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Peru's largest financial holding company, parent of Banco de Credito del Peru, insurance and pension businesses.
Peru's largest financial holding company, parent of Banco de Credito del Peru, insurance and pension businesses.
Earns mostly from the spread between loan and deposit rates at BCP, with fees and insurance premiums adding to that; Prima collects a fee on workers' contributions to Peru's private pension system. Peru's Romero family has long been the main shareholder, and the holding company is incorporated in Bermuda.
In one line: Peru's largest diversified banking and insurance group.
Moat: narrow (scale, brand, distribution). Dominant Peruvian banking, microfinance and insurance franchise with a deep branch/agent network.
Headquarters: Lima, Peru · Founded: 1889 · Employees: 51,005
Size Credicorp (BAP) is a United States Financials company (Major Banks) with a market value of $27.6B, the 391st largest of 3,117 United States companies the cockpit tracks. Shares closed at $347.93 on 6 Nov 2026.
Performance Over six months the shares gained 5.3%, against +2.1% for the median peer and -1.1% for the United States market (cap-weighted) — 8th highest of 21 in its peer set.
Growth Revenue grew 23.9% over the last twelve months (peer median +3.9%); the operating margin is 40.2% (peer median 35.6%).
Valuation It trades at 2.47× book value against a peer median of 1.24× (4th most expensive of 21).
Price implies The share price implies a return on equity of about 17.9%; Credicorp delivers 20.6%, so the price asks less than the business earns today.
Credit Credicorp has 5 bonds outstanding ($2.85B), rated BB+ by the agencies and trading like BBB- at a weighted spread of 91 bp.
Short interest Short interest is 1.6% of the free float (15 Oct 2026).
Next results Next results expected around 9 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $9.27B | $7.99B | $7.40B | $6.82B | $5.55B |
| Revenue growth | — | +8% | +8% | +23% | — |
| Net income | $2.15B | $1.94B | $1.47B | $1.30B | $1.21B |
| Free cash flow | $1.28B | $2.49B | $2.55B | $2.66B | $2.60B |
| Capital expenditure | $416M | $356M | $296M | $308M | $234M |
| Total debt | $10.6B | $10.2B | $10.2B | $10.4B | $10.7B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Credicorp BAP | $27.6B | +5% | +24% | 21% | 2.47× | 17.9% |
| Intercorp Financial Services IFS | $5.38B | +4% | +9% | 17% | 1.36× | 10.5% |
| Banco de Chile Sponsored ADR BCH | $19.6B | +7% | +4% | 22% | 3.15× | 13.6% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | BAP | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -8.5% | +0.5% | 3rd lowest of 21 |
| 6-month return | +5.3% | +2.1% | 8th highest of 21 |
| Return on equity | 20.6% | 11.0% | 2nd highest of 21 |
| Price / book | 2.47× | 1.24× | 4th most expensive of 21 |
| Trailing P/E | 12.9× | 11.8× | 7th most expensive of 20 |
| ROE the price implies | 17.9% | 8.3% | 3rd most demanding of 21 |
| ROE delivered | 20.6% | 11.6% | 2nd highest of 19 |
| Bond spread | 91 bp | 81 bp | 5th widest of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Credicorp BAP | United States | $27.6B | +5% | +24% | 21% | 2.47× | 17.9% | 20.6% |
| Banco Bradesco SA Sponsored ADR Pfd BBD | United States | $27.5B | -32% | +29% | 14% | 0.71× | 6.2% | 14.2% |
| Sumitomo Mitsui Trust Gp 8309.T | Japan | $27.4B | +38% | +5% | 11% | 1.18× | 7.5% | 10.9% |
| China Everbright Bank 6818.HK | Hong Kong | $26.6B | -10% | -3% | 5% | 0.28× | 3.9% | 5.5% |
| Citizens Financial CFG | United States | $26.5B | -1% | +4% | 9% | 1.16× | 11.5% | 8.9% |
| ShinhanGroup 055550.KS | South Korea | $29.2B | -13% | +32% | 9% | 0.78× | 5.2% | n/a |
| E Sun Financial 2884.TW | Taiwan | $25.2B | +55% | +36% | 15% | 2.70× | 7.6% | 14.7% |
| BPER Banca BPE.MI | Italy | $30.4B | +2% | +15% | 15% | 1.49× | 18.6% | 14.9% |
| Huntington Bancshares HBAN | United States | $31.2B | -3% | +24% | 9% | 1.06× | 10.2% | 9.1% |
| Regions Financial RF | United States | $24.1B | +2% | +1% | 12% | 1.46× | 13.2% | 12.4% |
| Mega Financial 2886.TW | Taiwan | $24.0B | +37% | +1% | 10% | 1.97× | 5.9% | 10.0% |
| Svenska Handelsbanken SHB-A.ST | Sweden | $32.6B | +23% | -14% | 12% | 1.68× | 9.0% | 12.2% |
| Bank of Nanjing 601009.SS | China | $22.8B | +5% | +6% | 12% | 0.77× | 2.8% | 11.9% |
| Banco BPM BAMI.MI | Italy | $22.8B | +1% | -4% | 12% | 1.30× | 13.5% | 12.5% |
| Hanafinancialgr 086790.KS | South Korea | $22.5B | -7% | +39% | 10% | 0.79× | 5.3% | n/a |
| Ping An Bank 000001.SZ | China | $34.4B | +3% | -9% | 9% | 0.48× | 3.6% | 9.0% |
| KeyCorp KEY | United States | $22.0B | -3% | +9% | 11% | 1.39× | 13.1% | 11.2% |
| China Minsheng Banking 1988.HK | Hong Kong | $21.9B | -13% | -5% | 4% | 0.20× | 3.8% | 4.2% |
| PKO Bank Polski PKO.WA | Poland | $36.5B | +18% | -2% | 20% | 2.56× | 31.9% | 20.1% |
| Banco de Chile Sponsored ADR BCH | United States | $19.6B | +7% | +4% | 22% | 3.15× | 13.6% | 21.8% |
| Banco de Sabadell SAB.MC | Spain | $19.2B | +8% | -35% | 5% | 1.40× | 15.5% | 5.1% |
Credicorp has 5 bonds outstanding with $2.85B face value. The agencies rate it BB+; its bonds trade like BBB-. Weighted yield 5.44%, a spread of 91 bp over government bonds.