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.