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Banco Latinoamericano: Q1 Earnings Snapshot

May 4, 2022 GMT

PANAMA CITY (AP) _ Banco Latinoamericano de Comercio Exterior SA (BLX) on Wednesday reported first-quarter earnings of $11.1 million.

The Panama City-based bank said it had earnings of 31 cents per share.

The bank created in South and Central America to provide trade financing posted revenue of $49.5 million in the period. Its revenue net of interest expense was $30.3 million, which topped Street forecasts.

Banco Latinoamericano shares have decreased almost 10% since the beginning of the year. The stock has risen slightly in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BLX at https://www.zacks.com/ap/BLX