Credicorp Updates Dividend Policy, Sets 25% Profit Payout Benchmark

The latest announcement is out from Credicorp ( (BAP) ).

On February 26, 2026, Credicorp’s board of directors approved an amendment to the group’s dividend policy, setting a target to distribute no less than 25% of consolidated net profit in annual cash dividends, based on the latest audited financial statements. The revised policy, which becomes effective 30 days after approval, allows the board to reduce payouts below 25% if conditions such as subsidiary dividend availability, solvency, regulatory capital requirements or broader financial and economic circumstances are not met, reinforcing prudential balance-sheet management while giving investors clearer guidance on expected annual distributions.

The company emphasized that dividends will generally be paid once a year within 90 days of the board’s declaration and will not be paid on account, aligning distributions with Bermudan legal requirements that protect creditor and capital integrity. By formalizing solvency and capital preservation triggers into its payout framework, Credicorp is signaling a commitment to shareholder returns that remains explicitly subordinate to regulatory, liquidity and equity growth considerations, a stance that may reassure regulators and fixed-income stakeholders while offering equity investors a more transparent, though flexible, dividend baseline.

The most recent analyst rating on (BAP) stock is a Buy with a $369.00 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.

Overall score is driven primarily by strong fundamentals (profitability recovery, improving leverage) and a positive earnings outlook (stable NIM, growth guidance, improving asset quality, strong capital and dividend intent). Valuation is supportive with a moderate P/E and solid yield. The main offsets are cash-flow volatility and mixed near-term technical momentum.

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

More about Credicorp

Credicorp Ltd. is a Peru-based financial services holding company whose main subsidiary is Banco de Credito del Peru. It operates in banking and related financial businesses, focusing on lending, deposit-taking and other financial services across the Peruvian market and the broader Latin American region.

Average Trading Volume: 461,160

Technical Sentiment Signal: Buy

Current Market Cap: $28.03B

See more insights into BAP stock on TipRanks’ Stock Analysis page.