Banco Latinoamericano de Comercio Exterior (NYSE:BLX) Insider Adriana Lizzeth Diaz Buys 1,792 Shares of Stock

Banco Latinoamericano de Comercio Exterior, S.A. (NYSE:BLX) insider Adriana Lizzeth Diaz purchased 1,792 shares of the stock in a transaction on Friday, October 30th. The shares were acquired at an average cost of $52.39 per share, with a total value of $93,882.88. Following the transaction, the insider directly owned 15,090 shares in the company, valued at $790,565.10. The trade was a 13.48% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website.

Banco Latinoamericano de Comercio Exterior Trading Up 3.4%

NYSE BLX traded up $1.65 on Monday, hitting $50.59. The company’s stock had a trading volume of 115,625 shares, compared to its average volume of 169,041. The firm has a market cap of $1.88 billion, a P/E ratio of 8.34 and a beta of 0.84. Banco Latinoamericano de Comercio Exterior, S.A. has a 52-week low of $42.29 and a 52-week high of $63.19. The company’s 50-day simple moving average is $54.48 and its 200 day simple moving average is $54.02. The company has a current ratio of 1.70, a quick ratio of 1.49 and a debt-to-equity ratio of 3.34.

Banco Latinoamericano de Comercio Exterior (NYSE:BLX) last announced its quarterly earnings results on Monday, October 26th. The bank reported $1.48 EPS for the quarter. Banco Latinoamericano de Comercio Exterior had a return on equity of 13.96% and a net margin of 27.91%. The company had revenue of $99.12 million during the quarter.

Banco Latinoamericano de Comercio Exterior Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 24th. Shareholders of record on Friday, November 6th will be issued a $0.6875 dividend. The ex-dividend date is Friday, November 6th. This represents a $2.75 annualized dividend and a yield of 5.4%. Banco Latinoamericano de Comercio Exterior’s dividend payout ratio (DPR) is 45.38%.

Analyst Ratings Changes

Separately, Weiss Ratings raised Banco Latinoamericano de Comercio Exterior from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Friday, October 16th. One investment analyst has rated the stock with a Strong Buy rating. Based on data from MarketBeat, the stock currently has an average rating of “Strong Buy”.

Banco Latinoamericano de Comercio Exterior Company Profile

Banco Latinoamericano de Comercio Exterior, SA, commonly known as Bladex, is a multilateral bank that supports international trade and economic integration across Latin America and the Caribbean. Headquartered in Panama, the bank provides financing and related services to financial institutions, corporations and other eligible counterparties engaged in regional and international commerce.

Bladex offers trade finance, commercial lending, structured financing, letters of credit, guarantees and treasury-related services.