Banco Latinoamericano de Comercio Exterior is a multinational bank that supports the financing of foreign trade and economic integration in Latin America and the Caribbean. Co.'s segments include: Commercial Business, which encompasses Co.'s business of financial intermediation and fee generating activities developed to cater to corporations, financial institutions and investors in Latin America; and Treasury Business, which focuses on managing Co.'s investment portfolio, and the overall structure of its assets and liabilities to achieve funding and liquidity positions for it, mitigating the financial risks associated with the balance sheet, such as interest rate, price and currency risks. We show 10 historical shares outstanding datapoints in our BLX shares outstanding history coverage, used to compute BLX market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing BLX market cap history over the course of time is important for investors
interested in comparing BLX's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of BLX versus a peer is one thing; comparing
BLX market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like BLX can fluctuate over the course of history.
With this page we aim to empower investors researching BLX by allowing them to research the BLX market cap history. |
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Video: The Importance of Market Cap
