Financials · BLX

Bladex Inc. (BLX) financials

For fiscal 2025 (ended Dec 31, 2025), Bladex Inc. reported $339.57M of revenue and $226.88M of net income.

Revenue, FY2025
$339.57M
Revenue growth, YoY
+11.8%
Net income, FY2025
$226.88M
Net income growth, YoY
+10.2%
Net margin
66.8%
Free cash flow, FY2025
$777.45M
EPS, diluted, FY2025
$6.11
EPS growth, YoY
+9.1%
Cash
$1.84B
Total debt
$4.03B
P/E
8.44
P/S
5.64
Market cap
$1.91B
Annual revenue$339.57M
FY2016FY2025
Annual net income$226.88M
FY2016FY2025
Annual free cash flow$777.45M
FY2016FY2025

BLX revenue and earnings growth

BLX revenueFY2025$339.57M

FY YoY
+11.8%
5Y CAGR
+27.0%
10Y CAGR
+7.5%

BLX revenue was $339.57M for fiscal 2025 (ended Dec 31, 2025), up 11.8% from fiscal 2024. Compound annual growth was +27.0% over 5 years and +7.5% over 10 years. It rose in 6 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

BLX net incomeFY2025$226.88M

FY YoY
+10.2%
5Y CAGR
+29.0%
10Y CAGR
+8.1%

BLX net income was $226.88M for fiscal 2025 (ended Dec 31, 2025), up 10.2% from fiscal 2024. Compound annual growth was +29.0% over 5 years and +8.1% over 10 years. It rose in 5 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

BLX EPSFY2025$6.11

FY YoY
+9.1%

BLX diluted EPS was $6.11 for fiscal 2025 (ended Dec 31, 2025), up 9.1% from fiscal 2024.

BLX free cash flowFY2025$777.45M

5Y CAGR
-9.0%
10Y CAGR
+6.4%

BLX free cash flow was $777.45M for fiscal 2025 (ended Dec 31, 2025), compared with -$126.59M in fiscal 2024. Compound annual growth was -9.0% over 5 years and +6.4% over 10 years.

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$339.57M$303.64M$266.12M$167.80M$105.08M$102.87M$126.66M$127.59M$138.31M$169.51M
Selling, general and admin$7.54M$7.11M$6.17M$5.59M$4.48M$3.06M$4.14M$6.39M$6.85M$7.47M
Operating income$339.57M$303.64M$266.12M$166.67M$104.21M$99.16M$126.66M$127.59M$138.31M$167.97M
Interest expense$497.28M$525.82M$446.08M$184.61M$54.10M$88.52M$164.17M$148.75M$106.26M$90.69M
Net income$226.88M$205.87M$166.16M$92.04M$62.70M$63.59M$86.05M$11.14M$82.00M$87.05M
EPS, basic$6.11$5.60$4.55$2.54$1.62$1.60$2.17$0.28$2.09$2.23
EPS, diluted$6.11$5.60$4.55$2.54$1.62$1.60$2.17$0.28$2.08$2.22
Diluted shares37.2M36.7M36.5M36.3M38.8M39,65639,57539,54339,32939,210

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$1.84B$1.82B$1.99B$1.19B$1.25B$863.81M$1.18B$1.75B$672.05M$1.07B
Total assets$12.79B$11.86B$10.74B$9.28B$8.04B$6.29B$7.25B$7.61B$6.27B$7.18B
Long-term debt----$329.89M$477.01M$723.42M$886.38M$423.01M$1.78B
Total debt$4.03B$4.39B$4.40B$4.46B$329.89M$477.01M$723.42M$886.38M$423.01M$1.78B
Total liabilities$11.11B$10.52B$9.54B$8.21B$7.05B$5.25B$6.23B$6.62B$5.22B$6.17B
Shareholders' equity$1.68B$1.34B$1.20B$1.07B$991.79M$1.04B$1.02B$991.66M$1.04B$1.01B

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow$780.24M-$122.66M$1.06B-$769.65M-$871.71M$1.25B-$92.43M-$173.59M$716.35M$784.08M
Capital expenditures$2.80M$3.94M$2.10M$1.65M$453.0K$997.0K$1.03M$603.0K$2.65M$3.97M
Free cash flow$777.45M-$126.59M$1.06B-$771.30M-$872.17M$1.25B-$93.46M-$174.19M$713.70M$780.10M
Investing cash flow-$211.16M-$180.02M-$12.77M-$166.66M-$446.08M-$319.90M$31.07M-$21.52M$10.16M$148.18M
Financing cash flow-$546.81M$135.54M-$253.22M$916.25M$1.68B-$1.24B-$485.11M$1.28B-$1.12B-$1.19B
Dividends paid$91.83M$72.78M$36.27M$36.14M$38.57M$44.67M$58.88M$61.54M$60.60M$60.13M
Share repurchases--$0$0$60.08M$0$0$2.44M$27.0K$0
Stock-based compensation$8.19M$7.50M$5.47M$2.16M$1.91M$1.72M$1.78M$1.05M$296.0K$3.06M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY11.8%14.1%58.6%59.7%2.2%-18.8%-0.7%-7.8%-18.4%2.9%
Net income growth, YoY10.2%23.9%80.5%46.8%-1.4%-26.1%672.6%-86.4%-5.8%-16.3%
EPS growth, YoY9.1%23.1%79.1%56.8%--26.3%675.0%-86.5%-6.3%-
Operating margin100.0%100.0%100.0%99.3%99.2%96.4%100.0%100.0%100.0%99.1%
Net margin66.8%67.8%62.4%54.9%59.7%61.8%67.9%8.7%59.3%51.3%
Free cash flow margin229.0%-41.7%398.3%-459.7%-830.0%1211.7%-73.8%-136.5%516.0%460.2%
Return on equity13.5%15.4%13.8%8.6%6.3%6.1%8.5%1.1%7.9%8.6%
Return on assets1.8%1.7%1.5%1.0%0.8%1.0%1.2%0.1%1.3%1.2%
Debt to equity2.403.283.654.170.330.460.710.890.411.76

Source: XBRL data Bladex Inc. files with the SEC, latest filing dated Apr 20, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

BLX peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
BLX$339.57M+11.8%$226.88M66.8%$1.91B
RYC$66.61B+16.1%C$20.36B30.6%$282.66B
MUFG¥11.87T+9.5%¥1.73T14.6%$257.53B
TDC$67.78B+18.4%C$20.54B30.3%$202.90B
SAN€55.32B-1.5%€14.10B25.5%$180.35B
SMFG¥4.35T+13.6%¥1.14T26.1%$154.95B
BBVA--€10.51B-$149.88B
HDB₹2.50T+5.2%₹704.79B28.2%$132.41B

BLX FAQ

8 questions
  • What is BLX revenue?
    Bladex Inc. (BLX) reported $339.57M of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 11.8% from the year before.
  • Is BLX profitable?
    Yes. Bladex Inc. earned $226.88M in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 66.8%.
  • How much cash and debt does BLX have?
    Bladex Inc. reported $1.84B in cash and cash equivalents and $4.03B of debt on its most recent balance sheet in SEC filings.
  • How fast is BLX revenue growing?
    Bladex Inc.'s revenue changed +11.8% in fiscal 2025, to $339.57M. Its compound annual growth rate was +27.0% over 5 years and +7.5% over 10 years.
  • What is BLX free cash flow?
    Bladex Inc. generated $777.45M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of $780.24M less capital expenditures.
  • What is BLX earnings per share?
    Diluted earnings per share were $6.11 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did BLX last report financial results?
    The latest statements here come from Bladex Inc.'s 20-F filed on Apr 20, 2026, covering the period ended Dec 31, 2025.
  • Where does this BLX financial data come from?
    Quantisnow builds these statements from the structured XBRL data Bladex Inc. files with the SEC. It is provided for information only and is not investment advice.