Banco Latinoamericano de Comercio Exterior S. A (NYSE:BLX) Full Year 2024 Results
Key Financial Results
- Revenue: US$286.3m (up 20% from FY 2023).
- Net income: US$205.9m (up 24% from FY 2023).
- Profit margin: 72% (up from 70% in FY 2023). The increase in margin was driven by higher revenue.
- EPS: US$5.60 (up from US$4.56 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Banco Latinoamericano de Comercio Exterior S. A Meets Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.
Looking ahead, revenue is forecast to grow 9.6% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Diversified Financial industry in the US.
Performance of the American Diversified Financial industry.
The company's shares are up 11% from a week ago.
Risk Analysis
Before you take the next step you should know about the 1 warning sign for Banco Latinoamericano de Comercio Exterior S. A that we have uncovered.
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