Credicorp (NYSE:BAP) Announces Quarterly Earnings Results, Misses Expectations By $0.66 EPS

Credicorp (NYSE:BAP - Get Free Report) announced its quarterly earnings data on Monday. The bank reported $3.76 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $4.42 by ($0.66), Zacks reports. Credicorp had a net margin of 20.11% and a return on equity of 15.59%.

Credicorp Trading Up 1.1 %

NYSE:BAP traded up $2.04 during midday trading on Friday, reaching $185.81. 234,111 shares of the stock traded hands, compared to its average volume of 262,825. The company has a fifty day moving average of $184.88 and a 200 day moving average of $181.78. Credicorp has a 12 month low of $153.27 and a 12 month high of $200.00. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.07 and a current ratio of 1.07. The stock has a market capitalization of $14.78 billion, a P/E ratio of 10.66, a PEG ratio of 0.51 and a beta of 1.12.

Analysts Set New Price Targets

A number of research firms recently commented on BAP. Bank of America lowered shares of Credicorp from a "buy" rating to a "neutral" rating and lowered their price target for the company from $209.00 to $208.00 in a report on Monday, December 16th. JPMorgan Chase & Co. upped their price target on shares of Credicorp from $200.00 to $219.00 and gave the company an "overweight" rating in a report on Tuesday, November 12th.

Credicorp Company Profile

Credicorp Ltd. 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.