Credicorp
BAP on NYSE. Commercial banks, nec. Market value $29.6bn.
This company reports once a year (it is based outside the US), so every figure comes from its annual report for the year to December 2024.
We can't read total debt from the filing, so debt is left out.
Cash flow or capital spending isn't reported, so free cash flow is unknown.
The latest annual report is over 15 months old, so we don't rank it.
Should I look at this?
Not a fit for our list right now
Why it could be worth it
What to watch out for
See Financial services stocks that passed both tests
This is not advice. Check the numbers below.
We don't have this figure for this company.
We don't have this figure for this company.
We don't have this figure for this company.
Quality score: not known. Price score: not known. Our list needs 70 on quality and 60 on price.
$378.07 a share, 64% above its 1-year low
Over the past year the price has ranged from $230.45 to $413.25.
Prices from Monday’s close (5 October).
Five years of cash, in billions
| Revenue | |||||
| Revenue | n/a | n/a | n/a | n/a | n/a |
| Operating margin | |||||
| Operating margin | n/a | n/a | n/a | n/a | n/a |
| Debt to equity | |||||
| Debt to equity | n/a | n/a | n/a | n/a | n/a |
| Shares outstanding | |||||
| Shares outstanding | 0.09bn | 0.09bn | 0.09bn | n/a | 0.09bn |
Health checks
- Free cash flow positiveDoesn't apply to banks and insurers
- Accounting checksDoesn't apply to banks and insurers
- DebtDoesn't apply to banks and insurers
- Revenue growth, five yearsUnknown
- Buying back its own sharesRoughly flat
Dates
- Next results (estimated)
- n/a
- Last annual report (10-K)
- 27 April 2026
- Next quarterly (estimated, 10-Q)
- n/a
Who owns it
12 long-term investors we follow own it, unchanged from 12 last quarter. 429 funds in all.
- Letko BrosseauLetko Brosseau team
- Value
- $38m
- Share of fund
- 0.6%
- LSV Asset ManagementJosef Lakonishok
- Value
- $30m
- Share of fund
- <0.1%
| Fund | Value | Share of that fund | Change |
|---|---|---|---|
| Dodge & CoxDodge & Cox investment committee | $1.0bn | 0.5% | Cut |
| Pzena Investment ManagementRichard Pzena | $326m | 1.0% | Cut |
| Aristotle Capital ManagementHoward Gleicher | $276m | 0.6% | Cut |
| Causeway Capital ManagementSarah Ketterer | $100m | 1.1% | Added |
| Letko BrosseauLetko Brosseau team | $38m | 0.6% | |
| Mondrian Investment PartnersMondrian team | $35m | 0.5% | Cut |
| LSV Asset ManagementJosef Lakonishok | $30m | <0.1% | |
| Hosking PartnersJeremy Hosking | $30m | 1.0% | Cut |
| Boston PartnersBoston Partners team | $11m | <0.1% | Cut |
| Brandes Investment PartnersCharles Brandes | $6m | <0.1% | Added |
| Polaris Capital ManagementBernard Horn | $662,286 | <0.1% | Cut |
| GMOJeremy Grantham | $516,973 | <0.1% | New |
Sold out this quarter
- Ariel InvestmentsJohn Rogers Jr.Sold out
Largest holders overall
- Banque Cantonale Vaudoise$3.1bn
- BlackRock$1.9bnAdded
- Capital World Investors$1.7bnAdded
- FMR$1.5bnAdded
- Dodge & Cox$1.0bnCut
- Baillie Gifford$1.0bnCut
- JPMorgan Chase$936mAdded
- Massachusetts Financial Services$832mCut
- Royal Bank of Canada$634mCut
- Westwood Global Investments$614m
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
1 investor owns more than 5%.
- Capital World InvestorsPassive investor5.6%Since 30 June 2026
- BlackRock, Inc.Passive investorSold down below 5%Since 30 June 2026
- Dodge & CoxPassive investorSold down below 5%Since 31 December 2025
| Holder | Stake | Since | |
|---|---|---|---|
Capital World Investors Passive investor | 5.6% | 30 June 2026 | |
BlackRock, Inc. Passive investor | Sold down below 5% | 30 June 2026 | |
Dodge & Cox Passive investor | Sold down below 5% | 31 December 2025 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
No insider bought shares on the open market in the last 12 months. 2 sold $1m.
- Cavero Diego AntonioCEO Head Universal BankingSold
- Date
- 5 June 2026
- Shares
- 3,500
- Price
- $319.00
- Value
- $1m
- Perez-Reyes AlejandroCFOSold
- Date
- 21 May 2026
- Shares
- 1,073
- Price
- $337.50
- Value
- $362,138
| Date | Who | Did | Shares | Price | Value |
|---|---|---|---|---|---|
| 5 June 2026 | Cavero Diego Antonio CEO Head Universal Banking | Sold | 3,500 | $319.00 | $1m |
| 21 May 2026 | Perez-Reyes Alejandro CFO | Sold | 1,073 | $337.50 | $362,138 |
From Form 4 filings: insiders must report trades in their own company's shares within two days.
Warning signs in its filings
Problems the company itself reported to the SEC, in its own words.
Credicorp doesn’t file a US annual report (10-K), so we haven’t checked it.
A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.
What could go wrong
Cheap for a reason is the question the numbers cannot answer.
Whether the price already reflects the risks is what the deep dive is for.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.