Company Analysis

Bladex, Inc. (BLX)

NYSE: BLX · Commercial Banks, NEC · Urbanizaci?N Costa Del Este, PA · filing with the SEC since 1997
Grade5.8
◀ Past 6.4● Present 6.6▶ Future 3.9
1 est.

The grade of Bladex, Inc.

Nine metrics read from its own filings, by tense
Headline grade
5.8/10
◀ Past6.440% of the headline
● Present6.635% of the headline
▶ Future3.925% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

6.4/1040% of the headline grade · 3 of 3 filed

Surviving crises

as filed
5.9/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 45% of this tense · 59th percentile among 33 sector filers · read for itself

From the record

Bladex, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
4.4/10

What has it actually done, year after year?

+107.5% a year over 10 filed years; profitable in 10 of 10.

weight 22% of this tense · 44th percentile among 22 sector filers · read for its customers

From the record

Bladex, Inc.'s 10 filed years say what it did: revenue went from $425 thousand in fiscal 2015 to $304 million in fiscal 2024, up 107.5% a year; it rose in 5 of 9 years; the deepest fall was 41% from fiscal 2016 to fiscal 2020; net income was positive in 10 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span107.5%top 2% of its family
  • the share of years revenue rosebottom 11% of its family
  • the share of filed years with a profittop 40% of its family
  • the deepest fall from a revenue peak41.0%bottom 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
8.3/10

How has it treated the people who own it?

Share count shrank 1.8% a year. 86% of cash flow returned. Insiders: 0 sales, 3 purchases.

weight 33% of this tense · 83rd percentile among 29 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2024-12-31, Bladex, Inc.'s diluted share count shrank about 1.8% a year, and dividends and buybacks returned about 86% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 3 purchases of their own stock on the open market in the year to 2026-11-02, buying about $272 thousand (their Form 4 filings).

What it rests on

  • the share count over the yearstop 29% of its family
  • cash returned against operating cash flowtop 5% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.6/1035% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
5.3/10

Is it financially healthy right now?

ROE 15%: 15¢ of profit per shareholder dollar. Leverage 89%: owes 89¢ per asset dollar.

weight 45% of this tense · 53rd percentile among 31 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2024-12-31, Bladex, Inc. earned about 15 cents of profit for every dollar of shareholders' money. Leverage: it owed about 89 cents per dollar of assets, and net share issuance: its share count grew 0.7% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 34% of its family
  • return on equitytop 27% of its family
  • the share count against the year beforebottom 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
9.6/10

How strong is its position in its industry?

top 5% of 21 in its family; net margin 67.8%.

weight 33% of this tense · 95th percentile among 21 sector filers · read for its customers

From the record

Bladex, Inc.'s standing among 21 graded names in its industry family: revenue of $304 million in fiscal 2024 is not ranked by size, since the family reports in another currency; a net margin of 67.8% ranks in the top 7%; revenue growth of 42.8% a year over the last 3 filed years ranks in the top 2% (its annual reports).

What it rests on

  • net margin67.8%top 7% of its family
  • three-year revenue growth42.8%top 2% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
5.0/10

What are the people in charge doing?

SI estimate 5.0/10, confidence 15 of 100 (universe median).

weight 22% of this tense · 50th percentile among 3816 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-06-09 (a listing, a merger or a first filing under the rules) and most of the people in charge have filed since then, so the record shows a floor of 3 months and cannot see past it; a floor under five years is not read as years in charge, and its family carries too few readings to lean on, so the desk assumes the typical reading over all 3816 companies with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-06-09 (a listing, a merger or a first filing under the rules) and most of the people in charge have filed since then, so the record shows a floor of 3 months and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
universe median, 3816 readings behind it.
Confidence
15 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Bladex, Inc.'s leadership is put at 5.0 of 10 with a confidence of 15 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-06-09 (a listing, a merger or a first filing under the rules) and most of the people in charge have filed since then, so the record shows a floor of 3 months and cannot see past it; a floor under five years is not read as years in charge, and its family carries too few readings to lean on, so the desk assumes the typical reading over all 3816 companies with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

3.9/1025% of the headline grade · 3 of 3 filed

Room to expand

as filed
0.7/10

How much room does it have to grow?

bottom 7% of 19 in its family for room to expand.

weight 33% of this tense · 7th percentile among 19 sector filers · read for itself

From the record

Bladex, Inc.'s room to grow, from the newest filed statements (fiscal 2024): cash of $2.0 billion against debt of $4.4 billion leaves -20.1% of its assets as net cash, bottom 2% of its family; cash from operations less capital spending is -41% of revenue (bottom 13%) (its annual report).

What it rests on

  • cash less debt against assets-20.1%bottom 2% of its family
  • cash from operations less capital spending against revenue-41.0%bottom 13% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
4.8/10

What could actually drive growth from here?

bottom 48% of 22 in its family for growth drivers.

weight 33% of this tense · 48th percentile among 22 sector filers · read for its customers

From the record

Bladex, Inc.'s growth drivers, from the filed years to fiscal 2024: revenue grew 42.8% a year over the last three filed years against 107.5% over all 10, slowing (bottom 2% of its family); the newest year grew 14.1% (top 39%); capital spending grew 58.8% a year (top 21%) (its annual reports). Bladex, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span-64.7 points a yearbottom 2% of its family
  • the newest year's revenue growth14.1%top 39% of its family
  • three-year growth of capital spending58.8%top 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
6.1/10

Did its newest year beat what its own record pointed to?

top 39% of 20 in its family for expectations against reality.

weight 33% of this tense · 61st percentile among 20 sector filers · read for its shareholders

From the record

Bladex, Inc.'s newest year against its own record: revenue of $304 million in fiscal 2024 came in 28.6% below the $425 million its prior three years' pace pointed to (bottom 8% of its family); net income of $206 million against a prior three-year average of $107 million (top 12%); a net margin of 67.8% against 59.3% before (top 12%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-28.6%bottom 8% of its family
  • net income against the prior three years' average+93%top 12% of its family
  • net margin against its prior average+8.5 pointstop 12% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton BLX · research, not advice