Credicorp (NYSE:BAP) Issues Quarterly Earnings Results

Credicorp (NYSE:BAP) posted its quarterly earnings results 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 return on equity of 15.59% and a net margin of 20.11%.

Credicorp Trading Down 0.3 %

Shares of BAP stock traded down $0.58 during trading hours on Wednesday, hitting $187.85. The company had a trading volume of 65,217 shares, compared to its average volume of 255,203. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.07 and a quick ratio of 1.07. The stock has a market capitalization of $14.94 billion, a PE ratio of 10.77, a price-to-earnings-growth ratio of 0.51 and a beta of 1.12. The company’s fifty day moving average is $185.27 and its 200 day moving average is $181.58. Credicorp has a fifty-two week low of $153.27 and a fifty-two week high of $200.00.

Wall Street Analyst Weigh In

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

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.