Credicorp（BAP）株式概要
クレディコープ・リミテッドはその子会社とともに、ペルー、バミューダ、コロンビア、ボリビア、パナマ、チリ、米国、ケイマン諸島、メキシコで様々な銀行サービスや商品を提供している。 詳細
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Analyst Price Targets
Credicorp Ltd. 競合他社
価格と性能
| 過去の株価 | |
|---|---|
| 現在の株価 | US$342.63 |
| 52週高値 | US$380.20 |
| 52週安値 | US$207.81 |
| ベータ | 0.84 |
| 1ヶ月の変化 | 7.73% |
| 3ヶ月変化 | -1.08% |
| 1年変化 | 61.76% |
| 3年間の変化 | 150.15% |
| 5年間の変化 | 129.17% |
| IPOからの変化 | 2,852.33% |
最新ニュース
ナラティブの更新 • May 25
BAP: Future Returns Will Depend On Dividend Policy And Board Transitions
Analysts have made a modest upward adjustment to their price target for Credicorp to $362.89 from $359.80, citing updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E as the key drivers of the change. What's in the News Credicorp declared an annual dividend of US$50.00 per share, with payment scheduled for June 12, 2026, and an ex dividend and record date of May 18, 2026 (Key Developments).ナラティブの更新 • May 06
BAP: Future Upside Will Depend On Dividend Actions And Board Leadership
Analysts now set their Credicorp price target around $360, up from about $354. This reflects updated assumptions for revenue growth, profit margins, discount rate and future P/E that are slightly different from prior estimates.Recent updates
ナラティブの更新 • May 25
BAP: Future Returns Will Depend On Dividend Policy And Board Transitions
Analysts have made a modest upward adjustment to their price target for Credicorp to $362.89 from $359.80, citing updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E as the key drivers of the change. What's in the News Credicorp declared an annual dividend of US$50.00 per share, with payment scheduled for June 12, 2026, and an ex dividend and record date of May 18, 2026 (Key Developments).ナラティブの更新 • May 06
BAP: Future Upside Will Depend On Dividend Actions And Board Leadership
Analysts now set their Credicorp price target around $360, up from about $354. This reflects updated assumptions for revenue growth, profit margins, discount rate and future P/E that are slightly different from prior estimates.ナラティブの更新 • Apr 21
BAP: Future Returns Will Rely On Dividend Policy And Board Leadership Decisions
Analysts have made a modest upward adjustment to their Credicorp price target, reflecting a slightly higher fair value at $353.99, along with small tweaks to the discount rate, revenue growth, profit margin, and forward P/E inputs. What's in the News A board meeting is scheduled for February 26, 2026, with agenda details yet to be disclosed.ナラティブの更新 • Apr 05
BAP: Future Returns Will Depend On Digital Bank Progress And Dividend Decisions
Analysts now see Credicorp's fair value as essentially unchanged at about $352 per share, reflecting only marginal tweaks to inputs such as the discount rate, long term revenue growth, profit margin, and future P/E assumptions. What's in the News Board meeting on April 1, 2026 to consider appointing Luis Enrique Romero Belismelis as Chairman of the Board and Raimundo Morales Dasso as Vice Chairman (company event) Board meeting on February 26, 2026, with an agenda not publicly detailed in the summary provided (company event) Board meeting on April 24, 2025 to consider and agree on the distribution of dividends (company event) Board meetings on April 25 and April 27, 2024 to consider transferring S/1,778.8 million from retained earnings to reserves (company events) Tenpo, Credicorp's digital banking subsidiary in Chile, received operating authorization from the Comisión para el Mercado Financiero, Chile's financial markets regulator (company event) Valuation Changes Fair Value: $352.32 per share, effectively unchanged from the prior estimate of about $352.34.Seeking Alpha • Mar 31
Credicorp: Strong Bank, But Limited Upside At Current Valuation
Summary Credicorp Ltd. maintains a dominant position in Peru, with 19% ROE and strong net interest margins, but trades at a premium valuation. BAP's growth is increasingly driven by digital initiatives like Yape, cost optimization, and a shift toward retail lending, rather than organic loan expansion. Political uncertainty from Peru's 2026 elections and structural instability pose significant risks to credit growth, investor confidence, and long-term asset stability. With a forward P/E of 11x and limited room for multiple expansion, BAP's future returns hinge on profit growth amid elevated macro and regulatory risks. Read the full article on Seeking Alphaナラティブの更新 • Mar 21
BAP: Future Returns Will Depend On Digital Bank And Dividend Reserve Actions
Analysts now set their fair value estimate for Credicorp at $352.34, compared with the prior $344.68. The revision reflects updated assumptions for revenue growth, profit margins and a slightly higher future P/E multiple.ナラティブの更新 • Mar 07
BAP: Future Returns Will Rely On Digital Bank And Capital Reserves
Analysts now see Credicorp's fair value at about $345, up from roughly $334, reflecting updated assumptions around discount rates, revenue growth, profit margins, and a higher future P/E multiple. What's in the News Board meeting on April 25, 2024 to consider transferring S/1,778.8 million from retained earnings to reserves, signaling a focus on capital allocation discipline (Key Developments).ナラティブの更新 • Feb 20
BAP: Future Returns Will Rely On Chilean Digital Bank Execution
Analysts have nudged their price target for Credicorp higher from $321.60 to $334.34, citing updated assumptions that combine slightly stronger modeled revenue growth with a modestly lower profit margin and a small adjustment to the future P/E multiple. What's in the News Credicorp Ltd.ナラティブの更新 • Feb 06
BAP: Future Upside Will Depend On Digital Banking Execution
Analysts have lifted their price target on Credicorp to US$321.60 from US$313.82, citing updated assumptions around revenue growth, profit margins, discount rate and future P/E that modestly adjust their valuation framework. What's in the News Credicorp Ltd.ナラティブの更新 • Jan 23
BAP: Stable Outlook Will Rely On Digital Progress And Steady Profitability
Analysts have nudged their price target on Credicorp higher to about US$314 from roughly US$301, citing updated model inputs around revenue growth, profit margins and future P/E assumptions that slightly shift the valuation range. What's in the News Tenpo, Credicorp's digital banking subsidiary in Chile, received operating authorization from the Comisión para el Mercado Financiero, the country's financial markets regulator (Key Developments).ナラティブの更新 • Jan 09
BAP: Stable Margins And Revenue Outlook Will Support A Fair Future Profile
Analysts have slightly increased their price target for Credicorp to about US$301 from roughly US$301, reflecting small adjustments to fair value, discount rate, revenue growth, profit margin and future P/E assumptions. Valuation Changes Fair Value: Updated slightly to around US$300.99 from about US$300.95, indicating only a very small change in the model output.ナラティブの更新 • Dec 22
BAP: Modest Revenue Outlook And Stable Profitability Will Support A Fair Future Profile
Analysts have nudged their price target on Credicorp slightly higher to around $301 per share, reflecting marginally stronger expectations for revenue growth and a steady long term profitability outlook. Valuation Changes The fair value estimate has edged down slightly from about $300.97 to $300.95 per share, implying a negligible change in intrinsic valuation.ナラティブの更新 • Dec 08
BAP: Stronger Margins And Revenue Mix Will Support A Balanced Outlook
Analysts have modestly raised their price target on Credicorp to approximately $301 from about $287 per share. They cite slightly stronger expected revenue growth, improved profit margins, and a lower anticipated future price-to-earnings multiple that together support a higher fair value estimate.ナラティブの更新 • Nov 24
BAP: Improved Revenue Projections And Lower Discount Rate Will Drive Outlook
Analysts have raised Credicorp's price target from $271.65 to $286.58. They cite improved revenue growth expectations and a modest decrease in the discount rate as key drivers behind this upward adjustment.ナラティブの更新 • Nov 07
BAP: Net Interest Margin Guidance And Resolved Tax Dispute Will Shape Outlook
Analysts have raised their price target for Credicorp slightly, increasing it from $270.03 to $271.65. This adjustment is attributed to improved profit margins, even though there has been a modest reduction in revenue growth projections.ナラティブの更新 • Oct 24
Digital Finance Expansion And Lending Guidance Will Shape Peru's Market Outlook
Credicorp Analyst Price Target Sees Modest Increase Analysts have raised their price target for Credicorp from $268.85 to $270.03, citing slightly higher revenue growth and improved profit margins as key factors behind the upward adjustment. What's in the News Credicorp provided earnings guidance for the second half of fiscal year 2025, expecting net interest margin (NIM) to reach the upper end of its 6.2% to 6.5% guidance range and updating cost of risk guidance to 1.8% to 2.2% due to lower-than-anticipated provisioning levels (Key Developments).ナラティブの更新 • Oct 10
Digital Finance And Lending Expansion Will Widen Market In Peru
Narrative Update: Credicorp Analyst Price Target Revised Analysts have raised their price target for Credicorp from $262.45 to $268.85. They cite updated forecasts for profitability and modest adjustments in revenue growth expectations.ナラティブの更新 • Sep 26
Digital Finance And Lending Expansion Will Widen Market In Peru
A notable upward revision in Credicorp’s revenue growth forecast has driven an increase in its consensus analyst price target from $253.12 to $262.45. What's in the News Credicorp raised earnings guidance for 2H25, expecting NIM at the upper end of the 6.2%-6.5% range and adjusted cost of risk guidance to 1.8%-2.2% due to stronger risk management and macroeconomic improvements.ナラティブの更新 • Sep 11
Digital Finance And Lending Expansion Will Widen Market In Peru
Despite a sharp decline in Credicorp's future P/E ratio and a modest reduction in consensus revenue growth forecasts, the consensus analyst price target saw only a marginal increase from $250.49 to $253.12. What's in the News Credicorp expects net interest margin (NIM) for 2H 2025 at the upper end of the 6.2%-6.5% guidance and has updated cost of risk expectations to 1.8%-2.2%, reflecting lower-than-anticipated provisioning and improved macro conditions.ナラティブの更新 • Aug 27
Digital Finance And Lending Expansion Will Widen Market In Peru
Driven by a sharply lower future P/E and a modestly improved revenue growth outlook, analysts have raised Credicorp’s consensus price target from $243.83 to $250.78. What's in the News Credicorp expects second half 2025 NIM at the upper end of 6.2%–6.5% guidance; cost of risk guidance updated to 1.8%–2.2% reflecting lower-than-expected provisioning and improved macro conditions.Seeking Alpha • Mar 08
Credicorp: Methodical Disruption And Better Growth In Peru Support Strong Growth And More Upside
Summary Credicorp is a well-managed Peruvian bank with strong growth potential, driven by innovative ventures like Yape and Tenpo, and sound risk management. Q4’24 results were positive, with pre-provision profits 7% above expectations and improvements in credit, despite some net interest margin softness. 2025 looks promising with a 6% loan growth target, mid-teens core operating profit growth, and continued investments in disruptive, market-expanding growth projects. Credicorp's valuation is attractive at around $230, supported by strong ROE, innovative growth strategies, and a proven management team. Read the full article on Seeking AlphaSeeking Alpha • Nov 27
Credicorp: New Growth Engines Emerge
Summary There's a lot more to today's Credicorp than conventional banking. Keep a particularly close eye on the fast-growing "disruptive" portfolio. It's full steam ahead for the core businesses. There's plenty here to support BAP's re-rated valuations. Read the full article on Seeking Alpha
新しいナラティブ • Nov 11
Expansive Growth In Chilean Financial Markets Through Innovative Tech And Tactical Acquisitions
Diversification and strategic acquisitions in new sectors might strengthen Credicorp's revenue resilience and long-term earnings growth.Seeking Alpha • Aug 22
Credicorp: Yape Growth Is A Tailwind
Summary Q2 earnings showed a decrease in net profit but positive trends in loan portfolio growth and asset quality improvement. There is a positive outlook for Credicorp due to improving economic conditions in Peru, and Yape success. Attractive valuation and solid fundamentals make Credicorp a buy. Read the full article on Seeking AlphaSeeking Alpha • Jun 24
Credicorp: Stay Upbeat On Peru's Premier Financial Group
Summary After a turbulent 2023, Credicorp is riding the momentum this year. On both short and long-time horizons, the group is well-positioned. Relative to the growth and income on offer, the stock seems very reasonably priced. Read the full article on Seeking AlphaSeeking Alpha • Mar 13
Credicorp: No Stopping Peru's Financial Champion Into 2024
Summary After a volatile 2023, Credicorp looks poised to turn the page this year. Management has kept the bar manageable, so there’s room for more beats and raises. Credicorp’s equity valuation may also be higher now, but is by no means detached from its fundamentals. The well-covered yield means investors get paid well to sit and wait for this growth story to play out. Read the full article on Seeking AlphaSeeking Alpha • Nov 30
Credicorp: Looking Through The Near-Term Headwinds
Summary Credicorp is going through a bad patch right now, no thanks to a worse-than-expected El Nino. While near-term results will be impacted, the mid to long-term earnings growth potential remains intact. There's also plenty of capital buffer to withstand any asset quality issues ahead. At the currently discounted valuation, Credicorp stock is worth a look. Read the full article on Seeking AlphaSeeking Alpha • Aug 02
Credicorp: Still Cheaply Priced Relative To Its Fundamentals
Summary Having successfully climbed a wall of worry this year, Credicorp’s management outlined a bullish mid-term outlook at its investor day. In addition to the strong core business fundamentals, digital initiatives like Yape are also set to contribute to the P&L. Owning Credicorp into a normalizing rate environment has its risks, but long-term investors willing to brave out the transition period could still come out ahead. Read the full article on Seeking AlphaSeeking Alpha • Feb 13
Credicorp Executing Well, But Macro Risk Remains High
Summary Credicorp's fourth quarter results were better than expected at the pre-provision line, but higher provisioning drove a miss for net income. Management is taking a more conservative stance on credit, noting some signs of weakness in real estate and tourism. Credicorp continues to see growth in its digital businesses, while competitors are getting more aggressive in corporate lending. Peru's political unrest threatens to spill over into the economy, as protests disrupt tourism and mining operations. Credicorp is undervalued on long-term growth of around 10%, but macro issues in Peru are a near-term issue for sentiment. I’ve used the “good house in a difficult neighborhood” analogy before with Credicorp (BAP), and it remains valid today – this Peruvian bank is a very well-run bank and one with above-average growth prospects, but political (and potentially economic) turmoil remains a significant challenge for sentiment and will, at some point, spill over into the operations unless the government of Peru can find a path out of its current crisis. Thus far, the shares have held up alright, declining modestly since my last update. It will take time for Peru to get back to some semblance of normal, but in the meantime two of the country’s main engines of economic growth, mining and tourism, are vulnerable to ongoing social unrest. I do still believe that Credicorp can generate around 10% long-term core earnings growth from here, and that it is undervalued on that basis, but investors considering the shares today should at least go in with their eyes open to the macro risks here. A Good Quarter On A Core Basis, But Higher Provisions Are A Concern Credicorp’s core results were better than expected in the fourth quarter, but there were some warning signs, including slowing loan demand and rising provisions, with management getting more cautious on the economic outlook. Revenue rose 22% year over year and 6% quarter over quarter, with net interest income driving the growth. Net interest income rose about 31% yoy and 8% qoq, beating by around 5% (different third-party services reported different “consensus” numbers for the quarter), with net interest margin up almost 150bp yoy and 42bp qoq to 5.73%. Earning assets fell about 3% sequentially. Fee income declined 3% yoy and 4% qoq, while insurance earnings rose 44% yoy and fell about 7% qoq. Operating expenses rose 11% yoy and about 16% qoq reported. Pre-provision profits rose 37% yoy and fell 3% qoq, beating by about 3%. Provisions, though, were much higher than expected, driving pre-tax profits down 18% qoq (up 1% yoy), missing by about 6% to 9%. Slowing Growth And Rising Non-Performing Loans Overall constant currency structural loan performance wasn’t too bad, rising close to 12% yoy and about 4% qoq, only a modest deceleration from the sequential growth in the third quarter. For the Peruvian operations, though, loans were up less than 1% sequentially versus the 5%-plus growth in the prior quarter, with particularly noticeable slowdowns in business lending. Corporate lending was down about 2% qoq, while small/medium-sized business lending slowed to the low single-digits. Consumer lending growth remains in the low single-digits on a sequential basis, with Mibanco slowing from about 4% qoq growth in the third quarter to less than 3% qoq growth this quarter. Given higher rates (Credicorp’s average loan yield improved 180bp yoy and 50bp qoq to 9.9%) and growing concern about the economy in 2023, it’s not so surprising that loan demand is slowing. At the same time, I think it’s worth monitoring the performance of competitors – BBVA (BBVA) and Bank of Nova Scotia (BNS) (“Scotiabank”) have both been getting more aggressive in going after Credicorp’s nearly 40% market share in corporate lending. I also find Intercorp’s (IFS) efforts on the retail and digital side to be interesting. I’m more concerned at this point by the credit situation. Non-performing loans rose 10% sequentially, with the structural NPL ratio climbing slightly (3bp) to 4.95%. Mibanco’s NPL ratio actually improved meaningfully on a sequential basis, from 6.5% to 5%. Cost of risk jumped 85bp qoq to 2.06%, with Mibanco up 320bp to 5.9%, as management takes a more conservative stance on credit. Management pointed to increased signs of weakness in the corporate business from businesses in the real estate and tourism sectors, and does sound more cautious overall about the business climate in 2023. Political Risk Will Eventually Become Economic Risk Credicorp is doing well with the things it can control. It has maintained strong share in a wide range of lending categories while simultaneously maintaining good risk control and expanding its lending to smaller businesses and microfinance customers. There are a few areas where Credicorp punches below its weight (credit cards, most notably), but competing for more share against Intercorp and Scotiabank may not be worth the risk and cost. Credicorp also continues to leverage its digital efforts. About two-thirds of its customers use the bank’s digital tools for half or more of their transactions, and Yape continues to grow nicely, with a 42% sequential increase in users and an 84% sequential increase in active users. Not only is Credicorp starting to monetize Yape (largely through transactions and marketplace services), it’s expanding its digital offerings on Culqui (its acquiring/POS platform) and moving forward with a new digital bank offering for affluent customers. All of that is great, but there are bigger events underway in Peru. The arrest and impeachment of former president Castillo has not only put the country’s sixth president in place within the last five years, but also sparked violent protests across the country (more in the southern areas). Protests have led to the closure of Machu Picchu and disruptions to the mining industry, and the U.S. State Department and Britain’s government both now advise caution with respect to traveling to Peru. A resolution seems distant at this point. Some of the protestors are talking about themselves as an insurgency, and in multiple cases the government has treated them as such, leading multiple ministers of Boluarte’s government to resign in protest of the government’s use of violence to quell protests. Meanwhile, although the populace seems to support new elections in 2023, the congress seems reluctant to move on this, with elections currently scheduled for 2026.Seeking Alpha • Dec 16
Credicorp GAAP EPS of S/16.33, Net interest income of S/3B
Credicorp press release (NYSE:BAP): Q3 GAAP EPS of S/16.33. Net interest income of S/3B (+22.4% Y/Y). Efficiency Ratio improved 80bps YTD and stood at 43.9% in September. Structural Loans up 5.2% QoQ (+4.3% FX Neutral) and 10.3% YoY (+12.6% FX Neutral) in average daily balances.Seeking Alpha • Aug 23
Credicorp Remains A Well-Run House In A Tricky Neighborhood
Credicorp has seen better than expected leverage to higher interest rates, but ongoing investments in business development have weighed on pre-provision profits. Loan demand, yields, and credit trends look positive, but Peru's macroeconomic and political outlooks are shakier now, increasing overall operating and sentiment risk. Credicorp shares look undervalued on the prospect of high-single-digit long-term core earnings growth, but macro-driven volatility is a risk to consider. I’ve long been a fan of Credicorp (BAP), a well-run leading Peruvian bank, and I’ve been impressed with the company’s ability to navigate challenges in the political and macroeconomic environment of Peru, while continuing to maintain good lending share and investing in growth drivers like digital banking. I haven’t been as big of a fan of operating conditions in Peru, though, and I’m not altogether surprised that Credicorp’s shares are about 20% lower than at my last write-up, as the macroeconomic situation in Peru has gotten more challenging. It’s easier to be bullish on Credicorp at this lower valuation, though I still see economic and political risk as major factors in the investment analysis. Weak business confidence and low real wage growth aren’t great underlying trends for the near term, nor is a 20% approval rating for the president or a significant increase in the price of credit default swaps for Peru since the start of the year. All in all, I like the double-digit prospective returns here, but investors need to go in with their eyes open with respect to the above-average risks and volatility here. A Minor Miss On Core Earnings Credicorp’s second quarter was more “okay” than “good”, with positive loan and interest margin trends offset by some shortfalls in fee-based lines and higher expenses. Revenue rose 21% year over year and 4% quarter over quarter, with net interest income up 19% yoy and 8% qoq on a stronger-than-expected 46bp qoq improvement in net interest margin (to 46bp). While Credicorp isn’t an especially asset-sensitive bank, rate hikes have exceeded earlier expectations. Fee-based income rose 7% yoy and 3% qoq. Operating expenses rose 10% yoy and 5% qoq, and this was a notable contributor to a modest miss on the pre-provision line. Expenses were driven significantly by ongoing investments in IT (including digital banking) and customer loyalty initiatives – both of which are think are worth upfront investment in pursuit of improved long-term efficiency. Pre-provision profits rose 35% yoy and 3% qoq, but missed by about 1% - not a big deal, but you’d still rather see a beat. Provisioning expense was a fair bit higher than the sell-side expected, driven in large part by management caution regarding a deteriorating macro outlook, though underlying loss formation trends aren’t concerning at this point. Loan Growth Despite Macro Challenges Credicorp posted 15% yoy and 4% qoq adjusted constant-currency loan growth in the second quarter, which was solid relative to management and sell-side expectations. Mibanco, a segment of Credicorp that focuses on microfinance transactions, saw 20% yoy and 8% qoq loan growth, while Pyme (small-to-medium-sized business loans) saw 22% and 8% qoq loan growth. Corporate loan growth was also healthy (up 16.5% yoy and 3%), with middle-market (up 21% yoy and 3% qoq) standing out a bit. Mortgage loan demand was softer (up 8% yoy and 2.5% qoq), and the Bolivian segment saw loans contract more than 1% yoy (flattish qoq). Reactiva loans (a program in Peru very roughly akin to the U.S. PPP program remain about 10% of loan balances). Credit quality is somewhat mixed. The 90-day non-performing loan ratio was down both annually (down 65bp) and sequentially (18bp) to 4.9%, but the cost of risk is trending toward the high end of management’s expectations and the bank is seeing some moderate NPL formation within small/medium-sized business working capital lending. At the same time, Mibanco credit quality is trending positively, with the NPL ratio down 570bp yoy and 60bp qoq to 6.1%. Healthy loan demand and improving credit quality are coming despite some notable challenges in the macro environment. While the Peruvian economy has been helped by higher commodity prices, copper prices are already about 25% off their high, and business confidence in Peru is fairly low at around 34 in July – down from close to 45 at the start of the year (numbers above 50 indicate positive feelings about the near-term outlook for Peruvian economy). At the same time, Peru remains stuck with low real wage growth and real GDP growth is only expected to be in the neighborhood of 2.5% to 3% over the next couple of years. The political situation also remains volatile. There have been ongoing clashes between the legislative and executive branches, and President Castillo’s approval rating is currently hovering around 20%.Seeking Alpha • Jul 19
Credicorp stock gains after Credit Suisse upgrades on Peru's economic outlook
Credicorp (NYSE:BAP) stock is rising 4.8% in midday Tuesday trading after Credit Suisse analyst Alonso Garcia upgraded the Peru-based bank to Outperform from Neutral as he sees Peru as "one of the most defensive countries in the LatAm region amid a global economic slowdown, rising yields, and risk aversion sentiment." Overall, the Credit Suisse economics team expects Peru to fare better than most of its regional peers in GDP growth in 2022 and 2023, with "the best fiscal results and one of the lowest debt burdens," Garcia wrote in a note to clients. With the stock at a discounted valuation, Credicorp (BAP) has an attractive risk-reward profile, he said. Year-to-date, BAP stock has slipped 2.0% vs. the S&P 500 20% drop. Garcia's Outperform rating aligns with the SA Quant rating of Buy and is more bullish than the average Wall Street rating of Hold. SA contributor Stephen Simpson wasn't as optimistic about Credicorp (BAP) in March, saying it short-term valuation metrics were more "okay" than compelling.Seeking Alpha • Mar 12
Credicorp Shaking Off The Pandemic And Getting Back To Business As Usual
Credicorp has continued to benefit from better-than-expected credit evolution and demand for loans is starting to pick up again. This Peruvian bank is not particularly asset-sensitive, and loan growth will be mitigated by Reactiva loan run-off, but double-digit revenue growth and single-digit opex growth can drive strong earnings growth. I'm not fully convinced that the political situation in Peru is no longer a risk, but it seems like the more dire scenarios are off the table now. Long-term core earnings growth in the low double-digits can support a double-digit annualized return from here, but shorter-term valuation metrics are more "okay" than compelling.Seeking Alpha • Sep 02
Good Execution At Credicorp Canceled Out By Political Risk
Credicorp had a mixed quarter on weakness in insurance and higher opex meant to grow the business further down the line, but spread income and loan growth were positives. Credit quality continues to improve, and Credicorp management solidified their good reputation by acting quickly and conservatively on reserving early in the cycle. Digitalization remains a significant long-term opportunity for Credicorp, and customer utilization has improved as a result of the pandemic. The election of Pedro Castillo has created turmoil in the Peruvian economy and market, with considerable uncertainty over how much of the Marxist campaign rhetoric will become actual policy/law. Credicorp is undervalued on a long-term core earnings growth rate of 7% and mid-teens ROEs, but there is very high uncertainty and risk around the macro and regulatory environments.株主還元
| BAP | US Banks | US 市場 | |
|---|---|---|---|
| 7D | 2.5% | -0.4% | 1.5% |
| 1Y | 61.8% | 19.4% | 28.6% |
業界別リターン: BAP過去 1 年間で19.4 % の収益を上げたUS Banks業界を上回りました。
リターン対市場: BAP過去 1 年間で28.6 % の収益を上げたUS市場を上回りました。
価格変動
| BAP volatility | |
|---|---|
| BAP Average Weekly Movement | 6.7% |
| Banks Industry Average Movement | 3.2% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.0% |
安定した株価: BAP 、 US市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。
時間の経過による変動: BAPの 週次ボラティリティ ( 7% ) は過去 1 年間安定しています。
会社概要
| 設立 | 従業員 | CEO（最高経営責任者 | ウェブサイト |
|---|---|---|---|
| 1889 | 51,509 | Gianfranco Piero Dario de Las Casas | grupocredicorp.com |
クレディコープ・リミテッドは子会社とともに、ペルー、バミューダ、コロンビア、ボリビア、パナマ、チリ、米国、ケイマン諸島、メキシコで様々な銀行サービスや商品を提供している。ユニバーサル・バンキング部門、保険・医療サービス・年金部門、マイクロファイナンス部門、投資管理・アドバイザリー部門を通じて事業を展開している。個人・法人向けには各種クレジットや金融商品、預金や当座預金などを提供している。また、商業用不動産、運輸、船舶、自動車、生命保険、健康保険、年金などの損害をカバーする保険契約を発行し、医療・健康サービス、私的年金基金の運用サービスを関連会社に提供している。また、中小・零細企業のローン、債権、預金・当座預金の管理、企業、機関投資家、政府、財団への仲介サービスおよび投資運用サービスの提供、プライマリー市場における銘柄の組成・斡旋、セカンダリー市場における取引の執行・交渉、法人顧客向けの証券化プロセスの構築、投資信託の運用にも携わっている。さらに、カストディ、受託、資本市場、資産運用、決済処理サービスの提供、eコマース用デジタル・プラットフォームの運営、デジタル・ビジネスの管理・開発、私的年金基金の管理者としての役割も担っている。クレディコープは 1889 年に設立され、ペルーのリマに本社を置く。
Credicorp Ltd. 基礎のまとめ
| BAP 基礎統計学 | |
|---|---|
| 時価総額 | US$27.13b |
| 収益（TTM） | US$2.12b |
| 売上高(TTM) | US$6.45b |
12.8x
PER（株価収益率2.3x
PBR（株価純資産倍率BAP は割高か？
公正価値と評価分析を参照収益と収入
| BAP 損益計算書（TTM） | |
|---|---|
| 収益 | S/21.92b |
| 売上原価 | S/167.16m |
| 売上総利益 | S/21.75b |
| その他の費用 | S/14.54b |
| 収益 | S/7.21b |
直近の収益報告
Mar 31, 2026
次回決算日
Aug 13, 2026
| 一株当たり利益（EPS） | 90.76 |
| グロス・マージン | 99.24% |
| 純利益率 | 32.90% |
| 有利子負債／自己資本比率 | 64.2% |
BAP の長期的なパフォーマンスは？
過去の実績と比較を見る| Credicorp 配当日 | |
|---|---|
| 配当落ち日 | May 18 2026 |
| 配当支払日 | Jun 12 2026 |
| 配当落ちまでの日数 | 13 days |
| 配当支払日までの日数 | 12 days |
BAP 配当は確実ですか？
BAP 配当履歴とベンチマークを見る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 | 2026/05/29 20:33 |
| 終値 | 2026/05/29 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 |
| |
| アナリストのコンセンサス予想 | +プラス3年 |
|
|
| 市場価格 | 30年 |
| |
| 所有権 | 10年 |
| |
| マネジメント | 10年 |
| |
| 主な進展 | 10年 |
|
* 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 Attuch | Barclays |
| Ernesto Gabilondo Márquez | BofA Global Research |
| Francisco Navarrete | Bradesco S.A. Corretora de Títulos e Valores Mobiliários |