NYSE:BLX Banco Latinoamericano de Comercio Exterior, S. A. (BLX) Stock Price, News & Analysis $30.99 +0.11 (+0.36%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$30.33▼$31.0150-Day Range$27.92▼$34.0652-Week Range$20.01▼$34.45Volume125,791 shsAverage Volume128,828 shsMarket Capitalization$1.13 billionP/E Ratio6.27Dividend Yield6.45%Price Target$39.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Banco Latinoamericano de Comercio Exterior, S. A. alerts: Email Address Banco Latinoamericano de Comercio Exterior, S. A. MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside27.5% Upside$39.50 Price TargetShort InterestHealthy0.60% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.85Upright™ Environmental ScoreNews Sentiment0.98Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth10.87%From $4.60 to $5.10 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.91 out of 5 starsFinance Sector24th out of 871 stocksCommercial Banks, Not Elsewhere Classified Industry2nd out of 32 stocks 3.5 Analyst's Opinion Consensus RatingBanco Latinoamericano de Comercio Exterior, S. A. has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageBanco Latinoamericano de Comercio Exterior, S. A. has only been the subject of 1 research reports in the past 90 days.Read more about Banco Latinoamericano de Comercio Exterior, S. A.'s stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.60% of the float of Banco Latinoamericano de Comercio Exterior, S. A. has been sold short.Short Interest Ratio / Days to CoverBanco Latinoamericano de Comercio Exterior, S. A. has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Banco Latinoamericano de Comercio Exterior, S. A. has recently decreased by 6.59%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipBanco Latinoamericano de Comercio Exterior, S. A. is a leading dividend payer. It pays a dividend yield of 6.47%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBanco Latinoamericano de Comercio Exterior, S. A. does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Banco Latinoamericano de Comercio Exterior, S. A. is 40.49%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Banco Latinoamericano de Comercio Exterior, S. A. will have a dividend payout ratio of 39.22% next year. This indicates that Banco Latinoamericano de Comercio Exterior, S. A. will be able to sustain or increase its dividend.Read more about Banco Latinoamericano de Comercio Exterior, S. A.'s dividend. Previous Next 2.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreBanco Latinoamericano de Comercio Exterior, S. A. has received a -2.47% net impact score from Upright. Banco Latinoamericano uses resources or causes negative impacts mostly in categories "Scarce human capital", "GHG emissions", and "Biodiversity". The negative contribution in the "GHG emissions" impact category seems to be driven mostly by its "Development loans for corporations", "Debt capital raising services", and "Syndicate loans" products. See details.Environmental SustainabilityThe Environmental Impact score for Banco Latinoamericano de Comercio Exterior, S. A. is -0.85. Previous Next 3.3 News and Social Media Coverage News SentimentBanco Latinoamericano de Comercio Exterior, S. A. has a news sentiment score of 0.98. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Banco Latinoamericano de Comercio Exterior, S. A. this week, compared to 1 article on an average week.Search InterestOnly 10 people have searched for BLX on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows2 people have added Banco Latinoamericano de Comercio Exterior, S. A. to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Banco Latinoamericano de Comercio Exterior, S. A. insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.20% of the stock of Banco Latinoamericano de Comercio Exterior, S. A. is held by insiders.Percentage Held by InstitutionsOnly 19.47% of the stock of Banco Latinoamericano de Comercio Exterior, S. A. is held by institutions.Read more about Banco Latinoamericano de Comercio Exterior, S. A.'s insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Banco Latinoamericano de Comercio Exterior, S. A. are expected to grow by 10.87% in the coming year, from $4.60 to $5.10 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Banco Latinoamericano de Comercio Exterior, S. A. is 6.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.87.Price to Earnings Ratio vs. SectorThe P/E ratio of Banco Latinoamericano de Comercio Exterior, S. A. is 6.27, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 32.21.Price to Book Value per Share RatioBanco Latinoamericano de Comercio Exterior, S. A. has a P/B Ratio of 0.90. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Banco Latinoamericano de Comercio Exterior, S. A.'s valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyWhy billionaires are wiring money to abandoned towns A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution. Click here for my exclusive video About Banco Latinoamericano de Comercio Exterior, S. A. Stock (NYSE:BLX)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 also offers bilateral loans; structured loans including syndicated and clubbed, such as acquisition and pre-export financing, A/B loan financing, bridge loans, and liability management; and project financing. In addition, the company provides letter of credit comprising import and export letters of credit, and credit discounting and financing, as well as usance payable at sight; stand-by services; bank guarantees, which includes first demand and local guarantees; import and export documentary collection; irrevocable reimbursement undertaking, and canal tolls. Further, it offers liquidity and investment solutions including time deposits, DDA accounts, Yankee certificate of deposits, and EMTN private placement services, as well as supply chain finance services. The company primarily serves financial institutions, corporations, and sovereigns and state-owned entities. Banco Latinoamericano de Comercio Exterior, S. A.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. The company was founded in 1977 and is headquartered in Panama City, the Republic of Panama.Read More BLX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BLX Stock News HeadlinesSeptember 2, 2024 | finance.yahoo.comBanco Latinoamericano de Comercio Exterior, S. A.'s (NYSE:BLX) largest shareholders are individual investors with 53% ownership, institutions own 39%July 26, 2024 | finance.yahoo.comBanco Latinoamericano de Comercio Exterior S. A Second Quarter 2024 Earnings: EPS: US$1.36 (vs US$1.02 in 2Q 2023)September 7, 2024 | Deal Maker (Ad)The solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.July 25, 2024 | seekingalpha.comBanco Latinoamericano de Comercio Exterior, S. A. (BLX) Q2 2024 Earnings Call TranscriptJuly 24, 2024 | seekingalpha.comBladex: Q2 2024 Keeps The Performance Trend, The Bank Is Still A BuyJuly 24, 2024 | seekingalpha.comBanco Latinoamericano de Comercio Exterior, S. A. 2024 Q2 - Results - Earnings Call PresentationJuly 24, 2024 | es-us.finanzas.yahoo.comBLADEX ANUCIA PAGO DE DIVIDENDO DEL SEGUNDO TRIMESTRE 2024July 23, 2024 | prnewswire.comBLADEX ANNOUNCES QUARTERLY DIVIDEND PAYMENT FOR SECOND QUARTER 2024September 7, 2024 | Deal Maker (Ad)The solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.July 23, 2024 | prnewswire.comBladex announces 2Q24 Net Profit of $50.1 Million, or $1.36 per share; annualized return on equity of 16.2% in 2Q24July 23, 2024 | es-us.finanzas.yahoo.comBladex avanza en su expansión en el mercado mexicanoJuly 22, 2024 | stockhouse.comBladex Continues its Expansion in the Mexican MarketJuly 19, 2024 | prnewswire.comBladex's Second Quarter 2024 Conference CallJuly 18, 2024 | prnewswire.comBladex selects CGI as partner for trade finance business evolution, enabled by the CGI Trade360® global technology platformJuly 18, 2024 | prnewswire.comBladex Selects CGI as Partner for Trade Finance Business Evolution, Enabled by the CGI Trade360® Global Technology PlatformJune 27, 2024 | prnewswire.comBladex Acts as Joint Lead Arranger and Bookrunner for Interceramic US$665mm Syndicated Loan FacilityJune 13, 2024 | prnewswire.comBladex leads successful syndication of a US$100 million 3-Year Senior Unsecured Facility for Banco Promerica, S.A.June 12, 2024 | prnewswire.comBladex leads second successful syndication of a US$100,000,000 Senior Unsecured Term Loan Facility for ForumSee More Headlines Receive BLX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Banco Latinoamericano de Comercio Exterior, S. A. and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings7/23/2024Ex-Dividend for 8/20 Dividend8/05/2024Dividend Payable8/20/2024Today9/07/2024Next Earnings (Estimated)10/17/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Commercial banks, not elsewhere classified Sub-IndustryDiversified Banks Current SymbolNYSE:BLX CUSIPP1699413 CIK890541 Webwww.bladex.com Phone507-210-8500Fax507-269-6333Employees180Year FoundedN/APrice Target and Rating Average Stock Price Target$39.50 High Stock Price Target$42.00 Low Stock Price Target$37.00 Potential Upside/Downside+27.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$4.94 Trailing P/E Ratio6.27 Forward P/E Ratio6.74 P/E GrowthN/ANet Income$166.16 million Net Margins23.87% Pretax Margin23.87% Return on Equity15.91% Return on Assets1.82% Debt Debt-to-Equity Ratio2.80 Current Ratio1.62 Quick Ratio1.62 Sales & Book Value Annual Sales$268.41 million Price / Sales4.22 Cash Flow$4.58 per share Price / Cash Flow6.77 Book Value$34.58 per share Price / Book0.90Miscellaneous Outstanding Shares36,540,000Free Float36,467,000Market Cap$1.13 billion OptionableOptionable Beta1.17 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Jorge L. Salas (Age 53)Chief Executive Officer Ms. Ana Graciela de Mendez (Age 56)Executive VP & CFO Mr. Carlos Daniel Raad Baene (Age 43)Executive VP, Head of Investor Relations & Chief Investor Relations Officer Ms. Tatiana Calzada (Age 53)Executive VP & Chief Compliance Officer Mr. Jorge Luis Real (Age 50)Executive VP, Chief Legal Officer & Secretary of the Board of Directors Ms. Jessica Janson (Age 50)Vice President of Corporate Communications & Social Investment Mr. Alejandro Tizzoni (Age 46)Executive VP & Chief Risk Officer Mr. Eduardo Vivone (Age 58)Executive Vice President of Treasury & Capital Markets Ms. Monica CosulichSenior VP of Finance & Investor RelationsMr. Olazhir Ledezma (Age 51)Executive Vice President of Strategic Planning More ExecutivesKey CompetitorsWells Fargo & CompanyNYSE:WFCU.S. BancorpNYSE:USBComericaNYSE:CMABanco MacroNYSE:BMAInter & Co, Inc.NASDAQ:INTRView All CompetitorsInstitutional OwnershipEstabrook Capital ManagementSold 1,145 shares on 8/14/2024Ownership: 0.108%Beddow Capital Management Inc.Bought 3,771 shares on 8/13/2024Ownership: 1.050%Sagil Capital LLPBought 79,701 shares on 8/12/2024Ownership: 0.518%Meeder Asset Management Inc.Bought 424 shares on 8/8/2024Ownership: 0.003%Los Angeles Capital Management LLCSold 4,429 shares on 8/6/2024Ownership: 0.113%View All Institutional Transactions BLX Stock Analysis - Frequently Asked Questions How have BLX shares performed this year? Banco Latinoamericano de Comercio Exterior, S. A.'s stock was trading at $24.74 at the start of the year. Since then, BLX shares have increased by 25.3% and is now trading at $30.99. View the best growth stocks for 2024 here. How were Banco Latinoamericano de Comercio Exterior, S. A.'s earnings last quarter? Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) issued its quarterly earnings results on Tuesday, July, 23rd. The bank reported $1.36 earnings per share (EPS) for the quarter. The bank had revenue of $75.04 million for the quarter. Banco Latinoamericano de Comercio Exterior, S. A. had a net margin of 23.87% and a trailing twelve-month return on equity of 15.91%. Who are Banco Latinoamericano de Comercio Exterior, S. A.'s major shareholders? Banco Latinoamericano de Comercio Exterior, S. A.'s top institutional investors include LSV Asset Management (3.13%), Beddow Capital Management Inc. (1.05%), Sagil Capital LLP (0.52%) and Rhumbline Advisers (0.13%). How do I buy shares of Banco Latinoamericano de Comercio Exterior, S. A.? Shares of BLX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Banco Latinoamericano de Comercio Exterior, S. A. own? Based on aggregate information from My MarketBeat watchlists, some other companies that Banco Latinoamericano de Comercio Exterior, S. A. investors own include Enterprise Products Partners (EPD), Energy Transfer (ET), Pfizer (PFE), AT&T (T), Ford Motor (F), Alibaba Group (BABA) and Bank of America (BAC). This page (NYSE:BLX) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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