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Banco de Crédito del Perú

BVL:CREDITC1
Snowflake Description

Excellent balance sheet with questionable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CREDITC1
BVL
PEN49B
Market Cap
  1. Home
  2. PE
  3. Banks
Company description

Banco de Credito del Peru provides banking services to individuals, small-sized companies, and corporate customers in Peru. The last earnings update was 70 days ago. More info.


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CREDITC1 Share Price and Events
7 Day Returns
-1%
BVL:CREDITC1
-0.3%
PE Banks
-1.6%
PE Market
1 Year Returns
-10.7%
BVL:CREDITC1
-20.8%
PE Banks
-19.3%
PE Market
CREDITC1 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Banco de Crédito del Perú (CREDITC1) -1% -7.8% -11.2% -10.7% 6.5% 82.9%
PE Banks -0.3% -14.9% -18.2% -20.8% 1% 54.2%
PE Market -1.6% -12.3% -17.8% -19.3% -8.8% 11.3%
1 Year Return vs Industry and Market
  • CREDITC1 outperformed the Banks industry which returned -20.8% over the past year.
  • CREDITC1 outperformed the Market in Peru which returned -19.3% over the past year.
Price Volatility
CREDITC1
Industry
5yr Volatility vs Market

Value

 Is Banco de Crédito del Perú undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Banco de Crédito del Perú to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Banco de Crédito del Perú.

BVL:CREDITC1 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= PEN1.50 * 21.1%
PEN0.32
Book Value of Equity per Share Median Book Value from the past 5 years. PEN1.50
Discount Rate (Cost of Equity) See below 13.2%
Perpetual Growth Rate 10-Year PE Government Bond Rate 7.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BVL:CREDITC1
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year PE Govt Bond Rate 7.5%
Equity Risk Premium S&P Global 7%
Banks Unlevered Beta Simply Wall St/ S&P Global 0.55
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.555 (1 + (1- 29.5%) (48.96%))
0.83
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.83
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.47% + (0.83 * 6.96%)
13.25%

Discounted Cash Flow Calculation for BVL:CREDITC1 using Excess Returns Model Model

The calculations below outline how an intrinsic value for Banco de Crédito del Perú is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

BVL:CREDITC1 Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (21.1% – 13.25%) * PEN1.50)
PEN0.12
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= PEN0.12 / (13.25% - 7.47%)
PEN2.05
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= PEN1.50 + PEN2.05
PEN3.55
BVL:CREDITC1 Discount to Share Price
Calculation Result
Value per share (PEN) From above. PEN3.55
Current discount Discount to share price of PEN4.75
= -1 x (PEN4.75 - PEN3.55) / PEN3.55
-33.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Banco de Crédito del Perú is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Banco de Crédito del Perú's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Banco de Crédito del Perú's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BVL:CREDITC1 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in PEN PEN0.36
BVL:CREDITC1 Share Price ** BVL (2020-04-08) in PEN PEN4.75
Peru Banks Industry PE Ratio Median Figure of 8 Publicly-Listed Banks Companies 10.52x
Peru Market PE Ratio Median Figure of 67 Publicly-Listed Companies 10.62x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Banco de Crédito del Perú.

BVL:CREDITC1 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BVL:CREDITC1 Share Price ÷ EPS (both in PEN)

= 4.75 ÷ 0.36

13.38x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Banco de Crédito del Perú is overvalued based on earnings compared to the PE Banks industry average.
  • Banco de Crédito del Perú is overvalued based on earnings compared to the Peru market.
Price based on expected Growth
Does Banco de Crédito del Perú's expected growth come at a high price?
Raw Data
BVL:CREDITC1 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.38x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
South America Banks Industry PEG Ratio Median Figure of 25 Publicly-Listed Banks Companies 0.68x
Peru Market PEG Ratio Median Figure of 6 Publicly-Listed Companies 0.92x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Banco de Crédito del Perú, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Banco de Crédito del Perú's assets?
Raw Data
BVL:CREDITC1 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in PEN PEN1.85
BVL:CREDITC1 Share Price * BVL (2020-04-08) in PEN PEN4.75
Peru Banks Industry PB Ratio Median Figure of 9 Publicly-Listed Banks Companies 1.55x
Peru Market PB Ratio Median Figure of 87 Publicly-Listed Companies 0.94x
BVL:CREDITC1 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BVL:CREDITC1 Share Price ÷ Book Value per Share (both in PEN)

= 4.75 ÷ 1.85

2.57x

* Primary Listing of Banco de Crédito del Perú.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Banco de Crédito del Perú is overvalued based on assets compared to the PE Banks industry average.
X
Value checks
We assess Banco de Crédito del Perú's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. Banco de Crédito del Perú has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Banco de Crédito del Perú expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Banco de Crédito del Perú has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
9.1%
Expected Banks industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Banco de Crédito del Perú expected to grow at an attractive rate?
  • Unable to compare Banco de Crédito del Perú's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Banco de Crédito del Perú's earnings growth to the Peru market average as no estimate data is available.
  • Unable to compare Banco de Crédito del Perú's revenue growth to the Peru market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BVL:CREDITC1 Future Growth Rates Data Sources
Data Point Source Value (per year)
South America Banks Industry Earnings Growth Rate Market Cap Weighted Average 9.1%
South America Banks Industry Revenue Growth Rate Market Cap Weighted Average 11.8%
Peru Market Earnings Growth Rate Market Cap Weighted Average 23.9%
Peru Market Revenue Growth Rate Market Cap Weighted Average 5.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BVL:CREDITC1 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in PEN Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BVL:CREDITC1 Past Financials Data
Date (Data in PEN Millions) Revenue Cash Flow Net Income *
2019-12-31 9,849 4,674 3,628
2019-09-30 9,862 4,255 3,649
2019-06-30 9,657 6,713 3,536
2019-03-31 9,432 5,785 3,407
2018-12-31 9,278 4,079 3,350
2018-09-30 8,960 5,971 3,263
2018-06-30 8,909 6,053 3,240
2018-03-31 8,751 6,129 3,176
2017-12-31 8,564 6,874 3,026
2017-09-30 8,571 -12,195 3,044
2017-06-30 8,443 -4,636 2,976
2017-03-31 8,287 737 2,834

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Banco de Crédito del Perú is high growth as no earnings estimate data is available.
  • Unable to determine if Banco de Crédito del Perú is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BVL:CREDITC1 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Banco de Crédito del Perú Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BVL:CREDITC1 Past Financials Data
Date (Data in PEN Millions) EPS *
2019-12-31 0.36
2019-09-30 0.36
2019-06-30 0.35
2019-03-31 0.34
2018-12-31 0.33
2018-09-30 0.32
2018-06-30 0.32
2018-03-31 0.31
2017-12-31 0.30
2017-09-30 0.30
2017-06-30 0.29
2017-03-31 0.28

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Banco de Crédito del Perú will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Banco de Crédito del Perú's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Banco de Crédito del Perú's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Banks companies here
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Banco de Crédito del Perú's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the South America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the South America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Banco de Crédito del Perú has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Banco de Crédito del Perú performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Banco de Crédito del Perú's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Banco de Crédito del Perú's year on year earnings growth rate has been positive over the past 5 years.
  • Banco de Crédito del Perú's 1-year earnings growth is less than its 5-year average (8.3% vs 10.1%)
  • Banco de Crédito del Perú's earnings growth has not exceeded the PE Banks industry average in the past year (8.3% vs 14.9%).
Earnings and Revenue History
Banco de Crédito del Perú's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Banco de Crédito del Perú Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BVL:CREDITC1 Past Revenue, Cash Flow and Net Income Data
Date (Data in PEN Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 9,848.84 3,627.58 4,994.74
2019-09-30 9,861.96 3,648.58 4,952.56
2019-06-30 9,657.15 3,535.63 4,866.98
2019-03-31 9,431.68 3,406.90 4,772.11
2018-12-31 9,277.58 3,350.15 4,692.24
2018-09-30 8,959.54 3,262.71 4,542.97
2018-06-30 8,908.95 3,240.37 4,457.57
2018-03-31 8,751.32 3,176.14 4,430.94
2017-12-31 8,564.48 3,025.95 4,416.50
2017-09-30 8,571.30 3,043.72 3,784.39
2017-06-30 8,442.73 2,976.45 3,781.99
2017-03-31 8,287.15 2,834.04 3,752.24
2016-12-31 8,239.26 2,805.10 3,718.27
2016-09-30 8,277.96 2,698.26 3,802.55
2016-06-30 8,058.26 2,605.54 3,746.96
2016-03-31 7,942.93 2,596.00 3,694.07
2015-12-31 8,085.98 2,727.90 3,661.59
2015-09-30 7,914.24 2,524.96 4,041.84
2015-06-30 7,792.27 2,448.68 3,899.29
2015-03-31 7,528.36 2,268.29 3,764.04
2014-12-31 6,630.21 1,839.67 3,383.61
2014-09-30 6,559.24 1,885.98 3,204.75
2014-06-30 6,230.44 1,720.04 3,080.85
2014-03-31 6,020.16 1,681.82 2,969.68
2013-12-31 5,765.57 1,640.55 2,925.63
2013-09-30 5,306.19 1,569.69 3,145.91
2013-06-30 5,202.87 1,541.69 3,126.33

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Banco de Crédito del Perú has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Banco de Crédito del Perú used its assets more efficiently than the PE Banks industry average last year based on Return on Assets.
  • Unable to establish if Banco de Crédito del Perú improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Banco de Crédito del Perú's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Banco de Crédito del Perú has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Banco de Crédito del Perú's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Banco de Crédito del Perú's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Banco de Crédito del Perú Company Filings, last reported 3 months ago.

BVL:CREDITC1 Past Debt and Equity Data
Date (Data in PEN Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 19,025.40 23,761.62 33,136.56
2019-09-30 18,217.95 31,738.70 34,485.12
2019-06-30 17,723.29 32,139.57 32,832.47
2019-03-31 16,668.60 29,148.38 32,384.00
2018-12-31 17,135.81 30,562.96 30,478.44
2018-09-30 16,347.68 29,110.97 26,793.49
2018-06-30 15,479.94 29,318.86 28,674.96
2018-03-31 14,746.28 31,076.41 32,429.67
2017-12-31 15,391.24 35,038.00 32,366.43
2017-09-30 14,623.41 23,394.03 39,545.48
2017-06-30 13,799.64 23,077.75 38,338.97
2017-03-31 13,053.88 22,676.82 31,348.88
2016-12-31 13,770.70 36,816.40 22,548.56
2016-09-30 13,033.69 22,992.91 29,350.16
2016-06-30 12,222.19 23,165.57 32,783.26
2016-03-31 11,609.39 24,080.72 38,421.60
2015-12-31 12,085.55 36,716.62 28,543.55
2015-09-30 11,350.15 37,432.55 34,146.79
2015-06-30 10,732.13 36,210.73 30,356.18
2015-03-31 10,111.64 33,463.41 29,316.24
2014-12-31 9,942.22 30,944.43 26,707.03
2014-09-30 9,538.88 30,855.24 31,449.13
2014-06-30 9,131.75 25,913.19 28,744.14
2014-03-31 8,703.33 25,164.93 29,773.48
2013-12-31 8,212.49 23,327.03 28,166.18
2013-09-30 7,805.43 22,233.49 21,959.72
2013-06-30 7,326.67 23,311.98 21,210.90
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Banco de Crédito del Perú has an acceptable proportion of non-loan assets held.
  • Banco de Crédito del Perú's liabilities are made up of primarily low risk sources of funding.
  • Loans at Banco de Crédito del Perú are broadly funded by customer deposits.
  • Banco de Crédito del Perú's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).
  • Banco de Crédito del Perú has a sufficient allowance for bad loans.
  • Banco de Crédito del Perú has a high level of bad loans (greater than 2%).
X
Financial health checks
We assess Banco de Crédito del Perú's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Banco de Crédito del Perú has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Banco de Crédito del Perú's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Banco de Crédito del Perú dividends.
If you bought PEN2,000 of Banco de Crédito del Perú shares you are expected to receive PEN0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Banco de Crédito del Perú's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Banco de Crédito del Perú's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BVL:CREDITC1 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
South America Banks Industry Average Dividend Yield Market Cap Weighted Average of 46 Stocks 6.3%
Peru Market Average Dividend Yield Market Cap Weighted Average of 32 Stocks 5%
Peru Minimum Threshold Dividend Yield 10th Percentile 1.2%
Peru Bottom 25% Dividend Yield 25th Percentile 3.1%
Peru Top 25% Dividend Yield 75th Percentile 11.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BVL:CREDITC1 Past Annualized Dividends Data
Date (Data in PEN) Dividend per share (annual) Avg. Yield (%)
2018-02-28 0.143 2.798
2017-03-31 0.143 3.220
2016-04-01 0.115 3.409
2015-03-31 0.037 1.591
2014-04-02 0.033 1.405
2011-02-22 0.049 2.902
2011-01-27 0.049 2.315
2010-03-30 0.057 3.268

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Banco de Crédito del Perú has not reported any payouts.
  • Unable to verify if Banco de Crédito del Perú's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Banco de Crédito del Perú's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Banco de Crédito del Perú has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Banco de Crédito del Perú's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Banco de Crédito del Perú afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Banco de Crédito del Perú has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Banco de Crédito del Perú's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Gianfranco Piero Dario Ferrari de Las Casas
TENURE AS CEO 2 years
CEO Bio

Mr. Gianfranco Piero Dario Ferrari de Las Casas has been Deputy Chief Executive Officer and Head of Universal Banking of Credicorp Ltd. since April 1, 2018. Mr. Ferrari de Las Casas serves as the Chief Executive Officer of Banco de Credito del Peru since April 1, 2018. Mr. Ferrari de Las Casas served as Deputy Chief Executive Officer of Banco de Credito del Peru from October 1, 2017 to April 1, 2018. He served as Central Manager of Retail Banking and Wealth Management at Banco de Credito del Peru. He has worked at Credicorp Ltd. since 1995. Mr. Ferrari de Las Casas served as Central Manager of Retail Banking and Executive Vice President at Banco de Credito del Peru. He serves as the Chairman of The Board of Directors at Edyficar Peru S.A. He served as Director at Mibanco, Banco de la Microempresa S.A. until March 25, 2019 and was its Chairman of Board since March 27, 2014. He served as Vice Chairman of Mibanco, Banco de la Microempresa S.A. since April 15, 2015. He has also been a member of Prima AFP’s Board of Directors since 2008, Vice-Chairman of the Board of Directors at Mibanco, and member of the Board of BCP Bolivia. Mr. Ferrari de Las Casas holds a degree in Business Administration from Universidad del Pacifico, and has an MBA degree from Kellogg Graduate School of Management, Northwestern University.

CEO Compensation
  • Insufficient data for Gianfranco Piero Dario to compare compensation growth.
  • Insufficient data for Gianfranco Piero Dario to establish whether their remuneration is reasonable compared to companies of similar size in .
Management Team Tenure

Average tenure of the Banco de Crédito del Perú management team in years:

5.8
Average Tenure
  • The average tenure for the Banco de Crédito del Perú management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Gianfranco Piero Dario Ferrari de Las Casas

TITLE
Chief Executive Officer
TENURE
2 yrs

Cesar Rios Briceno

TITLE
Chief Financial Officer
TENURE
2 yrs

Jose Luis Munoz Rivera

TITLE
Head of Accounting Division

Ricardo Bustamante Gonzales

TITLE
Head of Technology and Digital Strategy

Jose Ortiz

TITLE
Head of Administration & Process Division

Giuliana Cuzquén

TITLE
Head of Investor Relations

Guillermo Jesus Morales Valentin

TITLE
Head of Legal
TENURE
10.3 yrs

Barbara Falero

TITLE
Head of Corporate Compliance Division

Claudia Delgado

TITLE
Head of Strategic Planning and Business Development

Bernardo Sambra Graña

TITLE
Head of Human Resources
TENURE
9.7 yrs
Board of Directors Tenure

Average tenure and age of the Banco de Crédito del Perú board of directors in years:

13.8
Average Tenure
58
Average Age
  • The average tenure for the Banco de Crédito del Perú board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Dionisio Romero Paoletti

TITLE
Chairman of the Board
AGE
54
TENURE
11.3 yrs

Jose Raimundo Morales Dasso

TITLE
Independent Vice Chairman of the Board
AGE
73
TENURE
12.3 yrs

Benedicto Ciguenas Guevara

TITLE
Independent Director
AGE
77
TENURE
15.3 yrs

Roque Eduardo Benavides Ganoza

TITLE
Independent Director
AGE
65
TENURE
11.1 yrs

Fernando Fort Marie

TITLE
Director
AGE
79
TENURE
30.1 yrs

Eduardo Hochschild Beeck

TITLE
Independent Director
AGE
56
TENURE
17.3 yrs

Luis Enrique Romero Belismelis

TITLE
Director
AGE
58
TENURE
11.1 yrs

Juan Carlos Verme Giannoni

TITLE
Independent Director
AGE
55
TENURE
30.1 yrs

Pedro Rubio Feijoo

TITLE
Director

Martin Perez Monteverde

TITLE
Alternate Director
AGE
54
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (PEN) Value (PEN)
X
Management checks
We assess Banco de Crédito del Perú's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Banco de Crédito del Perú has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Banco de Credito del Peru provides banking services to individuals, small-sized companies, and corporate customers in Peru. The company’s deposit products include demand deposits, savings deposits, severance indemnity deposits, time deposits, and negotiable certificates. The company provides direct, indirect, mortgage, small and micro-business, consumer, corporate, large and medium business, foreign trade, refinanced, and past due loans, as well as discounted notes, factoring receivables, and overdrafts and advances on checking accounts. In addition, the company provides transfer and collection, credit and debit cards, insurance, withholding and collection, checks issuances, trust, leasing, and brokerage services, as well as insurance products. As of December 31, 2015, it had 460 branches and agencies in Peru; and 2 branches internationally. The company was founded in 1889 and is based in Lima, Peru. Banco de Credito del Peru is a subsidiary of Grupo Credito SA.

Details
Name: Banco de Crédito del Perú
CREDITC1
Exchange: BVL
Founded: 1889
PEN48,532,586,905
10,217,386,717
Website: http://www.viabcp.com
Address: Banco de Crédito del Perú
Calie Centenario No. 156,
La Molina,
Lima,
Lima, Peru
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BVL CREDITC1 Common Shares Bolsa de Valores de Lima PE PEN 10. Jun 1993
Number of employees
Current staff
Staff numbers
27,013
Banco de Crédito del Perú employees.
Industry
Diversified Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/09 21:55
End of day share price update: 2020/04/08 00:00
Last earnings filing: 2020/01/30
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.