NYSE:BAP

Credicorp - BAP Stock Forecast, Price & News

$145.21

+0.61 (+0.42%)

(As of 12/8/2022 12:00 AM ET)

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Today's Range: $144.27
▼
$148.48
50-Day Range: $122.80
▼
$157.00
52-Week Range: $108.05
▼
$182.11

Volume: 414,689 shs
Average Volume: 410,763 shs
Market Capitalization: $11.55 billion

P/E Ratio: 9.69
Dividend Yield: 2.76%
Price Target: $151.50

Credicorp MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 4.3% Upside
$151.50 Price Target
Short Interest: Healthy
1.01% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.50
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 11.05%
From $15.20 to $16.88 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.60 out of 5 stars

Finance Sector

283rd out of 862 stocks

Commercial Banks, Not Elsewhere Classified Industry

13th out of 36 stocks

1.5

Analyst's Opinion

Consensus Rating
Credicorp has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $151.50, Credicorp has a forecasted upside of 4.3% from its current price of $145.21.
Amount of Analyst Coverage
Credicorp has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.01% of the float of Credicorp has been sold short.
Short Interest Ratio / Days to Cover
Credicorp has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Credicorp has recently decreased by 6.91%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Yield
Credicorp pays a meaningful dividend of 2.76%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Credicorp has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Credicorp is 26.62%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Credicorp will have a dividend payout ratio of 23.64% next year. This indicates that Credicorp will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BAP.

3.1

News and Social Media Coverage

News Sentiment
Credicorp has a news sentiment score of 0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Credicorp this week, compared to 2 articles on an average week.
Search Interest
2 people have searched for BAP on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
MarketBeat Follows
2 people have added Credicorp to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Credicorp insiders have not sold or bought any company stock.
Percentage Held by Insiders
15.90% of the stock of Credicorp is held by insiders. A high percentage of insider ownership can be a sign of company health.

3.8

Earnings and Valuation

Earnings Growth
Earnings for Credicorp are expected to grow by 11.05% in the coming year, from $15.20 to $16.88 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Credicorp is 9.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.07.
Price to Earnings Ratio vs. Sector
The P/E ratio of Credicorp is 9.69, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 176.39.
Price to Earnings Growth Ratio
Credicorp has a PEG Ratio of 0.45. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Credicorp has a P/B Ratio of 1.66. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Credicorp (NYSE:BAP) Stock

Credicorp Ltd., a financial service holding company, provides various financial, insurance, and health services and products primarily in Peru and internationally. The company's Universal Banking segment offers deposits and current accounts, and various credits and financial instruments to individuals and legal entities. Its Insurance and Pensions segment issues insurance policies to cover losses in commercial property, transportation, marine vessels, automobile, life, health, and pensions, as well as provides private pension fund management services. The company's Microfinance segment manages loans, credits, deposits, and current accounts of the small and microenterprises. Its Investment Banking and Wealth Management segment offers its services to corporations, institutional investors, governments, and foundations; engages in structuring and placement of issues in the primary market, as well as the execution and negotiation of operations in the secondary market; and structures securitization processes for corporate customers and manages mutual funds. The company was founded in 1889 and is headquartered in Lima, Peru.

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BAP Stock News Headlines

December 6, 2022 | finance.yahoo.com

What Makes Credicorp Ltd. (BAP) an Attractive Investment?

November 11, 2022 | finance.yahoo.com

Credicorp Third Quarter 2022 Earnings: Beats Expectations

November 9, 2022 | finance.yahoo.com

Is Credicorp (BAP) Stock Undervalued Right Now?

October 19, 2022 | businesswire.com

State Street Opens New Office in Chile to Support Continued Growth in Latin America - Business Wire

October 18, 2022 | finance.yahoo.com

Chile Debt Investors Eye Choppy Waters for When to Dive Back In - Yahoo Finance

October 17, 2022 | bloomberg.com

Chile Debt Investors Eye Choppy Waters for When to Dive Back In - Bloomberg

October 17, 2022 | finance.yahoo.com

Credicorp (NYSE:BAP) investors are sitting on a loss of 31% if they invested three years ago

October 13, 2022 | globenewswire.com

Credicorp Ltd.: Credicorp's “3Q22 quiet period” - GlobeNewswire

October 13, 2022 | investors.com

Credicorp Clears Technical Benchmark, Hitting 80-Plus RS Rating - Investor's Business Daily

October 7, 2022 | finance.yahoo.com

Analysts are Upgrading These 10 Stocks - Yahoo Finance

October 5, 2022 | benzinga.com

Credico Provides Six Must-Have Skills to Succeed at Customer Acquisition - Benzinga

September 26, 2022 | nasdaq.com

Noteworthy ETF Inflows: EEMV, BAP, BGNE, BVN - Nasdaq

September 22, 2022 | benzinga.com

Six Must-Have Skills to Succeed at Customer Acquisition - Benzinga

September 7, 2022 | thestreet.com

ACGL, BAP And TRV, 3 Financial Stocks Pushing The Sector Lower

September 4, 2022 | nasdaq.com

Validea Martin Zweig Strategy Daily Upgrade Report - 9/3/2022 - Nasdaq

September 2, 2022 | reuters.com

BAP.P - Credicorp Ltd. (USA) | Stock Price & Latest News | Reuters

August 25, 2022 | finance.yahoo.com

Edited Transcript of DVI_p.CN earnings conference call or presentation 24-Aug-22 1:00pm GMT - Yahoo Finance

August 24, 2022 | finance.yahoo.com

Edited Transcript of BBO.CN earnings conference call or presentation 23-Aug-22 2:00pm GMT - Yahoo Finance

August 23, 2022 | bbc.com

Direct sales: 'My dream job turned into a nightmare' - BBC

August 23, 2022 | seekingalpha.com

Credicorp Q2 Earnings: A Well-Run House In A Tricky Neighborhood (NYSE:BAP) - Seeking Alpha

August 22, 2022 | bloomberg.com

Taxes to Soar 200% for Rich Colombians in Bill Inspired by Thomas Piketty - Bloomberg

August 17, 2022 | finance.yahoo.com

Edited Transcript of IFS.N earnings conference call or presentation 16-Aug-22 2:00pm GMT - Yahoo Finance

August 15, 2022 | investing.com

Latin American Countries that Use e-Wallets the Most By DailyCoin - Investing.com

August 15, 2022 | seekingalpha.com

Credicorp Ltd. (BAP) CEO Gianfranco Ferrari on Q2 2022 Results - Earnings Call Transcript

August 13, 2022 | fool.com

Credicorp (BAP) Q2 2022 Earnings Call Transcript - The Motley Fool

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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BAP Company Calendar

Last Earnings: 11/07/2019
Today: 12/09/2022
Fiscal Year End: 12/31/2022
Next Earnings (Estimated): 2/06/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Commercial banks, not elsewhere classified
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:BAP
CUSIP: N/A
CIK: 1001290
Web: www.credicorp.gcs-web.com
Phone: (511) 313-2000
Fax: 51-1-313-2121
Employees: 36,358
Year Founded: 1995

Price Target and Rating

Average Stock Price Forecast: $151.50
High Stock Price Forecast: $161.00
Low Stock Price Forecast: $142.00
Forecasted Upside/Downside: +4.3%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $14.99
Trailing P/E Ratio: 9.69
Forward P/E Ratio: 9.55
P/E Growth: 0.45
Net Income: $923.39 million
Net Margins: 24.59%
Pretax Margin: N/A
Return on Equity: 17.15%
Return on Assets: 1.93%

Debt

Debt-to-Equity Ratio: 1.14
Current Ratio: 1.13
Quick Ratio: 1.13

Sales & Book Value

Annual Sales: $4.32 billion
Price / Sales: 2.67
Cash Flow: $13.52 per share
Price / Cash Flow: 10.74
Book Value: $87.32 per share
Price / Book: 1.66

Miscellaneous

Outstanding Shares: 79,533,000
Free Float: 66,887,000
Market Cap: $11.55 billion
Optionable: Optionable
Beta: 0.93

Key Executives

Mr. Luis Enrique Romero Belismelis (Age 61)
Exec. Chairman

Mr. Gianfranco Piero Dario Ferrari de Las Casas (Age 57)
Chief Exec. Officer

Mr. Cesar Rios Briceno
CFO & Head of Fin.

Mr. Alejandro Perez-Reyes
Chief Operating Officer

Mr. José Luis Muñoz Rivera
Head of Accounting

Mr. Eduardo Montero Dasso
Head of Investment Banking & Wealth Management

Ms. Milagros Cigüeñas
Head of Investor Relations

Ms. Barbara Falero
Chief Compliance & Ethics Officer

Mr. Guillermo Morales
Head of Legal & Deputy Gen. Sec.

Mr. Enzo Tolentino
Head of the Area of Continuous Auditing & Corp. Devel.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

BAP Stock - Frequently Asked Questions

Should I buy or sell Credicorp stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Credicorp in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" BAP shares.
View BAP analyst ratings or view top-rated stocks.
What is Credicorp's stock price forecast for 2023?: 2 Wall Street analysts have issued 12 month price objectives for Credicorp's stock. Their BAP share price forecasts range from $142.00 to $161.00. On average, they expect the company's share price to reach $151.50 in the next year. This suggests a possible upside of 4.3% from the stock's current price.
View analysts price targets for BAP or view top-rated stocks among Wall Street analysts.
How have BAP shares performed in 2022?: Credicorp's stock was trading at $122.07 on January 1st, 2022. Since then, BAP shares have increased by 19.0% and is now trading at $145.21.
View the best growth stocks for 2022 here.
Are investors shorting Credicorp?: Credicorp saw a decline in short interest in November. As of November 15th, there was short interest totaling 518,800 shares, a decline of 6.9% from the October 31st total of 557,300 shares. Based on an average daily trading volume, of 313,900 shares, the short-interest ratio is presently 1.7 days. Currently, 1.0% of the company's shares are short sold.
View Credicorp's Short Interest.
When is Credicorp's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, February 6th 2023.
View our BAP earnings forecast.
How were Credicorp's earnings last quarter?: Credicorp Ltd. (NYSE:BAP) released its quarterly earnings results on Thursday, November, 7th. The bank reported $4.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.25 by $0.16. The bank had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.07 billion. Credicorp had a trailing twelve-month return on equity of 17.15% and a net margin of 24.59%.
How often does Credicorp pay dividends? What is the dividend yield for Credicorp?: Credicorp declared an annual dividend on Wednesday, May 18th. Shareholders of record on Friday, May 20th will be given a dividend of $3.9382 per share on Friday, June 10th. This represents a dividend yield of 0.9%. The ex-dividend date is Thursday, May 19th.
Read our dividend analysis for BAP.

Is Credicorp a good dividend stock?: Credicorp (NYSE:BAP) pays an annual dividend of $3.99 per share and currently has a dividend yield of 2.76%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 26.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BAP will have a dividend payout ratio of 23.64% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BAP.
What other stocks do shareholders of Credicorp own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Credicorp investors own include Tesla (TSLA), NVIDIA (NVDA), Lam Research (LRCX), Boeing (BA), Alibaba Group (BABA), Gilead Sciences (GILD), Mastercard (MA), UnitedHealth Group (UNH), Visa (V) and Cisco Systems (CSCO).
What is Credicorp's stock symbol?: Credicorp trades on the New York Stock Exchange (NYSE) under the ticker symbol "BAP."
Who are Credicorp's major shareholders?: Credicorp's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.98%), Massachusetts Financial Services Co. MA (3.32%), Mondrian Investment Partners LTD (2.13%), Baillie Gifford & Co. (1.67%), Royal Bank of Canada (1.59%) and State Street Corp (1.42%).
View institutional ownership trends.
How do I buy shares of Credicorp?: Shares of BAP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Credicorp's stock price today?: One share of BAP stock can currently be purchased for approximately $145.21.
How much money does Credicorp make?: Credicorp (NYSE:BAP) has a market capitalization of $11.55 billion and generates $4.32 billion in revenue each year. The bank earns $923.39 million in net income (profit) each year or $14.99 on an earnings per share basis.
How many employees does Credicorp have?: The company employs 36,358 workers across the globe.
How can I contact Credicorp?: Credicorp's mailing address is Clarendon House 2 Church Street P.O. Box HM 666, Hamilton D0, HM CX. The official website for the company is www.credicorp.gcs-web.com. The bank can be reached via phone at (511) 313-2000, via email at ircredicorp@bcp.com, or via fax at 51-1-313-2121.

This page (NYSE:BAP) was last updated on 12/9/2022 by MarketBeat.com Staff

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