View ValuationCredicorp 将来の成長Future 基準チェック /46Credicorp利益と収益がそれぞれ年間11.5%と12%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に20.3% 12%なると予測されています。主要情報11.5%収益成長率12.01%EPS成長率Banks 収益成長11.9%収益成長率12.0%将来の株主資本利益率20.32%アナリストカバレッジGood最終更新日22 May 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesお知らせ • May 20Credicorp Ltd. announces Annual dividend, payable on June 12, 2026Credicorp Ltd. announced Annual dividend of USD 50.0000 per share payable on June 12, 2026, ex-date on May 18, 2026 and record date on May 18, 2026.New Risk • May 18New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 4.8% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.2% average weekly change).Reported Earnings • May 16First quarter 2026 earnings released: EPS: S/25.90 (vs S/22.39 in 1Q 2025)First quarter 2026 results: EPS: S/25.90 (up from S/22.39 in 1Q 2025). Revenue: S/5.76b (up 22% from 1Q 2025). Net income: S/2.06b (up 16% from 1Q 2025). Profit margin: 36% (down from 38% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Banks industry in South America. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 15+ 1 more updateCredicorp Ltd. Announces Changes Executive ChangesCredicorp Ltd. announced the appointment of Alejandro Pérez-Reyes Zarak as Head of Microfinance at Credicorp, effective October 1, 2026. Mr. Pérez-Reyes has more than 26 years of experience at Credicorp. Before becoming CFO of Credicorp and BCP, he served as Chief Operating Officer of Credicorp and Head of Corporate Development, among other senior roles. Throughout his tenure, he has been deeply involved in strategy, finance, capital markets, transformation and operating model initiatives across the organization. Javier Ichazo will step down from his role as Head of Microfinance. Credicorp Ltd. also announced the appointment of Rosa Cigüeñas Espinel, currently Transformation Manager at BCP, as Chief Corporate Audit Officer of Credicorp, effective May 1, 2027, succeeding Jose Esposito Li Carrillo upon his retirement. In her current role, Ms. Cigüeñas oversees BCP’s transformation agenda, helping ensure that key initiatives advance effectively and remain aligned with the Bank’s strategic objectives. Ms. Cigüeñas has 17 years of experience at BCP, where she has held leadership roles across technology, transformation, alternative channels and non-financial risks. She has contributed to the modernization of key technology platforms, the strengthening of transformation governance, and the advancement of BCP’s non-financial risk management capabilities. Prior to joining BCP, Ms. Cigüeñas worked for 9 years at Shell in Europe, where she held technology management roles. Ms. Cigüeñas holds an MBA from the McCombs School of Business at The University of Texas at Austin and a bachelor’s degree in Economics from Universidad del Pacífico. Jose Esposito Li Carrillo will remain in office until the end of April 2027, at which time he will retire.Upcoming Dividend • May 12Upcoming dividend of S/50.00 per shareEligible shareholders must have bought the stock before 18 May 2026. Payment date: 12 June 2026. Payout ratio is a comfortable 49% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Peruvian dividend payers (12%). Lower than average of industry peers (6.5%).Declared Dividend • Apr 27Dividend of S/50.00 announcedShareholders will receive a dividend of S/50.00. Ex-date: 18th May 2026 Payment date: 12th June 2026 Dividend yield will be 15%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (49% payout ratio) and is expected to be covered in 3 years' time (52% forecast payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 41% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Apr 17Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 5.5% to US$338. The fair value is estimated to be US$277, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.お知らせ • Apr 03Credicorp Ltd. Announces Board and Committee ChangesCredicorp Ltd. appointed María Inés Álvarez (Independent), Juan Paredes Manrique (Independent), and Manuel Romero Valdez (Non-Independent) to the Company’s Board of Directors for the period from March 2026 to March 2029. These new directors succeed Antonio Abruña Puyol, Alexandre Gouvêa, and Patricia Lizárraga Guthertz, who have decided to retire from the Board. During Credicorp’s Board meeting held on April 1, 2026, in accordance with the Company’s Bye-laws, the Board appointed Mr. Luis Enrique Romero Belismelis as Chairman of the Board and Mr. Raimundo Morales Dasso as Vice Chairman of the Board. Additionally, the Board approved the composition of the Board Committees as follows: Audit Committee: Juan Paredes Manrique (Chair), María Teresa Aranzabal Harreguy (Member), Nuria Aliño Pérez (Member); Sustainability Committee: María Teresa Aranzabal Harreguy (Chair), Nuria Aliño Pérez (Member), Pedro Rubio Feijóo (Member), Leslie Pierce Diez-Canseco (Member), Manuel Romero Valdez (Member); Risk Committee: Pedro Rubio Feijóo (Chair), Luis Romero Belismelis (Member), Raimundo Morales Dasso (Member), Juan Paredes Manrique (Member), María Inés Álvarez Arnao (Member); Compensation & Nominations Committee: Nuria Aliño Pérez (Chair), Luis Romero Belismelis (Member), Raimundo Morales Dasso (Member), María Teresa Aranzabal Harreguy (Member), Pedro Rubio Feijóo (Member).Board Change • Apr 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 3 highly experienced directors. Director Pedro Rubio Feijoo was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Buy Or Sell Opportunity • Mar 31Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 17% to US$335. The fair value is estimated to be US$271, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.Buy Or Sell Opportunity • Mar 11Now 27% overvalued after recent price riseOver the last 90 days, the stock has risen 22% to US$344. The fair value is estimated to be US$271, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 11% per annum over the same time period.お知らせ • Feb 27+ 1 more updateCredicorp Ltd. Announces Retirement of Directors, Effective March 31, 2026Credicorp Ltd. announced that at the 2026 Annual General Meeting of Shareholders to be held on March 31, 2026, Antonio Abruña Puyol, Alexandre Gouvêa and Patricia Lizárraga Guthertz will retire from the Board.Reported Earnings • Feb 15Full year 2025 earnings released: EPS: S/87.26 (vs S/69.24 in FY 2024)Full year 2025 results: EPS: S/87.26 (up from S/69.24 in FY 2024). Revenue: S/20.9b (up 15% from FY 2024). Net income: S/6.93b (up 26% from FY 2024). Profit margin: 33% (up from 30% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jan 30Credicorp Ltd., Annual General Meeting, Mar 31, 2026Credicorp Ltd., Annual General Meeting, Mar 31, 2026, at 15:00 SA Pacific Standard Time.お知らせ • Dec 13+ 3 more updatesCredicorp Ltd. to Report Q1, 2026 Results on May 14, 2026Credicorp Ltd. announced that they will report Q1, 2026 results at 10:00 PM, Coordinated Universal Time on May 14, 2026Reported Earnings • Nov 15Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: S/5.18b (up 11% from 3Q 2024). Net income: S/1.74b (up 14% from 3Q 2024). Profit margin: 34% (in line with 3Q 2024). Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Banks industry in South America.Buy Or Sell Opportunity • Aug 22Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 25% to US$255. The fair value is estimated to be US$211, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.0% over the last 3 years. Earnings per share has grown by 8.5%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 18% in the next 2 years.Reported Earnings • Aug 17Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: S/5.19b (up 22% from 2Q 2024). Net income: S/1.82b (up 36% from 2Q 2024). Profit margin: 35% (up from 31% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10.0% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Banks industry in South America.New Risk • Jun 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Peruvian stocks, typically moving 4.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Reported Earnings • May 16First quarter 2025 earnings released: EPS: S/22.38 (vs S/19.00 in 1Q 2024)First quarter 2025 results: EPS: S/22.38 (up from S/19.00 in 1Q 2024). Revenue: S/5.05b (up 16% from 1Q 2024). Net income: S/1.78b (up 18% from 1Q 2024). Profit margin: 35% (in line with 1Q 2024). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Banks industry in South America. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • May 15Upcoming dividend of S/40.00 per shareEligible shareholders must have bought the stock before 19 May 2025. Payment date: 13 June 2025. Payout ratio is a comfortable 53% but the company is paying out more than the cash it is generating. Trailing yield: 4.6%. Lower than top quartile of Peruvian dividend payers (13%). Lower than average of industry peers (7.0%).Upcoming Dividend • May 12Upcoming dividend of S/40.00 per shareEligible shareholders must have bought the stock before 16 May 2025. Payment date: 13 June 2025. Payout ratio is a comfortable 53% but the company is paying out more than the cash it is generating. Trailing yield: 4.7%. Lower than top quartile of Peruvian dividend payers (13%). Lower than average of industry peers (7.0%).Declared Dividend • Apr 28Final dividend of S/40.00 announcedShareholders will receive a dividend of S/40.00. Ex-date: 16th May 2025 Payment date: 13th June 2025 Dividend yield will be 22%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is covered by earnings (53% payout ratio) and is expected to be covered in 3 years' time (48% forecast payout ratio). The dividend has increased by an average of 18% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 32% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Apr 25Credicorp Ltd. Declares Cash Dividend for Fiscal Year 2024, Payable on June 13, 2025Credicorp Ltd. announced that its Board of Directors declared a cash dividend of PEN 40.00 per share for a total of PEN 3,775,292,680.00 in line with the Company’s Bye-Laws and taking into account the total net income attained in the 2024 financial year of PEN 5,501,254,379.37. The cash dividend will be paid out on June 13, 2025, without withholding tax at source, to shareholders of record on May 19, 2025.Reported Earnings • Mar 05Full year 2024 earnings released: EPS: S/69.24 (vs S/61.22 in FY 2023)Full year 2024 results: EPS: S/69.24 (up from S/61.22 in FY 2023). Revenue: S/18.2b (up 13% from FY 2023). Net income: S/5.50b (up 13% from FY 2023). Profit margin: 30% (in line with FY 2023). Non-performing loans: 5.32% (down from 5.95% in FY 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Banks industry in South America. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 4% per year.お知らせ • Jan 31Credicorp Ltd., Annual General Meeting, Mar 27, 2025Credicorp Ltd., Annual General Meeting, Mar 27, 2025, at 15:00 SA Pacific Standard Time.New Risk • Jan 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Peruvian stocks, typically moving 3.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.お知らせ • Dec 13+ 3 more updatesCredicorp Ltd. to Report Q2, 2025 Results on Aug 14, 2025Credicorp Ltd. announced that they will report Q2, 2025 results at 10:00 PM, Coordinated Universal Time on Aug 14, 2025Reported Earnings • Nov 09Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: S/4.54b (up 12% from 3Q 2023). Net income: S/1.52b (up 23% from 3Q 2023). Profit margin: 34% (up from 30% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Banks industry in South America.Upcoming Dividend • Sep 13Upcoming dividend of S/11.00 per shareEligible shareholders must have bought the stock before 20 September 2024. Payment date: 18 October 2024. Payout ratio is a comfortable 56% but the company is paying out more than the cash it is generating. Trailing yield: 5.3%. Lower than top quartile of Peruvian dividend payers (14%). Lower than average of industry peers (7.1%).お知らせ • Aug 30Credicorp Ltd. Announces Special Cash Dividend, Payable on October 18, 2024Credicorp Ltd. announced that its Board of Directors unanimously agreed to declare a special cash dividend of PEN 11.0000 per share for a total of PEN 1,038,205,487.00 in line with the Company´s Bye-Laws. The cash dividend will be paid out on October 18, 2024, without withholding tax at source, to shareholders of record on September 23, 2024. The dividend will be paid in US Dollars using the weighted exchange rate reported by the Peruvian Superintendency of Banks, Insurance and Pension Funds (Superintendencia de Banca, Seguros y AFP) for transactions at the close of business on October 16, 2024. The US Dollar dividend amount will be rounded up to four decimals.Reported Earnings • Aug 11Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: S/4.35b (up 5.4% from 2Q 2023). Net income: S/1.34b (down 4.4% from 2Q 2023). Profit margin: 31% (down from 34% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Banks industry in South America. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 18% per year.Upcoming Dividend • May 13Upcoming dividend of S/35.00 per shareEligible shareholders must have bought the stock before 17 May 2024. Payment date: 14 June 2024. Payout ratio is a comfortable 56% but the company is paying out more than the cash it is generating. Trailing yield: 5.5%. Lower than top quartile of Peruvian dividend payers (12%). Lower than average of industry peers (7.1%).Reported Earnings • May 12First quarter 2024 earnings released: EPS: S/19.02 (vs S/17.35 in 1Q 2023)First quarter 2024 results: EPS: S/19.02 (up from S/17.35 in 1Q 2023). Revenue: S/4.35b (up 7.8% from 1Q 2023). Net income: S/1.51b (up 9.2% from 1Q 2023). Profit margin: 35% (in line with 1Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Banks industry in South America. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Declared Dividend • Apr 29Dividend of S/35.00 announcedShareholders will receive a dividend of S/35.00. Ex-date: 17th May 2024 Payment date: 14th June 2024 Dividend yield will be 21%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (41% payout ratio) and is expected to be well covered in 3 years' time (47% forecast payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 35% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Apr 27Credicorp Ltd. Raises Annual Dividend, Payable on June 14, 2024Credicorp Ltd. announced to its shareholders and the market that the Board of Directors declared a dividend of PEN 35.0 per share on the issued shares of the common stock of Credicorp, an increase from the prior annual dividend of PEN 25.0 per share. The cash dividend will be paid out on June 14th, 2024, without withholding tax at source, to shareholders of record on May 20th, 2024.Buy Or Sell Opportunity • Mar 21Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 17% to US$177. The fair value is estimated to be US$142, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 41%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 10% per annum over the same time period.Buy Or Sell Opportunity • Mar 04Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 36% to US$173. The fair value is estimated to be US$143, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 40%. For the next 3 years, revenue is forecast to grow by 9.2% per annum. Earnings are also forecast to grow by 11% per annum over the same time period.Buy Or Sell Opportunity • Feb 16Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 31% to US$168. The fair value is estimated to be US$135, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 40%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 11% per annum over the same time period.Reported Earnings • Feb 11Full year 2023 earnings released: EPS: S/61.17 (vs S/58.26 in FY 2022)Full year 2023 results: EPS: S/61.17 (up from S/58.26 in FY 2022). Revenue: S/16.2b (up 4.6% from FY 2022). Net income: S/4.87b (up 5.0% from FY 2022). Profit margin: 30% (in line with FY 2022). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Banks industry in South America. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.お知らせ • Jan 27Credicorp Ltd., Annual General Meeting, Mar 27, 2024Credicorp Ltd., Annual General Meeting, Mar 27, 2024, at 20:00 Paraguay Standard Time. Agenda: To consider Presentation by the Chairman of the Board of the Annual and Sustainability Report of Company for the financial year ended December 31, 2023; to present the Board of the audited individual (standalone) and consolidated financial statements of Company and its subsidiaries for the financial year ended December 31, 2023, including the report of the external auditors of Company thereon; and to consider appointment of the external auditors of Company to perform such services for the 2024 financial year and delegation of the power to set and approve fees for such audit services to the Board of Directors.お知らせ • Dec 22+ 1 more updateCredicorp Ltd. Announces Executive Leadership ChangesCredicorp Ltd. announced senior leadership changes to underscore the Companys commitment to strengthening its market-leading organization, serving its customers and driving sustainable growth. The Board of Directors appointed at its meeting held on 21 December 2023, Cesar Ros Briceo as Chief Risk Officer (CRO) of the company. In addition, Andr Rezende, Chief Technology Officer (CTO) will now report to the Chief Executive Officer. To facilitate a smooth transition, the management shift will commence on March 1, 2024, and the new appointments will officially take effect on July 1, 2024. Moreover, Michelle Labarthe Wiese, joins Credicorp as Chief Strategy Officer (CSO), a newly created position that will oversee the Sustainability, Strategy &Corporate Development, and M&A functions, effective January 2nd, 2024. Cesar Ros Briceo, currently CFO of Credicorp and BCP, was appointed CRO of Credicorp and BCP replacing Reynaldo Llosa Benavides who has tendered his resignation effective June 30, 2024. Cesar Ros Briceo has been the Credicorp CFO since 2018 and has a distinguished 30-year career at BCP and within the Group. Throughout this time, he has held key positions in Corporate Finance, Operations, Credit, Collections, Planning, and Financial Control, among others. He brings to the CRO role a profound understanding of the organization garnered through his tenure and diverse experiences within the organization. Moreover, the Board approved the creation of the Chief Strategy Officer position overseeing Sustainability, Strategy &Corporate Development, and M&A functions. This new position will be held by Michelle Labarthe Wiese, who will join the Company effective January 2nd, 2024. Ms. Labarthe Wiese has over 20 years experience in finance, particularly in investment banking as Country Head at Lazard in Per, Director at Rothchild and Lehman Brothers in London covering financial institutions in Europe and Latin America, among others. She is also a Board Member of several family group companies in Per and Latin America. Ms. Labarthe Wiese holds a bachelors degree in Industrial Engineering from Universidad de Lima, Per and an MBA from HEC School of Management in France.Valuation Update With 7 Day Price Move • Dec 19Investor sentiment improves as stock rises 21%After last week's 21% share price gain to US$151, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 7x in the Banks industry in South America. Total returns to shareholders of 2.3% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$146 per share.お知らせ • Dec 07+ 3 more updatesCredicorp Ltd. to Report Q2, 2024 Results on Aug 08, 2024Credicorp Ltd. announced that they will report Q2, 2024 results at 10:00 PM, Coordinated Universal Time on Aug 08, 2024Reported Earnings • Nov 06Third quarter 2023 earnings released: EPS: S/15.50 (vs S/16.38 in 3Q 2022)Third quarter 2023 results: EPS: S/15.50 (down from S/16.38 in 3Q 2022). Revenue: S/4.07b (up 2.1% from 3Q 2022). Net income: S/1.24b (down 4.9% from 3Q 2022). Profit margin: 30% (down from 33% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Banks industry in South America. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.New Risk • Nov 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Peruvian stocks, typically moving 3.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (3.7% average weekly change).Reported Earnings • Aug 16Second quarter 2023 earnings released: EPS: S/17.63 (vs S/14.10 in 2Q 2022)Second quarter 2023 results: EPS: S/17.63 (up from S/14.10 in 2Q 2022). Revenue: S/4.13b (up 14% from 2Q 2022). Net income: S/1.40b (up 25% from 2Q 2022). Profit margin: 34% (up from 31% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Banks industry in South America. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • May 11Upcoming dividend of US$6.74 per share at 2.9% yieldEligible shareholders must have bought the stock before 18 May 2023. Payment date: 09 June 2023. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of Peruvian dividend payers (15%). Lower than average of industry peers (5.7%).Reported Earnings • May 09First quarter 2023 earnings released: EPS: S/17.36 (vs S/14.30 in 1Q 2022)First quarter 2023 results: EPS: S/17.36 (up from S/14.30 in 1Q 2022). Revenue: S/4.03b (up 15% from 1Q 2022). Net income: S/1.38b (up 22% from 1Q 2022). Profit margin: 34% (up from 32% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Banks industry in South America. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Reported Earnings • Feb 14Full year 2022 earnings released: EPS: S/58.25 (vs S/45.09 in FY 2021)Full year 2022 results: EPS: S/58.25 (up from S/45.09 in FY 2021). Revenue: S/15.5b (up 18% from FY 2021). Net income: S/4.63b (up 29% from FY 2021). Profit margin: 30% (up from 27% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Banks industry in South America. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.お知らせ • Dec 17+ 2 more updatesCredicorp Ltd. to Report Q2, 2023 Results on Aug 10, 2023Credicorp Ltd. announced that they will report Q2, 2023 results on Aug 10, 2023Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Leslie Diez Canseco was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 10Third quarter 2022 earnings released: EPS: S/16.33 (vs S/14.64 in 3Q 2021)Third quarter 2022 results: EPS: S/16.33 (up from S/14.64 in 3Q 2021). Revenue: S/4.05b (up 13% from 3Q 2021). Net income: S/1.30b (up 12% from 3Q 2021). Profit margin: 32% (in line with 3Q 2021). Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Banks industry in South America. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: S/14.11 (vs S/8.80 in 2Q 2021)Second quarter 2022 results: EPS: S/14.11 (up from S/8.80 in 2Q 2021). Revenue: S/3.72b (up 24% from 2Q 2021). Net income: S/1.12b (up 60% from 2Q 2021). Profit margin: 30% (up from 23% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 18%, compared to a 30% growth forecast for the industry in Peru. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings.Upcoming Dividend • May 12Upcoming dividend of S/15.00 per shareEligible shareholders must have bought the stock before 19 May 2022. Payment date: 10 June 2022. Payout ratio is a comfortable 9.8% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Peruvian dividend payers (24%). Lower than average of industry peers (4.3%).Reported Earnings • May 11First quarter 2022 earnings released: EPS: S/14.25 (vs S/8.32 in 1Q 2021)First quarter 2022 results: EPS: S/14.25 (up from S/8.32 in 1Q 2021). Revenue: S/3.66b (up 36% from 1Q 2021). Net income: S/1.14b (up 72% from 1Q 2021). Profit margin: 31% (up from 25% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 20%, compared to a 30% growth forecast for the industry in Peru. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 17% per year.Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Leslie Diez Canseco was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 01Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: S/45.09 (up from S/4.37 in FY 2020). Revenue: S/13.1b (up 76% from FY 2020). Net income: S/3.58b (up S/3.24b from FY 2020). Profit margin: 27% (up from 4.7% in FY 2020). The increase in margin was driven by higher revenue. Non-performing loans: 5.03% (up from 4.65% in FY 2020). Revenue exceeded analyst estimates by 3.9%. Over the next year, revenue is forecast to grow 23%, compared to a 29% growth forecast for the banks industry in Peru. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improved over the past weekAfter last week's 16% share price gain to US$157, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 8x in the Banks industry in South America. Total loss to shareholders of 25% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$129 per share.Reported Earnings • Nov 10Third quarter 2021 earnings releasedThe company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: S/3.54b (up 85% from 3Q 2020). Net income: S/1.16b (up S/1.06b from 3Q 2020). Profit margin: 33% (up from 5.5% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Aug 03Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to S/101, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 9x in the Banks industry in South America. Total loss to shareholders of 51% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$76.78 per share.Valuation Update With 7 Day Price Move • Jun 12Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to S/125, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Banks industry in South America. Total loss to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$76.58 per share.Valuation Update With 7 Day Price Move • May 15Investor sentiment improved over the past weekAfter last week's 20% share price gain to S/146, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 9x in the Banks industry in South America. Total loss to shareholders of 27% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$84.98 per share.Reported Earnings • May 11First quarter 2021 earnings released: EPS S/8.32 (vs S/2.64 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: S/2.70b (up 26% from 1Q 2020). Net income: S/660.8m (up 216% from 1Q 2020). Profit margin: 25% (up from 9.8% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.Reported Earnings • Feb 11Full year 2020 earnings releasedThe company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: S/7.42b (down 41% from FY 2019). Net income: S/346.9m (down 92% from FY 2019). Profit margin: 4.7% (down from 34% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Feb 11New 90-day high: US$167The company is up 40% from its price of US$119 on 12 November 2020. The Peruvian market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$74.80 per share.Is New 90 Day High Low • Jan 12New 90-day high: US$167The company is up 37% from its price of US$122 on 13 October 2020. The Peruvian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$110 per share.Valuation Update With 7 Day Price Move • Nov 28Market bids up stock over the past weekAfter last week's 16% share price gain to S/154, the stock is trading at a trailing P/E ratio of 66.6x, up from the previous P/E ratio of 57.6x. This compares to an average P/E of 23x in the Banks industry in Peru. Total return to shareholders over the past three years is a loss of 17%.Reported Earnings • Nov 07Third quarter 2020 earnings released: EPS S/1.32The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: S/1.95b (down 37% from 3Q 2019). Net income: S/104.6m (down 90% from 3Q 2019). Profit margin: 5.4% (down from 36% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 17% per year.Is New 90 Day High Low • Oct 29New 90-day low: US$116The company is down 9.0% from its price of US$127 on 31 July 2020. The Peruvian market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$37.63 per share.Is New 90 Day High Low • Oct 14New 90-day low: US$122The company is down 6.0% from its price of US$130 on 16 July 2020. The Peruvian market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$45.34 per share.Is New 90 Day High Low • Sep 24New 90-day low: US$124The company is down 9.0% from its price of US$136 on 26 June 2020. The Peruvian market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$46.33 per share.業績と収益の成長予測BVL:BAP - アナリストの将来予測と過去の財務データ ( )PEN Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202830,8609,928N/AN/A512/31/202727,7988,863N/AN/A712/31/202625,2757,963N/AN/A73/31/202621,9187,211-13,867-12,647N/A12/31/202520,7006,925-9,911-8,642N/A9/30/202520,4806,4656,0417,151N/A6/30/202519,7716,2506,5667,723N/A3/31/202518,7845,7672171,364N/A12/31/202418,1995,5011241,236N/A9/30/202417,1455,216-877332N/A6/30/202416,5964,931N/AN/AN/A3/31/202416,3294,993N/AN/AN/A12/31/202316,1834,8666571,808N/A9/30/202315,9735,0346,3606,915N/A6/30/202315,9665,119N/AN/AN/A3/31/202315,6024,860N/AN/AN/A12/31/202215,1884,648-2,002-1,105N/A9/30/202215,2854,698-3,199-2,392N/A6/30/202214,8014,539-2,214-1,580N/A3/31/202214,0734,096-814-164N/A12/31/202113,0733,5858471,487N/A9/30/202111,8503,177-1,161-599N/A6/30/202110,4142,118-9,594-9,149N/A3/31/20218,014798-10,541-9,996N/A12/31/20207,444347-13,804-13,171N/A9/30/20208,198666-24,019-23,188N/A6/30/20209,1561,655-7,621-7,000N/A3/31/202011,5623,374-4,758-4,242N/A12/31/201912,6414,265N/A-524N/A9/30/201912,4524,249N/A478N/A6/30/201912,2404,168N/A-4,759N/A3/31/201912,1274,047N/A-5,681N/A12/31/201811,8373,984N/A-5,835N/A9/30/201812,1074,091N/A-1,103N/A6/30/201812,2744,298N/A-2,005N/A3/31/201812,0964,240N/A-2,284N/A12/31/201711,4634,092N/A-3,272N/A9/30/201711,5523,923N/A2,599N/A6/30/201711,2223,655N/A2,722N/A3/31/201711,1513,609N/A-511N/A12/31/201611,0063,515N/A614N/A9/30/201610,7033,351N/A-5,803N/A6/30/201610,4413,208N/A-8,048N/A3/31/201610,1953,083N/A-5,054N/A12/31/201510,2483,092N/A-7,421N/A9/30/201510,1432,857N/A-11,315N/A6/30/20159,9692,695N/A-8,664N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: BAPの予測収益成長率 (年間11.5% ) は 貯蓄率 ( 6.7% ) を上回っています。収益対市場: BAPの収益 ( 11.5% ) はPE市場 ( 6.7% ) よりも速いペースで成長すると予測されています。高成長収益: BAPの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: BAPの収益 ( 12% ) PE市場 ( 4.9% ) よりも速いペースで成長すると予測されています。高い収益成長: BAPの収益 ( 12% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: BAPの 自己資本利益率 は、3年後には高くなると予測されています ( 20.3 %)成長企業の発掘7D1Y7D1Y7D1YBanks 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/23 03:23終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Credicorp Ltd. 9 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。21 アナリスト機関Roberto de Aguiar AttuchBarclaysErnesto Gabilondo MárquezBofA Global ResearchFrancisco NavarreteBradesco S.A. Corretora de Títulos e Valores Mobiliários18 その他のアナリストを表示
お知らせ • May 20Credicorp Ltd. announces Annual dividend, payable on June 12, 2026Credicorp Ltd. announced Annual dividend of USD 50.0000 per share payable on June 12, 2026, ex-date on May 18, 2026 and record date on May 18, 2026.
New Risk • May 18New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 4.8% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.2% average weekly change).
Reported Earnings • May 16First quarter 2026 earnings released: EPS: S/25.90 (vs S/22.39 in 1Q 2025)First quarter 2026 results: EPS: S/25.90 (up from S/22.39 in 1Q 2025). Revenue: S/5.76b (up 22% from 1Q 2025). Net income: S/2.06b (up 16% from 1Q 2025). Profit margin: 36% (down from 38% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Banks industry in South America. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 15+ 1 more updateCredicorp Ltd. Announces Changes Executive ChangesCredicorp Ltd. announced the appointment of Alejandro Pérez-Reyes Zarak as Head of Microfinance at Credicorp, effective October 1, 2026. Mr. Pérez-Reyes has more than 26 years of experience at Credicorp. Before becoming CFO of Credicorp and BCP, he served as Chief Operating Officer of Credicorp and Head of Corporate Development, among other senior roles. Throughout his tenure, he has been deeply involved in strategy, finance, capital markets, transformation and operating model initiatives across the organization. Javier Ichazo will step down from his role as Head of Microfinance. Credicorp Ltd. also announced the appointment of Rosa Cigüeñas Espinel, currently Transformation Manager at BCP, as Chief Corporate Audit Officer of Credicorp, effective May 1, 2027, succeeding Jose Esposito Li Carrillo upon his retirement. In her current role, Ms. Cigüeñas oversees BCP’s transformation agenda, helping ensure that key initiatives advance effectively and remain aligned with the Bank’s strategic objectives. Ms. Cigüeñas has 17 years of experience at BCP, where she has held leadership roles across technology, transformation, alternative channels and non-financial risks. She has contributed to the modernization of key technology platforms, the strengthening of transformation governance, and the advancement of BCP’s non-financial risk management capabilities. Prior to joining BCP, Ms. Cigüeñas worked for 9 years at Shell in Europe, where she held technology management roles. Ms. Cigüeñas holds an MBA from the McCombs School of Business at The University of Texas at Austin and a bachelor’s degree in Economics from Universidad del Pacífico. Jose Esposito Li Carrillo will remain in office until the end of April 2027, at which time he will retire.
Upcoming Dividend • May 12Upcoming dividend of S/50.00 per shareEligible shareholders must have bought the stock before 18 May 2026. Payment date: 12 June 2026. Payout ratio is a comfortable 49% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Peruvian dividend payers (12%). Lower than average of industry peers (6.5%).
Declared Dividend • Apr 27Dividend of S/50.00 announcedShareholders will receive a dividend of S/50.00. Ex-date: 18th May 2026 Payment date: 12th June 2026 Dividend yield will be 15%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (49% payout ratio) and is expected to be covered in 3 years' time (52% forecast payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 41% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Apr 17Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 5.5% to US$338. The fair value is estimated to be US$277, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.
お知らせ • Apr 03Credicorp Ltd. Announces Board and Committee ChangesCredicorp Ltd. appointed María Inés Álvarez (Independent), Juan Paredes Manrique (Independent), and Manuel Romero Valdez (Non-Independent) to the Company’s Board of Directors for the period from March 2026 to March 2029. These new directors succeed Antonio Abruña Puyol, Alexandre Gouvêa, and Patricia Lizárraga Guthertz, who have decided to retire from the Board. During Credicorp’s Board meeting held on April 1, 2026, in accordance with the Company’s Bye-laws, the Board appointed Mr. Luis Enrique Romero Belismelis as Chairman of the Board and Mr. Raimundo Morales Dasso as Vice Chairman of the Board. Additionally, the Board approved the composition of the Board Committees as follows: Audit Committee: Juan Paredes Manrique (Chair), María Teresa Aranzabal Harreguy (Member), Nuria Aliño Pérez (Member); Sustainability Committee: María Teresa Aranzabal Harreguy (Chair), Nuria Aliño Pérez (Member), Pedro Rubio Feijóo (Member), Leslie Pierce Diez-Canseco (Member), Manuel Romero Valdez (Member); Risk Committee: Pedro Rubio Feijóo (Chair), Luis Romero Belismelis (Member), Raimundo Morales Dasso (Member), Juan Paredes Manrique (Member), María Inés Álvarez Arnao (Member); Compensation & Nominations Committee: Nuria Aliño Pérez (Chair), Luis Romero Belismelis (Member), Raimundo Morales Dasso (Member), María Teresa Aranzabal Harreguy (Member), Pedro Rubio Feijóo (Member).
Board Change • Apr 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 3 highly experienced directors. Director Pedro Rubio Feijoo was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Buy Or Sell Opportunity • Mar 31Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 17% to US$335. The fair value is estimated to be US$271, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.
Buy Or Sell Opportunity • Mar 11Now 27% overvalued after recent price riseOver the last 90 days, the stock has risen 22% to US$344. The fair value is estimated to be US$271, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 11% per annum over the same time period.
お知らせ • Feb 27+ 1 more updateCredicorp Ltd. Announces Retirement of Directors, Effective March 31, 2026Credicorp Ltd. announced that at the 2026 Annual General Meeting of Shareholders to be held on March 31, 2026, Antonio Abruña Puyol, Alexandre Gouvêa and Patricia Lizárraga Guthertz will retire from the Board.
Reported Earnings • Feb 15Full year 2025 earnings released: EPS: S/87.26 (vs S/69.24 in FY 2024)Full year 2025 results: EPS: S/87.26 (up from S/69.24 in FY 2024). Revenue: S/20.9b (up 15% from FY 2024). Net income: S/6.93b (up 26% from FY 2024). Profit margin: 33% (up from 30% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jan 30Credicorp Ltd., Annual General Meeting, Mar 31, 2026Credicorp Ltd., Annual General Meeting, Mar 31, 2026, at 15:00 SA Pacific Standard Time.
お知らせ • Dec 13+ 3 more updatesCredicorp Ltd. to Report Q1, 2026 Results on May 14, 2026Credicorp Ltd. announced that they will report Q1, 2026 results at 10:00 PM, Coordinated Universal Time on May 14, 2026
Reported Earnings • Nov 15Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: S/5.18b (up 11% from 3Q 2024). Net income: S/1.74b (up 14% from 3Q 2024). Profit margin: 34% (in line with 3Q 2024). Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Banks industry in South America.
Buy Or Sell Opportunity • Aug 22Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 25% to US$255. The fair value is estimated to be US$211, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.0% over the last 3 years. Earnings per share has grown by 8.5%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 18% in the next 2 years.
Reported Earnings • Aug 17Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: S/5.19b (up 22% from 2Q 2024). Net income: S/1.82b (up 36% from 2Q 2024). Profit margin: 35% (up from 31% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10.0% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Banks industry in South America.
New Risk • Jun 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Peruvian stocks, typically moving 4.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Reported Earnings • May 16First quarter 2025 earnings released: EPS: S/22.38 (vs S/19.00 in 1Q 2024)First quarter 2025 results: EPS: S/22.38 (up from S/19.00 in 1Q 2024). Revenue: S/5.05b (up 16% from 1Q 2024). Net income: S/1.78b (up 18% from 1Q 2024). Profit margin: 35% (in line with 1Q 2024). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Banks industry in South America. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • May 15Upcoming dividend of S/40.00 per shareEligible shareholders must have bought the stock before 19 May 2025. Payment date: 13 June 2025. Payout ratio is a comfortable 53% but the company is paying out more than the cash it is generating. Trailing yield: 4.6%. Lower than top quartile of Peruvian dividend payers (13%). Lower than average of industry peers (7.0%).
Upcoming Dividend • May 12Upcoming dividend of S/40.00 per shareEligible shareholders must have bought the stock before 16 May 2025. Payment date: 13 June 2025. Payout ratio is a comfortable 53% but the company is paying out more than the cash it is generating. Trailing yield: 4.7%. Lower than top quartile of Peruvian dividend payers (13%). Lower than average of industry peers (7.0%).
Declared Dividend • Apr 28Final dividend of S/40.00 announcedShareholders will receive a dividend of S/40.00. Ex-date: 16th May 2025 Payment date: 13th June 2025 Dividend yield will be 22%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is covered by earnings (53% payout ratio) and is expected to be covered in 3 years' time (48% forecast payout ratio). The dividend has increased by an average of 18% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 32% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 25Credicorp Ltd. Declares Cash Dividend for Fiscal Year 2024, Payable on June 13, 2025Credicorp Ltd. announced that its Board of Directors declared a cash dividend of PEN 40.00 per share for a total of PEN 3,775,292,680.00 in line with the Company’s Bye-Laws and taking into account the total net income attained in the 2024 financial year of PEN 5,501,254,379.37. The cash dividend will be paid out on June 13, 2025, without withholding tax at source, to shareholders of record on May 19, 2025.
Reported Earnings • Mar 05Full year 2024 earnings released: EPS: S/69.24 (vs S/61.22 in FY 2023)Full year 2024 results: EPS: S/69.24 (up from S/61.22 in FY 2023). Revenue: S/18.2b (up 13% from FY 2023). Net income: S/5.50b (up 13% from FY 2023). Profit margin: 30% (in line with FY 2023). Non-performing loans: 5.32% (down from 5.95% in FY 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Banks industry in South America. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 4% per year.
お知らせ • Jan 31Credicorp Ltd., Annual General Meeting, Mar 27, 2025Credicorp Ltd., Annual General Meeting, Mar 27, 2025, at 15:00 SA Pacific Standard Time.
New Risk • Jan 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Peruvian stocks, typically moving 3.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
お知らせ • Dec 13+ 3 more updatesCredicorp Ltd. to Report Q2, 2025 Results on Aug 14, 2025Credicorp Ltd. announced that they will report Q2, 2025 results at 10:00 PM, Coordinated Universal Time on Aug 14, 2025
Reported Earnings • Nov 09Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: S/4.54b (up 12% from 3Q 2023). Net income: S/1.52b (up 23% from 3Q 2023). Profit margin: 34% (up from 30% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Banks industry in South America.
Upcoming Dividend • Sep 13Upcoming dividend of S/11.00 per shareEligible shareholders must have bought the stock before 20 September 2024. Payment date: 18 October 2024. Payout ratio is a comfortable 56% but the company is paying out more than the cash it is generating. Trailing yield: 5.3%. Lower than top quartile of Peruvian dividend payers (14%). Lower than average of industry peers (7.1%).
お知らせ • Aug 30Credicorp Ltd. Announces Special Cash Dividend, Payable on October 18, 2024Credicorp Ltd. announced that its Board of Directors unanimously agreed to declare a special cash dividend of PEN 11.0000 per share for a total of PEN 1,038,205,487.00 in line with the Company´s Bye-Laws. The cash dividend will be paid out on October 18, 2024, without withholding tax at source, to shareholders of record on September 23, 2024. The dividend will be paid in US Dollars using the weighted exchange rate reported by the Peruvian Superintendency of Banks, Insurance and Pension Funds (Superintendencia de Banca, Seguros y AFP) for transactions at the close of business on October 16, 2024. The US Dollar dividend amount will be rounded up to four decimals.
Reported Earnings • Aug 11Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: S/4.35b (up 5.4% from 2Q 2023). Net income: S/1.34b (down 4.4% from 2Q 2023). Profit margin: 31% (down from 34% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Banks industry in South America. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 18% per year.
Upcoming Dividend • May 13Upcoming dividend of S/35.00 per shareEligible shareholders must have bought the stock before 17 May 2024. Payment date: 14 June 2024. Payout ratio is a comfortable 56% but the company is paying out more than the cash it is generating. Trailing yield: 5.5%. Lower than top quartile of Peruvian dividend payers (12%). Lower than average of industry peers (7.1%).
Reported Earnings • May 12First quarter 2024 earnings released: EPS: S/19.02 (vs S/17.35 in 1Q 2023)First quarter 2024 results: EPS: S/19.02 (up from S/17.35 in 1Q 2023). Revenue: S/4.35b (up 7.8% from 1Q 2023). Net income: S/1.51b (up 9.2% from 1Q 2023). Profit margin: 35% (in line with 1Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Banks industry in South America. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Apr 29Dividend of S/35.00 announcedShareholders will receive a dividend of S/35.00. Ex-date: 17th May 2024 Payment date: 14th June 2024 Dividend yield will be 21%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (41% payout ratio) and is expected to be well covered in 3 years' time (47% forecast payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 35% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 27Credicorp Ltd. Raises Annual Dividend, Payable on June 14, 2024Credicorp Ltd. announced to its shareholders and the market that the Board of Directors declared a dividend of PEN 35.0 per share on the issued shares of the common stock of Credicorp, an increase from the prior annual dividend of PEN 25.0 per share. The cash dividend will be paid out on June 14th, 2024, without withholding tax at source, to shareholders of record on May 20th, 2024.
Buy Or Sell Opportunity • Mar 21Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 17% to US$177. The fair value is estimated to be US$142, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 41%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 10% per annum over the same time period.
Buy Or Sell Opportunity • Mar 04Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 36% to US$173. The fair value is estimated to be US$143, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 40%. For the next 3 years, revenue is forecast to grow by 9.2% per annum. Earnings are also forecast to grow by 11% per annum over the same time period.
Buy Or Sell Opportunity • Feb 16Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 31% to US$168. The fair value is estimated to be US$135, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 40%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 11% per annum over the same time period.
Reported Earnings • Feb 11Full year 2023 earnings released: EPS: S/61.17 (vs S/58.26 in FY 2022)Full year 2023 results: EPS: S/61.17 (up from S/58.26 in FY 2022). Revenue: S/16.2b (up 4.6% from FY 2022). Net income: S/4.87b (up 5.0% from FY 2022). Profit margin: 30% (in line with FY 2022). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Banks industry in South America. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
お知らせ • Jan 27Credicorp Ltd., Annual General Meeting, Mar 27, 2024Credicorp Ltd., Annual General Meeting, Mar 27, 2024, at 20:00 Paraguay Standard Time. Agenda: To consider Presentation by the Chairman of the Board of the Annual and Sustainability Report of Company for the financial year ended December 31, 2023; to present the Board of the audited individual (standalone) and consolidated financial statements of Company and its subsidiaries for the financial year ended December 31, 2023, including the report of the external auditors of Company thereon; and to consider appointment of the external auditors of Company to perform such services for the 2024 financial year and delegation of the power to set and approve fees for such audit services to the Board of Directors.
お知らせ • Dec 22+ 1 more updateCredicorp Ltd. Announces Executive Leadership ChangesCredicorp Ltd. announced senior leadership changes to underscore the Companys commitment to strengthening its market-leading organization, serving its customers and driving sustainable growth. The Board of Directors appointed at its meeting held on 21 December 2023, Cesar Ros Briceo as Chief Risk Officer (CRO) of the company. In addition, Andr Rezende, Chief Technology Officer (CTO) will now report to the Chief Executive Officer. To facilitate a smooth transition, the management shift will commence on March 1, 2024, and the new appointments will officially take effect on July 1, 2024. Moreover, Michelle Labarthe Wiese, joins Credicorp as Chief Strategy Officer (CSO), a newly created position that will oversee the Sustainability, Strategy &Corporate Development, and M&A functions, effective January 2nd, 2024. Cesar Ros Briceo, currently CFO of Credicorp and BCP, was appointed CRO of Credicorp and BCP replacing Reynaldo Llosa Benavides who has tendered his resignation effective June 30, 2024. Cesar Ros Briceo has been the Credicorp CFO since 2018 and has a distinguished 30-year career at BCP and within the Group. Throughout this time, he has held key positions in Corporate Finance, Operations, Credit, Collections, Planning, and Financial Control, among others. He brings to the CRO role a profound understanding of the organization garnered through his tenure and diverse experiences within the organization. Moreover, the Board approved the creation of the Chief Strategy Officer position overseeing Sustainability, Strategy &Corporate Development, and M&A functions. This new position will be held by Michelle Labarthe Wiese, who will join the Company effective January 2nd, 2024. Ms. Labarthe Wiese has over 20 years experience in finance, particularly in investment banking as Country Head at Lazard in Per, Director at Rothchild and Lehman Brothers in London covering financial institutions in Europe and Latin America, among others. She is also a Board Member of several family group companies in Per and Latin America. Ms. Labarthe Wiese holds a bachelors degree in Industrial Engineering from Universidad de Lima, Per and an MBA from HEC School of Management in France.
Valuation Update With 7 Day Price Move • Dec 19Investor sentiment improves as stock rises 21%After last week's 21% share price gain to US$151, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 7x in the Banks industry in South America. Total returns to shareholders of 2.3% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$146 per share.
お知らせ • Dec 07+ 3 more updatesCredicorp Ltd. to Report Q2, 2024 Results on Aug 08, 2024Credicorp Ltd. announced that they will report Q2, 2024 results at 10:00 PM, Coordinated Universal Time on Aug 08, 2024
Reported Earnings • Nov 06Third quarter 2023 earnings released: EPS: S/15.50 (vs S/16.38 in 3Q 2022)Third quarter 2023 results: EPS: S/15.50 (down from S/16.38 in 3Q 2022). Revenue: S/4.07b (up 2.1% from 3Q 2022). Net income: S/1.24b (down 4.9% from 3Q 2022). Profit margin: 30% (down from 33% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Banks industry in South America. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
New Risk • Nov 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Peruvian stocks, typically moving 3.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (3.7% average weekly change).
Reported Earnings • Aug 16Second quarter 2023 earnings released: EPS: S/17.63 (vs S/14.10 in 2Q 2022)Second quarter 2023 results: EPS: S/17.63 (up from S/14.10 in 2Q 2022). Revenue: S/4.13b (up 14% from 2Q 2022). Net income: S/1.40b (up 25% from 2Q 2022). Profit margin: 34% (up from 31% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Banks industry in South America. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • May 11Upcoming dividend of US$6.74 per share at 2.9% yieldEligible shareholders must have bought the stock before 18 May 2023. Payment date: 09 June 2023. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of Peruvian dividend payers (15%). Lower than average of industry peers (5.7%).
Reported Earnings • May 09First quarter 2023 earnings released: EPS: S/17.36 (vs S/14.30 in 1Q 2022)First quarter 2023 results: EPS: S/17.36 (up from S/14.30 in 1Q 2022). Revenue: S/4.03b (up 15% from 1Q 2022). Net income: S/1.38b (up 22% from 1Q 2022). Profit margin: 34% (up from 32% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Banks industry in South America. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Feb 14Full year 2022 earnings released: EPS: S/58.25 (vs S/45.09 in FY 2021)Full year 2022 results: EPS: S/58.25 (up from S/45.09 in FY 2021). Revenue: S/15.5b (up 18% from FY 2021). Net income: S/4.63b (up 29% from FY 2021). Profit margin: 30% (up from 27% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Banks industry in South America. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
お知らせ • Dec 17+ 2 more updatesCredicorp Ltd. to Report Q2, 2023 Results on Aug 10, 2023Credicorp Ltd. announced that they will report Q2, 2023 results on Aug 10, 2023
Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Leslie Diez Canseco was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 10Third quarter 2022 earnings released: EPS: S/16.33 (vs S/14.64 in 3Q 2021)Third quarter 2022 results: EPS: S/16.33 (up from S/14.64 in 3Q 2021). Revenue: S/4.05b (up 13% from 3Q 2021). Net income: S/1.30b (up 12% from 3Q 2021). Profit margin: 32% (in line with 3Q 2021). Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Banks industry in South America. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: S/14.11 (vs S/8.80 in 2Q 2021)Second quarter 2022 results: EPS: S/14.11 (up from S/8.80 in 2Q 2021). Revenue: S/3.72b (up 24% from 2Q 2021). Net income: S/1.12b (up 60% from 2Q 2021). Profit margin: 30% (up from 23% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 18%, compared to a 30% growth forecast for the industry in Peru. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings.
Upcoming Dividend • May 12Upcoming dividend of S/15.00 per shareEligible shareholders must have bought the stock before 19 May 2022. Payment date: 10 June 2022. Payout ratio is a comfortable 9.8% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Peruvian dividend payers (24%). Lower than average of industry peers (4.3%).
Reported Earnings • May 11First quarter 2022 earnings released: EPS: S/14.25 (vs S/8.32 in 1Q 2021)First quarter 2022 results: EPS: S/14.25 (up from S/8.32 in 1Q 2021). Revenue: S/3.66b (up 36% from 1Q 2021). Net income: S/1.14b (up 72% from 1Q 2021). Profit margin: 31% (up from 25% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 20%, compared to a 30% growth forecast for the industry in Peru. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 17% per year.
Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Leslie Diez Canseco was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 01Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: S/45.09 (up from S/4.37 in FY 2020). Revenue: S/13.1b (up 76% from FY 2020). Net income: S/3.58b (up S/3.24b from FY 2020). Profit margin: 27% (up from 4.7% in FY 2020). The increase in margin was driven by higher revenue. Non-performing loans: 5.03% (up from 4.65% in FY 2020). Revenue exceeded analyst estimates by 3.9%. Over the next year, revenue is forecast to grow 23%, compared to a 29% growth forecast for the banks industry in Peru. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improved over the past weekAfter last week's 16% share price gain to US$157, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 8x in the Banks industry in South America. Total loss to shareholders of 25% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$129 per share.
Reported Earnings • Nov 10Third quarter 2021 earnings releasedThe company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: S/3.54b (up 85% from 3Q 2020). Net income: S/1.16b (up S/1.06b from 3Q 2020). Profit margin: 33% (up from 5.5% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Aug 03Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to S/101, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 9x in the Banks industry in South America. Total loss to shareholders of 51% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$76.78 per share.
Valuation Update With 7 Day Price Move • Jun 12Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to S/125, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Banks industry in South America. Total loss to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$76.58 per share.
Valuation Update With 7 Day Price Move • May 15Investor sentiment improved over the past weekAfter last week's 20% share price gain to S/146, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 9x in the Banks industry in South America. Total loss to shareholders of 27% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$84.98 per share.
Reported Earnings • May 11First quarter 2021 earnings released: EPS S/8.32 (vs S/2.64 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: S/2.70b (up 26% from 1Q 2020). Net income: S/660.8m (up 216% from 1Q 2020). Profit margin: 25% (up from 9.8% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
Reported Earnings • Feb 11Full year 2020 earnings releasedThe company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: S/7.42b (down 41% from FY 2019). Net income: S/346.9m (down 92% from FY 2019). Profit margin: 4.7% (down from 34% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Feb 11New 90-day high: US$167The company is up 40% from its price of US$119 on 12 November 2020. The Peruvian market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$74.80 per share.
Is New 90 Day High Low • Jan 12New 90-day high: US$167The company is up 37% from its price of US$122 on 13 October 2020. The Peruvian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$110 per share.
Valuation Update With 7 Day Price Move • Nov 28Market bids up stock over the past weekAfter last week's 16% share price gain to S/154, the stock is trading at a trailing P/E ratio of 66.6x, up from the previous P/E ratio of 57.6x. This compares to an average P/E of 23x in the Banks industry in Peru. Total return to shareholders over the past three years is a loss of 17%.
Reported Earnings • Nov 07Third quarter 2020 earnings released: EPS S/1.32The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: S/1.95b (down 37% from 3Q 2019). Net income: S/104.6m (down 90% from 3Q 2019). Profit margin: 5.4% (down from 36% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 17% per year.
Is New 90 Day High Low • Oct 29New 90-day low: US$116The company is down 9.0% from its price of US$127 on 31 July 2020. The Peruvian market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$37.63 per share.
Is New 90 Day High Low • Oct 14New 90-day low: US$122The company is down 6.0% from its price of US$130 on 16 July 2020. The Peruvian market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$45.34 per share.
Is New 90 Day High Low • Sep 24New 90-day low: US$124The company is down 9.0% from its price of US$136 on 26 June 2020. The Peruvian market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$46.33 per share.