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BLADEX, INC.

BLADEX, INC. is a commercial banks company, listed on NYSE (BLX).1

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Last updated Oct 21, 2026.

Overview

$303.6MRevenue, fiscal 20242
$205.9MNet income, fiscal 20242

Compare with PEAPACK GLADSTONE FINANCIAL CORP, Bank of N.T. Butterfield & Son Ltd or HDFC Bank, or pick any stock.

  • TickerBLX on NYSE1
  • IndustryCommercial Banks, NEC1
  • Business addressBusiness Park, Torre V, Piso 5, Avenida La Rotonda, Costa Del Este, Panama, 0819-087303
  • Filer categoryLarge accelerated filer3

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The Bank, a corporation (sociedad anónima) organized under the laws of Panama and headquartered in Panama City, Panama, is a specialized multinational bank originally established by central banks of Latin American and Caribbean countries to promote foreign trade and economic integration in the Region. The legal name of the Bank is Banco Latinoamericano de Comercio Exterior, S.A. Translated into English, the Bank is also known as Foreign Trade Bank of Latin America, Inc. The commercial name of the Bank is Bladex.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2024

100.0%Operating margin2
67.8%Net margin2
14.1%Revenue growth, 20242
15.4%Return on equity2
-$124.5MFree cash flow2

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Interest72¢$525.8M
  • Profit28¢$205.9M

Out of $303.6M in revenue.2

Financial statements

Revenue567892$303.6M in 2024+120% since 2017
0$100.0M$200.0M$300.0M$400.0M2017: $138.3M$138.3M20172018: $127.6M$127.6M2018−8%2019: $126.7M$126.7M2019−1%2020: $99.2M$99.2M2020−22%2021: $104.2M$104.2M2021+5%2022: $166.7M$166.7M2022+60%2023: $266.1M$266.1M2023+60%2024: $303.6M$303.6M2024+14%
Operating income567892$303.6M in 2024+120% since 2017
0$100.0M$200.0M$300.0M$400.0M2017: $138.3M$138.3M20172018: $127.6M$127.6M2018−8%2019: $126.7M$126.7M2019−1%2020: $99.2M$99.2M2020−22%2021: $104.2M$104.2M2021+5%2022: $166.7M$166.7M2022+60%2023: $266.1M$266.1M2023+60%2024: $303.6M$303.6M2024+14%
Net income567892$205.9M in 2024+151% since 2017
0$100.0M$200.0M$300.0M2017: $82.0M$82.0M20172018: $11.1M$11.1M2018−86%2019: $86.1M$86.1M2019+673%2020: $63.6M$63.6M2020−26%2021: $62.7M$62.7M2021−1%2022: $92.0M$92.0M2022+47%2023: $166.2M$166.2M2023+81%2024: $205.9M$205.9M2024+24%
Fiscal year20172018201920202021202220232024
Revenue$138.3M5$127.6M6$126.7M7$99.2M8$104.2M9$166.7M2$266.1M2$303.6M2
Operating income$138.3M5$127.6M6$126.7M7$99.2M8$104.2M9$166.7M2$266.1M2$303.6M2
Interest$54.1M9$184.6M2$446.1M2$525.8M2
Net income$82.0M5$11.1M6$86.1M7$63.6M8$62.7M9$92.0M2$166.2M2$205.9M2
Earnings per share$2.095$0.286$2.177$1.608$1.629$2.542$4.552$5.602
Earnings per share (diluted)$2.085$0.286$2.177$1.608$1.629$2.542$4.552
Shares (weighted, basic)38.8M shares936.3M shares236.5M shares236.7M shares2
Shares (weighted, diluted)38.8M shares936.3M shares236.5M shares2

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Corporate structure

BLADEX, INC. sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of BLADEX, INC.

  • BRANDES INVESTMENT PARTNERS, LP Filed SCHEDULE 13G/A on BLADEX, INC., latest Feb 12, 2026 (6 filings since Jan 7, 2022)
  • BlackRock Filed SCHEDULE 13G on BLADEX, INC., latest Jan 21, 2026 (5 filings since Oct 25, 2024)
  • BLADEX, INC.

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What BLADEX, INC. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net$16.8M9 Dec 31, 2023$17.3M9 Dec 31, 2022−2.8%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$2.0B2 Dec 31, 2024$2.0B2 Dec 31, 2023−4.1%

Intangibles and goodwill

ItemLatestA year beforeChange
Intangible assets, net (excluding goodwill)$3.7M2 Dec 31, 2024$2.6M2 Dec 31, 2023+40.6%

Leadership

Who has led BLADEX, INC., and when. Pick a name to see everywhere that person has worked.

Chief financial officer

  1. Hoorde Annette Marie Van2026–now
Board members and other officers (2)

Former names

  • FOREIGN TRADE BANK OF LATIN AMERICA, INC.Jun 25, 2009 to Jun 23, 20263
  • LATIN AMERICAN EXPORT BANKFeb 10, 1997 to Jun 22, 20093

Calendar

Coming up

  1. Oct 26, 2026 · After the closeReports results for the quarter ending Sep/202615

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

112 filings to the SEC since October 2021: 5 annual reports, 3 insider forms, 11 large holders, 93 other. The latest 20:

  1. Sep 16, 20266-K EDGAR
  2. Aug 31, 20264 EDGAR
  3. Aug 24, 20264 EDGAR
  4. Aug 3, 20266-K EDGAR
  5. Jul 29, 20266-K EDGAR
  6. Jul 28, 20266-K EDGAR
  7. Jun 23, 20266-K EDGAR
  8. Jun 9, 20264 EDGAR
  9. Jun 8, 20266-K EDGAR
  10. May 5, 20266-K EDGAR
  11. Apr 30, 20266-K EDGAR
  12. Apr 28, 20266-K EDGAR
  13. Apr 24, 20266-K EDGAR
  14. Apr 21, 20266-K EDGAR
  15. Apr 20, 202620-F EDGAR
  16. Mar 27, 20266-K EDGAR
  17. Mar 24, 20266-K EDGAR
  18. Mar 19, 20266-K EDGAR
  19. Feb 13, 20266-K EDGAR
  20. Feb 12, 20266-K EDGAR

The 112 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

2 open-market trades by officers, directors and large owners since October 2021: 2 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 28, 2026Van Hoorde Annette MarieChief Financial OfficerBuy1,454$55.00$80.0KForm 4
Aug 21, 2026Tizzoni Alejandro HoracioChief Risk OfficerBuy1,850$53.00$98.0KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How BLADEX, INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARBLADEX, INC.1
  • CIK0000890541
  • Filer statusLarge accelerated filer not an emerging growth company; not a shell company4
  • Incorporated inPennsylvania4
  • Fiscal year endsDecember 311
  • Industry code (SIC)6029 Commercial Banks, NEC1
  • SEC reviewing officeOffice of Finance, Division of Corporation Finance1
  • Business addressBusiness Park, Torre V, Piso 5, Avenida La Rotonda, Costa Del Este, Panama, 0819-08730, Panama1
  • Phone50721085001
  • Shares outstanding6,342,189 Common Class A1 shares; 827,573 Common Class B1 shares; 30,060,446 Common Class E shares; 0 Common Class F shares as of Dec 31, 20254
  • AuditorKPMG Cardenas Dosal, SC, Mexico City, Mexico PCAOB ID 1141; it also attests to the company’s internal control over financial reporting4
  • On EDGAR sinceFeb 10, 19971
  • Filings791 in all: 6-K (642), SC 13G/A (60), SC 13G (30), 20-F (25), SCHEDULE 13G/A (6), UPLOAD (6), F-2/A (5), 4 (3)1
    All 15 form types

    6-K/A (3), CORRESP (3), 20-F/A (2), 424B3 (2), S-8 (2), F-2 (1), SCHEDULE 13G (1)

  • Latest filingsAnnual report (20-F) Apr 20, 2026

Securities registered for trading

ClassSymbolExchange
Class E Common StockBLXNew York Stock Exchange

From the cover page of the 20-F filed Apr 20, 2026 (Section 12(b) of the Exchange Act).4

Sources

The numbers on this page point here. Each one links to the record it came from.

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