Banco Latinoamericano: Q4 Earnings Snapshot
PANAMA CITY (AP) _ Banco Latinoamericano de Comercio Exterior SA (BLX) on Tuesday reported fourth-quarter earnings of $20.1 million.
The Panama City-based bank said it had earnings of 54 cents per share.
The bank created in South and Central America to provide trade financing posted revenue of $44 million in the period. Its revenue net of interest expense was $29.8 million, beating Street forecasts.
For the year, the company reported profit of $62.7 million, or $1.62 per share. Revenue was reported as $104.2 million.
Banco Latinoamericano shares have fallen almost 6% since the beginning of the year. The stock has fallen 1.5% in the last 12 months.