Last update at 2025-05-16T16:50:00Z
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Banco Latinoamericano: Q1 Earnings Snapshot
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Thu 13 Mar 25, 07:00 PMBreakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Income before tax | 92.04M | 62.70M | 63.59M | 86.05M | 11.14M |
Minority interest | - | - | - | - | - |
Net income | -92.57000M | 62.70M | 63.59M | 86.05M | 11.14M |
Selling general administrative | 34.22M | 21.65M | 21.46M | 24.18M | 27.99M |
Selling and marketing expenses | 0.56M | 0.18M | 0.10M | 0.29M | 0.34M |
Gross profit | 166.67M | 101.46M | 99.16M | 126.23M | 70.07M |
Reconciled depreciation | 2.71M | 3.49M | 4.34M | 3.56M | 2.46M |
Ebit | 276.65M | 62.70M | 63.59M | 86.05M | 159.88M |
Ebitda | 279.37M | 66.19M | 67.93M | 89.61M | 162.34M |
Depreciation and amortization | 2.71M | 3.49M | 4.34M | 3.56M | 2.46M |
Non operating income net other | - | - | - | - | - |
Operating income | 276.65M | 62.70M | 63.59M | 86.05M | 159.88M |
Other operating expenses | 109.98M | -42.25100M | -35.56400M | -40.17400M | 89.81M |
Interest expense | 184.61M | 54.10M | 88.52M | 164.17M | 148.75M |
Tax provision | - | - | - | - | - |
Interest income | 332.62M | 86.80M | 180.97M | 273.68M | 258.49M |
Net interest income | 148.01M | 86.80M | 92.45M | 109.52M | 109.74M |
Extraordinary items | - | - | - | - | - |
Non recurring | - | - | - | - | - |
Other items | - | - | - | - | - |
Income tax expense | 184.61M | 54.10M | 88.52M | 164.17M | 148.75M |
Total revenue | 166.67M | 104.95M | 99.16M | 126.23M | 70.07M |
Total operating expenses | 109.98M | -42.25100M | -35.56400M | -40.17400M | 89.81M |
Cost of revenue | - | 3.49M | - | - | 2.91M |
Total other income expense net | -184.61000M | -54.10100M | -88.52300M | -164.16700M | -148.74700M |
Discontinued operations | - | - | - | - | - |
Net income from continuing ops | 92.04M | 62.70M | 63.59M | 86.05M | 11.14M |
Net income applicable to common shares | 92.04M | 62.70M | 63.59M | 86.05M | 11.14M |
Preferred stock and other adjustments | - | - | - | - | - |
Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
Total assets | 10743.79M | 9283.91M | 8038.11M | 6288.90M | 7249.67M |
Intangible assets | 2.60M | 2.10M | 1.59M | 1.98M | 1.43M |
Earning assets | - | - | 1044.23M | 500.21M | 215.63M |
Other current assets | 2427.03M | 217.03M | 5933.77M | 4980.52M | 5917.19M |
Total liab | 9539.97M | 8214.56M | 7046.32M | 5250.98M | 6233.50M |
Total stockholder equity | 1203.82M | 1069.35M | 991.79M | 1037.92M | 1016.17M |
Deferred long term liab | - | - | - | - | - |
Other current liab | 913.10M | -2195.19000M | -1595.60500M | -393.32900M | -1612.58100M |
Common stock | 279.98M | 279.98M | 279.98M | 279.98M | 279.98M |
Capital stock | 279.98M | 279.98M | 279.98M | 279.98M | 279.98M |
Retained earnings | 673.28M | 543.61M | 487.88M | 464.09M | 446.08M |
Other liab | - | 6.36M | 18.16M | 6.10M | 5.77M |
Good will | - | - | - | - | - |
Other assets | 439.97M | 6999.31M | 5909.06M | 4980.52M | 5920.77M |
Cash | 1987.07M | 1241.59M | 1253.05M | 863.81M | 1178.17M |
Cash and equivalents | - | - | - | - | - |
Total current liabilities | 2963.84M | 62.55M | 1595.61M | 393.33M | 1612.58M |
Current deferred revenue | 9.65M | - | - | - | - |
Net debt | 2631.44M | 5386.86M | 2068.86M | 1121.26M | 1960.14M |
Short term debt | 2035.94M | 2195.19M | 1583.05M | 382.18M | 1596.81M |
Short long term debt | 1724.61M | 2194.22M | 1582.06M | 380.94M | 1595.66M |
Short long term debt total | 4678.89M | 6628.45M | 3321.91M | 1985.07M | 3138.31M |
Other stockholder equity | 11.87M | 6.40M | 4.24M | 62.41M | 60.69M |
Property plant equipment | - | 17.28M | 17.78M | 16.21M | 18.75M |
Total current assets | 1987.07M | 1241.59M | 1277.76M | 892.11M | 1219.93M |
Long term investments | 1022.13M | 1023.63M | 831.91M | 398.07M | 88.79M |
Net tangible assets | - | 1067.24M | 990.20M | 1035.94M | 1014.74M |
Short term investments | -864.86400M | - | - | - | - |
Net receivables | 115.53M | 72.96M | 24.71M | 28.30M | 41.76M |
Long term debt | 4351.99M | 4416.51M | 3321.91M | 1985.07M | 1522.73M |
Inventory | -2102.59700M | - | -24.70900M | - | - |
Accounts payable | 5.14M | 62.55M | 12.55M | 11.15M | 15.77M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | - | - | - | - | - |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | 238.69M | 239.35M | 219.68M | 231.44M | 229.41M |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | - | - | - | 279.98M | 279.98M |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | - | - | - | - | - |
Treasury stock | - | - | -115.79900M | -57.99900M | -59.66900M |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | 8140.09M | -1043.01800M | -851.28700M | -416.26500M | -108.97300M |
Deferred long term asset charges | - | - | - | - | - |
Non current assets total | 8316.76M | 1043.02M | 851.29M | 416.26M | 108.97M |
Capital lease obligations | 16.71M | 16.75M | 17.73M | 18.80M | 19.91M |
Long term debt total | - | 4433.26M | 3321.91M | 1985.07M | 1541.50M |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Investments | -166.65900M | -445.27600M | -317.59700M | 31.07M | -21.52500M |
Change to liabilities | 0.00000M | 0.00000M | 0.00000M | 0.00000M | 0.00000M |
Total cashflows from investing activities | -166.65900M | -446.08200M | -319.90400M | 31.07M | -21.52500M |
Net borrowings | 952.39M | 1781.44M | -1196.54600M | -426.22600M | 1342.87M |
Total cash from financing activities | 916.25M | 1682.79M | -1241.21500M | -485.10700M | 1282.50M |
Change to operating activities | -1048.49400M | -852.16100M | 915.47M | -79.99400M | -304.56400M |
Net income | 92.04M | 62.70M | 63.59M | 86.05M | 11.14M |
Change in cash | -20.06500M | 364.99M | -313.71000M | -546.47400M | 1087.38M |
Begin period cash flow | 1211.00M | 846.01M | 1159.72M | 1706.19M | 618.81M |
End period cash flow | 1190.94M | 1211.00M | 846.01M | 1159.72M | 1706.19M |
Total cash from operating activities | -769.65300M | -871.71400M | 1247.41M | -92.43200M | -173.58800M |
Issuance of capital stock | - | - | - | - | - |
Depreciation | 2.71M | 3.49M | 4.34M | 3.56M | 2.46M |
Other cashflows from investing activities | -163.93800M | -445.27600M | 0.00100M | 0.00100M | 0.00100M |
Dividends paid | -36.14100M | -38.57000M | -44.66900M | -58.88100M | 61.54M |
Change to inventory | - | - | - | - | - |
Change to account receivables | - | - | - | - | - |
Sale purchase of stock | 0.00000M | -60.07900M | 0.00000M | 0.00000M | -2.44200M |
Other cashflows from financing activities | 1490.17M | 1880.18M | -414.15800M | -56.31100M | 1602.65M |
Change to netincome | 29.60M | 16.93M | 13.44M | -23.22500M | 75.40M |
Capital expenditures | 2.72M | 0.81M | 2.31M | 1.52M | 0.66M |
Change receivables | - | - | - | - | - |
Cash flows other operating | - | - | - | - | - |
Exchange rate changes | - | - | - | - | - |
Cash and cash equivalents changes | - | - | - | - | - |
Change in working capital | -894.00600M | -954.83300M | 1166.04M | -158.81600M | -262.58600M |
Stock based compensation | 2.16M | 1.91M | 1.72M | 1.78M | 1.05M |
Other non cash items | 27.44M | -86.78200M | -92.45000M | -109.51500M | -109.74300M |
Free cash flow | -772.37400M | -872.52000M | 1245.10M | -93.95600M | -174.24900M |
Sector: Financial Services Industry: Banks - Regional
Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) |
---|---|---|---|---|---|---|---|
BLX Foreign Trade Bank of Latin America Inc |
-0.91 2.25% | 39.51 | 6.25 | - | 4.61 | 0.99 | 17.76 |
HDB HDFC Bank Limited ADR |
-0.6 0.82% | 72.73 | 20.81 | 20.96 | 0.11 | 4.77 | |
CIHKY China Merchants Bank Co Ltd |
0.09 0.29% | 31.33 | 6.61 | 5.68 | 0.48 | 0.77 | 3.43 |
CIHHF China Merchants Bank Co Ltd Class H |
- -% | 5.09 | 6.10 | 5.67 | 0.44 | 0.77 | 3.43 |
IBN ICICI Bank Limited |
-0.085 0.25% | 33.92 | 17.79 | 16.95 | 0.07 | 3.08 |
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. The company also provides letter of credit comprising import and export letters of credit, and credit discounting and financing, as well as usance payable at sight; stand-by services; bank guarantees, including first demand and local guarantees; import and export documentary collection; irrevocable reimbursement undertaking; and canal tolls. In addition, it offers liquidity and investment solutions, such as time deposits, DDA accounts, Yankee certificate of deposits, and EMTN private placement services, as well as supply chain finance services. The company primarily serves financial institutions, corporations, and sovereigns and state-owned entities. Banco Latinoamericano de Comercio Exterior, S. A.was formerly known as Banco Latinoamericano de Exportaciones, S.A. and changed its name to Banco Latinoamericano de Comercio Exterior, S. A. in June 2009. The company was founded in 1975 and is headquartered in Panama City, the Republic of Panama.
Torre V, Business Park, Panama City, Panama
Name | Title | Year Born |
---|---|---|
Mr. Jorge L. Salas | Chief Exec. Officer | 1971 |
Ms. Ana Graciela de Mendez | Exec. VP & CFO | 1967 |
Ms. Erica Lijtztain | Exec. VP & COO | 1972 |
Mr. Carlos Daniel Raad Baene | Exec. VP, Head of Investor Relations & Chief Investor Relations Officer | NA |
Mr. Jorge Luis Real | Exec. VP, Chief Legal Officer & Corp. Sec. | 1974 |
Mr. Alejandro Tizzoni | Exec. VP & Chief Risk Officer | 1978 |
Ms. Monica Cosulich | Sr. VP of Fin. & Investor Relations | NA |
Mr. Olazhir Ledezma | Exec. VP of Strategic Planning | 1972 |
Ms. Adriana Lizzeth Diaz Forero | Exec. VP & Chief Audit Officer | 1984 |
Mr. Samuel Canineu | Exec. VP & Chief Commercial Officer | 1982 |
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