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Banco Latinoamericano: 2Q Earnings Snapshot

July 19, 2019

PANAMA CITY (AP) _ Banco Latinoamericano de Comercio Exterior SA (BLX) on Friday reported second-quarter earnings of $22.3 million.

The Panama City-based bank said it had earnings of 56 cents per share.

The bank created in South and Central America to provide trade financing posted revenue of $76.2 million in the period. Its revenue net of interest expense was $33.6 million, missing Street forecasts.

Banco Latinoamericano shares have risen 19% since the beginning of the year. The stock has declined 14% in the last 12 months.

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