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Banco Latinoamericano de Comercio Exterior S. A Third Quarter 2022 Earnings: EPS: US$0.74 (vs US$0.41 in 3Q 2021)

Banco Latinoamericano de Comercio Exterior S. A (NYSE:BLX) Third Quarter 2022 Results

Key Financial Results

  • Revenue: US$41.5m (up 59% from 3Q 2021).

  • Net income: US$26.9m (up 71% from 3Q 2021).

  • Profit margin: 65% (up from 60% in 3Q 2021). The increase in margin was driven by higher revenue.

  • EPS: US$0.74 (up from US$0.41 in 3Q 2021).

earnings-and-revenue-history
earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Banco Latinoamericano de Comercio Exterior S. A's share price is broadly unchanged from a week ago.

Risk Analysis

You still need to take note of risks, for example - Banco Latinoamericano de Comercio Exterior S. A has 2 warning signs (and 1 which is concerning) we think you should know about.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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