# Credicorp Ltd. (BAP)

> Source: Nexqual · https://nexqual.com/BAP · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, Credicorp Ltd. (BAP), nexqual.com/BAP" · informational, not investment advice.

**Price:** USD 371.05 (-4.46% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 388.38 · day 364.38–388.91 · 52w 230.45–413.25 · market cap $29.5B · NYQ

## Key facts
- 3 of 80 tracked superinvestors hold BAP (13F, Q2 2026): 0 new, 1 added, 2 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 2 Form 4 filings, $1.5M; 2 not under a Rule 10b5-1 plan ($1.5M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 1.86 on a 1–5 scale) (14 analysts), mean target USD 427.48 (range 219–482).
- Total return with dividends: 1Y +50.7% vs S&P 500 +14.9%; 5Y +266.7% vs S&P 500 +80.3%.
- Next earnings: 2026-11-09, EPS estimate USD 7.38, revenue estimate $1.96B.

## Superinvestors (SEC 13F-HR, Q2 2026)
3 of 80 tracked investors hold BAP. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Sarah Ketterer | Causeway Capital Management | 1.08% | $99.5M | Added +4.2% |
| Richard Pzena | Pzena Investment Management | 0.96% | $326M | Reduced -8.3% |
| Dodge & Cox Funds | Dodge & Cox | 0.53% | $1.02B | Reduced -23.3% |

## Insider sales (SEC Form 4, open-market, last ~7 months)
0 of 2 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-06-05 | Cavero Diego Antonio | CEO Head Universal Banking | 3,500 | $1.1M | 32.4% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-21 | Perez-Reyes Alejandro | CFO | 1,073 | $362K | 38.1% | No | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Analysts
Consensus Buy (mean 1.86 on a 1–5 scale), 14 analysts; mean target USD 427.48 (low 219, high 482).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-16 | JP Morgan | Upgrade | Neutral → Overweight | $453 → $482 |
| 2026-08-20 | UBS | Target raised | Buy | $412 → $473 |
| 2026-07-16 | Goldman Sachs | Target raised | Neutral | $329 → $374 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | +50.7% | +266.7% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +50.9% | +29.6% |
| Volatility (annualized) | 34.4% | 28.0% |
| Max drawdown | -15.7% (Feb 2026→May 2026) | -32.3% (Mar 2022→Jul 2022) |

## Peers (Banks - Regional)
BBD (Banco Bradesco Sa) USD 3.95 -2.47% · FITB (Fifth Third Bancorp) USD 53.23 +0.80% · DB (Deutsche Bank AG) USD 31.48 -2.39% · TFC (Truist Financial Corporation) USD 48.42 +1.45% · NWG (NatWest Group plc) USD 16.99 -2.30% · NU (Nu Holdings Ltd.) USD 14.73 -2.13%

## More
Full page: https://nexqual.com/BAP · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $7.38 | $7.41 | -0.3% | $1.96B | 5 |
| Next quarter (ends 2026-12-31) | $7.17 | $7.26 | -1.2% | $2.05B | 4 |
| Current fiscal year (ends 2026-12-31) | $29.72 | $29.71 | +0.0% | $7.63B | 9 |
| Next fiscal year (ends 2027-12-31) | $34.24 | $34.10 | +0.4% | $8.47B | 9 |