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Credicorp Explains Non-Disclosure of Supreme Court Ruling in Ongoing Dispute With Peruvian Market Regulator

Story Highlights
  • Credicorp detailed its response to the SMV over an ongoing court dispute about a 2021 sanction tied to undisclosed political contributions and confirmed the related fine was paid and booked in 2021 financial statements.
  • The company said a November 26, 2025 Supreme Court appellate ruling against its nullity claim, notified on January 29, 2026, was not disclosed as a material event because it remains appealable until February 12 and is therefore not yet final.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Credicorp Explains Non-Disclosure of Supreme Court Ruling in Ongoing Dispute With Peruvian Market Regulator

Meet Samuel – Your Personal Investing Prophet

An announcement from Credicorp ( (BAP) ) is now available.

On February 9, 2026, Credicorp reported that it had responded to a request from Peru’s Superintendency of the Securities Market (SMV) for information on an ongoing judicial proceeding over the nullity of an administrative act brought by the company against the regulator. The case stems from a 2021 SMV sanction and fine related to past non-disclosure of political contributions, which Credicorp paid in December 2021 and has already reflected in its 2021 audited financial statements.

Credicorp disclosed that the Permanent Civil Chamber of the Supreme Court upheld on November 26, 2025, a 2023 first-instance ruling rejecting its nullity claim, and that this appellate decision was formally notified to the company on January 29, 2026. The group argued it had not treated that ruling as a material event because it is not yet final: Credicorp retains the right to file a cassation appeal with the Supreme Court’s Constitutional and Social Chamber until February 12, 2026, and is evaluating that option, while maintaining that only a judgment closing all remedies would trigger mandatory market disclosure under current SMV guidance.

The most recent analyst rating on (BAP) stock is a Buy with a $412.00 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.

The score is driven primarily by strong profitability and balance sheet resilience, with supportive earnings-call guidance and improving asset quality. Technicals are positive but appear overbought, while valuation is reasonable with a strong dividend yield; revenue decline and weak cash conversion remain the main risks.

To see Spark’s full report on BAP stock, click here.

More about Credicorp

Credicorp Ltd. is a Peru-focused financial holding company whose main subsidiary is Banco de Crédito del Perú, a leading universal bank in the country. The group operates across retail and corporate banking, insurance, asset management and related financial services, with its securities listed in the public securities market and supervised by the Peruvian Superintendency of the Securities Market.

Average Trading Volume: 389,459

Technical Sentiment Signal: Buy

Current Market Cap: $28.1B

For an in-depth examination of BAP stock, go to TipRanks’ Overview page.

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