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Credicorp LTD - BAP STOCK NEWS

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 is a leading financial services company based in Peru, operating primarily in four main business segments: Universal Banking, Insurance and Pensions, Microfinance, and Investment Management & Advisory. As a major player in the financial sector, Credicorp Ltd aims to foster economic growth in the region through its diversified services and robust business model.

Universal Banking: Credicorp's most significant subsidiary, Banco de Credito del Peru (BCP), is a cornerstone of the company's operations. BCP offers a comprehensive range of financial products and services including retail banking, corporate banking, and treasury services. With a vast network of branches and ATMs, BCP serves millions of customers nationwide.

Insurance and Pensions: Through its subsidiary Prima AFP, Credicorp provides insurance and pension fund management services. Prima AFP is one of the largest pension fund administrators in Peru, ensuring financial security and stability for its clients through well-managed pension schemes.

Microfinance: Credicorp also addresses the financial needs of small and medium-sized enterprises (SMEs) through its microfinance services. By extending credit to underserved communities, Credicorp helps promote entrepreneurship and economic development at the grassroots level.

Investment Management & Advisory: With Credicorp Capital, the company offers investment banking services such as asset management, brokerage, and financial advisory. Credicorp Capital supports both individual and institutional investors in making informed investment decisions to maximize returns.

Recent Achievements and Updates: Credicorp Ltd continues to be at the forefront of financial innovation and customer service excellence. Recently, the company announced a series of webcast presentations to provide stakeholders with updates on financial performance and strategic initiatives. These webcasts are open to both national and international participants, ensuring transparency and engagement with the global investment community.

For more information about upcoming events and investor relations, please visit the official webcast registration page or contact the Investor Relations team at investorrelations@credicorpperu.com.

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Credicorp : Credicorp’s Earnings Release and Conference Call 1Q24

Credicorp announces its 1Q24 Earnings Release Report will be released on May 9th, 2024, with a Webcast/Conference Call on May 10th, 2024. Key speakers include CEO Gianfranco Ferrari and CFO Cesar Rios. Participants can pre-register for the webcast using the provided link.

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Credicorp announces a 40% increase in its annual dividend to S/35.0 per share, reflecting strong financial performance and growth prospects.
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Credicorp (NYSE: BAP) has initiated the quiet period for its 1Q24 earnings release, starting from April 25th and ending on May 9th, to prevent leaks and ensure fairness.
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Credicorp Ltd. announces the release of its 4Q23 Earnings Report on February 8th, 2024, followed by a webcast on February 9th, 2024. The call will be hosted by top executives including the CEO, CFO, and other key officers. Participants are encouraged to pre-register for the webcast. The company also reminds shareholders of the availability of its 2022 Form 20-F on its website.
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Credicorp (NYSE: BAP) has announced the initiation of a quiet period for the 4Q23 earnings release starting on January 25th and ending on February 8th. During this time, the company will not disclose any financial information or comment on financial results to prevent leaks and ensure fairness.
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Credicorp Ltd. (NYSE: BAP | BVL: BAP) announces senior leadership changes, including Cesar Ríos Briceño as Chief Risk Officer, Alejandro Pérez-Reyes Zarak as Chief Financial Officer, and André Rezende as Chief Technology Officer. Michelle Labarthe Wiese is appointed as Chief Strategy Officer in a move to strengthen the company's market-leading organization and drive sustainable growth.
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Credicorp Ltd. (NYSE: BAP | BVL: BAP) has published its first report aligned with the Task Force on Climate-Related Financial Disclosures (TCFD) recommendations, reflecting the company's commitment to transparency, climate action, and environmental vision. The report covers the management of climate change-related issues in areas such as corporate governance, business strategy, operations, risks, metrics, and aspirations among its companies. CEO Gianfranco Ferrari stated that the report reflects the company's commitment to being a local leader in supporting the transition to an environmentally sustainable economy.
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Credicorp Ltd. (BAP) announces the schedule for the issuing of 2024 Quarterly Earnings Releases. The dates for the Earnings Release Reports are: 1Q24 - May 9th, 2024, 2Q24 - August 8th, 2024, 3Q24 - November 7th, 2024, and 4Q24 - February 10th, 2025. Details for the Conference Call are usually provided 15 days before each release, and the release can be issued after 5:00 pm (Lima time).
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Credicorp Ltd. announces the release of its 3Q23 Earnings Release Report and upcoming webcast/conference call.
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i2c Inc. partners with Banco de Credito to power their digital banking subdivision, iO, offering virtual and physical Visa-backed consumer credit cards with cashback benefits and around-the-clock customer service.
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FAQ

What is the current stock price of Credicorp (BAP)?

The current stock price of Credicorp (BAP) is $182.13 as of December 20, 2024.

What is the market cap of Credicorp (BAP)?

The market cap of Credicorp (BAP) is approximately 14.3B.

What are the main business segments of Credicorp Ltd?

Credicorp Ltd operates in four main segments: Universal Banking, Insurance and Pensions, Microfinance, and Investment Management & Advisory.

Who are some of Credicorp Ltd's subsidiaries?

Credicorp Ltd's subsidiaries include Banco de Credito del Peru, Prima AFP, and Credicorp Capital.

What services does Banco de Credito del Peru offer?

Banco de Credito del Peru offers retail banking, corporate banking, and treasury services.

How does Prima AFP contribute to Credicorp Ltd's operations?

Prima AFP provides insurance and pension fund management services, managing some of the largest pension funds in Peru.

What role does microfinance play in Credicorp Ltd's business strategy?

Microfinance helps Credicorp Ltd support small and medium-sized enterprises (SMEs) by providing necessary credit to foster economic growth.

What type of services does Credicorp Capital offer?

Credicorp Capital offers investment banking services including asset management, brokerage, and financial advisory.

How does Credicorp Ltd engage with its investors?

Credicorp Ltd engages with investors through regular webcasts, presentations, and direct communication via its Investor Relations team.

Where can I find more information about Credicorp Ltd's upcoming events?

Information about upcoming events can be found on the official webcast registration page or by contacting the Investor Relations team.

What is the main focus of Credicorp Ltd's Universal Banking segment?

The main focus is providing a comprehensive range of financial products and services to both retail and corporate clients.

How can I contact Credicorp Ltd's Investor Relations team?

You can contact the Investor Relations team via email at investorrelations@credicorpperu.com.

Credicorp LTD

NYSE:BAP

BAP Rankings

BAP Stock Data

14.31B
66.61M
16.14%
79.2%
0.97%
Banks - Regional
Financial Services
Link
United States of America
Lima