Bladex Inc.

Report azionario NYSE:BLX

Capitalizzazione di mercato: US$2.3b

Bladex Performance degli utili passati

Criteri Il passato verificati 3/6

Bladex ha registrato una crescita degli utili a un tasso medio annuo di 29.5%, mentre il settore Diversified Financial ha registrato utili in crescita a un tasso medio annuo di 13.5%. I ricavi sono stati in crescita a un tasso medio annuo di 26.5%. Il ritorno sul capitale proprio di Bladex è 13.6% e ha margini netti di 69.3%.

Informazioni chiave

29.52%

Tasso di crescita degli utili

29.96%

Tasso di crescita dell'EPS

Diversified Financial Crescita del settore6.15%
Tasso di crescita dei ricavi26.50%
Rendimento del capitale proprio13.55%
Margine netto69.33%
Ultimo aggiornamento sugli utili31 Mar 2026

Aggiornamenti sulle prestazioni recenti

Recent updates

Aggiornamento della narrazione Jun 16

BLX: Rebranding And Stable Profitability Will Support A Bullish Outlook

Analysts have kept their price target for Banco Latinoamericano de Comercio Exterior S. A.
Aggiornamento della narrazione Jun 02

BLX: Rebranding To Bladex And Strong Margins Will Support Bullish Outlook

Analysts have lifted their price target for Banco Latinoamericano de Comercio Exterior S. A.
Aggiornamento della narrazione May 15

BLX: Lower Funding Costs And Rebrand Will Support Long-Term Value Creation

Analysts have raised their price target for Banco Latinoamericano de Comercio Exterior S. A.
Seeking Alpha Apr 29

Bladex Can Benefit From The Middle East Conflict Incrementing Trade Financing

Summary Banco Latinoamericano de Comercio Exterior remains a Buy, with undervaluation supported by robust loan and fee business growth despite competitive margin pressure. BLX's commercial portfolio grew 13% YoY to $12B, while fee and commission income rose 24% YoY, offsetting modest NIM compression. Management guides for 13–15% commercial portfolio growth and NIM around 2.3%, with ROE expected at 14–15% and capital ratios trending toward 15–16%. Risks center on competition-driven margin erosion, but short-duration assets, low impaired credits (0.4%), and commodity tailwinds support the current risk/reward. Read the full article on Seeking Alpha
Aggiornamento della narrazione Apr 27

BLX: Higher Dividend And New Name Will Support Future Returns

Analysts have lifted their price target for Banco Latinoamericano de Comercio Exterior S. A.
Aggiornamento della narrazione Apr 13

BLX: Higher Dividend Payout Will Support Bullish Outlook

Analysts have kept their average price target for Banco Latinoamericano de Comercio Exterior S. A.
Aggiornamento della narrazione Mar 30

BLX: Higher Dividend And Trade Platform Expansion Will Support Bullish Outlook

Analysts have raised their price target for Banco Latinoamericano de Comercio Exterior S. A.
Aggiornamento della narrazione Mar 16

BLX: Higher Dividend And Trade Banking Expansion Will Drive Future Returns

Analysts are maintaining the Banco Latinoamericano de Comercio Exterior S. A.
Aggiornamento della narrazione Mar 02

BLX: Dividend Uplift And Trade Banking Shift Will Shape Future Returns

Analysts kept their $55.00 price target for Banco Latinoamericano de Comercio Exterior S. A., explaining that adjustments to the discount rate, revenue growth outlook, profit margin assumptions and future P/E expectations offset each other enough that their overall valuation view stays the same.
Aggiornamento della narrazione Feb 16

BLX: Higher Dividend And Trade Platform Shift Will Frame Balanced Outlook

Analysts have maintained their $55.50 price target for Banco Latinoamericano de Comercio Exterior S. A., updating their assumptions to reflect a slightly lower discount rate, modestly revised revenue growth expectations, a small change in profit margin, and an adjusted outlook for the future P/E multiple.
Aggiornamento della narrazione Feb 02

BLX: Fee-Focused Trade Banking Pivot Will Support Long-Term Value Creation

Analysts have lifted their fair value estimate for Banco Latinoamericano de Comercio Exterior S. A.
Aggiornamento della narrazione Jan 18

BLX: Transactional Trade Shift And Tech Focus Will Support Future Upside

Analysts maintained their fair value estimate for Banco Latinoamericano de Comercio Exterior S. A.
Aggiornamento della narrazione Jan 04

BLX: Future Earnings Multiple Expansion Will Drive Stronger Share Price Performance

Analysts have raised their price target for Banco Latinoamericano de Comercio Exterior S. A.
Aggiornamento della narrazione Dec 15

BLX: Stable Discount Rate Will Support Future Bullish Momentum

Analysts have modestly reaffirmed their outlook on Banco Latinoamericano de Comercio Exterior S. A., maintaining a fair value estimate of $55.50 per share, as slight adjustments to the discount rate and forward valuation assumptions were not sufficient to warrant a price target change.
Aggiornamento della narrazione Dec 01

BLX: Stable Outlook Will Support Bullish Momentum Amid Minimal Assumption Shifts

Analysts have maintained their price target for Banco Latinoamericano de Comercio Exterior S. A.
Aggiornamento della narrazione Nov 17

BLX: Stable Outlook And Lower Discount Rate To Drive Bullish Sentiment

Analysts have maintained their price target for Banco Latinoamericano de Comercio Exterior S. A.
Aggiornamento della narrazione Nov 02

BLX: Forward Profitability And Modest Growth Will Unlock Latin American Potential

Narrative Update on Banco Latinoamericano de Comercio Exterior S. A.
Aggiornamento della narrazione Oct 18

Digital Trade Finance Platform Will Unlock Latin American Opportunities

Analysts have maintained their price target for Banco Latinoamericano de Comercio Exterior S. A.
Aggiornamento della narrazione Oct 04

Digital Trade Finance Platform Will Unlock Latin American Opportunities

Analysts have raised their price target for Banco Latinoamericano de Comercio Exterior S. A.
Aggiornamento della narrazione Sep 19

Digital Trade Finance Platform Will Unlock Latin American Opportunities

With consensus revenue growth forecasts essentially unchanged but a modest increase in future P/E multiples, analysts have slightly raised their fair value estimate for Banco Latinoamericano de Comercio Exterior S. A from $47.33 to $49.33.
Aggiornamento della narrazione Sep 04

Digital Trade Finance Platform Will Unlock Latin American Opportunities

With both revenue growth forecasts and the discount rate holding steady, analysts see no material change in Banco Latinoamericano de Comercio Exterior S. A’s outlook, resulting in the consensus price target remaining unchanged at $47.33.
Seeking Alpha Apr 18

Bladex: A Trade Finance Bank During A Trade Rift

Summary Bladex's Q4 earnings exceeded expectations, reaching $5.60 per share, and credit quality remains pristine; whilst the current price is near intrinsic value, justifying my "hold" rating. The bank's loan book has grown significantly, particularly in the corporate client segment, making it more sensitive to regional economic activity but also contributing to lending margins. Despite potential risks from U.S. tariffs and immigration policies, Latin America has a relative advantage, and Bladex's short-term loan book allows flexibility in risk management. Positive macroeconomic changes in Argentina, including reduced inflation and lifted currency controls, present new opportunities for Bladex, especially given Argentina's significant stock holdings in the bank. Read the full article on Seeking Alpha
Seeking Alpha Mar 11

Bladex's Growth Cannot Offset Spread Contraction And Cycle Risks; Moving To Hold

Summary 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. Long-term business expansion in treasury and trade finance could diversify earnings, but the current valuation and risk-reward profile no longer justify a Buy rating. Read the full article on Seeking Alpha
Articolo di analisi Mar 03

Banco Latinoamericano de Comercio Exterior S. A's (NYSE:BLX) Shareholders Will Receive A Bigger Dividend Than Last Year

Banco Latinoamericano de Comercio Exterior, S. A. ( NYSE:BLX ) will increase its dividend on the 25th of March to...
Seeking Alpha Jan 20

Mr. Market Is No Longer Wrong On Bladex

Summary Bladex saw significant fundamental improvement, with its loan book growing to $9.7 billion and profitability increasing to over $5/share. Management has effectively grown the loan book without incurring additional credit losses, maintaining a strong risk-weighted capital ratio and doubling dividends. Despite increased expenses, conservative underwriting practices and short-term loan durations mitigate funding risks, ensuring liquidity even if capital markets shut down. With the stock re-rated to $39/share, I have reduced my position by 30%, but will hold for dividends and expect returns around management’s 14% ROE target. Read the full article on Seeking Alpha
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Nuova narrazione Nov 03

Bladex's Decisive Evolution And Innovative Platforms Drive Bright Financial Horizons

Shift towards cost-efficient deposits and strategic expansion is expected to boost net interest margins and support loan growth.
Seeking Alpha Nov 02

Bladex Continues To Grow But Warns Of Higher Competition, Still A Buy

Summary 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. Even assuming a return to very loose credit conditions like 2021, and no reduction in OpEx, the bank continues to offer a good 8% yield. Read the full article on Seeking Alpha
Articolo di analisi Aug 30

Here's Why Banco Latinoamericano de Comercio Exterior S. A (NYSE:BLX) Has Caught The Eye Of Investors

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Seeking Alpha Jul 25

Bladex: Q2 2024 Keeps The Performance Trend, The Bank Is Still A Buy

Summary 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. Read the full article on Seeking Alpha
Articolo di analisi May 01

Do Banco Latinoamericano de Comercio Exterior S. A's (NYSE:BLX) Earnings Warrant Your Attention?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Seeking Alpha Apr 12

Bladex Still An Opportunity, With Caution On New Business Segments

Summary Banco Latinoamericano de Comercio Exterior (Bladex) reports record FY23 results with net income, credit book, and net interest income all showing significant growth. Bladex is expanding into new areas of bank finance, including project finance, working capital, and treasury solutions. The company recognizes the need for limited growth and plans to return capital to shareholders while maintaining high returns on equity. Read the full article on Seeking Alpha
Articolo di analisi Jan 06

Here's Why We Think Banco Latinoamericano de Comercio Exterior S. A (NYSE:BLX) Is Well Worth Watching

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Seeking Alpha Dec 15

Bladex Is Still A Lopsided Bet On Latin American Growth

Summary BLX is a Panamanian bank with Latin American central banks as its primary depositors. BLX has experienced recent outperformance due to more lending and higher interest rates, leading to higher net interest income. The bank's profitability in the future will depend on global interest rates and the growth of the Latin American economy. Still, it is currently priced to yield 10% even in the worst-case scenario. Read the full article on Seeking Alpha
Seeking Alpha Nov 30

Bladex: Moving To Hold As Bull Thesis Has Played Out

Summary Bladex reported another strong quarter, and profits continue to hit new highs. However, I believe growth is about to slow down in 2024. Bladex shares have rallied sharply in 2023, and I no longer see much near-term upside. Read the full article on Seeking Alpha
Articolo di analisi Sep 06

If EPS Growth Is Important To You, Banco Latinoamericano de Comercio Exterior S. A (NYSE:BLX) Presents An Opportunity

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Seeking Alpha Aug 11

Bladex: A Speculative LatAm Play With Growth, Value, And Momentum

Summary Bladex's revenue, net income, and FCF are at or near record highs since 2014. Valuation multiples such as P/E, P/S, and P/B are near the bottom of their post-2014 ranges. Deposits recently hit a record high and became a larger fraction of Bladex's total funding, and the firm expects this trend to continue. Despite risks including an elevated exposure to the oil and gas sector and a geographically concentrated base of borrowers, Bladex’s strong financials, low multiples, and upward price momentum present an interesting opportunity for investors. Read the full article on Seeking Alpha

Ripartizione dei ricavi e delle spese

Come Bladex guadagna e spende denaro. In base agli ultimi utili dichiarati, su base LTM.


Storico di utili e ricavi

NYSE:BLX Ricavi, spese e utili (USD Millions )
DataRicaviUtiliSpese G+ASpese di R&S
31 Mar 26323224580
31 Dec 25317227580
30 Sep 25308222570
30 Jun 25306220580
31 Mar 25290206570
31 Dec 24286206540
30 Sep 24280201530
30 Jun 24271194530
31 Mar 24255180510
31 Dec 23239166490
30 Sep 23218151460
30 Jun 23194132400
31 Mar 23178118390
31 Dec 2214792360
30 Sep 2212981310
30 Jun 2211470290
31 Mar 2210261260
31 Dec 2110263240
30 Sep 219858250
30 Jun 219658250
31 Mar 219458240
31 Dec 2010164250
30 Sep 2010970250
30 Jun 2011475250
31 Mar 2012483270
31 Dec 1912786280
30 Sep 1912885280
30 Jun 197424270
31 Mar 197218270
31 Dec 187011300
30 Sep 186711310
30 Jun 1812372310
31 Mar 1812173330
31 Dec 1712782300
30 Sep 1712075290
30 Jun 1712882300
31 Mar 1713387270
31 Dec 1613387280
30 Sep 1614497260
30 Jun 16149106280
31 Mar 1613898320
31 Dec 15151104330
30 Sep 15165112410
30 Jun 15161102420

Guadagni di qualità: BLX ha guadagni di alta qualità.

Margine di profitto in crescita: Gli attuali margini di profitto netti di BLX (69.3%) sono inferiori rispetto allo scorso anno (71.3%).


Flusso di cassa libero e analisi degli utili


Analisi della crescita degli utili nel passato

Andamento degli utili: Gli utili di BLX sono cresciuti in modo significativo del 29.5% all'anno negli ultimi 5 anni.

Accelerare la crescita: La crescita degli utili di BLX nell'ultimo anno ( 8.6% ) è inferiore alla media quinquennale ( 29.5% all'anno).

Guadagni vs Settore: La crescita degli utili BLX nell'ultimo anno ( 8.6% ) ha superato la percentuale del settore Diversified Financial 8.6%.


Rendimento del capitale proprio

ROE elevato: Il Return on Equity ( 13.6% ) di BLX è considerato basso.


Rendimento delle attività


Rendimento del capitale investito


Scoprire le aziende con forti performance passate

Analisi aziendale e situazione dei dati finanziari

DatiUltimo aggiornamento (ora UTC)
Analisi dell'azienda2026/06/25 03:15
Prezzo dell'azione a fine giornata2026/06/25 00:00
Utili2026/03/31
Utili annuali2025/12/31

Fonti dei dati

I dati utilizzati nella nostra analisi aziendale provengono da S&P Global Market Intelligence LLC. I seguenti dati sono utilizzati nel nostro modello di analisi per generare questo report. I dati sono normalizzati, il che può comportare un ritardo nella disponibilità della fonte.

PacchettoDatiTempisticaEsempio Fonte USA *
Dati finanziari della società10 anni
  • Conto economico
  • Rendiconto finanziario
  • Bilancio
Stime di consenso degli analisti+3 anni
  • Previsioni finanziarie
  • Obiettivi di prezzo degli analisti
Prezzi di mercato30 anni
  • Prezzi delle azioni
  • Dividendi, scissioni e azioni
Proprietà10 anni
  • Top azionisti
  • Insider trading
Gestione10 anni
  • Team di leadership
  • Consiglio di amministrazione
Sviluppi principali10 anni
  • Annunci aziendali

* Esempio per i titoli statunitensi, per i titoli non statunitensi si utilizzano forme e fonti normative equivalenti.

Se non specificato, tutti i dati finanziari si basano su un periodo annuale ma vengono aggiornati trimestralmente. Si tratta dei cosiddetti dati TTM (Trailing Twelve Month) o LTM (Last Twelve Month). Per saperne di più.

Modello di analisi e Snowflake

I dettagli del modello di analisi utilizzato per generare questo report sono disponibili sulla nostra pagina Github; disponiamo inoltre di guide su come utilizzare i nostri report e di tutorial su Youtube.

Scoprite il team di livello mondiale che ha progettato e realizzato il modello di analisi Simply Wall St.

Metriche di settore e industriali

Le nostre metriche di settore e di sezione sono calcolate ogni 6 ore da Simply Wall St; i dettagli del nostro processo sono disponibili su Github.

Fonti analitiche

Bladex Inc. è coperta da 7 analisti. 3 di questi analisti ha fornito le stime di fatturato o di utile utilizzate come input per il nostro report. Le stime degli analisti vengono aggiornate nel corso della giornata.

AnalistaIstituzione
Gilberto GarciaBarclays
Ricardo BuchpiguelBTG Pactual
Iñigo Vega ZabalaJefferies LLC