Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX – Get Free Report) announced its quarterly earnings data on Thursday. The bank reported $1.40 earnings per share (EPS) for the quarter, Zacks reports. Banco Latinoamericano de Comercio Exterior, S. A. had a net margin of 24.29% and a return on equity of 16.01%.
Banco Latinoamericano de Comercio Exterior, S. A. Trading Down 0.3 %
Banco Latinoamericano de Comercio Exterior, S. A. stock traded down $0.11 during mid-day trading on Thursday, hitting $38.33. The company’s stock had a trading volume of 115,982 shares, compared to its average volume of 106,050. The company has a debt-to-equity ratio of 2.73, a quick ratio of 1.77 and a current ratio of 1.77. The company has a 50 day moving average of $37.34 and a 200-day moving average of $34.28. Banco Latinoamericano de Comercio Exterior, S. A. has a one year low of $27.05 and a one year high of $39.40. The stock has a market cap of $1.40 billion, a PE ratio of 7.01 and a beta of 1.16.
Banco Latinoamericano de Comercio Exterior, S. A. Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 25th. Investors of record on Monday, March 10th will be paid a dividend of $0.625 per share. This is a positive change from Banco Latinoamericano de Comercio Exterior, S. A.’s previous quarterly dividend of $0.50. This represents a $2.50 dividend on an annualized basis and a dividend yield of 6.52%. Banco Latinoamericano de Comercio Exterior, S. A.’s dividend payout ratio (DPR) is currently 36.56%.
About Banco Latinoamericano de Comercio Exterior, S. A.
Banco Latinoamericano de Comercio Exterior, S. A., a multinational bank, primarily engages in the financing of foreign trade in Latin America and the Caribbean. The company operates in two segments, Commercial and Treasury. It offers bilateral loans; structured loans including syndicated and clubbed, such as acquisition and pre-export financing, A/B loan financing, bridge loans, and liability management; and project financing.
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