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
Credicorp Ltd (BAP) - Net Assets
Latest net assets as of December 2025: $37.33 Billion USD
Based on the latest financial reports, Credicorp Ltd (BAP) has net assets worth $37.33 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($267.34 Billion) and total liabilities ($230.00 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $37.33 Billion |
| % of Total Assets | 13.96% |
| Annual Growth Rate | 10.97% |
| 5-Year Change | 39.14% |
| 10-Year Change | 85.59% |
| Growth Volatility | 9.23 |
Credicorp Ltd - Net Assets Trend (1997–2025)
This chart illustrates how Credicorp Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Credicorp Ltd (1997–2025)
The table below shows the annual net assets of Credicorp Ltd from 1997 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $37.33 Billion | +6.74% |
| 2024-12-31 | $34.98 Billion | +5.65% |
| 2023-12-31 | $33.11 Billion | +11.92% |
| 2022-12-31 | $29.58 Billion | +10.24% |
| 2021-12-31 | $26.83 Billion | +5.45% |
| 2020-12-31 | $25.45 Billion | -4.86% |
| 2019-12-31 | $26.75 Billion | +10.22% |
| 2018-12-31 | $24.27 Billion | +9.04% |
| 2017-12-31 | $22.25 Billion | +10.62% |
| 2016-12-31 | $20.12 Billion | +20.26% |
| 2015-12-31 | $16.73 Billion | +14.37% |
| 2014-12-31 | $14.63 Billion | +18.50% |
| 2013-12-31 | $12.34 Billion | +8.51% |
| 2012-12-31 | $11.37 Billion | +24.90% |
| 2011-12-31 | $9.11 Billion | +8.53% |
| 2010-12-31 | $8.39 Billion | +15.51% |
| 2009-12-31 | $7.26 Billion | +28.73% |
| 2008-12-31 | $5.64 Billion | +3.70% |
| 2007-12-31 | $5.44 Billion | +16.12% |
| 2006-12-31 | $4.69 Billion | +5.35% |
| 2005-12-31 | $4.45 Billion | +17.93% |
| 2004-12-31 | $3.77 Billion | +10.56% |
| 2003-12-31 | $3.41 Billion | +9.20% |
| 2002-12-31 | $3.12 Billion | -0.12% |
| 2001-12-31 | $3.13 Billion | +0.95% |
| 2000-12-31 | $3.10 Billion | +3.77% |
| 1999-12-31 | $2.99 Billion | +4.89% |
| 1998-12-31 | $2.85 Billion | +40.67% |
| 1997-12-31 | $2.02 Billion | -- |
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 1013.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $6.92 Billion | 18.89% |
| Common Stock | $1.32 Billion | 3.60% |
| Other Comprehensive Income | $28.43 Billion | 77.67% |
| Total Equity | $36.60 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 |
|---|---|
|
Vodafone Group PLC
PINK:VODPF
|
$18.08 Billion |
|
Northern Star Resources Limited
F:NS7
|
$18.08 Billion |
|
Royalty Pharma Plc
NASDAQ:RPRX
|
$18.10 Billion |
|
Hannover Rück SE
PINK:HVRRF
|
$18.13 Billion |
|
Southwest Airlines Company
NYSE:LUV
|
$18.03 Billion |
|
Daimler Truck Holding AG
PINK:DTGHF
|
$18.01 Billion |
|
Brambles Limited
PINK:BMBLF
|
$17.99 Billion |
|
Illumina Inc
NASDAQ:ILMN
|
$17.97 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 2024 to 2025, total equity changed from 34,346,451,000 to 36,604,559,000, a change of 2,258,108,000 (6.6%).
- Net income of 6,528,030,000 contributed positively to equity growth.
- Dividend payments of 2,998,917,000 reduced retained earnings.
- Share repurchases of 112,409,000 reduced equity.
- Other comprehensive income increased equity by 1,013,666,000.
- Other factors decreased equity by 2,172,262,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $6.53 Billion | +17.83% |
| Dividends Paid | $3.00 Billion | -8.19% |
| Share Repurchases | $112.41 Million | -0.31% |
| Other Comprehensive Income | $1.01 Billion | +2.77% |
| Other Changes | $-2.17 Billion | -5.93% |
| Total Change | $- | 6.57% |
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: 0.73x
- 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 13.39x to 0.73x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $24.99 | $334.58 | x |
| 1998-12-31 | $31.08 | $334.58 | x |
| 1999-12-31 | $28.09 | $334.58 | x |
| 2000-12-31 | $34.10 | $334.58 | x |
| 2001-12-31 | $34.20 | $334.58 | x |
| 2002-12-31 | $36.22 | $334.58 | x |
| 2003-12-31 | $39.58 | $334.58 | x |
| 2004-12-31 | $43.77 | $334.58 | x |
| 2005-12-31 | $51.38 | $334.58 | x |
| 2006-12-31 | $53.44 | $334.58 | x |
| 2007-12-31 | $63.00 | $334.58 | x |
| 2008-12-31 | $66.54 | $334.58 | x |
| 2009-12-31 | $84.40 | $334.58 | x |
| 2010-12-31 | $103.30 | $334.58 | x |
| 2011-12-31 | $112.12 | $334.58 | x |
| 2012-12-31 | $136.36 | $334.58 | x |
| 2013-12-31 | $148.51 | $334.58 | x |
| 2014-12-31 | $175.46 | $334.58 | x |
| 2015-12-31 | $202.59 | $334.58 | x |
| 2016-12-31 | $246.89 | $334.58 | x |
| 2017-12-31 | $273.01 | $334.58 | x |
| 2018-12-31 | $299.16 | $334.58 | x |
| 2019-12-31 | $329.28 | $334.58 | x |
| 2020-12-31 | $313.30 | $334.58 | x |
| 2021-12-31 | $329.98 | $334.58 | x |
| 2022-12-31 | $363.73 | $334.58 | x |
| 2023-12-31 | $407.50 | $334.58 | x |
| 2024-12-31 | $431.39 | $334.58 | x |
| 2025-12-31 | $458.79 | $334.58 | 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): 17.83%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.55%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 7.30x
- Recent ROE (17.83%) is above the historical average (14.28%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 14.48% | 14.99% | 0.09x | 10.50x | $90.60 Million |
| 1998 | 5.59% | 3.50% | 0.15x | 10.57x | $-110.85 Million |
| 1999 | 5.76% | 3.62% | 0.16x | 10.04x | $-112.49 Million |
| 2000 | 2.26% | 1.61% | 0.14x | 9.74x | $-213.75 Million |
| 2001 | 6.84% | 5.32% | 0.14x | 9.52x | $-86.60 Million |
| 2002 | 5.14% | 4.89% | 0.10x | 10.48x | $-140.64 Million |
| 2003 | 8.85% | 8.83% | 0.11x | 9.11x | $-36.30 Million |
| 2004 | 12.27% | 13.32% | 0.11x | 8.53x | $79.43 Million |
| 2005 | 15.28% | 16.57% | 0.10x | 9.27x | $216.37 Million |
| 2006 | 16.47% | 16.58% | 0.11x | 9.22x | $276.01 Million |
| 2007 | 20.93% | 21.29% | 0.09x | 10.56x | $549.03 Million |
| 2008 | 21.18% | 15.10% | 0.11x | 12.33x | $593.33 Million |
| 2009 | 20.28% | 19.11% | 0.11x | 9.50x | $690.96 Million |
| 2010 | 19.88% | 23.60% | 0.09x | 9.88x | $813.08 Million |
| 2011 | 20.89% | 25.08% | 0.09x | 9.04x | $972.36 Million |
| 2012 | 19.15% | 21.81% | 0.09x | 9.79x | $993.59 Million |
| 2013 | 13.00% | 14.54% | 0.09x | 9.64x | $355.16 Million |
| 2014 | 17.08% | 18.93% | 0.09x | 9.65x | $989.91 Million |
| 2015 | 19.17% | 21.44% | 0.09x | 9.64x | $1.48 Billion |
| 2016 | 17.88% | 22.87% | 0.10x | 7.96x | $1.55 Billion |
| 2017 | 18.81% | 24.98% | 0.10x | 7.84x | $1.92 Billion |
| 2018 | 16.71% | 24.02% | 0.09x | 7.44x | $1.60 Billion |
| 2019 | 16.26% | 23.77% | 0.10x | 7.16x | $1.64 Billion |
| 2020 | 1.39% | 1.90% | 0.08x | 9.52x | $-2.15 Billion |
| 2021 | 13.63% | 18.65% | 0.08x | 9.26x | $955.40 Million |
| 2022 | 16.03% | 22.53% | 0.09x | 8.17x | $1.75 Billion |
| 2023 | 14.99% | 19.18% | 0.11x | 7.36x | $1.62 Billion |
| 2024 | 16.02% | 20.38% | 0.11x | 7.46x | $2.07 Billion |
| 2025 | 17.83% | 21.55% | 0.11x | 7.30x | $2.87 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: $25,670,820,700
- Average return on equity (ROE) among peers: 9.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Credicorp Ltd (BAP) | $37.33 Billion | 14.48% | 6.16x | $18.04 Billion |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $4.91 Billion |
| ACNB Corporation (ACNB) | $2.75 Billion | 1.01% | 0.01x | $462.57 Million |
| Addiko Bank AG (ADBKF) | $839.50 Million | 5.41% | 6.63x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $120.97 Million | 6.26% | 5.51x | $79.94 Million |
| Absa Group Limited (AGRPF) | $19.52 Billion | 23.08% | 14.72x | $6.72 Billion |
| AIB Group plc (AIBGY) | $14.46 Billion | -16.17% | 8.45x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $211.22 Billion | 31.48% | 8.02x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $7.32 Billion | 8.44% | 8.89x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |