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

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

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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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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.

Credicorp Ltd.: Credicorp to add live webcast to the New York Investor Digital Day on March 15

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Lima, Feb. 03, 2022 (GLOBE NEWSWIRE) -- Lima, PERU, January 28, 2022 – Credicorp Ltd. announces to its shareholders and the market that its 4Q21 Earnings Release Report will be released on Monday February 07, 2022 after market close.

Reminder: Credicorp Ltd.: Credicorp's Earnings Release and Conference Call 4Q21

Lima, Jan. 28, 2022 (GLOBE NEWSWIRE) -- Lima, PERU, January 28 , 202 2 – Credicorp Ltd. announces to its shareholders and the market that its 4Q21 Earnings Release Report will be released on Monday February 07, 2022 after market close.

Credicorp Ltd.: Credicorp's Earnings Release and Conference Call 4Q21

Lima, Jan. 27, 2022 (GLOBE NEWSWIRE) -- Lima, PERU, January 27th, 2022 – Credicorp Ltd. announces that the Board of Directors, in its session held on January 27th, 2022, appointed Francesca Raffo as Chief Innovation Officer of Credicorp, effective February 1st, 2022.

Credicorp Ltd.: Credicorp appoints Francesca Raffo as Chief Innovation Officer, effective February 1st, 2022

Lima, Jan. 26, 2022 (GLOBE NEWSWIRE) -- Lima, PERU, January 26, 2022 -- Credicorp (NYSE: BAP), today announced that it will host an Investor Digital Day on Tuesday, March 15, 2022, in New York City, and Wednesday, March 16, 2022 in London.

Credicorp Ltd.: Credicorp to host Investor Digital Day on March 15 in New York and March 16 in London

Lima, Jan. 17, 2022 (GLOBE NEWSWIRE) -- Lima, PERU, January 17, 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 4Q21's earnings release on January 24. This period will end on the date of the release, February 7. 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 “4Q21 quiet period”

Lima, Jan. 13, 2022 (GLOBE NEWSWIRE) -- Lima, PERU, January 13th, 2022 – In line with Credicorp's corporate sustainability strategy, Banco de Credito del Peru (“BCP”) has developed a Sustainability Financing Framework that establishes the parameters and processes that BCP and Mibanco must observe to launch financing instruments for green or social purposes, including bonds and commercials papers issued through public or private placements, loans and repos.

Credicorp Ltd.: Credicorp's BCP is first bank in Latam to obtain a “Strong” rating for its Sustainable Financing Framework

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Lima, Dec. 23, 2021 (GLOBE NEWSWIRE) -- Lima, PERU, December 23th, 2021 – Credicorp Ltd. announces to its shareholders and the market the decisions made by the Board of Directors in the session held on December 23th, 2021.

Credicorp LTD: Decisions made by Credicorp's Board December 2021

Lima, Dec. 15, 2021 (GLOBE NEWSWIRE) -- Lima, PERU, December 15th, 2021 – Credicorp Ltd. announces to its shareholders and the market the schedule defined for the issuing of 2022 Quarterly Earnings Releases.  This schedule is published in Credicorp's website: https://credicorp.gcs-web.com under section: Investors / Financials / Conference Calls in Upcoming Events. Any change to this schedule will be communicated through a new Press Release.

Credicorp Ltd.: Credicorp's 2022 Quarterly Earnings Releases

Credicorp Ltd. (BAP) CEO Walter Bayly on Q3 2021 Results - Earnings Call Transcript

Credicorp (BAP) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Credicorp (BAP) Ahead of Earnings?

Lima, Oct. 22, 2021 (GLOBE NEWSWIRE) -- Lima, PERU, October 22 , 202 1 – Credicorp Ltd. announces to its shareholders and the market that its 3Q21 Earnings Release Report will be released on Thursday November 04, 2021 after market close.

Credicorp Ltd.: Credicorp's Earnings Release and Conference Call 3Q21

Lima, Oct. 14, 2021 (GLOBE NEWSWIRE) -- Lima, PERU, October 14 , 20 2 1 -- 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 3Q21's earnings release on October 21. This period will end on the date of the release, November 04. 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 “3Q21 quiet period”

Lima, Oct. 13, 2021 (GLOBE NEWSWIRE) -- Lima, PERU, October 13, 2021.- Credicorp, a leading financial holding company in Peru with operations across Latinamerica, has assumed the commitment to become carbon neutral by 2032 at its own operations by reducing and offsetting all direct emissions generated by its subsidiaries in their daily activities.

Credicorp Ltd.: Credicorp commits to becoming carbon neutral by 2032

lima, Aug. 27, 2021 (GLOBE NEWSWIRE) -- Lima, PERU, August 26th, 202 1 – Credicorp Ltd. announces to its shareholders and the market that the Board of Directors, in its session held on August 26th, 2021, approved the distribution of dividend according to the Bye-Laws of the Company, and considering a total net income of S/346,894,407.43, attained in the financial year 2020 and additional funds from the account non-restricted special reserves.

Credicorp Ltd.: Credicorp's declaration of dividends

Credicorp Ltd. (BAP) CEO Walter Bayly on Q2 2021 Results - Earnings Call Transcript

Lima, July 28, 2021 (GLOBE NEWSWIRE) -- Lima, PERU, July 28 , 202 1 – Credicorp Ltd. announces to its shareholders and the market that its 2Q21 Earnings Release Report will be released on Thursday August 12, 2021 after market close.

Credicorp Ltd.: Credicorp's Earnings Release and Conference Call 2Q21

LIMA, Peru--(BUSINESS WIRE)--With the pace of vaccination continuing to accelerate and an economic reopening taking shape, Brazil, Latin America's largest economy is growing presenting attractive investment opportunities in all asset classes: Sovereign, Fixed Income and Equities. The local market is going through a major transformation, which has been going on since before the pandemic, but was certainly accelerated by it. In 2018 alone, the number of participants in the local market (Bovespa)

News for Credicorp Stock (BAP)