Reported Earnings • Aug 17
Second quarter 2026 earnings released: EPS: S/24.96 (vs S/22.94 in 2Q 2025) Second quarter 2026 results: EPS: S/24.96 (up from S/22.94 in 2Q 2025). Revenue: S/5.75b (up 12% from 2Q 2025). Net income: S/1.98b (up 8.8% from 2Q 2025). Profit margin: 35% (down from 36% in 2Q 2025). 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 15% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Jun 11
Insider recently sold Mex$19m worth of stock On the 5th of June, Diego Cavero Belaunde sold around 4k shares on-market at roughly Mex$5,565 per share. This transaction amounted to 32% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$26m more than they bought in the last 12 months. Recent Insider Transactions • May 28
Chief Financial Officer recently sold Mex$6.3m worth of stock On the 21st of May, Alejandro Perez-Reyes Zarak sold around 1k shares on-market at roughly Mex$5,857 per share. This transaction amounted to 38% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Alejandro's only on-market trade for the last 12 months. Announcement • May 20
Credicorp Ltd. announces Annual dividend, payable on June 12, 2026 Credicorp 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. Declared Dividend • Apr 27
Dividend of S/50.00 announced Shareholders will receive a dividend of S/50.00. Ex-date: 18th May 2026 Payment date: 12th June 2026 Dividend yield will be 0.9%, which is lower than the industry average of 3.9%. 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. Announcement • Apr 03
Credicorp Ltd. Announces Board and Committee Changes Credicorp 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). Reported Earnings • Feb 15
Full 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 29% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to Mex$6,139, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 8x in the Banks industry in South America. Total returns to shareholders of 189% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$5,911 per share. Announcement • Jan 30
Credicorp Ltd., Annual General Meeting, Mar 31, 2026 Credicorp Ltd., Annual General Meeting, Mar 31, 2026, at 15:00 SA Pacific Standard Time. Valuation Update With 7 Day Price Move • Sep 06
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to Mex$4,735, 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 returns to shareholders of 56% over the past year. Simply Wall St's valuation model estimates the intrinsic value at Mex$5,333 per share. Announcement • Apr 25
Credicorp Ltd. Declares Cash Dividend for Fiscal Year 2024, Payable on June 13, 2025 Credicorp 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. Announcement • Jan 31
Credicorp Ltd., Annual General Meeting, Mar 27, 2025 Credicorp Ltd., Annual General Meeting, Mar 27, 2025, at 15:00 SA Pacific Standard Time. Valuation Update With 7 Day Price Move • Nov 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to Mex$3,810, 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 97% over the past year. Simply Wall St's valuation model estimates the intrinsic value at Mex$3,846 per share. Reported Earnings • Nov 12
Third quarter 2024 earnings released: EPS: S/19.17 (vs S/15.57 in 3Q 2023) Third quarter 2024 results: EPS: S/19.17 (up from S/15.57 in 3Q 2023). Revenue: S/4.66b (up 16% from 3Q 2023). Net income: S/1.52b (up 23% from 3Q 2023). Profit margin: 33% (up from 31% in 3Q 2023). 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 13% growth forecast for the Banks industry in South America. Upcoming Dividend • Sep 13
Upcoming dividend of S/11.00 per share Eligible 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 Mexican dividend payers (7.4%). Higher than average of industry peers (4.7%). Announcement • Aug 30
Credicorp Ltd. Announces Special Cash Dividend, Payable on October 18, 2024 Credicorp 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. Announcement • Apr 27
Credicorp Ltd. Raises Annual Dividend, Payable on June 14, 2024 Credicorp 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. Announcement • Jan 27
Credicorp Ltd., Annual General Meeting, Mar 27, 2024 Credicorp 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. Reported Earnings • Nov 06
Third 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 8.5% growth forecast for the Banks industry in Mexico. 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 8% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 16
Second quarter 2023 earnings released: EPS: S/17.57 (vs S/14.10 in 2Q 2022) Second quarter 2023 results: EPS: S/17.57 (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 9.6% growth forecast for the Banks industry in Mexico. Board Change • Jun 07
High number of new directors Independent Director Pedro Rubio Feijoo was the last director to join the board, commencing their role in 2023. Board Change • May 11
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Irzio Pinasco Menchelli was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Apr 24
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Irzio Pinasco Menchelli was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Mar 07
High number of new directors There 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 • Feb 14
Full 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 13% growth forecast for the Banks industry in Mexico. 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 12% per year, which means it is significantly lagging earnings. Board Change • Jan 31
High number of new directors There 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. Board Change • Nov 16
High number of new directors There 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 10
Third 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 Mexico. 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 7% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 14
Second 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 26% growth forecast for the industry in Mexico. 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 8% per year, which means it is performing significantly worse than earnings. Board Change • Jul 18
High number of new directors There 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. Board Change • May 31
High number of new directors There 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 01
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full 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 31% growth forecast for the banks industry in Mexico. 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 12% per year, which means it has not declined as severely as earnings. Board Change • Jan 04
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent 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. 
