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Credicorp to Acquire Florida-Based Helm Bank USA for US$180 Million

Story Highlights
  • Credicorp’s BCP unit agreed on December 29, 2025 to buy 100% of Helm Bank USA for about US$180 million.
  • The acquisition of Florida-based Helm Bank, pending U.S. and Peruvian regulatory approvals, expands Credicorp’s U.S. footprint and cross-border banking reach.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Credicorp to Acquire Florida-Based Helm Bank USA for US$180 Million

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Credicorp ( (BAP) ) just unveiled an update.

On December 29, 2025, Credicorp, through its subsidiary Banco de Crédito del Perú, announced it had signed a Stock Purchase Agreement to acquire 100% of Helm Bank USA, a Florida-based community bank supervised by the state’s Office of Financial Regulation and insured by the FDIC, for a purchase price of US$180 million, subject to customary closing adjustments. As of the end of September 2025, Helm Bank held a US$648.2 million loan portfolio, US$1.14 billion in total assets, and US$106.8 million in shareholders’ equity, and the deal—conditional on regulatory approvals in the United States from the OFR and Federal Reserve and in Peru from the SBS—positions Credicorp to strengthen its presence in the U.S. banking market and broaden its cross-border capabilities for clients, though the transaction’s completion timing will depend on satisfaction of these approvals and other standard closing conditions.

The most recent analyst rating on (BAP) stock is a Buy with a $310.00 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 strong financial performance and attractive valuation are the primary drivers of its stock score. The positive sentiment from the earnings call further supports the score, despite technical indicators suggesting potential short-term weakness. Political uncertainties and cash flow challenges are risks to monitor.

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

More about Credicorp

Credicorp Ltd. is a Peru-based financial holding company whose main subsidiary, Banco de Crédito del Perú (BCP), is a leading universal bank in the Peruvian market, offering a broad range of banking and financial services across retail, commercial, and corporate segments. Through BCP and other subsidiaries, Credicorp focuses on banking, insurance, and related financial services in Peru and selectively in international markets, seeking to expand its regional footprint and capture cross-border business flows.

Average Trading Volume: 291,147

Technical Sentiment Signal: Buy

Current Market Cap: $23.18B

See more data about BAP stock on TipRanks’ Stock Analysis page.

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