YOLFTbeta
Bladex Inc.

Bladex Inc.

BLX · NYSE · Financial Services / Banks - Regional

50.55USD+0.16 (+0.32%)

Price History

Full chart

Market Stats

Previous Close50.39
Open50.46
Day Range50.23 – 50.77
52-Week Range36.43 – 62.45
Volume92.70K
Market Cap2.04B
P/E (TTM)9.03
Forward P/E8.38
EPS6.06
Dividend Yield5.03%
Beta0.78
50-Day Avg56.22
200-Day Avg52.81

About

Bladex Inc., a multinational bank, engages in financing of foreign trade and economic integration in Latin America and the Caribbean. It operates through Commercial and Treasury segments. 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. In addition, the company is involved in investment management activities comprising securities at fair value through other comprehensive income and amortized cost. It serves financial institutions, corporations, sovereigns, and state-owned entities. The company was formerly known as Banco Latinoamericano de Comercio Exterior, S. A. and changed its name to Bladex Inc. in June 2026. Bladex Inc. was founded in 1975 and is headquartered in Panama City, the Republic of Panama.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. Jorge L. Salas
  • Employees0
  • HeadquartersTorre V, Business Park, Panama City, Panama, USA
  • Websitehttps://bladex.com

Leadership

  • Mr. Jorge L. SalasChief Executive Officer · b. 1970
  • Ms. Annette van Hoorde de SolisExecutive VP & CFO · b. 1972
  • Ms. Geraldine Francis Abreu CumarinExecutive VP of Technology & Operations and CTO · b. 1966
  • Mr. Carlos Daniel Raad BaeneExecutive Vice President of Investor Relations, Chief Investor Relations Officer & Head of ESG · b. 1980
  • Ms. Tatiana CalzadaExecutive VP & Chief Compliance Officer · b. 1970
  • Mr. Jorge Luis RealExecutive Vice President of Legal & Corporate Secretary · b. 1973
  • Ms. Jessica JansonVice President of Corporate Communications & Social Investment · b. 1974
  • Mr. Alejandro TizzoniExecutive Vice President of Comprehensive Risk Management & Chief Risk Officer · b. 1976
  • Mr. Eduardo Vivone CPAExecutive Vice President of Treasury & Capital Markets · b. 1965
  • Ms. Monica CosulichSenior VP of Finance & Investor Relations

Financials

Income Statement

Currency: USD1992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue120.90M-209.60M335.00M357.30M414.27M394.60M395.62M428.55M406.19M177.19M128.88M85.81M119.62M243.19M315.50M262.48M189.69M121.74M193.53M219.26M215.76M238.14M243.40M223.55M235.14M217.57M289.40M188.18M155.74M330.75M683.41M810.60M339.60M
Growth (%)---+59.83%+6.66%+15.94%-4.75%+0.26%+8.33%-5.22%-56.38%-27.26%-33.42%+39.41%+103.30%+29.73%-16.80%-27.73%-35.82%+58.97%+13.30%-1.60%+10.37%+2.21%-8.16%+5.18%-7.47%+33.01%-34.98%-17.24%+112.37%+106.63%+18.61%-58.11%
Cost of Revenue85.70M-154.10M250.30M260.40M313.10M307.50M270.94M297.92M336.83M371.73M-25.10M-77.27M17.41M156.36M206.29M147.86M95.50M40.14M59.11M75.07M80.99M82.16M87.63M125.80M116.19M148.75M164.17M88.52M54.10M204.13M473.54M525.82M22.10M
Gross Profit35.20M-55.50M84.70M96.90M101.17M87.10M124.68M130.64M69.36M-194.54M153.98M163.08M102.21M86.83M109.20M114.62M94.18M81.60M134.42M144.19M134.77M155.98M155.77M97.75M118.95M68.83M125.23M99.66M101.64M126.61M209.87M284.78M317.50M
Gross Margin29.11%-26.48%25.28%27.12%24.42%22.07%31.52%30.48%17.08%-109.79%119.48%190.05%85.44%35.71%34.61%43.67%49.65%67.03%69.46%65.76%62.46%65.50%64.00%43.73%50.59%31.63%43.27%52.96%65.26%38.28%30.71%35.13%93.49%
Operating Expense-69.10M--133.50M13.20M-223.90M-277.43M-265.50M23.59M33.52M65.57M72.00M-1.92M21.43M34.90M34.62M36.52M59.19M38.99M41.98M50.14M50.19M54.20M53.61M51.78M10.70M36.95M57.69M39.18M36.06M38.95M34.58M43.71M78.91M90.60M
Operating Income104.30M28.20M189.00M71.50M320.80M378.60M352.60M101.09M97.12M3.79M-266.54M155.90M141.65M67.31M52.21M72.68M55.44M55.19M39.62M84.28M94.01M80.57M102.37M103.98M87.05M82.00M11.14M86.05M63.59M62.70M92.04M166.16M205.87M226.90M
Operating Margin86.27%-90.17%21.34%89.78%91.39%89.36%25.55%22.66%0.93%-150.42%120.97%165.07%56.27%21.47%23.04%21.12%29.09%32.54%43.55%42.87%37.34%42.99%42.72%38.94%34.87%5.12%29.73%33.79%40.26%27.83%24.31%25.40%66.81%
EBITDA300.00K28.20M500.00K72.10M800.00K800.00K1.00M102.18M98.26M4.98M-265.11M1.25M2.47M3.21M6.15M2.56M3.72M2.67M42.09M86.42M96.28M83.32M104.85M105.95M89.13M84.42M13.60M89.61M67.93M66.19M94.75M169.25M209.44M226.90M
EBITDA Margin0.25%-0.24%21.52%0.22%0.19%0.25%25.83%22.93%1.23%-149.61%0.97%2.88%2.69%2.53%0.81%1.42%1.41%34.57%44.65%43.91%38.62%44.03%43.53%39.87%35.90%6.25%30.96%36.10%42.50%28.65%24.77%25.84%66.81%
Net Income27.60M28.20M45.10M71.40M81.60M81.10M71.80M101.06M97.06M2.49M-268.84M111.50M141.73M80.10M57.90M72.18M55.12M54.86M42.24M83.18M93.03M84.75M102.37M103.98M87.05M82.00M11.14M86.05M63.59M62.70M92.04M166.16M205.87M226.90M
Net Income Margin22.83%-21.52%21.31%22.84%19.58%18.20%25.54%22.65%0.61%-151.72%86.51%165.17%66.96%23.81%22.88%21.00%28.92%34.70%42.98%42.43%39.28%42.99%42.72%38.94%34.87%5.12%29.73%33.79%40.26%27.83%24.31%25.40%66.81%
Interest Expense76.70M28.20M143.90M236.00M239.20M297.50M280.80M256.24M289.92M259.68M99.14M44.41M34.13M71.57M144.51M194.30M166.40M77.21M44.98M54.72M87.46M82.21M71.56M74.83M90.69M106.26M148.75M164.17M88.52M54.10M184.61M446.08M525.82M497.28M
Interest Expense % of Total Revenue63.44%-68.65%70.45%66.95%71.81%71.16%64.77%67.65%63.93%55.95%34.46%39.77%59.83%59.42%61.59%63.39%40.70%36.94%28.27%39.89%38.10%30.05%30.74%40.57%45.19%68.37%56.73%47.04%34.74%55.82%65.27%64.87%146.43%

Balance Sheet

Currency: USD1992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets2.35B-4.02B4.55B5.31B5.75B5.59B5.17B5.66B5.93B2.93B2.56B2.73B3.16B3.98B4.79B4.36B3.88B5.10B6.36B6.76B7.42B8.02B8.29B7.18B6.27B7.61B7.25B6.29B8.04B9.28B10.74B11.86B12.79B
Total Liabilities2.12B-3.64B4.10B4.79B5.17B4.96B4.47B4.95B5.31B2.59B1.98B2.07B2.54B3.39B4.18B3.78B3.20B4.38B5.59B5.93B6.56B7.11B7.31B6.17B5.22B6.62B6.23B5.25B7.05B8.21B9.54B10.52B11.11B
Total Equity232.90M-386.60M446.80M516.30M575.50M623.70M697.32M715.02M613.65M341.40M584.33M663.99M621.93M583.89M612.25M574.32M675.64M697.05M759.00M826.48M859.00M911.04M971.93M1.01B1.04B993.59M1.02B1.04B991.79M1.07B1.20B1.34B1.68B
Cash183.70M-282.50M299.60M304.40M308.70M336.30M387.57M313.56M558.67M479.26M254.81M154.79M229.89M332.17M477.58M900.59M424.56M436.71M843.00M707.03M839.72M780.51M1.30B1.07B672.05M1.75B1.18B863.81M1.25B1.24B2.05B1.96B1.92B
Total Debt903.90M-2.11B2.53B3.09B3.39B3.15B2.73B3.09B3.61B1.93B1.17B1.11B1.29B1.72B2.23B2.42B1.72B2.44B2.81B3.51B4.14B4.39B4.43B3.25B2.21B3.56B3.14B2.37B4.90B4.73B4.68B4.58B4.18B
Net Debt720.20M-1.82B2.23B2.78B3.08B2.82B2.35B2.78B3.05B1.45B917.92M953.55M1.06B1.38B1.75B1.52B1.29B2.00B1.97B2.81B3.30B3.61B3.13B2.18B1.54B1.81B1.96B1.12B2.07B3.49B2.63B2.62B2.26B

Cash Flow

Currency: USD1992-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow40.40M42.00M87.40M95.00M119.80M104.60M90.88M94.37M105.88M113.04M32.36M25.83M27.49M-30.41M146.75M50.54M17.47M69.04M180.19M97.09M54.55M170.45M419.43M784.08M716.35M-173.59M-92.43M1.25B-871.71M-769.65M1.06B-1.13B373.66M
Investing Cash Flow-573.10M-836.80M-511.50M-768.20M-434.60M170.70M494.82M-446.79M155.17M2.24B214.11M-293.87M-204.51M-670.10M-764.28M795.52M104.76M-1.23B-1.01B-503.83M-601.61M-604.93M130.13M148.18M10.16M-21.52M31.07M-319.90M-446.08M-166.66M-12.77M-180.02M-995.82M
Financing Cash Flow507.70M850.60M441.10M678.00M330.60M-237.90M-535.97M406.13M242.29M-2.70B-473.12M33.99M251.33M774.33M737.10M-416.50M-545.85M1.18B1.20B309.82M685.15M345.10M-23.57M-1.19B-1.12B1.28B-485.11M-1.24B1.68B916.25M-253.22M1.14B644.44M
Capital Expenditure500.00K1.10M900.00K1.40M600.00K1.10M1.19M736.28K2.17M1.04M543.94K688.00K614.00K9.29M1.59M1.51M2.45M1.29M2.31M10.82M476.00K150.00K615.00K7.08M6.02M661.00K1.52M2.31M806.00K2.72M2.10M1.81M2.80M
Free Cash Flow39.90M40.90M86.50M93.60M119.20M103.50M89.68M93.63M103.71M112.00M31.82M25.14M26.87M-39.70M145.16M49.02M15.02M67.75M177.88M86.27M54.08M170.30M418.81M776.99M710.33M-174.25M-93.96M1.25B-872.52M-772.37M1.06B-1.13B370.86M
Dividends Paid6.70M9.20M12.40M19.70M22.60M22.60M22.45M57.31M39.16M1.10M852.99K52.87M100.83M63.36M29.71M30.86M34.59M22.72M29.50M39.71M46.02M54.26M59.94M60.13M60.60M61.54M58.88M44.67M38.57M36.14M36.27M72.78M91.83M
FCF to OCF98.76%97.38%98.97%98.53%99.50%98.95%98.69%99.22%97.95%99.08%98.32%97.34%97.77%130.54%98.91%97.00%85.98%98.13%98.72%88.85%99.13%99.91%99.85%99.10%99.16%100.38%101.65%99.81%100.09%100.35%99.80%100.16%99.25%
Dividend Paid to FCF16.79%22.49%14.34%21.05%18.96%21.84%25.04%61.21%37.76%0.98%2.68%210.31%375.20%-159.59%20.47%62.95%230.30%33.54%16.59%46.03%85.11%31.86%14.31%7.74%8.53%-35.32%-62.67%3.59%-4.42%-4.68%3.42%-6.45%24.76%

Earnings

Report DateApr 20, 1994Jul 20, 1994Oct 28, 1994Jan 24, 1995Apr 11, 1995Jul 18, 1995Oct 17, 1995Jan 16, 1996Apr 16, 1996Jul 16, 1996Oct 10, 1996Jan 15, 1997Apr 15, 1997Jul 15, 1997Oct 15, 1997Jan 14, 1998Apr 21, 1998Aug 19, 1998Oct 14, 1998Jan 26, 1999Apr 13, 1999Jul 20, 1999Oct 13, 1999Jan 25, 2000Apr 18, 2000Jul 19, 2000Oct 31, 2000Feb 8, 2001Apr 30, 2001Jul 18, 2001Oct 17, 2001Feb 8, 2002Apr 18, 2002Jul 31, 2002Oct 15, 2002Jan 22, 2003Apr 29, 2003Aug 7, 2003Oct 29, 2003Feb 17, 2004May 4, 2004Aug 17, 2004Nov 18, 2004Feb 15, 2005May 5, 2005Jul 31, 2005Nov 14, 2005Feb 15, 2006May 10, 2006Aug 15, 2006Nov 13, 2006Feb 15, 2007Apr 24, 2007Jul 19, 2007Oct 22, 2007Feb 19, 2008Apr 16, 2008Jul 28, 2008Oct 8, 2008Feb 13, 2009Apr 22, 2009Jul 22, 2009Oct 29, 2009Feb 17, 2010Apr 20, 2010Jul 21, 2010Oct 12, 2010Feb 16, 2011Apr 27, 2011Jul 21, 2011Oct 20, 2011Feb 23, 2012Apr 18, 2012Jul 18, 2012Oct 16, 2012Feb 7, 2013Apr 17, 2013Jul 18, 2013Oct 16, 2013Feb 13, 2014Apr 22, 2014Jul 23, 2014Oct 15, 2014Feb 11, 2015Apr 16, 2015Jul 15, 2015Oct 14, 2015Feb 18, 2016Apr 14, 2016Jul 26, 2016Oct 19, 2016Feb 17, 2017Apr 21, 2017Jul 21, 2017Oct 20, 2017Feb 9, 2018Apr 20, 2018Jul 20, 2018Oct 25, 2018Feb 28, 2019Apr 17, 2019Jul 19, 2019Oct 18, 2019Feb 14, 2020Apr 15, 2020Jul 28, 2020Oct 27, 2020Feb 12, 2021May 5, 2021Jul 28, 2021Oct 29, 2021Feb 22, 2022May 4, 2022Aug 3, 2022Nov 2, 2022Feb 28, 2023Apr 19, 2023Jul 20, 2023Oct 19, 2023Feb 22, 2024Apr 18, 2024Jul 24, 2024Oct 31, 2024Feb 28, 2025May 6, 2025Jul 21, 2025Nov 4, 2025Feb 25, 2026Apr 28, 2026Jul 27, 2026Oct 27, 2026
EPS Estimate0.590.570.620.730.660.700.920.930.950.971.001.031.041.031.020.901.040.930.470.961.071.141.191.251.261.171.151.161.211.341.441.260.640.71-0.780.97--1.040.520.640.731.381.060.310.310.330.360.280.350.430.340.450.390.42-0.570.560.430.320.280.360.350.400.280.370.430.400.400.440.500.550.560.570.550.570.600.640.690.650.650.670.730.710.710.730.840.580.690.850.690.680.630.560.550.580.570.540.430.510.550.570.560.520.440.370.440.400.340.410.440.430.490.690.650.840.911.231.201.141.131.121.07--0.000.00---
EPS Actual0.550.570.700.710.620.870.980.820.940.951.031.041.041.011.041.081.040.940.411.061.181.231.281.241.291.151.231.161.421.781.05-4.430.01-17.320.900.850.583.660.450.410.760.620.861.391.030.210.520.430.440.240.310.570.410.740.410.430.530.720.380.230.460.290.430.330.280.050.410.420.440.700.440.660.860.610.340.640.430.570.590.710.610.530.670.790.740.580.750.650.720.560.720.340.600.440.520.520.370.42-1.030.520.540.560.520.560.460.460.390.400.320.360.420.540.310.630.740.851.021.021.251.271.401.361.441.401.401.731.481.501.311.77-
Surprise-6.78%0.00%12.90%-2.74%-6.06%24.29%6.52%-11.83%-1.05%-2.06%3.00%0.97%0.00%-1.94%1.96%20.00%0.00%1.08%-12.77%10.42%10.28%7.89%7.56%-0.80%2.38%-1.71%6.96%0.00%17.36%32.84%-27.08%-451.59%-98.44%-2539.44%-8.97%-40.21%---60.58%46.15%-3.13%17.81%0.72%-2.83%-32.26%67.74%30.30%22.22%-14.29%-11.43%32.56%20.59%64.44%5.13%2.38%-26.32%-32.14%-46.51%43.75%3.57%19.44%-5.71%-30.00%-82.14%10.81%-2.33%10.00%75.00%0.00%32.00%56.36%8.93%-40.35%16.36%-24.56%-5.00%-7.81%2.90%-6.15%-18.46%0.00%8.22%4.23%-18.31%2.74%-22.62%24.14%-18.84%-15.29%-50.72%-11.76%-30.16%-7.14%-5.45%-36.21%-26.32%-290.74%20.93%5.88%1.82%-8.77%0.00%-11.54%4.55%5.41%-9.09%-20.00%5.88%2.44%22.73%-27.91%28.57%7.25%30.77%21.43%12.09%1.63%5.83%22.84%20.61%28.62%30.84%-------
Timing----Pre-marketPre-marketPre-marketPre-marketPre-market---------------Pre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-market-Pre-market-After-hoursAfter-hours--Pre-market-Pre-market-Pre-marketPre-market-Pre-marketPre-marketPre-market-Pre-market-Pre-marketPre-marketPre-marketPre-market--Pre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketAfter-hoursPre-market-Pre-marketPre-market-Pre-marketPre-marketAfter-hours-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours--After-hoursAfter-hours--After-hours-

Key Statistics & Ratios

Market Cap2.04B
Enterprise Value3.83B
Trailing P/E9.03
Forward P/E8.38
PEG Ratio1.77
Price / Sales6.21
Price / Book1.19
EPS6.06
Book Value46.74
Revenue (TTM)328.36M
Gross Profit (TTM)321.17M
Profit Margin71.19%
Operating Margin74.39%
Return on Equity14.74%
Return on Assets1.73%
Shares Outstanding30.06M
Shares Float29.28K
Beta0.78
Dividend Yield5.03%
Dividend Rate2.75
Payout Ratio44.37%

Analyst Ratings

Strong Buy
Based on 2 analystsTarget 65.90
  • Strong Buy
    1
  • Buy
    1

Ownership Breakdown

Institutions
34.82%
Insiders
3.91%
Retail / Other
61.27%

Top Institutional Holders

  • LSV Asset Management
    1.14M3.05%
  • Uniplan Investment Counsel, Inc.
    119.94K0.32%
  • Martingale Asset Management L P
    43.83K0.12%
  • Ramirez Asset Management Inc
    42.17K0.11%
  • Rhumbline Advisers
    37.13K0.10%
  • Navellier & Associates Inc
    36.48K0.10%
  • Estabrook Capital Management
    22.20K0.06%

Top Fund Holders

  • iShares Russell 2000 ETF
    795.78K2.12%
  • Brandes Emerging Markets Value I
    334.38K0.89%
  • Fidelity Small Cap Index
    323.06K0.86%
  • iShares Russell 2000 Value ETF
    255.00K0.68%
  • Columbia Small Cap Value Discv A
    238.87K0.64%
  • Vanguard Russell 2000 ETF
    170.63K0.45%
  • EA Bridgeway Omni Small-Cap Value ETF
    169.06K0.45%
  • CREF Total Global Stock Account R3
    161.12K0.43%
  • AB Emerging Markets Value S1 USD
    151.42K0.40%
  • BlackRock Advantage Small Cap Core Instl
    144.43K0.38%
  • Artemis Monthly Distribution I Acc
    138.06K0.37%
  • Columbia Sm Cp Val and Inflection Inst
    135.93K0.36%
  • Goldman Sachs Small Cp Val Insghts Instl
    130.85K0.35%

Dividends

20264×
0.69Nov 6, 20260.69Aug 7, 20260.69May 8, 20260.69Feb 25, 2026
20254×
0.63Nov 10, 20250.63Aug 15, 20250.63May 16, 20250.63Mar 10, 2025
20244×
0.50Nov 8, 20240.50Aug 5, 20240.50Apr 26, 20240.50Mar 1, 2024
20234×
0.25Oct 27, 20230.25Jul 28, 20230.25May 3, 20230.25Mar 9, 2023
20224×
0.25Nov 10, 20220.25Aug 12, 20220.25May 13, 20220.25Mar 4, 2022
20214×
0.25Nov 8, 20210.25Aug 6, 20210.25May 14, 20210.25Feb 22, 2021