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Credicorp’s Grupo Credito Sees Tax Assessment Canceled

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Credicorp’s Grupo Credito Sees Tax Assessment Canceled

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Credicorp ( (BAP) ) has shared an announcement.

On August 13, 2025, Credicorp Ltd. announced that its subsidiary, Grupo Credito S.A., has had a significant tax assessment and fine totaling S/1,577,174,872.00 canceled by the Peruvian Tax Authority. Despite this cancellation, Grupo Credito intends to pursue legal action to challenge the resolutions, indicating a proactive approach in defending its financial interests.

The most recent analyst rating on (BAP) stock is a Hold with a $225.00 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 exhibits strong financial performance and bullish technical indicators, supported by a solid valuation with a reasonable P/E ratio and attractive dividend yield. The positive sentiment from the earnings call further boosts confidence, although global trade uncertainties present minor risks.

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

More about Credicorp

Credicorp Ltd. operates in the financial services industry, primarily through its subsidiary Banco de Credito del Peru. It offers a range of banking services and products, focusing on the Peruvian market.

Average Trading Volume: 338,284

Technical Sentiment Signal: Buy

Current Market Cap: $19.96B

For a thorough assessment of BAP stock, go to TipRanks’ Stock Analysis page.

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