Credicorp (BAP) Stock Price, News & Analysis

Company Overview

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. 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.

Key Stats

• Today's Range: $175.50 to $181.73
• 50-Day Range: $160.23 to $180.42
• 52-Week Range: $116.42 to $182.82
• Volume: 436,900 shs
• Average Volume: 233,403 shs
• Market Capitalization: $14.27 billion
• P/E Ratio: 10.65
• Dividend Yield: 5.17%
• Price Target: $181.73
• Consensus Rating: Buy

Credicorp Stock Analysis - MarketRank™

Credicorp scored higher than 87% of companies evaluated by MarketBeat, and ranked 172nd out of 905 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

Credicorp has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Credicorp has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 12.81%

Earnings Growth

Earnings for Credicorp are expected to grow by 12.81% in the coming year, from $18.81 to $21.22 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Credicorp is 10.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.40.

Price to Earnings Ratio vs. Sector

The P/E ratio of Credicorp is 10.65, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.15.

Price to Earnings Growth Ratio

Credicorp has a PEG Ratio of 0.59. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Credicorp has a P/B Ratio of 1.61. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.64% of the float of Credicorp has been sold short.

Short Interest Ratio / Days to Cover

Credicorp has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Credicorp has recently decreased by 8.18%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Credicorp is a leading dividend payer. It pays a dividend yield of 5.16%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Credicorp does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Credicorp is 55.07%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Credicorp will have a dividend payout ratio of 43.73% next year. This indicates that Credicorp will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.64% of the float of Credicorp has been sold short.

Short Interest Ratio / Days to Cover

Credicorp has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Credicorp has recently decreased by 8.18%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.50

News Sentiment

Credicorp has a news sentiment score of 0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Credicorp this week, compared to 3 articles on an average week.

Search Interest

5 people have searched for BAP on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.

MarketBeat Follows

1 people have added Credicorp to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Credicorp insiders have not sold or bought any company stock.

Percentage Held by Insiders

15.90% of the stock of Credicorp is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

89.81% of the stock of Credicorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BAP Stock Analysis - Frequently Asked Questions

How have BAP shares performed this year?

Credicorp's stock was trading at $149.93 at the beginning of 2024. Since then, BAP stock has increased by 19.7% and is now trading at $179.40.
View the best growth stocks for 2024 here.

How were Credicorp's earnings last quarter?

Credicorp Ltd. (NYSE:BAP) announced its quarterly earnings data on Thursday, August, 8th. The bank reported $4.49 earnings per share for the quarter, missing analysts' consensus estimates of $4.64 by $0.15. The bank had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.32 billion. Credicorp had a net margin of 19.31% and a trailing twelve-month return on equity of 14.86%.

Who are Credicorp's major shareholders?

Credicorp's top institutional investors include Massachusetts Financial Services Co. MA (3.81%), Westwood Global Investments LLC (2.25%), Baillie Gifford & Co. and Pzena Investment Management LLC.
View institutional ownership trends.

How do I buy shares of Credicorp?

Shares of BAP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Credicorp own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Credicorp investors own include Tesla (TSLA), NVIDIA (NVDA), Lam Research (LRCX), Boeing (BA), Alibaba Group (BABA), Gilead Sciences (GILD) and Mastercard (MA).

Company Calendar

• Last Earnings: 8/08/2024
• Today: 9/23/2024
• Ex-Dividend for 10/18 Dividend: 9/23/2024
• Dividend Payable: 10/18/2024
• Next Earnings (Estimated): 11/07/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Commercial banks, not elsewhere classified
• Sub-Industry: N/A
• Current Symbol: NYSE:BAP
• CUSIP: N/A
• CIK: 1001290
• Web: www.credicorp.gcs-web.com
• Phone: (511) 313-2000
• Fax: 51-1-313-2121
• Employees: 37,074
• Year Founded: 1995

Price Target and Rating

• Average Stock Price Target: $181.73
• High Stock Price Target: $194.00
• Low Stock Price Target: $161.20
• Potential Upside/Downside: +1.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $16.85
• Trailing P/E Ratio: 10.65
• Forward P/E Ratio: 9.54
• P/E Growth: 0.59
• Net Income: $1.30 billion
• Net Margins: 19.31%
• Pretax Margin: 27.23%
• Return on Equity: 14.86%
• Return on Assets: 2.04%

Debt

• Debt-to-Equity Ratio: 0.54
• Current Ratio: 1.02
• Quick Ratio: 1.02

Sales & Book Value

• Annual Sales: $20.44 billion
• Price / Sales: 0.70
• Cash Flow: $19.27 per share
• Price / Cash Flow: 9.31
• Book Value: $111.31 per share
• Price / Book: 1.61

Miscellaneous

• Outstanding Shares: 79,530,000
• Free Float: N/A
• Market Cap: $14.27 billion
• Optionable: Optionable
• Beta: 1.14