NYSE$BAP
Credicorp Ltd · Q2 2025 earnings
Q2 2025 earnings · · After market close · Investor relations
Briefing
Credicorp reported strong earnings in Q2 2025 with record-high ROE, lower provisions, and solid momentum across its core businesses.
Credicorp delivered a robust quarter, driven by strong performance in Universal Banking and Insurance, reduced provisions, improved credit quality, and growth in digital services like Yape.
- Net income attributable to Credicorp rose to $492,441,892, a 36.1% YoY increase.
- Risk-adjusted NIM hit a record 5.44% amid lower cost of risk.
- Yape reached 14.9 million MAUs and contributed 5.5% to total risk-adjusted revenue.
- ROE reached 20.7% due to gains in BCP’s investment portfolio and strong core business execution.
Headline financials
Revenue & EPS history
Credicorp · Revenue · Quarterly
$1.5B
Forward guidance
Credicorp raised its full-year ROE guidance to ~19% and long-term ROE target to 19.5%, reflecting optimism in retail lending, digital services, and improved asset quality.
Tailwinds
- ROE guidance for 2025 raised to ~19%
- Long-term ROE target increased to 19.5%
- Retail and microfinance loan growth accelerating
- Yape scaling with increasing monetization
- Improved payment behavior and portfolio quality
Headwinds
- Lower wholesale loan balances impacted interest income
- Time deposit growth pressured funding costs
- Investment income decline due to lower dividends
- Some volatility in FX-related metrics due to Bolivia revaluation
- Continued need for disciplined expense management amid innovation investments
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2025
-0.0%
Avg return
Earnings day
-0.1%
Avg return
5 days after
+3.1%
Avg return
30 days after
43%
26 / 61 earnings
Positive
+9.9%
Q1 2023
Best reaction
-7.9%
Q4 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -3.6% | +9.9% | +25.6% | |
| Q3 2026 | +0.7% | +1.0% | +12.0% | |
| Q2 2025 | +0.6% | -0.5% | +6.3% | |
| Q1 2025 | -6.3% | -1.1% | +5.4% | |
| Q4 2024 | -1.4% | -2.6% | -3.1% | |
| Q4 2023 | +0.0% | +2.4% | +14.0% | |
| Q3 2023 | -3.9% | -4.5% | +1.4% | |
| Q2 2023 | -5.2% | -9.8% | -14.9% | |
| Q1 2023 | +9.9% | +6.0% | +2.3% | |
| Q4 2022 | -7.9% | -6.0% | -6.7% | |
| Q3 2022 | +5.9% | +6.9% | +4.1% | |
| Q2 2022 | -2.2% | -2.5% | -7.7% | |
| Q1 2022 | -7.1% | -11.4% | -1.9% | |
| Q4 2021 | +7.4% | +13.7% | +19.8% | |
| Q3 2021 | -2.0% | -4.2% | -12.7% | |
| Q2 2021 | -4.1% | -7.4% | +0.4% | |
| Q1 2021 | +4.4% | +14.9% | +28.9% | |
| Q4 2020 | +4.9% | +4.8% | -3.0% | |
| Q3 2020 | -0.1% | -5.0% | +40.0% | |
| Q2 2020 | +2.7% | +3.3% | +5.8% | |
| Q1 2020 | +2.4% | -0.8% | +17.0% | |
| Q4 2019 | -5.3% | -4.6% | -13.0% | |
| Q3 2019 | -2.7% | -4.1% | -2.3% | |
| Q2 2019 | -2.9% | -2.6% | -0.4% | |
| Q1 2019 | +0.6% | -1.1% | -5.5% | |
| Q4 2018 | -4.4% | -4.8% | -5.2% | |
| Q3 2018 | -2.2% | -4.1% | -4.1% | |
| Q2 2018 | -1.5% | -1.8% | -8.8% | |
| Q1 2018 | -0.7% | +0.1% | -1.4% | |
| Q4 2017 | -0.9% | -5.8% | -0.3% | |
| Q3 2017 | +0.1% | -0.4% | -1.0% | |
| Q2 2017 | +3.4% | +3.0% | +9.3% | |
| Q1 2017 | +0.0% | +1.5% | +6.7% | |
| Q4 2016 | +1.8% | +5.0% | -2.1% | |
| Q3 2016 | +5.9% | +10.5% | +5.4% | |
| Q2 2016 | -1.1% | -0.6% | +2.0% | |
| Q1 2016 | +3.2% | — | — | |
| Q4 2015 | -0.2% | — | — | |
| Q3 2015 | -1.0% | — | — | |
| Q2 2015 | -3.4% | — | — | |
| Q4 2014 | -0.3% | — | — | |
| Q1 2015 | +7.3% | — | — | |
| Q3 2014 | -3.7% | — | — | |
| Q2 2014 | -0.4% | — | — | |
| Q4 2013 | +3.6% | — | — | |
| Q1 2014 | -0.2% | — | — | |
| Q3 2013 | -2.8% | — | — | |
| Q2 2013 | -3.6% | — | — | |
| Q4 2012 | -0.0% | — | — | |
| Q1 2013 | -0.0% | — | — | |
| Q3 2012 | +4.3% | — | — | |
| Q2 2012 | -2.9% | — | — | |
| Q4 2011 | -0.6% | — | — | |
| Q1 2012 | +0.9% | — | — | |
| Q3 2011 | +0.4% | — | — | |
| Q2 2011 | -0.4% | — | — | |
| Q4 2010 | +3.9% | — | — | |
| Q1 2011 | +1.0% | — | — | |
| Q3 2010 | +0.4% | — | — | |
| Q2 2010 | +2.5% | — | — | |
| Q1 2009 | +5.2% | — | — |
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