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Banco Latinoamericano: 4Q Earnings Snapshot

PANAMA CITY (AP) _ Banco Latinoamericano de Comercio Exterior SA (BLX) on Friday reported fourth-quarter net income of $22.1 million.

The Panama City-based bank said it had earnings of 56 cents per share.

The bank created in South and Central America to provide trade financing posted revenue of $68.6 million in the period. Its revenue net of interest expense was $31.4 million, missing Street forecasts.

For the year, the company reported profit of $86.1 million, or $2.17 per share. Revenue was reported as $126.7 million.

Banco Latinoamericano shares have decreased almost 6% since the beginning of the year. The stock has risen almost 8% 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