Banco Latinoamericano Reports Q4 Earnings: $56M, $1.50 EPS, Shares at $49.68
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Banco Latinoamericano de Comercio Exterior SA (BLX) released Q4 results showing earnings of $56 million and $1.50 per share. Revenue for the period was $209 million, with revenue net of interest expense reaching $88.8 million, exceeding analyst forecasts. For the full year, BLX reported profit of $226.9 million, or $6.11 per share, on revenue of $339.6 million. Shares climbed 11% this year, closing at $49.68, a 32% gain from the last 12 months.
EditorWong Mei Ling