Credicorp: Stay Upbeat On Peru's Premier Financial Group [Seeking Alpha]
Credicorp Ltd. (BAP)
Last credicorp ltd. earnings: 2/6 04:00 pm
Check Earnings Report
US:NYSE Investor Relations:
credicorp.gcs-web.com/investor-overview
Company Research
Source: Seeking Alpha
Relative to the growth and income on offer, the stock seems very reasonably priced. Peruvian banks might operate in one of the smaller Latin American credit markets, but they more than compensate with superior profitability. The key reason being the outsized market concentration, led by Credicorp ( NYSE: BAP ) and its two banking subsidiaries, Banco de Crédito del Perú (or ‘BCP') and Mibanco. Importantly for investors, Credicorp has translated this leadership into one of the best returns on equity profiles in LatAm - one that has sustained through the country's volatile political cycles and currency swings. Having been (rightly) bullish on the stock through last year's volatility (see prior coverage here here , and here ), Credicorp's strong start to 2024 indicates its earnings runway remains as compelling as it's ever been. This applies not only in core Peruvian banking (20-25% ROEs) but also in its insurance arm, Grupo Pacifico (near 30% ROEs), and its fast-growing digital unit
Show less
Read more
Impact Snapshot
Event Time:
BAP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BAP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BAP alerts
High impacting Credicorp Ltd. news events
Weekly update
A roundup of the hottest topics
BAP
News
- BAP vs. SWDBY: Which Stock Is the Better Value Option? [Yahoo! Finance]Yahoo! Finance
- Should Value Investors Buy Credicorp (BAP) Stock? [Yahoo! Finance]Yahoo! Finance
- BAP vs. DBSDY: Which Stock Should Value Investors Buy Now? [Yahoo! Finance]Yahoo! Finance
- Chile Central Bank Slows Easing Pace and Says Further Interest Rate Cuts are Coming [Yahoo! Finance]Yahoo! Finance
- Chile Central Bank Slows Easing Pace and Says Further Interest Rate Cuts are Coming [BNN Bloomberg (Canada)]BNN Bloomberg
BAP
Earnings
- 5/10/24 - Beat
BAP
Sec Filings
- 6/24/24 - Form 6-K
- 6/13/24 - Form 6-K
- 5/14/24 - Form 6-K
- BAP's page on the SEC website