Credicorp Ltd. (BAP) has a MoatMap StockRank of 74/100 based on Quality (51/100), Value (40/100), and Momentum (68/100) factor scores. The current signal is BUY. As the dominant financial institution in Peru, Credicorp is a high-quality proxy play on the copper supercycle. Peru's economy is structurally tied to copper exports; a sustained rise in copper prices driven by global electrification and AI power grids will drive massive capital inflows, currency appreciation, and credit expansion. BAP's dominant retail banking franchise and digital payment moat (Yape) allow it to capture this macroeconomic tailwind with high ROE. However, persistent domestic political instability remains a drag on valuation.
Credicorp Ltd. is the leading financial services holding company in Peru, operating dominant market positions in universal banking, insurance, microfinance, and investment banking. Through its flagship subsidiary, Banco de Crédito del Perú (BCP), the company controls a commanding share of the domestic loan and deposit markets. Its competitive moat is sustained by an extensive distribution network, deep customer relationships, and a highly diversified financial services portfolio.
| Price | $349.61 |
| Market Cap | $27.1B |
| P/E (TTM) | 12.50 |
| P/E (Forward) | 9.91 |
| Price/Book | 2.25 |
| Return on Equity | 19.1% |
| Gross Margin | 0.0% |
| Operating Margin | 48.8% |
| Revenue Growth | 25.6% |
| Dividend Yield | 4.4% |
Credicorp Ltd. operates in the Banks - Regional industry, part of the Financial Services sector (Peru).