Banco Latinoamericano posts 1Q profit

Associated Press |

PANAMA CITY (AP) _ Banco Latinoamericano de Comercio Exterior SA (BLX) on Friday reported first-quarter profit of $23.5 million.

The bank, based in Panama City, said it had earnings of 60 cents per share.



The bank created in South and Central America to provide trade financing posted revenue of $63 million in the period. Its adjusted revenue was $38.3 million.

Banco Latinoamericano shares have decreased nearly 4 percent since the beginning of the year. The stock has risen 9 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

Keywords: Banco Latinoamericano, Earnings Report

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