Quarterly ResultApr 30, 2026, 06:12 AM
BLX Q1 Net Profits $56.4M (+9% YoY); Dividend $0.6875
AI Summary
Bladex reported solid profitability for Q1 2026 with net profits reaching $56.4 million, a 9% increase year-over-year, supported by balance sheet expansion and revenue generation. The bank's Credit Portfolio grew 13% YoY to $13,487 million, and its deposit base increased 25% YoY to $7,307 million. The Board approved a quarterly dividend of $0.6875 per share, and shareholders approved changing the bank's name to "Bladex, Inc." at the Annual Shareholders' Meeting.
Key Highlights
- Net Profits for 1Q26 reached $56.4 million, up 9% YoY.
- Earnings per share totaled $1.31 for 1Q26.
- Credit Portfolio reached an all-time high of $13,487 million, up 13% YoY.
- Deposit base reached $7,307 million, up 25% YoY.
- Net Interest Income was $70.2 million, an 8% increase YoY.
- Adjusted Annualized Return on Equity stood at 14.2% for 1Q26.
- Quarterly common dividend of $0.6875 per share approved.
- Shareholders approved changing the bank's name to "Bladex, Inc.".