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.
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Banco Latinoamericano GAAP EPS of $1.02, revenue of $59.2M