Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Credicorp, with a focus on how actual results compare to estimates impacting stock price [1][2] Earnings Expectations - Credicorp is expected to report quarterly earnings of $4.37 per share, reflecting a year-over-year increase of +56.1% [3] - Revenues are projected to be $1.38 billion, an increase of 8.2% from the previous year [3] Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a stable outlook from covering analysts [4] - A negative Earnings ESP of -1.33% suggests recent bearish sentiment among analysts regarding the company's earnings prospects [10][11] Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict earnings deviation from consensus estimates, with positive readings being more reliable [7][8] - Credicorp's current Zacks Rank is 2, which complicates the prediction of an earnings beat despite the negative Earnings ESP [11] Historical Performance - In the last reported quarter, Credicorp exceeded expectations by delivering earnings of $5.08 per share against an expected $4.67, resulting in a surprise of +8.78% [12] - Over the past four quarters, the company has beaten consensus EPS estimates two times [13] Conclusion - While Credicorp does not appear to be a strong candidate for an earnings beat, investors should consider other factors before making investment decisions [16]

Group 1 - Credicorp Ltd. will release its 4Q24 Earnings Report on February 10, 2025, after market close [1] - A conference call to discuss the earnings results will take place on February 11, 2025, at 9:30 a.m. ET [1] - The call will be hosted by key executives including the CEO, CFO, and heads of various divisions [1] Group 2 - Participants are encouraged to pre-register for the webcast presentation to gain immediate access [2] - Those unable to pre-register can dial in using provided toll-free and international numbers [3] - The webcast will be archived for one year on the investor relations website [3] Group 3 - Credicorp Ltd. is the leading financial services holding company in Peru, with a diversified portfolio across four primary business lines [4] - The company operates in multiple countries including Peru, Chile, Colombia, Bolivia, and Panama [4] - Its business lines include Universal Banking, Microfinance, Insurance and Pension Funds, and Investment Management and Advisory [4]

Group 1 - Credicorp Ltd. will release its 4Q24 Earnings Report on February 10, 2025, after market close [1] - A conference call to discuss the earnings results will take place on February 11, 2025, at 9:30 a.m. ET [1] - The call will be hosted by key executives including the CEO, CFO, and heads of various divisions [1] Group 2 - Participants are encouraged to pre-register for the webcast presentation to gain immediate access [2] - Those unable to pre-register can dial in using provided toll-free and international numbers [3] - The webcast will be archived for one year on the investor relations website [3] Group 3 - Credicorp Ltd. is the leading financial services holding company in Peru, with a diversified portfolio across four primary business lines [4] - The company operates in multiple countries including Peru, Chile, Colombia, Bolivia, and Panama [4]

Core Viewpoint - Credicorp is entering a quiet period ahead of its 4Q24 earnings release, which will last from January 27th to February 10th, 2025, during which no financial information will be disclosed [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 [2] - The company operates through various subsidiaries, including Banco de Crédito del Perú, Banco de Crédito de Bolivia, Mibanco, Grupo Pacifico, Prima AFP, Credicorp Capital, and ASB Bank Corp [2] - Credicorp has a presence in multiple countries, including Peru, Chile, Colombia, Bolivia, and Panama [2]

Group 1 - Credicorp will enter a quiet period for its 4Q24 earnings release starting January 27th, 2025, which will end on February 10th, 2025 [1] - During the quiet period, the company will not disclose any financial information or respond to related inquiries [1] Group 2 - Credicorp Ltd. is the leading financial services holding company in Peru, with a diversified business portfolio across four primary lines: Universal Banking, Microfinance, Insurance and Pension Funds, and Investment Management and Advisory [2] - The company operates through various subsidiaries, including Banco de Crédito del Perú, Banco de Crédito de Bolivia, Mibanco, Grupo Pacifico, Prima AFP, Credicorp Capital, and ASB Bank Corp [2] - Credicorp has a presence in multiple countries, including Peru, Chile, Colombia, Bolivia, and Panama [2]

Core Insights - Investors in the Banks - Foreign sector may consider Credicorp (BAP) or National Australia Bank Ltd. (NABZY) for potential value opportunities [1] Valuation Metrics - Credicorp (BAP) has a Zacks Rank of 2 (Buy), indicating a positive earnings outlook, while National Australia Bank Ltd. (NABZY) has a Zacks Rank of 4 (Sell) [3] - BAP's forward P/E ratio is 8.57, significantly lower than NABZY's forward P/E of 15.78, suggesting BAP may be undervalued [5] - BAP has a PEG ratio of 0.50, while NABZY's PEG ratio is 4.06, indicating BAP's expected earnings growth is more favorable [5] - BAP's P/B ratio is 1.69 compared to NABZY's P/B of 1.79, further supporting BAP's valuation attractiveness [6] - Based on these metrics, BAP holds a Value grade of B, while NABZY has a Value grade of C, making BAP a more appealing option for value investors [6]

Core Viewpoint - Credicorp Ltd. is taking proactive measures to address the impact of regulatory actions and alleged misconduct at Sartor Administradora General de Fondos S.A. by offering to purchase 100% of the value of investments in affected funds, ensuring clients are not burdened by the liquidation process [8][10]. Group 1: Company Actions - Credicorp Capital will execute participation transfer agreements through its affiliate Atlantic Security Holding Corporation (ASHC), covering up to US$125.3 million in investment value [3]. - The company has committed to acquiring the value of investment units from its clients within 45 days to mitigate uncertainty stemming from the liquidation of Sartor-managed funds [6]. - Following a complaint by Credicorp Capital, the Chilean Financial Market Commission (CMF) revoked Sartor's authorization to operate and ordered the liquidation of all funds under Sartor's management [10]. Group 2: Fund Details - The affected funds include the Credicorp Capital Factoring Dólares FMIV and Credicorp Capital Factoring Soles FMIV, which had exposure to assets managed by Sartor [8]. - The CMF's recent actions included the suspension of contributions, redemptions, and payments for all funds managed by Sartor, impacting Credicorp's clients [10]. Group 3: Company Overview - Credicorp Ltd. is the leading financial services holding company in Peru, with a diversified portfolio across Universal Banking, Microfinance, Insurance and Pension Funds, and Investment Management and Advisory [9]. - The company has a presence in multiple countries, including Peru, Chile, Colombia, Bolivia, and Panama [9].

Lima, Dec. 30, 2024 (GLOBE NEWSWIRE) -- LIMA, PERU, December 30, 2024 – Credicorp Ltd. (“Credicorp”) (NYSE: BAP | BVL: BAP), the leading financial services holding company in Peru with a presence in Chile, Colombia, Bolivia, and Panama, announced today that its subsidiary Credicorp Capital S.A. Sociedad Administradora de Fondos (“Credicorp Capital”), has notified its clients that it has offered to purchase 100% of the value of investments in the Credicorp Capital Factoring Dólares FMIV and Credicorp Capital ...

Core Viewpoint - The article compares Credicorp (BAP) and National Australia Bank Ltd. (NABZY) to determine which stock presents a better undervalued investment opportunity for investors [1]. Group 1: Company Rankings and Performance - Credicorp has a Zacks Rank of 2 (Buy), indicating a stronger earnings outlook compared to National Australia Bank Ltd., which has a Zacks Rank of 4 (Sell) [3]. - BAP has seen a stronger improvement in its earnings outlook than NABZY recently, making it more appealing to investors [3]. Group 2: Valuation Metrics - BAP has a forward P/E ratio of 9.93, significantly lower than NABZY's forward P/E of 16.07, suggesting BAP may be undervalued [5]. - The PEG ratio for BAP is 0.65, while NABZY's PEG ratio is much higher at 4.13, indicating BAP's expected earnings growth is more favorable [5]. - BAP's P/B ratio stands at 1.71, compared to NABZY's P/B ratio of 1.78, further supporting BAP's valuation attractiveness [6]. Group 3: Value Grades - BAP has a Value grade of B, while NABZY has a Value grade of C, indicating that BAP is perceived as a better value investment at this time [7].

For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Credicorp (BAP) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.Credicorp is a member of our Finance group, which includes 871 different companies and currently sits at #1 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, ...