Credicorp .(BAP)

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Credicorp Ltd: Credicorp’s 2025 Quarterly Earnings Releases
GlobeNewswire Inc.· 2024-12-12 21:52
Group 1 - Credicorp Ltd. has announced the schedule for its 2025 Quarterly Earnings Releases, which will be available on its website [1] - The dates for the Earnings Release Reports are as follows: 1Q25 on May 15, 2025; 2Q25 on August 14, 2025; 3Q25 on November 13, 2025; and 4Q25 on February 12, 2026 [1] - Conference Call details will be provided 15 calendar days prior to each Earnings Release [1] Group 2 - Credicorp Ltd. is the leading financial services holding company in Peru, with operations in Chile, Colombia, and Bolivia [2] - The company has a diversified business portfolio organized into four lines: Universal Banking, Microfinance, Insurance & Pension Funds, and Investment Management & Advisory [2]
BAP or NU: Which Is the Better Value Stock Right Now?
ZACKS· 2024-11-29 17:46
Core Viewpoint - The analysis compares two financial institutions, Credicorp (BAP) and Nu Holdings Ltd. (NU), to determine which stock presents a better value opportunity for investors seeking undervalued stocks [1]. Valuation Metrics - Credicorp (BAP) has a Zacks Rank of 2 (Buy), indicating a more favorable earnings estimate revision activity compared to Nu Holdings Ltd. (NU), which has a Zacks Rank of 3 (Hold) [3]. - BAP's forward P/E ratio is 10.01, significantly lower than NU's forward P/E of 32.80, suggesting that BAP may be undervalued relative to NU [5]. - The PEG ratio for BAP is 0.65, while NU's PEG ratio is 0.66, indicating similar expected earnings growth rates but a more attractive valuation for BAP [5]. - BAP has a P/B ratio of 1.72, which is much lower than NU's P/B ratio of 8.44, further supporting the argument that BAP is undervalued [6]. Investment Grades - Based on various valuation metrics, BAP holds a Value grade of B, while NU has a Value grade of D, highlighting BAP's superior valuation profile [7].
Credicorp: New Growth Engines Emerge
Seeking Alpha· 2024-11-27 08:46
Peru may not be the fastest-growing credit market in Latin America, but as I've stressed before (see Credicorp: Stay Upbeat On Peru's Premier Financial Group ), its highly concentrated banking system is among the region's most profitable. Credicorp (Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not recei ...
3 Top-Performing U.S.-Traded Emerging Market Stocks in 2024
MarketBeat· 2024-11-25 12:01
Core Insights - Emerging market stocks present opportunities for investors due to their inefficiencies compared to developed markets, allowing for potential mispricing and undervalued companies [1][2] Group 1: Emerging Market Overview - Investing in emerging markets is challenging due to cultural differences, financial reporting standards, and geopolitical uncertainties [2] - Understanding global trends can aid investors in identifying businesses that meet demand in emerging markets [2] Group 2: Company Highlights - **Nu (NYSE: NU)**: A Brazilian fintech company that has provided over 60% return in 2024, operating entirely online with services including banking, credit cards, and investments [3][4] - Nu's customer base grew from 3 million in 2017 to 110 million by Q3 2024, with revenue growth exceeding 100% in 2022 and 2023, though it has decelerated to 56% in Q3 2024 [4][5] - **Qufi Technology (NASDAQ: QFIN)**: A Chinese consumer finance firm that has seen a total return of 135% in 2024, with a 3.3% dividend yield [6][8] - Qufi's revenue growth has slowed to 2% in Q3 2024, but adjusted net income increased by 55% year-over-year [8][9] - **Credicorp (NYSE: BAP)**: A diversified financial services firm in Peru, providing a total return of 42% in 2024, with a significant dividend yield of 17% [10][11] - Credicorp's net income grew over 21% in Q3 2024, with potential for growth in digital finance as cash transactions remain prevalent in Peru [11][12]
BAP vs. IBN: Which Stock Is the Better Value Option?
ZACKS· 2024-11-12 17:45
Investors interested in Banks - Foreign stocks are likely familiar with Credicorp (BAP) and ICICI Bank Limited (IBN) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to 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 esti ...
Credicorp .(BAP) - 2024 Q3 - Quarterly Report
2024-11-12 11:18
Exhibit 99.1 | Earnings Release 3Q / 24 Analysis of 3Q24 Consolidated Results Table of Contents | Operating and Financial Highlights | 02 | | | --- | --- | --- | | Senior Management Quotes | 03 | | | Third Quarter 2024 Earnings Conference Call | 04 | | | Summary of Financial Performance and Outlook | 05 | | | Financial Overview | 10 | | | Credicorp's Strategy Update | 11 | | | Analysis of 3Q24 Consolidated Results | | | | 01 | Loan Portfolio | 16 | | 02 | Deposits | 19 | | 03 | Interest Earning Assets and F ...
Credicorp .(BAP) - 2024 Q3 - Earnings Call Transcript
2024-11-09 00:27
Credicorp Ltd. (NYSE:BAP) Q3 2024 Results Conference Call November 8, 2024 9:30 AM ET Company Participants Milagros Cigüeñas - Investor Relations Gianfranco Ferrari - Chief Executive Officer Alejandro Perez-Reyes - Chief Financial Officer Francesca Raffo - Chief Innovation Officer Cesar Rios - Chief Risk Officer Carlos Sotelo - Mibanco's Chief Financial Officer Conference Call Participants Ernesto Gabilondo - Bank of America Renato Meloni - Autonomous Research Tito Labarta - Goldman Sachs Thiago Batista - U ...
Credicorp Ltd.: Credicorp Ltd.
GlobeNewswire News Room· 2024-11-01 11:30
Lima, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Lima, PERU, November 1st, 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 it has reached an agreement to acquire Empresas Banmédica (“Banmedica”)'s 50% interest in the joint venture executed in December 2014 between Pacífico Compañía de Seguros y Reaseguros S.A. (“Pacifico Seguros”) and Banmedica. Closing is subject to regula ...
Credicorp Ltd.: Credicorp's Earnings Release and Conference Call 3Q24
GlobeNewswire News Room· 2024-10-25 20:15
Lima, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Lima, PERU, October 25th, 2024 – Credicorp Ltd. announces to its shareholders and the market that its 3Q24 Earnings Release Report will be released on Thursday, November 7th, 2024, after market close. Credicorp's Webcast / Conference Call to discuss such results; will be held on Friday, November 8th, 2024, at 9:30 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 Off ...
Credicorp (BAP) is a Top Dividend Stock Right Now: Should You Buy?
ZACKS· 2024-10-24 16:45
Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investo ...