Credicorp Ltd. (BAP) AI Stock Analysis

Credicorp Ltd. is a financial conglomerate founded in 1889 and headquartered in Lima, Peru. The company operates through several core segments, including Universal Banking, which delivers credits, deposits, and checking accounts to individuals and legal entities. Its Insurance and Pensions segment provides commercial property, transport, marine vessels, automobiles, life, health, and pension coverage, while managing private pension funds. The Microfinance segment delivers tailored loans, deposits, and checking accounts to small and microenterprises. Credicorp also provides investment banking, equity management, brokerage, advisory services, mutual fund management, and transaction structuring.

Credicorp demonstrated consistent revenue growth from FY2021 to FY2025, recording a 5-year revenue CAGR of 9.7% from FY2020 to FY2025. Annual revenue expanded from $19.22B in FY2021 (up 5.5%) to $20.63B in FY2022 (up 7.3%), $25.37B in FY2023 (up 23.0%), $27.00B in FY2024 (up 6.4%), and $28.92B in FY2025 (up 7.1%). Operating margin rose to 34.4% in FY2025 from 27.7% in FY2021, while net income grew from $3.58B to $6.93B, lifting diluted EPS from $22.39 to $24.87. For the latest quarter ended June 30, 2026, quarterly revenue increased 12.0% year-over-year, and quarterly earnings grew 8.6%, contributing to TTM revenue of $22.27B.

As of June 30, 2026, Credicorp held $41.23B in cash and short-term investments against total debt of $36.03B, resulting in net cash of $5.21B. Total assets stood at $282.32B and shareholders equity was $38.05B, reflecting a current ratio of 2.37 and a debt-to-equity ratio of 0.95. In FY2025, the company generated $8.05B in operating cash flow and $7.74B in free cash flow. Cash deployment in FY2025 included $315.9M in capital expenditures, $112.4M in share buybacks, and $3.00B in dividends paid.

Credicorp trades at a trailing P/E of 14.7x and a forward P/E of 10.1x, compared to medians of 12.1x and 10.8x for US-listed Financial Services peers. Its price-to-sales multiple is 1.4x, below the peer median of 3.2x, while its enterprise value is $20.45B and price-to-book ratio is 2.8x. Over the past year, the stock returned 61.9%, outperforming the S&P 500 (SPY) return of 16.8%. Over a 5-year period, Credicorp delivered a return of 275.2% against 83.0% for the S&P 500, with a beta of 0.87.

Credicorp pays an annual dividend with a forward rate of $14.41 per share, representing a dividend yield of 3.69% and a payout ratio of 53.4%. The company has paid dividends for 31 consecutive years, achieving an annualized 5-year dividend growth rate of 4.6%. The last ex-dividend date occurred on May 18, 2026.

Wall Street analysts covering Credicorp maintain 8 Strong Buy, 4 Buy, and 2 Hold ratings, with 0 Sell or Strong Sell recommendations. The mean price target is $427.48, representing 9.5% upside from the last close of $390.26. Credicorp beat EPS estimates in 3 of the last 4 quarters. For the fiscal year ending December 31, 2026, analysts estimate EPS of $29.72 on revenue of $7.64B. Credicorp is scheduled to report its next earnings on November 9, 2026.

This page is an AI-written research summary of Credicorp Ltd. (BAP). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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