Credicorp Ltd

NYSE BAP

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Credicorp Ltd Retained Earnings To Equity Ratio 2 year CAGR for the year ending December 31, 2023: 2.45%

Credicorp Ltd Retained Earnings To Equity Ratio 2 year CAGR is 2.45% for the year ending December 31, 2023, a -98.98% change year over year. The retained earnings to equity ratio measures the proportion of a company's retained earnings to its shareholders' equity. It is calculated by dividing the retained earnings by the shareholders' equity. This ratio provides insights into the company's reinvestment of earnings and the level of retained profits relative to shareholders' equity. A higher ratio suggests a higher proportion of earnings being retained for reinvestment or future distribution to shareholders. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Credicorp Ltd Retained Earnings To Equity Ratio for the year ending December 31, 2022 was 0.16, a 19.15% change year over year.
Credicorp Ltd Retained Earnings To Equity Ratio for the year ending December 31, 2021 was 0.13, a 864.46% change year over year.
Credicorp Ltd Retained Earnings To Equity Ratio for the year ending December 31, 2020 was 0.01, a -91.65% change year over year.
Credicorp Ltd Retained Earnings To Equity Ratio for the year ending December 31, 2019 was 0.17, a -4.79% change year over year.

NYSE: BAP

Credicorp Ltd

CEO	Mr. Luis Enrique Romero Belismelis
IPO Date	Oct. 25, 1995
Location	Peru
Headquarters	Calle Centenario 156, Lima, Peru, 12
Employees	35,508
Sector	Financial Services
Industry	Banks - regional

Description

Credicorp Ltd. provides various financial, insurance, and health services and products primarily in Peru and internationally. It operates through Universal Banking, Insurance and Pensions, Microfinance, and Investment Banking and Equity Management segments. The Universal Banking segment grants various credits and financial instruments to individuals and legal entities; and various deposits and current accounts. The Insurance and Pensions segment issues insurance policies to cover losses in commercial property, transport, marine vessels, automobiles, life, health, and pensions; and management services for private pension funds. The Microfinance segment provides management of loans, deposits, and current accounts for small and microenterprises. The Investment Banking and Equity Management segment is involved in provision of brokerage and investment management services for corporations, institutional investors, governments, and foundations; structuring and placement of issues in the primary market; execution and negotiation of transactions in the secondary market; and structuring of securitization processes for corporate customers and manages mutual funds. The company was founded in 1889 and is headquartered in Lima, Peru.

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