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Banco Latinoamericano: 1Q Earnings Snapshot

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.


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