Welcome to our dedicated page for Credicorp news (Ticker: BAP), a resource for investors and traders seeking the latest updates and insights on Credicorp stock.
Credicorp Ltd (BAP) is a leading Peruvian financial services group offering integrated banking, insurance, microfinance, and investment solutions. This news hub provides investors and stakeholders with timely updates on corporate developments, strategic initiatives, and market performance.
Access centralized information on earnings reports, leadership changes, regulatory filings, and partnership announcements. Our repository ensures transparent access to Credicorp's financial communications while maintaining compliance with disclosure standards.
Key coverage areas include quarterly results analysis, operational milestones in microfinance outreach, and innovations across Credicorp's banking subsidiaries. Content is curated to support informed decision-making without promotional bias.
Bookmark this page for streamlined tracking of Credicorp's evolving position in Latin America's financial sector. Verify critical updates directly from primary sources while benefiting from organized presentation of material developments.
Credicorp (NYSE: BAP), Peru's leading financial services holding company, has announced a cash dividend of S/40.00 per share, totaling S/3.78 billion. The dividend declaration follows the company's strong performance, with total net income of S/5.50 billion for fiscal year 2024.
The dividend will be paid on June 13, 2025, to shareholders of record on May 19, 2025, without withholding tax. Payment will be made in US Dollars using the weighted exchange rate published by the Peruvian Superintendency of Banks on June 11, 2025.
CEO Gianfranco Ferrari highlighted that the dividend reflects record 2024 results and demonstrates the strength of Credicorp's diversified business model in generating sustainable earnings across cycles.
Credicorp (NYSE: BAP | BVL: BAP) has announced the implementation of its quiet period for the first quarter 2025 earnings release. The quiet period will begin on May 1st, 2025 and conclude on May 15th, 2025, when the company releases its Q1 2025 results.
During this blackout period, in alignment with corporate disclosure policies and to maintain fairness and prevent information leaks, Credicorp will not provide any financial information, discuss financial results, or address related inquiries from stakeholders.
Credicorp (NYSE: BAP) has completed the acquisition of Empresas Banmédica's remaining 50% stake in their joint venture established in December 2014. The transaction, initially announced on October 31st, 2024, has received all regulatory approvals.
Through this acquisition, Banmédica has transferred its 50% interest in both the private medical insurance business to Pacifico Seguros and its stake in Pacífico S.A. Entidad Prestadora de Salud (Pacifico EPS) to Grupo Crédito S.A. As a result, Credicorp, through its subsidiaries, becomes the sole owner of both businesses in Peru.
The company assures stakeholders that the transition will be seamless, with no disruptions to services, product terms, or policy administration. The move aligns with Credicorp's goal of creating a more sustainable and inclusive economy by improving insurance and healthcare access while advancing financial inclusion in Peru.
Credicorp (BAP) has announced its upcoming 4Q24 earnings release schedule. The company will publish its quarterly results on Monday, February 10th, 2025, after market close, followed by a webcast/conference call on Tuesday, February 11th, 2025, at 9:30 a.m. ET.
The earnings call will feature key executives including CEO Gianfranco Ferrari, CFO Alejandro Perez Reyes, and other senior management members. The company has provided pre-registration options for the webcast and dial-in details for participants.
Additionally, Credicorp reminds investors that its 2023 Annual Report (Form 20-F) was filed with the SEC on April 24th, 2024, containing audited consolidated financial statements for 2021-2023 under IFRS. The report is available on their website, and physical copies can be requested free of charge.
Credicorp (NYSE: BAP) has announced the implementation of its quiet period for the fourth quarter 2024 earnings release. The quiet period will commence on January 27th and conclude on February 10th, 2025, when the company releases its earnings. During this period, in accordance with corporate disclosure policies and to maintain fairness and prevent information leaks, Credicorp will not disclose any financial information, provide commentary on financial results, or respond to related inquiries.
Credicorp (NYSE: BAP) announced that its subsidiary Credicorp Capital will purchase 100% of client investments in two funds: Credicorp Capital Factoring Dólares FMIV and Factoring Soles FMIV. These funds were affected by regulatory actions against Sartor, a Chilean third-party fund manager. The purchase, executed through Atlantic Security Holding (ASHC), will cover up to US$125.3 million in investment value.
The Chilean Financial Market Commission (CMF) suspended all Sartor-managed funds and later revoked Sartor's operating authorization, ordering the liquidation of all its funds. Credicorp Capital commits to acquiring the investment units from clients within 45 days, protecting them from uncertainties in Sartor's liquidation process. Credicorp expects partial fund recovery and will provide updates as available.
Credicorp (BAP) has announced its 2025 quarterly earnings release schedule. The company will publish its financial results according to the following timeline:
- Q1 2025: Thursday, May 15th, 2025
- Q2 2025: Thursday, August 14th, 2025
- Q3 2025: Thursday, November 13th, 2025
- Q4 2025: Monday, February 12th, 2026
The company notes that conference call details will be provided approximately 15 days before each earnings release through press releases. Earnings releases may be published after 5:00 PM Lima time.
Credicorp (NYSE: BAP) has announced an agreement to acquire Empresas Banmédica's 50% stake in their joint venture established in December 2014. The acquisition involves Banmédica's interests in both the private medical insurance business and Pacífico S.A. Entidad Prestadora de Salud (Pacifico EPS) in Peru. Upon completion, Credicorp will become the sole owner of both businesses through its subsidiaries Grupo Crédito S.A. and Pacifico Seguros. The transaction aims to strengthen Credicorp's position in insurance and healthcare access while promoting financial inclusion in Peru. The company assures stakeholders that there will be no disruptions in service or policy administration.
Credicorp has announced its upcoming 3Q24 Earnings Release Report, scheduled for Thursday, November 7th, 2024, after market close. The company will host a Webcast/Conference Call to discuss the results on Friday, November 8th, 2024, at 9:30 a.m. ET. Key executives participating include CEO Gianfranco Ferrari, CFO Alejandro Perez Reyes, and other senior leadership team members. The company has also reminded stakeholders about the availability of their 2023 Annual Report (Form 20-F), which was filed with the SEC on April 24th, 2024, containing audited consolidated financial statements for 2021-2023 under IFRS.
Credicorp (NYSE: BAP) has announced the start of its quiet period for the 3Q24 earnings release. The quiet period will begin on October 24th and conclude on November 7th, which is the date of the earnings release. This measure is in line with Credicorp's corporate disclosure policies and aims to prevent any leaks of financial results and ensure fairness.
During this quiet period, Credicorp will not disclose any financial information, comment on financial results, or respond to related questions. This practice is designed to maintain the integrity of the company's financial reporting process and ensure equal access to information for all stakeholders.
