Comercio Exterior, S.A (BLX) CEO Jorge Salas on Q4 2021 Results - Earnings Call Transcript

PANAMA CITY, Feb. 22, 2022 /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$0.25 per share corresponding to the fourth quarter of 2021.

BLADEX ANNOUNCES QUARTERLY DIVIDEND PAYMENT FOR FOURTH QUARTER 2021

PANAMA CITY, Feb. 22, 2022 /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, today announced its results for the Fourth Quarter ("4Q21") and Full-Year ("FY21") ended December 31, 2021.

BLADEX ANNOUNCES PROFIT FOR THE FOURTH QUARTER 2021 OF $20.1 MILLION, OR $0.54 PER SHARE

PANAMA CITY, Feb. 7, 2022 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank"; NYSE: BLX) announced today the successful closing of a US$101.5 million senior dual-tranche syndicated loan (the "Facility") for Inversiones CrediQ Business, S.A.

Bladex Leads Successful Syndication Of A US$101.5 Million Senior Dual-Tranche Facility For CrediQ

PANAMA CITY, Feb. 4, 2022 /PRNewswire/ -- Date and time: Tuesday, February 22, 2022 11:00 a.m. Eastern Time Presenting for Bladex: Mr.

Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX) cordially invites you to participate in its Fourth Quarter 2021 Earnings Conference Call

PANAMA CITY, Dec. 29, 2021 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank"; NYSE: BLX) announced today the successful closing of a US$127.5 million dual tranche senior unsecured syndicated loan, consisting of a US$78 million senior unsecured 3-year Tranche A Loan and a US$49.5 million senior unsecured 4-year Tranche B Loan (the "Facility") for Forum Servicios Financieros, S.A.

Bladex leads successful syndication of a US$127,500,000 Senior Unsecured Dual Tranche Term Loan Facility for Forum

PANAMA CITY, Republic of Panama, Nov. 29, 2021 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank"), announces its sixth issuance of "Certificados Bursátiles" ("Cebures") for the amount of MXN 3 billion (three billion Mexican pesos).

Successful New Bladex Bond Issue In The Mexican Capital Markets

Banco Latinoamericano de Comercio Exterior, S.A (BLX) CEO Jorge Salas on Q3 2021 Results - Earnings Call Transcript

PANAMA CITY, Oct. 29, 2021 /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, today announced its results for the Third Quarter ("3Q21") and nine months ("9M21") ended September 30, 2021.

Bladex Announces Third Quarter 2021 Profit Of $15.7 Million, Or $0.41 Per Share, On The Account Of Higher Top-Line Revenues And Sustained Credit Growth

PANAMA CITY, Oct. 29, 2021 /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$0.25 per share corresponding to the third quarter of 2021.

News for Banco Latinoamericano de Comercio Exterior SA Stock (BLX)