Business
Bladex announces 1Q25 Net Profit of $51.7 Million, or $1.40 per share, resulting in an annualized return on equity of 15.4%
Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX, "Bladex", or "the Bank"), a Panama-based multinational bank originally established by the central banks of 23 Latin-American and Caribbean countries to promote foreign trade and economic integration in the Region, announced today its results for the First Quarter ("1Q25") ended March 31, 2025.
About this update from Banco Latinoamericano De Comercio Exterior, S.a.
[{"type":"text","content":"PANAMA CITY, May 5, 2025 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX, "Bladex", or "the Bank"), a Panama-based multinational bank originally established by the central banks of 23 Latin-American and Caribbean countries to promote foreign trade and economic integration in the Region, announced today its results for the First Quarter ("1Q25") ended March 31, 2025.","length":426,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/Banco Latinoamericano de Comercio Exterior, S.A. (Bladex))","displaySize":"","headline":null,"caption":"(PRNewsfoto/Banco Latinoamericano de Comercio Exterior, S.A. (Bladex))","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":197,"url":"https://media.zenfs.com/en/prnewswire.com/7f188a3e2e958499fdb822f6d0ef5f29"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/ipGpBjWLxez2qDVlQmulHA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM0NztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/7f188a3e2e958499fdb822f6d0ef5f29","width":400,"height":197}},"href":"https://mma.prnewswire.com/media/2665948/PNG_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The consolidated financial information in this document has been prepared in accordance with International Financial Reporting Standards ("IFRS") as issued by the International Accounting Standards Board ("IASB").","length":233,"tagName":"p"},{"type":"text","content":"Financial & Business Highlights","length":35,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Solid quarterly trend profitability, with Net Profits of $51.7 million in 1Q25 (+1% YoY), fostered by strong top-line performance, as total revenues increased +7% YoY. Annualized Return on Equity ("ROE") reached 15.4% in 1Q25.","length":242,"tagName":"p"}]},{"val":[{"type":"text","content":"Net Interest Income ("NII") increased 4% YoY to $65.3 million in 1Q25, mainly driven by the constant increase in business volumes. Net Interest Margin ("NIM") stood at 2.36% in 1Q25 on the impact of lower market rates coupled with increased USD market liquidity driving competitive pricing.","length":315,"tagName":"p"}]},{"val":[{"type":"text","content":"Fee Income remained strong at $10.6 million for 1Q25 (+12% YoY), stemming ...
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