Financial Data and Key Metrics Changes - The company closed the quarter with a 16.9% ROE and 19% for the full year, reflecting record high net income and diversification of revenue sources across various segments [16][45] - Net interest income increased by 4.2%, driven by loan portfolio growth and a contraction in interest expenses, resulting in a NIM of 6.6% [20][43] - The NPL ratio stood at 4.5%, indicating improved asset quality, while the cost of risk was 1.8% [19][42] Business Line Data and Key Metrics Changes - In Universal Banking, BCP reinforced its leadership in Peru, serving over 3.2 million loan clients and achieving a full-year ROE of 24.7% [9][25] - Microfinance, through Mibanco, delivered double-digit loan growth and improved profitability, with a NIM of 15.2% [10][34] - The insurance and pensions business, Grupo Pacífico, achieved a solid ROE of 21.4%, with net income rising 13% [36][37] Market Data and Key Metrics Changes - Peru's GDP grew around 3.5% in 2025, supported by strong domestic demand and high commodity prices [6][22] - In Colombia, GDP growth was around 2.7%, while inflation accelerated to 4.51% [8][24] - Chile's GDP also expanded around 2.7%, driven by investment, with inflation slightly above target [8] Company Strategy and Development Direction - The company aims to expand financial inclusion, deepen risk and capital discipline, scale AI and digital platforms, and build trust through operational excellence [13] - A strategic acquisition of Helm Bank for $180 million aims to enhance cross-border capabilities and strengthen the U.S. offering [14][15] - The company plans to continue investing in data transformation and disruptive initiatives to bolster long-term competitive positioning [47] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about Peru's economic stability and growth potential, expecting GDP growth around 3.5% in 2026 [22][46] - The company anticipates total loan growth of approximately 8.5% in 2026, driven primarily by retail banking [46] - Despite local political uncertainties, management believes the fundamentals are in place to support profitability levels [49] Other Important Information - Yape, the company's digital wallet, closed the year with nearly 16 million monthly active users, significantly contributing to revenue growth [12][31] - The company expects non-interest income growth to pick up in the low double digits in 2026, driven by increased activity and diversification efforts [47] Q&A Session Summary Question: Update on political outlook and upcoming elections - Management noted that López Aliaga is leading the polls with 12%, while Keiko Fujimori follows at 8%, with a significant portion of undecided voters [51][53] - The elections for Congress members will occur on April 12, 2026, which is expected to provide more political stability [56][57] Question: Expectations for operating expenses growth - Management indicated that operating expenses are expected to moderate compared to 2025, with a focus on achieving operational leverage from ongoing investments [60][62] Question: Yape's revenue contribution and cost of risk - Yape's lending now represents over 20% of revenue, with a shift towards multi-installment loans expected to maintain controlled provisioning levels [69][71]

Credicorp (NYSE:BAP) Q4 2025 Earnings call February 13, 2026 09:30 AM ET Company ParticipantsAlejandro Pérez-Reyes - CFOAndres Soto - Executive Director of LatAm Equity ResearchBrian Flores - VP of Equity ResearchCarlos Gomez - Head of LatAm Financial InstitutionsCésar Ríos - Chief Risk OfficerEduardo Montero - Head of Insurance and PensionsErnesto Gabilondo - Director of LatAm FinancialsGianfranco Ferrari - CEOMilagros Cigüeñas - Investor Relations OfficerTito Labarta - VPConference Call ParticipantsDaniel ...

Credicorp (NYSE:BAP) Q4 2025 Earnings call February 13, 2026 09:30 AM ET Speaker9Good morning, everyone. I would like to welcome you to the Credicorp Ltd. Fourth Quarter 2025 conference call. A slide presentation will accompany today's webcast, which is available in the Investors section of Credicorp's website. Today's conference call is being recorded. As a reminder, all participants will be in listen-only mode. There will be an opportunity for you to ask questions at the end of today's presentation. If yo ...

Safe Harbor 4Q25 Earnings Conference Call February 2026 This material includes "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934. All statements other than statements of historical fact are forward-looking and may contain information about financial results, economic conditions, trends and known uncertainties. Forward-looking statements are not assurances of future performance. Instead, they are based ...

分组1 - Credicorp reported quarterly earnings of $5.88 per share, missing the Zacks Consensus Estimate of $6.61 per share, but showing an increase from $3.76 per share a year ago, resulting in an earnings surprise of -11.00% [1] - The company posted revenues of $1.8 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 4.16%, compared to year-ago revenues of $1.41 billion [2] - Credicorp shares have increased approximately 19.8% since the beginning of the year, outperforming the S&P 500's gain of 1.4% [3] 分组2 - The current consensus EPS estimate for the coming quarter is $6.99 on revenues of $1.73 billion, and for the current fiscal year, it is $29.04 on revenues of $7.19 billion [7] - The Zacks Industry Rank for Banks - Foreign is currently in the top 12% of over 250 Zacks industries, indicating a favorable outlook for the industry [8] - Credicorp has a Zacks Rank of 2 (Buy), suggesting that the shares are expected to outperform the market in the near future [6]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Credicorp (BAP) - Credicorp currently holds a Momentum Style Score of A, indicating strong momentum characteristics [3] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned for potential outperformance in the market [4] Price Performance - Over the past week, Credicorp shares increased by 3.63%, outperforming the Zacks Banks - Foreign industry, which rose by 2% [6] - In a longer timeframe, the monthly price change for Credicorp is 17.3%, significantly higher than the industry's 4.66% [6] - Over the past quarter, shares of Credicorp have surged by 41.34%, and over the last year, they have gained 84.76%, while the S&P 500 only moved 0.3% and 13.4%, respectively [7] Trading Volume - The average 20-day trading volume for Credicorp is 516,184 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the last two months, two earnings estimates for Credicorp have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $25.33 to $25.69 [10] - For the next fiscal year, two estimates have also moved upwards, indicating positive sentiment regarding future earnings [10] Conclusion - Given the strong momentum indicators and positive earnings outlook, Credicorp is identified as a 2 (Buy) stock with a Momentum Score of A, making it a potential candidate for near-term investment [12]

Lima, Jan. 30, 2026 (GLOBE NEWSWIRE) -- Lima, PERU, January 30, 2026 – Credicorp Ltd. announces to its shareholders and the market that its 4Q25 Earnings Release will be published on Thursday, February 12, 2026, after market close. Credicorp’s webcast and conference call to discuss these results will be held on Friday, February 13, 2026, at 9:30 a.m. Lima, Peru time and 9:30 a.m. Eastern Time. The call will be hosted by the following Credicorp executives Gianfranco Ferrari, Chief Executive OfficerAlejandro ...

Core Viewpoint - Credicorp (BAP) has shown strong year-to-date performance, outperforming the average gains of the Finance sector, indicating a positive investment opportunity in the stock [1][4]. Group 1: Company Performance - Credicorp has achieved a year-to-date return of approximately 20%, surpassing the Finance sector's average gain of 17.1% [4]. - The Zacks Consensus Estimate for Credicorp's full-year earnings has increased by 9.4% over the past 90 days, reflecting improved analyst sentiment and a stronger earnings outlook [3]. - Credicorp currently holds a Zacks Rank of 2 (Buy), suggesting it is positioned well for potential outperformance in the near term [3]. Group 2: Industry Context - Credicorp is part of the Banks - Foreign industry, which consists of 66 companies and currently ranks 50 in the Zacks Industry Rank [5]. - The average gain for the Banks - Foreign industry has been 61.7% year-to-date, indicating that while Credicorp is performing well, it is slightly underperforming its industry peers [5]. - In comparison, Pathward Financial, another Finance stock, has returned 20.7% year-to-date and is part of the Banks - Northeast industry, which has gained 11% this year [4][6].

Group 1 - Credicorp Ltd. will enter a quiet period for its 4Q25 earnings release starting January 29, 2026, which will end on February 12, 2026 [1] - During the quiet period, the company will not disclose any financial information or respond to related inquiries [1] Group 2 - Credicorp is the leading financial services holding company in Peru, with operations in Chile, Colombia, Bolivia, Panama, and the United States [2] - The company has a diversified business portfolio organized into four lines of business: Universal Banking, Microfinance, Insurance & Pension Funds, and Investment Management & Advisory [2] - Credicorp also operates Krealo, its Corporate Venture Capital arm, to complement its business operations [2]

Company Overview - Credicorp (BAP) currently holds a Momentum Style Score of B, indicating potential for strong performance in the near term [3][12] - The company has a Zacks Rank of 2 (Buy), which is associated with a history of outperforming the market [4] Price Performance - Over the past week, shares of Credicorp have increased by 6.51%, while the Zacks Banks - Foreign industry has only risen by 1.38% [6] - In a longer time frame, the monthly price change for Credicorp is 13.13%, significantly outperforming the industry's 0.43% [6] - Over the past quarter, shares have surged by 25.58%, and over the last year, they have gained 78.89%, compared to the S&P 500's increases of 1.25% and 14.72%, respectively [7] Trading Volume - The average 20-day trading volume for Credicorp is 273,452 shares, which serves as a useful indicator of market interest [8] Earnings Outlook - In the last two months, two earnings estimates for Credicorp have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $25.07 to $25.63 [10] - For the next fiscal year, two estimates have also moved upwards, indicating positive sentiment regarding future earnings [10]