UPDATE 1-Peru's Credicorp posts 17% profit slide citing economy and El Nino [Yahoo! Finance]
Credicorp Ltd. (BAP)
Last credicorp ltd. earnings: 2/6 04:00 pm
Check Earnings Report
US:NYSE Investor Relations:
credicorp.gcs-web.com/investor-overview
Company Research
Source: Yahoo! Finance
fourth-quarter net profit to 841.8 million soles ($219 million) on Thursday, citing macro economic challenges and effects from the El Nino weather phenomenon. The company's return on equity (ROE) in the fourth quarter landed at 10.6%, down from 14.4% in the year-ago period. Net interest income, the difference between what banks earn on loans and dole out to pay down liabilities, increased 6.6%. Its cost of risk, an indicator of expected losses, meanwhile rose 127 basis points to 3.2% while non-performing loans rose slightly 15.6% in the period. "We anticipate improved macroeconomic conditions in 2024," Chief Executive Gianfranco Ferrari said in a statement, pointing to "the waning influence of the El Nino phenomenon, an upgraded GDP outlook, reduced local reference rate and controlled inflation." The release came shortly after Peru's central bank cut its benchmark interest rate by 25 basis points to 6.25% on Thursday, as inflation continued to ease. Late last year, Credico
Show less
Read more
Impact Snapshot
Event Time:
BAP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BAP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BAP alerts
High impacting Credicorp Ltd. news events
Weekly update
A roundup of the hottest topics
BAP
News
- Credicorp Ltd.: Credicorp’s Earnings Release and Conference Call 1Q24GlobeNewswire
- Credicorp Ltd.: Credicorp Raises Annual Dividend 40% to S/35.0 per Share [Yahoo! Finance]Yahoo! Finance
- Credicorp Ltd.: Credicorp Raises Annual Dividend 40% to S/35.0 per ShareGlobeNewswire
- Credicorp Ltd.: Credicorp’s “1Q24 quiet period”GlobeNewswire
- UPDATE 1-Lawmakers in Peru pass latest pension withdrawal proposal [Yahoo! Finance]Yahoo! Finance
BAP
Earnings
- 8/14/23 - Miss
BAP
Sec Filings
- 4/25/24 - Form 6-K
- 4/24/24 - Form 20-F
- 4/11/24 - Form 6-K
- BAP's page on the SEC website