Credicorp

Credicorp Ltd. operates as a holding company, which engages in the provision of financial services. It operates through the following segments: Universal Banking; Microfinance; Insurance and Pensions; and Investment Banking and Wealth Management. The Universal Banking segment focuses on lending and investment services. The Microfinance segment consists of subsidiaries offering commercial banking activities and specialized financial services to support small and micro business clients. The Insurance and Pensions segment offers insurance products for property and casualty, life insurance business, and corporate health insurance and medical services. The Investment Banking and Wealth Management segment comprises of asset management, capital markets, corporate finance, and wealth management business units. The company was founded on August 17, 1995 and is headquartered in Lima, Peru.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

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Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Credicorp reports strong Q4 earnings, eyes digital transformation for growth

Credicorp's Q4 performance showcased robust net income growth and a focus on sustainability and inclusion amidst challenges in asset quality.
The company aims for digital transformation and higher ROE in 2023, despite concerns over expenses and macroeconomic uncertainties.
Mibanco's risk management strategies and NIM expansion plans offer opportunities for growth and efficiency improvements.
Overall, Credicorp navigates through challenges with a strategic outlook towards sustainable growth and digital innovation.

Credicorp reports robust Q1 earnings amidst economic challenges in Peru

Credicorp navigated challenges in Peru's economy to achieve strong financial performance, focusing on stakeholder value and sustainability.
Despite facing profitability challenges in certain segments, the company demonstrated resilience and strategic planning for future growth opportunities.
Maintaining asset quality and cost of risk within guidance, while exploring inorganic growth and focusing on stable businesses, positions Credicorp for long-term success.
With a cautious outlook on certain markets, the company remains optimistic about growth opportunities and the expansion of its payment network functionalities.

Credicorp reports strong Q2 earnings, faces asset quality challenges

Credicorp's Q2 performance showed resilience amidst challenges, with a focus on retail expansion and noninterest income growth. The company faces challenges from deteriorating asset quality and higher cost of risk, but sees opportunities in Yape's growth and strategic business plans.

Credicorp resilient in face of challenges, Yape's growth accelerates

Credicorp and Yape demonstrated growth amidst economic challenges, with a focus on innovation and resilience. Yape's success in user acquisition and market share expansion is a key driver of future revenue.

Credicorp reports resilient 2023 performance, eyes growth in 2024

Credicorp navigated challenges well in 2023, focusing on digital capabilities and customer loyalty. Strong performance in Universal Banking and Insurance segments. Addressing cost-to-income ratio challenges with a focus on efficiency. Positioned for growth in 2024 with opportunities in macroeconomic improvements and digital initiatives.

Credicorp reports robust Q1 performance, eyes digital innovation for growth

Credicorp maintains strong financial performance amidst economic challenges. Emphasis on innovation and digital capabilities for client relationships. Challenges include NPLs increase and rising operating expenses.

Credicorp reports solid Q2 earnings, eyes dividend distribution and growth

Credicorp's Q2 performance reflects resilience and strategic initiatives positioning for 2024 ROE guidance.
Despite challenges, the company remains confident in its hybrid business models and realigning risk capabilities.
Focus on digital advancements, customer-centric growth, and stable economic outlook in Peru support long-term ROE targets.

Credicorp reports record earnings, eyes growth through diversification and digital transformation

Credicorp's strong performance in Q3 2024 driven by record bottom line and robust ROE across business segments.
Strategic focus on diversification, cybersecurity, and digital transformation to capitalize on growth opportunities.
Challenges include managing interest rate risks, capital deployment, and maintaining asset quality amidst economic uncertainties.

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Credicorp (BAP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Credicorp (BAP) Earnings Expected to Grow: Should You Buy?

Lima, Jan. 27, 2023 (GLOBE NEWSWIRE) -- Lima, PERU, January 27 th , 202 3 – Credicorp Ltd. announces to its shareholders and the market that its 4Q22 Earnings Release Report will be released on Thursday February 9th, 2022, after market close.

Credicorp Ltd.: Credicorp's Earnings Release and Conference Call 4Q22

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Lima, Jan. 19, 2023 (GLOBE NEWSWIRE) -- Lima, PERU, January 19th, 2023 -- Credicorp (NYSE: BAP) announces that in accordance with its corporate disclosure policies and to prevent any leaks of financial results and ensure fairness, the Company will start the quiet period for 4Q22's earnings release on January 26. This period will end on the date of the release, February 9. During the quiet period, the Company will not disclose any financial, comment on financial results, or respond to related questions.

Credicorp Ltd.: Credicorp's “4Q22 quiet period”

Does Credicorp (BAP) have what it takes to be a top stock pick for momentum investors? Let's find out.

What Makes Credicorp (BAP) a Strong Momentum Stock: Buy Now?

Lima, Dec. 16, 2022 (GLOBE NEWSWIRE) -- Lima, PERU, Decemb er 1 6 th , 202 2 – Credicorp Ltd. announces to its shareholders and the market the schedule defined for the issuing of 2023 Quarterly Earnings Releases.

Credicorp Ltd: Credicorp's 2023 Quarterly Earnings Releases

Credicorp's ROE remains best-in-class on continued loan growth and NIM expansion. The guidance seems conservative, likely paving the way for more beats-and-raises ahead.

Credicorp: Discounted Play On The Peruvian Rate Cycle

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Credicorp Ltd (NYSE:BAP ) Q3 2022 Earnings Conference Call November 4, 2022 10:30 AM ET Company Participants Milagros Ciguenas - Head, IR Gianfranco Ferrari - CEO Francesca Raffo - Chief Innovation Officer Cesar Rios - CFO & Head, Finance Reynaldo Llosa - Chief Risk Officer Conference Call Participants Jason Mollin - Scotiabank Ernesto Gabilondo - Bank of America Merrill Lynch Thiago Batista - UBS Daer Labarta - Goldman Sachs Carlos Gomez - HSBC Sergey Dubin - Harding Loevner Andres Soto - Santander Yuri Fernandes - JPMorgan Chase & Co. Operator Good morning, everyone. I would like to welcome all of you to the Credicorp Ltd.

Credicorp Ltd (BAP) Q3 2022 Earnings Call Transcript

Lima, Oct. 21, 2022 (GLOBE NEWSWIRE) -- Lima, PERU, October 21, 2022 – Credicorp Ltd. announces to its shareholders and the market that its 3Q22 Earnings Release Report will be released on Thursday November 3, 2022, after market close.

Credicorp Ltd.: Credicorp's Earnings Release and Conference Call 3Q22

Lima, Oct. 13, 2022 (GLOBE NEWSWIRE) -- Lima, PERU, October 13 th , 20 2 2 -- Credicorp (NYSE: BAP) announces that in accordance with its corporate disclosure policies and to prevent any leaks of financial results and ensure fairness, the Company will start the quiet period for 3Q22's earnings release on October 20th. This period will end on the date of the release, November 3rd. During the quiet period, the Company will not disclose any financial, comment on financial results, or respond to related questions.

Credicorp Ltd.: Credicorp's “3Q22 quiet period”

Credicorp Ltd. (NYSE:BAP ) Q2 2022 Results Conference Call August 12, 2022 10:30 AM ET Company Participants Milagros Cigüeñas - IRO Gianfranco Ferrari - CEO Cesar Rios - CFO Francesca Raffo - Chief Innovation Officer Reynaldo Llosa - Chief Risk Officer Diego Cavero - Head, Universal Banking Cesar Rivera - Head, Insurance and Pensions Conference Call Participants Ernesto Gabilondo - Bank of America Jason Mollin - Scotiabank Andres Soto - Santander Alonso Garcia - Credit Suisse Tito Labarta - Goldman Sachs Thiago Batista - UBS Carlos Gomez Lopez - HSBC Yuri Fernandes - JP Morgan Operator Good morning, everyone.

Credicorp Ltd. (BAP) CEO Gianfranco Ferrari on Q2 2022 Results - Earnings Call Transcript

Credicorp (BAP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Credicorp (BAP) Reports Next Week: Wall Street Expects Earnings Growth

Lima, July 28, 2022 (GLOBE NEWSWIRE) -- Lima, PERU, July 28, 2022 – Credicorp Ltd. announces to its shareholders and the market that its 2Q22 Earnings Release Report will be released on Thursday August 11, 2022 after market close.

Credicorp Ltd.: Credicorp's Earnings Release and Conference Call 2Q22

Lima, July 20, 2022 (GLOBE NEWSWIRE) -- Lima, PERU, July 20, 2022 -- Credicorp (NYSE: BAP) announces that in accordance with its corporate disclosure policies and to prevent any leaks of financial results and ensure fairness, the Company will start the quiet period for 2Q22's earnings release on July 27. This period will end on the date of the release, August 11. During the quiet period, the Company will not disclose any financial information, comment on financial results, or respond to related questions.

Credicorp Ltd.: Credicorp's “2Q22 quiet period”

Lima, June 27, 2022 (GLOBE NEWSWIRE) -- Lima, PERU, June 27, 2022 -- Credicorp (NYSE: BAP) announces that BCP issued the first international bond in the Peruvian banking system for a total of US$30 million  following the publication of its Sustainable Financing Framework in January 2022. Amundi, a French firm and Europe's leading asset manager, acquired 100% of the issuance through its Amundi Planet - Emerging Green One Fund. The funds raised will initially be used to finance projects to develop eco-friendly production plants.

Credicorp Ltd.: Credicorp's BCP issues the first international green bond in the Peruvian banking system

Credicorp Ltd (NYSE:BAP ) Q1 2022 Earnings Conference Call May 6, 2022 10:30 AM ET Company Participants Milagros Ciguenas - Head, IR Gianfranco Ferrari - CEO Cesar Rios - CFO & Head, Finance Reynaldo Llosa - Chief Risk Officer Conference Call Participants Ernesto Gabilondo - Bank of America Merrill Lynch Jason Mollin - Scotiabank Daer Labarta - Goldman Sachs Group Carlos Gomez - HSBC Geoffrey Elliott - Autonomous Research Yuri Fernandes - JPMorgan Chase & Co. Olavo Duarte - UBS Alonso Aramburú - BTG Alonso Garcia - Crédit Suisse Andres Soto - Santander Operator Good morning, everyone. I would like to welcome all of you to the Credicorp Ltd, First Quarter 2022 Conference Call.

Credicorp Ltd (BAP) CEO Gianfranco Ferrari on Q1 2022 Results - Earnings Call Transcript

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Lima, April 26, 2022 (GLOBE NEWSWIRE) -- Lima, PERU, April 26 , 20 2 2 -- Credicorp (NYSE: BAP) has filed its Annual Report on Form 20-F for the year ended December 31st, 2021 with the Securities and Exchange Commission. The 2021 Form 20-F includes audited consolidated financial statements of Credicorp and its subsidiaries as of December 31st, 2020 and 2021 and for the years ended December 31st, 2019, 2020 and 2021 under International Financial Reporting Standards (IFRS).

Credicorp Ltd.: Credicorp Announces Filing Form 20-F 2021

Lima, April 22, 2022 (GLOBE NEWSWIRE) -- Lima, PERU, April 22 , 202 2 – Credicorp Ltd. announces to its shareholders and the market that its 1Q22 Earnings Release Report will be released on Thursday May 05, 2022 after market close.

Credicorp Ltd.: Credicorp's Earnings Release and Conference Call 1Q22

Lima, April 14, 2022 (GLOBE NEWSWIRE) -- Lima, PERU, April 1 4 , 20 2 2 -- Credicorp (NYSE: BAP) announces that in accordance with its corporate disclosure policies and to prevent any leaks of financial results and ensure fairness, the Company will start the quiet period for 1Q22's earnings release on April 21. This period will end on the date of the release, May 05. During the quiet period, the Company will not disclose any financial information, comment on financial results, or respond to related questions.

Credicorp Ltd.: Credicorp's “1Q22 quiet period”

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Here is how Credicorp (BAP) and Berkshire Hathaway B (BRK.B) have performed compared to their sector so far this year.

Has Credicorp (BAP) Outpaced Other Finance Stocks This Year?

Lima, March 02, 2022 (GLOBE NEWSWIRE) -- Lima, PERU, March 2, 2022 -- Credicorp Ltd. (NYSE: BAP), today announced that it will live broadcast the Investor Digital Day taking place in New York on Tuesday, March 15, 2022. A live webcast of the presentations, including the question-and-answer session after the prepared remarks, will begin at 9:00 a.m. ET. Credicorp management team members participating in the event will discuss how accelerating innovation and the Group's digital transformation strategy is leveraging the full potential of its growth strategy.

News for Credicorp Stock (BAP)