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Fitch Affirms Credicorp’s ‘BBB’ Rating with Stable Outlook

Story Highlights
  • Credicorp Ltd.’s Long Term Foreign Currency rating was affirmed at ‘BBB’ with a stable outlook by Fitch Ratings on July 1, 2025.
  • The rating reflects Credicorp’s strong liquidity management, low double leverage, and consistent performance supported by its subsidiaries.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Fitch Affirms Credicorp’s ‘BBB’ Rating with Stable Outlook

Elevate Your Investing Strategy:

Credicorp ( (BAP) ) has provided an announcement.

On July 1, 2025, Fitch Ratings affirmed Credicorp Ltd.’s Long Term Foreign Currency rating at ‘BBB’ with a stable outlook, reflecting the company’s strong liquidity management and low double leverage. This affirmation underscores Credicorp’s consistent performance and robust corporate strategy, supported by substantial dividend flows from its subsidiaries, particularly BCP. The rating update, disclosed in compliance with Peruvian law, highlights Credicorp’s solid industry positioning and the potential implications for its stakeholders, as the ratings are closely tied to the performance of its main subsidiary.

The most recent analyst rating on (BAP) stock is a Sell with a $160.00 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 bolstered by strong financial performance, particularly in profitability and equity utilization, and positive market sentiment following a robust earnings call. The stock’s technical indicators suggest bullish momentum, although caution is advised due to near-overbought conditions. The attractive valuation and high dividend yield further enhance the investment appeal. However, challenges in revenue growth and cash flow stability need addressing to sustain long-term value.

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

More about Credicorp

Credicorp Ltd. is a non-operating holding company that integrates a diverse business platform, including leading banking, insurance, pension, and asset and wealth management companies in Peru and Bolivia. It also operates in the microfinance sector in Peru and Colombia, with its main subsidiary being Banco de Credito del Peru (BCP), which significantly contributes to its strong business and financial profile.

Average Trading Volume: 333,776

Technical Sentiment Signal: Buy

Current Market Cap: $17.71B

Find detailed analytics on BAP stock on TipRanks’ Stock Analysis page.

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