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Foreign Trade Bank of Latin America Inc (BLX)



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Upturn Advisory Summary
09/12/2025: BLX (3-star) is a STRONG-BUY. BUY since 22 days. Simulated Profits (3.89%). Updated daily EoD!
1 Year Target Price $47.33
1 Year Target Price $47.33
1 | Strong Buy |
1 | Buy |
0 | Hold |
0 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 78.77% | Avg. Invested days 58 | Today’s Advisory Regular Buy |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.75B USD | Price to earnings Ratio 7.96 | 1Y Target Price 47.33 |
Price to earnings Ratio 7.96 | 1Y Target Price 47.33 | ||
Volume (30-day avg) 2 | Beta 0.87 | 52 Weeks Range 28.99 - 48.38 | Updated Date 09/12/2025 |
52 Weeks Range 28.99 - 48.38 | Updated Date 09/12/2025 | ||
Dividends yield (FY) 5.17% | Basic EPS (TTM) 5.97 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 71.99% | Operating Margin (TTM) 75.9% |
Management Effectiveness
Return on Assets (TTM) 1.87% | Return on Equity (TTM) 16.45% |
Valuation
Trailing PE 7.96 | Forward PE - | Enterprise Value 5696411648 | Price to Sales(TTM) 5.71 |
Enterprise Value 5696411648 | Price to Sales(TTM) 5.71 | ||
Enterprise Value to Revenue 18.27 | Enterprise Value to EBITDA - | Shares Outstanding 28736600 | Shares Floating 28087439 |
Shares Outstanding 28736600 | Shares Floating 28087439 | ||
Percent Insiders - | Percent Institutions 29.97 |
Upturn AI SWOT
Foreign Trade Bank of Latin America Inc

Company Overview
History and Background
The Foreign Trade Bank of Latin America Inc, also known as Bladex, was established in 1977 by the central banks of Latin American and Caribbean countries to finance foreign trade and promote economic integration in the region. It has evolved from solely serving central banks to including commercial banks and corporations as shareholders.
Core Business Areas
- Commercial Lending: Provides short-term and medium-term loans to financial institutions, corporations, and governments in Latin America to facilitate international trade.
- Treasury and Investment Services: Offers foreign exchange, money market, and investment services to clients.
- Syndication and Distribution: Arranges and distributes syndicated loans and other financing instruments.
Leadership and Structure
Bladex is led by a CEO and a management team. Its organizational structure is based on functional departments, including lending, treasury, and risk management. The Board of Directors oversees the bank's operations and strategy.
Top Products and Market Share
Key Offerings
- Trade Finance Loans: Short-term loans to finance the import and export of goods. Market share is estimated at 5-7% in the Latin American trade finance market. Competitors include Citi, HSBC, and Santander.
- Syndicated Loans: Arranging and participating in syndicated loans for Latin American companies. Market share varies by deal but generally around 3-5%. Competitors include JP Morgan, Goldman Sachs, and Bank of America.
Market Dynamics
Industry Overview
The Latin American trade finance market is influenced by global trade flows, commodity prices, and economic conditions in the region. Regulatory changes and geopolitical factors also play a role.
Positioning
Bladex positions itself as a specialized trade finance bank with a strong understanding of the Latin American market. Its competitive advantages include its regional expertise and established relationships with central banks and financial institutions.
Total Addressable Market (TAM)
The TAM for trade finance in Latin America is estimated to be around $200-300 billion annually. Bladex has a small share of this market but is well-positioned to expand its presence given its specialization and regional focus.
Upturn SWOT Analysis
Strengths
- Strong relationships with Latin American central banks
- Expertise in trade finance
- Deep understanding of the Latin American market
- Established track record
Weaknesses
- Concentration risk in Latin America
- Exposure to currency fluctuations
- Limited scale compared to global banks
- Dependence on regional economic stability
Opportunities
- Growing trade flows between Latin America and Asia
- Increasing demand for trade finance solutions
- Expansion into new Latin American markets
- Development of innovative trade finance products
Threats
- Economic slowdown in Latin America
- Political instability in the region
- Increased competition from global banks
- Regulatory changes
Competitors and Market Share
Key Competitors
- C
- HSBC
- SAN
Competitive Landscape
Bladex faces competition from large global banks with greater resources but differentiates itself through its regional focus and expertise in trade finance.
Growth Trajectory and Initiatives
Historical Growth: Bladex's growth has been linked to the expansion of trade between Latin America and the rest of the world. Economic cycles in the region have influenced the bank's performance.
Future Projections: Analysts project moderate growth for Bladex, driven by increased trade activity and the bank's expansion into new markets.
Recent Initiatives: Recent initiatives include expanding its digital banking services and forging partnerships with fintech companies.
Summary
Bladex is a specialized trade finance bank focused on Latin America. Its strengths lie in its regional expertise and relationships, while its weaknesses include its limited scale and exposure to regional risks. Growth opportunities exist through expanding into new markets and developing innovative products, but threats include economic and political instability. It holds a relatively small market share compared to larger global banks.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings
- Industry reports
- Analyst estimates
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market data is subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Foreign Trade Bank of Latin America Inc
Exchange NYSE | Headquaters - | ||
IPO Launch date 1992-09-24 | CEO - | ||
Sector Financial Services | Industry Banks - Regional | Full time employees - | Website https://bladex.com |
Full time employees - | Website https://bladex.com |
Banco Latinoamericano de Comercio Exterior, S. A., a multinational bank, engages in financing of foreign trade and economic integration in Latin America and the Caribbean. It operates through two segments, Commercial and Treasury. 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, including 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 Exportaciones, S.A. and changed its name to Banco Latinoamericano de Comercio Exterior, S. A. in June 2009. Banco Latinoamericano de Comercio Exterior, S. A. was founded in 1975 and is headquartered in Panama City, the Republic of Panama.

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