Credicorp to Announce Q4 Earnings with Strong Expectations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 23 2026
0mins
Source: seekingalpha
Credicorp Ltd. shares fell 5.96% and hit a 5-day low amid a slight decline in the broader market.
The company is scheduled to announce its Q4 earnings on February 12, with consensus EPS estimated at $6.45 and revenue expected to reach $1.8 billion, reflecting strong financial performance expectations. Additionally, there have been three upward revisions in EPS estimates over the past three months, indicating analysts' increasing confidence in the company's profitability. This positive outlook is further supported by two upward revisions in revenue estimates, showcasing market optimism regarding Credicorp's growth potential.
These earnings expectations suggest that Credicorp is well-positioned for future growth, despite the current stock price decline.
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Analyst Views on BAP
Wall Street analysts forecast BAP stock price to fall
3 Analyst Rating
1 Buy
2 Hold
0 Sell
Moderate Buy
Current: 362.320
Low
264.00
Averages
323.00
High
412.00
Current: 362.320
Low
264.00
Averages
323.00
High
412.00
About BAP
Credicorp Ltd is a Peru-based financial services holding company. The Company is organized into four lines of business: Universal Banking, Insurance and Pensions that mainly serve the overall Peruvian market, Microfinance and Investment Banking and Wealth Management that have a strong presence in Latin America. The Company has leveraged its franchises and has consolidated into a Group with more than 36,000 employees and operations mainly in six countries: Peru, Bolivia, Colombia, Chile, Panama and the United States.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Technical Analysis Tool: Comparing the latest share price to the 200-day moving average provides valuable insights for investors, aiding in market trend assessment and potential buying opportunities.
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- Market Performance Comparison: BAP and IFS now trade at P/B ratios of 2.5x and 1.7x, respectively, with year-to-date gains of approximately 28% to 32%, contrasting with Mexican banks down 15% to up 20% and Brazilian banks down 28% to up 10%, indicating relative strength in Peruvian bank stocks.
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- Leadership Succession: The recent announcement of executive leadership succession may impact the company's strategic direction, as the new leadership team faces challenges in maintaining performance in a competitive market.
- Market Expectations: Analysts hold an optimistic view of Credicorp's financial performance, anticipating that its strong profitability and revenue growth will attract more investor interest, potentially driving the stock price higher.
- Industry Context: In the current economic environment, the financial services industry faces multiple challenges, and Credicorp's earnings release will provide crucial market signals for investors to assess its future growth prospects.
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- Price Range Analysis: IEMG ETF's 52-week low is $57.385 per share, with a high of $86.04, and the latest trade at $84.25 indicates stability near the high, potentially attracting investor interest in future movements.
- Technical Analysis Tool: Comparing the latest share price to the 200-day moving average provides valuable insights for investors, aiding in market trend assessment and potential buying opportunities.
- ETF Trading Mechanism: Exchange-traded funds (ETFs) trade like stocks, where investors buy and sell 'units' that can be created or destroyed based on demand, impacting liquidity and market performance.
- Inflows and Outflows Monitoring: Weekly monitoring of changes in shares outstanding helps identify ETFs experiencing notable inflows (new units created) or outflows (old units destroyed), assessing their impact on underlying assets and market sentiment.
See More
J.P. Morgan Downgrades Credicorp and Intercorp Ratings Amid Political Uncertainty
- Rating Downgrade: J.P. Morgan downgraded Credicorp (BAP) and Intercorp Financial Services (IFS) from Overweight to Neutral primarily due to a lack of clarity surrounding Peru's political transition, although analysts maintain a positive outlook for Peru.
- Market Performance Comparison: BAP and IFS now trade at P/B ratios of 2.5x and 1.7x, respectively, with year-to-date gains of approximately 28% to 32%, contrasting with Mexican banks down 15% to up 20% and Brazilian banks down 28% to up 10%, indicating relative strength in Peruvian bank stocks.
- Potential Risks and Opportunities: Analysts noted that current valuations do not fully reflect the uncertainties of political transition and potential El Niño impacts, while also highlighting upside catalysts such as a pro-market election outcome and a supportive Congress.
- Divergent Ratings: While Seeking Alpha rates BAP as Hold, Wall Street analysts give it a Buy rating, and IFS receives a Buy from SA authors and a Strong Buy from sell-side analysts, indicating differing market perceptions of these companies.
See More
ETF Component Stocks Trading Dynamics Analysis
- Buenaventura Mining Performance: Buenaventura Mining saw a rise of approximately 1.3% on Tuesday, with over 722,000 shares traded, indicating sustained investor interest that may reflect confidence in its future growth prospects.
- Credicorp Strong Rebound: Credicorp's stock increased by about 8.7% on a volume exceeding 641,000 shares, suggesting positive market expectations regarding its financial health, which could attract more investor attention to its potential earnings.
- Intercorp Financial Services Leading: Intercorp Financial Services was the top performer on Tuesday, with a rise of about 10.6%, likely due to market recognition of its business model, further enhancing its competitiveness in the financial services sector.
- Southern Copper Lagging: Southern Copper's stock increased by approximately 1.2%, showing some market support despite lagging behind other components, which may reflect investor optimism regarding its long-term value.
See More
Latest Wall Street Ratings and Price Target Adjustments
- Micron Price Target Increase: Citigroup raised Micron Technology's price target from $425 to $840, anticipating a 40% increase in DRAM prices in Q2, which will significantly enhance its market competitiveness.
- Jazz Pharmaceuticals Upgrade: UBS upgraded Jazz Pharmaceuticals from Neutral to Buy and raised its price target from $188 to $307, driven by increased confidence in the commercial potential of its cancer drug Ziihera, which is expected to boost company performance.
- Nvidia Price Target Boost: HSBC raised Nvidia's price target from $295 to $325, expecting the company to exceed market expectations in its upcoming earnings report, further enhancing its profitability.
- Costco Price Target Increase: Oppenheimer raised Costco's price target from $1,100 to $1,160, believing that its defensive characteristics and superior value proposition will continue to drive market share growth, with potential catalysts for a special dividend or stock split.
See More
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- Net Income Performance: Credicorp reported a net income of $609.1 million for Q1, exceeding Wall Street expectations, which underscores the company's strong performance in the financial market and reinforces its leadership position in the Peruvian finance sector.
- Earnings Per Share: The earnings per share reached $7.65, significantly above the analysts' estimate of $7.06, indicating a robust performance that may attract more investor interest and enhance market confidence.
- Revenue Growth: The company posted total revenue of $2.21 billion in the quarter, with net revenue after interest expenses at $1.84 billion, both surpassing market forecasts, demonstrating the effectiveness of its business model and strong market demand.
- Stock Price Surge: Credicorp's shares have risen 14% since the beginning of the year and 58% over the past 12 months, reflecting investor confidence in the company's future growth potential and market recognition of its financial health.
See More
Credicorp Ltd. to Release Q1 Earnings on May 14
- Earnings Release Announcement: Credicorp Ltd. is set to release its Q1 2023 earnings on May 14, with analysts projecting an EPS of $7.26 and revenue of $1.75 billion, indicating the company's stable growth potential in the financial services sector.
- Leadership Succession: The recent announcement of executive leadership succession may impact the company's strategic direction, as the new leadership team faces challenges in maintaining performance in a competitive market.
- Market Expectations: Analysts hold an optimistic view of Credicorp's financial performance, anticipating that its strong profitability and revenue growth will attract more investor interest, potentially driving the stock price higher.
- Industry Context: In the current economic environment, the financial services industry faces multiple challenges, and Credicorp's earnings release will provide crucial market signals for investors to assess its future growth prospects.
See More
