BVL:CREDITC1

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Banco de Crédito del Perú

Executive Summary

Banco de Crédito del Perú S.A. provides banking products and services to individuals, small-sized companies, and corporate customers in Peru. More Details


Snowflake Analysis

Excellent balance sheet second-rate dividend payer.


Similar Companies

Share Price & News

How has Banco de Crédito del Perú's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CREDITC1 is not significantly more volatile than the rest of PE stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: CREDITC1's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

-3.8%

CREDITC1

-0.3%

PE Banks

0.04%

PE Market


1 Year Return

-20.2%

CREDITC1

-8.2%

PE Banks

0.06%

PE Market

Return vs Industry: CREDITC1 underperformed the PE Banks industry which returned -7% over the past year.

Return vs Market: CREDITC1 underperformed the PE Market which returned 1.3% over the past year.


Shareholder returns

CREDITC1IndustryMarket
7 Day-3.8%-0.3%0.04%
30 Day-4.3%2.3%2.8%
90 Day4.4%7.9%11.0%
1 Year-18.0%-20.2%-5.8%-8.2%3.2%0.06%
3 Year-8.9%-17.0%7.0%-2.6%7.7%-2.4%
5 Year90.3%60.9%111.4%78.8%77.9%52.0%

Long-Term Price Volatility Vs. Market

How volatile is Banco de Crédito del Perú's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Banco de Crédito del Perú undervalued compared to its fair value and its price relative to the market?

26.43x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CREDITC1 (PEN3.83) is trading above our estimate of fair value (PEN1.96)

Significantly Below Fair Value: CREDITC1 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: CREDITC1 is good value based on its PE Ratio (26.4x) compared to the PE Banks industry average (29.6x).

PE vs Market: CREDITC1 is poor value based on its PE Ratio (26.4x) compared to the PE market (12.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CREDITC1's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CREDITC1 is overvalued based on its PB Ratio (2.3x) compared to the PE Banks industry average (1.6x).


Next Steps

Future Growth

How is Banco de Crédito del Perú forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.7%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Banco de Crédito del Perú has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Banco de Crédito del Perú performed over the past 5 years?

2.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CREDITC1 has high quality earnings.

Growing Profit Margin: CREDITC1's current net profit margins (21.3%) are lower than last year (39.1%).


Past Earnings Growth Analysis

Earnings Trend: CREDITC1's earnings have grown by 2.7% per year over the past 5 years.

Accelerating Growth: CREDITC1's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CREDITC1 had negative earnings growth (-55.9%) over the past year, making it difficult to compare to the Banks industry average (-61.7%).


Return on Equity

High ROE: CREDITC1's Return on Equity (8.8%) is considered low.


Next Steps

Financial Health

How is Banco de Crédito del Perú's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: CREDITC1's Assets to Equity ratio (9.8x) is low.

Allowance for Bad Loans: CREDITC1 has a sufficient allowance for bad loans (117%).

Low Risk Liabilities: 71% of CREDITC1's liabilities are made up of primarily low risk sources of funding.

Loan Level: CREDITC1 has an appropriate level of Loans to Assets ratio (59%).

Low Risk Deposits: CREDITC1's Loans to Deposits ratio (93%) is appropriate.

Level of Bad Loans: CREDITC1 has a high level of bad loans (4.7%).


Next Steps

Dividend

What is Banco de Crédito del Perú current dividend yield, its reliability and sustainability?

4.13%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CREDITC1's dividend (4.13%) is higher than the bottom 25% of dividend payers in the PE market (3%).

High Dividend: CREDITC1's dividend (4.13%) is low compared to the top 25% of dividend payers in the PE market (9.76%).


Stability and Growth of Payments

Stable Dividend: CREDITC1's dividends per share have been stable in the past 10 years.

Growing Dividend: CREDITC1's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (93.8%), CREDITC1's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

9.1yrs

Average management tenure


CEO

Gianfranco Piero Dario Ferrari de Las Casas (55 yo)

2.83yrs

Tenure

Mr. Gianfranco Piero Dario Ferrari de Las Casas serves as Director at Mibanco – Banco de la Microempresa SA (formerly known as Mibanco, Banco de la Microempresa SA) since 2020. Mr. Ferrari de Las Casas has...


Leadership Team

NamePositionTenureCompensationOwnership
Gianfranco Piero Dario Ferrari de Las Casas
Chief Executive Officer2.83yrsno datano data
Cesar Rios Briceno
Chief Financial Officer2.83yrsno datano data
Jose Luis Munoz Rivera
Head of Accounting Divisionno datano datano data
Ricardo Bustamante Gonzales
Head of Technology and Digital Strategyno datano datano data
Jose Ortiz
Head of Administration & Process Divisionno datano datano data
Giuliana Cuzquén
Head of Investor Relationsno datano datano data
Guillermo Jesus Morales Valentin
Head of Legal11.08yrsno datano data
Barbara Falero
Head of Corporate Compliance Divisionno datano datano data
Claudia Delgado
Head of Strategic Planning and Business Developmentno datano datano data
Bernardo Sambra Graña
Head of Human Resources10.5yrsno datano data
Reynaldo Llosa Benavides
Chief Risk Officer9.08yrsno datano data
Pablo Minan Galarza
Head of Credit Divisionno datano datano data

9.1yrs

Average Tenure

Experienced Management: CREDITC1's management team is seasoned and experienced (9.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Roque Eduardo Benavides Ganoza
Independent Director11.92yrsno datano data
Benedicto Ciguenas Guevara
Independent Director16.08yrsno datano data
Jose Raimundo Morales Dasso
Independent Vice Chairman of the Board13.08yrsno datano data
Juan Carlos Verme Giannoni
Independent Director30.92yrsno datano data
Fernando Fort Marie
Director30.92yrsno datano data
Dionisio Romero Paoletti
Chairman of the Board12.08yrsno datano data
Luis Enrique Romero Belismelis
Director11.92yrsno datano data
Eduardo Hochschild Beeck
Independent Director18.08yrsno datano data
Pedro Rubio Feijoo
Directorno datano datano data
Martin Perez Monteverde
Alternate Directorno datano datano data
Barbara Bruce Ventura
Independent Director5.92yrsno datano data
Luis Enrique Montero Aramburu
Independent Director5.92yrsno datano data

12.6yrs

Average Tenure

59yo

Average Age

Experienced Board: CREDITC1's board of directors are seasoned and experienced ( 12.6 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Banco de Crédito del Perú S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Banco de Crédito del Perú S.A.
  • Ticker: CREDITC1
  • Exchange: BVL
  • Founded: 1889
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: S/42.388b
  • Shares outstanding: 11.07b
  • Website: https://www.viabcp.com

Number of Employees


Location

  • Banco de Crédito del Perú S.A.
  • Calle Centenario 156
  • La Molina
  • Lima
  • Lima
  • 12
  • Peru

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CREDITC1BVL (Bolsa de Valores de Lima)YesCommon SharesPEPENJun 1993

Biography

Banco de Crédito del Perú S.A. provides banking products and services to individuals, small-sized companies, and corporate customers in Peru. The company offers savings and current account; term deposits; ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/27 23:06
End of Day Share Price2021/02/26 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.