Credicorp Ltd

Credicorp Ltd

BAP

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Market Cap$29.36B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Credicorp LtdCredicorp Ltd13.93.92%19%10.8

Earnings Call Q1 2026

May 15, 2026 - AI Summary

Strong Q1 performance (beat expectations) - ROE: 21.1% (record/very strong), supported by broad-based operating momentum and improving credit metrics. - Net income: record high; efficiency ratio: 45.8% (within guidance). - Innovation monetization: 9% of risk-adjusted revenues from the innovation portfolio in Q1, progressing toward the 10% target by end-2026.
Loan growth + funding mix improved; NIM strengthened despite lower rates - Loans (quarter-end): +8.2% QoQ; driven mainly by BCP and Mibanco (retail/wholesale contributions). - NIM: 6.6% (supported by low-cost deposits gaining share). - Low-cost funding share: reached 41.2% of deposits at quarter end (BCP funding base cited at 63.9% low-cost deposits). - Core income growth: +13.3% YoY; net interest income +10.9% YoY, fees +15.6% YoY, FX gains +30.6% YoY (transactional/digital volume drivers).
Asset quality improved; cost of risk below expectations (with caution on normalization) - NPL ratio: 4.3% (improved; management notes it’s below pre-2023 recession levels). - Coverage ratio: 113.8%; provisions down over the last 12 months (repayment strength + tighter risk management). - Cost of risk: 1.3% for the quarter (Q1 below expectations). - Outlook: cost of risk expected to increase modestly as retail/micro segments scale up and as newer/smaller customers are incorporated—expected to remain within risk appetite.

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$390.00

Target Price by Analysts

5.5% upsideCredicorp Target Price DetailsTarget Price
$371.34

Current Fair Value

0.5% upside

Undervalued by 0.5% based on the discounted cash flow analysis.

Share Statistics

Market cap$29.36 Billion
Enterprise Value$17.46 Billion
Dividend Yield$14.48 (3.92%)
Earnings per Share$87.25
Beta0.86
Outstanding Shares79,391,844

Return

Return on Equity18.56%ROE
Return on Assets2.67%
Return on Invested Capital4.07%

Valuation & Multiples

P/E Ratio13.86P/E Ratio
PEG87.46PEG
Price to Sales1.02Price to Sales
Price to Book Ratio0.75Price to Book Ratio
Enterprise Value to Revenue0.61
Enterprise Value to EBIT1.66
Enterprise Value to Net Income2
Total Debt to Enterprise1.8
Debt to Equity0.81Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
May 18, 2026
EPS Estimate
$7.00
Average shareholder expectation
Revenue Estimate
$1.82 B
Average shareholder expectation

Next Earnings Call

Expected Date
August 13, 2026
EPS Estimate
$7.19
Average shareholder expectation
Revenue Estimate
$1.64 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio1.3116▲ 7.19%
Total Calls33,700▲ 55.30%
Total Puts44,200▲ 64.31%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %71.54%▲ 0.99%
Total Invested$19.29B▲ 19.78%
Investors Holding427▲ 19.00%

ESG Score

No data

About Credicorp Ltd

Relevant Senate Committees

Joint Committee on Taxation

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Finance

This powerful committee controls taxation and trade policy, which directly impact a bank's profitability, capital structure, and international operations. Its decisions have significant financial implications for institutions like Credicorp Ltd.

Banking, Housing, and Urban Affairs

This is the primary committee for financial regulation, directly impacting bank capital requirements, cryptocurrency regulation, and real estate markets. Its decisions would directly affect Credicorp Ltd's U.S. operations, international transactions, and compliance framework.