Banco Latinoamericano De - BLX STOCK NEWS

Banco Latinoamericano de Comercio Exterior (BLX) will announce its First Quarter 2021 Earnings on May 5, 2021.

The announcement will be made before the market opens, with a conference call scheduled for 11:00 a.m. ET. CEO Jorge Salas and CFO Ana Graciela de Méndez will present the results.

Interested parties can join the call by dialing 1-877-271-1828 (U.S.) or 1-334-323-9871 (international), using the passcode 68251167. The event will also be webcast live on the company's website.

Banco Latinoamericano de Comercio Exterior (Bladex) announced a quarterly cash dividend of US$0.25 per share for the fourth quarter of 2020. The dividend is payable on March 10, 2021, to stockholders of record as of February 23, 2021. Bladex had 39,677,940 shares outstanding as of December 31, 2020. Established in 1979, Bladex promotes foreign trade and economic integration in Latin America and the Caribbean and is listed on the NYSE under the ticker BLX.

Banco Latinoamericano de Comercio Exterior (BLX) reported mixed results for 4Q20 and FY20, with net interest income declining by 16% YoY to $92.5 million and total revenues of $99.2 million, down from $126.7 million in 2019. Profit for FY20 decreased 26% to $63.6 million, while 4Q20 profit rose slightly to $15.7 million. The Commercial Portfolio grew 9% QoQ, reaching $5.6 billion, supported by a 18% increase in loan origination. The bank's asset quality improved, with credit-impaired loans falling to 0.22%. A quarterly dividend of $0.25 per share was approved for payment on March 10, 2021.

Banco Latinoamericano de Comercio Exterior (Bladex) has scheduled its Fourth Quarter and Full Year 2020 Earnings Release for February 12, 2021, before the market opens. Jorge Salas, CEO, and Ana Graciela de Méndez, CFO will present during the earnings call at 11:00 a.m. ET. Participants can join via phone or through a live webcast on the company’s website. Further details, including contact information for investor relations, are provided in the press release.

Banco Latinoamericano de Comercio Exterior (Bladex) has announced a quarterly cash dividend of US$0.25 per share for the third quarter of 2020. The dividend will be payable on November 25, 2020, to shareholders on record as of November 9, 2020. As of September 30, 2020, Bladex reported 39,671,940.23 shares outstanding. Established in 1979, Bladex promotes foreign trade in the Latin American and Caribbean regions and is listed on the NYSE under the ticker BLX.

Banco Latinoamericano de Comercio Exterior (BLX) reported its third quarter and nine months results for 2020, highlighting a 9% quarter-on-quarter profit growth to $15.4 million despite ongoing challenges. Key metrics include a Tier 1 Capital Ratio of 26.5% and a 6% QoQ increase in the Credit Portfolio. Notably, the Bank successfully placed a $400 million bond, oversubscribed four times. Although net interest income decreased by 15% YoY, fee income rose by 35% QoQ. The Board declared a $0.25 quarterly dividend, payable November 25, 2020.

Banco Latinoamericano de Comercio Exterior (BLX) will announce its Third Quarter 2020 earnings on October 27, 2020, before the market opens. The earnings release will be followed by a live webcast presentation at 11:00 a.m. Eastern Time featuring CEO Jorge Salas and CFO Ana Graciela de Méndez. Investors can dial in for participation using the provided numbers. The earnings results will be accessible through the company's website.

For inquiries, Mónica Cosulich is available via email or phone.

Banco Latinoamericano de Comercio Exterior (Bladex) announced a successful US$400 million bond issuance in the 144A/Reg S market, which was oversubscribed more than four times. The five-year bonds carry a fixed coupon rate of 2.375%. This issuance demonstrates strong investor confidence in Bladex's business model amid challenging economic conditions, aimed at supporting foreign trade and regional integration in Latin America. Moody's and S&P rated the bonds Baa2 and BBB, respectively. The transaction was facilitated by Bank of America, SMBC Nikko Securities, and Mizuho Securities.

Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) announced a quarterly cash dividend of US$0.25 per share for Q2 2020. This dividend is payable on August 25, 2020 to stockholders on record as of August 10, 2020. As of June 30, 2020, the bank had 39,671,940 shares outstanding. Founded in 1979, Bladex supports foreign trade in Latin America and is listed on the NYSE under the ticker BLX.