FOREIGN TRADE BANK OF LATIN AMERICA, INC.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), FOREIGN TRADE BANK OF LATIN AMERICA, INC. reported revenue of $339.6M (+11.8% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Deposits | $71.0M | $92.5M | $80.6M | $18.8M |
| Investment securities | $65.4M | $50.8M | $32.4M | $24.0M |
| Interest income on loans and advances to customers | $632.0M | $641.7M | — | — |
| Total interest income | $768.5M | $785.0M | $679.3M | $332.6M |
| Deposits | ($289.6M) | ($300.9M) | ($217.0M) | ($66.0M) |
| Securities sold under repurchase agreements | ($8.5M) | ($11.7M) | ($9.2M) | — |
| Borrowings and debt | ($198.5M) | ($212.6M) | ($219.2M) | ($118.0M) |
| Lease liabilities | ($714.0K) | ($620.0K) | ($584.0K) | ($579.0K) |
| Total interest expense | ($497.3M) | ($525.8M) | ($446.1M) | ($184.6M) |
| Net interest income | $271.2M | $259.2M | $233.2M | $148.0M |
| Fees and commissions, net | $59.0M | $44.4M | $32.5M | $19.8M |
| Gain (loss) on financial instruments, net | $8.2M | — | — | — |
| Other income | $1.1M | $507.0K | $462.0K | $280.0K |
| Total other income, net | $68.4M | $44.4M | $32.9M | $18.7M |
| Total revenues | $339.6M | $303.6M | $266.1M | $166.7M |
| Impairment losses on financial instruments | ($22.1M) | ($17.3M) | — | — |
| Salaries and other employee expenses | ($55.4M) | ($51.9M) | ($47.2M) | ($34.2M) |
| Depreciation and amortization of equipment, right-of-use and leasehold improvements | ($2.9M) | ($2.5M) | ($2.3M) | ($2.2M) |
| Amortization of intangible assets | ($2.0M) | ($1.1M) | ($814.0K) | ($561.0K) |
| Other expenses | ($30.3M) | ($25.0M) | ($22.2M) | ($18.2M) |
| Total operating expenses | ($90.6M) | ($80.5M) | ($72.5M) | ($55.1M) |
| Profit for the year | $226.9M | $205.9M | $166.2M | $92.0M |
| Basic earnings per share (in dollars per share) | $6.11 | $5.60 | $4.55 | $2.54 |
| Weighted average basic shares (in shares) | 37.2M | 36.7M | 36.5M | 36.3K |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and due from banks | $1.9B | $2.0B | $2.0B | $1.2B |
| Investment securities | $1.4B | $1.2B | $1.0B | $1.0B |
| Loans | $9.1B | $8.4B | — | — |
| Customers' liabilities under acceptances | $161.6M | $245.1M | $261.4M | $163.3M |
| Trading derivative - assets | $1.6M | — | — | — |
| Hedging derivative financial instruments - assets | $69.8M | $22.3M | $157.3M | $68.2M |
| Equipment, right-of-use assets and leasehold improvements, net | $19.7M | $19.7M | — | — |
| Intangible assets | $10.7M | $3.7M | $2.6M | $2.1M |
| Other assets | $28.6M | $18.4M | $15.6M | $7.4M |
| Total assets | $12.8B | $11.9B | $10.7B | $9.3B |
| Customer deposits | $6.6B | $5.5B | $4.5B | $3.2B |
| Securities sold under repurchase agreements | $130.5M | $212.9M | $310.2M | $300.5M |
| Borrowings and debt | $4.0B | $4.4B | $4.4B | $4.4B |
| Lease liabilities | $18.4M | $19.2M | $16.7M | $16.7M |
| Acceptances outstanding | $161.6M | $245.1M | $261.4M | $163.3M |
| Trading derivative - liabilities | $433.0K | — | — | — |
| Hedging derivative financial instruments - liabilities | $62.5M | $141.7M | $40.6M | $33.8M |
| Provision for losses on loan commitments and financial guarantee contracts | $12.1M | $5.4M | $5.1M | $3.6M |
| Other liabilities | $51.4M | $45.4M | $53.7M | $26.8M |
| Total liabilities | $11.1B | $10.5B | $9.5B | $8.2B |
| Common stock | $280.0M | $280.0M | $280.0M | $280.0M |
| Treasury stock | -97.6M | -105.6M | -110.2M | -114.1M |
| Other equity instruments | $198.0M | — | — | — |
| Additional paid-in capital in excess of value assigned to common stock | $125.2M | $125.0M | $122.0M | $120.5M |
| Capital reserves | $95.2M | $95.2M | $95.2M | $95.2M |
| Regulatory reserves | $159.1M | $149.7M | $136.0M | $136.0M |
| Retained earnings | $916.4M | $792.0M | $673.3M | $543.6M |
| Other comprehensive income | $2.5M | $979.0K | $7.5M | $8.1M |
| Total equity | $1.7B | $1.3B | $1.2B | $1.1B |
| Total liabilities and equity | $12.8B | $11.9B | $10.7B | $9.3B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Profit for the year | $226.9M | $205.9M | $166.2M | $92.0M |
| Depreciation and amortization of equipment, right-of-use and leasehold improvements | $2.9M | $2.5M | $2.3M | $2.2M |
| Amortization of intangible assets | $2.0M | $1.1M | $814.0K | $561.0K |
| Gain on remeasurement of lease liabilities | $0 | $0 | ($36.0K) | $0 |
| Impairment losses on financial instruments | $22.1M | — | — | — |
| Realized gain on financial instruments | ($4.9M) | — | — | — |
| Loss on sale of financial instruments at amortized cost | $436.0K | $0 | $3.9M | $0 |
| Compensation cost - share-based payment | $8.2M | $7.5M | $5.5M | $2.2M |
| Net changes in hedging position and foreign currency | $126.0M | ($33.7M) | $37.9M | $719.0K |
| Loss on disposal of fixed assets and intangible assets | $15.0K | $12.0K | $3.0K | $6.0K |
| Interest income | ($768.5M) | ($785.0M) | ($679.3M) | ($332.6M) |
| Interest expense | $497.3M | $525.8M | $446.1M | $184.6M |
| Restricted and pledged deposits | $63.0M | ($83.5M) | ($9.7M) | ($8.6M) |
| Loans | ($1.1B) | ($1.2B) | ($406.1M) | ($1.1B) |
| Proceeds from the sale of loans | $210.0M | — | — | — |
| Other assets | ($20.2M) | ($3.1M) | ($7.4M) | $1.7M |
| Due to depositors | $1.2B | $1.0B | $1.2B | $154.5M |
| Other liabilities | $5.2M | ($9.1M) | $26.7M | $12.3M |
| Cash flows provided by (used in) operating activities | $503.9M | ($363.8M) | $831.7M | ($925.4M) |
| Interest received | $779.0M | $773.8M | $642.9M | $296.1M |
| Interest paid | ($502.6M) | ($532.7M) | ($412.4M) | ($140.4M) |
| Net cash provided by (used in) operating activities | $780.2M | ($122.7M) | $1.1B | ($769.7M) |
| Acquisition of fixed assets and intangible assets | ($2.8M) | — | — | — |
| Proceeds from the sale of securities | $101.9M | — | — | — |
| Proceeds from the redemption of securities | $390.0M | — | — | — |
| Purchases of securities | ($700.3M) | ($86.4M) | ($11.8M) | $0 |
| Net cash used in investing activities | ($211.2M) | ($180.0M) | ($12.8M) | ($166.7M) |
| (Decrease) increase in securities sold under repurchase agreements | ($83.3M) | ($97.3M) | $9.7M | ($127.0M) |
| Net decrease in short-term borrowings and debt | ($149.7M) | ($58.5M) | ($500.6M) | $579.1M |
| Proceeds from long-term borrowings and debt | $587.9M | $1.2B | $496.3M | $1.0B |
| Payments of long-term borrowings and debt | ($1.0B) | ($826.4M) | ($221.3M) | ($536.8M) |
| Issuance of other equity instruments | $198.0M | — | — | — |
| Payments of lease liabilities | ($1.2M) | ($1.1M) | ($1.0M) | ($995.0K) |
| Dividends paid | ($91.8M) | ($72.8M) | ($36.3M) | ($36.1M) |
| Net cash (used in) provided by financing activities | ($546.8M) | $135.5M | ($253.2M) | $916.2M |
| Net increase (decrease) in cash and cash equivalents | $22.3M | ($167.1M) | $796.1M | ($20.1M) |
| Cash and cash equivalents at beginning of the year | $1.8B | $2.0B | $1.2B | $1.2B |
| Cash and cash equivalents at end of the year | $1.8B | $1.8B | $2.0B | $1.2B |
FOREIGN TRADE BANK OF LATIN AMERICA, INC. score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.