BLX Stock Analysis: Foreign Trade Bank of Latin | NYSE
Banks - Regional | NYSE, USA | Market Cap: 2.289m USD | 12M Return: 60.5% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 12.1M
EPS Trend: 92.3%
Rev. Trend: 42.2%
Warnings
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Banco Latinoamericano de Comercio Exterior, S. A. (BLX) is a Panama-based multinational bank that finances foreign trade and economic integration across Latin America and the Caribbean. Operating through Commercial and Treasury segments, the bank accepts deposits and offers a broad suite of products including bilateral and syndicated loans, letters of credit, guarantees, factoring, vendor financing, and financial leasing. It also conducts investment management activities in securities.
The bank primarily serves financial institutions, corporations, sovereigns, and state-owned entities, reflecting its specialized role as a trade-focused lender rather than a retail consumer bank. Founded in 1975 and listed on the NYSE since 1992, BLX falls within the Specialized Finance sub-industry of the Financials sector, with its Panama headquarters positioning it as a hub for regional trade finance across emerging markets in the region.
- Latin America trade volumes drive commercial loan growth
- Net interest margin expands as Fed rate cycle peaks
- Credit provisions rise on Latin American sovereign and corporate stress
| Net Income: 231.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA 15.21 > 1.0 |
| NWC/Revenue: -933.2% < 20% (prev -684.1%; Δ -249.1% < -1%) |
| CFO/TA 0.09 > 3% & CFO 1.21b > Net Income 231.6m |
| Net Debt (2.10b) to EBITDA (237.0m): 8.85 < 3 |
| Current Ratio: 0.27 > 1.5 & < 3 |
| Outstanding Shares: last quarter (43.1m) vs 12m ago 16.55% < -2% |
| Gross Margin: 54.06% > 18% (prev 33.94%; Δ 20.13% > 0.5%) |
| Asset Turnover: 4.57% > 50% (prev 6.53%; Δ -1.96% > 0%) |
| Interest Coverage Ratio: 0.47 > 6 (EBIT TTM 231.6m / Interest Expense TTM 488.9m) |
| A: -0.41 (Total Current Assets 2.02b - Total Current Liabilities 7.59b) / Total Assets 13.7b |
| B: 0.07 (Retained Earnings 934.6m / Total Assets 13.7b) |
| C: 0.02 (EBIT TTM 231.6m / Avg Total Assets 13.1b) |
| D: 0.14 (Book Value of Equity 1.71b / Total Liabilities 12.0b) |
| Altman-Z'' = -2.17 = D |
| DSRI: 1.30 (Receivables 121.5m/127.0m, Revenue 597.7m/809.4m) |
| GMI: 0.63 (GM 33.94% / 54.06%) |
| AQI: 1.03 (AQ_t 0.85 / AQ_t-1 0.83) |
| SGI: 0.74 (Revenue 597.7m / 809.4m) |
| TATA: -0.07 (NI 231.6m - CFO 1.21b) / TA 13.7b) |
| Beneish M = -3.30 (Cap -4..+1) = AA |
As of July 02, 2026, the stock is trading at USD 61.42 with a total of 279,337 shares traded. Over the past week, the price has changed by -2.17%, over one month by +9.64%, over three months by +20.70% and over the past year by +60.49%.
Current recommended Stop Loss: 59.30 (which is 3.5% or 1.4 ATR below the current price).
Foreign Trade Bank of Latin has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy BLX.
- StrongBuy: 1
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 64.7 | 5.3% |
P/E Trailing = 10.211
P/E Forward = 8.3752
P/S = 7.0834
P/B = 1.3509
P/EG = 1.7665
Revenue TTM = 597.7m USD
EBIT TTM = 231.6m USD
EBITDA TTM = 237.0m USD
Long Term Debt = 4.09b USD (from longTermDebt, last quarter)
Short Term Debt = 247.4m USD (from shortTermDebt, last quarter)
Debt = 4.37b USD (from shortLongTermDebtTotal, last quarter) + Leases 18.1m
Net Debt = 2.10b USD (calculated: Debt 4.37b - CCE 2.27b)
Enterprise Value = 4.39b USD (2.29b + Debt 4.37b - CCE 2.27b)
Interest Coverage Ratio = 0.47 (Ebit TTM 231.6m / Interest Expense TTM 488.9m)
EV/FCF = 3.62x (Enterprise Value 4.39b / FCF TTM 1.21b)
FCF Yield = 27.63% (FCF TTM 1.21b / Enterprise Value 4.39b)
FCF Margin = 202.8% (FCF TTM 1.21b / Revenue TTM 597.7m)
Net Margin = 38.75% (Net Income TTM 231.6m / Revenue TTM 597.7m)
Gross Margin = 54.06% ((Revenue TTM 597.7m - Cost of Revenue TTM 274.5m) / Revenue TTM)
Gross Margin QoQ = 94.34% (prev 93.92%)
Tobins Q-Ratio = 0.32 (Enterprise Value 4.39b / Total Assets 13.7b)
Interest Expense / Debt = 11.18% (Interest Expense 488.9m / Debt 4.37b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 182.9m (EBIT 231.6m * (1 - 21.00%))
Current Ratio = 0.27 (Total Current Assets 2.02b / Total Current Liabilities 7.59b)
Debt / Equity = 2.56 (Debt 4.37b / totalStockholderEquity, last quarter 1.71b)
Debt / EBITDA = 8.85 (Net Debt 2.10b / EBITDA 237.0m)
Debt / FCF = 1.73 (Net Debt 2.10b / FCF TTM 1.21b)
Total Stockholder Equity = 1.61b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.77% (Net Income 231.6m / Total Assets 13.7b)
RoE = 14.36% (Net Income TTM 231.6m / Total Stockholder Equity 1.61b)
RoCE = 4.06% (EBIT 231.6m / Capital Employed (Equity 1.61b + L.T.Debt 4.09b))
RoIC = 2.87% (NOPAT 182.9m / Invested Capital 6.36b)
WACC = 8.46% (E(2.29b)/V(6.66b) * Re(7.76%) + D(4.37b)/V(6.66b) * Rd(11.18%) * (1-Tc(0.21)))
Discount Rate = 7.76% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 98.88 | Cagr: 7.56%
[DCF] Terminal Value 75.04% ; FCFF base≈1.21b ; Y1≈1.22b ; Y5≈1.29b
[DCF] Fair Price = 584.5 (EV 19.7b - Net Debt 2.10b = Equity 17.6b / Shares 30.1m; r=8.46% [WACC]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: 92.33 | EPS CAGR: 18.50% | SUE: N/A | # QB: 0
Revenue Correlation: 42.21 | Revenue CAGR: 9.19% | SUE: N/A | # QB: 0
EPS current Year (2026-12-31): EPS=6.86 | Chg30d=+9.15% | Revisions=+20% | GrowthEPS=+12.3% | GrowthRev=+11.3%
EPS next Year (2027-12-31): EPS=7.05 | Chg30d=+3.52% | Revisions=+20% | GrowthEPS=+2.8% | GrowthRev=+8.6%
[Analyst] Revisions Ratio: +20%