Banco Latinoamericano De Comercio (BLX) AI Stock Analysis

• Market Cap: $1.57B
• Dividend Yield: 5.6%
• Average Volume (3M): 135.15K
• Price to Earnings (P/E): 7.4
• Beta (1Y): 0.53
• Revenue Growth: 1.35%
• EPS Growth: 9.65%
• Country: US
• Employees: 175
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 1.48
• Shares Outstanding: 28,736,597
• 10 Day Avg. Volume: 116,344
• 30 Day Avg. Volume: 135,148
• PEG Ratio: 0.28
• Price to Book (P/B): 0.98
• Price to Sales (P/S): 1.61
• P/FCF Ratio: -1.16
• Enterprise Value/Market Cap: 2.32
• Enterprise Value/Revenue: 4.44
• Enterprise Value/Gross Profit: 12.46
• Enterprise Value/Ebitda: 16.18
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 6.17
• Revenue Forecast (FY): $336.73M

• Rating: 65 Neutral
• Price Target: $48.00 ▲(6.36% Upside)

Banco Latinoamericano De Comercio's overall stock score reflects strong valuation metrics and solid earnings call performance, offset by financial risks due to high leverage and cash flow challenges. Technical indicators suggest limited upward momentum, contributing to a moderate overall score.

Positive Factors

Revenue Growth

The strong revenue growth trajectory indicates expanding market reach and effective business strategies, supporting long-term sustainability.

Capital Strengthening

The successful capital issuance strengthens the bank's capital base, enhancing its ability to support high-value transactions and future growth.

Deposit Growth

Significant deposit growth reflects strong customer trust and provides a stable funding base for future lending and investment activities.

Negative Factors

High Leverage

High leverage can strain financial stability, limiting flexibility and increasing vulnerability to market changes.

Cash Flow Challenges

Persistent cash flow challenges can hinder the company's ability to fund operations and growth initiatives, impacting long-term viability.

Decline in Net Interest Margin

A declining net interest margin may pressure profitability, affecting the bank's ability to generate income from its core lending activities.

Banco Latinoamericano De Comercio Business Overview & Revenue Model

Company Description

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 loans, structured and syndicated credits, and loan commitments; financial guarantee contracts, such as issued and confirmed letters of credit, and stand-by letters of credit; and guarantees covering commercial risk and other assets, as well as co-financing arrangements, underwriting of syndicated credit facilities, structured trade financing in the form of factoring and vendor financing, and financial leasing. The company also provides treasury solutions, including term deposits and private placements. It primarily serves financial institutions, corporations, and 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 1977 and is headquartered in Panama City, the Republic of Panama.

How the Company Makes Money

BLX generates revenue primarily through interest income from loans extended to clients, which include corporations and government entities in Latin America and the Caribbean. The bank also earns fees from trade finance operations, such as letters of credit and guarantees, which facilitate international trade transactions. Additionally, BLX engages in investment activities, managing its own portfolio of financial assets, which can provide capital gains and interest income. Significant partnerships with regional development banks and international financial institutions further enhance its ability to provide comprehensive financial solutions, while also contributing to its earnings through collaborative projects and shared risk management.

Banco Latinoamericano De Comercio Financial Statement Overview

Summary

Banco Latinoamericano De Comercio demonstrates strong profitability and revenue growth, with a robust net profit margin of 26.9%. However, high leverage with a debt-to-equity ratio of 2.82 and cash flow volatility, indicated by a negative free cash flow growth rate of -117.7%, pose significant risks.

Income Statement

Banco Latinoamericano De Comercio shows a strong revenue growth trajectory with a TTM revenue growth rate of 12.2%. The gross profit margin is healthy at 35.6%, and the net profit margin is robust at 26.9%, indicating efficient cost management and profitability. However, the historical volatility in revenue growth and margins suggests potential risks in maintaining these levels.

Balance Sheet

The company has a high debt-to-equity ratio of 2.82, which is a concern for financial stability. However, the return on equity is strong at 16.2%, indicating effective use of equity to generate profits. The equity ratio is moderate, suggesting a balanced asset structure, but the high leverage poses a risk if market conditions change.

Cash Flow

The cash flow statement reveals challenges with a negative free cash flow growth rate of -117.7% in the TTM period. The operating cash flow to net income ratio is low at 0.018, indicating potential issues in converting income into cash. However, the free cash flow to net income ratio is nearly 1, suggesting that the company is managing to maintain cash flow relative to net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	818.52M	810.60M	683.41M	330.75M	155.74M	188.18M
Gross Profit	291.36M	284.78M	209.87M	126.61M	101.64M	99.66M
EBITDA	224.39M	209.44M	169.25M	94.75M	66.19M	67.93M
Net Income	220.41M	205.87M	166.16M	92.04M	62.70M	63.59M
Balance Sheet
Total Assets	12.67B	11.86B	10.74B	9.28B	8.04B	6.29B
Cash, Cash Equivalents and Short-Term Investments	2.07B	2.06B	2.06B	1.24B	1.25B	863.81M
Total Debt	3.99B	4.58B	4.68B	4.73B	3.75B	2.00B
Total Liabilities	11.26B	10.52B	9.54B	8.21B	7.05B	5.25B
Stockholders Equity	1.42B	1.34B	1.20B	1.07B	991.79M	1.04B
Cash Flow
Free Cash Flow	140.10M	-1.13B	1.06B	-772.37M	-872.52M	1.25B
Operating Cash Flow	143.32M	-1.13B	1.06B	-769.65M	-871.71M	1.25B
Investing Cash Flow	-222.61M	-180.02M	-12.77M	-166.66M	-446.08M	-319.90M
Financing Cash Flow	189.09M	1.14B	-253.22M	916.25M	1.68B	-1.24B

Banco Latinoamericano De Comercio Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 45.13
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BLX, the sentiment is Positive. The current price of 45.13 is above the 20-day moving average (MA) of 44.53, above the 50-day MA of 44.32, and above the 200-day MA of 41.03, indicating a bullish trend. The MACD of 0.24 indicates Negative momentum. The RSI at 51.61 is Neutral, neither overbought nor oversold. The STOCH value of 62.94 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BLX.

Banco Latinoamericano De Comercio Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OFG	78 Outperform	$1.78B	9.20	14.82%	2.84%	3.98%	6.75%
BUSE	72 Outperform	$2.02B	19.75	5.33%	4.16%	41.45%	-41.16%
EQBK	69 Neutral	$856.15M	37.08	2.90%	1.40%	6.45%	8.32%
BBAR	69 Neutral	$3.60B	14.61	10.17%	0.69%	-39.50%	-49.55%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
BLX	65 Neutral	$1.57B	7.44	16.12%	5.60%	1.35%	9.65%
BMA	65 Neutral	$5.00B	12.00	10.91%	2.07%	-57.78%	-67.92%

Banco Latinoamericano De Comercio Corporate Events

Banco Latinoamericano Reports Financial Growth in Q3 2025

On October 31, 2025, Banco Latinoamericano de Comercio Exterior, S.A. released its unaudited interim condensed consolidated financial statements for the period ending September 30, 2025. The report highlights a growth in total assets from $11.86 billion at the end of 2024 to $12.50 billion by September 2025, driven by increases in loans and investment securities. This financial performance indicates a strengthening position in the market, potentially benefiting stakeholders through improved financial stability and expanded lending capacity.

Bladex Reports Strong Q3 2025 Financial Results with $55 Million Net Profit

Bladex reported solid financial results for the third quarter and first nine months of 2025, with net profits of $55 million and $170.9 million, respectively. The bank’s performance was driven by diversified earnings, strong fee income, and a growing credit portfolio, despite challenges like margin compression and higher provisions for credit losses. The successful issuance of $200 million in Additional Tier 1 capital further strengthened its capital position, enhancing its regulatory capital adequacy ratios.

Bladex Declares Third Quarter 2025 Dividend

On October 28, 2025, Bladex announced the approval of a quarterly cash dividend of $0.625 per share for the third quarter of 2025, payable on November 25, 2025, to stockholders recorded by November 10, 2025. This announcement reflects Bladex’s ongoing commitment to providing returns to its shareholders and underscores its stable financial performance. With 37,231,065.88 shares outstanding as of September 30, 2025, the dividend demonstrates the bank’s robust position in the financial sector, supporting its regional expansion and servicing of a diverse customer base.

Bladex Successfully Launches $200 Million AT1 Notes Offering

On September 12, 2025, Bladex announced the successful launch of its inaugural US$200 million Additional Tier 1 (AT1) capital offering in the international markets. The offering, which was more than three times oversubscribed, reflects strong global investor demand and confidence in Bladex’s strategic vision. This issuance is a significant milestone for Bladex, as it optimizes the bank’s capital structure and supports its long-term growth strategy by strengthening its capital base. The proceeds will be used to support future loan growth and maintain capitalization levels above regulatory requirements, reinforcing Bladex’s position as a trusted regional partner in trade finance.