Banco Latinoamericano de Comercio Exterior
Market Cap
US$619.8m
Last Updated
2021/01/23 23:42 UTC
Data Sources
Company Financials
Executive Summary
Banco Latinoamericano de Comercio Exterior, S.A., a multinational bank, primarily engages in the financing of foreign trade in Latin America and the Caribbean. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet average dividend payer.
Similar Companies
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 is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: BLX's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-3.2%
BLX
-0.06%
US Diversified Financial
2.3%
US Market
1 Year Return
-27.9%
BLX
3.1%
US Diversified Financial
23.8%
US Market
Return vs Industry: BLX underperformed the US Diversified Financial industry which returned 3.1% over the past year.
Return vs Market: BLX underperformed the US Market which returned 23.7% over the past year.
Shareholder returns
| BLX | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.2% | -0.06% | 2.3% |
| 30 Day | 2.0% | 3.1% | 4.8% |
| 90 Day | 10.7% | 10.3% | 14.5% |
| 1 Year | -21.6%-27.9% | 3.2%3.1% | 26.6%23.8% |
| 3 Year | -35.5%-48.4% | 7.5%7.1% | 45.0%35.4% |
| 5 Year | -5.7%-32.9% | 79.1%78.2% | 126.2%101.0% |
Long-Term 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
2 weeks ago | Simply Wall St
How Does Banco Latinoamericano de Comercio Exterior, S.A (NYSE:BLX) Fare As A Dividend Stock?1 month ago | Simply Wall St
What Is The Ownership Structure Like For Banco Latinoamericano de Comercio Exterior, S.A (NYSE:BLX)?2 months ago | Simply Wall St
It Might Not Be A Great Idea To Buy Banco Latinoamericano de Comercio Exterior, S.A (NYSE:BLX) For Its Next DividendValuation
Is Banco Latinoamericano de Comercio Exterior undervalued compared to its fair value and its price relative to the market?
8.87x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BLX ($15.65) is trading above our estimate of fair value ($12.61)
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 (8.9x) compared to the US Diversified Financial industry average (9.3x).
PE vs Market: BLX is good value based on its PE Ratio (8.9x) compared to the US market (21.3x).
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 (0.6x) compared to the US Diversified Financial industry average (0.8x).
Next Steps
Future Growth
How is Banco Latinoamericano de Comercio Exterior forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
-9.1%
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.
Next Steps
- 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.
Past Performance
How has Banco Latinoamericano de Comercio Exterior performed over the past 5 years?
-13.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BLX has high quality earnings.
Growing Profit Margin: BLX's current net profit margins (64.3%) are lower than last year (66.1%).
Past Earnings Growth Analysis
Earnings Trend: BLX's earnings have declined by 13.9% per year over the past 5 years.
Accelerating Growth: BLX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BLX had negative earnings growth (-17.4%) over the past year, making it difficult to compare to the Diversified Financial industry average (12.7%).
Return on Equity
High ROE: BLX's Return on Equity (6.8%) is considered low.
Next Steps
Financial Health
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
Balance Sheet
Financial Institutions Analysis
Asset Level: BLX's Assets to Equity ratio (6.2x) is low.
Allowance for Bad Loans: BLX has a sufficient allowance for bad loans (162%).
Low Risk Liabilities: 58% of BLX's liabilities are made up of primarily low risk sources of funding.
Loan Level: BLX has an appropriate level of Loans to Assets ratio (72%).
Low Risk Deposits: BLX's Loans to Deposits ratio (148%) is high.
Level of Bad Loans: BLX has an appropriate level of bad loans (1.2%).
Next Steps
Dividend
What is Banco Latinoamericano de Comercio Exterior current dividend yield, its reliability and sustainability?
6.39%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BLX's dividend (6.39%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: BLX's dividend (6.39%) is in the top 25% of dividend payers in the US market (3.85%)
Stability and Growth of Payments
Stable Dividend: BLX's dividend payments have been volatile 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 (64.3%), 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.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.5yrs
Average management tenure
CEO
Taurel Salas (49 yo)
0.83
Tenure
Mr. Jorge L. Salas also known as Taurel, has been Chief Executive Officer of Banco Latinoamericano de Comercio Exterior, SA since March 9, 2020. Mr. Salas served as the Chief Executive Officer, President a...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 0.83yr | no data | no data | |
| Executive VP of Finance & CFO | 3.08yrs | no data | 0.0019% $ 11.8k | |
| Executive VP & COO | 2.92yrs | no data | 0.0025% $ 15.7k | |
| Senior VP of Finance & Investor Relations | no data | no data | no data | |
| Executive VP | 4.08yrs | no data | 0.0011% $ 7.1k | |
| Executive VP & Chief Risk Officer | 4.67yrs | no data | 0.012% $ 76.9k | |
| Executive VP & Chief Commercial Officer | 3.67yrs | no data | 0.0052% $ 32.4k | |
| Executive VP & Chief Audit Officer | 3.25yrs | no data | 0% $ 0 | |
| Executive Vice President of Treasury & Capital Markets | 7.33yrs | no data | 0.0024% $ 14.6k |
3.5yrs
Average Tenure
47.5yo
Average Age
Experienced Management: BLX's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 22yrs | no data | 0.16% $ 1.0m | |
| Director | 4.75yrs | no data | 0.055% $ 342.1k | |
| Independent Director | 17yrs | no data | 0.20% $ 1.3m | |
| Honorary Chairman | no data | no data | no data | |
| Independent Director | 11yrs | no data | 0.045% $ 281.2k | |
| Independent Director | 3.17yrs | no data | 0.060% $ 372.6k | |
| Independent Chairman of the Board | 1.5yrs | no data | 0.18% $ 1.1m | |
| Independent Director | 3.75yrs | no data | 0.045% $ 281.2k | |
| Independent Director | 1.5yrs | no data | no data | |
| Independent Director | 0.92yr | no data | no data | |
| Independent Director | 0.75yr | no data | no data |
3.5yrs
Average Tenure
52yo
Average Age
Experienced Board: BLX's board of directors are considered experienced (3.5 years average tenure).
Ownership
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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Banco Latinoamericano de Comercio Exterior, S.A's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Banco Latinoamericano de Comercio Exterior, S.A
- Ticker: BLX
- Exchange: NYSE
- Founded: 1977
- Industry: Specialized Finance
- Sector: Diversified Financials
- Market Cap: US$619.776m
- Shares outstanding: 39.60m
- Website: https://www.bladex.com
Number of Employees
Location
- Banco Latinoamericano de Comercio Exterior, S.A
- Torre V, Business Park
- Ave. La Rotonda
- Panama City
- Panama
Listings
| 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 |
Biography
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, Co...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/23 23:42 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.