Credicorp (NYSE:BAP) Announces Quarterly Earnings Results

Credicorp (NYSE:BAP) released its quarterly earnings data on Monday. The bank reported $3.76 EPS for the quarter, missing the consensus estimate of $4.42 by ($0.66), Zacks reports. Credicorp had a net margin of 20.11% and a return on equity of 15.59%.

Credicorp Trading Down 0.5 %

Shares of NYSE:BAP traded down $0.93 during trading on Wednesday, reaching $187.49. The company’s stock had a trading volume of 39,430 shares, compared to its average volume of 254,170. The stock has a market capitalization of $14.91 billion, a PE ratio of 10.74, a price-to-earnings-growth ratio of 0.51 and a beta of 1.12. Credicorp has a 12 month low of $153.27 and a 12 month high of $200.00. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.66. The firm’s 50 day simple moving average is $185.27 and its two-hundred day simple moving average is $181.58.

Analyst Ratings Changes

A number of equities analysts recently commented on BAP shares. Bank of America lowered Credicorp from a “buy” rating to a “neutral” rating and dropped their price target for the company from $209.00 to $208.00 in a research note on Monday, December 16th. JPMorgan Chase & Co. increased their target price on Credicorp from $200.00 to $219.00 and gave the company an “overweight” rating in a research report on Tuesday, November 12th.

Credicorp Company Profile

Credicorp Ltd. provides various financial, insurance, and health services and products primarily in Peru and internationally. It operates through Universal Banking, Insurance and Pensions, Microfinance, and Investment Banking and Equity Management segments. The Universal Banking segment grants various credits and financial instruments to individuals and legal entities; and various deposits and current accounts.