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BLXBanco Latinoamericano de Comercio Exterior, S. A.
$60.96$2.3B
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Banco Latinoamericano de Comercio Exterior, S. A. (BLX) Quarterly Financial Ratios

Last 47 quarters of trend data · Financial Services · Banks - Regional

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Banco Latinoamericano de Comercio Exterior, S. A.'s quarterly P/E stands at 7.4x, up 17.0% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has compressed 6.5% YoY to 17.5x, reflecting multiple compression or accelerating EBITDA.

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
P/E Ratio →9.987.437.775.826.546.355.645.455.294.874.245.414.26
—+17.0%+37.7%+6.8%+23.6%+30.4%+33.0%+0.9%+24.2%+2.2%-3.9%+2.7%-66.1%
P/S Ratio6.684.692.051.721.671.721.431.311.331.271.001.241.05
—+172.3%+43.6%+30.7%+25.4%+35.1%+42.6%+6.0%+26.6%-1.2%-16.7%-29.8%-69.8%
P/B Ratio1.350.991.041.050.990.980.910.860.880.750.670.710.58
—+1.4%+13.9%+21.8%+12.6%+30.3%+36.8%+20.9%+51.9%+36.5%+47.5%+50.9%+2.6%
P/FCF6.127.566.200.431.72———1.559.203.040.430.31
————+11.3%———+406.9%+899.4%———
EV / EBITDA19.9417.5017.8313.4518.7718.7115.8614.9517.6218.7218.2222.8624.13
—-6.5%+12.4%-10.0%+6.5%-0.1%-12.9%-34.6%-27.0%-41.8%-50.5%-48.0%-70.4%
EV / EBIT19.9417.5018.1813.6719.1419.0816.1315.2017.9019.0518.5423.3224.61
—-8.3%+12.7%-10.0%+6.9%+0.1%-13.0%-34.8%-27.2%-42.1%-50.9%-48.4%-71.5%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Banco Latinoamericano de Comercio Exterior, S. A.'s operating margin was 63.1% in Q4 2025, up 36.8 pp QoQ and up 36.0 pp YoY. The trailing four-quarter average of 36.1% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 199.6% YoY, indicating pricing power or improving input costs.

Margins

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
Gross Margin93.5%93.9%36.5%39.2%36.0%31.3%35.3%32.9%34.2%22.0%33.7%32.4%35.2%
—+199.6%+3.4%+19.2%+5.2%+42.4%+4.8%+1.5%-2.9%-6.6%-19.7%-38.6%-35.6%
Operating Margin66.8%63.1%26.3%29.6%25.6%27.1%25.3%24.1%25.2%26.1%23.6%22.8%24.6%
—+132.7%+4.0%+22.7%+1.5%+3.6%+7.0%+5.8%+2.3%-3.8%-13.1%-32.3%-10.4%
Net Margin66.8%63.1%26.3%29.6%25.6%27.1%25.3%24.1%25.2%26.1%23.6%22.8%24.6%
—+132.7%+4.0%+22.7%+1.5%+3.6%+7.0%+5.8%+2.3%-3.8%-13.1%-32.3%-10.4%

Return on Capital

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
ROE15.0%3.4%3.6%4.6%3.8%3.9%4.1%4.0%4.2%3.9%4.0%3.3%3.4%
—-13.4%-12.8%+15.0%-9.0%-0.8%+3.0%+20.2%+23.0%+33.9%+53.8%+46.5%+206.5%
ROA1.8%0.4%0.4%0.5%0.4%0.4%0.5%0.5%0.5%0.4%0.5%0.4%0.4%
—+0.1%-8.0%+10.3%-10.8%-0.6%+5.0%+21.4%+20.0%+33.5%+53.6%+44.4%+195.8%
ROIC2.9%0.9%0.9%0.9%0.7%0.7%0.8%0.7%0.7%0.6%0.6%0.5%0.5%
—+23.4%+14.5%+21.4%-2.0%+12.4%+23.2%+39.5%+36.1%+51.9%+73.7%+53.5%+186.6%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Banco Latinoamericano de Comercio Exterior, S. A.'s Debt/EBITDA ratio is 74.6x, up from 41.7x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 4889.6% YoY to 14.75x, strengthening the short-term liquidity position.

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
Debt / Equity2.492.491.422.823.273.433.003.053.483.893.673.973.94
—-27.4%-52.7%-7.6%-6.2%-11.8%-18.2%-23.0%-11.6%-12.2%-16.9%-11.2%+0.9%
Debt / EBITDA18.4274.6341.7261.2284.9687.3273.0075.7382.8299.1191.59118.29114.60
—-14.5%-42.9%-19.2%+2.6%-11.9%-20.3%-36.0%-27.7%-33.6%-45.5%-38.5%-65.6%
Current Ratio14.7514.750.270.270.280.300.280.320.310.330.290.300.25
—+4889.6%-5.6%-16.0%-9.9%-10.7%-2.3%+8.1%+24.8%+45.5%+59.2%+86.7%+80.4%
Quick Ratio14.7514.750.270.270.280.300.280.320.310.330.290.300.25
—+4889.6%-5.6%-16.0%-9.9%-10.7%-2.3%+8.1%+24.8%+45.5%+59.2%+86.7%+80.4%
Interest Coverage0.460.470.440.510.420.390.400.380.390.360.380.350.41
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Includes 30+ ratios · 47 years · Updated daily

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BLX — Frequently Asked Questions

Quick answers to the most common questions about buying BLX stock.

What is Banco Latinoamericano de Comercio Exterior, S. A.'s quarterly P/E ratio trend?

Banco Latinoamericano de Comercio Exterior, S. A.'s current P/E is 10.0x. The average P/E over the last 4 quarters is 6.9x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Banco Latinoamericano de Comercio Exterior, S. A.'s margins change by quarter?

Banco Latinoamericano de Comercio Exterior, S. A.'s current operating margin is 66.8%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at BLX quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Banco Latinoamericano de Comercio Exterior, S. A.'s business trajectory between earnings reports.