Credicorp (BAP) Projected to Post Quarterly Earnings on Thursday

Credicorp (NYSE:BAP) is expected to issue its Q1 2025 quarterly earnings data after the market closes on Thursday, May 15th. Analysts expect Credicorp to post earnings of $5.31 per share and revenue of $1.51 billion for the quarter.

Credicorp (NYSE:BAP) last issued its quarterly earnings results on Monday, February 10th. The bank reported $3.76 earnings per share for the quarter, missing analysts’ consensus estimates of $4.42 by ($0.66). Credicorp had a return on equity of 16.25% and a net margin of 20.94%. On average, analysts expect Credicorp to post $22 EPS for the current fiscal year and $24 EPS for the next fiscal year.

Credicorp Stock Up 1.4%

Shares of Credicorp stock opened at $206.06 on Wednesday. The company has a market cap of $16.39 billion, a P/E ratio of 11.21, a PEG ratio of 0.56 and a beta of 1.00. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.07 and a current ratio of 1.02. Credicorp has a one year low of $153.27 and a one year high of $208.18. The firm has a fifty day moving average of $189.73 and a two-hundred day moving average of $187.24.

Credicorp Increases Dividend

The business also recently declared an annual dividend, which will be paid on Friday, June 13th. Stockholders of record on Monday, May 19th will be issued a $10.9577 dividend. This represents a dividend yield of 4.5%. The ex-dividend date is Monday, May 19th. This is an increase from Credicorp’s previous annual dividend of $2.91. Credicorp’s dividend payout ratio (DPR) is currently 59.22%.

About Credicorp

Credicorp Ltd. provides various financial, insurance, and health services and products primarily in Peru and internationally. It operates through Universal Banking, Insurance and Pensions, Microfinance, and Investment Banking and Equity Management segments. The Universal Banking segment grants various credits and financial instruments to individuals and legal entities; and various deposits and current accounts.