Banco Latinoamericano De Comercio ( (BLX) ) has released its Q1 earnings. Here is a breakdown of the information Banco Latinoamericano De Comercio presented to its investors.
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Banco Latinoamericano De Comercio Exterior, S.A. (Bladex) is a multinational bank based in Panama, established to promote foreign trade and economic integration in Latin America and the Caribbean, and is listed on the NYSE under the symbol BLX. In its latest earnings report for the first quarter of 2025, Bladex announced a net profit of $51.7 million, or $1.40 per share, achieving an annualized return on equity of 15.4%. The bank’s total revenues increased by 7% year-over-year, driven by a 4% rise in net interest income and a 12% increase in fee income. The bank’s credit portfolio reached a new high of $11,950 million, reflecting strong demand and business growth, while maintaining healthy asset quality with 97.9% of credits classified as low risk. Operating expenses rose by 15% year-over-year due to increased headcount and strategic investments, but the efficiency ratio improved to 26.9%. Looking ahead, Bladex continues to focus on strategic growth and maintaining its strong financial position, supported by a robust deposit base and diversified funding sources.