Credicorp (NYSE:BAP) Releases Earnings Results, Misses Estimates By $0.66 EPS

Credicorp (NYSE:BAP) posted its quarterly earnings data on Monday. The bank reported $3.76 EPS for the quarter, missing the consensus estimate of $4.42 by ($0.66), Zacks reports. Credicorp had a return on equity of 15.59% and a net margin of 20.11%.

Credicorp Trading Down 0.8 %

Shares of Credicorp stock opened at $186.95 on Wednesday. Credicorp has a 12-month low of $153.27 and a 12-month high of $200.00. The firm’s 50 day simple moving average is $185.27 and its two-hundred day simple moving average is $181.58. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.66. The firm has a market capitalization of $14.87 billion, a price-to-earnings ratio of 10.72, a PEG ratio of 0.51 and a beta of 1.12.

Wall Street Analysts Forecast Growth

BAP has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. upped their price target on Credicorp from $200.00 to $219.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 12th. Bank of America lowered Credicorp from a “buy” rating to a “neutral” rating and reduced their target price for the company from $209.00 to $208.00 in a research report on Monday, December 16th.

About Credicorp

Credicorp Ltd. provides various financial, insurance, and health services and products primarily in Peru and internationally. It operates through Universal Banking, Insurance and Pensions, Microfinance, and Investment Banking and Equity Management segments. The Universal Banking segment grants various credits and financial instruments to individuals and legal entities; and various deposits and current accounts.