WallStSmart

Foreign Trade Bank of Latin America Inc (BLX)vsICICI Bank Limited (IBN)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

ICICI Bank Limited generates 623940% more annual revenue ($1.92T vs $308.43M). BLX leads profitability with a 72.1% profit margin vs 27.5%. IBN appears more attractively valued with a PEG of 0.53. IBN earns a higher WallStSmart Score of 69/100 (B-).

BLX

Buy

60

out of 100

Grade: C+

Growth: 6.0Profit: 8.0Value: 9.3Quality: 4.0
Piotroski: 3/9

IBN

Strong Buy

69

out of 100

Grade: B-

Growth: 5.3Profit: 8.0Value: 7.3Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

BLXUndervalued (+22.6%)

Margin of Safety

+22.6%

Fair Value

$64.80

Current Price

$49.19

$15.61 discount

UndervaluedFair: $64.80Overvalued
IBNSignificantly Overvalued (-191.4%)

Margin of Safety

-191.4%

Fair Value

$10.68

Current Price

$26.31

$15.63 premium

UndervaluedFair: $10.68Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BLX4 strengths · Avg: 10.0/10
P/E RatioValuation
7.4x10/10

Attractively priced relative to earnings

Price/BookValuation
1.1x10/10

Reasonable price relative to book value

Profit MarginProfitability
72.1%10/10

Keeps 72 of every $100 in revenue as profit

Operating MarginProfitability
72.5%10/10

Strong operational efficiency at 72.5%

IBN5 strengths · Avg: 8.8/10
Operating MarginProfitability
34.0%10/10

Strong operational efficiency at 34.0%

Market CapQuality
$95.10B9/10

Large-cap with strong market position

Profit MarginProfitability
27.5%9/10

Keeps 28 of every $100 in revenue as profit

PEG RatioValuation
0.538/10

Growing faster than its price suggests

P/E RatioValuation
16.6x8/10

Attractively priced relative to earnings

Areas to Watch

BLX4 concerns · Avg: 3.8/10
PEG RatioValuation
1.774/10

Expensive relative to growth rate

Revenue GrowthGrowth
3.1%4/10

3.1% revenue growth

EPS GrowthGrowth
2.5%4/10

2.5% earnings growth

Market CapQuality
$1.63B3/10

Smaller company, higher risk/reward

IBN2 concerns · Avg: 3.0/10
Revenue GrowthGrowth
3.0%4/10

3.0% revenue growth

EPS GrowthGrowth
-3.7%2/10

Earnings declined 3.7%

Comparative Analysis Report

WallStSmart Research

Bull Case : BLX

The strongest argument for BLX centers on P/E Ratio, Price/Book, Profit Margin. Profitability is solid with margins at 72.1% and operating margin at 72.5%.

Bull Case : IBN

The strongest argument for IBN centers on Operating Margin, Market Cap, Profit Margin. Profitability is solid with margins at 27.5% and operating margin at 34.0%. PEG of 0.53 suggests the stock is reasonably priced for its growth.

Bear Case : BLX

The primary concerns for BLX are PEG Ratio, Revenue Growth, EPS Growth. Debt-to-equity of 2.40 is elevated, increasing financial risk.

Bear Case : IBN

The primary concerns for IBN are Revenue Growth, EPS Growth.

Key Dynamics to Monitor

BLX carries more volatility with a beta of 0.84 — expect wider price swings.

BLX is growing revenue faster at 3.1% — sustainability is the question.

Monitor BANKS - REGIONAL industry trends, competitive dynamics, and regulatory changes.

Bottom Line

IBN scores higher overall (69/100 vs 60/100), backed by strong 27.5% margins. BLX offers better value entry with a 22.6% margin of safety. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Foreign Trade Bank of Latin America Inc

FINANCIAL SERVICES · BANKS - REGIONAL · USA

Banco Latinoamericano de Comercio Exterior, SA, a multinational bank, is primarily engaged in financing foreign trade in Latin America and the Caribbean. The company is headquartered in Panama City, the Republic of Panama.

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ICICI Bank Limited

FINANCIAL SERVICES · BANKS - REGIONAL · USA

ICICI Bank Limited offers various banking products and financial services in India and internationally. The company is headquartered in Mumbai, India.

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