Banco Latinoamericano de Comercio Exterior, S. A. (BLX) Income Statement
BLX 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsBLX revenue and net income
Where BLX's revenue goes
2025Each bar shows an amount and its share of revenue. BLX kept 66.8% of revenue as net income.
BLX profit margins
BLX growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −58.1% | +0.9% | +12.5% | +3.4% |
| Gross profit | +11.5% | +35.9% | +26.1% | +7.4% |
| Operating income | +10.2% | +35.1% | +29.0% | +8.1% |
| Net income | +10.2% | +35.1% | +29.0% | +8.1% |
| EPS (diluted) | +9.1% | +34.2% | +29.0% | +8.4% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
BLX quarterly EPS vs estimates
Bladex beat the analyst EPS estimate in 4 of the last 4 quarters. Next report: October 26, 2026.
BLX income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $339.6M | $810.6M | $683.4M | $330.7M | $155.7M | $188.2M | $289.4M | $217.6M | $235.1M | $223.5M |
| Cost of revenue | $22.1M | $525.8M | $473.5M | $204.1M | $54.1M | $88.5M | $164.2M | $148.7M | $116.2M | $125.8M |
| Gross profit | $317.5M | $284.8M | $209.9M | $126.6M | $101.6M | $99.7M | $125.2M | $68.8M | $118.9M | $97.7M |
| Sales, general & admin | $55.4M | $67.8M | $59.8M | $44.9M | $30.2M | $28.4M | $32.5M | $40.5M | $38.6M | $37.2M |
| Total operating expenses | $90.6M | $78.9M | $43.7M | $34.6M | $38.9M | $36.1M | $39.2M | $57.7M | $36.9M | $10.7M |
| Operating income | $226.9M | $205.9M | $166.2M | $92.0M | $62.7M | $63.6M | $86.1M | $11.1M | $82.0M | $87.0M |
| Interest income | $768.5M | $785.0M | $616.2M | $332.6M | $86.8M | $181.0M | $273.7M | $258.5M | $226.1M | $245.9M |
| Interest expense | $497.3M | $525.8M | $446.1M | $184.6M | $54.1M | $88.5M | $164.2M | $148.7M | $106.3M | $90.7M |
| Income before taxes | $226.9M | $205.9M | $166.2M | $92.0M | $62.7M | $63.6M | $86.1M | $11.1M | $82.0M | $87.0M |
| Income taxes | — | — | −$3.9M | $184.6M | $62.7M | $63.6M | $86.1M | $148.7M | $106.3M | $90.7M |
| Net income | $226.9M | $205.9M | $166.2M | $92.0M | $62.7M | $63.6M | $86.1M | $11.1M | $82.0M | $87.0M |
| EBITDA | $226.9M | $209.4M | $169.3M | $94.8M | $66.2M | $67.9M | $89.6M | $13.6M | $84.4M | $89.1M |
| EPS (diluted) | $6.11 | $5.60 | $4.56 | $2.53 | $1.64 | $1.71 | $2.18 | $0.28 | $2.08 | $2.34 |
| Gross margin | 93.5% | 35.1% | 30.7% | 38.3% | 65.3% | 53.0% | 43.3% | 31.6% | 50.6% | 43.7% |
| Operating margin | 66.8% | 25.4% | 24.3% | 27.8% | 40.3% | 33.8% | 29.7% | 5.1% | 34.9% | 38.9% |
| Net margin | 66.8% | 25.4% | 24.3% | 27.8% | 40.3% | 33.8% | 29.7% | 5.1% | 34.9% | 38.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $224.7M | $83.1M | $88.8M | $209.0M | $216.7M | $202.1M | $190.0M | $209.6M | $207.7M | $203.3M | $206.2M | $193.7M |
| Cost of revenue | $134.5M | $4.7M | $5.4M | $132.7M | $131.7M | $129.4M | $130.5M | $135.6M | $139.3M | $133.7M | $0 | $128.4M |
| Gross profit | $90.2M | $78.4M | $83.4M | $76.3M | $85.0M | $72.7M | $59.6M | $74.0M | $68.4M | $69.6M | $206.2M | $65.3M |
| Sales, general & admin | $27.3M | $13.3M | $15.9M | $13.2M | $12.4M | $13.9M | $29.2M | $14.2M | $11.8M | $12.7M | $12.9M | $14.2M |
| Total operating expenses | $23.8M | $22.0M | $27.4M | $21.3M | $20.8M | $21.0M | $8.1M | $21.0M | $18.2M | $18.3M | $7.4M | $19.5M |
| Operating income | $66.5M | $56.4M | $56.0M | $55.0M | $64.2M | $51.7M | $51.5M | $53.0M | $50.1M | $51.3M | $46.6M | $45.8M |
| Interest income | $199.2M | $185.9M | $190.9M | $193.7M | $194.4M | $189.4M | $197.4M | $198.7M | $195.4M | $193.6M | $193.9M | $182.4M |
| Interest expense | $241.7M | $115.7M | $120.2M | $126.3M | $126.7M | $124.2M | $130.5M | $132.1M | $132.6M | $130.7M | $60.9M | $121.9M |
| Income before taxes | $66.5M | $56.4M | $56.0M | $55.0M | $64.2M | $51.7M | $51.5M | $53.0M | $50.1M | $51.3M | $46.4M | $45.8M |
| Income taxes | — | — | — | — | — | — | — | $7,000 | −$1.1M | $51.3M | −$1.0M | $45.8M |
| Net income | $66.5M | $56.4M | $56.0M | $55.0M | $64.2M | $51.7M | $51.5M | $53.0M | $50.1M | $51.3M | $46.4M | $45.8M |
| EBITDA | $66.5M | $58.0M | $56.0M | $56.0M | $65.3M | $52.8M | $52.5M | $53.9M | $51.0M | $52.1M | −$220,000 | $46.5M |
| EPS (diluted) | $1.77 | $1.31 | $1.50 | $1.48 | $1.73 | $1.40 | $1.40 | $1.44 | $1.36 | $1.40 | $1.27 | $1.25 |
| Gross margin | 40.1% | 94.3% | 93.9% | 36.5% | 39.2% | 36.0% | 31.3% | 35.3% | 32.9% | 34.2% | 100.0% | 33.7% |
| Operating margin | 29.6% | 67.9% | 63.1% | 26.3% | 29.6% | 25.6% | 27.1% | 25.3% | 24.1% | 25.2% | 22.6% | 23.6% |
| Net margin | 29.6% | 67.9% | 63.1% | 26.3% | 29.6% | 25.6% | 27.1% | 25.3% | 24.1% | 25.2% | 22.5% | 23.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in BLX's financial statements (latest annual report filed April 20, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
BLX financial results
In fiscal year 2025 (ended December 31, 2025), Bladex reported revenue of $339.6 million, down 58.1% from the year before. It had net income of $226.9 million (up 10.2%), a net profit margin of 66.8%. Diluted earnings per share came to $6.11. Over five years revenue grew at an average rate of 12.5% a year.
See the BLX stock overview for the latest quote and news, or the BLX chart for price history and technical indicators.
BLX income statement FAQ
What is Bladex's annual revenue?
Bladex reported total revenue of $339.6 million for fiscal year 2025, which ended on December 31, 2025. That was down 58.1% from $810.6 million the previous year.
Is Bladex profitable?
Yes. Bladex reported net income of $226.9 million in fiscal 2025, a net profit margin of 66.8%; its operating margin was 66.8%.
What is Bladex's gross margin?
Bladex's gross margin was 93.5% in fiscal 2025: for every $100 of revenue, Bladex kept $93 after the direct cost of its products and services.
How fast is Bladex growing?
Revenue grew 12.5% a year on average over the last five fiscal years, from $188.2 million to $339.6 million.
What are Bladex's earnings per share?
Bladex earned $6.11 per diluted share in fiscal 2025, compared with $5.60 a year earlier.
When will Bladex report its next earnings?
Bladex is expected to report results for the quarter ending September 30, 2026 on October 26, 2026 after the market closes.
When does Bladex's fiscal year end?
Bladex's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 20, 2026.