Banco Latinoamericano de Comercio Exterior, S.A., a multinational bank, primarily engages in the financing of foreign trade in Latin America and the Caribbean.
Established dividend payer with proven track record.
Share Price & News
How has Banco Latinoamericano de Comercio Exterior's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BLX has not had significant price volatility in the past 3 months.
7 Day Return
US Diversified Financial
1 Year Return
US Diversified Financial
Return vs Industry: BLX underperformed the US Diversified Financial industry which returned 10.3% over the past year.
Return vs Market: BLX underperformed the US Market which returned 14% over the past year.
Price Volatility Vs. Market
How volatile is Banco Latinoamericano de Comercio Exterior's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StHere's Why We're Wary Of Buying Banco Latinoamericano de Comercio Exterior, S.A's (NYSE:BLX) For Its Upcoming Dividend
2 weeks ago | Simply Wall StThree Things You Should Check Before Buying Banco Latinoamericano de Comercio Exterior, S.A (NYSE:BLX) For Its Dividend
1 month ago | Simply Wall StDoes Banco Latinoamericano de Comercio Exterior, S.A (NYSE:BLX) Have A Volatile Share Price?
Is Banco Latinoamericano de Comercio Exterior undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BLX ($19.21) is trading above our estimate of fair value ($13.33)
Significantly Below Fair Value: BLX is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BLX is good value based on its PE Ratio (8.8x) compared to the Diversified Financial industry average (9.3x).
PE vs Market: BLX is good value based on its PE Ratio (8.8x) compared to the US market (17.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BLX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BLX is good value based on its PB Ratio (0.7x) compared to the US Diversified Financial industry average (0.8x).
How is Banco Latinoamericano de Comercio Exterior forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Banco Latinoamericano de Comercio Exterior has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether Banco Latinoamericano de Comercio Exterior is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Banco Latinoamericano de Comercio Exterior competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Diversified Financials industry.
How has Banco Latinoamericano de Comercio Exterior performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BLX has high quality earnings.
Growing Profit Margin: BLX's current net profit margins (67.9%) are higher than last year (15.9%).
Past Earnings Growth Analysis
Earnings Trend: BLX's earnings have declined by -19.4% per year over the past 5 years.
Accelerating Growth: BLX's earnings growth over the past year (672.6%) exceeds its 5-year average (-19.4% per year).
Earnings vs Industry: BLX earnings growth over the past year (672.6%) exceeded the Diversified Financial industry 133.9%.
Return on Equity
High ROE: BLX's Return on Equity (8.5%) is considered low.
Return on Assets
Return on Capital Employed
How is Banco Latinoamericano de Comercio Exterior's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: BLX has a low level of unsold assets or inventory.
Debt Coverage by Assets: BLX's debt is not covered by short term assets (assets are 0.4x debt).
Financial Institutions Analysis
Asset Level: BLX's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if BLX has a sufficient allowance for bad loans.
Low Risk Liabilities: BLX reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if BLX has an acceptable proportion of non-loan assets held.
Low Risk Deposits: BLX has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if BLX has an appropriate level of bad loans.
What is Banco Latinoamericano de Comercio Exterior's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: BLX's dividend (8.02%) is higher than the bottom 25% of dividend payers in the US market (1.48%).
High Dividend: BLX's dividend (8.02%) is in the top 25% of dividend payers in the US market (3.77%)
Stability and Growth of Payments
Stable Dividend: BLX's dividends per share have been stable in the past 10 years.
Growing Dividend: BLX's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (70.8%), BLX's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Natalio Gabriel Tolchinsky (56yo)
Mr. Natalio Gabriel Tolchinsky has been Chief Executive Officer at Banco Latinoamericano de Comercio Exterior, SA since April 30, 2018. He was Director of Banco Latinoamericano de Comercio Exterior, SA sin ...
|Chief Executive Officer||1.8yrs||no data||0.013% $96.1k|
|Executive VP of Finance & CFO||2.2yrs||no data||no data|
|Executive VP & COO||2yrs||no data||no data|
|Senior VP of Finance & Investor Relations||0yrs||no data||no data|
|Executive VP||3.2yrs||no data||no data|
|Executive Executive Vice President & Chief Risk Officer||3.8yrs||no data||0.0072% $55.1k|
|Executive VP of Business & Chief Commercial Officer||2.8yrs||no data||0.0074% $56.6k|
|Executive VP & Chief Audit Officer||2.3yrs||no data||no data|
|Executive Vice President of Treasury & Capital Markets||6.4yrs||no data||no data|
Experienced Management: BLX's management team is considered experienced (2.5 years average tenure).
|Independent Director||21.1yrs||no data||0.15% $1.1m|
|Director||3.8yrs||no data||0.040% $305.4k|
|Independent Director||16.1yrs||no data||0.20% $1.6m|
|Honorary Chairman||0yrs||no data||no data|
|Independent Director||10.1yrs||no data||0.030% $230.5k|
|Director||2.3yrs||no data||0.045% $342.9k|
|Chairman of the Board||0.6yrs||no data||0.16% $1.2m|
|Independent Director||3.1yrs||no data||0.030% $230.5k|
|Independent Director||2.8yrs||no data||0.030% $230.5k|
|Director||0.6yrs||no data||no data|
Experienced Board: BLX's board of directors are considered experienced (3.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Banco Latinoamericano de Comercio Exterior, S.A's company bio, employee growth, exchange listings and data sources
- Name: Banco Latinoamericano de Comercio Exterior, S.A
- Ticker: BLX
- Exchange: NYSE
- Founded: 1977
- Industry: Specialized Finance
- Sector: Diversified Financials
- Market Cap: US$760.760m
- Shares outstanding: 39.60m
- Website: https://www.bladex.com
Number of Employees
- Banco Latinoamericano de Comercio Exterior, S.A
- Torre V, Business Park
- Ave. La Rotonda
- Panama City
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BLX||NYSE (New York Stock Exchange)||Yes||Class E Common Stock||US||USD||Sep 1992|
|D8Q||DB (Deutsche Boerse AG)||Yes||Class E Common Stock||DE||EUR||Sep 1992|
Banco Latinoamericano de Comercio Exterior, S.A., a multinational bank, primarily engages in the financing of foreign trade in Latin America and the Caribbean. The company operates through two segments, Commercial and Treasury. It offers short and medium-term bilateral, structured and syndicated credits, and loan commitments; letter of credit contingencies, such as issued and confirmed letters of credit, and stand-by letters of credit; and guarantees covering commercial risk and other assets. The company also provides treasury solutions. It primarily serves financial institutions, companies, and investors. The company was formerly known as Banco Latinoamericano de Exportaciones, S.A. and changed its name to Banco Latinoamericano de Comercio Exterior, S.A. in June 2009. Banco Latinoamericano de Comercio Exterior, S.A. was founded in 1977 and is headquartered in Panama City, the Republic of Panama.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/25 00:00|
|End of Day Share Price||2020/02/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.