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Banco Latinoamericano: 1Q Earnings Snapshot

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PANAMA CITY (AP) _ Banco Latinoamericano de Comercio Exterior SA (BLX) on Wednesday reported first-quarter earnings of $21.2 million.

The bank, based in Panama City, said it had earnings of 54 cents per share.

The bank created in South and Central America to provide trade financing posted revenue of $77.6 million in the period. Its revenue net of interest expense was $32.1 million, missing Street forecasts.

Banco Latinoamericano shares have risen 24 percent since the beginning of the year. The stock has dropped 26 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BLX at https://www.zacks.com/ap/BLX