Banco Latinoamericano de Comercio Exterior SA

Banco Latinoamericano de Comercio Exterior SA is engaged in the provision of trade financing to commercial banks, middle-market companies and corporations. It operates through the Commercial and Treasury segments. The Commercial segment incorporates all of the Bank's financial intermediation and fees generated by the commercial portfolio. The Treasury segment handles the deposits in banks and all of its trading assets, securities available-for-sale, and held-to-maturity, and the balance of the investment funds. The company was founded in 1977 and is headquartered in Panama City, Panama.

Earnings data Q1 2021

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

BLX excels in 2022 with strong financial performance and growth outlook

BLX's robust financial performance in 2022, driven by strong NII growth and fee income, positions the bank well for continued success. Despite challenges from interest rate hikes, the focus on profitability and maintaining asset quality bodes well for future growth.

BLX prioritizes profitability, achieves record net income in Q1

Bladex prioritized profitability over growth in Q1 2023, achieving strong financial performance across key metrics
The bank demonstrated resilience with a healthy loan portfolio, steady fee income growth, and prudent liquidity management
Despite challenges in the regional economic environment, BLX sees opportunities to capitalize on market dynamics and strengthen its client base

Bladex reports record earnings amidst Latin America growth concerns

Bladex delivered a strong financial performance in Q2 2023, marked by record net interest income and robust deposit growth.
While facing challenges from the projected economic slowdown in Latin America, the bank's sound capital position and revenue generation capabilities are notable strengths.
Opportunities lie in optimizing net interest margin sensitivity, leveraging fee income growth, and addressing exposures to enhance future performance.

BLX achieves record Q3 earnings, eyes sustained growth amid challenges

BLX's Q3 performance reflects robust growth across key financial metrics, underpinned by a strong focus on client deposits and fee income. While challenges like geopolitical uncertainties persist, the company's revised guidance signals confidence in sustaining profitability and returns for shareholders.

BLX reports record-breaking year, transitions to expansion phase

BLX delivered outstanding financial results in Q4 2023, with significant growth in key metrics like credit book, commercial portfolio, net interest income, fee income, and net income. The company is strategically transitioning towards expansion, focusing on diversifying product offerings and exploring new revenue streams. Despite challenges ahead, BLX's strong performance, robust funding structure, and strategic initiatives position it well for future growth and success.

Bladex reports robust Q1 earnings, poised for strategic growth

Bladex delivered a strong performance in Q1 2024, with notable increases in net income, fee income, and key financial metrics. The bank's focus on enhancing its product suite and maintaining profitability levels bodes well for future growth. While challenges exist, Bladex is well-positioned to capitalize on opportunities and achieve its strategic objectives.

BLX surpasses Q2 guidance with strong financial performance and growth

BLX delivered a stellar performance in Q2, surpassing expectations with robust financial metrics.
The company's focus on efficiency, fee income growth, and strategic initiatives bodes well for future success.
While facing competitive challenges, BLX remains well-positioned to capitalize on growth opportunities.
Strong financial performance, asset growth, and team motivation underpin BLX's positive outlook.

Bladex achieves record Q3 results, eyes revenue diversification for growth

Bladex's Q3 performance reflects strong financial health and strategic execution, driven by robust loan growth and diversified revenue streams. While facing challenges in managing expenses and meeting growth targets, the bank is well-positioned to capitalize on opportunities through strategic initiatives.

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PANAMA CITY , July 20, 2023 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX, "Bladex", or "the Bank"), a Panama-based multinational bank originally established by the central banks of 23 Latin-American and Caribbean countries to promote foreign trade and economic integration in the Region, announced today its results for the Second Quarter ("2Q23") and six months ("6M23") ended June 30, 2023.

BLADEX ANNOUNCES A 61% YOY INCREASE IN NET PROFIT TO $37.1 MILLION OR $1.02 PER SHARE FOR THE 2Q23; ANNUALIZED RETURN ON EQUITY OF 13.4% IN 2Q23

PANAMA CITY , July 20, 2023 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank"; NYSE: BLX) announces its new issuance of Cebures ("Certificados Públicos Bursátiles") in the Mexican capital markets, in the amount of MXN 4,000 million (Mexican Pesos four billion).

BLADEX ANNOUNCES NEW BOND ISSUANCE IN MEXICO

PANAMA CITY , July 5, 2023 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (Bladex), in collaboration with the community of Kosovo, located in Puerto Caimito, Panama, facilitated the reconstruction of its access bridge, using plastic waste extracted from beaches and mangroves in the area, reconverted into raw material.

Bladex's social and environmental commitment - Transforming plastic waste to rebuild a bridge in Puerto Caimito, Panama

PANAMA CITY , July 3, 2023 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE:  BLX) cordially invites you to participate in its upcoming conference call to discuss its 2Q23 results Date and time:  Friday, July 21, 2023  11:00 a.m.

BLADEX'S SECOND QUARTER 2023 CONFERENCE CALL

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PANAMA CITY , April 24, 2023 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX, "Bladex", or "the Bank"), a Panama-based multinational bank established by the central banks of 23 Latin-American and Caribbean countries to promote foreign trade and economic integration in the Region, today announced that its Board of Directors appointed Ms.

BLADEX ANNOUNCES NEW BOARD MEMBER AND CANDIDATE FOR BOARD OF DIRECTORS AT THE 2023 ANNUAL GENERAL SHAREHOLDERS MEETING

Banco Latinoamericano de Comercio Exterior, S. A. (BLX) Q1 2023 Earnings Call Transcript

PANAMA CITY, Republic of Panama , April 18, 2023 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX, "Bladex", or "the Bank"), a Panama-based multinational bank originally established by the central banks of 23 Latin-American and Caribbean countries to promote foreign trade and economic integration in the Region, announced today its results for the First Quarter ("1Q23") ended March 31, 2023.

BLADEX ANNOUNCES NET PROFIT OF $37.0 MILLION OR $1.02 PER SHARE, EXPANDING ITS ANNUALIZED RETURN ON EQUITY TO 13.7% FOR 1Q23

PANAMA CITY, Republic of Panama , April 18, 2023 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank"), announced today its Board of Directors' approval of a quarterly cash dividend of US$0.25 per share corresponding to the first quarter of 2023.

BLADEX ANNOUNCES QUARTERLY DIVIDEND PAYMENT FOR FIRST QUARTER 2023

Panama's Bladex is a unique trade-focused bank. Thanks to its structure, it's in an advantageous position for dealing with current banking industry conditions.

Bladex: A High-Yielding Bank Safe From The Current Crisis

PANAMA CITY , April 4, 2023 /PRNewswire/ -- Date and time: Wednesday, April 19 2023 11:00 a.m. Eastern Time Presenting for Bladex: Jorge Salas, Chief Executive OfficerAna Graciela de Méndez, Chief Financial Officer To participate, please dial: 888 686 3653 (U.S. Participants)+1 718 866 4614 (From outside the U.S.)Passcode: 877068  This event will be webcast live at www.bladex.com/en/investors Bladex's First Quarter 2023 Earnings Release will be announced on Tuesday, April 18 2023 after the market closes.

Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX) cordially invites you to participate in its upcoming conference call to discuss its 1Q23 results

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX ) Q4 2022 Results Conference Call February 28, 2023 11:00 AM ET Company Participants Carlos Raad - IR Jorge Salas - CEO Ana Mendez - CFO Sam Canineu - Chief Commercial Officer Operator Good morning everyone and thanks for joining our Fourth Quarter 2022 Earnings Call.

Banco Latinoamericano de Comercio Exterior, S. A. (BLX) Q4 2022 Earnings Call Transcript

PANAMA CITY , Feb. 27, 2023 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank"), announced today its Board of Directors' approval of a quarterly cash dividend of US$0.25 per share corresponding to the fourth quarter of 2022.

BLADEX ANNOUNCES QUARTERLY DIVIDEND PAYMENT FOR FOURTH QUARTER 2022

PANAMA CITY , Feb. 27, 2023 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX, "Bladex", or "the Bank"), a Panama-based multinational bank originally established by the central banks of 23 Latin-American and Caribbean countries to promote foreign trade and economic integration in the Region, today announced its results for the Fourth Quarter ("4Q22") and Full-Year  ("FY22") ended December 31, 2022.

BLADEX ANNOUNCES NET PROFIT OF $31.0 MILLION FOR 4Q22, EXPANDING QUARTERLY ANNUALIZED ROE TO 11.6%, REACHING NET PROFIT OF $92 MILLION AND ROE OF 8.9% FOR FULL-YEAR 2022

PANAMA CITY , Feb. 6, 2023 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE:  BLX) cordially invites you to participate in its upcoming conference call to discuss its 4Q22 results Date and time: Tuesday, February 28, 2023 11:00 a.m.

BLADEX'S FOURTH QUARTER 2022 CONFERENCE CALL

PANAMA CITY , Dec. 27, 2022 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank"; NYSE: BLX) announced today the successful closing of a US$89 million 3-year Senior Unsecured Amortizing Facility (the "Facility") for Banco Guayaquil S.A.

Bladex successfully leads the first syndication for Banco Guayaquil S.A. for US$89,000,000 3-year Senior Unsecured Amortizing Facility

PANAMA CITY , Nov. 21, 2022 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior (Bladex) has entered into a strategic alliance with Dubai-headquartered Fintech Innovations International DMCC, owner of the TradeAssets e-Marketplace for financial institutions. Partnering with TradeAssets will enable Bladex to further promote interbank relations, providing customers with greater access to trade-related financing solutions.

Bladex enters into a strategic alliance with TradeAssets, spurring digitalization and access to Trade Finance

Boralex, Inc. (OTCPK:BRLXF) Q3 2022 Earnings Conference Call November 9, 2022 11:00 AM ET Company Participants Stephane Milot - Senior Director, Investors Relations Patrick Decostre - President, CEO & Director Bruno Guilmette - CFO & EVP Conference Call Participants Nelson Ng - RBC Capital Markets David Quezada - Raymond James Nicholas Boychuk - Cormark Securities Naji Baydoun - iA Capital Markets Mark Jarvi - CIBC Benjamin Pham - BMO Capital Markets Sean Steuart - TD Securities Rupert Merer - National Bank Financial Operator Good morning, ladies and gentlemen, and welcome to the Boralex Third Quarter of 2022 Financial Results Conference Call. [Operator Instructions].

Boralex, Inc. (BRLXF) Q3 2022 Earnings Call Transcript

PANAMA CITY , Nov. 10, 2022 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior (Bladex) has entered into a strategic alliance with Fintech company Komgo, becoming the first bank in Latin America to join this platform in which international banks and large corporations participate. Many of these platform participants are long established clients, counterparties, or prospects of Bladex.

Bladex enters into a strategic alliance with Komgo, driving innovation in trade finance solutions

BLX is a Panamanian multinational bank owned by Latam Central Banks and focused on short-term trade related loans and operations. The company has conservative policies and a short-term, dollar-denominated loan book.

Bladex Could Return 20% On Its Current Share Price

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX ) Q3 2022 Earnings Conference Call November 2, 2022 11:00 AM ET Company Participants Carlos Raad - IR Jorge Salas - CEO Ana Mendez - CFO Sam Canineu - Chief Commercial Officer Conference Call Participants Jim Marrone - Singular Research Operator Good morning, and welcome to Bladex's Third Quarter 2022 Earnings Call.

Banco Latinoamericano de Comercio Exterior, S. A. (BLX) Q3 2022 Earnings Call Transcript

PANAMA CITY, Republic of Panama , Nov. 1, 2022 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank"), announced today its Board of Directors' approval of a quarterly cash dividend of US$0.25 per share corresponding to the third quarter of 2022.

BLADEX ANNOUNCES QUARTERLY DIVIDEND PAYMENT FOR THIRD QUARTER 2022

PANAMA CITY, Republic of Panama , Nov. 1, 2022 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX, "Bladex", or "the Bank"), a Panama-based multinational bank originally established by the central banks of 23 Latin-American and Caribbean countries to promote foreign trade and economic integration in the Region, today announced its results for the Third Quarter ("3Q22") and nine months ("9M22") ended September 30, 2022.

BLADEX ANNOUNCES 3Q22 PROFIT UP 17% QoQ TO $26.9 MILLION AND ROE OF 10.3%, UP 120 BPS QoQ

PANAMA CITY , Nov. 1, 2022 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank"; NYSE: BLX) announced today the successful closing of a US$130 million 7-year Senior Secured Amortizing Facility (the "Facility") for Favorita Fruit Co. Ltd.

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