BLX Earnings Prediction
The chart below shows how BLX performed 10 days before and after its earnings report, based on data from the past quarters. Typically, BLX sees a -2.34% change in stock price 10 days leading up to the earnings, and a -1.92% change 10 days following the report. On the earnings day itself, the stock moves by +0.51%. This data can give you a slight idea of what to expect for the next quarter's release.
BLX Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
78.22M
0.90%
1.00%
Gross Margin
--
--
--
Operating Margin
65.82%
10.01%
-3.80%
Net Margin
65.82%
10.01%
-3.80%
EPS
1.40
10.24%
-2.78%
No Data Available
BLX Earnings Analysis
Foreign Trade Bank of Latin America Inc Corporation (BLX.N) Earnings Conference Call
Positive
Record Commercial Portfolio Growth: Banco Latinoamericano de Comercio Exterior, S. A. achieved record-breaking performance in 2024, with a commercial portfolio growth of 18%, reaching $10 billion, particularly strong in Brazil, the Dominican Republic, and Guatemala.
Portfolio Health and Risk Management: The bank maintained an excellent health of its portfolio with non-performing loans close to zero, showcasing disciplined risk management practices.
Deposit Growth Surge: Deposits increased significantly by 23% for year-end closing balances and 33% in average balances for the year, surpassing the guidance of 30% growth for average balances.
Strong Capital Ratio: The capital ratio remains strong with a tier one capital ratio of 15.5%, well within the defined target.
Net Interest Income Stability: Net interest income showed an upward trend, resulting in a stable net interest margin of 2.47% for the year, supported by increased volumes and effective funding cost management.
Record Fee Income Growth: Fee income reached unprecedented levels, growing by 37% compared to the previous year, contributing to overall profitability.
Cost Management Efficiency: The efficiency ratio stood below 27%, reflecting effective cost management despite investments in transformation.
Record Net Income Growth: Annual net income reached an all-time high of $206 million, marking a 24% increase from the previous year, with a return on equity of 16.2%.
Efficiency Enhancement Success: The bank's strategic plan has successfully enhanced efficiency, with a 52% reduction in client onboarding times and a 70% expansion in the client base.
Trade Finance Platform Progress: The trade finance platform is 56% complete and expected to launch in the second half of the year, which will enhance transaction processing capabilities.
Syndicated Loan Milestone: The bank executed its largest syndicated loan to date, a $400 million facility, demonstrating strong access to global liquidity.
Dividend Increase Announcement: The board approved an increase in the quarterly dividend from $0.50 to $0.625 per share, reflecting confidence in the bank's earnings trajectory.
Negative
Net Income Decline: Net income decreased by 3% compared to the previous quarter, primarily due to higher expenses related to ongoing strategic initiatives.
Expense Increase Analysis: Total expenses for 2024 reached $80.5 million, reflecting an 11% annual increase, driven by higher salary expenses and ongoing investments in technology and business initiatives.
Foreign Policy Challenges: Despite record-breaking results, the company faces potential negative impacts from US foreign policy, particularly regarding immigration and trade policies, which could affect remittances and economic activity in Latin America.
Projected Growth Slowdown: The anticipated growth for 2025 is lower than previous years, with projections of only 10% to 12% for the commercial portfolio and 15% to 17% for average deposits, indicating a slowdown in growth momentum.
BLX FAQs
How does BLX typically perform around its earnings report dates?
Is Foreign Trade Bank of Latin America Inc (BLX) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
BLX Earning Call Sentiment
Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) Q4 2024 Earnings Call Transcript
BLX.N
0.63%Positive
The earnings report shows strong financial performance with a 24% YoY net income increase, improved ROE, and a dividend hike. While NIM contraction and unclear tariff impacts pose concerns, the company is expanding its trade finance platform and expects balanced growth across countries. A strong pipeline for loan syndication and expected fee income growth further support a positive outlook. Given the market cap of approximately $1 billion, the stock is likely to react positively within a 2% to 8% range.
