View ValuationBladex 将来の成長Future 基準チェック /26Bladex利益と収益がそれぞれ年間11.1%と11.8%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に15.7% 11.2%なると予測されています。主要情報11.1%収益成長率11.19%EPS成長率Diversified Financial 収益成長54.1%収益成長率11.8%将来の株主資本利益率15.68%アナリストカバレッジLow最終更新日28 Jul 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesDeclared Dividend • Jul 30Second quarter dividend of US$0.69 announcedShareholders will receive a dividend of US$0.69. Ex-date: 7th August 2026 Payment date: 25th August 2026 Dividend yield will be 4.8%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is well covered by earnings (43% payout ratio) and is expected to be well covered in 3 years' time (41% forecast payout ratio). The dividend has increased by an average of 6.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 36% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Jul 28Second quarter 2026 earnings released: EPS: US$1.77 (vs US$1.73 in 2Q 2025)Second quarter 2026 results: EPS: US$1.77 (up from US$1.73 in 2Q 2025). Revenue: US$90.3m (up 6.2% from 2Q 2025). Net income: US$66.5m (up 3.6% from 2Q 2025). Profit margin: 74% (down from 76% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Diversified Financial industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jul 28Bladex Inc. Approves Quarterly Common Dividend, Payable on August 25, 2026The Board of Directors of Bladex Inc. approved a quarterly common dividend of $0.6875 per share corresponding to 2Q26. The cash dividend will be paid on August 25, 2026, to shareholders registered as of August 7, 2026.お知らせ • Jul 17Bladex Inc. to Report Q2, 2026 Results on Jul 28, 2026Bladex Inc. announced that they will report Q2, 2026 results on Jul 28, 2026お知らせ • Apr 30+ 1 more updateBanco Latinoamericano De Comercio Exterior, S. A. Approves the Election of Juan Alberto Pazo and Julianne Canavaggio as DirectorsBanco Latinoamericano de Comercio Exterior, S. A. at its Annual Shareholders' Meeting held on April 21, 2026 approved the election of Mr. Juan Alberto Pazo, as Director representing the holders of Class "A" shares of the Bank's common stock; Elected Ms. Julianne Canavaggio as Director representing the holders of Class "E" shares of the Bank's common stock.お知らせ • Apr 14Banco Latinoamericano de Comercio Exterior, S. A. to Report Q1, 2026 Results on Apr 27, 2026Banco Latinoamericano de Comercio Exterior, S. A. announced that they will report Q1, 2026 results After-Market on Apr 27, 2026お知らせ • Mar 21Banco Latinoamericano de Comercio Exterior, S. A., Annual General Meeting, Apr 21, 2026Banco Latinoamericano de Comercio Exterior, S. A., Annual General Meeting, Apr 21, 2026.お知らせ • Feb 13Banco Latinoamericano De Comercio Exterior, S. A. Increases Quarterly Cash Dividend, Payable on March 12, 2026Banco Latinoamericano de Comercio Exterior, S. A. announced that its Board of Directors has approved an increase in the quarterly cash dividend to $0.6875 per share, up from $0.625 per share in the previous quarter. The dividend increase reflects the Bank's record financial performance in 2025 and underscores its continued commitment to delivering attractive shareholder returns while maintaining financial strength and flexibility. The new quarterly dividend represents 46% of fourth-quarter 2025 net income, consistent with Bladex's disciplined and balanced capital allocation approach. The cash dividend is payable March 12, 2026 to the Bank's stockholders as of February 25, 2026 record date.お知らせ • Jan 30Banco Latinoamericano de Comercio Exterior, S. A. to Report Q4, 2025 Results on Feb 12, 2026Banco Latinoamericano de Comercio Exterior, S. A. announced that they will report Q4, 2025 results After-Market on Feb 12, 2026お知らせ • Oct 29Banco Latinoamericano de Comercio Exterior, S. A. Approves Quarterly Common Dividend for the Third Quarter of 2025, Payable on November 25, 2025The Board of Directors of Banco Latinoamericano de Comercio Exterior, S. A. approved a quarterly common dividend of $0.625 per share corresponding to third quarter of 2025. The cash dividend will be paid on November 25, 2025, to shareholders registered as of November 10, 2025.お知らせ • Oct 18Banco Latinoamericano de Comercio Exterior, S. A. to Report Q3, 2025 Results on Oct 28, 2025Banco Latinoamericano de Comercio Exterior, S. A. announced that they will report Q3, 2025 results After-Market on Oct 28, 2025お知らせ • Aug 05Banco Latinoamericano De Comercio Exterior, S. A. Announces Quarterly Dividend Payment for Second Quarter 2025, Payable on September 3, 2025Banco Latinoamericano de Comercio Exterior, S.A. announced its Board of Directors' approval of a quarterly cash dividend of USD 0.625 per share corresponding to the second quarter of 2025. The cash dividend is payable September 3, 2025 to the Bank's stockholders as of August 15, 2025 record date.お知らせ • Jul 15Banco Latinoamericano de Comercio Exterior, S. A. to Report Q2, 2025 Results on Aug 04, 2025Banco Latinoamericano de Comercio Exterior, S. A. announced that they will report Q2, 2025 results After-Market on Aug 04, 2025お知らせ • Jun 30+ 3 more updatesBanco Latinoamericano de Comercio Exterior, S. A.(NYSE:BLX) dropped from Russell Microcap Value IndexBanco Latinoamericano de Comercio Exterior, S. A.(NYSE:BLX) dropped from Russell Microcap Value Indexお知らせ • May 06Banco Latinoamericano de Comercio Exterior, S.A. Announces Quarterly Cash Dividend for First Quarter of 2025, Payable on June 3, 2025Banco Latinoamericano de Comercio Exterior, S.A. announced its Board of Directors' approval of a quarterly cash dividend of USD 0.625 per share corresponding to the first quarter of 2025. The cash dividend is payable on June 3, 2025 to the Bank's stockholders as of May 16, 2025 record date.お知らせ • Apr 21Banco Latinoamericano de Comercio Exterior, S. A. to Report Q1, 2025 Results on May 05, 2025Banco Latinoamericano de Comercio Exterior, S. A. announced that they will report Q1, 2025 results After-Market on May 05, 2025お知らせ • Mar 31Banco Latinoamericano de Comercio Exterior, S. A., Annual General Meeting, Apr 29, 2025Banco Latinoamericano de Comercio Exterior, S. A., Annual General Meeting, Apr 29, 2025.お知らせ • Mar 01Banco Latinoamericano de Comercio Exterior, S. A. to Launch of its Digital Trade Finance Platform in the Second Half of 2025Banco Latinoamericano de Comercio Exterior, S. A. will continue executing its strategic plan, including the launch of its digital trade finance platform in the second half of 2025, further strengthening its product offering and operational efficiency.お知らせ • Feb 28Banco Latinoamericano de Comercio Exterior, S. A. Announces Quarterly Dividend Payment for Fourth Quarter 2024, Payable March 25, 2025Banco Latinoamericano de Comercio Exterior, S.A. announced its Board of Directors' approval of a quarterly cash dividend of USD 0.625 per share corresponding to the fourth quarter of 2024. The cash dividend is payable March 25, 2025 to the Bank's stockholders as of March 10, 2025 record date.お知らせ • Feb 05Banco Latinoamericano de Comercio Exterior, S. A. to Report Q4, 2024 Results on Feb 27, 2025Banco Latinoamericano de Comercio Exterior, S. A. announced that they will report Q4, 2024 results After-Market on Feb 27, 2025お知らせ • Nov 20+ 1 more updateBanco Latinoamericano de Comercio Exterior, S. A. Announces Chief Financial Officer ChangesBanco Latinoamericano de Comercio Exterior, S.A. announced that, after 34 years of a successful career at Bladex, Ana Graciela de Mendez, 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. Annette van Hoorde joined Bladex in August 2005, having served in different capacities throughout the years. In 2010, she became a member of the Treasury team as Assistant Vice President and was promoted to Senior Vice President of Funding and Asset-Liability Management of the Bank's Treasury and Capital Markets Department in January of 2019. Mrs. van Hoorde holds a Bachelor of Engineering (B.E.) degree in Industrial and Systems Engineering from Viginia Tech and has acquired vast experience in the financial sector, having previously worked at other leading financial institutions.Buy Or Sell Opportunity • Oct 30Now 20% undervaluedOver the last 90 days, the stock has risen 2.7% to €30.40. The fair value is estimated to be €38.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Earnings per share has grown by 46%. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 9.3% in the next 2 years.Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: US$1.44 (vs US$1.25 in 3Q 2023)Third quarter 2024 results: EPS: US$1.44 (up from US$1.25 in 3Q 2023). Revenue: US$73.9m (up 13% from 3Q 2023). Net income: US$53.0m (up 16% from 3Q 2023). Profit margin: 72% (up from 70% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Diversified Financial industry in Germany. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 30Banco Latinoamericano de Comercio Exterior, S.A. Announces Quarterly Dividend for Third Quarter 2024, Payable on November 26, 2024Banco Latinoamericano de Comercio Exterior, S.A. announced its Board of Directors' approval of a quarterly cash dividend of USD 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.お知らせ • Oct 11Banco Latinoamericano de Comercio Exterior, S. A. to Report Q3, 2024 Results on Oct 29, 2024Banco Latinoamericano de Comercio Exterior, S. A. announced that they will report Q3, 2024 results After-Market on Oct 29, 2024お知らせ • Oct 10Banco Latinoamericano De Comercio Exterior, S. A. Appoints Sergio Olarte as Chief EconomistBanco Latinoamericano de Comercio Exterior announced that it 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 career in prestigious financial and academic institutions. During his 12 years at the Central Bank of Colombia, he was part of the Advisory Committee for the formulation of monetary policy and interest rates, and actively participated in key decisions affecting the country's economy. His career also includes the creation of the Economic Research Department at BTG Pactual and the structuring of the Economic Research team at Scotiabank Colombia, consolidating its leadership in macroeconomic and financial analysis. In addition, Olarte has been a professor of macroeconomics for more than 15 years at prestigious Colombian universities such as the Universidad del Rosario, EAFIT and Externado.Valuation Update With 7 Day Price Move • Aug 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €25.00, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 12x in the Diversified Financial industry in Germany. Total returns to shareholders of 110% over the past three years.Declared Dividend • Jul 29Second quarter dividend of US$0.50 announcedShareholders will receive a dividend of US$0.50. Ex-date: 5th August 2024 Payment date: 20th August 2024 Dividend yield will be 5.6%, which is lower than the industry average of 6.4%. Sustainability & Growth The dividend has increased by an average of 5.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Jul 25Second quarter 2024 earnings released: EPS: US$1.36 (vs US$1.02 in 2Q 2023)Second quarter 2024 results: EPS: US$1.36 (up from US$1.02 in 2Q 2023). Revenue: US$68.4m (up 30% from 2Q 2023). Net income: US$50.1m (up 35% from 2Q 2023). Profit margin: 73% (up from 70% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Diversified Financial industry in Germany. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 24Banco Latinoamericano de Comercio Exterior, S.A. Announces Dividend for the Second Quarter of 2024, Payable on August 20, 2024Banco Latinoamericano de Comercio Exterior, S.A. announced its Board of Directors' approval of a quarterly cash dividend of USD 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.Buy Or Sell Opportunity • Jul 12Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 6.6% to €29.20. The fair value is estimated to be €23.79, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Earnings per share has grown by 47%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 5.9% in the next 2 years.お知らせ • Jul 05Banco Latinoamericano de Comercio Exterior, S. A. to Report Q2, 2024 Results on Jul 23, 2024Banco Latinoamericano de Comercio Exterior, S. A. announced that they will report Q2, 2024 results After-Market on Jul 23, 2024Buy Or Sell Opportunity • May 06Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 30% to €28.80. The fair value is estimated to be €23.97, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Earnings per share has grown by 47%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 5.9% in the next 2 years.Board Change • Apr 23Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Director Angelica Celis was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 21First quarter 2024 earnings released: EPS: US$1.40 (vs US$1.02 in 1Q 2023)First quarter 2024 results: EPS: US$1.40 (up from US$1.02 in 1Q 2023). Revenue: US$69.6m (up 32% from 1Q 2023). Net income: US$51.3m (up 39% from 1Q 2023). Profit margin: 74% (up from 70% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Diversified Financial industry in Germany. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 16Banco Latinoamericano de Comercio Exterior, S. A., Annual General Meeting, Apr 17, 2024Banco Latinoamericano de Comercio Exterior, S. A., Annual General Meeting, Apr 17, 2024, at 10:30 US Eastern Standard Time. Location: Santa Maria Hotel, Santa Maria Boulevard, Panama City Panama Agenda: To approve the bank’s audited consolidated financial statements for the fiscal year ended December 31, 2023; to ratify the appointment of kpmg (“kpmg”) as the bank’s independent registered public accounting firm for the fiscal year ending december 31, 2024; to elect three directors (one director to represent the holders of the class e shares of the bank’s common stock (“class e director”) and two directors to represent the holders of all classes of shares of the bank’s common stock (“all classes directors”)), each to serve a three-year term; to approve, on an advisory basis, the compensation of the bank’s executive officers; and to consider other matters.お知らせ • Mar 15Banco Latinoamericano de Comercio Exterior, S. A. to Report Q1, 2024 Results on Apr 18, 2024Banco Latinoamericano de Comercio Exterior, S. A. announced that they will report Q1, 2024 results After-Market on Apr 18, 2024Reported Earnings • Feb 26Full year 2023 earnings releasedFull year 2023 results: Revenue: US$238.7m (up 62% from FY 2022). Net income: US$166.2m (up 81% from FY 2022). Profit margin: 70% (up from 63% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Diversified Financial industry in Germany.お知らせ • Feb 23+ 1 more updateBanco Latinoamericano De Comercio Exterior, S. A. Increases Cash Dividend for the Fourth Quarter of 2023, Payable on March 19, 2024Banco Latinoamericano de Comercio Exterior, S.A. announced its Board of Directors' approval of a quarterly cash dividend of USD 0.50 per share corresponding to the fourth quarter of 2023. The cash dividend is payable March 19, 2024 to the Bank's stockholders as of March 4, 2024 record date.お知らせ • Feb 02Banco Latinoamericano de Comercio Exterior, S. A. to Report Q4, 2023 Results on Feb 22, 2024Banco Latinoamericano de Comercio Exterior, S. A. announced that they will report Q4, 2023 results After-Market on Feb 22, 2024Buy Or Sell Opportunity • Jan 30Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 15% to €23.20. The fair value is estimated to be €19.29, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 36%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 9.6% per annum over the same time period.Reported Earnings • Oct 22Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: US$65.3m (up 57% from 3Q 2022). Net income: US$45.8m (up 70% from 3Q 2022). Profit margin: 70% (up from 65% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Diversified Financial industry in Germany.お知らせ • Oct 20Banco Latinoamericano de Comercio Exterior, S.A. Announces Quarterly Dividend Payment for Third Quarter 2023, Payable on November 16, 2023Banco Latinoamericano de Comercio Exterior, S.A. announced its Board of Directors' approval of a quarterly cash dividend of USD 0.25 per share corresponding to the third quarter of 2023. The cash dividend is payable November 16, 2023 to the Bank's stockholders as of October 30, 2023 record date.お知らせ • Oct 05Banco Latinoamericano de Comercio Exterior, S. A. to Report Q3, 2023 Results on Oct 19, 2023Banco Latinoamericano de Comercio Exterior, S. A. announced that they will report Q3, 2023 results After-Market on Oct 19, 2023お知らせ • Jul 23Banco Latinoamericano de Comercio Exterior, S. A. Announces Quarterly Dividend Payment for Second Quarter 2023, Payable on August 15, 2023Banco Latinoamericano de Comercio Exterior, S.A. announced its Board of Directors' approval of a quarterly cash dividend of $0.25 per share corresponding to the second quarter of 2023. The cash dividend is payable August 15, 2023 to the Bank's stockholders as of July 31, 2023 record date.Reported Earnings • Jul 21Second quarter 2023 earnings released: EPS: US$1.02 (vs US$0.63 in 2Q 2022)Second quarter 2023 results: EPS: US$1.02 (up from US$0.63 in 2Q 2022). Revenue: US$52.7m (up 46% from 2Q 2022). Net income: US$37.1m (up 61% from 2Q 2022). Profit margin: 70% (up from 64% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 31% per year.お知らせ • Jul 04Banco Latinoamericano de Comercio Exterior, S. A. to Report Q2, 2023 Results on Jul 20, 2023Banco Latinoamericano de Comercio Exterior, S. A. announced that they will report Q2, 2023 results After-Market on Jul 20, 2023Upcoming Dividend • Apr 26Upcoming dividend of US$0.25 per share at 5.5% yieldEligible shareholders must have bought the stock before 03 May 2023. Payment date: 17 May 2023. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 5.5%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (2.6%).Reported Earnings • Apr 20First quarter 2023 earnings released: EPS: US$1.02 (vs US$0.31 in 1Q 2022)First quarter 2023 results: EPS: US$1.02 (up from US$0.31 in 1Q 2022). Revenue: US$52.8m (up 139% from 1Q 2022). Net income: US$37.0m (up 233% from 1Q 2022). Profit margin: 70% (up from 50% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Apr 06Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 2 highly experienced directors. Independent Director Fausto de Andrade Ribeiro was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Board Change • Mar 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. 1 highly experienced director. Director Fausto de Andrade Ribeiro was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Mar 01Investor sentiment improves as stock rises 22%After last week's 22% share price gain to €19.20, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 32x in the Diversified Financial industry in Germany. Total returns to shareholders of 42% over the past three years.お知らせ • Feb 07Banco Latinoamericano de Comercio Exterior, S. A. to Report Q4, 2022 Results on Feb 27, 2023Banco Latinoamericano de Comercio Exterior, S. A. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 27, 2023Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: US$0.74 (vs US$0.41 in 3Q 2021)Third quarter 2022 results: EPS: US$0.74 (up from US$0.41 in 3Q 2021). Revenue: US$41.5m (up 59% from 3Q 2021). Net income: US$26.9m (up 71% from 3Q 2021). Profit margin: 65% (up from 60% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 8% per year.お知らせ • Nov 10Banco Latinoamericano de Comercio Exterior Announces Change to Board of DirectorsBanco Latinoamericano de Comercio Exterior, S.A. (Bladex or the Bank), announced that Mr. Eduardo Hecker, a Class “A” Director of Bladex’s Board of Directors has resigned as of October 12, 2022. Mr. Hecker was a member of the Audit Committee and of the Compensation Committee.Reported Earnings • Nov 03Third quarter 2022 earnings released: EPS: US$0.74 (vs US$0.41 in 3Q 2021)Third quarter 2022 results: EPS: US$0.74 (up from US$0.41 in 3Q 2021). Revenue: US$41.6m (up 60% from 3Q 2021). Net income: US$26.9m (up 71% from 3Q 2021). Profit margin: 65% (up from 60% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 6% per year.お知らせ • Nov 02Banco Latinoamericano De Comercio Exterior, S. A. Approves Quarterly Cash Dividend, Payable on November 30, 2022Banco Latinoamericano de Comercio Exterior, S.A. announced its Board of Directors' approval of a quarterly cash dividend of USD 0.25 per share corresponding to the third quarter of 2022. The cash dividend is payable November 30, 2022 to the Bank's stockholders as of November 14, 2022 record date.お知らせ • Oct 25Banco Latinoamericano de Comercio Exterior, S. A. to Report Q3, 2022 Results on Nov 01, 2022Banco Latinoamericano de Comercio Exterior, S. A. announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Nov 01, 2022Buying Opportunity • Sep 20Now 21% undervaluedOver the last 90 days, the stock is up 20%. The fair value is estimated to be €18.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.6% over the last 3 years, while earnings per share has been flat.Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: US$0.63 (vs US$0.35 in 2Q 2021)Second quarter 2022 results: EPS: US$0.63 (up from US$0.35 in 2Q 2021). Revenue: US$36.1m (up 49% from 2Q 2021). Net income: US$23.0m (up 63% from 2Q 2021). Profit margin: 64% (up from 58% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.お知らせ • Aug 04Banco Latinoamericano De Comercio Exterior, S. A. Announces Quarterly Cash Dividend for the Second Quarter of 2022, Payable on August 30, 2022Banco Latinoamericano de Comercio Exterior, S.A. announced its Board of Directors' approval of a quarterly cash dividend of USD 0.25 per share corresponding to the second quarter of 2022. The cash dividend is payable August 30, 2022 to the Bank's stockholders as of August 15, 2022 record date.お知らせ • Jul 28Banco Latinoamericano de Comercio Exterior, S. A. to Report Q2, 2022 Results on Aug 03, 2022Banco Latinoamericano de Comercio Exterior, S. A. announced that they will report Q2, 2022 results After-Market on Aug 03, 2022お知らせ • Jun 24Banco Latinoamericano De Comercio Exterior, S.A. Announces the Appointment of Carlos Daniel Raad as New Executive Vice President, Head of Investor RelationsBanco Latinoamericano de Comercio Exterior, S.A. announced 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 international exchange program of IE Business School, Spain.Reported Earnings • Jun 04First quarter 2022 earnings released: EPS: US$0.31 (vs US$0.32 in 1Q 2021)First quarter 2022 results: EPS: US$0.31 (down from US$0.32 in 1Q 2021). Revenue: US$22.1m (flat on 1Q 2021). Net income: US$11.1m (down 13% from 1Q 2021). Profit margin: 50% (down from 58% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.お知らせ • Jun 01Banco Latinoamericano de Comercio Exterior, S.A. Announces Board ChangesOn May 30, 2022, Ms. Lorenza Martinez Trigueros tendered her resignation as Class E Director of Banco Latinoamericano de Comercio Exterior, S.A. Ms. Martinez Trigueros' resignation was not due to any disagreement with BLADEX.Reported Earnings • May 06First quarter 2022 earnings released: EPS: US$0.31 (vs US$0.32 in 1Q 2021)First quarter 2022 results: EPS: US$0.31 (down from US$0.32 in 1Q 2021). Revenue: US$22.1m (flat on 1Q 2021). Net income: US$11.1m (down 13% from 1Q 2021). Profit margin: 50% (down from 58% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.お知らせ • May 05Banco Latinoamericano de Comercio Exterior, S. A. Announcers Quarterly Common Dividend, Payable on June 1, 2022The Board of Banco Latinoamericano de Comercio Exterior, S. A. approved a quarterly common dividend of $0.25per share corresponding to the first quarter 2022. The cash dividend will be paid on June 1, 2022, to shareholders registered as of May 16, 2022.お知らせ • Apr 21Banco Latinoamericano de Comercio Exterior, S.A. to Report Q1, 2022 Results on May 04, 2022Banco Latinoamericano de Comercio Exterior, S.A. announced that they will report Q1, 2022 results Pre-Market on May 04, 2022Buying Opportunity • Apr 08Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 6.8%. The fair value is estimated to be €17.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has grown by 20%.Reported Earnings • Mar 28Full year 2021 earnings released: EPS: US$1.62 (vs US$1.60 in FY 2020)Full year 2021 results: EPS: US$1.62. Revenue: US$101.6m (flat on FY 2020). Net income: US$62.7m (down 1.4% from FY 2020). Profit margin: 62% (down from 63% in FY 2020).Buying Opportunity • Mar 08Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 5.4%. The fair value is estimated to be US$17.53, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% per annum over the last 3 years. Earnings per share has grown by 20% per annum over the last 3 years.Reported Earnings • Feb 24Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: US$1.62 (up from US$1.60 in FY 2020). Revenue: US$101.9m (up 1.3% from FY 2020). Net income: US$62.7m (down 1.4% from FY 2020). Profit margin: 62% (down from 63% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.9%. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.お知らせ • Feb 24Banco Latinoamericano De Comercio Exterior, S.A Approves Quarterly Cash Dividend for the Fourth Quarter of 201, Payable on March 22, 2022Banco Latinoamericano de Comercio Exterior, S.A. announced its Board of Directors' approval of a quarterly cash dividend of USD 0.25 per share corresponding to the fourth quarter of 2021. The cash dividend is payable March 22, 2022 to the Bank's stockholders as of March 7, 2022 record date.お知らせ • Feb 05Banco Latinoamericano de Comercio Exterior, S.A to Report Q4, 2021 Results on Feb 22, 2022Banco Latinoamericano de Comercio Exterior, S.A announced that they will report Q4, 2021 results Pre-Market on Feb 22, 2022Upcoming Dividend • Nov 01Upcoming dividend of US$0.25 per shareEligible shareholders must have bought the stock before 08 November 2021. Payment date: 23 November 2021. Trailing yield: 5.5%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (2.2%).Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS US$0.41 (vs US$0.39 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: US$26.1m (up 10% from 3Q 2020). Net income: US$15.7m (up 1.7% from 3Q 2020). Profit margin: 60% (down from 65% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jul 29Second quarter 2021 earnings released: EPS US$0.36 (vs US$0.36 in 2Q 2020)The company reported a mediocre second quarter result with weaker profit margins, although earnings were flat and revenues improved. Second quarter 2021 results: Revenue: US$24.2m (up 7.5% from 2Q 2020). Net income: US$14.1m (flat on 2Q 2020). Profit margin: 58% (down from 63% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.Reported Earnings • May 06First quarter 2021 earnings released: EPS US$0.32 (vs US$0.46 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$22.0m (down 24% from 1Q 2020). Net income: US$12.8m (down 30% from 1Q 2020). Profit margin: 58% (down from 64% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.お知らせ • May 06+ 1 more updateBanco Latinoamericano de Comercio Exterior, S.A (NYSE:BLX) announces an Equity Buyback for $60 million worth of its shares.Banco Latinoamericano de Comercio Exterior, S.A (NYSE:BLX) announces a share repurchase program. Under the program, the company will repurchase up to $60 million worth of its shares.Reported Earnings • Mar 25Full year 2020 earnings released: EPS US$1.60 (vs US$2.17 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: US$100.6m (down 21% from FY 2019). Net income: US$63.6m (down 26% from FY 2019). Profit margin: 63% (down from 68% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.お知らせ • Mar 20Banco Latinoamericano de Comercio Exterior, S.A, Annual General Meeting, Apr 21, 2021Banco Latinoamericano de Comercio Exterior, S.A, Annual General Meeting, Apr 21, 2021, at 10:30 Eastern Standard Time. Agenda: To approve the Bank's audited consolidated financial statements for the fiscal year ended December 31, 2020; to ratify the appointment of KPMG ( KPMG") as the Bank's independent registered public accounting firm for the fiscal year ending December 31, 2021; to elect three directors (one director to represent the holders of the Class E shares of the Bank's common stock ( Class E Director") and two directors to represent the holders of all classes of shares of the Bank's common stock ( All Classes Directors")), each to serve a three-year term; to approve, on an advisory basis, the compensation of the Bank's executive officers; and to transact such other business as may properly come before the Annual Meeting.Is New 90 Day High Low • Mar 11New 90-day high: €13.80The company is up 9.0% from its price of €12.70 on 11 December 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Diversified Financial industry, which is down 2.0% over the same period.Reported Earnings • Feb 14Full year 2020 earnings released: EPS US$1.60 (vs US$2.17 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: US$99.6m (down 21% from FY 2019). Net income: US$63.6m (down 26% from FY 2019). Profit margin: 64% (down from 68% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.お知らせ • Jan 28Banco Latinoamericano de Comercio Exterior, S.A to Report Q4, 2020 Results on Feb 12, 2021Banco Latinoamericano de Comercio Exterior, S.A announced that they will report Q4, 2020 results Pre-Market on Feb 12, 2021Is New 90 Day High Low • Jan 08New 90-day high: €13.30The company is up 17% from its price of €11.40 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is down 1.0% over the same period.Is New 90 Day High Low • Dec 17New 90-day high: €13.00The company is up 23% from its price of €10.60 on 18 September 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is up 11% over the same period.Is New 90 Day High Low • Nov 20New 90-day high: €12.40The company is up 20% from its price of €10.30 on 21 August 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is down 24% over the same period.Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS US$0.39The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$23.6m (down 18% from 3Q 2019). Net income: US$15.4m (down 24% from 3Q 2019). Profit margin: 65% (down from 71% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total profits of US$23.0m, down 73% from the prior year. Total revenue was US$109.7m over the last 12 months, down 14% from the prior year.お知らせ • Oct 13Banco Latinoamericano de Comercio Exterior, S.A to Report Q3, 2020 Results on Oct 27, 2020Banco Latinoamericano de Comercio Exterior, S.A announced that they will report Q3, 2020 results at 9:00 AM, US Eastern Standard Time on Oct 27, 2020Is New 90 Day High Low • Oct 08New 90-day high: €11.10The company is up 19% from its price of €9.30 on 10 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is down 8.0% over the same period.業績と収益の成長予測DB:D8Q - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/2028454293N/AN/A312/31/2027410264N/AN/A312/31/2026378249N/AN/A26/30/2026328226-1,672-1,670N/A3/31/2026323224-652-649N/A12/31/2025317227-414-411N/A9/30/2025308222-351-348N/A6/30/2025306220-896-891N/A3/31/2025290206-1,241-1,237N/A12/31/2024286206-1,132-1,128N/A9/30/2024280201-1,001-998N/A6/30/2024271194-459-457N/A3/31/2024255180-438-436N/A12/31/2023239166-157-155N/A9/30/2023218151402404N/A6/30/2023194132169172N/A3/31/2023178118-86-83N/A12/31/202214792-927-924N/A9/30/202212981-1,734-1,732N/A6/30/202211470-1,481-1,480N/A3/31/202210261-1,320-1,319N/A12/31/202110263-770-769N/A9/30/20219858-618-616N/A6/30/20219658-601-598N/A3/31/20219458357360N/A12/31/202010164995997N/A9/30/202010970951952N/A6/30/2020114751,0321,033N/A3/31/202012483N/A143N/A12/31/201912786N/A-14N/A9/30/201912885N/A241N/A6/30/20197424N/A50N/A3/31/20197218N/A-223N/A12/31/20187011N/A-216N/A9/30/20186711N/A-289N/A6/30/201812372N/A104N/A3/31/201812173N/A615N/A12/31/201712782N/A590N/A9/30/201712075N/A1,132N/A6/30/201712882N/A1,051N/A3/31/201713387N/A979N/A12/31/201613387N/A777N/A9/30/201614497N/A550N/A6/30/2016149106N/A517N/A3/31/201613898N/A138N/A12/31/2015151104N/A131N/A9/30/2015165112N/A-542N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: D8Qの予測収益成長率 (年間11.1% ) は 貯蓄率 ( 2.1% ) を上回っています。収益対市場: D8Qの収益 ( 11.1% ) German市場 ( 15.6% ) よりも低い成長が予測されています。高成長収益: D8Qの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: D8Qの収益 ( 11.8% ) German市場 ( 6.6% ) よりも速いペースで成長すると予測されています。高い収益成長: D8Qの収益 ( 11.8% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: D8Qの 自己資本利益率 は、3年後には低くなると予測されています ( 15.7 %)。成長企業の発掘7D1Y7D1Y7D1YDiversified-financials 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/10 01:44終値2026/08/10 00:00収益2026/06/30年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Bladex Inc. 3 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。8 アナリスト機関Gilberto GarciaBarclaysRicardo BuchpiguelBTG PactualDaniel MoraCrediCorp Capital5 その他のアナリストを表示
Declared Dividend • Jul 30Second quarter dividend of US$0.69 announcedShareholders will receive a dividend of US$0.69. Ex-date: 7th August 2026 Payment date: 25th August 2026 Dividend yield will be 4.8%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is well covered by earnings (43% payout ratio) and is expected to be well covered in 3 years' time (41% forecast payout ratio). The dividend has increased by an average of 6.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 36% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jul 28Second quarter 2026 earnings released: EPS: US$1.77 (vs US$1.73 in 2Q 2025)Second quarter 2026 results: EPS: US$1.77 (up from US$1.73 in 2Q 2025). Revenue: US$90.3m (up 6.2% from 2Q 2025). Net income: US$66.5m (up 3.6% from 2Q 2025). Profit margin: 74% (down from 76% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Diversified Financial industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jul 28Bladex Inc. Approves Quarterly Common Dividend, Payable on August 25, 2026The Board of Directors of Bladex Inc. approved a quarterly common dividend of $0.6875 per share corresponding to 2Q26. The cash dividend will be paid on August 25, 2026, to shareholders registered as of August 7, 2026.
お知らせ • Jul 17Bladex Inc. to Report Q2, 2026 Results on Jul 28, 2026Bladex Inc. announced that they will report Q2, 2026 results on Jul 28, 2026
お知らせ • Apr 30+ 1 more updateBanco Latinoamericano De Comercio Exterior, S. A. Approves the Election of Juan Alberto Pazo and Julianne Canavaggio as DirectorsBanco Latinoamericano de Comercio Exterior, S. A. at its Annual Shareholders' Meeting held on April 21, 2026 approved the election of Mr. Juan Alberto Pazo, as Director representing the holders of Class "A" shares of the Bank's common stock; Elected Ms. Julianne Canavaggio as Director representing the holders of Class "E" shares of the Bank's common stock.
お知らせ • Apr 14Banco Latinoamericano de Comercio Exterior, S. A. to Report Q1, 2026 Results on Apr 27, 2026Banco Latinoamericano de Comercio Exterior, S. A. announced that they will report Q1, 2026 results After-Market on Apr 27, 2026
お知らせ • Mar 21Banco Latinoamericano de Comercio Exterior, S. A., Annual General Meeting, Apr 21, 2026Banco Latinoamericano de Comercio Exterior, S. A., Annual General Meeting, Apr 21, 2026.
お知らせ • Feb 13Banco Latinoamericano De Comercio Exterior, S. A. Increases Quarterly Cash Dividend, Payable on March 12, 2026Banco Latinoamericano de Comercio Exterior, S. A. announced that its Board of Directors has approved an increase in the quarterly cash dividend to $0.6875 per share, up from $0.625 per share in the previous quarter. The dividend increase reflects the Bank's record financial performance in 2025 and underscores its continued commitment to delivering attractive shareholder returns while maintaining financial strength and flexibility. The new quarterly dividend represents 46% of fourth-quarter 2025 net income, consistent with Bladex's disciplined and balanced capital allocation approach. The cash dividend is payable March 12, 2026 to the Bank's stockholders as of February 25, 2026 record date.
お知らせ • Jan 30Banco Latinoamericano de Comercio Exterior, S. A. to Report Q4, 2025 Results on Feb 12, 2026Banco Latinoamericano de Comercio Exterior, S. A. announced that they will report Q4, 2025 results After-Market on Feb 12, 2026
お知らせ • Oct 29Banco Latinoamericano de Comercio Exterior, S. A. Approves Quarterly Common Dividend for the Third Quarter of 2025, Payable on November 25, 2025The Board of Directors of Banco Latinoamericano de Comercio Exterior, S. A. approved a quarterly common dividend of $0.625 per share corresponding to third quarter of 2025. The cash dividend will be paid on November 25, 2025, to shareholders registered as of November 10, 2025.
お知らせ • Oct 18Banco Latinoamericano de Comercio Exterior, S. A. to Report Q3, 2025 Results on Oct 28, 2025Banco Latinoamericano de Comercio Exterior, S. A. announced that they will report Q3, 2025 results After-Market on Oct 28, 2025
お知らせ • Aug 05Banco Latinoamericano De Comercio Exterior, S. A. Announces Quarterly Dividend Payment for Second Quarter 2025, Payable on September 3, 2025Banco Latinoamericano de Comercio Exterior, S.A. announced its Board of Directors' approval of a quarterly cash dividend of USD 0.625 per share corresponding to the second quarter of 2025. The cash dividend is payable September 3, 2025 to the Bank's stockholders as of August 15, 2025 record date.
お知らせ • Jul 15Banco Latinoamericano de Comercio Exterior, S. A. to Report Q2, 2025 Results on Aug 04, 2025Banco Latinoamericano de Comercio Exterior, S. A. announced that they will report Q2, 2025 results After-Market on Aug 04, 2025
お知らせ • Jun 30+ 3 more updatesBanco Latinoamericano de Comercio Exterior, S. A.(NYSE:BLX) dropped from Russell Microcap Value IndexBanco Latinoamericano de Comercio Exterior, S. A.(NYSE:BLX) dropped from Russell Microcap Value Index
お知らせ • May 06Banco Latinoamericano de Comercio Exterior, S.A. Announces Quarterly Cash Dividend for First Quarter of 2025, Payable on June 3, 2025Banco Latinoamericano de Comercio Exterior, S.A. announced its Board of Directors' approval of a quarterly cash dividend of USD 0.625 per share corresponding to the first quarter of 2025. The cash dividend is payable on June 3, 2025 to the Bank's stockholders as of May 16, 2025 record date.
お知らせ • Apr 21Banco Latinoamericano de Comercio Exterior, S. A. to Report Q1, 2025 Results on May 05, 2025Banco Latinoamericano de Comercio Exterior, S. A. announced that they will report Q1, 2025 results After-Market on May 05, 2025
お知らせ • Mar 31Banco Latinoamericano de Comercio Exterior, S. A., Annual General Meeting, Apr 29, 2025Banco Latinoamericano de Comercio Exterior, S. A., Annual General Meeting, Apr 29, 2025.
お知らせ • Mar 01Banco Latinoamericano de Comercio Exterior, S. A. to Launch of its Digital Trade Finance Platform in the Second Half of 2025Banco Latinoamericano de Comercio Exterior, S. A. will continue executing its strategic plan, including the launch of its digital trade finance platform in the second half of 2025, further strengthening its product offering and operational efficiency.
お知らせ • Feb 28Banco Latinoamericano de Comercio Exterior, S. A. Announces Quarterly Dividend Payment for Fourth Quarter 2024, Payable March 25, 2025Banco Latinoamericano de Comercio Exterior, S.A. announced its Board of Directors' approval of a quarterly cash dividend of USD 0.625 per share corresponding to the fourth quarter of 2024. The cash dividend is payable March 25, 2025 to the Bank's stockholders as of March 10, 2025 record date.
お知らせ • Feb 05Banco Latinoamericano de Comercio Exterior, S. A. to Report Q4, 2024 Results on Feb 27, 2025Banco Latinoamericano de Comercio Exterior, S. A. announced that they will report Q4, 2024 results After-Market on Feb 27, 2025
お知らせ • Nov 20+ 1 more updateBanco Latinoamericano de Comercio Exterior, S. A. Announces Chief Financial Officer ChangesBanco Latinoamericano de Comercio Exterior, S.A. announced that, after 34 years of a successful career at Bladex, Ana Graciela de Mendez, 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. Annette van Hoorde joined Bladex in August 2005, having served in different capacities throughout the years. In 2010, she became a member of the Treasury team as Assistant Vice President and was promoted to Senior Vice President of Funding and Asset-Liability Management of the Bank's Treasury and Capital Markets Department in January of 2019. Mrs. van Hoorde holds a Bachelor of Engineering (B.E.) degree in Industrial and Systems Engineering from Viginia Tech and has acquired vast experience in the financial sector, having previously worked at other leading financial institutions.
Buy Or Sell Opportunity • Oct 30Now 20% undervaluedOver the last 90 days, the stock has risen 2.7% to €30.40. The fair value is estimated to be €38.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Earnings per share has grown by 46%. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 9.3% in the next 2 years.
Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: US$1.44 (vs US$1.25 in 3Q 2023)Third quarter 2024 results: EPS: US$1.44 (up from US$1.25 in 3Q 2023). Revenue: US$73.9m (up 13% from 3Q 2023). Net income: US$53.0m (up 16% from 3Q 2023). Profit margin: 72% (up from 70% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Diversified Financial industry in Germany. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 30Banco Latinoamericano de Comercio Exterior, S.A. Announces Quarterly Dividend for Third Quarter 2024, Payable on November 26, 2024Banco Latinoamericano de Comercio Exterior, S.A. announced its Board of Directors' approval of a quarterly cash dividend of USD 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.
お知らせ • Oct 11Banco Latinoamericano de Comercio Exterior, S. A. to Report Q3, 2024 Results on Oct 29, 2024Banco Latinoamericano de Comercio Exterior, S. A. announced that they will report Q3, 2024 results After-Market on Oct 29, 2024
お知らせ • Oct 10Banco Latinoamericano De Comercio Exterior, S. A. Appoints Sergio Olarte as Chief EconomistBanco Latinoamericano de Comercio Exterior announced that it 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 career in prestigious financial and academic institutions. During his 12 years at the Central Bank of Colombia, he was part of the Advisory Committee for the formulation of monetary policy and interest rates, and actively participated in key decisions affecting the country's economy. His career also includes the creation of the Economic Research Department at BTG Pactual and the structuring of the Economic Research team at Scotiabank Colombia, consolidating its leadership in macroeconomic and financial analysis. In addition, Olarte has been a professor of macroeconomics for more than 15 years at prestigious Colombian universities such as the Universidad del Rosario, EAFIT and Externado.
Valuation Update With 7 Day Price Move • Aug 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €25.00, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 12x in the Diversified Financial industry in Germany. Total returns to shareholders of 110% over the past three years.
Declared Dividend • Jul 29Second quarter dividend of US$0.50 announcedShareholders will receive a dividend of US$0.50. Ex-date: 5th August 2024 Payment date: 20th August 2024 Dividend yield will be 5.6%, which is lower than the industry average of 6.4%. Sustainability & Growth The dividend has increased by an average of 5.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jul 25Second quarter 2024 earnings released: EPS: US$1.36 (vs US$1.02 in 2Q 2023)Second quarter 2024 results: EPS: US$1.36 (up from US$1.02 in 2Q 2023). Revenue: US$68.4m (up 30% from 2Q 2023). Net income: US$50.1m (up 35% from 2Q 2023). Profit margin: 73% (up from 70% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Diversified Financial industry in Germany. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 24Banco Latinoamericano de Comercio Exterior, S.A. Announces Dividend for the Second Quarter of 2024, Payable on August 20, 2024Banco Latinoamericano de Comercio Exterior, S.A. announced its Board of Directors' approval of a quarterly cash dividend of USD 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.
Buy Or Sell Opportunity • Jul 12Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 6.6% to €29.20. The fair value is estimated to be €23.79, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Earnings per share has grown by 47%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 5.9% in the next 2 years.
お知らせ • Jul 05Banco Latinoamericano de Comercio Exterior, S. A. to Report Q2, 2024 Results on Jul 23, 2024Banco Latinoamericano de Comercio Exterior, S. A. announced that they will report Q2, 2024 results After-Market on Jul 23, 2024
Buy Or Sell Opportunity • May 06Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 30% to €28.80. The fair value is estimated to be €23.97, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Earnings per share has grown by 47%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 5.9% in the next 2 years.
Board Change • Apr 23Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Director Angelica Celis was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 21First quarter 2024 earnings released: EPS: US$1.40 (vs US$1.02 in 1Q 2023)First quarter 2024 results: EPS: US$1.40 (up from US$1.02 in 1Q 2023). Revenue: US$69.6m (up 32% from 1Q 2023). Net income: US$51.3m (up 39% from 1Q 2023). Profit margin: 74% (up from 70% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Diversified Financial industry in Germany. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 16Banco Latinoamericano de Comercio Exterior, S. A., Annual General Meeting, Apr 17, 2024Banco Latinoamericano de Comercio Exterior, S. A., Annual General Meeting, Apr 17, 2024, at 10:30 US Eastern Standard Time. Location: Santa Maria Hotel, Santa Maria Boulevard, Panama City Panama Agenda: To approve the bank’s audited consolidated financial statements for the fiscal year ended December 31, 2023; to ratify the appointment of kpmg (“kpmg”) as the bank’s independent registered public accounting firm for the fiscal year ending december 31, 2024; to elect three directors (one director to represent the holders of the class e shares of the bank’s common stock (“class e director”) and two directors to represent the holders of all classes of shares of the bank’s common stock (“all classes directors”)), each to serve a three-year term; to approve, on an advisory basis, the compensation of the bank’s executive officers; and to consider other matters.
お知らせ • Mar 15Banco Latinoamericano de Comercio Exterior, S. A. to Report Q1, 2024 Results on Apr 18, 2024Banco Latinoamericano de Comercio Exterior, S. A. announced that they will report Q1, 2024 results After-Market on Apr 18, 2024
Reported Earnings • Feb 26Full year 2023 earnings releasedFull year 2023 results: Revenue: US$238.7m (up 62% from FY 2022). Net income: US$166.2m (up 81% from FY 2022). Profit margin: 70% (up from 63% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Diversified Financial industry in Germany.
お知らせ • Feb 23+ 1 more updateBanco Latinoamericano De Comercio Exterior, S. A. Increases Cash Dividend for the Fourth Quarter of 2023, Payable on March 19, 2024Banco Latinoamericano de Comercio Exterior, S.A. announced its Board of Directors' approval of a quarterly cash dividend of USD 0.50 per share corresponding to the fourth quarter of 2023. The cash dividend is payable March 19, 2024 to the Bank's stockholders as of March 4, 2024 record date.
お知らせ • Feb 02Banco Latinoamericano de Comercio Exterior, S. A. to Report Q4, 2023 Results on Feb 22, 2024Banco Latinoamericano de Comercio Exterior, S. A. announced that they will report Q4, 2023 results After-Market on Feb 22, 2024
Buy Or Sell Opportunity • Jan 30Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 15% to €23.20. The fair value is estimated to be €19.29, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 36%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 9.6% per annum over the same time period.
Reported Earnings • Oct 22Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: US$65.3m (up 57% from 3Q 2022). Net income: US$45.8m (up 70% from 3Q 2022). Profit margin: 70% (up from 65% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Diversified Financial industry in Germany.
お知らせ • Oct 20Banco Latinoamericano de Comercio Exterior, S.A. Announces Quarterly Dividend Payment for Third Quarter 2023, Payable on November 16, 2023Banco Latinoamericano de Comercio Exterior, S.A. announced its Board of Directors' approval of a quarterly cash dividend of USD 0.25 per share corresponding to the third quarter of 2023. The cash dividend is payable November 16, 2023 to the Bank's stockholders as of October 30, 2023 record date.
お知らせ • Oct 05Banco Latinoamericano de Comercio Exterior, S. A. to Report Q3, 2023 Results on Oct 19, 2023Banco Latinoamericano de Comercio Exterior, S. A. announced that they will report Q3, 2023 results After-Market on Oct 19, 2023
お知らせ • Jul 23Banco Latinoamericano de Comercio Exterior, S. A. Announces Quarterly Dividend Payment for Second Quarter 2023, Payable on August 15, 2023Banco Latinoamericano de Comercio Exterior, S.A. announced its Board of Directors' approval of a quarterly cash dividend of $0.25 per share corresponding to the second quarter of 2023. The cash dividend is payable August 15, 2023 to the Bank's stockholders as of July 31, 2023 record date.
Reported Earnings • Jul 21Second quarter 2023 earnings released: EPS: US$1.02 (vs US$0.63 in 2Q 2022)Second quarter 2023 results: EPS: US$1.02 (up from US$0.63 in 2Q 2022). Revenue: US$52.7m (up 46% from 2Q 2022). Net income: US$37.1m (up 61% from 2Q 2022). Profit margin: 70% (up from 64% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 31% per year.
お知らせ • Jul 04Banco Latinoamericano de Comercio Exterior, S. A. to Report Q2, 2023 Results on Jul 20, 2023Banco Latinoamericano de Comercio Exterior, S. A. announced that they will report Q2, 2023 results After-Market on Jul 20, 2023
Upcoming Dividend • Apr 26Upcoming dividend of US$0.25 per share at 5.5% yieldEligible shareholders must have bought the stock before 03 May 2023. Payment date: 17 May 2023. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 5.5%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (2.6%).
Reported Earnings • Apr 20First quarter 2023 earnings released: EPS: US$1.02 (vs US$0.31 in 1Q 2022)First quarter 2023 results: EPS: US$1.02 (up from US$0.31 in 1Q 2022). Revenue: US$52.8m (up 139% from 1Q 2022). Net income: US$37.0m (up 233% from 1Q 2022). Profit margin: 70% (up from 50% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Apr 06Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 2 highly experienced directors. Independent Director Fausto de Andrade Ribeiro was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Board Change • Mar 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. 1 highly experienced director. Director Fausto de Andrade Ribeiro was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Mar 01Investor sentiment improves as stock rises 22%After last week's 22% share price gain to €19.20, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 32x in the Diversified Financial industry in Germany. Total returns to shareholders of 42% over the past three years.
お知らせ • Feb 07Banco Latinoamericano de Comercio Exterior, S. A. to Report Q4, 2022 Results on Feb 27, 2023Banco Latinoamericano de Comercio Exterior, S. A. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 27, 2023
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: US$0.74 (vs US$0.41 in 3Q 2021)Third quarter 2022 results: EPS: US$0.74 (up from US$0.41 in 3Q 2021). Revenue: US$41.5m (up 59% from 3Q 2021). Net income: US$26.9m (up 71% from 3Q 2021). Profit margin: 65% (up from 60% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 8% per year.
お知らせ • Nov 10Banco Latinoamericano de Comercio Exterior Announces Change to Board of DirectorsBanco Latinoamericano de Comercio Exterior, S.A. (Bladex or the Bank), announced that Mr. Eduardo Hecker, a Class “A” Director of Bladex’s Board of Directors has resigned as of October 12, 2022. Mr. Hecker was a member of the Audit Committee and of the Compensation Committee.
Reported Earnings • Nov 03Third quarter 2022 earnings released: EPS: US$0.74 (vs US$0.41 in 3Q 2021)Third quarter 2022 results: EPS: US$0.74 (up from US$0.41 in 3Q 2021). Revenue: US$41.6m (up 60% from 3Q 2021). Net income: US$26.9m (up 71% from 3Q 2021). Profit margin: 65% (up from 60% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 6% per year.
お知らせ • Nov 02Banco Latinoamericano De Comercio Exterior, S. A. Approves Quarterly Cash Dividend, Payable on November 30, 2022Banco Latinoamericano de Comercio Exterior, S.A. announced its Board of Directors' approval of a quarterly cash dividend of USD 0.25 per share corresponding to the third quarter of 2022. The cash dividend is payable November 30, 2022 to the Bank's stockholders as of November 14, 2022 record date.
お知らせ • Oct 25Banco Latinoamericano de Comercio Exterior, S. A. to Report Q3, 2022 Results on Nov 01, 2022Banco Latinoamericano de Comercio Exterior, S. A. announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Nov 01, 2022
Buying Opportunity • Sep 20Now 21% undervaluedOver the last 90 days, the stock is up 20%. The fair value is estimated to be €18.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.6% over the last 3 years, while earnings per share has been flat.
Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: US$0.63 (vs US$0.35 in 2Q 2021)Second quarter 2022 results: EPS: US$0.63 (up from US$0.35 in 2Q 2021). Revenue: US$36.1m (up 49% from 2Q 2021). Net income: US$23.0m (up 63% from 2Q 2021). Profit margin: 64% (up from 58% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
お知らせ • Aug 04Banco Latinoamericano De Comercio Exterior, S. A. Announces Quarterly Cash Dividend for the Second Quarter of 2022, Payable on August 30, 2022Banco Latinoamericano de Comercio Exterior, S.A. announced its Board of Directors' approval of a quarterly cash dividend of USD 0.25 per share corresponding to the second quarter of 2022. The cash dividend is payable August 30, 2022 to the Bank's stockholders as of August 15, 2022 record date.
お知らせ • Jul 28Banco Latinoamericano de Comercio Exterior, S. A. to Report Q2, 2022 Results on Aug 03, 2022Banco Latinoamericano de Comercio Exterior, S. A. announced that they will report Q2, 2022 results After-Market on Aug 03, 2022
お知らせ • Jun 24Banco Latinoamericano De Comercio Exterior, S.A. Announces the Appointment of Carlos Daniel Raad as New Executive Vice President, Head of Investor RelationsBanco Latinoamericano de Comercio Exterior, S.A. announced 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 international exchange program of IE Business School, Spain.
Reported Earnings • Jun 04First quarter 2022 earnings released: EPS: US$0.31 (vs US$0.32 in 1Q 2021)First quarter 2022 results: EPS: US$0.31 (down from US$0.32 in 1Q 2021). Revenue: US$22.1m (flat on 1Q 2021). Net income: US$11.1m (down 13% from 1Q 2021). Profit margin: 50% (down from 58% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
お知らせ • Jun 01Banco Latinoamericano de Comercio Exterior, S.A. Announces Board ChangesOn May 30, 2022, Ms. Lorenza Martinez Trigueros tendered her resignation as Class E Director of Banco Latinoamericano de Comercio Exterior, S.A. Ms. Martinez Trigueros' resignation was not due to any disagreement with BLADEX.
Reported Earnings • May 06First quarter 2022 earnings released: EPS: US$0.31 (vs US$0.32 in 1Q 2021)First quarter 2022 results: EPS: US$0.31 (down from US$0.32 in 1Q 2021). Revenue: US$22.1m (flat on 1Q 2021). Net income: US$11.1m (down 13% from 1Q 2021). Profit margin: 50% (down from 58% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
お知らせ • May 05Banco Latinoamericano de Comercio Exterior, S. A. Announcers Quarterly Common Dividend, Payable on June 1, 2022The Board of Banco Latinoamericano de Comercio Exterior, S. A. approved a quarterly common dividend of $0.25per share corresponding to the first quarter 2022. The cash dividend will be paid on June 1, 2022, to shareholders registered as of May 16, 2022.
お知らせ • Apr 21Banco Latinoamericano de Comercio Exterior, S.A. to Report Q1, 2022 Results on May 04, 2022Banco Latinoamericano de Comercio Exterior, S.A. announced that they will report Q1, 2022 results Pre-Market on May 04, 2022
Buying Opportunity • Apr 08Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 6.8%. The fair value is estimated to be €17.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has grown by 20%.
Reported Earnings • Mar 28Full year 2021 earnings released: EPS: US$1.62 (vs US$1.60 in FY 2020)Full year 2021 results: EPS: US$1.62. Revenue: US$101.6m (flat on FY 2020). Net income: US$62.7m (down 1.4% from FY 2020). Profit margin: 62% (down from 63% in FY 2020).
Buying Opportunity • Mar 08Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 5.4%. The fair value is estimated to be US$17.53, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% per annum over the last 3 years. Earnings per share has grown by 20% per annum over the last 3 years.
Reported Earnings • Feb 24Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: US$1.62 (up from US$1.60 in FY 2020). Revenue: US$101.9m (up 1.3% from FY 2020). Net income: US$62.7m (down 1.4% from FY 2020). Profit margin: 62% (down from 63% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.9%. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
お知らせ • Feb 24Banco Latinoamericano De Comercio Exterior, S.A Approves Quarterly Cash Dividend for the Fourth Quarter of 201, Payable on March 22, 2022Banco Latinoamericano de Comercio Exterior, S.A. announced its Board of Directors' approval of a quarterly cash dividend of USD 0.25 per share corresponding to the fourth quarter of 2021. The cash dividend is payable March 22, 2022 to the Bank's stockholders as of March 7, 2022 record date.
お知らせ • Feb 05Banco Latinoamericano de Comercio Exterior, S.A to Report Q4, 2021 Results on Feb 22, 2022Banco Latinoamericano de Comercio Exterior, S.A announced that they will report Q4, 2021 results Pre-Market on Feb 22, 2022
Upcoming Dividend • Nov 01Upcoming dividend of US$0.25 per shareEligible shareholders must have bought the stock before 08 November 2021. Payment date: 23 November 2021. Trailing yield: 5.5%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (2.2%).
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS US$0.41 (vs US$0.39 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: US$26.1m (up 10% from 3Q 2020). Net income: US$15.7m (up 1.7% from 3Q 2020). Profit margin: 60% (down from 65% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jul 29Second quarter 2021 earnings released: EPS US$0.36 (vs US$0.36 in 2Q 2020)The company reported a mediocre second quarter result with weaker profit margins, although earnings were flat and revenues improved. Second quarter 2021 results: Revenue: US$24.2m (up 7.5% from 2Q 2020). Net income: US$14.1m (flat on 2Q 2020). Profit margin: 58% (down from 63% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
Reported Earnings • May 06First quarter 2021 earnings released: EPS US$0.32 (vs US$0.46 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$22.0m (down 24% from 1Q 2020). Net income: US$12.8m (down 30% from 1Q 2020). Profit margin: 58% (down from 64% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
お知らせ • May 06+ 1 more updateBanco Latinoamericano de Comercio Exterior, S.A (NYSE:BLX) announces an Equity Buyback for $60 million worth of its shares.Banco Latinoamericano de Comercio Exterior, S.A (NYSE:BLX) announces a share repurchase program. Under the program, the company will repurchase up to $60 million worth of its shares.
Reported Earnings • Mar 25Full year 2020 earnings released: EPS US$1.60 (vs US$2.17 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: US$100.6m (down 21% from FY 2019). Net income: US$63.6m (down 26% from FY 2019). Profit margin: 63% (down from 68% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
お知らせ • Mar 20Banco Latinoamericano de Comercio Exterior, S.A, Annual General Meeting, Apr 21, 2021Banco Latinoamericano de Comercio Exterior, S.A, Annual General Meeting, Apr 21, 2021, at 10:30 Eastern Standard Time. Agenda: To approve the Bank's audited consolidated financial statements for the fiscal year ended December 31, 2020; to ratify the appointment of KPMG ( KPMG") as the Bank's independent registered public accounting firm for the fiscal year ending December 31, 2021; to elect three directors (one director to represent the holders of the Class E shares of the Bank's common stock ( Class E Director") and two directors to represent the holders of all classes of shares of the Bank's common stock ( All Classes Directors")), each to serve a three-year term; to approve, on an advisory basis, the compensation of the Bank's executive officers; and to transact such other business as may properly come before the Annual Meeting.
Is New 90 Day High Low • Mar 11New 90-day high: €13.80The company is up 9.0% from its price of €12.70 on 11 December 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Diversified Financial industry, which is down 2.0% over the same period.
Reported Earnings • Feb 14Full year 2020 earnings released: EPS US$1.60 (vs US$2.17 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: US$99.6m (down 21% from FY 2019). Net income: US$63.6m (down 26% from FY 2019). Profit margin: 64% (down from 68% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
お知らせ • Jan 28Banco Latinoamericano de Comercio Exterior, S.A to Report Q4, 2020 Results on Feb 12, 2021Banco Latinoamericano de Comercio Exterior, S.A announced that they will report Q4, 2020 results Pre-Market on Feb 12, 2021
Is New 90 Day High Low • Jan 08New 90-day high: €13.30The company is up 17% from its price of €11.40 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is down 1.0% over the same period.
Is New 90 Day High Low • Dec 17New 90-day high: €13.00The company is up 23% from its price of €10.60 on 18 September 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is up 11% over the same period.
Is New 90 Day High Low • Nov 20New 90-day high: €12.40The company is up 20% from its price of €10.30 on 21 August 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is down 24% over the same period.
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS US$0.39The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$23.6m (down 18% from 3Q 2019). Net income: US$15.4m (down 24% from 3Q 2019). Profit margin: 65% (down from 71% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.
Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total profits of US$23.0m, down 73% from the prior year. Total revenue was US$109.7m over the last 12 months, down 14% from the prior year.
お知らせ • Oct 13Banco Latinoamericano de Comercio Exterior, S.A to Report Q3, 2020 Results on Oct 27, 2020Banco Latinoamericano de Comercio Exterior, S.A announced that they will report Q3, 2020 results at 9:00 AM, US Eastern Standard Time on Oct 27, 2020
Is New 90 Day High Low • Oct 08New 90-day high: €11.10The company is up 19% from its price of €9.30 on 10 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is down 8.0% over the same period.