Stock Track | Bladex Plummets 5.16% Intraday After Reporting Lower Q1 Earnings

Stock Track
Apr 29

Banco Latinoamericano de Comercio Exterior SA (Bladex) saw its stock price plummet 5.16% during intraday trading on Tuesday.

The sharp decline followed the company's report of first-quarter earnings of $1.31 per share, a decrease from $1.40 per share reported in the same period a year earlier. This drop in earnings occurred despite the company posting a rise in revenue to $83.1 million from $77.9 million a year ago.

Concurrently, the company declared a maintained quarterly cash dividend of $0.6875 per share.

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