Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.


home / news releases / BLX - Bladex Is Even Cheaper Than Last Year

BLX - Bladex Is Even Cheaper Than Last Year

Banco Latinoamericano de Comercio Exterior S.A.
  • BLX's profits fell in 2021 because of conservative policies applied during the COVID crisis in 2020 and 2021.
  • In 2021 and this year, the bank has generated more loans and regained risk appetite.
  • Profits have not increased yet because most new loans were signed during 4Q21 and 1Q21 and because provisions are recognized at loan origination.
  • The company is trading at a P/E below 10 from current earnings and below 7 from the historic average.
  • Long-term trends are not in the bank's favor though.

For further details see:

Bladex Is Even Cheaper Than Last Year
Stock Information
Company Name: Banco Latinoamericano de Comercio Exterior S.A.
Stock Symbol: BLX
Market: NYSE
Website: bladex.com
Menu
BLX BLX Quote BLX Short BLX News BLX Articles BLX Message Board
Get BLX Alerts

News, Short Squeeze, Breakout and More Instantly...