BLX - Banco Latinoamericano GAAP EPS of $1.02 revenue of $59.2M

April, 19 2023 12:44 AM Banco Latinoamericano de Comercio Exterior S.A.

2023-04-19 00:44:09 ET

Banco Latinoamericano press release ( NYSE: BLX ): Q1 GAAP EPS of $1.02.
Revenue of $59.2M (+96.0% Y/Y).
Growth trend in NII for eighth consecutive quarter, increasing to $52.6 million in 1Q23 (+6% Q/Q; +105% Y/Y), as Net Interest Margin expanded to 2.41% in 1Q23 (+30 bps Q/Q; +109 bps Y/Y).
Expanded Annualized Return on Equity to 13.7% in 1Q23, increasing 212 bps Q/Q and 925 bps Y/Y.
The Bank´s Tier 1 Basel III Capital and Regulatory Capital Adequacy Ratios stood at 15.3% and 13.5%, respectively.

For further details see:

Company Name:	Banco Latinoamericano de Comercio Exterior S.A.
Stock Symbol:	BLX
Market:	NYSE
Website:	bladex.com