Credicorp is a well-run bank in Peru that has great potential for growth, thanks to innovative projects like Yape and Tenpo, along with effective risk management. In the fourth quarter of 2024, the bank reported positive results, with profits before provisions exceeding expectations by 7% and improvements in credit, even though there was a slight decline in net interest margins. Looking ahead to 2025, the bank aims for a 6% increase in loans, mid-teens growth in core operating profits, and ongoing investments in projects that could expand its market presence.
Credicorp Ltd. (NYSE:BAP) will hold its Q4 2024 Earnings Conference Call on February 11, 2025, at 9:30 AM ET. The call will feature company representatives including Milagros Ciguenas from Investor Relations, CEO Gianfranco Ferrari, CFO Alejandro Perez-Reyes, and Chief Risk Officer Cesar Rios. Participants from various financial institutions will also join the call, including representatives from Bank of America, Citibank, and Goldman Sachs.
Credicorp (BAP) lacks the right mix of two important factors that could lead to a strong earnings report in the near future. Be ready for the main expectations.
Investors looking at foreign bank stocks may have come across Credicorp (BAP) and National Australia Bank Ltd. (NABZY). The question is, which of these two stocks provides better value for money for investors at this time?
Lima, January 28, 2025 (GLOBE NEWSWIRE) – Credicorp Ltd. has informed its shareholders and the market that it will publish its 4Q24 Earnings Release Report on Monday, February 10, 2025, after the market closes.
Lima, January 20, 2025 (GLOBE NEWSWIRE) -- Credicorp (NYSE: BAP) has announced that it will enter a quiet period starting January 27th, ahead of its 4Q24 earnings release on February 10th. This quiet period is part of the company's policy to maintain fairness and prevent any leaks of financial information. During this time, Credicorp will not share any financial details or answer questions related to its results.
Investors interested in the Banks - Foreign sector may want to look at either Credicorp (BAP) or National Australia Bank Ltd. (NABZY). However, which of these two stocks is more appealing to value investors?
This is a comparison of how Credicorp (BAP) and Hut 8 (HUT) have done in relation to their industry this year.
Investors interested in foreign bank stocks may have come across Credicorp (BAP) and National Australia Bank Ltd. (NABZY). However, which of these two stocks is more appealing to value investors?
Lima, December 30, 2024 (GLOBE NEWSWIRE) – Credicorp Ltd. ("Credicorp"), the top financial services company in Peru with operations in Chile, Colombia, Bolivia, and Panama, has informed its clients that its subsidiary, Credicorp Capital S.A. Sociedad Administradora de Fondos, is offering to buy back all investments in the Credicorp Capital Factoring Dólares FMIV and Credicorp Capital Factoring Soles FMIV funds. These funds were affected by recent regulatory issues and claims of misconduct involving Sartor Administradora General de Fondos S.A., a fund manager in Chile.