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Banco Latinoamericano: Q4 Earnings Snapshot

Banco Latinoamericano: Q4 Earnings Snapshot

By AP News
Published - Feb 28, 2023, 05:18 AM ET
Last Updated - Jun 22, 2023, 07:11 PM EDT

PANAMA CITY (AP) — PANAMA CITY (AP) — Banco Latinoamericano de Comercio Exterior SA (BLX) on Monday reported fourth-quarter net income of $31 million.

The Panama City-based bank said it had earnings of 85 cents per share.

The bank created in South and Central America to provide trade financing posted revenue of $134.7 million in the period. Its revenue net of interest expense was $53.2 million, surpassing Street forecasts.

For the year, the company reported profit of $92 million, or $2.54 per share. Revenue was reported as $166.7 million.

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