Bladex Inc.

BLX Financial Banks Regional

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%
Market cap
$1.9B
P/E
9.0×
Fwd P/E
8.9×
Dividend yield
4.92%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Total buys 0.18
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — 2 — —
Sell — — — — — — — — — — — —
Insider Ownership 26.58%

Capital & Financial Ratios $m

Market Cap 1,910.00
Revenue 841.69
Net Income 233.78
Free Cash Flow (228.08)
Net Debt 2,259.91
Current Ratio 1.49
Debt/Equity 2.36
P/E ratio 9.02
Fwd P/E 8.88
P/S ratio 2.44
P/B ratio 1.17
Past 5Y EPS Growth 30.73% (at or above 15%: strong)
This Y EPS Growth 3.66%
Next Y EPS Growth 9.26%
Next Y revenue growth (55.15%) (below 0%: weak)
Next 5Y EPS Growth 7.55%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 47.29%
10-year low 10-year high
P/S against its own 10 years 40.66%
10-year low 10-year high
P/B against its own 10 years 94.84%
10-year low 10-year high

Dividends

Payout Ratio 0.44
Annual Dividend Rate 2.69
Annual Dividend Yield 4.92%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 2.71
0.69
0.69
0.69
2025 2.50
0.63
0.63
0.63
0.63
2024 2.00
0.50
0.50
0.50
0.50
2023 1.17
0.17
0.25
0.25
0.25
0.25
2022 1.00
0.25
0.25
0.25
0.25
2021 1.00
0.25
0.25
0.25
0.25
2020 1.14
0.39
0.25
0.25
0.25
2019 1.54
0.39
0.39
0.39
0.39
2018 1.54
0.39
0.39
0.39
0.39
2017 1.93
0.39
0.39
0.39
0.39
0.39
2016 1.54
0.39
0.39
0.39
0.39
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 2,047 1,965 1,924 1,889
Receivables — — — —
Inventory — — — —
Other — — — —
9,529 10,594 11,227 12,552
2023 2024 2025 Q'26
Payables 4,451 5,462 6,640 7,935
ST’ Debt — — — —
Other — — — —
5,072 5,921 6,932 8,408

Compound Annual Growth %

10y 5y 3y
Sales 12.90% 34.81% 33.56%
Cash Flow 6.40% (8.96%) 0.00%
Earnings 8.11% 28.97% 35.09%
Book Value 5.62% 10.09% 16.22%

Revenue $m

Mar Jun Sep Dec Year
’26 199 225 — — —
’25 202 217 209 209 837
’24 203 208 210 209 829
’23 150 162 187 213 712
’22 50 68 94 139 351
’21 36 39 39 45 158
’20 62 45 42 38 188
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 214 (149) — — —
’25 197 875 309 (600) 780
’24 176 476 (243) (531) (123)
’23 518 468 51 25 1,062
’22 (481) (439) (10) 161 (770)
’21 (104) 28 (28) (768) (872)
’20 66 1,244 126 (188) 1,247
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 214 (149) — — —
’25 196 874 309 (602) 777
’24 175 476 (245) (534) (129)
’23 518 468 105 (32) 1,059
’22 (482) (439) (11) 160 (772)
’21 (104) 28 (29) (768) (873)
’20 66 1,244 125 (190) 1,245
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 1.31 1.77 — — —
’25 1.40 1.73 1.48 1.50 6.11
’24 1.40 1.36 1.44 1.40 5.60
’23 1.02 1.02 1.25 1.27 4.55
’22 0.31 0.63 0.74 0.85 2.54
’21 0.32 0.36 0.41 0.54 1.62
’20 0.46 0.36 0.39 0.40 1.60
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten 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.

All 10 years →

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%

All 323 Banks Regional stocks →

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.

Source: company filings (standardised) and stockrow calculations.

Bladex Inc. (BLX) Latest News

15 Jul

Impact 2 · transcript

13 Apr

Impact 3 · transcript

30 Jan

Impact 4 · transcript
stockrow.com/BLX · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com