Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Credicorp Ltd.: Credicorp Corrects Certain Accumulated Ratios in 2Q24 Earnings Materials and Reaffirms 1H24 Financials and 2024 Guidance By: CREDICORP LTD. C/O BANCO DE CREDITO via GlobeNewswire August 13, 2024 at 17:28 PM EDT Lima, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Lima, PERU, August 13, 2024 – Credicorp Ltd. (“Credicorp” or “the Company”) (NYSE: BAP | BVL: BAP) announces to its shareholders and the market, corrections to four ratios published in its 2Q24 Earnings Materials. These amendments are attributable to miscalculations on certain accumulated performance indicators. Below is a table including the reported and corrected indicators, presented on the Company´s 2Q24 Earnings Release. Performance IndicatorOriginally Reported FigureCorrected FigureLocation in Earnings Release1H24 ROE17.2%17.6%Pages 3 and 111H24 Funding cost3.16%2.90%Page 111H24 Operating expenses / Total average assets7.4%3.7%Page 111H23 Operating Expenses / Total average assets7.1%3.5%Page 11 The above-mentioned corrections do not affect the Company’s reported IFRS financial results nor the Company’s full year 2024 guidance, as announced on August 8, 2024. The Company will replace its quarterly materials (Earnings Release, Conference Call Presentation and Historical Consolidated Charts) to reflect the conforming corrections for the following metrics: ROE for 1H24, Funding cost for 1H24, and Operating expenses to Total average assets for 1H23 and 1H24. About Credicorp Credicorp Ltd. (NYSE: BAP) is the leading financial services holding company in Peru with presence in Chile, Colombia, Bolivia, and Panama. Credicorp has a diversified business portfolio organized into four lines of business: Universal Banking, through Banco de Credito del Peru – BCP and Banco de Credito de Bolivia; Microfinance, through Mibanco in Peru and Colombia; Insurance & Pension Funds, through Grupo Pacifico and Prima AFP; and Investment Management & Advisory, through Credicorp Capital, Wealth Management at BCP and ASB Bank Corp. For further information please contact the IR team: Investorrelations@credicorpperu.com Investor RelationsCredicorp Ltd. Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Credicorp Ltd.: Credicorp Corrects Certain Accumulated Ratios in 2Q24 Earnings Materials and Reaffirms 1H24 Financials and 2024 Guidance By: CREDICORP LTD. C/O BANCO DE CREDITO via GlobeNewswire August 13, 2024 at 17:28 PM EDT Lima, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Lima, PERU, August 13, 2024 – Credicorp Ltd. (“Credicorp” or “the Company”) (NYSE: BAP | BVL: BAP) announces to its shareholders and the market, corrections to four ratios published in its 2Q24 Earnings Materials. These amendments are attributable to miscalculations on certain accumulated performance indicators. Below is a table including the reported and corrected indicators, presented on the Company´s 2Q24 Earnings Release. Performance IndicatorOriginally Reported FigureCorrected FigureLocation in Earnings Release1H24 ROE17.2%17.6%Pages 3 and 111H24 Funding cost3.16%2.90%Page 111H24 Operating expenses / Total average assets7.4%3.7%Page 111H23 Operating Expenses / Total average assets7.1%3.5%Page 11 The above-mentioned corrections do not affect the Company’s reported IFRS financial results nor the Company’s full year 2024 guidance, as announced on August 8, 2024. The Company will replace its quarterly materials (Earnings Release, Conference Call Presentation and Historical Consolidated Charts) to reflect the conforming corrections for the following metrics: ROE for 1H24, Funding cost for 1H24, and Operating expenses to Total average assets for 1H23 and 1H24. About Credicorp Credicorp Ltd. (NYSE: BAP) is the leading financial services holding company in Peru with presence in Chile, Colombia, Bolivia, and Panama. Credicorp has a diversified business portfolio organized into four lines of business: Universal Banking, through Banco de Credito del Peru – BCP and Banco de Credito de Bolivia; Microfinance, through Mibanco in Peru and Colombia; Insurance & Pension Funds, through Grupo Pacifico and Prima AFP; and Investment Management & Advisory, through Credicorp Capital, Wealth Management at BCP and ASB Bank Corp. For further information please contact the IR team: Investorrelations@credicorpperu.com Investor RelationsCredicorp Ltd.
Lima, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Lima, PERU, August 13, 2024 – Credicorp Ltd. (“Credicorp” or “the Company”) (NYSE: BAP | BVL: BAP) announces to its shareholders and the market, corrections to four ratios published in its 2Q24 Earnings Materials. These amendments are attributable to miscalculations on certain accumulated performance indicators. Below is a table including the reported and corrected indicators, presented on the Company´s 2Q24 Earnings Release. Performance IndicatorOriginally Reported FigureCorrected FigureLocation in Earnings Release1H24 ROE17.2%17.6%Pages 3 and 111H24 Funding cost3.16%2.90%Page 111H24 Operating expenses / Total average assets7.4%3.7%Page 111H23 Operating Expenses / Total average assets7.1%3.5%Page 11 The above-mentioned corrections do not affect the Company’s reported IFRS financial results nor the Company’s full year 2024 guidance, as announced on August 8, 2024. The Company will replace its quarterly materials (Earnings Release, Conference Call Presentation and Historical Consolidated Charts) to reflect the conforming corrections for the following metrics: ROE for 1H24, Funding cost for 1H24, and Operating expenses to Total average assets for 1H23 and 1H24. About Credicorp Credicorp Ltd. (NYSE: BAP) is the leading financial services holding company in Peru with presence in Chile, Colombia, Bolivia, and Panama. Credicorp has a diversified business portfolio organized into four lines of business: Universal Banking, through Banco de Credito del Peru – BCP and Banco de Credito de Bolivia; Microfinance, through Mibanco in Peru and Colombia; Insurance & Pension Funds, through Grupo Pacifico and Prima AFP; and Investment Management & Advisory, through Credicorp Capital, Wealth Management at BCP and ASB Bank Corp. For further information please contact the IR team: Investorrelations@credicorpperu.com Investor RelationsCredicorp Ltd.