Banco Latinoamericano De Comercio (BLX) AI Stock Analysis

• Market Cap: $1.48B
• Dividend Yield: 5.92%
• Average Volume (3M): 114.45K
• Price to Earnings (P/E): 7.5
• Beta (1Y): 0.62
• Revenue Growth: 8.33%
• EPS Growth: 13.48%
• Country: US
• Employees: 175
• Sector: Financial
• Sector Strength: 77
• Industry: Banks - Regional
• EPS (TTM): 1.40
• Shares Outstanding: 28,736,597
• 10 Day Avg. Volume: 102,604
• 30 Day Avg. Volume: 114,452
• PEG Ratio: N/A
• Price to Book (P/B): 1.15
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.89
• Enterprise Value/Market Cap: 2.76
• Enterprise Value/Revenue: 1.28
• Enterprise Value/Gross Profit: 14.89
• Enterprise Value/Ebitda: 4.99
• 1Y Price Target: $46.00
• Price Target Upside: 8.98% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 71 Outperform
• Price Target: $46.00 ▲(8.98%Upside)

The overall stock score is driven by strong valuation metrics and positive technical analysis. Despite high leverage and cash flow challenges, the stock's low P/E ratio and high dividend yield offer attractive investment potential.

Banco Latinoamericano De Comercio Business Overview & Revenue Model

Company Description

Banco Latinoamericano de Comercio Exterior, S.A. (BLX), commonly known as Bladex, is a multinational bank headquartered in Panama City, Panama. Established in 1979, Bladex specializes in supporting trade and economic integration across Latin America. The bank provides a range of financial solutions including trade finance, treasury services, and loans to financial institutions, corporations, and sovereign entities in the region.

How the Company Makes Money

Bladex generates revenue primarily through interest income from its lending activities, which include trade finance and loans to various clients across Latin America. Its key revenue streams include interest earned on loans and advances, fees related to trade finance services, and income from its treasury operations which involve managing the bank's liquidity and investment portfolio. Bladex also collaborates with financial institutions and corporations to facilitate trade-related transactions, contributing to additional fee-based income. Strategic partnerships with regional and international banks enhance its ability to provide comprehensive financial solutions, thereby bolstering its revenue generation capabilities.

Banco Latinoamericano De Comercio Financial Statement Overview

Summary

Strong revenue growth and profitability with robust net profit margins. However, high leverage typical of banks needs careful management, and negative free cash flow presents liquidity challenges.

Income Statement

Banco Latinoamericano De Comercio shows a strong TTM revenue growth of 182.6% from the previous year's figures, driven by a significant increase in total revenue. The gross profit margin for TTM is 33.9%, and the net profit margin is 25.5%, indicating healthy profitability. EBIT and EBITDA margins are also robust at 26.5% and 25.9% respectively. The company’s income statement reflects strong financial health with an upward trend in revenue and profitability metrics.

Balance Sheet

The balance sheet reveals a relatively high debt-to-equity ratio of 3.27, indicating considerable leverage, which is typical in the banking industry but may pose risks if not managed well. The return on equity (ROE) is strong at 15.1% for TTM, suggesting effective utilization of equity to generate profits. The equity ratio is 11.1%, which is low, reflecting the high leverage. Overall, the balance sheet shows a stable yet highly leveraged position.

Cash Flow

The cash flow statement indicates ongoing challenges with negative free cash flow and operating cash flow in TTM. However, there is improvement from the prior year, as free cash flow grew by 29.9%. The operating cash flow to net income ratio is negative due to negative operating cash flow, reflecting potential liquidity strain. The company needs to address its cash flow issues to enhance financial stability.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	810.60M	683.41M	330.75M	155.74M	188.18M
Gross Profit	284.78M	209.87M	126.61M	101.64M	99.66M
EBITDA	209.44M	169.25M	94.75M	66.19M	67.93M
Net Income	205.87M	166.16M	92.04M	62.70M	63.59M
Balance Sheet
Total Assets	11.86B	10.74B	9.28B	8.04B	6.29B
Cash, Cash Equivalents and Short-Term Investments	2.06B	1.99B	1.24B	1.25B	863.81M
Total Debt	4.58B	4.68B	6.63B	3.75B	1.99B
Total Liabilities	10.52B	9.54B	8.21B	7.05B	5.25B
Stockholders Equity	1.34B	1.20B	1.07B	991.79M	1.04B
Cash Flow
Free Cash Flow	-1.13B	248.65M	-772.37M	-872.52M	1.25B
Operating Cash Flow	-1.13B	250.75M	-769.65M	-871.71M	1.25B
Investing Cash Flow	-180.02M	-12.77M	-166.66M	-446.08M	-319.90M
Financing Cash Flow	1.14B	964.22M	916.25M	1.58B	-1.24B

Banco Latinoamericano De Comercio Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 42.21
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BLX, the sentiment is Positive. The current price of 42.21 is above the 20-day moving average (MA) of 41.42, above the 50-day MA of 40.81, and above the 200-day MA of 36.36, indicating a bullish trend. The MACD of 0.32 indicates Negative momentum. The RSI at 61.81 is Neutral, neither overbought nor oversold. The STOCH value of 85.90 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BLX.

Banco Latinoamericano De Comercio Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PFBC	78 Outperform	$1.24B	9.84	17.21%	3.23%	0.94%	-8.61%
BY	77 Outperform	$1.17B	10.38	11.08%	1.43%	7.63%	-1.13%
OFG	76 Outperform	$2.03B	10.84	15.46%	2.65%	7.61%	6.82%
CCB	74 Outperform	$1.53B	30.26	12.78%	―	16.62%	18.72%
SUPV	72 Outperform	$903.61M	12.10	9.61%	1.90%	-56.02%	-61.41%
BLX	71 Outperform	$1.48B	7.53	15.82%	5.92%	8.33%	13.48%
Sector *	62 Neutral	AU$10.00B	8.24	11.67%	5.00%	32.88%	39.55%