Equities research analysts expect that Credicorp Ltd. (NYSE:BAP) will report $4.00 earnings per share for the current quarter, Zacks Investment Research reports. Zero analysts have made estimates for Credicorp’s earnings, with the highest EPS estimate coming in at $4.01 and the lowest estimate coming in at $3.99. The firm is expected to announce its next earnings report on Thursday, November 8th.

On average, analysts expect that Credicorp will report full year earnings of $15.77 per share for the current fiscal year, with EPS estimates ranging from $15.71 to $15.83. For the next year, analysts anticipate that the firm will post earnings of $17.74 per share, with EPS estimates ranging from $17.65 to $17.83. Zacks Investment Research’s earnings per share averages are an average based on a survey of analysts that that provide coverage for Credicorp.

Credicorp (NYSE:BAP) last released its quarterly earnings data on Thursday, August 9th. The bank reported $3.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.74 by $0.02. The firm had revenue of $955.13 million during the quarter. Credicorp had a return on equity of 19.48% and a net margin of 26.81%.

A number of research firms recently issued reports on BAP. Zacks Investment Research cut Credicorp from a “buy” rating to a “hold” rating in a research report on Monday, July 16th. Credit Suisse Group raised their target price on Credicorp from $240.00 to $258.00 and gave the company an “outperform” rating in a report on Friday, May 25th. Finally, ValuEngine lowered Credicorp from a “buy” rating to a “hold” rating in a report on Thursday, May 17th. Six research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Credicorp has an average rating of “Hold” and a consensus price target of $252.00.

BAP opened at $212.65 on Tuesday. The firm has a market cap of $16.94 billion, a P/E ratio of 13.51, a PEG ratio of 1.25 and a beta of 0.92. Credicorp has a 1 year low of $189.69 and a 1 year high of $239.54. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.89.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Janney Montgomery Scott LLC raised its holdings in Credicorp by 14.8% during the second quarter. Janney Montgomery Scott LLC now owns 2,192 shares of the bank’s stock valued at $493,000 after buying an additional 283 shares in the last quarter. Aviva PLC raised its holdings in Credicorp by 1.8% during the second quarter. Aviva PLC now owns 16,969 shares of the bank’s stock valued at $3,820,000 after buying an additional 300 shares in the last quarter. Commonwealth Bank of Australia increased its stake in shares of Credicorp by 3.3% in the second quarter. Commonwealth Bank of Australia now owns 9,469 shares of the bank’s stock worth $2,125,000 after purchasing an additional 300 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Credicorp by 1.1% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 36,673 shares of the bank’s stock worth $8,256,000 after purchasing an additional 400 shares during the period. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its stake in shares of Credicorp by 5.4% in the second quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 7,873 shares of the bank’s stock worth $1,772,000 after purchasing an additional 403 shares during the period. Institutional investors own 66.66% of the company’s stock.

About Credicorp

Credicorp Ltd., through its banking and non-banking subsidiaries, provides a range of financial, insurance, and health services and products primarily in Peru and internationally. It operates through four segments: Banking, Insurance, Pension Funds, and Investment Banking. The company offers deposits, current accounts, loans, and credit facilities; and provides private pension fund management services to affiliated pensioners.

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