Opinions
The Panic-Proof Portfolio (Stockchase Research)
Banco Latinoamericano De Comercio Exterior SA
BLX-N
TOP PICK
Mar 25, 2025
$37.580
Stock price when the opinion was issued
banks
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
BLX 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)