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Credicorp ( (BAP) ) just unveiled an announcement.
On August 18, 2025, Credicorp Ltd. addressed misleading information published in a Peruvian newspaper, clarifying that while no extraordinary cash dividends will be distributed for the remainder of the year due to a payment to the tax authority Sunat, regular dividend policies remain unchanged. The payment of S/1.577 billion relates to a tax dispute, which Credicorp plans to challenge, and while it impacts cash flow, it does not affect the company’s operational results. The company maintains a positive outlook on its business performance, with growth in retail banking and expectations for its digital platform, Yape, to become a significant business line.
The most recent analyst rating on (BAP) stock is a Buy with a $281.00 price target. To see the full list of analyst forecasts on Credicorp stock, see the BAP Stock Forecast page.
Spark’s Take on BAP Stock
According to Spark, TipRanks’ AI Analyst, BAP is a Outperform.
Credicorp’s overall stock score is driven by strong financial performance and attractive valuation, supported by a solid dividend yield. Despite bullish technical indicators, overbought conditions suggest caution. The earnings call highlights robust performance but also notes challenges such as a tax dispute and high efficiency ratios. The company remains fundamentally strong with opportunities for growth through digital transformation.
To see Spark’s full report on BAP stock, click here.
More about Credicorp
Credicorp Ltd. is a leading financial services holding company in Peru, primarily engaged in banking, insurance, and wealth management through its subsidiaries, including Banco de Crédito del Perú. The company focuses on providing a wide range of financial products and services to both retail and corporate clients in the Peruvian market.
Average Trading Volume: 345,234
Technical Sentiment Signal: Buy
Current Market Cap: $20.14B
See more insights into BAP stock on TipRanks’ Stock Analysis page.