Banco Latinoamericano De Comercio (BLX) AI Stock Analysis

• Market Cap: $1.57B
• Dividend Yield: 5.57%
• Average Volume (3M): 134.28K
• Price to Earnings (P/E): 7.5
• Beta (1Y): 0.56
• 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: 168,961
• 30 Day Avg. Volume: 134,279
• 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: 2.31
• 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): $337.07M

• Rating: 65 Neutral
• Price Target: $48.00 ▲(6.10% 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.

Banco Latinoamericano De Comercio Business Overview & Revenue Model

Company Description

Banco Latinoamericano De Comercio Exterior, S.A. (BLX) is a development bank based in Panama that specializes in providing financing solutions to promote trade and investment in Latin America and the Caribbean. The bank primarily caters to the needs of small and medium-sized enterprises (SMEs) and multinational corporations engaged in international trade. Its core products and services include trade finance, loans, and other financial services designed to facilitate cross-border transactions and enhance economic integration in the region.

How the Company Makes Money

BLX generates revenue through various financial services, primarily by charging interest on loans and financing solutions provided to businesses involved in international trade. The bank's key revenue streams include interest income from trade finance products, fees for transaction services, and commissions associated with advisory services. Additionally, BLX may engage in partnerships with private and public sector entities to broaden its service offerings and leverage additional funding sources, which can contribute to its earnings. The bank's focus on SMEs, coupled with its strategic initiatives to support regional economic development, helps it to maintain a steady flow of revenue.

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	1.99B	1.24B	1.25B	863.81M
Total Debt	3.99B	4.58B	4.68B	6.63B	3.75B	1.99B
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	248.65M	-772.37M	-872.52M	1.25B
Operating Cash Flow	143.32M	-1.13B	250.75M	-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	964.22M	916.25M	1.58B	-1.24B

Banco Latinoamericano De Comercio Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 45.24
• 50DMA: Negative
• 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 45.24 is above the 20-day moving average (MA) of 43.89, above the 50-day MA of 44.89, and above the 200-day MA of 40.38, indicating a neutral trend. The MACD of -0.10 indicates Negative momentum. The RSI at 51.01 is Neutral, neither overbought nor oversold. The STOCH value of 76.39 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	75 Outperform	$1.79B	9.26	14.82%	2.94%	3.98%	6.75%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
BLX	65 Neutral	$1.57B	7.48	16.12%	5.57%	1.35%	9.65%
BBAR	64 Neutral	$3.33B	10.25	13.26%	0.56%	-47.41%	-18.95%
BMA	63 Neutral	$5.78B	13.86	10.91%	1.67%	-57.78%	-67.92%
BUSE	62 Neutral	$2.02B	19.75	5.33%	4.32%	41.45%	-41.16%
EQBK	59 Neutral	$796.63M	34.50	2.90%	1.49%	6.45%	8.32%

Banco Latinoamericano De Comercio Corporate Events

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.

Banco Latinoamericano Reports Strong Asset Growth in Mid-2025 Financials

Banco Latinoamericano de Comercio Exterior, S.A. released its unaudited interim condensed consolidated financial statements for the period ending June 30, 2025. The report highlights a significant increase in total assets from $11.86 billion in December 2024 to $12.67 billion by June 2025, driven by growth in loans and customer deposits. This financial performance underscores the bank’s strengthened position in the Latin American trade finance sector, indicating robust operational momentum and potential positive implications for stakeholders.

Bladex Reports Strong 2Q25 Financial Results with Record Profits

Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) reported a net profit of $64.2 million for the second quarter of 2025, marking a 28% increase year-over-year. The bank achieved an annualized return on equity of 18.5%, driven by strong revenue growth and efficient operations. Bladex’s credit portfolio reached an all-time high, supported by robust credit demand and strategic investments. The bank’s financial performance reflects its successful strategy execution and solid market positioning, with implications for continued growth and stability.

Bladex Declares Second Quarter 2025 Dividend

On August 4, 2025, Bladex announced the approval of a quarterly cash dividend of $0.625 per share for the second quarter of 2025, payable on September 3, 2025, to stockholders on record as of August 15, 2025. This decision reflects the bank’s ongoing commitment to providing value to its shareholders and underscores its stable financial position, supported by its extensive regional presence and diverse shareholder base.