Credicorp Ltd (D8V) - Net Assets
Based on the latest financial reports, Credicorp Ltd (D8V) has net assets worth €37.26 Billion EUR (≈ $43.56 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€255.30 Billion ≈ $298.47 Billion USD) and total liabilities (€218.04 Billion ≈ $254.92 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Credicorp Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €37.26 Billion |
| % of Total Assets | 14.59% |
| Annual Growth Rate | 7.16% |
| 5-Year Change | 37.46% |
| 10-Year Change | N/A |
| Growth Volatility | 5.0 |
Credicorp Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Credicorp Ltd's net assets have evolved over time, based on quarterly financial data. Also explore D8V total assets for the complete picture of this company's asset base.
Annual Net Assets for Credicorp Ltd (2016–2024)
The table below shows the annual net assets of Credicorp Ltd from 2016 to 2024. For live valuation and market cap data, see D8V market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €34.98 Billion ≈ $40.89 Billion |
+5.65% |
| 2023-12-31 | €33.11 Billion ≈ $38.71 Billion |
+11.92% |
| 2022-12-31 | €29.58 Billion ≈ $34.58 Billion |
+9.40% |
| 2021-12-31 | €27.04 Billion ≈ $31.61 Billion |
+6.26% |
| 2020-12-31 | €25.45 Billion ≈ $29.75 Billion |
-4.86% |
| 2019-12-31 | €26.75 Billion ≈ $31.27 Billion |
+10.22% |
| 2018-12-31 | €24.27 Billion ≈ $28.37 Billion |
+9.04% |
| 2017-12-31 | €22.25 Billion ≈ $26.02 Billion |
+10.62% |
| 2016-12-31 | €20.12 Billion ≈ $23.52 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Credicorp Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 60.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €5.64 Billion | 16.43% |
| Other Components | €28.70 Billion | 83.57% |
| Total Equity | €34.35 Billion | 100.00% |
Credicorp Ltd Competitors by Market Cap
The table below lists competitors of Credicorp Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shriram Finance Limited
NSE:SHRIRAMFIN
|
$23.85 Billion |
|
Bridgestone Corporation
F:BGTA
|
$23.85 Billion |
|
Semiconductor Manufacturing International Corporation
F:MKN2
|
$23.85 Billion |
|
Compagnie Generale des Etablissements Michelin SCA
PA:ML
|
$23.87 Billion |
|
Coterra Energy Inc
NYSE:CTRA
|
$23.80 Billion |
|
Flex Ltd
F:FXI
|
$23.78 Billion |
|
Hana Financial
KO:086790
|
$23.75 Billion |
|
Bunge Limited
NYSE:BG
|
$23.75 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Credicorp Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 32,460,004,000 to 34,346,451,000, a change of 1,886,447,000 (5.8%).
- Net income of 5,501,254,000 contributed positively to equity growth.
- Dividend payments of 3,664,648,000 reduced retained earnings.
- Share repurchases of 110,894,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €5.50 Billion | +16.02% |
| Dividends Paid | €3.66 Billion | -10.67% |
| Share Repurchases | €110.89 Million | -0.32% |
| Other Changes | €160.74 Million | +0.47% |
| Total Change | €- | 5.81% |
Book Value vs Market Value Analysis
This analysis compares Credicorp Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.64x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.01x to 0.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €273.74 | €276.00 | x |
| 2018-12-31 | €299.87 | €276.00 | x |
| 2019-12-31 | €328.96 | €276.00 | x |
| 2020-12-31 | €312.76 | €276.00 | x |
| 2021-12-31 | €333.16 | €276.00 | x |
| 2022-12-31 | €365.12 | €276.00 | x |
| 2023-12-31 | €408.32 | €276.00 | x |
| 2024-12-31 | €432.38 | €276.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Credicorp Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 16.02%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 25.59%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 7.46x
- Recent ROE (16.02%) is above the historical average (14.61%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 17.88% | 28.09% | 0.08x | 7.96x | €1.55 Billion |
| 2017 | 18.81% | 30.63% | 0.08x | 7.84x | €1.92 Billion |
| 2018 | 16.71% | 29.54% | 0.08x | 7.44x | €1.60 Billion |
| 2019 | 16.26% | 28.93% | 0.08x | 7.16x | €1.64 Billion |
| 2020 | 1.39% | 2.56% | 0.06x | 9.52x | €-2.15 Billion |
| 2021 | 13.53% | 24.65% | 0.06x | 9.24x | €934.91 Million |
| 2022 | 15.95% | 26.80% | 0.07x | 8.15x | €1.73 Billion |
| 2023 | 14.99% | 24.64% | 0.08x | 7.36x | €1.62 Billion |
| 2024 | 16.02% | 25.59% | 0.08x | 7.46x | €2.07 Billion |
Industry Comparison
This section compares Credicorp Ltd's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $4,686,456,747,900
- Average return on equity (ROE) among peers: 9.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Credicorp Ltd (D8V) | €37.26 Billion | 17.88% | 5.85x | $23.81 Billion |
| Grupo Supervielle S.A (189A) | $53.42 Billion | -1.61% | 6.34x | $610.24 Million |
| Bank of Zhengzhou Co. Ltd (3BZ) | $39.89 Billion | 8.24% | 11.55x | $252.75 Million |
| Manx Financial Group PLC (3IM) | $37.31 Million | 21.71% | 12.34x | $31.55 Million |
| Postal Savings Bank of China Co Ltd (3YB) | $544.88 Billion | 11.18% | 17.75x | $12.54 Billion |
| PO.S.B.O. UNSP.ADRS/20YC1 (3YB0) | $1.03 Trillion | 8.38% | 15.56x | $13.93 Billion |
| TISCO Financial Group Public Company Limited (47TA) | $34.73 Billion | 17.53% | 7.74x | $2.49 Billion |
| Bank of Qingdao Co. Ltd (4BQ) | $26.12 Billion | 7.27% | 10.72x | $1.47 Billion |
| Harbin Bank Co. Ltd (5H6) | $42.41 Billion | 12.38% | 12.31x | $137.86 Million |
| JAPAN POST BK UNSP.ADR/1 (5JP0) | $9.65 Trillion | 3.37% | 22.79x | $53.42 Billion |
| Grupo Aval Acciones y Valores S.A (6GAA) | $35.44 Trillion | 6.63% | 8.11x | $1.61 Billion |
About Credicorp Ltd
Credicorp Ltd., together with its subsidiaries, provides various banking services and products in Peru, Bermuda, Colombia, Bolivia, Panama, Chile, the United States, the Cayman Islands, and Mexico. It operates through Universal Banking; Insurance, Medical Services, and Pensions; Microfinance; and Investment Management and Advisory segments. The company grants various credits and financial instrum… Read more