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Credicorp Ltd.: Credicorp Corrects Certain Accumulated Ratios in 2Q24 Earnings Materials and Reaffirms 1H24 Financials and 2024 Guidance
GlobeNewswire News Room· 2024-08-13 21:28
Lima, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Lima, PERU, August 13, 2024 – Credicorp Ltd. (“Credicorp” or “the Company”) (NYSE: BAP | BVL: BAP) announces to its shareholders and the market, corrections to four ratios published in its 2Q24 Earnings Materials. These amendments are attributable to miscalculations on certain accumulated performance indicators. Below is a table including the reported and corrected indicators, presented on the Company´s 2Q24 Earnings Release. Performance IndicatorOriginally Reported ...
Credicorp (BAP): Key takeaways from 2Q24 conference call~ Lower 2024 loan growth guidance
Goldman Sachs· 2024-08-12 09:24
11 August 2024 | 10:08PM EDT 2131d4eaf4cb4d50b1d51c8af07b64b4 Credicorp (BAP): Key takeaways from 2Q24 conference call - Lower 2024 loan growth guidance 2024 ROE guidance of ~17% reaffirmed Management hosted its conference call post 2Q24 results and provided updated 2024 guidance. Credicorp revised 2024 loan growth guidance down to 1-3%, from 3-5%, given weaker loan growth in 1H24 and increased caution on asset quality. Indeed, the company now expects the upper range of its cost of risk guidance, largely du ...
Credicorp .(BAP) - 2024 Q2 - Earnings Call Transcript
2024-08-10 09:40
Credicorp Ltd. (NYSE:BAP) Q2 2024 Earnings Conference Call August 9, 2024 10:30 AM ET Company Participants Milagros Cigüeñas - Investor Relations Gianfranco Ferrari - Chief Executive Officer Alejandro Perez-Reyes - Chief Financial Officer Cesar Rios - Chief Risk Officer Francesca Raffo - Chief Innovation Officer Conference Call Participants Ernesto Gabilondo - Bank of America Renato Meloni - Autonomous Research Brian Flores - Citi Tito Labarta - Goldman Sachs Yuri Fernandes - JPMorgan Eric Ito - Bradesco BB ...
Credicorp .(BAP) - 2024 Q2 - Earnings Call Presentation
2024-08-10 05:28
C R E D I C � R P Earnings Conference Call August 2024 2Q24 Earnings Conference Call Safe Harbor 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 fu ...
Earnings Preview: Credicorp (BAP) Q2 Earnings Expected to Decline
ZACKS· 2024-08-01 15:06
Wall Street expects a year-over-year decline in earnings on higher revenues when Credicorp (BAP) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 8. On the o ...
BAP vs. HDB: Which Stock Should Value Investors Buy Now?
ZACKS· 2024-07-31 16:46
Investors with an interest in Banks - Foreign stocks have likely encountered both Credicorp (BAP) and HDFC Bank (HDB) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank favors stocks with strong earnings estimate r ...
Credicorp Ltd.: Credicorp's Earnings Release and Conference Call 2Q24
GlobeNewswire News Room· 2024-07-26 20:15
Lima, July 26, 2024 (GLOBE NEWSWIRE) -- Lima, PERU, July 26th, 2024 – Credicorp Ltd. announces to its shareholders and the market that its 2Q24 Earnings Release Report will be released on Thursday, August 8th, 2024, after market close. Credicorp’s Webcast / Conference Call to discuss such results; will be held on Friday, August 9th, 2024, at 10:30 a.m. ET (9:30 a.m. Lima, Peru time). The call will be hosted by: Gianfranco Ferrari – Chief Executive Officer, - Alejandro Perez Reyes - Chief Financial Officer, ...
Credicorp Ltd.: Credicorp's Earnings Release and Conference Call 2Q24
Newsfilter· 2024-07-26 20:15
Lima, July 26, 2024 (GLOBE NEWSWIRE) -- Lima, PERU, July 26th, 2024 – Credicorp Ltd. announces to its shareholders and the market that its 2Q24 Earnings Release Report will be released on Thursday, August 8th, 2024, after market close. Credicorp's Webcast / Conference Call to discuss such results; will be held on Friday, August 9th, 2024, at 10:30 a.m. ET (9:30 a.m. Lima, Peru time). The call will be hosted by: Gianfranco Ferrari – Chief Executive Officer, - Alejandro Perez Reyes - Chief Financial Officer, ...
Credicorp Ltd.: Credicorp's “2Q24 quiet period”
GlobeNewswire News Room· 2024-07-18 20:15
Lima, July 18, 2024 (GLOBE NEWSWIRE) -- Lima, PERU, July 18th, 2024 -- Credicorp (NYSE: BAP) announces that in accordance with its corporate disclosure policies and to prevent any leaks of financial results and ensure fairness, the Company will start the quiet period for 2Q24’s earnings release on July 25th. This period will end on the date of the release, August 8th. During the quiet period, the Company will not disclose any financial information, comment on financial results, or respond to related questio ...
Credicorp Ltd.: Credicorp's "2Q24 quiet period"
Newsfilter· 2024-07-18 20:15
Lima, July 18, 2024 (GLOBE NEWSWIRE) -- Lima, PERU, July 18th, 2024 -- Credicorp (NYSE:BAP) announces that in accordance with its corporate disclosure policies and to prevent any leaks of financial results and ensure fairness, the Company will start the quiet period for 2Q24's earnings release on July 25th. This period will end on the date of the release, August 8th. During the quiet period, the Company will not disclose any financial information, comment on financial results, or respond to related question ...