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Bladex, Inc. logo

Bladex, Inc.

BLX

NYSEFinancial ServicesBanks - Regional

Open in GoAI

Previous close

$53.43

+$0.17 · +0.32%

Aug 21, 4:00 PM ET

Pre-market

$54.92

+$1.49 · +2.79%

Aug 24, 5:58 AM ET

BLX company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

77

Undervalued

Momentum

56

Neutral

Sentiment

61

Bullish

Risk resilience

76

Moderate Risk

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AI-generated, informational only, and not investment advice.

Company profile

Company website

Bladex, Inc. (formerly 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. It also offers products and services, such as origination of bilateral short- and medium-term loans, structured and syndicated credits, and loan commitments; financial guarantee contracts, including issued and confirmed letters of credit, stand-by letters of credit, guarantees covering commercial risk, and other assets of customers’ liabilities under acceptances; and co-financing arrangements, underwriting of syndicated credit facilities, structured trade financing in the form of factoring and vendor financing, and financial leasing.

Industry
Banks - Regional
Sector
Financial Services
Headquarters
PA
CEO
Jorge L. Salas
Listed since
Sep 24, 1992
Employees
175

Market position

Day range

Current $53.43

52-week range

Current $53.43

Open
$53.33
Previous close
$53.26
Volume
259.64K
1.46× average
Average volume
177.93K
Average daily volume
Market cap
1.54B USD
Beta
0.79
Market reference 1
50-day average
$58.4774
-8.63% below average
200-day average
$51.6263
+3.49% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
3.91B USD
P/E (TTM)
8.82×
P/B (TTM)
1.14×
P/S (TTM)
2.54×
EV / EBITDA
17.24×
Earnings yield
13.70%
Free cash flow yield
22.39%
Dividend yield
5.03%

Profitability & efficiency

Gross margin
54.20%
Operating margin
38.61%
Net margin
38.61%
Return on equity
13.52%
Return on assets
1.77%
Return on invested capital
1.77%

Financial health

Debt / equity
2.53×
Current ratio
14.75×
Altman Z-score
0.39
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends100%73%45%17%Gross margin, FY2021: 65.26%Gross margin, FY2022: 38.28%Gross margin, FY2023: 30.71%Gross margin, FY2024: 35.13%Gross margin, FY2025: 93.49%Operating margin, FY2021: 40.26%Operating margin, FY2022: 27.83%Operating margin, FY2023: 24.31%Operating margin, FY2024: 25.40%Operating margin, FY2025: 66.81%Net margin, FY2021: 40.26%Net margin, FY2022: 27.83%Net margin, FY2023: 24.31%Net margin, FY2024: 25.40%Net margin, FY2025: 66.81%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 65.26%. Gross margin FY2022 38.28%. Gross margin FY2023 30.71%. Gross margin FY2024 35.13%. Gross margin FY2025 93.49%. Operating margin FY2021 40.26%. Operating margin FY2022 27.83%. Operating margin FY2023 24.31%. Operating margin FY2024 25.40%. Operating margin FY2025 66.81%. Net margin FY2021 40.26%. Net margin FY2022 27.83%. Net margin FY2023 24.31%. Net margin FY2024 25.40%. Net margin FY2025 66.81%.

Income trends

Revenue

339.6M USD-58.11%

Operating income

226.9M USD+10.21%

Net income

226.9M USD+10.21%
Income trends across reported periods885.39M USD586.23M USD287.07M USD−12.09M USDRevenue, FY2021: 155.74M USDRevenue, FY2022: 330.75M USDRevenue, FY2023: 683.41M USDRevenue, FY2024: 810.6M USDRevenue, FY2025: 339.6M USDOperating income, FY2021: 62.7M USDOperating income, FY2022: 92.04M USDOperating income, FY2023: 166.16M USDOperating income, FY2024: 205.87M USDOperating income, FY2025: 226.9M USDNet income, FY2021: 62.7M USDNet income, FY2022: 92.04M USDNet income, FY2023: 166.16M USDNet income, FY2024: 205.87M USDNet income, FY2025: 226.9M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 155.74M USD. Revenue FY2022 330.75M USD. Revenue FY2023 683.41M USD. Revenue FY2024 810.6M USD. Revenue FY2025 339.6M USD. Operating income FY2021 62.7M USD. Operating income FY2022 92.04M USD. Operating income FY2023 166.16M USD. Operating income FY2024 205.87M USD. Operating income FY2025 226.9M USD. Net income FY2021 62.7M USD. Net income FY2022 92.04M USD. Net income FY2023 166.16M USD. Net income FY2024 205.87M USD. Net income FY2025 226.9M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue339.6M USD810.6M USD683.41M USD330.75M USD155.74M USD
Cost of goods sold22.1M USD525.82M USD473.54M USD204.13M USD54.1M USD
Gross profit317.5M USD284.78M USD209.87M USD126.62M USD101.64M USD
Selling, general, and administrative55.42M USD67.75M USD60.76M USD45.42M USD30.19M USD
Operating expenses90.6M USD78.91M USD43.71M USD34.58M USD38.95M USD
Interest income768.46M USD785.03M USD679.26M USD332.62M USD140.88M USD
Interest expense497.28M USD525.82M USD446.08M USD184.61M USD54.1M USD
Depreciation and amortization—3.56M USD3.09M USD2.72M USD3.49M USD
Operating income226.9M USD205.87M USD166.16M USD92.04M USD62.7M USD
Net income226.9M USD205.87M USD166.16M USD92.04M USD62.7M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
100%
5 beats, 0 misses, 0 met estimates
Average EPS surprise
+21.68%
5 comparable reports
Latest EPS result
1.77

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.841.561.281Q4 '24BeatQ1 '25BeatQ2 '25No estimateQ3 '25No estimateQ4 '25No estimateQ1 '26No estimateQ2 '26No estimateQ3 '26No estimate
Q4 2024, reported Oct 29, 2024: actual 1.44, estimate 1.12, surprise +28.57%, Beat. Q1 2025, reported Feb 27, 2025: actual 1.4, estimate 1.07, surprise +30.84%, Beat. Q2 2025, reported May 5, 2025: actual 1.4, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 4, 2025: actual 1.73, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Oct 28, 2025: actual 1.48, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 12, 2026: actual 1.5, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Apr 27, 2026: actual 1.31, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Jul 27, 2026: actual 1.77, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates236.68M140.26M43.83M-52.59MQ4 '24BeatQ1 '25BeatQ2 '25No estimateQ3 '25No estimateQ4 '25No estimateQ1 '26BeatQ2 '26BeatQ3 '26Beat
Q4 2024, reported Oct 29, 2024: actual 77.58M USD, estimate 57.08M USD, surprise +35.92%, Beat. Q1 2025, reported Feb 27, 2025: actual 59.57M USD, estimate 54.84M USD, surprise +8.62%, Beat. Q2 2025, reported May 5, 2025: actual 202.11M USD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 4, 2025: actual 216.73M USD, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Oct 28, 2025: actual 209.03M USD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 12, 2026: actual 88.8M USD, estimate -31.37M USD, surprise +383.05%, Beat. Q2 2026, reported Apr 27, 2026: actual 83.1M USD, estimate -32.64M USD, surprise +354.58%, Beat. Q3 2026, reported Jul 27, 2026: actual 98.9M USD, estimate 89M USD, surprise +11.12%, Beat.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

3 ratings

Limited analyst sample: 3 ratings. Interpret the distribution with caution.

Strong buy00%
Buy267%
Hold00%
Sell133%
Strong sell00%

Recent analyst actions

1 institution
ScotiabankmaintainSector Outperform

BLX news

defenseworld.net

Boralex (TSE:BLX) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Boralex Inc. (TSE: BLX - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of C$33.49 and traded as high as C$37.13.…

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defenseworld.net

Banco Latinoamericano de Comercio Exterior (NYSE:BLX) Stock Price Crosses Above 200 Day Moving Average – Here’s Why

Shares of Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX - Get Free Report) passed above its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $53.85…

Read source
defenseworld.net

Contrasting Banco Latinoamericano de Comercio Exterior (NYSE:BLX) & Bank of Nova Scotia (NYSE:BNS)

Banco Latinoamericano de Comercio Exterior (NYSE: BLX - Get Free Report) and Bank of Nova Scotia (NYSE: BNS - Get Free Report) are both finance companies, but which is the superior investment? We will compare the two…

Read source
seekingalpha.com

Bladex Inc. (BLX) Q2 2026 Earnings Call Transcript

Bladex Inc. (BLX) Q2 2026 Earnings Call Transcript

Read source
marketbeat.com

Banco Latinoamericano de Comercio Exterior Q2 Earnings Call Highlights

Banco Latinoamericano de Comercio Exterior NYSE: BLX, known as Bladex, reported record second-quarter 2026 net income of $66.5 million, up 18% from the prior quarter, as commercial portfolio growth and higher fee income…

Read source
prnewswire.com

Bladex announces Net Profit of $66.5 Million for the Second Quarter 2026

/PRNewswire/ -- Bladex, Inc. (NYSE: BLX, or "the Bank"), a Panama-based multinational bank originally established by the central banks of 23 Latin-American and

Read source

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$2.50

2025 complete year+150.0% since 2021

2026 partial: $2.0625

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Aug 7, 2026

$0.6875

Quarterly

Record Aug 7, 2026 · Payment Aug 25, 2026

Dividend

Ex-dividend May 8, 2026

$0.6875

Quarterly

Record May 8, 2026 · Payment May 27, 2026

Dividend

Ex-dividend Feb 25, 2026

$0.6875

Quarterly

Record Feb 25, 2026 · Payment Mar 12, 2026

Dividend

Ex-dividend Nov 10, 2025

$0.625

Quarterly

Record Nov 10, 2025 · Payment Nov 25, 2025

Dividend

Ex-dividend Aug 15, 2025

$0.625

Quarterly

Record Aug 15, 2025 · Payment Sep 3, 2025

Dividend

Ex-dividend May 16, 2025

$0.625

Quarterly

Record May 16, 2025 · Payment Jun 3, 2025

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ETFs holding BLX

Funds reporting this stock among their holdings, ordered by reported position size.

iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
42.37M
Weight
0.05%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$299.96+0.77%
iShares Russell 2000 Value ETF logoiShares Russell 2000 Value ETFIWN
Market value
13.63M
Weight
0.09%
AUM
14.66B USD
Expense ratio
0.24%
Price / 1D
$224.81+0.45%
Vanguard Russell 2000 ETF logoVanguard Russell 2000 ETFVTWO
Market value
9.76M
Weight
0.05%
AUM
17.4B USD
Expense ratio
0.06%
Price / 1D
$121.25+0.74%
EA Bridgeway Omni Small-Cap Value ETF logoEA Bridgeway Omni Small-Cap Value ETFBSVO
Market value
9.02M
Weight
0.37%
AUM
1.71B USD
Expense ratio
0.47%
Price / 1D
$29.62+0.85%
iShares U.S. Small-Cap Equity Factor ETF logoiShares U.S. Small-Cap Equity Factor ETFSMLF
Market value
6.97M
Weight
0.16%
AUM
4.3B USD
Expense ratio
0.15%
Price / 1D
$89.29+0.80%
Fidelity Enhanced Small Cap ETF logoFidelity Enhanced Small Cap ETFFESM
Market value
3.83M
Weight
0.06%
AUM
6.03B USD
Expense ratio
0.28%
Price / 1D
$47.94+0.80%
Principal U.S. Small-Cap Multi-Factor ETF logoPrincipal U.S. Small-Cap Multi-Factor ETFPSC
Market value
3.03M
Weight
0.12%
AUM
1.3B USD
Expense ratio
0.38%
Price / 1D
$69.7689+0.94%
iShares Russell 2000 Growth ETF logoiShares Russell 2000 Growth ETFIWO
Market value
1.86M
Weight
0.01%
AUM
15.16B USD
Expense ratio
0.24%
Price / 1D
$387.37+1.24%

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