Financial Performance Highlights - Credicorp achieved a robust ROE of 20.3% in 1Q25, or 18.4% excluding extraordinary income related to Empresas Banmedica acquisition[14, 112] - The innovation portfolio contributed 5.4% of risk-adjusted revenues in 1Q25, aiming for 10% by 2026[14, 114] - The efficiency ratio stood at 45.7% in 1Q25[14, 104] Key Financial Metrics - Risk-adjusted NIM was 5.24% in 1Q25, a 16 bps increase compared to 4Q24[14] - The NPL ratio improved to 5.1%, a decrease of 112 bps year-over-year[23] - The cost of risk decreased to 1.6%, a decrease of 66 bps year-over-year[23] Business Segment Performance - Universal Banking's ROE was 27.1% in 1Q25[44] - Yape generated 4.8% of Credicorp's risk-adjusted revenues in 1Q25, with over 14 million monthly active users (MAU)[55] - Mibanco Peru's ROE was 14.7% in 1Q25[62] Economic Context and Outlook - Peru's GDP grew approximately 4% year-over-year in 1Q25[26] - The company maintains its 2025 GDP growth guidance of around 3%[109] - The reference rate in Peru as of May 2025 was 4.50%[14]

Company Overview - Credicorp Ltd. is the leading financial services holding company in Peru, with operations in Chile, Colombia, Bolivia, and Panama [4] - The company has a diversified business portfolio organized into four lines: Universal Banking, Microfinance, Insurance & Pension Funds, and Investment Management & Advisory [4] Upcoming Earnings Release - Credicorp will release its 1Q25 Earnings Report on May 15, 2025, after market close [1] - A webcast/conference call to discuss the results will take place on May 16, 2025, at 10:30 a.m. ET [1] Conference Call Details - The call will be hosted by key executives including the CEO, CFO, and other senior management [1] - Participants are encouraged to pre-register for the webcast to gain immediate access [2] - Dial-in options are available for those unable to pre-register, with specific toll-free and international numbers provided [3] Regulatory Filings - Credicorp filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2024, with the SEC on April 25, 2025 [3] - The report includes audited consolidated financial statements for the years 2022, 2023, and 2024 under IFRS [3]

Core Insights - Credicorp (NYSE: BAP) is the holding company for BCP, which is the largest bank in Peru, maintaining a dominant market share and superior returns on equity over a long period [1] Company Overview - Credicorp operates BCP, the largest bank in Peru, which has sustained a dominant market position [1] - The company has demonstrated consistent superior returns on equity, indicating strong financial performance [1] Market Position - The dominant market share of BCP suggests that there is little indication of significant changes in its competitive position [1]

Core Points - Credicorp Ltd. has filed its Annual Report on Form 20-F for the year ended December 31, 2024, with the Securities and Exchange Commission [1] - The report includes audited consolidated financial statements for the years ended December 31, 2022, 2023, and 2024 under International Financial Reporting Standards (IFRS) [1] Company Overview - Credicorp Ltd. is the leading financial services holding company in Peru, with a diversified business portfolio organized into four primary lines: Universal Banking, Microfinance, Insurance and Pension Funds, and Investment Management and Advisory [3] - The company operates through various subsidiaries, including Banco de Crédito del Perú (BCP), Mibanco, Grupo Pacifico, and Credicorp Capital, and has a presence in Peru, Chile, Colombia, Bolivia, and Panama [3]

Core Points - Credicorp Ltd. declared a cash dividend of S/40.00 per share, totaling S/3,775,292,680.00, based on a net income of S/5,501,254,379.37 for the 2024 financial year [1][2] - The dividend will be paid on June 13, 2025, to shareholders of record on May 19, 2025, without withholding tax at source [1] - The cash dividend will be converted to US Dollars using the exchange rate published by the Peruvian Superintendency of Banks, Insurance and Pension Funds [2] Company Overview - Credicorp Ltd. is the leading financial services holding company in Peru, with a diversified business portfolio across Universal Banking, Microfinance, Insurance and Pension Funds, and Investment Management and Advisory [3] - The company operates through various subsidiaries, including Banco de Crédito del Perú, Mibanco, Grupo Pacifico, and Credicorp Capital, with a presence in Peru, Chile, Colombia, Bolivia, and Panama [3]

Group 1 - Credicorp Ltd. will enter a quiet period for its 1Q25 earnings release starting May 1, 2025, which will last until May 15, 2025 [1] - During the quiet period, the company will refrain from disclosing financial information, commenting on financial results, or responding to related inquiries [1] Group 2 - Credicorp is the leading financial services holding company in Peru, with operations in Chile, Colombia, Bolivia, and Panama [2] - The company has a diversified business portfolio organized into four main lines: Universal Banking, Microfinance, Insurance & Pension Funds, and Investment Management & Advisory [2]

Company Overview - Credicorp (BAP) shares increased by 4.8% to $178.02 in the last trading session, following a broader market rally influenced by President Trump's announcement of a 90-day tariff pause for non-retaliating nations [1] - The stock had previously experienced a 6.1% decline over the past four weeks, indicating a significant turnaround in investor sentiment [1] Earnings Expectations - Credicorp is projected to report quarterly earnings of $5.31 per share, reflecting a year-over-year increase of 4.9% [2] - Expected revenues for the upcoming report are $1.42 billion, which represents a 9.2% increase compared to the same quarter last year [2] Stock Performance and Trends - The consensus EPS estimate for Credicorp has remained unchanged over the last 30 days, suggesting that the stock's price movement may not sustain without trends in earnings estimate revisions [3] - Credicorp currently holds a Zacks Rank of 3 (Hold), indicating a neutral outlook [3] - In comparison, Bancolombia (CIB), another stock in the same industry, closed 8% higher at $38.98, although it has returned -12.7% over the past month [3] Industry Context - Credicorp operates within the Zacks Banks - Foreign industry, which is currently experiencing varied performance among its constituents [3] - Bancolombia's consensus EPS estimate has decreased by 1% over the past month to $1.62, representing a 10% decline compared to the previous year [4]

Group 1: Acquisition Details - Credicorp has completed the acquisition of the remaining 50% interest in the joint venture with Banmedica, which was initially established in December 2014 [1][2] - Following the acquisition, Banmedica's 50% interest in the private medical insurance business has been transferred to Pacifico Seguros, while its interest in Pacifico EPS has been transferred to Credicorp's subsidiary Grupo Crédito S.A. [3] Group 2: Strategic Implications - This acquisition enhances Credicorp's ability to create a more sustainable and inclusive economy by improving access to insurance and healthcare, while also advancing financial inclusion in Peru [4] - The company remains committed to investing in the country and the sector, ensuring that Pacifico Seguros and Pacifico EPS continue to be trusted partners for Peruvian families [4] Group 3: Operational Continuity - Customers, policyholders, agents, and other stakeholders can expect a seamless transition with no disruptions to services, product terms, or policy administration following the transaction [5] Group 4: Company Overview - Credicorp is the leading financial services holding company in Peru, with a diversified business portfolio organized into four lines: Universal Banking, Microfinance, Insurance & Pension Funds, and Investment Management & Advisory [6] - Pacifico EPS is one of the largest corporate health insurance providers in Peru, with over one million clients and a reported net income of S/ 207 million for 2024 [7] - Pacifico Seguros, part of Credicorp, reported a net income of S/ 770 million in 2024 and offers a wide range of insurance products [8]

Group 1 - Credicorp is recognized as one of the better-run banks in Latin America, particularly noted for its effective risk management practices [1] - The company has garnered a positive reputation among investors, indicating strong operational performance [1]

Exhibit 99.1 | | Operating and Financial Highlights | 03 | | --- | --- | --- | | | Senior Management Quotes | 05 | | | Fourth Quarter 2024 Earnings Conference Call | 06 | | | Summary of Financial Performance and Outlook | 07 | | Financial Overview | | 12 | | | Credicorp's Strategy Update | 13 | | | Analysis of 4Q24 Consolidated Results | | | 01 | Loan Portfolio | 17 | | 02 | Deposits | 20 | | 03 | Interest Earning Assets and Funding | 23 | | 04 | Net Interest Income (NII) | 24 | | 05 | Portfolio Quality and ...