Credicorp Q1 2023 Earnings Report

Credicorp EPS Results

• Actual EPS: $3.85
• Consensus EPS: $4.12
• Beat/Miss: Missed by -$0.27
• One Year Ago EPS: N/A

Credicorp Revenue Results

• Actual Revenue: $963.10 million
• Expected Revenue: $1.21 billion
• Beat/Miss: Missed by -$244.78 million
• YoY Revenue Growth: N/A

Credicorp Announcement Details

• Quarter: Q1 2023
• Date: 5/5/2023
• Time: N/A

Credicorp (NYSE:BAP) 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 Equity Management segments. The Universal Banking segment grants various credits and financial instruments to individuals and legal entities; and various deposits and current accounts. The Insurance and Pensions segment issues insurance policies to cover losses in commercial property, transport, marine vessels, automobiles, life, health, and pensions; and management services for private pension funds. The Microfinance segment provides management of loans, deposits, and current accounts for small and microenterprises. The Investment Banking and Equity Management segment is involved in provision of brokerage and investment management services for corporations, institutional investors, governments, and foundations; structuring and placement of issues in the primary market; execution and negotiation of transactions in the secondary market; and structuring of securitization processes for corporate customers and manages mutual funds. The company was founded in 1889 and is headquartered in Lima, Peru.