Credicorp (NYSE: BAP) agrees US$180M acquisition of Helm Bank USA

Rhea-AI Filing Summary

Credicorp Ltd., through its subsidiary Banco de Crédito del Perú (BCP), has agreed to acquire 100% of the shares of Helm Bank USA from the Wilde family under a Stock Purchase Agreement. BCP will pay a purchase price of US$180,000,000, subject to a customary price adjustment as of the closing date.

Helm Bank is a Florida-chartered community bank supervised by the Florida Office of Financial Regulation and is a member of the FDIC. As of the end of September 2025, Helm Bank reported a loan portfolio of US$648.2 million, total assets of US$1,141.8 million, and shareholders’ equity of US$106.8 million, giving a sense of the scale of the institution being acquired.

The transaction will close only after required regulatory approvals in the United States (OFR and Federal Reserve) and in Peru (SBS) are obtained and other customary conditions are met. Once these conditions are satisfied or waived, the closing date is expected to occur within a few business days or another period agreed between BCP and the sellers.

Insights

Banking M&A and regulatory analyst

Credicorp plans a US$180M acquisition of a Florida community bank, pending approvals.

The transaction centers on Banco de Crédito del Perú acquiring 100% of Helm Bank USA for a purchase price of US$180,000,000, subject to a customary closing-date adjustment. Helm Bank’s balance sheet as of the end of September 2025 shows a loan portfolio of US$648.2 million, total assets of US$1,141.8 million, and shareholders’ equity of US$106.8 million, indicating Credicorp is buying a fully operating regulated bank rather than a small niche portfolio.

The deal structure requires regulatory approvals from the Florida Office of Financial Regulation, the Federal Reserve, and Peru’s SBS, as well as satisfaction of other customary closing conditions. This means completion timing and final terms depend on the regulatory review process and the agreed adjustment at closing. The closing date is defined as no later than the third business day after all conditions are met or another period agreed by BCP and the sellers, so the effective transfer will track directly to when these conditions are cleared.

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 under the

Securities Exchange Act of 1934

For the month of December 2025

Commission File Number: 001-14014

CREDICORP LTD.

(Translation of registrant’s name into English)

Of our subsidiary

Banco de Credito del Peru:

Calle Centenario 156

La Molina 15026

Lima, Peru (Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

December 29, 2025

Securities and Exchange Commission - SEC

Re.: MATERIAL EVENT

Dear Sirs:

We hereby notify you as a Material Event that today Credicorp Ltd. (“Credicorp”), through its subsidiary Banco de Crédito del Perú (“BCP”), has entered into a Stock Purchase Agreement (“SPA”) with the shareholders of Helm Bank USA (Wilde Family) (the “Sellers”) to acquire 100% of the issued and outstanding shares of Helm Bank USA (“Helm Bank”). In accordance with the terms of the SPA, BCP will pay the Sellers the amount of US$180,000,000.00 (one hundred eighty million U.S. dollars), with such amount being subject to a customary price adjustment as of the Closing Date (the “Purchase Price”).

Helm Bank is a community bank authorized to operate in the State of Florida by the Florida Office of Financial Regulation (OFR), is supervised by the OFR and is a member of the Federal Deposit Insurance Corporation (FDIC).

As of the end of September 2025, Helm Bank had a loan portfolio of US$648.2 million, US$1,141.8 million in total assets, and shareholders’ equity of US$106.8 million.

The completion of the transaction is subject to obtaining the required regulatory approvals in the United States from the OFR and the Federal Reserve (FED), and in Peru from the Superintendence of Banking, Insurance and Private Pension Fund Administrators (SBS), as well as the fulfillment of other customary closing conditions.

It is hereby noted that the execution of the main obligations under the SPA, including BCP’s payment of the Purchase Price to the Sellers and the transfer of Helm Bank shares to BCP, will take place on the closing date (the “Closing Date”). The Closing Date will be (i) no later than the third business day following the day on which the conditions precedent set forth in the SPA are satisfied or waived, or (ii) within the period agreed upon by BCP and the Sellers.

The information in this Form 6-K (including any exhibit hereto) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act.

Sincerely,

/s/ Guillermo Morales

Authorized Representative

Credicorp Ltd.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: December 29, 2025

	CREDICORP LTD. (Registrant)
	By:	/s/ Guillermo Morales
		Guillermo Morales
		Authorized Representative

FAQ

What acquisition did Credicorp Ltd. (BAP) announce involving Helm Bank USA?

Credicorp Ltd., through its subsidiary Banco de Crédito del Perú, entered into a Stock Purchase Agreement to acquire 100% of the issued and outstanding shares of Helm Bank USA from the Wilde family shareholders.

What is the purchase price Credicorp will pay for Helm Bank USA?

Banco de Crédito del Perú will pay the sellers US$180,000,000, with this amount subject to a customary price adjustment as of the closing date.

What are Helm Bank USA’s key financial figures mentioned in the filing?

As of the end of September 2025, Helm Bank USA had a loan portfolio of US$648.2 million, total assets of US$1,141.8 million, and shareholders’ equity of US$106.8 million.

Which regulators must approve Credicorp’s acquisition of Helm Bank USA?

The transaction requires approvals in the United States from the Florida Office of Financial Regulation (OFR) and the Federal Reserve (FED), and in Peru from the Superintendence of Banking, Insurance and Private Pension Fund Administrators (SBS), along with other customary closing conditions.

When is the closing date for Credicorp’s acquisition of Helm Bank USA expected to occur?

The closing date will be (i) no later than the third business day after all conditions precedent in the SPA are satisfied or waived, or (ii) within a period otherwise agreed by BCP and the sellers.

What happens on the closing date of the Helm Bank USA acquisition?

On the closing date, the main obligations under the SPA will be executed, including BCP’s payment of the purchase price to the sellers and the transfer of Helm Bank USA shares to BCP.