Banco Latinoamericano de Comercio Exterior, S. A. (BLX) fundamental analysis — strengths, weaknesses & financial health based on data analysis
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Banco Latinoamericano de Comercio Exterior, S. A. (BLX) stock price & volume — 10-year historical chart
Banco Latinoamericano de Comercio Exterior, S. A. (BLX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Banco Latinoamericano de Comercio Exterior, S. A. (BLX) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 27, 2026 | $1.31 | $83Mvs $33M+354.6% |
| Q1 2026 | Feb 12, 2026 | $1.50 | $89Mvs $31M+383.0% |
| Q4 2025 | Oct 28, 2025 | $1.48 | $209M |
| Q3 2025 | Aug 4, 2025 | $1.73 | $217M |
Banco Latinoamericano de Comercio Exterior, S. A. (BLX) competitors in Non-US regional and universal banks — business model, growth, and fundamentals comparison
Banco Latinoamericano de Comercio Exterior, S. A. (BLX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Banco Latinoamericano de Comercio Exterior, S. A. (BLX) annual income statement — 10-year revenue, gross profit & net income history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
Net Interest Income | 119.81M | 109.74M | 109.52M | 92.45M | 86.78M | 148.01M | 233.18M | 259.21M | 271.18M |
NII Growth % | -22.8% | -8.41% | -0.21% | -15.58% | -6.13% | 70.56% | 57.54% | 11.16% | 4.62% |
Net Interest Margin % | 1.91% | 1.44% | 1.51% | 1.47% | 1.08% | 1.59% | 2.17% | 2.19% | 2.12% |
Interest Income | 226.08M | 258.49M | 273.68M | 180.97M | 140.88M | 332.62M | 679.26M | 785.03M | 768.46M |
Interest Expense | 106.26M | 148.75M | 164.17M | 88.52M | 54.1M | 184.61M | 446.08M | 525.82M | 497.28M |
Loan Loss Provision | 9.93M | 0 | 0 | 0 | 0 | 19.52M | 27.46M | 0 | -475.18M |
Non-Interest Income | 9.06M | -40.91M | 15.72M | 7.21M | 14.86M | -1.88M | 4.15M | 25.57M | -428.86M |
Non-Interest Income % | 3.85% | -18.81% | 5.43% | 3.83% | 9.54% | -0.57% | 0.61% | 3.15% | -126.29% |
Total Revenue | 235.14M▲ 0% | 217.57M▼ 7.5% | 289.4M▲ 33.0% | 188.18M▼ 35.0% | 155.74M▼ 17.2% | 330.75M▲ 112.4% | 683.41M▲ 106.6% | 810.6M▲ 18.6% | 339.6M▼ 58.1% |
Revenue Growth % | 5.18% | -7.47% | 33.01% | -34.98% | -17.24% | 112.37% | 106.63% | 18.61% | -58.11% |
Non-Interest Expense | 36.95M | 57.69M | 39.18M | 36.06M | 38.95M | 34.58M | 43.71M | 78.91M | 90.6M |
Efficiency Ratio | 15.71% | 26.51% | 13.54% | 19.16% | 25.01% | 10.45% | 6.4% | 9.73% | 26.68% |
Operating Income | 82M▲ 0% | 11.14M▼ 86.4% | 86.05M▲ 672.6% | 63.59M▼ 26.1% | 62.7M▼ 1.4% | 92.04M▲ 46.8% | 166.16M▲ 80.5% | 205.87M▲ 23.9% | 226.9M▲ 10.2% |
Operating Margin % | 34.87% | 5.12% | 29.73% | 33.79% | 40.26% | 27.83% | 24.31% | 25.4% | 66.81% |
Operating Income Growth % | -5.8% | -86.42% | 672.61% | -26.1% | -1.41% | 46.8% | 80.53% | 23.9% | 10.21% |
Pretax Income | 82M▲ 0% | 11.14M▼ 86.4% | 86.05M▲ 672.6% | 63.59M▼ 26.1% | 62.7M▼ 1.4% | 92.04M▲ 46.8% | 166.16M▲ 80.5% | 205.87M▲ 23.9% | 226.9M▲ 10.2% |
Pretax Margin % | 34.87% | 5.12% | 29.73% | 33.79% | 40.26% | 27.83% | 24.31% | 25.4% | 66.81% |
Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Net Income | 82M▲ 0% | 11.14M▼ 86.4% | 86.05M▲ 672.6% | 63.59M▼ 26.1% | 62.7M▼ 1.4% | 92.04M▲ 46.8% | 166.16M▲ 80.5% | 205.87M▲ 23.9% | 226.9M▲ 10.2% |
Net Margin % | 34.87% | 5.12% | 29.73% | 33.79% | 40.26% | 27.83% | 24.31% | 25.4% | 66.81% |
Net Income Growth % | -5.8% | -86.42% | 672.61% | -26.1% | -1.41% | 46.8% | 80.53% | 23.9% | 10.21% |
Net Income (Continuing) | 82M | 11.14M | 86.05M | 63.59M | 62.7M | 92.04M | 166.16M | 205.87M | 226.9M |
EPS (Diluted) | 2.08▲ 0% | 0.28▼ 86.5% | 2.17▲ 675.0% | 1.60▼ 26.3% | 1.62▲ 1.3% | 2.54▲ 56.8% | 4.55▲ 79.1% | 5.60▲ 23.1% | 6.11▲ 9.1% |
EPS Growth % | -6.31% | -86.54% | 675% | -26.27% | 1.25% | 56.79% | 79.13% | 23.08% | 9.11% |
EPS (Basic) | 2.09 | 0.28 | 2.17 | 1.60 | 1.62 | 2.54 | 4.55 | 5.60 | 6.11 |
Diluted Shares Outstanding | 39.33M | 39.54M | 39.58M | 39.66M | 38.8M | 36.3M | 36.48M | 36.74M | 37.14M |
Banco Latinoamericano de Comercio Exterior, S. A. (BLX) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
Cash & Short Term Investments | 672.05M | 1.75B | 1.18B | 863.81M | 1.25B | 1.24B | 2.06B | 2.06B | 1.93B |
Cash & Due from Banks | 672.05M | 1.75B | 1.18B | 863.81M | 1.25B | 1.24B | 2.05B | 1.96B | 1.92B |
Short Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 11.87M | 99.49M | 1.57M |
Total Investments | 5.53B | 5.79B | 88.79M | 5.3B | 6.53B | 7.78B | 8.29B | 1.3B | 10.64B |
Investments Growth % | -8.24% | 4.69% | -98.47% | 5863.4% | 23.37% | 19.13% | 6.54% | -84.3% | 717.73% |
Long-Term Investments | 5.53B | 5.79B | 88.79M | 5.3B | 6.53B | 7.78B | 8.28B | 1.2B | 10.64B |
Accounts Receivables | 36.25M | 54.76M | 41.76M | 28.3M | 24.71M | 71.68M | 115.53M | 122.23M | 94.3M |
Goodwill & Intangibles | 5.42M | 1.63M | 1.43M | 1.98M | 1.59M | 2.1M | 2.6M | 3.66M | 10.74M |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 5.42M | 1.63M | 1.43M | 1.98M | 1.59M | 2.1M | 2.6M | 3.66M | 10.74M |
PP&E (Net) | 8.82M | 7.04M | 18.75M | 16.43M | 18.29M | 17.71M | 18.99M | 19.68M | 19.67M |
Other Assets | 17M | 12.7M | -108.97M | 80.2M | 204.2M | 167.13M | 265.75M | 8.44B | 190.18M |
Total Current Assets | 708.3M | 1.8B | 1.22B | 895.13M | 1.28B | 1.31B | 2.18B | 2.19B | 1.93B |
Total Non-Current Assets | 5.56B | 5.81B | 108.97M | 5.39B | 6.76B | 7.97B | 8.57B | 9.67B | 10.86B |
Total Assets | 6.27B▲ 0% | 7.61B▲ 21.4% | 7.25B▼ 4.7% | 6.29B▼ 13.3% | 8.04B▲ 27.8% | 9.28B▲ 15.5% | 10.74B▲ 15.7% | 11.86B▲ 10.4% | 12.79B▲ 7.8% |
Asset Growth % | -12.72% | 21.4% | -4.72% | -13.25% | 27.81% | 15.5% | 15.72% | 10.38% | 7.82% |
Return on Assets (ROA) | 1.22% | 0.16% | 1.16% | 0.94% | 0.88% | 1.06% | 1.66% | 1.82% | 1.84% |
Accounts Payable | 25.12M | 26.37M | 18.3M | 17.46M | 14.86M | 69.82M | 97.24M | 92.92M | 8.75M |
Total Debt | 2.21B | 3.56B | 3.14B | 2B | 3.75B | 4.73B | 4.68B | 4.58B | 4.18B |
Net Debt | 1.54B | 1.81B | 1.96B | 1.13B | 2.5B | 3.49B | 2.63B | 2.62B | 2.26B |
Long-Term Debt | 1.14B | 1.5B | 1.52B | 1.59B | 1.72B | 2.22B | 2.63B | 2.7B | 4.03B |
Short-Term Debt | 1.07B | 2.06B | 1.6B | 391.6M | 2.01B | 2.49B | 2.03B | 1.87B | 130.51M |
Other Liabilities | 51.38M | 51.59M | -1.54B | 89.67M | 236.56M | 198.17M | 312.27M | 392.23M | 6.93B |
Total Current Liabilities | 4.03B | 5.07B | 1.61B | 3.56B | 5.07B | 5.78B | 6.58B | 7.4B | 130.51M |
Total Non-Current Liabilities | 1.19B | 1.55B | 3.14B | 1.69B | 1.98B | 2.44B | 2.96B | 3.12B | 10.98B |
Total Liabilities | 5.22B | 6.62B | 6.23B | 5.25B | 7.05B | 8.21B | 9.54B | 10.52B | 11.11B |
Total Equity | 1.04B▲ 0% | 993.59M▼ 4.7% | 1.02B▲ 2.3% | 1.04B▲ 2.1% | 991.79M▼ 4.4% | 1.07B▲ 7.8% | 1.2B▲ 12.6% | 1.34B▲ 11.1% | 1.68B▲ 25.5% |
Equity Growth % | 3.11% | -4.72% | 2.27% | 2.14% | -4.44% | 7.82% | 12.58% | 11.08% | 25.54% |
Equity / Assets (Capital Ratio) | 16.64% | 13.06% | 14.02% | 16.5% | 12.34% | 11.52% | 11.2% | 11.28% | 13.13% |
Return on Equity (ROE) | 7.98% | 1.09% | 8.56% | 6.19% | 6.18% | 8.93% | 14.62% | 16.2% | 15.05% |
Book Value per Share | 26.52 | 25.13 | 25.68 | 26.17 | 25.56 | 29.46 | 33.00 | 36.40 | 45.21 |
Tangible BV per Share | 26.38 | 25.09 | 25.64 | 26.12 | 25.52 | 29.40 | 32.93 | 36.30 | 44.92 |
Common Stock | 279.98M | 279.98M | 279.98M | 279.98M | 279.98M | 279.98M | 279.98M | 279.98M | 279.98M |
Additional Paid-in Capital | 119.94M | 119.99M | 120.36M | 120.41M | 120.04M | 120.5M | 122.05M | 124.97M | 125.15M |
Retained Earnings | 479.71M | 423.05M | 446.08M | 464.09M | 487.88M | 543.61M | 673.28M | 792M | 1.08B |
Accumulated OCI | 226.43M | 231.65M | 229.41M | 231.44M | 219.68M | 239.35M | 238.69M | 245.85M | 295.69M |
Treasury Stock | -63.25M | -61.08M | -59.67M | -58M | -115.8M | -114.1M | -110.17M | -105.6M | -97.6M |
Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Banco Latinoamericano de Comercio Exterior, S. A. (BLX) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 716.35M | -173.59M | -92.43M | 1.25B | -871.71M | -769.65M | 1.06B | -1.13B | 373.66M |
Operating CF Growth % | -8.64% | -124.23% | 46.75% | 1449.54% | -169.88% | 11.71% | 238% | -206.14% | 133.15% |
Net Income | 82M | 11.14M | 86.05M | 63.59M | 62.7M | 92.04M | 166.16M | 205.87M | 226.88M |
Depreciation & Amortization | 2.42M | 2.46M | 3.56M | 4.34M | 3.49M | 2.71M | 3.09M | 3.56M | 0 |
Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Non-Cash Items | 22.84M | 74.35M | -25.01M | 11.72M | 15.02M | 27.44M | 66.44M | -34.23M | 161.87M |
Working Capital Changes | 608.8M | -262.59M | -158.82M | 1.17B | -954.83M | -894.01M | 820.95M | -1.31B | -15.1M |
Cash from Investing | 10.16M | -21.52M | 31.07M | -319.9M | -446.08M | -166.66M | -12.77M | -180.02M | -995.82M |
Purchase of Investments | -18.38M | -36.58M | -18.32M | -372.05M | -628.44M | -458.98M | -447.13M | -474.74M | -700.26M |
Sale/Maturity of Investments | 34.57M | 14.44M | 50.41M | 54.46M | 183.16M | 245.36M | 436.46M | 298.65M | 491.9M |
Net Investment Activity | 16.19M | -22.13M | 32.09M | -317.6M | -445.28M | -213.62M | -10.67M | -176.09M | -208.36M |
Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Investing | -3.37M | 1.21M | 4K | -1.31M | -353K | 48.61M | -1.33M | -2.12M | -784.66M |
Cash from Financing | -1.12B | 1.28B | -485.11M | -1.24B | 1.68B | 916.25M | -253.22M | 1.14B | 644.44M |
Dividends Paid | -60.6M | -61.54M | -58.88M | -44.67M | -38.57M | -36.14M | -36.27M | -72.78M | -91.83M |
Share Repurchases | -27K | -2.44M | 0 | 0 | -60.08M | 0 | 0 | 0 | 0 |
Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 197.98M |
Net Stock Activity | -27K | -2.44M | 0 | 0 | -60.08M | 0 | 0 | 0 | 197.98M |
Debt Issuance (Net) | -1000K | 1000K | -1000K | -1000K | 1000K | 1000K | -1000K | 1000K | -1000K |
Other Financing | 4.98M | 43.38M | 764K | -29.87M | 416.83M | -127M | 9.7M | 907.31M | 1.19B |
Net Change in Cash | -388.92M▲ 0% | 1.09B▲ 379.6% | -546.47M▼ 150.3% | -313.71M▲ 42.6% | 364.99M▲ 216.3% | -20.07M▼ 105.5% | 796.13M▲ 4067.8% | -167.14M▼ 121.0% | 0▲ 100.0% |
Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -22.28M |
Cash at Beginning | 1.01B | 618.81M | 1.71B | 1.16B | 846.01M | 1.21B | 1.19B | 1.99B | 0 |
Cash at End | 618.81M | 1.71B | 1.16B | 846.01M | 1.21B | 1.19B | 1.99B | 1.82B | 0 |
Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 532.65M | 0 |
Income Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Free Cash Flow | 710.33M▲ 0% | -174.25M▼ 124.5% | -93.96M▲ 46.1% | 1.25B▲ 1425.2% | -872.52M▼ 170.1% | -772.37M▲ 11.5% | 1.06B▲ 237.2% | -1.13B▼ 206.5% | 370.86M▲ 132.8% |
FCF Growth % | -8.58% | -124.53% | 46.08% | 1425.2% | -170.08% | 11.48% | 237.24% | -206.52% | 132.85% |
Banco Latinoamericano de Comercio Exterior, S. A. (BLX) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 8.78% | 7.98% | 1.09% | 8.56% | 6.19% | 6.18% | 8.93% | 14.62% | 16.2% | 15.05% |
Return on Assets (ROA) | 1.13% | 1.22% | 0.16% | 1.16% | 0.94% | 0.88% | 1.06% | 1.66% | 1.82% | 1.84% |
Net Interest Margin | 2.16% | 1.91% | 1.44% | 1.51% | 1.47% | 1.08% | 1.59% | 2.17% | 2.19% | 2.12% |
Efficiency Ratio | 4.79% | 15.71% | 26.51% | 13.54% | 19.16% | 25.01% | 10.45% | 6.4% | 9.73% | 26.68% |
Equity / Assets | 14.08% | 16.64% | 13.06% | 14.02% | 16.5% | 12.34% | 11.52% | 11.2% | 11.28% | 13.13% |
Book Value / Share | 25.79 | 26.52 | 25.13 | 25.68 | 26.17 | 25.56 | 29.46 | 33 | 36.4 | 45.21 |
NII Growth | 6.69% | -22.8% | -8.41% | -0.21% | -15.58% | -6.13% | 70.56% | 57.54% | 11.16% | 4.62% |
Dividend Payout | 69.08% | 73.91% | 552.51% | 68.42% | 70.24% | 61.52% | 39.27% | 21.83% | 35.35% | 40.47% |
Banco Latinoamericano de Comercio Exterior, S. A. (BLX) stock FAQ — growth, dividends, profitability & financials explained
Banco Latinoamericano de Comercio Exterior, S. A. (BLX) saw revenue decline by 58.1% over the past year.
Yes, Banco Latinoamericano de Comercio Exterior, S. A. (BLX) is profitable, generating $226.9M in net income for fiscal year 2025 (66.8% net margin).
Yes, Banco Latinoamericano de Comercio Exterior, S. A. (BLX) pays a dividend with a yield of 4.11%. This makes it attractive for income-focused investors.
Banco Latinoamericano de Comercio Exterior, S. A. (BLX) has a return on equity (ROE) of 15.0%. This is reasonable for most industries.
Banco Latinoamericano de Comercio Exterior, S. A. (BLX) has a net interest margin (NIM) of 2.1%. NIM has been under pressure due to interest rate environment.
Banco Latinoamericano de Comercio Exterior, S. A. (BLX) has an efficiency ratio of 26.7%. This is excellent, indicating strong cost control.