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. reports recurring developments for a diversified financial services holding company anchored in Peru and active in Chile, Colombia, Bolivia, Panama and the United States. Its business lines include universal banking, insurance and retirement services, microfinance, and investment banking and asset management through subsidiaries such as Banco de Credito del Peru, Prima AFP, Credicorp Capital and Tenpo.
Company news commonly covers quarterly earnings releases, conference calls, quiet-period notices, annual Form 20-F reporting, shareholder meetings, board composition, committee oversight, dividends and digital-banking developments. Updates also reflect Tenpo's banking authorization in Chile and governance topics tied to risk oversight, technology, operational resilience and capital allocation.
Credicorp (NYSE:BAP) has announced the implementation of its quiet period for 2Q25 earnings. The quiet period will begin on July 31st, 2025 and conclude on August 14th, 2025, when the company releases its second quarter results.
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 comments on financial results, or respond to related inquiries.
Credicorp (NYSE:BAP) has announced its upcoming 2025 Investor Day event, which will coincide with the celebration of its 30th IPO Anniversary. The event is scheduled for October 9, 2025, in New York and will be held in a hybrid format, allowing both in-person and virtual attendance.
The event will commence at 9:00 AM ET and will feature presentations from Credicorp's leadership team, focusing on the company's three-decade transformation, integrated strategy, and future vision for financial services. The agenda includes welcome remarks, panel discussions with senior management, and a Q&A session.
Institutional investors and sell-side analysts interested in attending in person must register by October 2, 2025 through www.credicorpday.com.
Credicorp Ltd. (NYSE:BAP), Peru's leading financial services holding company, has initiated legal action against SUNAT (Peruvian Tax Administration) regarding a tax dispute. The conflict centers on share transactions conducted in 2018 and 2019, where Grupo Crédito S.A. purchased Banco de Crédito del Perú shares from Credicorp through the Lima Stock Exchange.
SUNAT is now seeking over S/. 1.5 billion in alleged unpaid income tax and interest, despite these transactions being previously cleared by SUNAT's own Review Committee and being tax-exempt under Peruvian law at the time. The transactions were conducted transparently and approved by relevant regulatory bodies including SMV, SBS, and CAVALI.
The company states that no expense provisions are required under International Accounting Standards and will pursue all appropriate legal and administrative channels to address this matter.
Credicorp Ltd. (BAP) has announced its upcoming 1Q25 Earnings Release Report, scheduled for Thursday, May 15th, 2025, after market close. The company will host a Webcast/Conference Call to discuss the results on Friday, May 16th, 2025, at 10:30 a.m. ET (9:30 a.m. Lima, Peru time).
Key executives participating in the call include CEO Gianfranco Ferrari, CFO Alejandro Perez Reyes, Chief Innovation Officer Francesca Raffo, Chief Risk Officer Cesar Rios, Head of Insurance and Pensions Cesar Rivera, and Mibanco CFO Carlos Sotelo. The company has also announced the filing of its 2024 Annual Report (Form 20-F) with the SEC on April 25th, 2025, which includes audited consolidated financial statements for 2022-2024 under IFRS.
Credicorp (NYSE: BAP | BVL: BAP) has announced the filing of its Annual Report on Form 20-F for the fiscal year ended December 31st, 2024, with the Securities and Exchange Commission. The report contains audited consolidated financial statements for Credicorp and its subsidiaries covering the years 2022, 2023, and 2024, prepared under International Financial Reporting Standards (IFRS).
The 2024 Form 20-F is available for download on Credicorp's website under Annual Materials. Shareholders and interested parties can request a free hard copy of the complete audited consolidated financial statements through the 'mail request' form on the company's website.
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.