Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) is Beddow Capital Management Inc.’s 2nd Largest Position

Posted by Amy Steele on Mar 22nd, 2025

Beddow Capital Management Inc. trimmed its stake in shares of Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX – Free Report) by 0.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 390,161 shares of the bank’s stock after selling 1,000 shares during the period. Banco Latinoamericano de Comercio Exterior, S. A. comprises about 5.7% of Beddow Capital Management Inc.’s holdings, making the stock its 2nd biggest holding. Beddow Capital Management Inc. owned 1.07% of Banco Latinoamericano de Comercio Exterior, S. A. worth $13,878,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, SBI Securities Co. Ltd. purchased a new stake in Banco Latinoamericano de Comercio Exterior, S. A. in the 4th quarter worth about $74,000. Institutional investors and hedge funds own 19.47% of the company’s stock.

Banco Latinoamericano de Comercio Exterior, S. A. Stock Down 2.3 %

Shares of Banco Latinoamericano de Comercio Exterior, S. A. stock opened at $37.14 on Friday. The stock has a 50-day moving average price of $38.37 and a 200 day moving average price of $35.29. The company has a market cap of $1.36 billion, a P/E ratio of 6.79 and a beta of 1.13. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 2.73. Banco Latinoamericano de Comercio Exterior, S. A. has a 1 year low of $27.37 and a 1 year high of $42.88.

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX – Get Free Report) last announced its quarterly earnings data on Thursday, February 27th. The bank reported $1.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.33. The firm had revenue of $78.40 million during the quarter, compared to the consensus estimate of $54.84 million. Banco Latinoamericano de Comercio Exterior, S. A. had a return on equity of 16.01% and a net margin of 24.29%. As a group, analysts expect that Banco Latinoamericano de Comercio Exterior, S. A. will post 4.6 EPS for the current fiscal year.

Banco Latinoamericano de Comercio Exterior, S. A. Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 25th. Investors of record on Monday, March 10th will be paid a $0.625 dividend. This is an increase from Banco Latinoamericano de Comercio Exterior, S. A.’s previous quarterly dividend of $0.50. This represents a $2.50 annualized dividend and a yield of 6.73%. The ex-dividend date of this dividend is Monday, March 10th. Banco Latinoamericano de Comercio Exterior, S. A.’s dividend payout ratio is currently 44.64%.

Banco Latinoamericano de Comercio Exterior, S. A. Company Profile

(Free Report)

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.