Credicorp Ltd. (BAP) - Stock Analysis

Last updated: Sep 6, 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.

Loading chart data...

Idea window: 1/5/2026 – 1/12/2026Sector: Financial Services

AI Analyst Overview

Last Price
$377.90
Market Cap
$30.02B
1D Return
-0.41%
YTD Return
+37.99%

Loading chart data...

Valuation Metrics

P/E
13.7
P/B
2.6
P/S
3.4
EV/EBITDA
12.1
Div Yield
3.87%

Fundamental Analysis

7.0

Key Financial Insights: • Strong Cash Flow • High Leverage • Discounted Book Value BAP shows strong margins, cash generation, and below-book valuation, but investors should weigh its deposit-funded leverage and limited earnings transparency.

Value
Leverage

Price Behavior

5.0

Key Price Behavior Insights: • Rebound underway • Resistance unbroken • Support nearby Support Level: $372–$377 Resistance Level: $383–$387 BAP is rebounding above its short-term average but needs a sustained break above $383–$387 to confirm bullish momentum; otherwise, watch $372–$377 support.

Cautious
BreakoutWatch

Sentiment & News

7.0

Key News Insights: • Raised ROE Outlook • Institutional Buying • Dividend Appeal Credicorp's strong Q2 profitability, raised ROE outlook, institutional buying, and dividend appeal support a positive investor outlook ahead of its November strategic update.

StrongEarnings
StrategicUpdate
AI

AI Summary

6.0
Neutral

BAP is now an execution-driven high-ROE story rather than a simple valuation recovery play—consider exposure only if its ~20–22% ROE and ~12% loan growth remain intact despite El Niño provisioning and Peru political risk, as current pricing leaves limited room for credit-cost disappointment.

ROEExpansion
CreditRisk
PeruOutlook
AI summary updated 5 days ago

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

DateCloseTickerCompanySummaryStatusP/L
Jan 5Jan 12BAPCredicorp 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%
Research content for educational purposes only. Not investment advice. All decisions are your responsibility.