Credicorp Ltd. (BAP) Stock

About Credicorp Ltd.

Credicorp Ltd., together with its subsidiaries, provides various banking services and products in Peru, Bermuda, Colombia, Bolivia, Panama, Chile, the United States, the Cayman Islands, and Mexico. It operates through Universal Banking; Insurance, Medical Services, and Pensions; Microfinance; and Investment Management and Advisory segments. The company grants various credits and financial instruments to individuals and legal entities; and various deposits and current accounts. It also issues insurance policies to cover losses in commercial property, transport, marine vessels, automobiles, life, health, and pensions; provides medical and health services, as well as management services of private pension funds to the affiliates. In addition, the company is involved in the management of loans, credits, and deposits and checking accounts of the small and microenterprises; provision of brokerage service and investment management services to corporations, institutional investors, governments, and foundations; structuring and placement of issues in the primary market; execution and negotiation of transactions in the secondary market; structures securitization processes for corporate customers; and manages mutual funds. Further, it engages in the provision of custody, trustee, capital markets, asset management, and payment processing services; operates digital platform for e commerce; management and development of digital businesses; and acts as a private pension fund administrator. Credicorp Ltd. was founded in 1889 and is headquartered in Lima, Peru.

Credicorp Ltd. is led by CEO Gianfranco Piero Dario Ferrari de Las Casas, employs 38,758 people, headquartered in Lima, PE, publicly traded since 1995.

Credicorp Ltd. (BAP) stock trades at $391.57 with a market capitalization of $31.11B. The stock is valued at a price-to-earnings (P/E) ratio of 13.91, price-to-book of 2.50, price-to-sales of 3.40. Over the past 52 weeks the stock has ranged between $191.66 and $402.22, and currently trades 2.6% below its 52-week high. It pays a dividend yielding 3.98%.

On profitability, Credicorp Ltd. generates a return on equity (ROE) of 19.15%, above the typical market average, return on capital employed of 26.65%, an operating margin of 36.60%, a net profit margin of 25.03%.

In its most recent fiscal year, Credicorp Ltd. reported annual revenue of $28.9B, net profit of $6.9B, revenue has compounded at 9.7% a year over the last five years, profit at 82.0% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.81, a current ratio of 3.23, total assets of $267.3B, $43.3B in cash and equivalents.

BAP has an average daily trading volume of 456,877 shares, a beta of 0.86.

Official website: grupocredicorp.com