Banco Latinoamericano de Comercio Exterior, S. A. (BLX) Set to Announce Earnings on Thursday

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) will release its earnings data after the market closes on Thursday, April 18th. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) last issued its quarterly earnings data on Thursday, February 22nd. The bank reported $1.27 earnings per share (EPS) for the quarter. Banco Latinoamericano de Comercio Exterior, S. A. had a net margin of 23.34% and a return on equity of 14.49%. The company had revenue of $77.79 million during the quarter. On average, analysts expect Banco Latinoamericano de Comercio Exterior, S. A. to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Banco Latinoamericano de Comercio Exterior, S. A. Stock Down 0.1 %

Shares of NYSE:BLX opened at $29.40 on Wednesday. The company has a quick ratio of 1.00, a current ratio of 2.08 and a debt-to-equity ratio of 3.62. Banco Latinoamericano de Comercio Exterior, S. A. has a 52-week low of $17.09 and a 52-week high of $30.65. The company has a 50 day moving average of $27.52 and a two-hundred day moving average of $25.18. The company has a market capitalization of $1.07 billion, a price-to-earnings ratio of 6.45 and a beta of 1.21.

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

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 19th. Shareholders of record on Monday, March 4th were given a $0.50 dividend. This is an increase from Banco Latinoamericano de Comercio Exterior, S. A.’s previous quarterly dividend of $0.25. The ex-dividend date was Friday, March 1st. This represents a $2.00 annualized dividend and a yield of 6.80%. Banco Latinoamericano de Comercio Exterior, S. A.’s dividend payout ratio (DPR) is 43.86%.

Institutional Trading of Banco Latinoamericano de Comercio Exterior, S. A.

A hedge fund recently raised its stake in Banco Latinoamericano de Comercio Exterior, S. A. stock. Rhumbline Advisers lifted its stake in shares of Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) by 2.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 42,209 shares of the bank’s stock after buying an additional 957 shares during the quarter. Rhumbline Advisers owned approximately 0.12% of Banco Latinoamericano de Comercio Exterior, S. A. worth $734,000 as of its most recent filing with the Securities and Exchange Commission. 19.47% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Banco Latinoamericano de Comercio Exterior, S. A. from a “buy” rating to a “hold” rating in a research report on Tuesday, February 27th.

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 through two segments, Commercial and Treasury. It also 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.