Credicorp Ltd. (BAP) fundamental analysis — strengths, weaknesses & financial health based on data analysis
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Credicorp Ltd. (BAP) stock price & volume — 10-year historical chart
Credicorp Ltd. (BAP) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Credicorp Ltd. (BAP) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 12, 2026 | $5.88vs $6.50-9.5% | $1.8Bvs $1.7B+1.8% |
| Q4 2025 | Nov 13, 2025 | $6.17vs $6.29-1.9% | $1.5Bvs $1.6B-6.5% |
| Q3 2025 | Aug 14, 2025 | $6.24vs $5.93+5.2% | $2.1Bvs $1.6B+33.6% |
| Q2 2025 | May 19, 2025 | $6.02vs $5.43+10.9% | $1.9Bvs $1.5B+26.2% |
Credicorp Ltd. (BAP) competitors in Non-US regional and universal banks — business model, growth, and fundamentals comparison
Credicorp Ltd. (BAP) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Credicorp Ltd. (BAP) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Interest Income | 7.81B | 8.02B | 8.46B | 9.07B | 8.54B | 9.32B | 11.06B | 12.89B | 14.07B | 13.55B |
| NII Growth % | 8.4% | 2.72% | 5.56% | 7.11% | -5.77% | 9.08% | 18.71% | 16.54% | 9.1% | -5.8% |
| Net Interest Margin % | 4.99% | 4.7% | 4.78% | 4.83% | 3.6% | 3.83% | 4.7% | 5.4% | 5.49% | 5.31% |
| Interest Income | 10.72B | 10.98B | 11.5B | 12.36B | 11.52B | 11.81B | 14.98B | 18.75B | 19.82B | 18.34B |
| Interest Expense | 2.91B | 2.96B | 3.03B | 3.29B | 2.98B | 2.49B | 3.92B | 5.86B | 5.75B | 4.79B |
| Loan Loss Provision | 1.83B | 1.85B | 1.63B | 1.9B | 6.17B | 1.37B | 1.95B | 3.79B | 3.91B | 2.69B |
| Non-Interest Income | 4.65B | 5.4B | 5.09B | 5.59B | 6.69B | 7.41B | 5.64B | 6.62B | 7.18B | 7.91B |
| Non-Interest Income % | 30.24% | 32.98% | 30.69% | 31.14% | 36.75% | 38.55% | 27.36% | 26.09% | 26.58% | 30.14% |
| Total Revenue | 15.37B▲ 0% | 16.38B▲ 6.6% | 16.59B▲ 1.3% | 17.95B▲ 8.2% | 18.22B▲ 1.5% | 19.22B▲ 5.5% | 20.63B▲ 7.3% | 25.37B▲ 23.0% | 27B▲ 6.4% | 26.25B▲ 0% |
| Revenue Growth % | 6.55% | 6.59% | 1.27% | 8.18% | 1.51% | 5.5% | 7.32% | 23.02% | 6.4% | -6.22% |
| Non-Interest Expense | 5.74B | 6B | 6.34B | 6.78B | 8.85B | 10.03B | 7.89B | 8.87B | 9.51B | 9.23B |
| Efficiency Ratio | 37.32% | 36.61% | 38.19% | 37.8% | 48.57% | 52.18% | 38.24% | 34.96% | 35.22% | 35.18% |
| Operating Income | 4.89B▲ 0% | 5.57B▲ 14.0% | 5.59B▲ 0.3% | 5.98B▲ 6.9% | 224.16M▼ 96.2% | 5.33B▲ 2279.0% | 6.87B▲ 28.8% | 6.85B▼ 0.3% | 7.82B▲ 14.3% | 9.54B▲ 0% |
| Operating Margin % | 31.83% | 34.04% | 33.71% | 33.3% | 1.23% | 27.75% | 33.31% | 26.99% | 28.98% | 36.35% |
| Operating Income Growth % | 12.17% | 13.97% | 0.31% | 6.85% | -96.25% | 2279.01% | 28.84% | -0.32% | 14.25% | - |
| Pretax Income | 4.89B▲ 0% | 5.57B▲ 14.0% | 5.59B▲ 0.3% | 5.98B▲ 6.9% | 224.16M▼ 96.2% | 5.33B▲ 2279.0% | 6.87B▲ 28.8% | 6.85B▼ 0.3% | 7.82B▲ 14.3% | 9.34B▲ 0% |
| Pretax Margin % | 31.83% | 34.04% | 33.71% | 33.3% | 1.23% | 27.75% | 33.31% | 26.99% | 28.98% | 35.59% |
| Income Tax | 1.28B | 1.39B | 1.52B | 1.62B | -109.98M | 1.66B | 2.11B | 1.89B | 2.2B | 2.73B |
| Effective Tax Rate % | 26.2% | 24.99% | 27.2% | 27.16% | -49.06% | 31.15% | 30.72% | 27.58% | 28.13% | 29.2% |
| Net Income | 3.51B▲ 0% | 4.09B▲ 16.4% | 3.98B▼ 2.6% | 4.27B▲ 7.1% | 346.89M▼ 91.9% | 3.58B▲ 933.3% | 4.65B▲ 29.7% | 4.87B▲ 4.7% | 5.5B▲ 13.1% | 6.47B▲ 0% |
| Net Margin % | 22.87% | 24.98% | 24.02% | 23.77% | 1.9% | 18.65% | 22.53% | 19.18% | 20.38% | 24.63% |
| Net Income Growth % | 13.66% | 16.42% | -2.64% | 7.06% | -91.87% | 933.34% | 29.66% | 4.68% | 13.07% | 23.94% |
| Net Income (Continuing) | 3.61B | 4.18B | 4.07B | 4.35B | 334.14M | 3.67B | 4.76B | 4.96B | 5.62B | 6.62B |
| EPS (Diluted) | 44.15▲ 0% | 51.35▲ 16.3% | 49.99▼ 2.6% | 53.53▲ 7.1% | 4.36▼ 91.9% | 44.99▲ 931.9% | 58.13▲ 29.2% | 61.08▲ 5.1% | 69.09▲ 13.1% | 81.37▲ 0% |
| EPS Growth % | 13.67% | 16.31% | -2.65% | 7.08% | -91.86% | 931.88% | 29.21% | 5.07% | 13.11% | 23.78% |
| EPS (Basic) | 44.23 | 51.49 | 50.13 | 53.53 | 4.37 | 45.09 | 58.26 | 61.08 | 69.09 | - |
| Diluted Shares Outstanding | 79.61M | 79.69M | 79.69M | 79.68M | 79.62M | 79.68M | 79.53M | 79.66M | 79.62M | 79.45M |
Credicorp Ltd. (BAP) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 39.63B | 52.11B | 45.86B | 51.47B | 80.11B | 74.42B | 64.2B | 67.34B | 81.72B | 328.39B |
| Cash & Due from Banks | 16.63B | 23.21B | 22.14B | 25.96B | 36.73B | 39.32B | 34.07B | 33.85B | 47.51B | 43.1B |
| Short Term Investments | 23B | 28.9B | 23.72B | 25.51B | 43.37B | 35.09B | 30.13B | 33.49B | 34.21B | 38.01B |
| Total Investments | 124.31B | 135.03B | 140.35B | 140.24B | 184.12B | 196.52B | 182.24B | 183.24B | 186.1B | 189.27B |
| Investments Growth % | 5.48% | 8.62% | 3.94% | -0.08% | 31.29% | 6.73% | -7.26% | 0.55% | 1.56% | -12.7% |
| Long-Term Investments | 101.32B | 106.13B | 116.63B | 114.73B | 140.75B | 161.42B | 152.11B | 149.75B | 151.22B | 598.72B |
| Accounts Receivables | 784.39M | 779.68M | 865.17M | 870.41M | 1.2B | 1.28B | 1.44B | 2.81B | 2.64B | 0 |
| Goodwill & Intangibles | 1.96B | 1.98B | 2.06B | 2.53B | 2.64B | 2.71B | 2.9B | 3.23B | 3.29B | 4.6B |
| Goodwill | 636.15M | 635.98M | 591.33M | 865.82M | 820.9M | 796.86M | 772.21M | 798.48M | 722.36M | 1.29B |
| Intangible Assets | 1.32B | 1.34B | 1.46B | 1.67B | 1.82B | 1.91B | 2.13B | 2.43B | 2.57B | 3.31B |
| PP&E (Net) | 1.55B | 1.51B | 1.6B | 2.36B | 2.17B | 1.9B | 1.9B | 1.96B | 1.99B | 2.73B |
| Other Assets | 9.05B | 5.45B | 7.4B | 5.32B | -341.6M | -10.7B | 690.22M | 2.74B | 3.54B | 15.61B |
| Total Current Assets | 42.05B | 54.93B | 49.12B | 62.39B | 90.5B | 86.97B | 76.68B | 79.99B | 94.2B | 81.11B |
| Total Non-Current Assets | 114.38B | 115.55B | 128.15B | 125.47B | 146.91B | 156.47B | 158.73B | 158.85B | 161.21B | 174.2B |
| Total Assets | 156.44B▲ 0% | 170.47B▲ 9.0% | 177.26B▲ 4.0% | 187.86B▲ 6.0% | 237.41B▲ 26.4% | 243.44B▲ 2.5% | 235.41B▼ 3.3% | 238.84B▲ 1.5% | 256.09B▲ 7.2% | 255.3B▲ 0% |
| Asset Growth % | 0.61% | 8.97% | 3.98% | 5.98% | 26.37% | 2.54% | -3.3% | 1.46% | 7.22% | 15.24% |
| Return on Assets (ROA) | 2.25% | 2.5% | 2.29% | 2.34% | 0.16% | 1.49% | 1.94% | 2.05% | 2.22% | 2.53% |
| Accounts Payable | 1.51B | 1.88B | 1.54B | 1.67B | 1.79B | 2.93B | 3.12B | 3.8B | 3.65B | 847.01M |
| Total Debt | 38.56B | 37.65B | 33.32B | 32.3B | 50.97B | 47.71B | 39.49B | 37.55B | 37.49B | 33.63B |
| Net Debt | 21.93B | 14.45B | 11.18B | 6.34B | 14.24B | 8.39B | 5.42B | 3.7B | -10.02B | -9.47B |
| Long-Term Debt | 23.02B | 23.85B | 23.9B | 23.78B | 22.29B | 25.04B | 24.82B | 25.23B | 26.65B | 23.45B |
| Short-Term Debt | 15.54B | 13.81B | 9.42B | 7.69B | 27.94B | 22.01B | 14.09B | 11.82B | 10.43B | 10.18B |
| Other Liabilities | 9.26B | 10.56B | 12.4B | 13.75B | 15.58B | 15.14B | 16.05B | 16.27B | 17.87B | 25.05B |
| Total Current Liabilities | 103.86B | 113.66B | 116.59B | 122.62B | 173.24B | 175.71B | 164.29B | 163.61B | 176.13B | 169.54B |
| Total Non-Current Liabilities | 32.46B | 34.55B | 36.41B | 38.49B | 38.72B | 40.9B | 41.53B | 42.12B | 44.98B | 48.5B |
| Total Liabilities | 136.32B | 148.22B | 153B | 161.11B | 211.96B | 216.61B | 205.82B | 205.73B | 221.11B | 218.04B |
| Total Equity | 20.12B▲ 0% | 22.25B▲ 10.6% | 24.27B▲ 9.0% | 26.75B▲ 10.2% | 25.45B▼ 4.9% | 26.83B▲ 5.5% | 29.6B▲ 10.3% | 33.11B▲ 11.9% | 34.98B▲ 5.6% | 37.26B▲ 0% |
| Equity Growth % | 20.26% | 10.62% | 9.04% | 10.22% | -4.86% | 5.45% | 10.3% | 11.87% | 5.65% | 26.93% |
| Equity / Assets (Capital Ratio) | 12.86% | 13.05% | 13.69% | 14.24% | 10.72% | 11.02% | 12.57% | 13.86% | 13.66% | 14.59% |
| Return on Equity (ROE) | 19.08% | 19.31% | 17.13% | 16.72% | 1.33% | 13.71% | 16.47% | 15.52% | 16.16% | 17.35% |
| Book Value per Share | 252.68 | 279.25 | 304.52 | 335.66 | 319.58 | 336.77 | 372.11 | 415.63 | 439.31 | 468.90 |
| Tangible BV per Share | 228.05 | 254.42 | 278.72 | 303.88 | 286.43 | 302.76 | 335.66 | 375.13 | 398.00 | 411.05 |
| Common Stock | 1.32B | 1.32B | 1.32B | 1.32B | 1.32B | 1.32B | 1.32B | 1.32B | 1.32B | 1.32B |
| Additional Paid-in Capital | 280.88M | 271.95M | 246.19M | 226.04M | 192.63M | 228.85M | 231.56M | 228.24M | 176.31M | 139.53M |
| Retained Earnings | 3.52B | 4.27B | 4.18B | 4.37B | 347.15M | 3.18B | 4.28B | 4.57B | 5.64B | 34.96B |
| Accumulated OCI | 1.21B | 1.46B | 708.45M | 1.09B | 1.87B | 235.9M | -650.12M | 26.55B | 27.42B | 353.14M |
| Treasury Stock | -209.32M | -208.94M | -207.99M | -207.84M | -208.43M | -207.53M | -207.52M | -208.03M | -208.88M | -209.84M |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Credicorp Ltd. (BAP) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -1.46B | 9.3B | -251.57M | 6.93B | 12.69B | 3.97B | -1.15B | 4.08B | 14.52B | 14.52B |
| Operating CF Growth % | -6.98% | 738.16% | -102.7% | 2856.16% | 82.95% | -68.68% | -128.98% | 454.32% | 255.96% | -312.69% |
| Net Income | 3.61B | 4.18B | 4.07B | 4.35B | 346.89M | 3.67B | 4.76B | 4.87B | 5.62B | 6.47B |
| Depreciation & Amortization | 411.43M | 426.42M | 436.53M | 639.07M | 676.93M | 690.56M | 690.61M | 667.12M | 722.57M | 831.95M |
| Deferred Taxes | 28.23M | -3.56M | 91.1M | -52.44M | -1.15B | 547.39M | 113.06M | -76.09M | -54.94M | 0 |
| Other Non-Cash Items | 1.04B | 569.43M | 1.06B | 1.08B | 5.56B | 1.02B | 1.76B | 1.75B | 2.16B | 217.45M |
| Working Capital Changes | -6.64B | 4.02B | -6.02B | 797.62M | 7.14B | -2.03B | -8.55B | -3.21B | 5.96B | -2.75B |
| Cash from Investing | -1.98B | 405.67M | -234.09M | 726.21M | -1.87B | -3.73B | -1.09B | -1.26B | 527.56M | 367.43M |
| Purchase of Investments | -1.55B | 0 | 0 | -1.69B | -2.84B | -3.68B | -1.12B | -1.36B | -176.6M | 0 |
| Sale/Maturity of Investments | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 |
| Net Investment Activity | -1.55B | 1000K | 1000K | -1.69B | -2.84B | -3.68B | -1.12B | -1.36B | -175.6M | 0 |
| Acquisitions | 0 | 0 | 0 | -375.95M | 0 | 0 | 0 | -5.56M | 0 | 0 |
| Other Investing | -318.49M | -121.1M | -348.62M | -330.95M | -537.49M | -532.86M | -785.79M | -813.32M | -726.37M | 675.5M |
| Cash from Financing | -1.61B | -2.34B | -1.4B | -3.55B | -2.09B | -465.3M | -1.6B | -2.26B | -1.81B | -3.75B |
| Dividends Paid | -653.33M | -2.23B | -1.13B | -2.23B | -2.39B | -398.81M | -1.2B | -1.99B | -3.66B | -4.06B |
| Share Repurchases | -66.53M | -71.01M | -95.41M | -103.22M | -151.96M | -58.91M | -83.61M | -85.58M | -110.89M | -123.15M |
| Stock Issued | 0 | 0 | 0 | 0 | 0 | 3.75M | 9.95M | 0 | 0 | 0 |
| Net Stock Activity | -66.53M | -71.01M | -95.41M | -103.22M | -151.96M | -55.16M | -73.66M | -85.58M | -110.89M | -123.15M |
| Debt Issuance (Net) | -1000K | -1000K | 0 | -1000K | 1000K | 1000K | -1000K | -1000K | 1000K | -2M |
| Other Financing | -489.87M | 0 | -174.47M | -90.41M | -64.57M | -39.35M | -79.51M | -89.4M | -166.39M | 7.86B |
| Net Change in Cash | -5.41B▲ 0% | 6.58B▲ 221.6% | -1.05B▼ 116.0% | 3.81B▲ 462.7% | 10.76B▲ 182.2% | 2.56B▼ 76.2% | -5.17B▼ 302.1% | -200.35M▲ 96.1% | 13.65B▲ 6912.9% | 43.03B▲ 0% |
| Exchange Rate Effect | -1000K | -1000K | 1000K | -1000K | 1000K | 1000K | -1000K | -1000K | 1000K | -2M |
| Cash at Beginning | 22.04B | 16.63B | 23.21B | 22.16B | 25.97B | 36.73B | 39.29B | 34.12B | 33.92B | 41.41B |
| Cash at End | 16.63B | 23.21B | 22.16B | 25.97B | 36.73B | 39.29B | 34.12B | 33.92B | 47.57B | 43.03B |
| Interest Paid | 2.77B | 2.89B | 3.03B | 3.19B | 2.96B | 2.23B | 2.85B | 5.08B | 5.85B | 5.88B |
| Income Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | -1.76B▲ 0% | 8.89B▲ 606.3% | -852.82M▼ 109.6% | 6.43B▲ 853.6% | 12.05B▲ 87.5% | 3.33B▼ 72.3% | -2.05B▼ 161.4% | 2.93B▲ 243.0% | 13.41B▲ 357.9% | 4.55B▲ 0% |
| FCF Growth % | -0.83% | 606.28% | -109.6% | 853.62% | 87.53% | -72.35% | -161.44% | 243.01% | 357.93% | 133.72% |
Credicorp Ltd. (BAP) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 19.08% | 19.31% | 17.13% | 16.72% | 1.33% | 13.71% | 16.47% | 15.52% | 16.16% | 17.35% |
| Return on Assets (ROA) | 2.25% | 2.5% | 2.29% | 2.34% | 0.16% | 1.49% | 1.94% | 2.05% | 2.22% | 2.53% |
| Net Interest Margin | 4.99% | 4.7% | 4.78% | 4.83% | 3.6% | 3.83% | 4.7% | 5.4% | 5.49% | 5.31% |
| Efficiency Ratio | 37.32% | 36.61% | 38.19% | 37.8% | 48.57% | 52.18% | 38.24% | 34.96% | 35.22% | 35.18% |
| Equity / Assets | 12.86% | 13.05% | 13.69% | 14.24% | 10.72% | 11.02% | 12.57% | 13.86% | 13.66% | 14.59% |
| Book Value / Share | 252.68 | 279.25 | 304.52 | 335.66 | 319.58 | 336.77 | 372.11 | 415.63 | 439.31 | 468.9 |
| NII Growth | 8.4% | 2.72% | 5.56% | 7.11% | -5.77% | 9.08% | 18.71% | 16.54% | 9.1% | -1.73% |
| Dividend Payout | 18.59% | 54.55% | 28.38% | 52.36% | 689.79% | 11.13% | 25.74% | 40.98% | 66.61% | 62.76% |
Credicorp Ltd. (BAP) stock FAQ — growth, dividends, profitability & financials explained
Credicorp Ltd. (BAP) grew revenue by 6.4% over the past year. This is steady growth.
Yes, Credicorp Ltd. (BAP) is profitable, generating $6.47B in net income for fiscal year 2024 (20.4% net margin).
Yes, Credicorp Ltd. (BAP) pays a dividend with a yield of 4.04%. This makes it attractive for income-focused investors.
Credicorp Ltd. (BAP) has a return on equity (ROE) of 16.2%. This is reasonable for most industries.
Credicorp Ltd. (BAP) has a net interest margin (NIM) of 5.5%. This indicates healthy earnings from lending activities.
Credicorp Ltd. (BAP) has an efficiency ratio of 35.2%. This is excellent, indicating strong cost control.
Credicorp Ltd. (BAP) financial analysis — history, returns, DCA and operating performance tools
Analyst verdict, bull/bear case, risk factors and peer comparison
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates