Banco Latinoamericano de Comercio Exterior (BLX) to Release Quarterly Earnings on Wednesday

Banco Latinoamericano de Comercio Exterior (NYSE:BLX – Get Rating) is set to announce its earnings results before the market opens on Wednesday, May 4th. Investors that are interested in participating in the company’s conference call can do so using this link.

Banco Latinoamericano de Comercio Exterior (NYSE:BLX – Get Rating) last announced its quarterly earnings data on Tuesday, February 22nd. The bank reported $0.54 earnings per share for the quarter. The business had revenue of $29.83 million for the quarter. Banco Latinoamericano de Comercio Exterior had a net margin of 39.60% and a return on equity of 6.16%.

Shares of NYSE BLX opened at $14.54 on Wednesday. The firm’s 50 day moving average price is $15.29 and its 200-day moving average price is $16.45. The company has a market cap of $526.80 million, a PE ratio of 8.92 and a beta of 1.29. Banco Latinoamericano de Comercio Exterior has a 52-week low of $14.29 and a 52-week high of $19.33. The company has a debt-to-equity ratio of 3.35, a quick ratio of 1.56 and a current ratio of 2.18.

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 22nd. Stockholders of record on Monday, March 7th were paid a $0.25 dividend. The ex-dividend date was Friday, March 4th. This represents a $1.00 annualized dividend and a dividend yield of 6.88%. Banco Latinoamericano de Comercio Exterior’s dividend payout ratio is presently 61.35%.

Separately, StockNews.com started coverage on shares of Banco Latinoamericano de Comercio Exterior in a research note on Thursday, March 31st. They issued a “hold” rating on the stock.

Banco Latinoamericano de Comercio Exterior Company Profile (Get Rating)

Banco Latinoamericano de Comercio Exterior, SA, a multinational bank, primarily engages in the financing of foreign trade in Latin America and the Caribbean. The company operates through two segments, Commercial and Treasury. It offers short and medium-term bilateral, structured and syndicated credits, and loan commitments; financial guarantee contracts, such as issued and confirmed letters of credit, and stand-by letters of credit; and guarantees covering commercial risk and other assets, as well as co-financing arrangements, underwriting of syndicated credit facilities, structured trade financing in the form of factoring and vendor financing, and financial leasing.

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