---
title: "Panama's Bladex Q1 net profit rises on higher business volumes"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284275316.md"
datetime: "2026-04-27T22:13:44.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284275316.md)
  - [en](https://longbridge.com/en/news/284275316.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284275316.md)
---

# Panama's Bladex Q1 net profit rises on higher business volumes

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Overview

-   Panama multinational bank’s Q1 net profit rose 9% yr/yr to $56.4 mln
-   Q1 revenue grew 7% yr/yr to $83.1 mln; EPS fell 7% yr/yr to $1.31
-   Board approved quarterly dividend of $0.6875 per share for Q1

Outlook

-   Bladex did not provide specific guidance or forecasts for the current qtr or full yr

Result Drivers

-   BALANCE SHEET EXPANSION - Co said net profit growth was supported by continued balance sheet expansion and higher average business volumes
-   FEE GENERATION - Higher fees from off-balance sheet business and loan syndication contributed to non-interest income growth
-   COST CONTROL - Efficiency ratio improved as revenue growth outpaced higher operating expenses related to technology and modernization investments Company press release:

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

### Q1 $83.10

Revenue mln

### Q1 EPS $1.31

Q1 Net $56.40

Income mln

Q1 Net $70.20

Interest mln

Income

### Q1 -$4.70

Credit mln

Loss

Provisio

n

Q1 -$22 mln

Operatin

g

Expenses

Analyst Coverage

-   The current average analyst rating on the shares is “buy” and the breakdown of recommendations is 5 “strong buy” or “buy”, no “hold” and no “sell” or “strong sell”
-   The average consensus recommendation for the corporate financial services peer group is “buy”
-   Wall Street’s median 12-month price target for Banco Latinoamericano de Comercio Exterior SA is $63.00, about 11.2% above its April 27 closing price of $56.64
-   The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 7 three months ago For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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