Credicorp

Credicorp reported Q2 return on equity of 20.3%, raised its medium-term ROE expectation to about 22% and affirmed 2026 ROE guidance near 19.5% with upside potential. Loans grew 13.1% year over year and management lifted its 2026 loan‑growth outlook to around 12% and fee‑income growth to the high teens, driven by momentum at BCP and Mibanco. The group booked PEN 106 million of provisions related to El Niño and warned the weather event could slow loan and fee‑income growth if it worsens. Digital platform Yape expanded to over 16 million monthly active users and PEN 1.8 billion in loans, boosting fee and digital revenue contributions. » Mere på finance.yahoo.com

Credicorp reported Q1 2026 EPS of $7.55 versus an expected $7.18 (+5.15%), while revenue of $1.78bn missed the $1.82bn forecast by 2.2%. The company posted a record net income, a return on equity of 21.1% and raised its dividend. The stock dipped slightly in after-hours trading as investors weighed strong profitability against the revenue shortfall. Credicorp expects EPS between $7.23 and $7.66 for upcoming quarters and sees revenue growth through 2027, supported by investments in digital platforms. » Mere på de.investing.com

Credicorp reported record Q1 net income with a 21.1% ROE, 8.2% year‑over‑year loan balance growth and a net interest margin of 6.6%. Management declared a record ordinary dividend of PEN 50 and highlighted double‑digit growth in net interest income, fee income and FX gains alongside improved asset quality and a lower cost of risk. Digital platform Yape reached 16.4 million monthly active users, lifted revenue per user 65% year‑over‑year and increased its contribution to fee and risk‑adjusted income. Guidance for 2026 was reaffirmed (Peru GDP ~3.5%, NIM 6.4%–6.7%, loan growth ~8.5%), while management noted risks from Peru’s election, El Niño and global uncertainty. » Mere på finance.yahoo.com