BAP Stock Summary and Trading Ideas (Credicorp Ltd. | NYSE:BAP)

Credicorp Ltd is a Peruvian financial services company. It operates in four business lines including Universal Banking, Insurance and Pensions, Microfinance, and Investment Management & Advisory. Its subsidiaries include Banco de Credito del Peru, Prima AFP, and Credicorp Capital.

Credicorp Ltd. trades on the NYSE stock market under the symbol BAP.

As of February 5, 2025, BAP stock price climbed to $187.45 with 152,153 million shares trading.

BAP has a beta of 0.49, meaning it tends to be less sensitive to market movements. BAP has a correlation of 0.09 to the broad based SPY ETF.

BAP has a market cap of $14.89 billion. This is considered a Large Cap stock.

Last quarter Credicorp Ltd. reported $1 billion in Revenue and $5.09 earnings per share. This fell short of revenue expectation by $-32 million and exceeded earnings estimates by $.52.

In the last 3 years, BAP traded as high as $200.00 and as low as $113.21.

The top ETF exchange traded funds that BAP belongs to (by Net Assets): IEMG, VYM, ILF, EMXC, EEM.

BAP has outperformed the market in the last year with a price return of +33.3% while the SPY ETF gained +23.7%. However, in the short term, BAP had mixed performance relative to the market. It has underperformed in the last 3 months, returning +3.3% vs +6.4% return in SPY. But in the last 2 weeks, BAP shares have fared better than the market returning +2.6% compared to SPY +0.2%.

BAP support price is $183.12 and resistance is $189.18 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BAP shares will trade within this expected range on the day.