Credicorp Ups ROE on Digital Gains

Credicorp(NYSE:BAP) reported Q2 2025 results on August 14, 2025, delivering a 20.7% return on equity (ROE) and raising full-year ROE guidance to approximately 19%. The quarter featured robust digital revenue growth, accelerating retail loan origination, and strong capital positions, while a one-time PEN 1.6 billion tax payment temporarily constrained extraordinary dividends.Management increased its loan growth forecast to 6.5% year over year (end-of-period), driven by retail and microfinance expansion at Banco de Crédito del Perú (BCP) and Mibanco. Risk-adjusted net interest margin (NIM) reached a record 5.44% for the quarter, reflecting improved asset quality and a favorable funding mix.This upward revision in sustainable ROE and efficiency targets signals Credicorp’s confidence in balancing accelerated retail risk-taking, digital investment, and disciplined cost management to drive higher long-term returns.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool