Credicorp Ltd. (BAP) - Stock Analysis
Last updated: Jan 19, 2026
Research Idea
Research content for general circulation. Not individualized advice. Methodology & Disclosures
Credicorp Ltd. exhibits multiple positive short-term signals including recent 8% price gain over 21 trading days, strong Q3 2025 loan growth and net interest margin expansion, solid profitability with net margin 30%, reaffirmed guidance, and supportive regional banking sector tailwinds, making it a compelling near-term growth idea.
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AI Analyst Overview
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Valuation Metrics
Fundamental Analysis
Key Financial Insights: ⢠High profitability ⢠Strong FCF ⢠Low asset turnover BAP delivers strong margins, robust free cash flow and a high ~6.2% dividend yield but is burdened by very low asset turnover, modest ROA/ROIC and substantial liabilities/leverage.
Price Behavior
Key Price Behavior Insights: ⢠Strong breakout ⢠Solid support ⢠Short-term risk Support Level: $290-$300 Resistance Level: $320 BAP staged a decisive breakout and strong uptrend last month from about $286 to $321, holding firm support near $290â$300 but susceptible to short-term pullbacks from overbought conditions.
Sentiment & News
Key News Insights: ⢠Record 52âweek high ⢠Strong earnings ⢠Helm Bank USA Credicorp (BAP) enters 2026 with strong momentumârecord 52-week highs, robust Q3-2025 results (18.7% profit growth), improved asset quality, digital-driven revenue diversification, and strategic Helm Bank USA expansion driving analyst upgrades and high insider/institutional ownership.
AI Summary
Credicorp (BAP) is shifting from a Peruâcentric credit play to a higherâmargin, feeâandâtransaction franchise driven by Yape/Tenpo monetization and crossâborder expansionâthis supports a premium valuation only if monetization is repeatable and asset quality remains stable amid higherâyield retail growth, otherwise rising NPLs or funding stress could quickly reverse the rerating.
Description
Credicorp Ltd. is a Peru-based financial holding that provides a range of banking, insurance, pension, microfinance and investment banking services domestically and abroad. Its operations include retail and commercial banking, insurance underwriting and private pension fund administration, small- and microenterprise lending, and capital markets and wealth management activities such as securities issuance, trading and fund management. The company was founded in 1889 and is headquartered in Lima, Peru.
Idea History
| Date | Close | Ticker | Company | Summary | Status | P/L |
|---|---|---|---|---|---|---|
| Jan 5 | Jan 12 | BAP | Credicorp Ltd. | Credicorp Ltd. exhibits multiple positive short-term signals including recent 8% price gain over 21 trading days, strong Q3 2025 loan growth and net interest margin expansion, solid profitability with net margin 30%, reaffirmed guidance, and supportive regional banking sector tailwinds, making it a compelling near-term growth idea. | Closed | +5.0% |