Banco Latinoamericano de Comercio Exterior, S. A Key Executives
This section highlights Banco Latinoamericano de Comercio Exterior, S. A's key executives, including their titles and compensation details.
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Banco Latinoamericano de Comercio Exterior, S. A Earnings
This section highlights Banco Latinoamericano de Comercio Exterior, S. A's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Last Earnings Results
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|---|---|---|---|---|
| Read Transcript | Q4 | 2024 | 2025-02-28 | N/A | N/A |
| Read Transcript | Q3 | 2024 | 2024-10-30 | N/A | N/A |
| Read Transcript | Q2 | 2024 | 2024-07-24 | N/A | N/A |
| Read Transcript | Q1 | 2024 | 2024-04-19 | N/A | N/A |
| Read Transcript | Q4 | 2023 | 2024-02-23 | N/A | N/A |
| Read Transcript | Q3 | 2023 | 2023-10-20 | N/A | N/A |
| Read Transcript | Q2 | 2023 | 2023-07-21 | N/A | N/A |
| Read Transcript | Q1 | 2023 | 2023-04-19 | N/A | N/A |
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 loans, 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, including 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.
$37.78
Stock Price
$1.29B
Market Cap
93
Employees
Panama City, None
Location
Financial Statements
Access annual & quarterly financial statements for Banco Latinoamericano de Comercio Exterior, S. A, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $286.34M | $237.34M | $166.67M | $104.95M | $99.16M |
| Cost of Revenue | $- | $-1.32M | $- | $3.49M | $- |
| Gross Profit | $286.34M | $238.65M | $166.67M | $101.46M | $99.16M |
| Gross Profit Ratio | 100.00% | 100.56% | 100.00% | 96.70% | 100.00% |
| Research and Development Expenses | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $59.75M | $34.22M | $21.65M | $21.46M |
| Selling and Marketing Expenses | $- | $1.01M | $557.00K | $179.00K | $100.00K |
| Selling General and Administrative Expenses | $54.42M | $60.76M | $34.22M | $21.65M | $21.46M |
| Other Expenses | $- | $- | $75.76M | $-63.90M | $-57.03M |
| Operating Expenses | $54.42M | $49.34M | $109.98M | $-42.25M | $-35.56M |
| Cost and Expenses | $54.42M | $49.34M | $109.98M | $-42.25M | $-35.56M |
| Interest Income | $- | $679.26M | $332.62M | $140.88M | $180.97M |
| Interest Expense | $- | $446.08M | $184.61M | $54.10M | $88.52M |
| Depreciation and Amortization | $- | $3.09M | $2.71M | $3.49M | $4.06M |
| EBITDA | $- | $169.25M | $- | $66.19M | $67.93M |
| EBITDA Ratio | 0.00% | 71.31% | 167.61% | 63.07% | 68.51% |
| Operating Income | $231.91M | $166.84M | $276.65M | $62.70M | $63.59M |
| Operating Income Ratio | 80.99% | 70.30% | 165.98% | 59.74% | 64.13% |
| Total Other Income Expenses Net | $-26.04M | $-678.00K | $-18.76M | $-14.59M | $-12.21M |
| Income Before Tax | $205.87M | $166.16M | $92.04M | $62.70M | $63.59M |
| Income Before Tax Ratio | 71.90% | 70.01% | 55.22% | 59.74% | 64.13% |
| Income Tax Expense | $- | $- | $184.61M | $62.70M | $63.59M |
| Net Income | $205.87M | $166.16M | $-92.57M | $62.70M | $63.59M |
| Net Income Ratio | 71.90% | 70.01% | -55.54% | 59.74% | 64.13% |
| EPS | $5.60 | $4.55 | $-2.55 | $1.62 | $1.60 |
| EPS Diluted | $5.60 | $4.55 | $-2.55 | $1.62 | $1.60 |
| Weighted Average Shares Outstanding | 36.74M | 36.48M | 36.30M | 38.80M | 39.66M |
| Weighted Average Shares Outstanding Diluted | 36.74M | 36.48M | 36.30M | 38.80M | 39.66M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $74.39M | $77.40M | $207.85M | $72.60M | $206.17M | $71.78M | $57.38M | $59.17M | $53.19M | $46.32M | $36.92M | $30.25M | $30.57M | $26.90M | $25.59M | $21.96M | $25.31M | $25.19M | $19.91M | $28.84M |
| Cost of Revenue | $- | $3.37M | $132.75M | $- | $- | $- | $- | $735 | $696 | $722.00K | $641 | $736 | $- | $721.00K | $944 | $1.07K | $- | $1.30K | $1.04K | $921 |
| Gross Profit | $74.39M | $74.03M | $75.10M | $72.60M | $206.17M | $71.78M | $57.38M | $59.17M | $53.18M | $45.59M | $36.92M | $30.25M | $30.57M | $26.18M | $25.59M | $21.96M | $25.31M | $25.19M | $19.90M | $28.84M |
| Gross Profit Ratio | 100.00% | 95.65% | 36.10% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 98.40% | 100.00% | 100.00% | 100.00% | 97.30% | 100.00% | 100.00% | 100.00% | 99.99% | 99.99% | 100.00% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $14.18M | $11.76M | $11.67M | $13.45M | $14.18M | $9.86M | $9.74M | $9.80M | $8.73M | $8.25M | $7.45M | $4.89M | $5.95M | $5.36M | $5.45M | $5.66M | $4.63M | $4.17M | $7.01M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $1.01M | $- | $- | $- | $557.00K | $- | $- | $- | $179.00K | $- | $- | $- | $100.00K | $- | $- | $- |
| Selling General and Administrative Expenses | $15.01M | $14.18M | $11.76M | $11.67M | $13.45M | $14.18M | $9.86M | $9.74M | $9.80M | $8.73M | $8.25M | $7.45M | $4.89M | $5.95M | $5.36M | $5.45M | $5.66M | $4.63M | $4.17M | $7.01M |
| Other Expenses | $- | $63.41M | $-6.08M | $-18.30M | $-7.40M | $-40.21M | $-30.18M | $-5.61M | $-6.08M | $-5.32M | $-4.30M | $-26.58M | $-4.82M | $-3.75M | $-4.07M | $-2.88M | $- | $- | $- | $- |
| Operating Expenses | $15.01M | $77.58M | $6.08M | $18.30M | $7.40M | $-26.02M | $-20.31M | $-15.89K | $-16.41K | $-14.62M | $-13.06K | $-19.13M | $4.82M | $3.75M | $4.07M | $2.88M | $10.14M | $8.20M | $8.41M | $10.54M |
| Cost and Expenses | $15.01M | $77.58M | $157.65M | $21.30M | $159.86M | $-26.02M | $-20.31M | $-15.15K | $-15.71K | $-13.90M | $-12.42K | $-19.13M | $24.65M | $22.39M | $24.72M | $23.11M | $10.14M | $8.20M | $8.41M | $10.54M |
| Interest Income | $- | $198.68M | $195.37M | $193.57M | $193.95M | $182.43M | $159.50M | $143.38M | $130.90M | $92.67M | $64.05M | $45.00M | $39.03M | $22.10M | $34.16M | $32.92M | $37.78M | $39.69M | $44.51M | $58.99M |
| Interest Expense | $- | $132.05M | $132.61M | $130.69M | $128.38M | $121.89M | $105.04M | $90.76M | $81.47M | $52.51M | $31.35M | $19.28M | $14.22M | $12.69M | $13.17M | $14.02M | $15.46M | $17.09M | $22.78M | $33.19M |
| Depreciation and Amortization | $- | $893.00K | $841.00K | $818.00K | $822.00K | $795.00K | $742.00K | $735.00K | $696.00K | $722.00K | $641.00K | $657.00K | $736.00K | $721.00K | $944.00K | $1.09M | $1.07M | $1.30M | $1.04M | $926.00K |
| EBITDA | $- | $- | $- | $- | $- | $46.55M | $37.81M | $- | $- | $- | $- | $11.78M | $20.80M | $16.45M | $15.03M | $13.91M | $16.81M | $16.75M | $15.15M | $19.23M |
| EBITDA Ratio | 0.00% | 0.00% | -0.12% | -0.31% | -0.11% | 64.85% | 65.89% | 217.06% | 212.82% | 172.95% | 149.02% | 38.93% | 68.05% | 61.04% | 58.73% | 63.32% | 66.44% | 66.48% | 76.09% | 66.66% |
| Operating Income | $59.37M | $-133.04M | $50.37M | $51.49M | $46.60M | $45.75M | $37.07M | $127.71M | $112.49M | $79.38M | $54.38M | $11.12M | $20.07M | $15.70M | $14.08M | $12.82M | $15.74M | $15.44M | $14.11M | $18.30M |
| Operating Income Ratio | 79.82% | -171.89% | 24.23% | 70.93% | 22.61% | 63.74% | 64.60% | 215.82% | 211.51% | 171.39% | 147.29% | 36.75% | 65.65% | 58.36% | 55.04% | 58.36% | 62.20% | 61.31% | 70.87% | 63.45% |
| Total Other Income Expenses Net | $-7.88M | $186.04M | $-5.88M | $-6.03M | $-7.57M | $-4.78M | $-5.21M | $-5.61M | $-6.10M | $-5.32M | $-4.30M | $-3.04M | $-3.89M | $-3.75M | $-4.07M | $-2.88M | $-3.57M | $-2.46M | $-1.04M | $-2.80M |
| Income Before Tax | $51.49M | $53.00M | $50.12M | $51.30M | $46.38M | $45.75M | $37.07M | $36.95M | $31.02M | $26.87M | $23.02M | $11.12M | $20.07M | $15.80M | $14.08M | $12.82M | $15.74M | $15.44M | $14.11M | $18.30M |
| Income Before Tax Ratio | 69.22% | 68.48% | 24.11% | 70.66% | 22.50% | 63.74% | 64.60% | 62.45% | 58.33% | 58.02% | 62.36% | 36.75% | 65.65% | 58.74% | 55.04% | 58.36% | 62.20% | 61.31% | 70.87% | 63.45% |
| Income Tax Expense | $- | $7.00K | $-1.09M | $51.27M | $-1.04M | $45.75M | $37.07M | $90.76M | $81.47M | $52.51M | $31.35M | $11.12M | $20.07M | $100.00K | $14.08M | $12.82M | $-191.00K | $-45.00K | $-326.00K | $-1.00K |
| Net Income | $51.49M | $52.99M | $50.12M | $51.27M | $46.38M | $45.75M | $37.07M | $-53.80M | $-50.44M | $-25.63M | $-8.33M | $11.12M | $20.07M | $15.73M | $14.08M | $12.82M | $15.74M | $15.44M | $14.11M | $18.30M |
| Net Income Ratio | 69.22% | 68.47% | 24.11% | 70.62% | 22.50% | 63.74% | 64.60% | -90.93% | -94.84% | -55.34% | -22.57% | 36.75% | 65.65% | 58.48% | 55.04% | 58.36% | 62.20% | 61.31% | 70.87% | 63.45% |
| EPS | $1.40 | $1.44 | $1.36 | $1.40 | $1.27 | $1.25 | $1.02 | $-1.48 | $-1.39 | $-0.71 | $-0.23 | $0.31 | $0.54 | $0.41 | $0.36 | $0.32 | $0.40 | $0.39 | $0.36 | $0.46 |
| EPS Diluted | $1.40 | $1.44 | $1.36 | $1.40 | $1.27 | $1.25 | $1.02 | $-1.48 | $-1.39 | $-0.71 | $-0.23 | $0.31 | $0.54 | $0.41 | $0.36 | $0.32 | $0.40 | $0.39 | $0.36 | $0.46 |
| Weighted Average Shares Outstanding | 36.79M | 36.79M | 36.77M | 36.61M | 36.54M | 36.53M | 36.49M | 36.36M | 36.32M | 36.33M | 36.31M | 36.25M | 37.07M | 38.29M | 39.66M | 39.69M | 39.68M | 39.67M | 39.65M | 39.61M |
| Weighted Average Shares Outstanding Diluted | 36.79M | 36.79M | 36.77M | 36.61M | 36.54M | 36.53M | 36.49M | 36.36M | 36.32M | 36.33M | 36.31M | 36.25M | 37.07M | 38.79M | 39.66M | 39.69M | 39.68M | 39.67M | 39.65M | 39.61M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $1.82B | $1.99B | $1.24B | $1.25B | $863.81M |
| Short Term Investments | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $1.82B | $1.99B | $1.24B | $1.25B | $863.81M |
| Net Receivables | $- | $- | $- | $- | $- |
| Inventory | $- | $- | $-1.55B | $-1.48B | $-969.50M |
| Other Current Assets | $- | $- | $- | $- | $- |
| Total Current Assets | $1.82B | $1.99B | $1.24B | $1.28B | $892.11M |
| Property Plant Equipment Net | $19.68M | $16.79M | $17.28M | $17.78M | $16.21M |
| Goodwill | $- | $- | $- | $- | $- |
| Intangible Assets | $3.66M | $2.60M | $2.10M | $1.59M | $1.98M |
| Goodwill and Intangible Assets | $3.66M | $2.60M | $2.10M | $1.59M | $1.98M |
| Long Term Investments | $- | $157.27M | $1.02B | $831.91M | $398.07M |
| Tax Assets | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $10.02B | $8.14B | $-1.04B | $-851.29M | $-416.26M |
| Total Non-Current Assets | $10.04B | $8.32B | $1.04B | $851.29M | $416.26M |
| Other Assets | $- | $439.97M | $7.00B | $5.91B | $4.98B |
| Total Assets | $11.86B | $10.74B | $9.28B | $8.04B | $6.29B |
| Account Payables | $- | $5.14M | $69.82M | $14.86M | $17.46M |
| Short Term Debt | $- | $2.04B | $965.00K | $1.58B | $1.24M |
| Tax Payables | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $9.65M | $2.65M | $- | $- |
| Other Current Liabilities | $118.49M | $913.10M | $-73.43M | $-1.60B | $-18.70M |
| Total Current Liabilities | $118.49M | $2.96B | $62.55M | $1.60B | $393.33M |
| Long Term Debt | $2.70B | $2.64B | $2.24B | $1.74B | $1.60B |
| Deferred Revenue Non-Current | $- | $9.65M | $2.65M | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $116.21M | $-2.65M | $- | $- |
| Other Non-Current Liabilities | $7.70B | $6.80B | $-2.24B | $5.31B | $-1.60B |
| Total Non-Current Liabilities | $10.40B | $9.57B | $62.55M | $3.32B | $1.99B |
| Other Liabilities | $- | $-2.99B | $8.09B | $2.13B | $2.87B |
| Total Liabilities | $10.52B | $9.54B | $8.21B | $7.05B | $5.25B |
| Preferred Stock | $- | $- | $- | $- | $- |
| Common Stock | $279.98M | $279.98M | $279.98M | $279.98M | $279.98M |
| Retained Earnings | $1.04B | $673.28M | $543.61M | $487.88M | $464.09M |
| Accumulated Other Comprehensive Income Loss | $979.00K | $238.69M | $239.35M | $219.68M | $231.44M |
| Other Total Stockholders Equity | $19.37M | $11.87M | $6.40M | $4.24M | $62.41M |
| Total Stockholders Equity | $1.34B | $1.20B | $1.07B | $991.79M | $1.04B |
| Total Equity | $1.34B | $1.20B | $1.07B | $991.79M | $1.04B |
| Total Liabilities and Stockholders Equity | $11.86B | $10.74B | $9.28B | $8.04B | $6.29B |
| Minority Interest | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $11.86B | $10.74B | $9.28B | $8.04B | $6.29B |
| Total Investments | $- | $157.27M | $1.02B | $831.91M | $398.07M |
| Total Debt | $2.70B | $4.68B | $6.63B | $3.32B | $1.99B |
| Net Debt | $879.01M | $2.63B | $5.39B | $2.07B | $1.12B |
Balance Sheet Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $1.82B | $1.71B | $1.90B | $1.73B | $2.05B | $1.64B | $1.82B | $1.31B | $1.24B | $1.05B | $867.26M | $653.79M | $1.25B | $663.98M | $823.49M | $819.51M | $863.81M | $1.40B | $2.02B | $1.35B |
| Short Term Investments | $- | $-101.08M | $-102.41M | $99.10M | $-60.38M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $1.82B | $1.61B | $1.80B | $1.73B | $1.99B | $1.64B | $1.82B | $1.31B | $1.24B | $1.05B | $867.26M | $653.79M | $1.25B | $663.98M | $823.49M | $819.51M | $863.81M | $1.40B | $2.02B | $1.35B |
| Net Receivables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $21.88M | $20.53M | $21.82M | $28.30M | $31.75M | $33.73M | $43.42M |
| Inventory | $- | $- | $- | $-2.23B | $-2.10B | $-2.03B | $-2.31B | $-1.65B | $-1.55B | $-1.20B | $-1.06B | $-883.45M | $-1.48B | $- | $- | $- | $- | $- | $- | $- |
| Other Current Assets | $- | $- | $- | $- | $2.43B | $- | $- | $- | $- | $- | $- | $- | $- | $5.50B | $5.34B | $5.13B | $4.98B | $4.62B | $4.45B | $5.32B |
| Total Current Assets | $1.82B | $1.61B | $1.80B | $1.73B | $2.43B | $1.64B | $1.82B | $1.31B | $1.24B | $1.11B | $905.28M | $685.94M | $1.28B | $6.19B | $6.18B | $5.97B | $5.87B | $6.06B | $6.51B | $6.72B |
| Property Plant Equipment Net | $19.68M | $15.98M | $15.82M | $16.29M | $16.79M | $16.81M | $16.98M | $16.88M | $17.28M | $17.20M | $17.18M | $17.33M | $17.78M | $15.29M | $14.84M | $15.36M | $16.21M | $16.62M | $17.11M | $18.11M |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $2.37M | $2.10M | $- | $1.60M | $1.69M | $- | $- | $1.55M | $- | $- | $- | $- | $- |
| Intangible Assets | $3.66M | $3.09M | $2.60M | $2.62M | $2.60M | $2.46M | $2.25M | $2.37K | $2.10K | $2.09M | $1.60K | $1.59K | $1.59M | $1.66M | $1.55K | $1.71M | $1.98M | $864.00K | $1.05M | $1.24M |
| Goodwill and Intangible Assets | $3.66M | $3.09M | $2.60M | $2.62M | $2.60M | $2.46M | $2.25M | $2.37M | $2.10M | $2.09M | $1.60M | $1.69M | $1.59M | $1.66M | $1.55M | $1.71M | $1.98M | $864.00K | $1.05M | $1.24M |
| Long Term Investments | $- | $1.21B | $92.65M | $1.11B | $157.27M | $1.01B | $1.01B | $939.88M | $1.02B | $1.05B | $1.11B | $1.10B | $831.91M | $772.96M | $527.17M | $391.40M | $398.07M | $238.57M | $100.22M | $86.33M |
| Tax Assets | $- | $- | $- | $-1.11B | $8.13B | $- | $- | $- | $- | $- | $- | $-9.20M | $-8.42M | $-5.63M | $-6.52M | $-6.71M | $-5.42B | $-4.94B | $-4.65B | $-5.51B |
| Other Non-Current Assets | $10.02B | $9.78B | $-111.08M | $8.94B | $13.99M | $-1.03B | $-1.03B | $-959.12M | $-1.04B | $-1.07B | $-1.13B | $9.20M | $8.42M | $5.63M | $6.52M | $6.71M | $5.42B | $4.94B | $4.65B | $5.51B |
| Total Non-Current Assets | $10.04B | $11.02B | $8.60B | $8.96B | $8.32B | $1.03B | $1.03B | $959.12M | $1.04B | $1.07B | $1.13B | $1.12B | $851.29M | $789.91M | $543.57M | $408.47M | $416.26M | $256.06M | $118.38M | $105.67M |
| Other Assets | $- | $-1.21B | $500.81M | $- | $- | $7.42B | $7.28B | $6.98B | $7.00B | $7.14B | $6.89B | $6.65B | $5.91B | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $11.86B | $11.41B | $10.91B | $10.69B | $10.74B | $10.09B | $10.13B | $9.25B | $9.28B | $9.32B | $8.92B | $8.46B | $8.04B | $6.98B | $6.72B | $6.37B | $6.29B | $6.31B | $6.63B | $6.82B |
| Account Payables | $- | $93.01M | $4.13M | $102.64M | $97.24M | $93.75M | $84.60M | $75.85M | $69.82M | $62.65M | $39.97M | $33.51M | $14.86M | $15.50M | $14.92M | $15.58M | $17.46M | $16.83M | $13.42M | $17.24M |
| Short Term Debt | $- | $- | $838.14M | $1.16M | $1.91B | $982.00K | $977.00K | $989.00K | $965.00K | $2.14B | $1.82B | $1.39B | $1.58B | $1.33M | $1.30M | $2.33M | $382.18M | $427.30M | $1.26B | $1.68B |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $7.83M | $10.03M | $9.65M | $-1.71B | $-1.72B | $- | $2.65M | $- | $- | $- | $- | $-693.00M | $-465.90M | $-452.82M | $- | $- | $- | $- |
| Other Current Liabilities | $118.49M | $-93.01M | $-850.10M | $-103.80M | $1.10B | $-94.73M | $-85.57M | $-76.84M | $-70.78M | $-2.21B | $-1.86B | $-1.43B | $-1.60B | $-16.82M | $-16.22M | $1.05B | $- | $-444.13M | $-1.27B | $-1.70B |
| Total Current Liabilities | $118.49M | $- | $1.90B | $94.56M | $2.93B | $88.54M | $74.29M | $61.48M | $62.55M | $2.21B | $1.86B | $1.41B | $1.60B | $432.29M | $565.75M | $471.97M | $399.64M | $444.13M | $1.27B | $1.70B |
| Long Term Debt | $2.70B | $3.59B | $2.72B | $2.80B | $2.64B | $2.47B | $2.27B | $2.26B | $15.78M | $1.96B | $2.05B | $2.19B | $1.74B | $1.54B | $1.51B | $1.41B | $1.60B | $1.64B | $1.37B | $1.45B |
| Deferred Revenue Non-Current | $- | $- | $- | $10.03M | $9.65M | $- | $- | $- | $2.65M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $1.37B | $-10.03M | $-9.65M | $- | $- | $- | $-2.65M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $7.70B | $-3.59B | $-4.08B | $6.64B | $6.90B | $-2.47B | $-2.27B | $5.90B | $8.20B | $6.31B | $5.86B | $5.27B | $5.31B | $4.42B | $4.18B | $3.93B | $-1.60B | $3.65B | $4.24B | $4.35B |
| Total Non-Current Liabilities | $10.40B | $- | $8.80B | $9.36B | $6.61B | $4.07B | $4.06B | $61.48M | $62.55M | $2.21B | $1.86B | $3.58B | $3.32B | $1.54B | $1.51B | $1.41B | $1.60B | $1.64B | $1.37B | $1.45B |
| Other Liabilities | $- | $10.10B | $-1.05B | $- | $- | $4.78B | $4.87B | $8.03B | $8.09B | $3.86B | $4.20B | $2.46B | $2.13B | $3.99B | $3.62B | $3.45B | $3.25B | $3.20B | $2.96B | $2.65B |
| Total Liabilities | $10.52B | $10.10B | $9.64B | $9.45B | $9.54B | $8.93B | $9.01B | $8.15B | $8.21B | $8.27B | $7.91B | $7.45B | $7.05B | $5.96B | $5.69B | $5.34B | $5.25B | $5.29B | $5.61B | $5.80B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $279.98M | $279.98M | $279.98M | $279.98M | $279.98M | $279.98M | $279.98M | $279.98M | $279.98M | $279.98M | $279.98M | $279.98M | $279.98M | $279.98M | $279.98M | $279.98M | $279.98M | $279.98M | $279.98M | $279.98M |
| Retained Earnings | $1.04B | $763.46M | $737.96M | $706.23M | $673.28M | $636.03M | $599.07M | $571.47M | $543.61M | $521.67M | $503.88M | $489.94M | $487.88M | $477.11M | $471.12M | $466.98M | $464.09M | $458.26M | $452.74M | $448.76M |
| Accumulated Other Comprehensive Income Loss | $979.00K | $249.58M | $230.59M | $238.40M | $238.69M | $234.20M | $239.23M | $236.16M | $239.35M | $241.12M | $229.22M | $229.98M | $219.68M | $220.37M | $222.50M | $226.86M | $231.44M | $225.48M | $227.56M | $228.57M |
| Other Total Stockholders Equity | $19.37M | $16.80M | $15.06M | $13.30M | $11.87M | $10.77M | $9.24M | $7.92M | $6.40M | $6.16M | $5.46M | $4.66M | $4.24M | $35.26M | $57.10M | $62.85M | $62.41M | $61.98M | $61.58M | $61.18M |
| Total Stockholders Equity | $1.34B | $1.31B | $1.26B | $1.24B | $1.20B | $1.16B | $1.13B | $1.10B | $1.07B | $1.05B | $1.02B | $1.00B | $991.79M | $1.01B | $1.03B | $1.04B | $1.04B | $1.03B | $1.02B | $1.02B |
| Total Equity | $1.34B | $1.31B | $1.26B | $1.24B | $1.20B | $1.16B | $1.13B | $1.10B | $1.07B | $1.05B | $1.02B | $1.00B | $991.79M | $1.01B | $1.03B | $1.04B | $1.04B | $1.03B | $1.02B | $1.02B |
| Total Liabilities and Stockholders Equity | $11.86B | $11.41B | $10.91B | $10.69B | $10.74B | $10.09B | $10.13B | $9.25B | $9.28B | $9.32B | $8.92B | $8.46B | $8.04B | $6.98B | $6.72B | $6.37B | $6.29B | $6.31B | $6.63B | $6.82B |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $11.86B | $11.41B | $10.91B | $10.69B | $10.74B | $10.09B | $10.13B | $9.25B | $9.28B | $9.32B | $8.92B | $8.46B | $8.04B | $6.98B | $6.72B | $6.37B | $6.29B | $6.31B | $6.63B | $6.82B |
| Total Investments | $- | $1.21B | $92.65M | $1.11B | $157.27M | $1.01B | $1.01B | $939.88M | $1.02B | $1.05B | $1.11B | $1.10B | $831.91M | $772.96M | $527.17M | $391.40M | $398.07M | $238.57M | $100.22M | $86.33M |
| Total Debt | $2.70B | $3.59B | $3.56B | $3.95B | $4.68B | $4.07B | $4.06B | $3.97B | $4.43B | $4.11B | $3.86B | $3.58B | $3.32B | $1.96B | $2.06B | $1.87B | $1.99B | $2.07B | $2.63B | $3.14B |
| Net Debt | $879.01M | $1.88B | $1.65B | $2.22B | $2.63B | $2.42B | $2.24B | $2.66B | $3.19B | $3.06B | $2.99B | $2.93B | $2.07B | $1.30B | $1.24B | $1.05B | $1.12B | $665.27M | $605.85M | $1.78B |
Annual Cash Flow
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Net Income | $205.87M | $166.16M | $92.04M | $62.70M | $63.59M |
| Depreciation and Amortization | $3.56M | $3.09M | $2.71M | $3.49M | $4.34M |
| Deferred Income Tax | $- | $- | $- | $101.81M | $104.17M |
| Stock Based Compensation | $7.50M | $5.47M | $2.16M | $1.91M | $1.72M |
| Change in Working Capital | $-1.31B | $9.58M | $-894.01M | $-954.83M | $1.17B |
| Accounts Receivables | $- | $- | $- | $- | $- |
| Inventory | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $- | $- | $- |
| Other Working Capital | $-1.31B | $9.58M | $-894.01M | $-954.83M | $1.17B |
| Other Non Cash Items | $-34.23M | $-339.62M | $27.44M | $-86.78M | $-92.45M |
| Net Cash Provided by Operating Activities | $-1.13B | $-155.32M | $-769.65M | $-871.71M | $1.25B |
| Investments in Property Plant and Equipment | $-1.81M | $-761.00K | $-2.72M | $-806.00K | $-2.31M |
| Acquisitions Net | $- | $- | $- | $353.00K | $-1.31M |
| Purchases of Investments | $- | $-447.13M | $-458.98M | $-628.44M | $-372.06M |
| Sales Maturities of Investments | $- | $436.46M | $245.36M | $183.16M | $54.46M |
| Other Investing Activities | $-178.21M | $-1.33M | $49.68M | $-353.00K | $1.31M |
| Net Cash Used for Investing Activities | $-180.02M | $-12.77M | $-166.66M | $-446.08M | $-319.90M |
| Debt Repayment | $364.17M | $274.00M | $500.32M | $1.36B | $-1.17B |
| Common Stock Issued | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $- | $- | $- | $-60.08M | $- |
| Dividends Paid | $-72.78M | $-36.27M | $-36.14M | $-38.57M | $-44.67M |
| Other Financing Activities | $848.78M | $726.48M | $452.07M | $314.16M | $220.70M |
| Net Cash Used Provided by Financing Activities | $1.14B | $964.22M | $916.25M | $1.58B | $-1.24B |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- |
| Net Change in Cash | $-167.14M | $796.13M | $-20.07M | $364.99M | $-313.71M |
| Cash at End of Period | $1.82B | $1.99B | $1.19B | $1.21B | $846.01M |
| Cash at Beginning of Period | $1.99B | $1.19B | $1.21B | $846.01M | $1.16B |
| Operating Cash Flow | $-1.13B | $250.75M | $-769.65M | $-871.71M | $1.25B |
| Capital Expenditure | $-1.81M | $-761.00K | $-2.72M | $-806.00K | $-2.31M |
| Free Cash Flow | $-1.13B | $248.65M | $-772.37M | $-872.52M | $1.25B |
Cash Flow Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $51.49M | $52.99M | $50.12M | $51.27M | $46.38M | $45.75M | $37.07M | $36.95M | $31.02M | $26.87M | $23.02M | $11.12M | $20.07M | $15.73M | $14.08M | $12.82M | $15.74M | $15.44M | $14.11M | $18.30M |
| Depreciation and Amortization | $1.01M | $893.00K | $841.00K | $818.00K | $822.00K | $795.00K | $741.00K | $735.00K | $696.00K | $721.00K | $641.00K | $657.00K | $736.00K | $721.00K | $944.00K | $1.09M | $1.07M | $1.30M | $1.04M | $926.00K |
| Deferred Income Tax | $- | $- | $- | $- | $-2.75M | $-3.11M | $109.40M | $- | $- | $- | $- | $- | $28.19M | $24.75M | $23.22M | $25.64M | $29.88M | $17.51M | $32.82M | $23.96M |
| Stock Based Compensation | $2.57M | $1.74M | $1.76M | $1.43M | $1.10M | $1.52M | $1.33M | $1.52M | $242.00K | $701.00K | $796.00K | $418.00K | $415.00K | $603.00K | $452.00K | $438.00K | $431.00K | $403.00K | $404.00K | $484.00K |
| Change in Working Capital | $-361.80M | $-634.27M | $9.19M | $-29.88M | $10.09M | $3.34M | $373.96M | $479.37M | $104.15M | $-34.01M | $-465.00M | $-499.15M | $-792.11M | $-48.14M | $10.45M | $-125.03M | $-213.01M | $113.97M | $1.22B | $47.92M |
| Accounts Receivables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Inventory | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Working Capital | $-361.80M | $-634.27M | $9.19M | $316.39M | $241.34M | $3.34M | $373.96M | $479.37M | $104.15M | $-34.01M | $-465.00M | $-499.15M | $-792.11M | $-48.14M | $10.45M | $-125.03M | $-213.01M | $113.97M | $1.22B | $47.92M |
| Other Non Cash Items | $1.59M | $-44.30M | $-120.53M | $-8.98M | $1.64M | $16.09M | $-54.46M | $-370.00K | $24.47M | $-4.23M | $1.45M | $5.74M | $-24.81M | $-22.08M | $-21.00M | $-18.89M | $-22.32M | $-22.61M | $-21.72M | $-25.80M |
| Net Cash Provided by Operating Activities | $-305.13M | $-622.95M | $-58.62M | $11.59M | $57.29M | $64.39M | $468.03M | $518.21M | $160.58M | $-9.94M | $-439.08M | $-481.21M | $-767.51M | $-28.41M | $28.15M | $-103.94M | $-188.21M | $126.02M | $1.24B | $65.80M |
| Investments in Property Plant and Equipment | $-788.00K | $-818.00K | $-128.00K | $-314.00K | $-434.00K | $-707.00K | $-360.00K | $-595.00K | $-788.00K | $-1.23M | $-407.00K | $-296.00K | $-202.00K | $-256.00K | $-192.00K | $-156.00K | $-1.71M | $-552.00K | $-40.00K | $-9.00K |
| Acquisitions Net | $- | $- | $- | $- | $-220.39M | $-143.68M | $78.00K | $-76.66M | $- | $-56.91M | $16.86M | $- | $56.00K | $201.00K | $96.00K | $- | $-1.31M | $- | $- | $- |
| Purchases of Investments | $- | $- | $-140.44M | $-120.20M | $-77.00M | $-45.29M | $-261.63M | $-63.21M | $-35.70M | $-17.12M | $-92.03M | $-314.13M | $-106.39M | $-300.06M | $-182.98M | $-39.01M | $-179.27M | $-155.98M | $-22.25M | $-14.55M |
| Sales Maturities of Investments | $- | $- | $105.42M | $31.29M | $64.22M | $43.43M | $188.48M | $140.32M | $53.71M | $74.66M | $75.21M | $41.78M | $42.19M | $51.64M | $46.74M | $42.60M | $8.00M | $23.40M | $6.35M | $16.71M |
| Other Investing Activities | $11.42M | $-65.23M | $-240.00K | $-89.14M | $-13.14M | $-2.31M | $-78.00K | $76.66M | $49.68M | $56.91M | $-16.86M | $-272.56M | $-56.00K | $-201.00K | $-96.00K | $3.59M | $1.31M | $-132.58M | $-15.90M | $2.16M |
| Net Cash Used for Investing Activities | $10.64M | $-66.04M | $-35.39M | $-241.40M | $-246.74M | $-148.55M | $-73.50M | $76.52M | $66.90M | $56.31M | $-17.23M | $-272.64M | $-64.41M | $-248.68M | $-136.43M | $3.44M | $-172.98M | $-133.13M | $-15.94M | $2.15M |
| Debt Repayment | $-626.00K | $162.24M | $-226.70M | $140.64M | $325.21M | $-40.29M | $47.59M | $-559.15M | $18.96M | $278.56M | $313.65M | $243.91M | $1.35B | $143.20M | $176.41M | $-166.17M | $-142.21M | $-582.65M | $-513.37M | $71.56M |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-31.43M | $-22.44M | $-6.20M | $- | $- | $- | $- | $- |
| Dividends Paid | $-18.21M | $-18.21M | $-18.23M | $-18.12M | $-9.00M | $-9.06M | $-9.12M | $-9.09M | $-8.98M | $-9.04M | $-9.13M | $-8.99M | $-9.21M | $-9.59M | $-9.93M | $-9.84M | $-9.85M | $-9.74M | $-9.91M | $-15.16M |
| Other Financing Activities | $524.84M | $352.25M | $473.91M | $-213.60M | $315.81M | $-79.49M | $565.69M | $425.12M | $-251.00K | $-161.98M | $195.00M | $137.99M | $-246.09M | $32.31M | $116.24M | $268.15M | $- | $260.00K | $-43.48M | $-407.38M |
| Net Cash Used Provided by Financing Activities | $506.01M | $496.28M | $228.98M | $-91.09M | $632.02M | $-128.84M | $98.44M | $-521.14M | $9.73M | $107.54M | $645.71M | $153.26M | $1.07B | $143.48M | $276.52M | $92.14M | $-152.06M | $-592.13M | $-566.77M | $69.75M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $-440.92M | $1 | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $211.51M | $-192.72M | $134.96M | $-320.90M | $442.57M | $-212.99M | $492.97M | $73.59M | $237.22M | $153.91M | $189.40M | $-600.59M | $578.65M | $-166.24M | $7.79M | $-55.21M | $-513.26M | $-599.25M | $661.10M | $137.70M |
| Cash at End of Period | $1.82B | $1.61B | $1.80B | $1.67B | $1.99B | $1.54B | $1.76B | $1.26B | $1.19B | $953.72M | $799.81M | $610.41M | $1.21B | $632.35M | $798.59M | $790.80M | $846.01M | $1.36B | $1.96B | $1.30B |
| Cash at Beginning of Period | $1.61B | $1.80B | $1.67B | $1.99B | $1.54B | $1.76B | $1.26B | $1.19B | $953.72M | $799.81M | $610.41M | $1.21B | $632.35M | $798.59M | $790.80M | $846.01M | $1.36B | $1.96B | $1.30B | $1.16B |
| Operating Cash Flow | $-305.13M | $-622.95M | $-58.62M | $11.59M | $57.29M | $64.39M | $468.03M | $518.21M | $160.58M | $-9.94M | $-439.08M | $-481.21M | $-767.51M | $-28.41M | $28.15M | $-103.94M | $-188.21M | $126.02M | $1.24B | $65.80M |
| Capital Expenditure | $-788.00K | $-818.00K | $-128.00K | $-314.00K | $-434.00K | $-707.00K | $-360.00K | $-595.00K | $-788.00K | $-1.23M | $-407.00K | $-296.00K | $-202.00K | $-256.00K | $-192.00K | $-156.00K | $-1.71M | $-552.00K | $-40.00K | $-9.00K |
| Free Cash Flow | $-305.92M | $-623.76M | $-58.75M | $11.28M | $56.86M | $63.69M | $467.67M | $517.62M | $159.79M | $-11.17M | $-439.49M | $-481.51M | $-767.71M | $-28.67M | $27.96M | $-104.09M | $-189.92M | $125.46M | $1.24B | $65.79M |
Banco Latinoamericano de Comercio Exterior, S. A Dividends
Explore Banco Latinoamericano de Comercio Exterior, S. A's dividend history, including dividend yield, payout ratio, and historical payments.
Dividend Yield
5.57%
Dividend Payout Ratio
35.35%
Dividend Paid & Capex Coverage Ratio
-15.11x
Banco Latinoamericano de Comercio Exterior, S. A Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.625 | $0.625 | March 10, 2025 | March 10, 2025 | March 25, 2025 | February 27, 2025 |
| $0.625 | $0.625 | March 06, 2025 | March 10, 2025 | March 25, 2025 | February 27, 2025 |
| $0.5 | $0.5 | November 08, 2024 | November 08, 2024 | November 26, 2024 | October 29, 2024 |
| $0.5 | $0.5 | August 05, 2024 | August 05, 2024 | August 20, 2024 | July 23, 2024 |
| $0.5 | $0.5 | April 26, 2024 | April 29, 2024 | May 15, 2024 | April 18, 2024 |
| $0.5 | $0.5 | March 01, 2024 | March 04, 2024 | March 19, 2024 | February 22, 2024 |
| $0.25 | $0.25 | October 27, 2023 | October 30, 2023 | November 16, 2023 | October 19, 2023 |
| $0.25 | $0.25 | July 28, 2023 | July 31, 2023 | August 15, 2023 | July 20, 2023 |
| $0.25 | $0.25 | May 03, 2023 | May 04, 2023 | May 17, 2023 | April 18, 2023 |
| $0.25 | $0.25 | March 09, 2023 | March 10, 2023 | March 28, 2023 | February 27, 2023 |
| $0.25 | $0.25 | November 10, 2022 | November 14, 2022 | November 30, 2022 | November 01, 2022 |
| $0.25 | $0.25 | August 12, 2022 | August 15, 2022 | August 30, 2022 | August 03, 2022 |
| $0.25 | $0.25 | May 13, 2022 | May 16, 2022 | June 01, 2022 | May 04, 2022 |
| $0.25 | $0.25 | March 04, 2022 | March 07, 2022 | March 22, 2022 | February 22, 2022 |
| $0.25 | $0.25 | November 08, 2021 | November 09, 2021 | November 23, 2021 | October 29, 2021 |
| $0.25 | $0.25 | August 06, 2021 | August 09, 2021 | August 24, 2021 | July 28, 2021 |
| $0.25 | $0.25 | May 14, 2021 | May 17, 2021 | June 02, 2021 | May 05, 2021 |
| $0.25 | $0.25 | February 22, 2021 | February 23, 2021 | March 10, 2021 | February 12, 2021 |
| $0.25 | $0.25 | November 06, 2020 | November 09, 2020 | November 25, 2020 | October 27, 2020 |
| $0.25 | $0.25 | August 07, 2020 | August 10, 2020 | August 25, 2020 | July 28, 2020 |
Banco Latinoamericano de Comercio Exterior, S. A News
Read the latest news about Banco Latinoamericano de Comercio Exterior, S. A, including recent articles, headlines, and updates.
Bladex and Scotiabank lead US$100 million loan for EGE Haina
The syndicated loan follows the Green Loan Principles (GLP) guidelines of the Loan Market Association (LMA) and the Loan Syndications and Trading Association (LSTA). It reflects the commitment of both entities to support projects that promote the transition to renewable energy, help mitigate climate change and strengthen the energy supply for the country's growth.
Bladex leads a new USD 200 million syndicated loan for CrediQ in Costa Rica, El Salvador, and Guatemala.
PANAMA CITY , March 12, 2025 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) announces the successful closing of a USD 200 million syndicated loan in partnership with Banco Agrícola S.A.
Bladex's Growth Cannot Offset Spread Contraction And Cycle Risks; Moving To Hold
Bladex's loan book is expanding, but margin compression continues due to lower rates and higher liquidity, impacting net interest margins. The LatAm macroeconomic environment is uncertain, affecting loan growth and credit risk, with concerns around US/Mexico tariffs and commodity price weakness. Despite strong risk management and low delinquencies, Bladex's valuation has become less attractive, moving from a Buy to a Hold rating.
Banco Latinoamericano de Comercio Exterior, S. A. (BLX) Q4 2024 Earnings Conference Call Transcript
Start Time: 10:00 January 1, 0000 10:55 AM ET Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX ) Q4 2024 Earnings Conference Call February 28, 2025, 10:00 AM ET Company Participants Jorge Salas - CEO Ana Graciela de Mendez - EVP and CFO Annette van Hoorde - SVP, Funding and Asset-Liability Management Eduardo Vivone - EVP, Treasury and Capital Markets Samuel Canineu - Chief Commercial Officer, Brazil Conference Call Participants Ricardo Buchpiguel - BTG Daniel Mora - Credicorp Capital Operator Good morning, ladies and gentlemen, and welcome to Bladex's Fourth Quarter 2024 Earnings Conference Call.
Bladex Achieves Record Financial Results and Increases Dividend by 25%
Historic net income of $206 million, a 24% increase year-over-year 25% dividend increase, reflecting confidence in the bank's growth trajectory Solid growth in fee income, driven by higher activity in syndications and letters of credit PANAMA CITY, Feb. 28, 2025 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) (NYSE: BLX) announced today its financial results for the fourth quarter and full year 2024, achieving historic levels of profitability and business growth.
Bladex announces 4Q24 Net Profit of $51.5 Million, or $1.40 per share, reaching an annual record Net Profit of $205.9 Million, or $5.60 per share
PANAMA CITY , Feb. 27, 2025 /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 Fourth Quarter ("4Q24") and Full-year ("FY24") ended December 31, 2024.
BLADEX ANNOUNCES QUARTERLY DIVIDEND PAYMENT FOR FOURTH QUARTER 2024
PANAMA CITY , Feb. 27, 2025 /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$0.625 per share corresponding to the fourth quarter of 2024.
Bladex and Finanzauto Close ESG Syndicated Loan to Promote SME Development in Colombia
PANAMA CITY , Jan. 22, 2025 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) (NYSE: BLX) has announced the successful closing of a US dollar and Colombian peso syndicated loan for US$53 million and COP 60,000 million, respectively, for Finanzauto S.A.
BLADEX ANNOUNCES CHIEF FINANCIAL OFFICER TRANSITION
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.
Bladex Leads US$86 Million Syndicated Loan to Support Grupo Monge's Business
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.
Bladex Continues To Grow But Warns Of Higher Competition, Still A Buy
Bladex results are in line with continued growth in assets and flat spreads. However, the bank has warned of increasing competition. The company is expecting to grow its fee-based revenues, to reduce exposure to spread and interest rate risk. The bank offers a yield of more than 15%, at the same time as it grows its loan book at mid-teens. This seems very attractive.
Banco Latinoamericano de Comercio Exterior, S. A. (BLX) Q3 2024 Earnings Call Transcript
Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX ) Q3 2024 Earnings Conference Call October 30, 2024 11:00 AM ET Company Participants Jorge Salas – Chief Executive Officer Ana Graciela de Mendez – Chief Financial Officer Samuel Canineu – Chief Commercial Officer-Brazil Conference Call Participants Ricardo Buchpiguel – BTG Daniel Mora – Credicorp Capital Miruna Chirea – Jefferies Operator Good morning, ladies and gentlemen and welcome to Bladex Third Quarter 2024 Earnings Conference Call.
Bladex announces 3Q24 Net Profit of $53.0 Million, or $1.44 per share; annualized return on equity of 16.4% in 3Q24
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.
BLADEX ANNOUNCES QUARTERLY DIVIDEND PAYMENT FOR THIRD QUARTER 2024
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.
Bladex strengthens its team with Sergio Olarte as Chief Economist
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.
Bladex: Q2 2024 Keeps The Performance Trend, The Bank Is Still A Buy
Bladex reported strong 2Q24 results with continued growth in book size, income, and fees. The bank's efficiency ratio is below 25%, making it one of the most efficient globally. Main risk is a global recession affecting Latin American trade patterns, but the stock remains attractive with a Buy rating.
Bladex announces 2Q24 Net Profit of $50.1 Million, or $1.36 per share; annualized return on equity of 16.2% in 2Q24
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.
BLADEX ANNOUNCES QUARTERLY DIVIDEND PAYMENT FOR SECOND QUARTER 2024
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.
Bladex selects CGI as partner for trade finance business evolution, enabled by the CGI Trade360® global technology platform
Stock Market Symbols GIB.A (TSX) GIB (NYSE) www.cgi.com/newsroom MONTRÉAL, July 18, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services firms in the world, and Bladex (NYSE: BLX), Banco Latinoamericano de Comercio Exterior, announced an agreement for the implementation of the CGI Trade360® trade technology platform. Bladex will become the first bank headquartered in Latin America to implement the CGI Trade360® platform, an award-winning software-as-a-service (SaaS) platform utilized by global banks to support trade finance in over 85 countries across Asia, Europe, North America and Oceania.
Bladex Selects CGI as Partner for Trade Finance Business Evolution, Enabled by the CGI Trade360® Global Technology Platform
PANAMA CITY , July 18, 2024 /PRNewswire/ -- Bladex - Banco Latinoamericano de Comercio Exterior (NYSE: BLX) and CGI (TSX: GIB.A) (NYSE: GIB), one of the world's largest independent business and IT consulting firms, announced an agreement for the implementation of the CGI Trade360 trade technology platform. Bladex will become the first bank headquartered in Latin America to implement the CGI Trade360 platform, an award-winning software-as-a-service (SaaS) platform utilized by global banks to support trade finance in over 85 countries across Asia, Europe, North America, and Oceanias.
Bladex Acts as Joint Lead Arranger and Bookrunner for Interceramic US$665mm Syndicated Loan Facility
PANAMA CITY , June 27, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior ("Bladex", or "the Bank", NYSE: BLX) announced today the successful structuring of a syndicated loan for US$665 million, consisting of a US$600 million tranche for 12 months and a US$65 million revolving line for 3 years (the "Facility") for Internacional de Cerámica, SAB de CV. ("Interceramic" or "the Company").
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