Bladex announces 4Q24 Net Profit of $51.5 Million, or $1.40 per share, reaching an annual record Net Profit of $205.9 Million, or $5.60 per share

About this update from Banco Latinoamericano De Comercio Exterior, S.a.

[{"type":"text","content":"PANAMA CITY, Feb. 27, 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 Fourth Quarter ("4Q24") and Full-year ("FY24") ended December 31, 2024.","length":470,"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":144,"url":"https://media.zenfs.com/en/prnewswire.com/66e417dec5f653435feffd75de54190e"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/OVQVuJnqx4GJbQvyTi673Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI1NDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/66e417dec5f653435feffd75de54190e","width":400,"height":144}},"href":"https://mma.prnewswire.com/media/1769043/Bladex_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":"Record annual Net Profits of $205.9 million in FY24 (+24% YoY), fostered by higher total revenues (+14% YoY), strong efficiency levels and contained credit costs.  These remarkable results boosted the Bank's Return on Equity ("ROE") to 16.2% in FY24 (+153 bps YoY).","length":289,"tagName":"p"}]},{"val":[{"type":"text","content":"Strong quarterly profitability, with $51.5 million Net Profit (+11% YoY), enhanced by improved top line performance, reaching an annualized ROE of 15.5% in 4Q24 (stable YoY).","length":174,"tagName":"p"}]},{"val":[{"type":"text","content":"Record Level Net Interest Income ("NII") of $66.9 million in 4Q24 (+2% YoY) and $259.2 million in FY24 (+11% Yo...

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