Credicorp Ltd., a financial services holding company, provides various financial, insurance, and health services and products primarily in Peru and internationally.
Excellent balance sheet established dividend payer.
Share Price & News
How has Credicorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 0U8N's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 0U8N exceeded the UK Banks industry which returned -45.4% over the past year.
Return vs Market: 0U8N exceeded the UK Market which returned -25.9% over the past year.
Price Volatility Vs. Market
How volatile is Credicorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Credicorp undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 0U8N ($223.25) is trading below our estimate of fair value ($401.71)
Significantly Below Fair Value: 0U8N is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 0U8N is poor value based on its PE Ratio (8.4x) compared to the Banks industry average (4.9x).
PE vs Market: 0U8N is good value based on its PE Ratio (8.4x) compared to the UK market (12.3x).
Price to Earnings Growth Ratio
PEG Ratio: 0U8N is good value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: 0U8N is overvalued based on its PB Ratio (1.4x) compared to the GB Banks industry average (0.5x).
How is Credicorp forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 0U8N's forecast earnings growth (8.8% per year) is above the savings rate (0.5%).
Earnings vs Market: 0U8N's earnings (8.8% per year) are forecast to grow slower than the UK market (15.4% per year).
High Growth Earnings: 0U8N's earnings are forecast to grow, but not significantly.
Revenue vs Market: 0U8N's revenue (11.4% per year) is forecast to grow faster than the UK market (2.6% per year).
High Growth Revenue: 0U8N's revenue (11.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 0U8N's Return on Equity is forecast to be low in 3 years time (16.7%).
How has Credicorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 0U8N has a high level of non-cash earnings.
Growing Profit Margin: 0U8N's current net profit margins (33.7%) are higher than last year (33.6%).
Past Earnings Growth Analysis
Earnings Trend: 0U8N's earnings have grown by 10.6% per year over the past 5 years.
Accelerating Growth: 0U8N's earnings growth over the past year (7.1%) is below its 5-year average (10.6% per year).
Earnings vs Industry: 0U8N earnings growth over the past year (7.1%) underperformed the Banks industry 26.6%.
Return on Equity
High ROE: 0U8N's Return on Equity (16.3%) is considered low.
How is Credicorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: 0U8N has a low level of unsold assets or inventory.
Debt Coverage by Assets: 0U8N's debt is covered by short term assets (assets are 2.1x debt).
Financial Institutions Analysis
Asset Level: 0U8N's level of assets compared to its equity is low.
Allowance for Bad Loans: 0U8N has a sufficient allowance for bad loans.
Low Risk Liabilities: 0U8N's liabilities are made up of primarily low risk sources of funding.
Loan Level: 0U8N has an acceptable proportion of non-loan assets held.
Low Risk Deposits: 0U8N's loans are broadly funded by customer deposits.
Level of Bad Loans: 0U8N has a high level of bad loans (3.91%)
What is Credicorp's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 0U8N's dividend (6.69%) is higher than the bottom 25% of dividend payers in the UK market (2.66%).
High Dividend: 0U8N's dividend (6.69%) is low compared to the top 25% of dividend payers in the UK market (7.42%).
Stability and Growth of Payments
Stable Dividend: 0U8N's dividends per share have been stable in the past 10 years.
Growing Dividend: 0U8N's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (55.9%), 0U8N's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 0U8N's dividends in 3 years are forecast to be well covered by earnings (44.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Walter Bayly Llona (63yo)
Mr. Walter Bayly Llona has been Chief Executive Officer of Credicorp Ltd. since April 1, 2018. Mr. Bayly Llona served as Chief Operating Officer of Credicorp Ltd. since April 2008 until April 1, 2018. Mr. ...
|Executive Chairman of the Board||11.25yrs||no data||0.16% PEN16.3m|
|Chief Executive Officer||2yrs||no data||no data|
|Chief Financial Officer||2yrs||no data||no data|
|Head of Accounting||no data||no data||no data|
|Head of Investment Banking & Wealth Management||1.25yrs||no data||no data|
|Investor Relations Officer||0.67yr||no data||no data|
|Chief Compliance & Ethics Officer||12.17yrs||no data||no data|
|Head of Legal||2yrs||no data||no data|
|Head of On-Going Auditing & Corporate Development||no data||no data||no data|
|Chief of Human Resources Officer||2yrs||no data||no data|
Experienced Management: 0U8N's management team is considered experienced (2 years average tenure).
|Executive Chairman of the Board||11.25yrs||no data||0.16% PEN16.3m|
|Independent Director||6.25yrs||no data||no data|
|Independent Vice Chairman of the Board||11.25yrs||no data||no data|
|Independent Director||24.58yrs||no data||no data|
|Director||21.08yrs||no data||no data|
|Director||3.08yrs||no data||no data|
|Independent Director||3.08yrs||no data||no data|
|Director||6.08yrs||no data||no data|
Experienced Board: 0U8N's board of directors are considered experienced (8.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Credicorp Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Credicorp Ltd.
- Ticker: 0U8N
- Exchange: LSE
- Founded: 1995
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: US$10.301b
- Shares outstanding: 79.51m
- Website: https://www.credicorp.gcs-web.com
Number of Employees
- Credicorp Ltd.
- Clarendon House
- 2 Church Street
- HM CX
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BAP||NYSE (New York Stock Exchange)||Yes||Common Shares||US||USD||Oct 1995|
|BAP||BVL (Bolsa de Valores de Lima)||Yes||Common Shares||PE||USD||Oct 1995|
|BAP N||BMV (Bolsa Mexicana de Valores)||Yes||Common Shares||MX||MXN||Oct 1995|
|0U8N||LSE (London Stock Exchange)||Yes||Common Shares||GB||USD||Oct 1995|
Credicorp Ltd., a financial services holding company, provides various financial, insurance, and health services and products primarily in Peru and internationally. It operates through Universal Banking, Insurance and Pensions, Microfinance, and Investment Banking and Wealth Management segments. The company offers deposits and current accounts, and various credits and financial instruments to individuals and legal entities. It also issues insurance policies to cover losses in commercial property, transportation, marine vessels, automobile, life, health, and pensions, as well as provides private pension fund management services. In addition, the company offers microfinance, including the management of loans, credits, deposits, and current accounts of the small and microenterprises. Further, it provides investment brokerage and management services to corporations, institutional investors, governments, and foundations; and engages in structuring and placement of issues in the primary market, as well as the execution and negotiation of operations in the secondary market. Additionally, it structures securitization processes for corporate customers and manages mutual funds. Credicorp Ltd. was incorporated in 1995 and is based in Hamilton, Bermuda.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/04 03:42|
|End of Day Share Price||2020/03/31 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.