Banco Latinoamericano de Comercio Exterior, S.A., a multinational bank, primarily engages in the financing of foreign trade in Latin America and the Caribbean. The company operates through two segments, Commercial and Treasury. It offers short and medium-term bilateral, structured and syndicated credits, and loan commitments; financial guarantee contracts, such as issued and confirmed letters of credit, and stand-by letters of credit; and guarantees covering commercial risk and other assets, as well as co-financing arrangements, underwriting of syndicated credit facilities, structured trade financing in the form of factoring and vendor financing, and financial leasing. The company also provides treasury solutions, which include term deposits and private placements. It primarily serves financial institutions, corporations, and sovereigns and state-owned entities. The company was formerly known as Banco Latinoamericano de Exportaciones, S.A. and changed its name to Banco Latinoamericano de Comercio Exterior, S.A. in June 2009. Banco Latinoamericano de Comercio Exterior, S.A. was founded in 1977 and is headquartered in Panama City, the Republic of Panama.
IPO Year: 1992
Exchange: NYSE
Website: bladex.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/16/2023 | $37.00 | Buy | Jefferies |
| 6/29/2023 | $32.00 | Overweight | Barclays |
PANAMA CITY, Oct. 29, 2024 /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, announced today its results for the Third Quarter ("3Q24") and nine months ("9M24") ended September 30, 2024. 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"). 3Q24 & 9M24 Financial & Business Highl
PANAMA CITY, Oct. 29, 2024 /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$0.50 per share corresponding to the third quarter of 2024. The cash dividend is payable November 26, 2024 to the Bank's stockholders as of November 8, 2024 record date. As of September 30, 2024, Bladex had 36,786,977.36 shares outstanding of all classes. Bladex, a multinational bank originally established by the central banks of Latin-American and Caribbean countries, began oper
PANAMA CITY , Oct. 11, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX) cordially invites you to participate in its upcoming conference call to discuss its 3Q24 results Date and time: Wednesday, October 30, 2024 11:00 a.m. Eastern Time Presenting for Bladex: Mr. Jorge Salas, Chief Executive Officer Mrs. Ana Graciela de Méndez, Chief Financial Officer Register for the Conference Call Please click here to pre-register for this conference call. Bladex's Third Quarter 2024 Earnings Release will be announced on Tuesday, October 29, 2024, after the
PANAMA CITY, July 23, 2024 /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, announced today its results for the Second Quarter ("2Q24") and six months ("6M24") ended June 30, 2024. The consolidated financial information in this document has been prepared in accordance with International Financial Reporting Standards ("IFRS") as is
PANAMA CITY, July 23, 2024 /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$0.50 per share corresponding to the second quarter of 2024. The cash dividend is payable August 20, 2024 to the Bank's stockholders as of August 5, 2024 record date. As of June 30, 2024, Bladex had 36,786,976.36 shares outstanding of all classes. Bladex, a multinational bank originally established by the central banks of Latin-American and Caribbean countries, began operations i
PANAMA CITY, July 19, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX) cordially invites you to participate in its upcoming conference call to discuss its 2Q24 results Date and time:Wednesday, July 24, 202411:00 a.m. Eastern Time Presenting for Bladex:Mr. Jorge Salas, Chief Executive OfficerMrs. Ana Graciela de Méndez, Chief Financial Officer Register for the Conference CallPlease click here to pre-register for this conference call. Bladex's Second Quarter 2024 Earnings Release will be announced on Tuesday, July 23, 2024, after the market clos
PANAMA CITY, April 18, 2024 /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$0.50 per share corresponding to the first quarter of 2024. The cash dividend is payable May 15, 2024 to the Bank's stockholders as of April 29, 2024 record date. As of March 31, 2024, Bladex had 36,727,297.73 shares outstanding of all classes. 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 o
PANAMA CITY, April 18, 2024 /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, announced today its results for the First Quarter ("1Q24") ended March 31, 2024. 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"). 1Q24 Financial & Business Highlights Increased Profitability, wit
PANAMA CITY, April 8, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX) cordially invites you to participate in its upcoming conference call to discuss its 1Q24 results Date and time:Friday, April 19, 202411:00 a.m. Eastern Time Presenting for Bladex:Mr. Jorge Salas, Chief Executive OfficerMrs. Ana Graciela de Méndez, Chief Financial Officer Register for the Conference CallPlease click here to pre-register for this conference call. Bladex's First Quarter 2024 Earnings Release will be announced on Thursday, April 18, 2024, after the market closes and will be available on the Bank's corporate website, along with the webcast presentation. About Bladex:Bladex, a
PANAMA CITY, March 4, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX, "Bladex", or "the Bank"), announced the results achieved during the fourth quarter of 2023. The net income for the period was US$46.4 million, resulting in a record level of US$166.2 million in FY2023, up 81% from the previous year. The annualized return on equity stood at 15.5% in the fourth quarter and 14.7% in FY2023 due to consistent growth during the period and Bladex's increased presence in the region. Net interest income amounted to US$233 million, representing a 58% increase year over year. The focus on fee income yielded remarkable results, with a 64%
PANAMA CITY, Nov. 19, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank") announced today that, after 34 years of a successful career at Bladex, Ana Graciela de Mendez, Executive Vice President and Chief Financial Officer, has decided to step down from her position, effective April 2025. Mrs. Mendez will continue to work closely with Bladex in the coming months to ensure an orderly and smooth transition of her duties to incoming EVP and CFO Annette van Hoorde. "We're grateful for Ana Graciela's commitment and exceptional contributions
PANAMA CITY, Nov. 7, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. - Bladex (NYSE:BLX) announced the successful closing of an institution-led US$86 million syndicated loan to strengthen Grupo Monge's business and extend its maturity profile. The transaction is the third syndicated loan managed by Bladex for Grupo Monge, which was oversubscribed 70% above the original amount, consolidating a long-term strategic relationship of trust and confidence between the two organizations and the participating financial institutions. Grupo Monge, with more than 50 years of experience in Central America, is one of the leading retailers of durable goods and consumer finance, operat
PANAMA CITY, Oct. 29, 2024 /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, announced today its results for the Third Quarter ("3Q24") and nine months ("9M24") ended September 30, 2024. 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"). 3Q24 & 9M24 Financial & Business Highl
PANAMA CITY, Oct. 29, 2024 /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$0.50 per share corresponding to the third quarter of 2024. The cash dividend is payable November 26, 2024 to the Bank's stockholders as of November 8, 2024 record date. As of September 30, 2024, Bladex had 36,786,977.36 shares outstanding of all classes. Bladex, a multinational bank originally established by the central banks of Latin-American and Caribbean countries, began oper
PANAMA CITY , Oct. 11, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX) cordially invites you to participate in its upcoming conference call to discuss its 3Q24 results Date and time: Wednesday, October 30, 2024 11:00 a.m. Eastern Time Presenting for Bladex: Mr. Jorge Salas, Chief Executive Officer Mrs. Ana Graciela de Méndez, Chief Financial Officer Register for the Conference Call Please click here to pre-register for this conference call. Bladex's Third Quarter 2024 Earnings Release will be announced on Tuesday, October 29, 2024, after the
PANAMA CITY, Oct. 10, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior ((Bladex, NYSE:BLX) continues to consolidate its position as a key player in the economic development of Latin America and the Caribbean with the addition of Sergio Olarte, a renowned economist with more than 24 years of experience in economic analysis and the financial system. With his addition, Bladex strengthens its commitment to contribute to sustainable growth in the region. Mr. Olarte holds a Master's degree in Monetary Policy from the University of Illinois and has had a distinguished
PANAMA CITY, July 23, 2024 /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, announced today its results for the Second Quarter ("2Q24") and six months ("6M24") ended June 30, 2024. The consolidated financial information in this document has been prepared in accordance with International Financial Reporting Standards ("IFRS") as is
PANAMA CITY, July 23, 2024 /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$0.50 per share corresponding to the second quarter of 2024. The cash dividend is payable August 20, 2024 to the Bank's stockholders as of August 5, 2024 record date. As of June 30, 2024, Bladex had 36,786,976.36 shares outstanding of all classes. Bladex, a multinational bank originally established by the central banks of Latin-American and Caribbean countries, began operations i
With more than 24 years of experience in Mexico, Banco Latinoamericano de Comercio Exterior (Bladex) is moving forward with its strategy to deepen its presence in the country. The expansion of its new offices, the strengthening of its commercial team and its annual disbursements of almost US$5 billion position Bladex as a key player in the growth of Mexican companies. Bladex has been listed on the New York Stock Exchange since 1992 and has been one of the most active issuers on the Mexican Stock Exchange for more than 12 years. MEXICO CITY, July 22, 2024 /PRNewswire/ -- To strengthen its presence in the Mexican market, Banco Latinoamericano de Comercio Exterior (Bladex) has undertaken a seri
PANAMA CITY, July 19, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX) cordially invites you to participate in its upcoming conference call to discuss its 2Q24 results Date and time:Wednesday, July 24, 202411:00 a.m. Eastern Time Presenting for Bladex:Mr. Jorge Salas, Chief Executive OfficerMrs. Ana Graciela de Méndez, Chief Financial Officer Register for the Conference CallPlease click here to pre-register for this conference call. Bladex's Second Quarter 2024 Earnings Release will be announced on Tuesday, July 23, 2024, after the market clos
Jefferies initiated coverage of Banco Latinoamer with a rating of Buy and set a new price target of $37.00
Barclays initiated coverage of Banco Latinoamer with a rating of Overweight and set a new price target of $32.00
Credit Suisse reiterated coverage of Boralex with a rating of Neutral and set a new price target of $48.00 from $52.00 previously
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6-K - FOREIGN TRADE BANK OF LATIN AMERICA, INC. (0000890541) (Filer)
6-K - FOREIGN TRADE BANK OF LATIN AMERICA, INC. (0000890541) (Filer)
6-K - FOREIGN TRADE BANK OF LATIN AMERICA, INC. (0000890541) (Filer)
6-K - FOREIGN TRADE BANK OF LATIN AMERICA, INC. (0000890541) (Filer)
6-K - FOREIGN TRADE BANK OF LATIN AMERICA, INC. (0000890541) (Filer)
6-K - FOREIGN TRADE BANK OF LATIN AMERICA, INC. (0000890541) (Filer)
6-K - FOREIGN TRADE BANK OF LATIN AMERICA, INC. (0000890541) (Filer)
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20-F - FOREIGN TRADE BANK OF LATIN AMERICA, INC. (0000890541) (Filer)
PANAMA CITY, April 24, 2023 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE:BLX, ", Bladex", , or ", the Bank", ))), a Panama-based multinational bank established by the central banks of 23 Latin-American and Caribbean countries to promote foreign trade and economic integration in the Region, today announced that its Board of Directors appointed Ms. Angelica Ruiz Celis as a Class E Independent Director on March 30, 2023 and is recommending the reelection of Dr. Mario Covo as Independent Director representing Class E shareholders for its 2023 Annual General Shareholders Meeting scheduled for Wednesday, April 26, 2023, at 10:30 a.m. (Panama time), at Santa Maria Hotel, S
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. Carlos Daniel Raad as new Executive Vice President, Head of Investor Relations. Mr. Raad has more than 18 years of professional experience in the financial sector, with a successful career in Bancolombia where he served in various positions, most recently as Director of Investor Relations. He holds a Bachelor's Degree in Industrial Engineering and an MBA from Universidad de Los Andes, Colombia, with the in
Banco Latinoamericano (NYSE:BLX) reported quarterly earnings of $1.36 per share. This is a 33.33 percent increase over earnings of $1.02 per share from the same period last year. The company reported $75.00 million in sales this quarter. This is a 30.66 percent increase over sales of $57.40 million the same period last year.
With more than 24 years of experience in Mexico, Banco Latinoamericano de Comercio Exterior (Bladex) is moving forward with its strategy to deepen its presence in the country. The expansion of its new offices, the strengthening of its commercial team and its annual disbursements of almost US$5 billion position Bladex as a key player in the growth of Mexican companies. Bladex has been listed on the New York Stock Exchange since 1992 and has been one of the most active issuers on the Mexican Stock Exchange for more than 12 years.
Banco Latinoamericano de Comercio Exterior, S.A. ((", Bladex", or ", the Bank", , NYSE:BLX) announced the recent closing of a US$100 million three-year syndicated facility (the "Facility") in favor of the Guatemalan bank Banco Promerica, S.A. ("Banco Promerica Guatemala" or the "Bank"). Bladex was the Sole Lead Arranger and Bookrunner, and Administrative Agent for the Facility. Banco Promerica Guatemala is one of the main subsidiaries of Promerica Financial Corporation ("PFC Group"), a leading financial banking group in Central America with operations in Panama, Guatemala, Costa Rica, Honduras, El Salvador and Honduras, as well as in the Dominican Republic, Ecuador and Cayman Islands. The B
Scotiabank analyst Robert Hope maintains Banco Latinoamericano (NYSE:BLX) with a Sector Outperform and raises the price target from $38 to $42.
Banco Latinoamericano (NYSE:BLX) reported quarterly earnings of $1.40 per share which beat the analyst consensus estimate of $1.14 by 22.81 percent. The company reported quarterly sales of $72.600 million which beat the analyst consensus estimate of $57.810 million by 25.58 percent. This is a 22.64 percent increase over sales of $59.200 million the same period last year.
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Thursday marks the last chance for investors to receive the next dividend payout from Banco Latinoamericano (NYSE:BLX). What's Happening The company announced on Thursday that it would pay shareholders a quarterly dividend of 50 cents per share. On Friday, Banco Latinoamericano will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 50 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Friday. Shareholders who own BLX as of the end of Thursday's session are eligible to receive the 50 cent