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Credicorp Ltd

Financial Services US BAP

186.39USD
6.35(3.53%)

Last update at 2025-01-14T18:57:00Z

Day Range

179.32188.62
LowHigh

52 Week Range

121.83200.00
LowHigh

Fundamentals

  • Previous Close 180.04
  • Market Cap15162.36M
  • Volume182556
  • P/E Ratio11.11
  • Dividend Yield4.88%
  • Revenue TTM17358.17M
  • Revenue Per Share TTM218.44
  • Gross Profit TTM 15338.20M
  • Diluted EPS TTM17.18

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 6855.89M 5332.82M 224.16M 5975.41M 5592.21M
Minority interest -112.29200M -87.24700M 499.78M 508.35M 426.83M
Net income 4633.10M 3584.58M 346.89M 4265.30M 3983.86M
Selling general administrative 6036.98M 5766.95M 4736.75M 4884.78M 4754.97M
Selling and marketing expenses 653.43M 486.88M - 374.68M -
Gross profit 17343.20M 14434.09M 13600.67M 14822.99M 13487.05M
Reconciled depreciation 683.50M 683.25M 676.93M 639.07M 436.53M
Ebit 10229.68M 5245.57M 236.92M 5888.38M 8538.30M
Ebitda 10920.29M 5935.75M 913.85M 6527.45M 8974.83M
Depreciation and amortization 690.61M 690.18M 676.93M 639.07M 436.53M
Non operating income net other - - - 0.00000M 0.00000M
Operating income 10229.68M 5245.57M 236.92M 5888.38M 8538.30M
Other operating expenses -7113.51900M -9188.52500M -13363.74900M -8934.60700M 4948.74M
Interest expense 3493.19M 2488.43M 2976.31M 3290.87M 3033.53M
Tax provision 2110.50M 1660.99M -109.97700M 1623.08M 1520.91M
Interest income 14982.06M 11809.77M 11522.05M 12356.41M 11498.24M
Net interest income 11488.87M 9361.98M 8545.74M 9090.80M 8489.10M
Extraordinary items - - - 0.00000M 0.00000M
Non recurring - - - 0.00000M 0.00000M
Other items - - - 0.00000M 0.00000M
Income tax expense 2110.50M 1660.99M -109.97700M 1623.08M 1520.91M
Total revenue 17343.20M 14434.09M 13600.67M 14822.99M 13487.05M
Total operating expenses -7113.51900M -9188.52500M -13363.74900M -8934.60700M -4948.74200M
Cost of revenue - - - 318.71M 301.89M
Total other income expense net -3373.78800M 87.25M -12.75600M 87.03M -2946.08900M
Discontinued operations - - - 0.00000M 0.00000M
Net income from continuing ops 4745.39M 3671.83M 334.14M 4352.33M 4071.30M
Net income applicable to common shares 4633.10M 3584.58M 346.89M 4265.30M 3983.86M
Preferred stock and other adjustments - - - 0.00000M 0.00000M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 238840.19M 236753.61M 244821.98M 237406.16M 187876.69M
Intangible assets 2427.02M 2127.22M 1913.22M 1818.40M 1666.27M
Earning assets - - 55988.73M 62401.71M 42132.07M
Other current assets 348.58M 29795.09M 113432.18M 95558.43M 96567.84M
Total liab 205733.12M 207173.90M 217784.55M 211960.52M 161130.38M
Total stockholder equity 32460.00M 28988.14M 26496.77M 24945.87M 26237.96M
Deferred long term liab - 1038.31M 1033.49M 1129.70M 1169.04M
Other current liab 1403.02M -2845.40300M -3454.36200M -2265.24100M -2378.12200M
Common stock 1318.99M 1318.99M 1318.99M 1318.99M 1318.99M
Capital stock 1318.99M 1318.99M 1318.99M 1318.99M 1318.99M
Retained earnings 4572.44M 4635.60M 3556.28M 347.15M 4374.94M
Other liab - 13712.64M 20280.07M 13309.58M 11380.13M
Good will 798.48M 772.21M 796.86M 820.90M 886.01M
Other assets -119955.98000M 118112.43M 106708.87M 89236.02M 84481.36M
Cash 33850.27M 34111.53M 39292.20M 36732.25M 25959.44M
Cash and equivalents - - - - -
Total current liabilities 6147.89M 1482.95M 3454.36M 2265.24M 2378.12M
Current deferred revenue - - - - -
Net debt -7092.34900M -8100.69800M -14480.38500M -13823.23400M -1504.35400M
Short term debt - 578.07M - 3023.94M 0.00000M
Short long term debt - - - - 10531.60M
Short long term debt total 26757.92M 26010.83M 24811.81M 22909.02M 24455.09M
Other stockholder equity 26568.57M 23683.66M 21385.59M 21413.83M 19455.84M
Property plant equipment - 2373.49M 1895.20M 2077.80M 2250.01M
Total current assets 79470.58M 66989.80M 87028.43M 90483.99M 63683.52M
Long term investments 47234.54M 46927.02M 50585.86M 56642.90M 31621.92M
Net tangible assets - 26088.71M 23786.69M 22306.57M 23705.87M
Short term investments 32774.08M 29678.06M 34440.09M 42746.06M 26202.72M
Net receivables 12497.65M 11988.98M 13296.14M 11005.68M 11521.35M
Long term debt 26245.34M 25944.60M 24195.85M 22297.66M 23583.10M
Inventory 348.58M 136.08M 136.12M 135.09M 143.35M
Accounts payable 4017.82M 3750.28M 3454.36M 2265.24M 2378.12M
Total permanent equity - - - - 0.00000M
Noncontrolling interest in consolidated entity - - - - 0.00000M
Temporary equity redeemable noncontrolling interests - - - - 0.00000M
Accumulated other comprehensive income 26548.36M -650.11600M 235.90M 1865.90M 1088.19M
Additional paid in capital - - - - 0.00000M
Common stock total equity - - - 1318.99M 1318.99M
Preferred stock total equity - - - - 0.00000M
Retained earnings total equity - - - - 0.00000M
Treasury stock - - -207.53400M -208.43300M -207.83900M
Accumulated amortization - - - - 0.00000M
Non currrent assets other -52418.19300M 3445.32M -51084.68400M -57686.15400M -39711.81500M
Deferred long term asset charges - - - - 0.00000M
Non current assets total 279325.59M 51651.38M 51084.68M 57686.15M 39711.82M
Capital lease obligations 512.58M 578.07M 655.29M 750.58M 847.50M
Long term debt total - 25868.43M 24195.85M 22845.63M 23583.10M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -1094.96500M -3087.06600M -1873.35600M 726.21M -234.08600M
Change to liabilities 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Total cashflows from investing activities 1817.66M -3727.71100M -1873.35600M 726.21M -59.34300M
Net borrowings -251.22900M 28.02M 520.85M -1124.85000M -1124.85000M
Total cash from financing activities -1600.81500M -465.29600M -2088.46000M -3551.80500M -1400.31200M
Change to operating activities -9700.52300M -12886.74300M -592.58200M -7094.19900M -11405.59000M
Net income 4745.39M 3671.83M 334.14M 4352.33M 4071.30M
Change in cash -5172.58300M 2559.78M 10759.73M 3813.24M -1051.39400M
Begin period cash flow 39293.54M 36733.77M 25974.04M 22160.80M 23212.20M
End period cash flow 34120.96M 39293.54M 36733.77M 25974.04M 22160.80M
Total cash from operating activities -1134.87700M 3972.99M 12686.82M 6933.71M -121.96200M
Issuance of capital stock 9.95M 3.75M - - -
Depreciation 690.61M 690.18M 676.93M 639.07M 436.53M
Other cashflows from investing activities 2011.56M 4215.82M -21190.85500M 1232.94M 541.90M
Dividends paid -1196.42200M -398.80800M -2392.84400M -2233.32100M 1130.43M
Change to inventory - - - 0.00000M 0.00000M
Change to account receivables - - - 0.00000M 0.00000M
Sale purchase of stock -83.60500M -58.90700M -151.89900M -103.22500M -95.41300M
Other cashflows from financing activities -174.20800M 143.81M -32.27300M -52.97100M -174.47200M
Change to netincome 2178.12M 1845.89M 4500.63M 1117.90M 1457.08M
Capital expenditures 896.37M 640.03M 633.36M 506.73M 601.25M
Change receivables - - - 0.00000M 0.00000M
Cash flows other operating - - - 0.00000M 0.00000M
Exchange rate changes - - - 0.00000M 0.00000M
Cash and cash equivalents changes - - - 0.00000M 0.00000M
Change in working capital -8554.89300M -2085.72200M 7199.46M 873.28M -6018.77900M
Stock based compensation 88.72M 74.00M 103.63M 120.06M 65.55M
Other non cash items 1782.23M 1075.31M 5519.97M 1001.51M 1232.34M
Free cash flow -2031.24700M 3332.96M 12053.46M 6426.98M -723.21000M

Peer Comparison

Sector: Financial Services Industry: Banks - Regional

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x)
BAP
Credicorp Ltd
6.35 3.53% 186.39 11.11 9.19 0.87 1.73 4.17
HDB
HDFC Bank Limited ADR
0.50 0.86% 58.56 20.81 20.96 0.11 4.77
CIHKY
China Merchants Bank Co Ltd
0.94 3.84% 25.40 6.61 5.68 0.48 0.77 3.43
CIHHF
China Merchants Bank Co Ltd Class H
- -% 4.46 6.10 5.67 0.44 0.77 3.43
IBN
ICICI Bank Limited
0.20 0.69% 28.50 17.79 16.95 0.07 3.08

Reports Covered

Stock Research & News

Profile

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. The Insurance and Pensions segment issues insurance policies to cover losses in commercial property, transport, marine vessels, automobiles, life, health, and pensions; and management services for private pension funds. The Microfinance segment provides management of loans, deposits, and current accounts for small and microenterprises. The Investment Banking and Equity Management segment is involved in provision of brokerage and investment management services for corporations, institutional investors, governments, and foundations; structuring and placement of issues in the primary market; execution and negotiation of transactions in the secondary market; and structuring of securitization processes for corporate customers and manages mutual funds. The company was founded in 1889 and is headquartered in Lima, Peru.

Credicorp Ltd

Calle Centenario N 156, Lima, Peru, 12

Key Executives

Name Title Year Born
Mr. Luis Enrique Romero Belismelis Exec. Chairman 1961
Mr. Gianfranco Piero Dario Ferrari de Las Casas Chief Exec. Officer 1965
Mr. Cesar Rios Briceno CFO & Head of Fin. NA
Mr. Alejandro Perez-Reyes Chief Operating Officer NA
Mr. José Luis Muñoz Rivera Head of Accounting NA
Mr. Eduardo Montero Dasso Head of Investment Banking & Wealth Management NA
Ms. Milagros Cigüeñas Head of Investor Relations NA
Ms. Barbara Falero Chief Compliance & Ethics Officer NA
Mr. Guillermo Morales Head of Legal & Deputy Gen. Sec. NA
Mr. Enzo Tolentino Head of the Area of Continuous Auditing & Corp. Devel. NA

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