Credicorp Ltd. announced its fourth-quarter financial results, reporting a net profit of $468.8 million, or $5.88 per share, missing analyst expectations. However, the Peruvian financial institution’s net revenue of $1.8 billion, derived from $2.18 billion in total revenue, surpassed forecasts. For the full year, Credicorp posted a total profit of $1.94 billion ($24.35 per share) and $6.55 billion in revenue, with its stock price rising 19% year-to-date and 85% over the past year.
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Credicorp: Q4 Financial Results Overview
Credicorp Ltd. announced its fourth-quarter financial results, reporting a net profit of $468.8 million, or $5.88 per share, missing analyst expectations. However, the Peruvian financial institution’s net revenue of $1.8 billion, derived from $2.18 billion in total revenue, surpassed forecasts. For the full year, Credicorp posted a total profit of $1.94 billion ($24.35 per share) and $6.55 billion in revenue, with its stock price rising 19% year-to-date and 85% over the past year.