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Foreign Trade Bank of Latin America Inc (BLX)



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Upturn Advisory Summary
10/14/2025: BLX (2-star) is a SELL. SELL since 5 days. Simulated Profits (-1.64%). Updated daily EoD!
1 Year Target Price $55.5
1 Year Target Price $55.5
1 | Strong Buy |
1 | Buy |
0 | Hold |
0 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 69.26% | Avg. Invested days 60 | Today’s Advisory SELL |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.65B USD | Price to earnings Ratio 7.53 | 1Y Target Price 55.5 |
Price to earnings Ratio 7.53 | 1Y Target Price 55.5 | ||
Volume (30-day avg) 2 | Beta 0.87 | 52 Weeks Range 30.07 - 48.38 | Updated Date 10/13/2025 |
52 Weeks Range 30.07 - 48.38 | Updated Date 10/13/2025 | ||
Dividends yield (FY) 5.66% | 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 7.53 | Forward PE - | Enterprise Value 5541530624 | Price to Sales(TTM) 5.4 |
Enterprise Value 5541530624 | Price to Sales(TTM) 5.4 | ||
Enterprise Value to Revenue 17.87 | Enterprise Value to EBITDA - | Shares Outstanding 28736597 | Shares Floating 28101586 |
Shares Outstanding 28736597 | Shares Floating 28101586 | ||
Percent Insiders - | Percent Institutions 30.46 |
Upturn AI SWOT
Foreign Trade Bank of Latin America Inc

Company Overview
History and Background
Foreign Trade Bank of Latin America Inc. (Bladex), established in 1979, is a multinational bank specializing in financing foreign trade and promoting integration in Latin America. Founded by central banks of Latin American and Caribbean countries, its mission is to support regional economic growth. It has evolved from a development bank to a commercial bank.
Core Business Areas
- Trade Finance: Provides financing for exports and imports, including letters of credit, pre-export financing, and supply chain finance.
- Lending: Offers short-term and medium-term loans to financial institutions, corporations, and governments in Latin America.
- Treasury and Investment Services: Engages in treasury management, foreign exchange trading, and investment services for its clients.
Leadership and Structure
The bank is led by a Chief Executive Officer and operates with a structure that includes risk management, finance, and operational divisions. Ownership is distributed among central banks, commercial banks, and institutional investors.
Top Products and Market Share
Key Offerings
- Trade Finance Loans: These loans facilitate international trade transactions. Bladex has a sizable presence in this space within Latin America, but market share data varies based on specific countries and sectors. Competitors include large global banks and regional financial institutions.
- Syndicated Loans: Bladex participates in syndicated loan deals, extending financing for large projects. Specific market share data is not readily available, and competition includes other multilateral institutions and commercial lenders.
Market Dynamics
Industry Overview
The Latin American trade finance market is influenced by factors such as economic growth, political stability, commodity prices, and global trade flows. Increased regional integration and infrastructure development are driving demand for trade finance services.
Positioning
Bladex is a specialized player focused on Latin America, possessing strong relationships with regional banks and corporations. Its competitive advantage lies in its regional expertise and its ability to navigate the complexities of Latin American markets.
Total Addressable Market (TAM)
The TAM for trade finance in Latin America is estimated to be in the hundreds of billions of USD annually. Bladex is well-positioned to capture a portion of this market, leveraging its regional focus and strong relationships.
Upturn SWOT Analysis
Strengths
- Strong regional expertise
- Established relationships with Latin American banks
- Specialized focus on trade finance
- Multinational ownership structure providing stability
Weaknesses
- Concentration on Latin America exposing it to regional economic risks
- Smaller scale compared to global banks
- Vulnerability to currency fluctuations
- Dependence on stable political climates in the region
Opportunities
- Increased regional trade integration
- Growing demand for infrastructure financing
- Expansion of digital trade finance solutions
- Entry into new Latin American markets
Threats
- Economic downturns in Latin America
- Increased competition from global banks
- Political instability and regulatory changes
- Currency devaluation
Competitors and Market Share
Key Competitors
- Citigroup (C)
- Banco Santander (SAN)
- HSBC Holdings (HSBC)
- JP Morgan Chase (JPM)
Competitive Landscape
Bladex faces competition from global banks with greater resources and broader product offerings. Its advantage lies in its regional focus and specialized expertise, allowing it to serve smaller and medium-sized businesses effectively. The competition is fierce, as there are various regional banks that also specialize in trade finance in Latin America
Growth Trajectory and Initiatives
Historical Growth: Bladex's growth has been tied to the economic performance of Latin America and the expansion of trade finance activities.
Future Projections: Future growth depends on the bank's ability to capitalize on opportunities in regional trade finance, infrastructure lending, and digital banking.
Recent Initiatives: Recent initiatives may include investments in technology, expansion into new markets, and development of new trade finance products.
Summary
Foreign Trade Bank of Latin America Inc. (Bladex) is a specialized bank with a solid regional focus, benefiting from strong relationships in Latin America. However, its reliance on the region exposes it to economic and political volatility. Growth opportunities exist through trade integration and digital solutions, but competition from larger global banks remains a significant challenge. Bladex needs to continue to adapt to new technological changes and leverage their regional expertise to maintain its position within the LATAM market.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings
- Market Research Reports
- Industry Analysis
- Financial News Outlets
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual research and consultation with a qualified financial advisor. Financial data and market conditions can change rapidly.
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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