PANAMA CITY (AP) _ Banco Latinoamericano de Comercio Exterior SA (BLX) on Friday reported third-quarter earnings of $15.7 million.

The bank, based in Panama City, said it had earnings of 41 cents per share.

The bank created in South and Central America to provide trade financing posted revenue of $39.5 million in the period. Its revenue net of interest expense was $26.8 million, topping Street forecasts.

Banco Latinoamericano shares have climbed 17% since the beginning of the year. The stock has increased 45% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BLX at https://www.zacks.com/ap/BLX

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News