Saturday 17 October 2026
Export BLX’s income statement to Excel — free account
Bladex Inc.
Bladex Inc.’s revenue for fiscal 2025 (year ended December 2025) was $836.9 million, up 0.89% from fiscal 2024. In the quarter to June 2026, revenue grew 3.74%, EPS grew 2.31%, free cash flow fell 117.1% and total debt rose 3.61%, each against the same quarter a year earlier. Dividend growth for three consecutive years, revenue growth for three; insiders bought in the last twelve months.
54.67
0.24
+0.44%
Follow BLX
Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 19.63 | 25.51 | 15.31 | 16.83 | 7.73 | 14.30 | 12.58 | 15.71 | 22.93 | 31.14 |
Analyst estimates 2026–2028 Powerpack |
|||
| High | 30.51 | 30.45 | 30.50 | 22.95 | 22.71 | 19.33 | 17.35 | 25.73 | 36.58 | 48.38 | |||||
| People | |||||||||||||||
| People | Employees | 209 | 193 | 167 | 175 | 52 | 184 | 238 | 268 | 322 | 372 | ||||
| Revenue/emp, $m | 1.24 | 1.27 | 1.25 | 1.66 | 3.61 | 0.86 | 1.48 | 2.66 | 2.58 | 2.25 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 259 | 245 | 209 | 291 | 188 | 158 | 351 | 712 | 829 | 837 | ||||
| Gross margin, % | 64.94 | 56.55 | 28.76 | 43.65 | 52.91 | 65.83 | 47.45 | 37.37 | 36.61 | 40.58 | |||||
| EBT | 87 | 82 | 11 | 86 | 64 | 63 | 92 | 166 | 206 | 227 | |||||
| EBT margin, % | 33.65 | 33.53 | 5.33 | 29.54 | 33.83 | 39.60 | 26.20 | 23.33 | 24.82 | 27.11 | |||||
| Net income | 87 | 82 | 11 | 86 | 64 | 63 | 92 | 166 | 206 | 227 | |||||
| Depreciation | 2 | 3 | 3 | 4 | 4 | 3 | 3 | 3 | 4 | 5 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 6.62 | 6.22 | 5.28 | 7.36 | 4.74 | 4.08 | 9.68 | 19.52 | 22.58 | 22.53 | ||||
| Earnings | 2.23 | 2.09 | 0.28 | 2.17 | 1.60 | 1.62 | 2.54 | 4.55 | 5.60 | 6.11 | |||||
| Cash flow | 21.22 | 18.22 | (4.39) | (2.34) | 31.46 | (22.47) | (21.20) | 29.11 | (3.34) | 21.00 | |||||
| Capex | (0.18) | (0.15) | (0.02) | (0.04) | (0.06) | (0.02) | (0.07) | (0.09) | (0.16) | (0.08) | |||||
| Free cash flow | 21.04 | 18.07 | (4.41) | (2.37) | 31.40 | (22.49) | (21.28) | 29.02 | (3.50) | 20.93 | |||||
| Book value | 25.87 | 26.53 | 25.13 | 25.68 | 26.17 | 25.56 | 29.46 | 33.00 | 36.40 | 45.19 | |||||
| Shares, m | 39 | 39 | 40 | 40 | 40 | 39 | 36 | 36 | 37 | 37 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 13.44 | 13.06 | 61.79 | 9.81 | 9.83 | 10.18 | 6.43 | 5.47 | 6.35 | 7.30 | ||||
| P/S | 4.53 | 4.37 | 3.28 | 2.90 | 3.34 | 4.07 | 1.68 | 1.28 | 1.58 | 1.98 | |||||
| P/B | 1.16 | 1.02 | 0.69 | 0.83 | 0.60 | 0.65 | 0.55 | 0.76 | 0.98 | 0.99 | |||||
| EV/Sales | 6.84 | 10.27 | 11.17 | 9.33 | 7.12 | 17.02 | 10.72 | 4.51 | 4.50 | 4.50 | |||||
| EV/FCF | 2.15 | 3.54 | (13.39) | (28.92) | 1.08 | (3.08) | (4.87) | 3.04 | (29.10) | 4.85 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | 829 | 716 | (174) | (92) | 1,247 | (872) | (770) | 1,062 | (123) | 780 | ||||
| Capex | (7) | (6) | (1) | (2) | (2) | (1) | (3) | (3) | (6) | (3) | |||||
| Free cash flow | 822 | 710 | (174) | (94) | 1,245 | (873) | (772) | 1,059 | (129) | 777 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 2,840 | 3,272 | 4,535 | 4,146 | 642 | 3,490 | 4,448 | 4,458 | 4,673 | 4,295 | ||||
| Total debt | 1,777 | 2,212 | 3,518 | 3,138 | 1,603 | 3,304 | 4,417 | 4,352 | 4,389 | 4,030 | |||||
| Net debt | 599 | 1,444 | 1,649 | 1,871 | 711 | 2,051 | 3,175 | 2,305 | 2,424 | 2,107 | |||||
| Shareholders’ equity | 1,011 | 1,043 | 994 | 1,016 | 1,038 | 992 | 1,069 | 1,204 | 1,337 | 1,679 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | 1.13 | 1.22 | 0.16 | 1.16 | 0.94 | 0.88 | 1.06 | 1.66 | 1.82 | 1.84 | ||||
| ROIC | 4.74 | 2.30 | 0.26 | 1.86 | 2.27 | 1.29 | 1.36 | 2.96 | 3.42 | 3.75 | |||||
| ROE | 8.78 | 7.98 | 1.09 | 8.56 | 6.19 | 6.18 | 8.93 | 14.62 | 16.20 | 15.05 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Bladex Inc. vs peers in Banks Regional (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| SRCE 1st Source Corporation | $2.1B | 12.3× | 11.1× | +3.88% (above 0%: growing) | +29.14% (above 0%: growing) | +16.78% (above 0%: growing) | 75.70% | 0.00% | Compare |
| FCF First Commonwealth Financial Corporation | $2.0B | 12.4× | 11.1× | +1.44% (above 0%: growing) | +37.50% (above 0%: growing) | −98.48% (below 0%: shrinking) | 74.84% | 0.00% | Compare |
| TBBK The Bancorp, Inc. | $2.0B | 9.2× | 9.1× | −9.61% (below 0%: shrinking) | +14.06% (above 0%: growing) | −31.16% (below 0%: shrinking) | 79.72% | 0.00% | Compare |
| CHCO City Holding Company | $2.0B | 15.5× | 14.0× | +1.16% (above 0%: growing) | +2.62% (above 0%: growing) | +19.16% (above 0%: growing) | 80.74% | 0.00% | Compare |
| BLX Bladex Inc. | $1.9B | 9.0× | 8.9× | +3.74% (above 0%: growing) | +2.31% (above 0%: growing) | −117.11% (below 0%: shrinking) | 43.99% | 0.00% | |
| GABC German American Bancorp, Inc. | $1.9B | 13.2× | 11.8× | +3.05% (above 0%: growing) | +21.43% (above 0%: growing) | +110.42% (above 0%: growing) | 78.75% | 0.00% | Compare |
| AVAL Grupo Aval Acciones y Valores S.A. | $1.9B | 12.2× | — | +74.54% (above 0%: growing) | +30.00% (above 0%: growing) | +884.01% (above 0%: growing) | 46.31% | 0.00% | Compare |
| DCOM Dime Community Bancshares, Inc. | $1.7B | 14.0× | 11.2× | +4.11% (above 0%: growing) | +17.19% (above 0%: growing) | +159.40% (above 0%: growing) | 67.80% | 0.00% | Compare |
| HOPE Hope Bancorp, Inc. | $1.7B | 13.4× | 11.8× | +17.99% (above 0%: growing) | n/m | +727.66% (above 0%: growing) | 57.96% | 0.00% | Compare |
| Median of peers | $1.9B | 12.8× | 11.2× | +3.47% | +21.43% | +64.79% | 75.27% | 0.00% |
Bladex Inc. (BLX) key facts
- Strength: Bladex Inc.’s revenue for fiscal 2025 (year ended December 2025) was $836.9 million, up 0.89% from fiscal 2024.
- Bladex Inc. (BLX) is a Banks Regional company in the Financial sector, listed on the New York Stock Exchange.
- As of October 16, 2026, BLX traded at $54.67, a market capitalization of $1.9 billion.
- Bladex Inc. pays an annual dividend of $2.69 per share, a yield of 4.92%, with a payout ratio of 44.4%.
- Return on equity was 15.1% and debt-to-equity 2.36.
- Its Piotroski F-score is 6 out of 9 for fiscal 2025.