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Banco Latinoamericano de Comercio Exterior, S. A.NYSE:BLX Stock Report

Market Cap US$1.9b
Share Price
US$53.35
US$61.53
13.3% undervalued intrinsic discount
1Y50.1%
7D3.5%
Portfolio Value
​
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Banco Latinoamericano de Comercio Exterior, S. A.

NYSE:BLX Stock Report

Market Cap: US$1.9b

Banco Latinoamericano de Comercio Exterior S. A (BLX) Stock Overview

Banco Latinoamericano de Comercio Exterior, S. More details

BLX fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance3/6
Financial Health5/6
Dividends5/6

Rewards

Trading at 43.5% below our estimate of its fair value

Earnings are forecast to grow 8.68% per year

Earnings grew by 10.2% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Unstable dividend track record


BLX Community Fair Values

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See what 21 others think this stock is worth. Follow their fair value or set your own to get alerts.

BLX logo
Banco Latinoamericano de Comercio Exterior S. A

BLX: Forward Profitability And Modest Growth Will Unlock Latin American Potential

Key Takeaways New digital trade finance platform and focus on structured transactions are expected to boost revenue growth, operational efficiency, and recurring, higher-margin fee income. Strong asset quality, prudent risk management, and shift to deposit-based funding enhance earnings stability, resilience, and ability to capture regional growth opportunities.
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US$61.53
FV
13.3% undervalued intrinsic discount
11.21%
Revenue growth p.a.
281
users have viewed this narrative
1users have liked this narrative
1users have commented on this narrative
12users have followed this narrative
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Banco Latinoamericano de Comercio Exterior S. A

Digital Trade Finance Will Fuel Latin American Integration

Key Takeaways Accelerating fee-based revenue, expanding deposit base, and digitalization efforts are significantly improving margins, efficiency, and net income beyond market expectations. Increased regional trade and investment are creating long-term opportunities in trade and structured finance, strengthening the bank's competitive position and future earnings growth potential.
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US$56
FV
4.7% undervalued intrinsic discount
10.63%
Revenue growth p.a.
16
users have viewed this narrative
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
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Banco Latinoamericano de Comercio Exterior, S. A. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Banco Latinoamericano de Comercio Exterior S. A
Historical stock prices
Current Share PriceUS$53.35
52 Week HighUS$53.74
52 Week LowUS$33.10
Beta0.82
1 Month Change11.63%
3 Month Change20.70%
1 Year Change50.11%
3 Year Change203.47%
5 Year Change257.33%
Change since IPO142.50%

Recent News & Updates

Recent updates

Bladex: Practically Perfect Execution On Long-Term Plan

Feb 05

Bladex: A Trade Finance Bank During A Trade Rift

Apr 18

Bladex's Growth Cannot Offset Spread Contraction And Cycle Risks; Moving To Hold

Mar 11

Banco Latinoamericano de Comercio Exterior S. A's (NYSE:BLX) Shareholders Will Receive A Bigger Dividend Than Last Year

Mar 03
Banco Latinoamericano de Comercio Exterior S. A's (NYSE:BLX) Shareholders Will Receive A Bigger Dividend Than Last Year

Mr. Market Is No Longer Wrong On Bladex

Jan 20
User avatar

Bladex's Decisive Evolution And Innovative Platforms Drive Bright Financial Horizons

Shift towards cost-efficient deposits and strategic expansion is expected to boost net interest margins and support loan growth.

Bladex Continues To Grow But Warns Of Higher Competition, Still A Buy

Nov 02

Here's Why Banco Latinoamericano de Comercio Exterior S. A (NYSE:BLX) Has Caught The Eye Of Investors

Aug 30
Here's Why Banco Latinoamericano de Comercio Exterior S. A (NYSE:BLX) Has Caught The Eye Of Investors

Bladex: Q2 2024 Keeps The Performance Trend, The Bank Is Still A Buy

Jul 25

Do Banco Latinoamericano de Comercio Exterior S. A's (NYSE:BLX) Earnings Warrant Your Attention?

May 01
Do Banco Latinoamericano de Comercio Exterior S. A's (NYSE:BLX) Earnings Warrant Your Attention?

Bladex Still An Opportunity, With Caution On New Business Segments

Apr 12

Here's Why We Think Banco Latinoamericano de Comercio Exterior S. A (NYSE:BLX) Is Well Worth Watching

Jan 06
Here's Why We Think Banco Latinoamericano de Comercio Exterior S. A (NYSE:BLX) Is Well Worth Watching

Bladex Is Still A Lopsided Bet On Latin American Growth

Dec 15

Bladex: Moving To Hold As Bull Thesis Has Played Out

Nov 30

If EPS Growth Is Important To You, Banco Latinoamericano de Comercio Exterior S. A (NYSE:BLX) Presents An Opportunity

Sep 06
If EPS Growth Is Important To You, Banco Latinoamericano de Comercio Exterior S. A (NYSE:BLX) Presents An Opportunity

Bladex: A Speculative LatAm Play With Growth, Value, And Momentum

Aug 11

Banco Latinoamericano de Comercio Exterior S. A (NYSE:BLX) Is Due To Pay A Dividend Of $0.25

Mar 03
Banco Latinoamericano de Comercio Exterior S. A (NYSE:BLX) Is Due To Pay A Dividend Of $0.25

Banco Latinoamericano declares CAD 0.165 dividend

Feb 14

Banco Latinoamericano de Comercio Exterior S. A (NYSE:BLX) Is Paying Out A Dividend Of $0.25

Nov 05
Banco Latinoamericano de Comercio Exterior S. A (NYSE:BLX) Is Paying Out A Dividend Of $0.25

Shareholder Returns

BLXUS Diversified FinancialUS Market
7D3.5%2.0%3.0%
1Y50.1%-9.4%25.7%

Return vs Industry: BLX exceeded the US Diversified Financial industry which returned -4.4% over the past year.

Return vs Market: BLX exceeded the US Market which returned 32.8% over the past year.

Price Volatility

Is BLX's price volatile compared to industry and market?
BLX volatility
BLX Average Weekly Movement3.3%
Diversified Financial Industry Average Movement6.5%
Market Average Movement7.1%
10% most volatile stocks in US Market16.1%
10% least volatile stocks in US Market3.3%

Stable Share Price: BLX has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: BLX's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1975n/aTaurel Salasbladex.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 two segments, Commercial and Treasury. The company accepts deposits.

Banco Latinoamericano de Comercio Exterior, S. A. Fundamentals Summary

How do Banco Latinoamericano de Comercio Exterior S. A's earnings and revenue compare to its market cap?
BLX fundamental statistics
Market capUS$1.94b
Earnings (TTM)US$226.88m
Revenue (TTM)US$317.45m
8.8x
P/E Ratio
6.3x
P/S Ratio

Is BLX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BLX income statement (TTM)
RevenueUS$317.45m
Cost of RevenueUS$7.19m
Gross ProfitUS$310.26m
Other ExpensesUS$83.38m
EarningsUS$226.88m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)6.09
Gross Margin97.74%
Net Profit Margin71.47%
Debt/Equity Ratio251.6%

How did BLX perform over the long term?

See historical performance and comparison

Dividends

5.2%
Current Dividend Yield
42%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/08 05:19
End of Day Share Price 2026/04/08 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Banco Latinoamericano de Comercio Exterior, S. A. is covered by 7 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gilberto GarciaBarclays
Ricardo BuchpiguelBTG Pactual
Iñigo Vega ZabalaJefferies LLC