Foreign Trade Bank Of Latin America, Inc.

$BLX Market Cap: $1.199 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

Gross Margin

Net Earnings

$200.8M

TTM

Current Assets

Current Liabilities

$446.7M

Q3 2024

Current Ratio

Total Assets

$11.41B

Q3 2024

Total Liabilities

$10.10B

Q3 2024

Book Value

$1.310B

Q3 2024

Cash

P/E

5.970

Nov 29, 2024 EST

Free Cash Flow

$431.0M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991
Revenue
YoY Change

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991
Revenue
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$3.094M	$2.715M	$3.400M	$4.400M	$3.600M	$2.500M	$2.400M	$2.100M	$2.000M	$2.400M	$2.700M	$2.300M	$2.100M	$2.500M	$2.700M	$3.700M	$2.600M	$1.400M	$900.0K	$1.300M	$1.500M	$1.400M	$1.200M	$1.100M	$1.100M	$1.000M	$800.0K	$800.0K	$600.0K	$500.0K	$400.0K	$400.0K	$300.0K
YoY Change	13.96%	-20.15%	-22.73%	22.22%	44.0%	4.17%	14.29%	5.0%	-16.67%	-11.11%	17.39%	9.52%	-16.0%	-7.41%	-27.03%	42.31%	85.71%	55.56%	-30.77%	-13.33%	7.14%	16.67%	9.09%	0.0%	10.0%	25.0%	0.0%	33.33%	20.0%	25.0%	0.0%	33.33%	0.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020
Interest Expense	$446.1M	$184.6M	$54.10M	$88.52M
YoY Change	141.63%	241.23%	-38.88%
% of Operating Profit
Other Income/Expense, Net	$1.799M	$354.0K	$1.191M	$344.0K
YoY Change	408.19%	-70.28%	246.22%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991
Pretax Income	$166.2M	$92.04M	$62.70M	$63.60M	$86.10M	$11.10M	$82.00M	$87.00M	$104.0M	$102.4M	$80.60M	$94.00M	$84.30M	$39.60M	$56.00M	$55.30M	$72.20M	$57.90M	$77.50M	$141.7M	$111.5M	-$266.5M	$3.800M	$97.10M	$101.1M	$71.80M	$81.10M	$81.80M	$71.50M	$45.00M	$28.30M	$27.60M	$21.10M
YoY Change	80.53%	46.79%	-1.42%	-26.13%	675.68%	-86.46%	-5.75%	-16.35%	1.56%	27.05%	-14.26%	11.51%	112.88%	-29.29%	1.27%	-23.41%	24.7%	-25.29%	-45.31%	27.09%	-141.84%	-7113.16%	-96.09%	-3.96%	40.81%	-11.47%	-0.86%	14.41%	58.89%	59.01%	2.54%	30.81%	41.61%
Income Tax											$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$100.0K	$0.00	$0.00	$0.00	$100.0K	$100.0K	$0.00	$0.00	$0.00	$0.00
% Of Pretax Income											0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%		0.0%	0.1%	0.0%	0.0%	0.0%	0.12%	0.14%	0.0%	0.0%	0.0%	0.0%
Net Earnings	$166.2M	$92.04M	$62.70M	$63.60M	$86.10M	$11.10M	$82.00M	$87.00M	$104.0M	$102.4M	$84.80M	$93.00M	$83.20M	$42.20M	$54.90M	$55.10M	$72.20M	$57.90M	$80.10M	$141.7M	$111.5M	-$268.8M	$2.500M	$97.10M	$101.1M	$71.80M	$81.10M	$81.70M	$71.40M	$45.00M	$28.20M	$27.60M	$21.10M
YoY Change	80.53%	46.79%	-1.42%	-26.13%	675.68%	-86.46%	-5.75%	-16.35%	1.56%	20.75%	-8.82%	11.78%	97.16%	-23.13%	-0.36%	-23.68%	24.7%	-27.72%	-43.47%	27.09%	-141.48%	-10852.0%	-97.43%	-3.96%	40.81%	-11.47%	-0.73%	14.43%	58.67%	59.57%	2.17%	30.81%	41.61%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share	$4.56	$2.54	$1.616M	$1.602M	$2.174M	$281.0K	$2.087M	$2.219M	$2.660M	$2.632M	$2.203M	$2.454M	$2.243M	$1.147M	$1.500M	$1.514M	$1.984M	$1.540M	$2.059M	$3.596M	$3.885M	-$15.54M	$137.4K	$4.879M	$4.980M	$3.485M	$3.937M	$3.966M	$3.466M	$2.616M	$1.649M	$1.971M	$1.623M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$16.79M	$17.28M	$17.80M	$19.40M	$22.20M	$6.700M	$7.400M	$8.500M	$6.200M	$7.000M	$10.50M	$12.80M	$6.700M	$6.500M	$7.700M	$8.000M	$10.20M	$11.10M	$3.300M	$3.500M	$4.100M	$5.100M	$5.500M	$4.500M	$4.900M	$4.800M	$4.600M	$4.900M	$4.300M	$4.000M	$3.400M	$3.600M	$3.400M
YoY Change	-2.82%	-2.91%	-8.25%	-12.61%	231.34%	-9.46%	-12.94%	37.1%	-11.43%	-33.33%	-17.97%	91.04%	3.08%	-15.58%	-3.75%	-21.57%	-8.11%	236.36%	-5.71%	-14.63%	-19.61%	-7.27%	22.22%	-8.16%	2.08%	4.35%	-6.12%	13.95%	7.5%	17.65%	-5.56%	5.88%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments									$500.0K	$500.0K	$500.0K	$1.000M	$1.400M	$1.700M
YoY Change									0.0%	0.0%	-50.0%	-28.57%	-17.65%
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
Total Assets	$10.74B	$9.284B	$8.038B	$6.289B	$7.250B	$7.609B	$6.268B	$7.181B	$8.286B	$8.022B	$7.471B	$6.756B	$6.360B	$5.100B	$3.879B	$4.363B	$4.699B	$3.978B	$3.159B	$2.736B	$2.564B	$2.929B	$5.922B	$5.661B	$5.172B	$5.588B	$5.746B	$5.307B	$4.549B	$4.023B	$3.118B	$2.348B	$1.811B
YoY Change
Accounts Payable	$92.09M	$62.55M	$14.90M	$17.50M	$18.30M	$26.40M	$25.10M	$27.80M	$28.80M	$19.10M	$16.30M	$17.90M	$11.80M	$10.10M	$11.30M	$33.00M	$38.60M	$28.40M	$14.70M	$6.500M	$5.400M	$11.90M	$39.90M	$60.50M	$48.50M	$46.90M	$65.00M	$39.70M	$34.80M	$20.20M	$10.40M	$7.200M	$9.300M
YoY Change	47.24%	319.79%	-14.86%	-4.37%	-30.68%	5.18%	-9.71%	-3.47%	50.79%	17.18%	-8.94%	51.69%	16.83%	-10.62%	-65.76%	-14.51%	35.92%	93.2%	126.15%	20.37%	-54.62%	-70.18%	-34.05%	24.74%	3.41%	-27.85%	63.73%	14.08%	72.28%	94.23%	44.44%	-22.58%
Accrued Expenses	$24.12M	$16.81M	$9.300M	$9.200M	$11.90M	$8.600M	$8.000M	$4.200M	$9.700M	$10.80M	$22.50M
YoY Change	43.47%	80.77%	1.09%	-22.69%	38.37%	7.5%	90.48%	-56.7%	-10.19%	-52.0%
Deferred Revenue
YoY Change
Short-Term Debt	$315.3M	$304.1M	$2.013B	$394.5M	$43.60M	$43.10M	$1.080B	$1.476B	$2.550B	$3.003B	$2.992B	$1.607B	$1.701B	$1.360B	$399.1M	$1.213B	$1.505B	$1.596B	$760.7M	$704.7M	$687.2M	$647.3M	$1.823B	$1.510B	$1.521B	$1.884B	$1.963B	$1.881B	$1.641B	$1.549B	$1.183B	$791.7M	$566.5M
YoY Change	3.66%	-84.89%	410.37%	804.82%	1.16%	-96.01%	-26.85%	-42.12%	-15.09%	0.38%	86.11%	-5.47%	25.01%	240.84%	-67.1%	-19.39%	-5.7%	109.75%	7.95%	2.55%	6.16%	-64.5%	20.76%	-0.73%	-19.25%	-4.04%	4.37%	14.59%	5.97%	30.91%	49.43%	39.75%
Long-Term Debt Due	$1.143M	$956.0K	$1.000M	$1.200M	$1.100M
YoY Change	19.56%	-4.4%	-16.67%	9.09%
Total Short-Term Liabilities	$407.3M	$62.55M	$25.20M	$27.90M	$31.30M	$35.00M	$33.10M	$32.00M	$38.60M	$44.70M	$38.80M	$17.90M	$11.80M	$10.10M	$11.30M	$33.00M	$38.60M	$28.40M	$14.70M	$6.500M	$5.400M	$11.90M	$39.90M	$60.50M	$48.50M	$46.90M	$65.00M	$39.70M	$34.80M	$20.20M	$10.40M	$7.200M	$9.300M
YoY Change	551.26%	148.21%	-9.68%	-10.86%	-10.57%	5.74%	3.44%	-17.1%	-13.65%	15.21%	116.76%	51.69%	16.83%	-10.62%	-65.76%	-14.51%	35.92%	93.2%	126.15%	20.37%	-54.62%	-70.18%	-34.05%	24.74%	3.41%	-27.85%	63.73%	14.08%	72.28%	94.23%	44.44%	-22.58%
Long-Term Debt	$4.369B	$4.433B	$1.739B	$1.603B	$3.137B	$3.518B	$1.139B	$1.777B	$1.882B	$1.400B	$1.154B	$1.906B	$1.488B	$1.075B	$1.390B	$1.205B	$1.010B	$558.9M	$533.9M	$403.6M	$485.5M	$1.286B	$1.787B	$1.583B	$1.213B	$1.270B	$1.423B	$1.207B	$892.0M	$557.0M	$215.0M	$112.3M	$141.7M
YoY Change	-1.46%	154.95%	8.48%	-48.91%	-10.83%	208.96%	-35.9%	-5.59%	34.44%	21.3%	-39.44%	28.1%	38.36%	-22.68%	15.39%	19.27%	80.77%	4.68%	32.28%	-16.87%	-62.23%	-28.07%	12.94%	30.5%	-4.49%	-10.78%	17.87%	35.35%	60.14%	159.07%	91.45%	-20.75%
Other Long-Term Liabilities	$94.35M	$60.57M	$31.20M	$12.40M	$17.40M	$38.60M	$38.20M	$62.70M	$33.40M	$43.40M	$16.80M	$44.90M	$85.20M	$86.50M	$106.5M	$148.3M	$61.20M	$54.40M	$70.80M	$60.60M	$58.20M	$56.30M	$55.00M	$41.60M	$44.50M	$54.00M	$24.90M	$10.00M	$9.200M	$8.100M	$3.600M	$7.500M	$4.000M
YoY Change	55.76%	94.14%	151.61%	-28.74%	-54.92%	1.05%	-39.07%	87.72%	-23.04%	158.33%	-62.58%	-47.3%	-1.5%	-18.78%	-28.19%	142.32%	12.5%	-23.16%	16.83%	4.12%	3.37%	2.36%	32.21%	-6.52%	-17.59%	116.87%	149.0%	8.7%	13.58%	125.0%	-52.0%	87.5%
Total Long-Term Liabilities	$4.463B	$4.494B	$1.770B	$1.615B	$3.155B	$3.557B	$1.177B	$1.839B	$1.915B	$1.443B	$1.171B	$1.950B	$1.573B	$1.162B	$1.497B	$1.353B	$1.072B	$613.3M	$604.7M	$464.2M	$543.7M	$1.342B	$1.842B	$1.624B	$1.257B	$1.324B	$1.448B	$1.217B	$901.2M	$565.1M	$218.6M	$119.8M	$145.7M
YoY Change	-0.69%	153.87%	9.58%	-48.8%	-11.31%	202.21%	-36.01%	-3.96%	32.71%	23.27%	-39.98%	24.02%	35.39%	-22.4%	10.61%	26.3%	74.71%	1.42%	30.27%	-14.62%	-59.48%	-27.16%	13.43%	29.19%	-5.02%	-8.58%	18.94%	35.08%	59.48%	158.51%	82.47%	-17.78%
Total Liabilities	$9.540B	$8.215B	$7.046B	$5.251B	$6.234B	$6.616B	$5.225B	$6.170B	$7.314B	$7.111B	$6.613B	$5.930B	$5.601B	$4.403B	$3.203B	$3.788B	$4.086B	$3.394B	$2.537B	$2.072B	$1.968B	$2.588B	$5.309B	$4.946B	$4.475B	$4.964B	$5.171B	$4.791B	$4.103B	$3.636B	$2.865B	$2.115B	$1.681B
YoY Change	16.13%	16.58%	34.19%	-15.76%	-5.78%	26.62%	-15.31%	-15.65%	2.85%	7.53%	11.53%	5.88%	27.2%	37.46%	-15.45%	-7.29%	20.38%	33.78%	22.45%	5.27%	-23.94%	-51.25%	7.34%	10.52%	-9.85%	-4.0%	7.92%	16.78%	12.83%	26.92%	35.45%	25.8%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $1.1986 Billion

About FOREIGN TRADE BANK OF LATIN AMERICA, INC.

Banco Latinoamericano de Comercio Exterior SA is engaged in the provision of trade financing to commercial banks, middle-market companies and corporations. The Bank is established to support the financing of trade and economic integration in Latin America and the Caribbean. The firm operates in two segments: Commercial and Treasury. The Bank's Commercial segment incorporates all of the Bank's financial intermediation and fees generated by the commercial portfolio activities, such as origination of bilateral and syndicated credits, short- and medium-term loans, acceptances and contingent credits. The Bank's Treasury segment incorporates deposits in banks and all of the Bank's trading assets, securities available-for-sale and held-to-maturity, and the balance of the investment funds. The Bank serves a range of sectors, including oil and gas, agribusiness, food processing and manufacturing. Its products and services are categorized into three main areas: Financial Intermediation Business, Structuring and Syndications Business and Treasury.

Industry: Commercial Banks, NEC Peers: