Added to YB: 2023-04-02
Pitch date: 2023-04-02
BLX [bullish]
Bladex Inc.
+283.32%
current return
Author Info
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Company Info
Bladex Inc., a multinational bank, engages in financing of foreign trade and economic integration in Latin America and the Caribbean.
Market Cap
$2.0B
Pitch Price
$14.20
Price Target
25.00 (-54%)
Dividend
5.06%
EV/EBITDA
N/A
P/E
8.97
EV/Sales
N/A
Sector
Financial Services
Category
dividend
Show full summary:
Banco Latinoamericano de Comercio Exterior (BLX)
BLX: LatAm trade finance bank, immune to US banking turmoil. Deposits from regional central banks (also its board) = ultra-stable, crisis-resilient funding; corporate-only, no retail/FDIC exposure. Stock gave back post-earnings gains despite strong results. OPEC $75 oil floor aids region. Target mid-$20s in 1yr + 5.8% dividend yield.
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