Banco Latinoamericano de Comercio Exterior S.A. (BLX)

FairStock Score: 68/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

Bladex is a trade-finance bank focused on Latin America and the Caribbean. That is a business I can understand: it takes deposits, originates short- and medium-term loans, structures credits, and issues guarantees. Its latest reported quarter, 2026-Q2, showed $98.9 million of revenue and $66.5 million of net income, a 67.19% margin. FairStock's calculations at the 2026-10-13 close show a P/E of 9.01, P/B of 1.17, ROE of 14.74%, dividend yield of 5.04%, and Piotroski F-score of 5/9. At 1.17 times book and less than 10 times earnings, the stock is not obviously expensive, and a 14.74% ROE is respectable for a bank. The 5.04% dividend yield suggests meaningful capital return. But the moat is not wide. Trade finance is competitive and exposed to country risk, political risk, commodity cycles, and credit losses. The data do not give me CET1, net interest margin, loan-loss reserves, non-performing loans, or combined ratio, so I cannot fully judge underwriting or leverage. D/E is N/A. Growth is positive but mixed: the supplied rates show revenue growth of 9.84% and profit growth of 3.54%, though no clean period is stated. The PEG of 2.55 says the price is high relative to that growth, and the FairStock Lynch category is none because only 0 years of filed annual results are available. The FairStock score is 68/100. This looks like a reasonably priced, dividend-paying regional trade bank, not a bargain with a fortress balance sheet proven over many cycles. I would want more bank-specific disclosure before calling it strong.

In plain English: Banco Latinoamericano de Comercio Exterior S.A., known as Bladex, is a bank that helps companies trade and do business across Latin America and the Caribbean. In the latest reported quarter, 2026-Q2, it earned $66.5 million on $98.9 million of revenue, so the business looks profitable. The stock price looks moderate compared with its profits and accounting value, but there are not enough annual results in the supplied data to prove steady long-term performance.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer