Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) Announces Quarterly Earnings Results

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) announced its quarterly earnings results on Monday. The bank reported $1.40 earnings per share for the quarter, Zacks reports. Banco Latinoamericano de Comercio Exterior, S. A. had a net margin of 24.29% and a return on equity of 16.01%.

Banco Latinoamericano de Comercio Exterior, S. A. Stock Performance

NYSE:BLX opened at $39.46 on Tuesday. The business’s fifty day moving average price is $37.69 and its 200 day moving average price is $36.44. The firm has a market capitalization of $1.44 billion, a PE ratio of 7.21 and a beta of 0.87. Banco Latinoamericano de Comercio Exterior, S. A. has a 12 month low of $27.37 and a 12 month high of $42.88. The company has a debt-to-equity ratio of 2.73, a current ratio of 1.77 and a quick ratio of 1.77.

Banco Latinoamericano de Comercio Exterior, S. A. Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 3rd. Stockholders of record on Friday, May 16th will be paid a $0.625 dividend. This represents a $2.50 annualized dividend and a dividend yield of 6.34%. Banco Latinoamericano de Comercio Exterior, S. A.’s payout ratio is presently 44.64%.

About Banco Latinoamericano de Comercio Exterior, S. A.

Banco Latinoamericano de Comercio Exterior, S. A., a multinational bank, primarily engages in the financing of foreign trade in Latin America and the Caribbean. The company operates in two segments, Commercial and Treasury. It offers bilateral loans; structured loans including syndicated and clubbed, such as acquisition and pre-export financing, A/B loan financing, bridge loans, and liability management; and project financing.