All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by it ...

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus. Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that ...

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it ...

Core Viewpoint - Bladex reported strong 2Q24 results, continuing a year-long expansion trend in its book size, income, and fees, while maintaining a low efficiency ratio [1][2]. Financial Performance - The bank's net income for 2Q24 reached $50 million, a 35% increase year-over-year, with a similar growth rate observed for the first half of 2024 [3]. - Bladex's credit book expanded by 13% year-over-year, leading to a 15% increase in net interest income, primarily driven by traditional loan products with durations of less than a year [6]. - Deposits grew by 40% year-over-year, replacing other forms of financing and enhancing the balance sheet's efficiency and risk profile [6]. Efficiency and Operations - The efficiency ratio improved to 24%, positioning Bladex as one of the most efficient banks globally, with management aiming to keep it below 30% for the year despite expected expense growth in the second half of 2024 [3][6]. - The bank's fee-generating business, particularly in credit commitments and letters of credit, saw a 36% year-over-year growth, resulting in a fee increase of over 90% year-over-year [6]. Risk Factors - The primary risk for Bladex is a potential global recession impacting Latin American trade patterns, particularly through commodity bear markets, which could lead to lower trade volumes and increased competition [4]. - Despite the recession risk, Bladex's credit is tied to short-term trade, which may mitigate loan losses even in adverse conditions [4]. Future Outlook - Bladex is positioned to generate between $180 million and $200 million in net income, with potential for higher earnings if Latin American trade grows [4]. - The bank plans to expand its fee-generating products and has acquired a software platform to double the volume of trade financing transactions in the next two years [6].

Jorge Salas - Chief Executive Officer Ana Graciela de Mendez - Executive Vice President and Chief Financial Officer Samuel Canineu - Executive Vice President, Commercial Banking Good morning, ladies and gentlemen, and welcome to Bladex Second Quarter 2024 Earnings Conference Call. A slide presentation is accompanying today's webcast and is also available on the Investors section of the company's website, www.bladex.com. There will be an opportunity for you to ask questions at the end of today's presentation ...

| --- | --- | --- | |------------------------|-------|-------| | | | | | | | | | 2Q24 Earnings Results | | | | July 2024 | | | Steady Margins with Robust Asset Quality Strong Fee Income and Efficiency Improvement Solid Profits and RoE NIM 2.43% ↓ 4 bps QoQ | ↑ 1 bps YoY © NPLs 0.14% 0 bps QoQ | ↓ 1 bps YoY ROE 16.2% ↓ 54 bps QoQ | ↑279 bps YoY 2 11 37 51 23 37 50 6M 2022 6M 2023 6M 2024 2Q24 ROE 16.2% 34 74 101 1Q 2Q 3(USD millions, except for %) Continued Assets Expansion and Commercial Portfolio Growth (U ...

PANAMA CITY, July 23, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank"), announced today its Board of Directors' approval of a quarterly cash dividend of US$0.50 per share corresponding to the second quarter of 2024. The cash dividend is payable August 20, 2024 to the Bank's stockholders as of August 5, 2024 record date. As of June 30, 2024, Bladex had 36,786,976.36 shares outstanding of all classes. Bladex is listed on the NYSE in the United States of America (N ...

2Q24 & 6M24 Financial & Business Highlights Profit for the period $50.1 $51.3 $37.1 $101.4 $74.0 Recent Events Footnotes Safe Harbor Statement Bladex, a multinational bank originally established by the central banks of Latin-American and Caribbean countries, began operations in 1979 to promote foreign trade and economic integration in the Region. The Bank, headquartered in Panama, also has offices in Argentina, Brazil, Colombia, Mexico, and the United States of America, and a Representative License in Peru, ...

High-growth firms or tech start-ups, for example, rarely provide their shareholders a dividend, while larger, more established companies that have more secure profits are often seen as the best dividend options. During periods of rising interest rates, income investors must be mindful that high-yielding stocks tend to struggle. With that in mind, BLX is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of 3 (Hold). Getting big returns fr ...

"We appreciate the partnership with CGI and the future implementation of this powerful technology platform that will allow us to accelerate the deployment of digital solutions which constitutes an important milestone in our continuous service improvement strategy. In this way, we advance in our strategy as a benchmark bank in trade finance solutions in Latin America." Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 90,000 consultants and pro ...