Banco Latinoamericano De Comercio (BLX)
NYSE:BLX
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Earnings Data
Report Date
Aug 05, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
―Last Year’s EPS
1.73Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
Overall the call conveys a positive operational and financial picture: record commercial portfolio and deposits, double-digit fee growth, solid profitability (net income +9% y/y, ROE 14.2%), strong liquidity and high-quality assets, and robust capital metrics (Basel III Tier 1 17.9%). Offsetting items include pressure on net interest income/margins from 2025 rate cuts and competitive markets, a sequential uptick in Stage 2 classifications, a decline in the Panama regulatory ratio driven by rapid balance-sheet growth, and expected near-term expense increases tied to strategic investments. Management reaffirmed full-year guidance and emphasized disciplined growth and proactive risk management.Company Guidance
Record Commercial Portfolio Growth
Commercial portfolio reached $12.0 billion, up 8% quarter-over-quarter and 13% year-over-year; loan balances were $9.7 billion with contingent exposures of $2.1 billion. Growth driven mainly by medium-term transactions across Colombia, Brazil and Guatemala and aligns with targeted growth strategy.
Record Deposits and Improved Funding Mix
Deposits closed at a record $7.3 billion, up 11% quarter-over-quarter and 25% year-over-year, representing 63% of total funding. Yankee CDs surpassed $1.7 billion, enhancing deposit diversification and supporting more stable, cost-efficient funding and margins.
Solid Profitability and Strong Capital Metrics
Net income of $56.4 million, up 9% year-over-year and broadly stable quarter-over-quarter. Return on adjusted equity / ROE was 14.2%. Basel III Tier 1 ratio improved to 17.9% (from 17.4% at YE25). Panama regulatory capital adequacy stood at 14.7%, both levels described as well above regulatory minimums and supportive of growth.
Double-Digit Fee Income Growth and Diversification
Fees and commissions were $13.1 million, up 24% year-over-year despite seasonal softness. Letters of credit and guarantees generated $7.4 million; credit commitments and other commissions reached $2.7 million (more than doubled y/y); structuring and distribution contributed $3.1 million. Management reports a healthy pipeline for syndications and trade-related fees.
Strong Liquidity and Conservative Investment Portfolio
Liquid assets totaled $2.0 billion (14.5% of total assets). Treasury investment portfolio increased 14% year-over-year to $1.44 billion, was ~96% investment grade, geographically diversified outside LATAM, and short duration with average maturity ~1.5 years; ~80% of liquidity placed at the Federal Reserve Bank of New York.
Asset Quality Remains High
Total credit exposure of $13.5 billion with 97.5% in Stage 1, Stage 2 at 2.2% (~$300 million) and Stage 3 at 0.3% (~$39 million). Total allowances were $112 million (coverage ~0.83%), and coverage of impaired credits was strong at 2.9x. Management emphasized proactive monitoring and no material credit events in the quarter.
Efficiency and Operational Improvements
Operating expenses were $22 million and the efficiency ratio was 26.5%, within full-year guidance of ~28%. Operational improvements included reducing letters-of-credit processing times from ~5 hours to about 1 hour, enabling profitable handling of smaller tickets and deeper client penetration.
BLX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BLX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 27, 2026 | $55.92 | $52.61 | -5.92% |
Feb 12, 2026 | $48.37 | $49.82 | +3.00% |
Oct 28, 2025 | $43.08 | $40.62 | -5.73% |
Aug 04, 2025 | $38.41 | $38.67 | +0.67% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Banco Latinoamericano De Comercio (BLX) report earnings?
Banco Latinoamericano De Comercio (BLX) is schdueled to report earning on Aug 05, 2026, Before Open (Confirmed).
What is Banco Latinoamericano De Comercio (BLX) earnings time?
Banco Latinoamericano De Comercio (BLX) earnings time is at Aug 05, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is BLX EPS forecast?
Currently, no data Available