BAP Stock - Credicorp Ltd.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $27.00B | $25.37B | $20.63B | $19.22B | $18.22B |
| Gross Profit | $17.33B | $15.72B | $14.76B | $15.36B | $9.07B |
| Gross Margin | 64.2% | 61.9% | 71.6% | 79.9% | 49.8% |
| Operating Income | $7.82B | $6.85B | $6.87B | $5.33B | $224.16M |
| Net Income | $5.50B | $4.87B | $4.65B | $3.58B | $346.89M |
| Net Margin | 20.4% | 19.2% | 22.5% | 18.7% | 1.9% |
| EPS | $69.09 | $61.08 | $58.26 | $45.09 | $4.37 |
Credicorp Ltd., a financial service holding company, provides various financial, insurance, and health services and products primarily in Peru and internationally. The company's Universal Banking segment offers deposits and current accounts, and various credits and financial instruments to individuals and legal entities. Its Insurance and Pensions segment issues insurance policies to cover losses in commercial property, transportation, marine vessels, automobile, life, health, and pensions, as well as provides private pension fund management services. The company's Microfinance segment manages loans, credits, deposits, and current accounts of the small and microenterprises. Its Investment Banking and Wealth Management segment offers its services to corporations, institutional investors, governments, and foundations; engages in structuring and placement of issues in the primary market, as well as the execution and negotiation of operations in the secondary market; and structures securitization processes for corporate customers and manages mutual funds. The company was founded in 1889 and is headquartered in Lima, Peru.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| September 5th 2025 | HSBC Securities | Downgrade | Hold | $255 |
| December 16th 2024 | BofA Securities | Downgrade | Neutral | - |
| December 15th 2023 | JP Morgan | Upgrade | Overweight | $190← $162 |
| October 16th 2023 | Jefferies | Initiation | Buy | $161.2 |
| July 7th 2023 | Scotiabank | Upgrade | Sector Outperform | $207 |
| January 3rd 2023 | Itau BBA | Upgrade | Outperform | $156 |
| December 14th 2022 | Credit Suisse | Resumed | Outperform | $142 |
| October 4th 2022 | Citigroup | Upgrade | Buy | $161← $128.05 |
| July 19th 2022 | Credit Suisse | Upgrade | Outperform | $142 |
Earnings History & Surprises
BAPEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q1 2026 | Feb 12, 2026 | $6.47 | — | — | — |
Q4 2025 | Nov 13, 2025 | $6.29 | $6.17 | -1.9% | ✗ MISS |
Q3 2025 | Aug 14, 2025 | $5.93 | $6.24 | +5.2% | ✓ BEAT |
Q2 2025 | May 19, 2025 | $5.43 | $6.02 | +10.9% | ✓ BEAT |
Q1 2025 | Mar 27, 2025 | — | $3.75 | — | — |
Q4 2024 | Nov 7, 2024 | $4.57 | $5.08 | +11.2% | ✓ BEAT |
Q3 2024 | Aug 8, 2024 | $4.75 | $4.49 | -5.5% | ✗ MISS |
Q2 2024 | May 9, 2024 | $4.43 | $5.06 | +14.2% | ✓ BEAT |
Q1 2024 | Mar 27, 2024 | $2.80 | $2.78 | -0.7% | ✗ MISS |
Q4 2023 | Nov 2, 2023 | $4.36 | $4.23 | -3.0% | ✗ MISS |
Q3 2023 | Aug 14, 2023 | $4.38 | $4.76 | +8.7% | ✓ BEAT |
Q2 2023 | May 5, 2023 | $4.12 | $3.85 | -6.6% | ✗ MISS |
Q1 2023 | Mar 31, 2023 | — | $4.63 | — | — |
Q4 2022 | Nov 7, 2022 | $3.91 | $4.20 | +7.4% | ✓ BEAT |
Q3 2022 | Aug 12, 2022 | $3.82 | $3.75 | -1.8% | ✗ MISS |
Q2 2022 | May 5, 2022 | $3.70 | $3.74 | +1.1% | ✓ BEAT |
Q1 2022 | Mar 31, 2022 | — | $3.99 | — | — |
Q4 2021 | Nov 5, 2021 | $2.81 | $0.87 | -69.0% | ✗ MISS |
Q3 2021 | Aug 16, 2021 | $2.41 | $2.32 | -3.7% | ✗ MISS |
Q2 2021 | May 10, 2021 | $2.36 | $2.26 | -4.2% | ✗ MISS |
Latest News
JP Morgan Maintains Overweight on Credicorp, Raises Price Target to $310
📈 PositiveCredicorp Q3 EPS $6.17 Beats $6.05 Estimate, Sales $1.513B Miss $1.590B Estimate
➖ NeutralUBS Maintains Buy on Credicorp, Raises Price Target to $318
📈 PositiveFrequently Asked Questions about BAP
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