NYSE:BLX
Banco Latinoamericano De Comercio Exterior SA (BLX)
Financials 
Technical Analysis 
Jul 2, 2026, 12:00 amThis summary was created by AI, based on 8 opinions in the last 12 months.
Banco Latinoamericano De Comercio Exterior SA (BLX) has consistently been touted as a top pick by analysts, supported by strong recent earnings that demonstrate record commercial loans and deposits. The bank is focused on growing its business in the South American market while simultaneously increasing cash reserves and paying down debt. It has a favorable valuation, trading at earnings multiples of 10x and 8x in different reports, with a solid return on equity (ROE) ranging from 14% to 16%. The dividend yield is robust, backed by a payout ratio below 50% of cash flow, and has seen impressive growth, including a 30% annual increase over the past five years in some assessments. Analysts generally recommend setting trailing stop-loss levels to manage risk effectively, with price targets suggesting significant upside potential.
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Premium contentWe reiterate BLX, a Latin American bank, as a TOP PICK. Recently reported earnings showed all-time record commercial revenues and deposits, fueled by a 24% increase in fee and commission income. Cash reserves are growing, while debt is retired. The dividend is backed by a payout ratio under 50% of cash flow. We continue to recommend a stop at $50.00, looking to achieve $66.50 -- upside potential of 22%. Yield 5.2%
(Analysts’ price target is $66.60)Premium contentPremium contentFollowing the recent release of earnings, showing a 22% increase in deposits, we reiterate this Latin American bank based in Panama as a TOP PICK. It trades at 8x earnings, 1.1x book, and supports a 15% ROE. The robust dividend is backed by a payout ratio under 50% of cash flow and has grown by 17% annually over the past five years. We continue to recommend a stop at $46, looking to achieve $60 — upside potential of 18%.
(Analysts’ price target is $60.40)Premium contentPremium contentFollowing recently reported profit increase of 11%, a 21% increase in net deposits to record levels and a 34% increase in fees collected, we again reiterate this Panama based development bank as a TOP PICK. Cash reserves are growing, while debt is retired. It trades at 7x earnings, 1.1x book and supports a 16% ROE. The generous dividend is backed by a payout ratio under 40% of cash flow. We continue to recommend a stop at $40, looking to achieve $56 -- upside potential of 26%. Yield 5.6%
(Analysts’ price target is $56.00)Premium contentPremium contentPremium contentBLX is the largest commercial bank operating in Panama. Recently reported earnings showed a 23% increase in deposits as well as net income. It trades at 7x earnings, at book value and supports a 16% ROE. Cash reserves are growing, while supporting a robust dividend yield whose payout ratio is under 40% of cash flow. We recommend setting a stop-loss at $32, looking to achieve $47 — upside potential of 24%. Yield 5.6%
(Analysts’ price target is $47.29)- «
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Banco Latinoamericano De Comercio Exterior SA (BLX) Frequently Asked Questions
What is Banco Latinoamericano De Comercio Exterior SA stock symbol?
Banco Latinoamericano De Comercio Exterior SA is a American stock, trading under the symbol BLX (previously BLX-N on Stockchase) on the New York Stock Exchange (BLX). It is usually referred to as NYSE:BLX or BLX
Is Banco Latinoamericano De Comercio Exterior SA a buy or a sell?
In the last year, 8 stock analysts issued a Buy, Sell, or Hold rating on BLX (previously BLX-N on Stockchase). 8 analysts recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating is TOP PICK. Read the latest stock experts' ratings for Banco Latinoamericano De Comercio Exterior SA.
Is Banco Latinoamericano De Comercio Exterior SA a good investment or a top pick?
Banco Latinoamericano De Comercio Exterior SA was recommended as a Top Pick by The Panic-Proof Portfolio (Stockchase Research) on 2025-03-25. Read the latest stock experts ratings for Banco Latinoamericano De Comercio Exterior SA.
Why is Banco Latinoamericano De Comercio Exterior SA stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Banco Latinoamericano De Comercio Exterior SA.
Is Banco Latinoamericano De Comercio Exterior SA worth watching?
Banco Latinoamericano De Comercio Exterior SA is covered by Stockchase experts and is worth watching.
What is Banco Latinoamericano De Comercio Exterior SA stock price?
On 2026-07-02, Banco Latinoamericano De Comercio Exterior SA (BLX) stock closed at a price of $59.26.
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Following recently reported earnings that set records for commercial loans and deposits, we reiterate BLX as a TOP PICK. The Panama based bank is growing business in the the South American market while growing cash reserves and aggressively retiring debt. It trades at 10x earnings, 1.3x book and supports a 14% ROE. The dividend is backed by a payout ratio under 50% of cash flow and has been growing 30% annually over the past five years. We recommend trailing up the stop (from $50) to $53, looking to achieve $71 -- upside potential of 18%.
(Analysts’ price target is $66.60)