NYSE:BAPBanks
How Strong Earnings and Tax Clarity at Credicorp (BAP) Have Changed Its Investment Story
Earlier this month, Credicorp Ltd. reported second-quarter 2025 results showing strong growth in net interest income and net income, and also provided updated earnings guidance for the second half of the year, raising expectations for margin and provisioning levels due to effective risk management.
Additionally, Credicorp announced that a PEN1.6 billion tax assessment and related fine issued by the Peruvian Tax Authority had been cancelled, bringing greater clarity regarding regulatory...