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Banco Latinoamericano de Comercio Exterior, S. A. BLX R2K

Financial Services · Banks - Regional · Panama
https://bladex.com

Banco Latinoamericano de Comercio Exterior, S. A., a multinational bank, engages in financing of foreign trade and economic integration in Latin America and the Caribbean. It operates through Commercial and Treasury segments. The company accepts deposits. It also offers products and services, such as origination of bilateral short- and medium-term loans, structured and syndicated credits, and loan commitments; financial guarantee contracts, including issued and confirmed letters of credit, stand-by letters of credit, guarantees covering commercial risk, and other assets of customers' liabilities under acceptances; and co-financing arrangements, underwriting of syndicated credit facilities, structured trade financing in the form of factoring and vendor financing, and financial leasing. In addition, the company is involved in investment management activities comprising securities at fair value through other comprehensive income and amortized cost. It serves financial institutions, corporations, sovereigns, and state-owned entities. 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 1975 and is headquartered in Panama City, the Republic of Panama.

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$55.84
+39.82% 1Y

Market & Price

Market Cap
$2.08B
Current Price
$55.84
High / Low (52W)
$56.95 / $38.29
Beta
0.81

Valuation

Stock P/E
9.28
Industry PE
12.01
Forward P/E
7.91
PEG Ratio
1.77
Book Value
$45.50
Price to Book
1.23
P/S
6.43
EV/EBITDA
-
Dividend Yield
4.70%

Profitability & Returns

ROCE
-
ROE
15.04%
ROA
1.77%
Profit Margin
71.66%
Op Margin
72.81%
EPS (Latest Qtr)
$1.31
EPS (TTM)
$6.02

Balance Sheet & Liquidity

Debt/Equity
-
Quick Ratio
-
Current Ratio
-
Debt
$4.40B
Total Assets
$12.79B
Current Assets
-
Working Capital
-

Ownership

Promoter Holding
3.91%
Chg in Prom Hold
-
FII / Inst Holding
31.32%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
$6.10B
Total Revenue (TTM)
$323.08M
EBITDA
-
Free Cash Flow
-
Operating Cash Flow
$-649.32M
Shares Outstanding
30.06M
Gross Margin
0.00%
Payout Ratio
42.57%

Growth (CAGR)

Revenue 5Y
29.28%
Profit 5Y
35.09%
Revenue (YoY)
7.70%
Earnings (YoY)
-6.70%

PROS

  • Excellent profit margin of 71.7%.
  • Compounding revenue at 29.3% over 5 years.
  • Profit CAGR of 35.1% over 5 years.
  • Attractive dividend yield of 4.70%.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Financial Services).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 BLX Banco Latinoamericano de Comercio Exterior, S. A. R2K 55.84 9.28 $2.08B 4.70% - 15.04% 29.28% 35.09%
2 JPM JPMorgan Chase & Co. SPX 299.31 14.33 $802.00B 2.00% - 16.47% 12.50% 14.83%
3 V Visa Inc. SPX 326.36 28.48 $620.65B 0.82% 38.38% 60.35% 10.92% 10.28%
4 MA Mastercard Incorporated SPX 493.98 28.57 $436.47B 0.70% 61.47% - 13.82% 14.66%
5 MS Morgan Stanley SPX 208.00 18.84 $328.08B 1.92% - 16.39% 9.52% 15.20%
6 GS The Goldman Sachs Group, Inc. SPX 1,025.56 18.73 $302.55B 1.76% - 14.55% 7.16% 15.11%
7 WFC Wells Fargo & Company SPX 77.54 11.98 $237.29B 2.32% - 12.03% 4.02% 15.98%
8 BLK BlackRock, Inc. SPX 1,046.88 26.32 $162.51B 2.19% 4.89% 11.90% 10.65% 2.36%
9 SCHW The Charles Schwab Corporation SPX 87.35 17.37 $151.91B 1.47% - 19.08% 4.83% 7.21%
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Quarterly Results

Figures in USD.

Metric Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue 78.02M90.04M82.78M64.99M82.80M
Cost of Revenue -----
Gross Profit -----
Operating Expenses -----
Operating Income -----
EBITDA -----
Interest Expense 124.16M126.69M126.25M120.17M115.74M
Pretax Income 51.73M64.18M54.97M56.00M56.35M
Tax Provision -----
Net Income 51.73M64.18M54.97M56.00M56.35M
Diluted EPS 1.401.731.481.501.31

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue -146.14M237.34M284.78M315.76M
Cost of Revenue -----
Gross Profit -----
Operating Expenses -----
Operating Income -----
EBITDA -----
Interest Expense -184.61M446.08M525.82M497.28M
Pretax Income -92.04M166.16M205.87M226.88M
Tax Provision -----
Net Income -92.04M166.16M205.87M226.88M
Diluted EPS -2.544.555.606.11

Compounded Sales Growth

5 Years:29.28%
1 Year:7.70%

Compounded Profit Growth

5 Years:35.09%
1 Year:-6.70%

Stock Price Performance

1 Year:+39.82%
6 Months:+28.88%
3 Months:+13.05%
1 Month:+5.56%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets -9.28B10.74B11.86B12.79B
Current Assets -----
Cash & Equivalents -1.24B2.05B1.94B1.90B
Inventory -----
Receivables -71.68M115.53M120.93M94.30M
Total Liabilities -8.21B9.54B10.52B11.11B
Current Liabilities -----
Long Term Debt -2.22B2.63B2.73B2.51B
Total Debt -4.43B4.37B4.41B4.05B
Total Equity -1.07B1.20B1.34B1.68B
Shares Outstanding -36.32M36.54M36.79M37.23M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow --769.65M1.06B-122.66M780.24M
Investing Cash Flow --166.66M-12.77M-180.02M-211.16M
Financing Cash Flow -916.25M-253.22M135.54M-546.81M
Capital Expenditure --2.72M-2.10M-3.94M-2.80M
Free Cash Flow --772.37M1.06B-126.59M777.45M
Net Change in Cash --20.07M796.13M-167.14M22.28M

Ratios (Annual)

Figures in %.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -----
Operating Margin % -----
Net Margin % -63.0%70.0%72.3%71.9%
ROE % -8.6%13.8%15.4%13.5%
ROCE % -----

Shareholding Pattern

Insiders
3.91%
Institutions
31.32%
Public Float
32.60%

Top Institutional Holders

#Holder% HeldSharesValue
1 LSV Asset Management 3.84% 1.15M $64.43M
2 Uniplan Investment Counsel, Inc. 0.40% 119.94K $6.70M
3 Hillsdale Investment Management Inc. 0.32% 96.06K $5.36M
4 Martingale Asset Management, L.P. 0.15% 43.83K $2.45M
5 Ramirez Asset Management, Inc. 0.14% 42.17K $2.35M
6 Rhumbline Advisers 0.12% 37.13K $2.07M
7 Estabrook Capital Management 0.07% 22.20K $1.24M
8 Sterling Capital Management, LLC 0.03% 8.82K $492.79K
9 Diversified Trust Company 0.02% 7.32K $408.52K
10 EMC Capital Management 0.02% 5.76K $321.47K

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