Bladex Achieves Record Financial Results and Increases Dividend by 25%
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Bladex (NYSE: BLX) reported record financial results for 2024, with a net income of $206 million, a 24% increase year-over-year. The bank also announced a 25% dividend increase, driven by strong growth in fee income from syndications and letters of credit.
February 28, 2025 | 12:15 pm
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Bladex reported a historic net income of $206 million for 2024, a 24% increase from the previous year, and announced a 25% increase in dividends. This reflects strong growth in fee income from syndications and letters of credit.
The significant increase in net income and dividends indicates strong financial health and growth prospects for Bladex. The 25% dividend increase is a positive signal to investors, likely boosting short-term stock price.
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