Bladex, Inc. filed a Form 6-K with the U.S. Securities and Exchange Commission on October 28, 2026, reporting its financial results for the third quarter and nine months ended September 30, 2026.

Key Highlights

  • Net profit of $63.2 million in 3Q26, up 15% year over year, and $186.0 million for the nine months ended September 30, 2026, up 9% year over year, according to the filing.
  • Earnings per share totaled $1.48 for 3Q26 and $4.56 for 9M26, with the bank noting that AT1 coupon distributions affect year-over-year EPS comparability since the AT1 was issued in September 2025.
  • Record Net Interest Income of $79.8 million in 3Q26, an 18% increase year over year, with Net Interest Margin at 2.30% for the quarter.
  • Credit Portfolio reached a record $16,584 million as of September 30, 2026, a 35% increase year over year, including a Commercial Portfolio of $14,976 million.
  • Deposit base reached $7,912 million at the end of 3Q26, up 16% year over year, representing 56% of the bank's total funding sources.
  • Tier 1 Basel III Capital Ratio stood at 16.2% and the Regulatory Capital Adequacy Ratio at 14.3% at the end of 3Q26.
  • Liquidity Coverage Ratio reached 148% at the end of 3Q26, with liquid assets of $1,960 million, or 12% of total assets.

Bladex 3Q26 Results: Profitability, Portfolio Growth, and Capital Position

Bladex, Inc. (NYSE:BLX), a Panama-based multinational bank originally established by the central banks of 23 Latin-American and Caribbean countries, reported its third-quarter 2026 results via a Form 6-K filed October 28, 2026. According to the filing, the consolidated financial information was prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board. Net profit for 3Q26 was $63.2 million, compared with $55.0 million in 3Q25, representing a 15% year-over-year increase. For the nine-month period, net profit totaled $186.0 million versus $170.9 million in 9M25.

The filing reported that record Net Interest Income of $79.8 million in 3Q26 was driven primarily by higher average business volumes, with the bank noting that a 6 basis point quarter-over-quarter improvement in NIM benefited from "accelerated recognition of deferred fees following repayments of certain medium-term loans, along with improved funding spreads and efficient liquidity management." Fees and non-interest income totaled $19.3 million in 3Q26, up 26% year over year, representing 19% of total revenues for the quarter. The Efficiency Ratio for 3Q26 was 25.8%, unchanged from 3Q25.

The bank's Credit Portfolio grew to $16,584 million as of September 30, 2026, including a Commercial Portfolio of $14,976 million. The filing noted that Commercial Portfolio growth reflected "a significant short-term transaction with the Government of Panama." Asset quality remained stable, with 99.1% of the credit portfolio classified as low-risk or Stage 1 at the end of 3Q26. Stage 3 impaired credit principal balances totaled $75.1 million, or 0.4% of the total Credit Portfolio, with a reserve coverage of 1.4 times. The Adjusted Return on Equity, excluding other equity instruments, stood at 15.0% for 3Q26 and 15.2% for 9M26, while ROE including the AT1 effect was 14.2% in 3Q26.

What Was Disclosed

Bladex filed a Form 6-K disclosing third-quarter and nine-month 2026 financial results, covering net profit, net interest income, credit portfolio size, asset quality, deposits, liquidity, and capital adequacy ratios for the period ended September 30, 2026.