Credicorp Historical Income Statement

BAP Stock

USD 197.32 1.33 0.67%

Historical analysis of Credicorp income statement accounts such as Interest Expense of 6.2 B, Selling General Administrative of 7 B or Total Revenue of 8.5 B can show how well Credicorp performed in making a profits. Evaluating Credicorp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Credicorp's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Credicorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Credicorp is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Credicorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

To learn how to invest in Credicorp Stock, please use our How to Invest in Credicorp guide.

About Credicorp Income Statement Analysis

Credicorp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Credicorp shareholders. The income statement also shows Credicorp investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Credicorp Income Statement Chart

At this time, Credicorp's Income Tax Expense is relatively stable compared to the past year. As of 11/22/2024, Net Income Applicable To Common Shares is likely to grow to about 5.6 B, while Gross Profit is likely to drop slightly above 8.5 B.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses

Total Revenue

Total revenue comprises all receipts Credicorp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Credicorp minus its cost of goods sold. It is profit before Credicorp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Credicorp. It is also known as Credicorp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from Credicorp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Credicorp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Credicorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

To learn how to invest in Credicorp Stock, please use our How to Invest in Credicorp guide.At this time, Credicorp's Income Tax Expense is relatively stable compared to the past year. As of 11/22/2024, Net Income Applicable To Common Shares is likely to grow to about 5.6 B, while Gross Profit is likely to drop slightly above 8.5 B.

	2021	2022	2023	2024 (projected)
Interest Expense	2.5B	3.5B	5.9B	6.2B
Depreciation And Amortization	690.6M	643.6M	667.1M	357.1M

Interest Expense Depreciation And Amortization

Credicorp income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Net Income	Income Tax Expense	Total Other Income Expense Net	Minority Interest	Selling And Marketing Expenses	Net Income From Continuing Ops	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.44	0.7	0.89	0.91	0.65	0.35	0.11	0.15	0.42	-0.35	0.43	0.42	0.45	0.51	0.17	0.73	0.43	0.12	0.6	0.55	0.72
Interest Expense	0.44		0.86	0.47	0.49	0.62	0.31	-0.36	-0.33	0.62	0.47	0.72	0.74	0.69	0.44	-0.13	0.73	0.61	0.36	0.81	0.83	0.64
Selling General Administrative	0.7	0.86		0.73	0.75	0.59	0.55	0.01	0.05	0.52	0.19	0.81	0.81	0.8	0.34	-0.02	0.79	0.7	0.39	0.73	0.7	0.63
Total Revenue	0.89	0.47	0.73		0.99	0.54	0.66	0.36	0.4	0.33	-0.28	0.63	0.63	0.62	0.3	0.24	0.74	0.65	0.31	0.63	0.6	0.56
Gross Profit	0.91	0.49	0.75	0.99		0.55	0.66	0.36	0.41	0.31	-0.27	0.63	0.63	0.63	0.29	0.25	0.76	0.66	0.31	0.64	0.6	0.57
Other Operating Expenses	0.65	0.62	0.59	0.54	0.55		-0.07	-0.33	-0.3	0.74	-0.07	0.31	0.32	0.28	0.67	0.19	0.59	0.31	-0.07	0.64	0.61	0.85
Operating Income	0.35	0.31	0.55	0.66	0.66	-0.07		0.72	0.74	-0.12	0.1	0.79	0.78	0.79	-0.24	0.12	0.46	0.82	0.71	0.37	0.35	-0.01
Ebit	0.11	-0.36	0.01	0.36	0.36	-0.33	0.72		1.0	-0.51	-0.36	0.27	0.26	0.29	-0.47	0.35	-0.06	0.36	0.33	-0.22	-0.28	-0.33
Ebitda	0.15	-0.33	0.05	0.4	0.41	-0.3	0.74	1.0		-0.48	-0.37	0.3	0.29	0.32	-0.44	0.35	-0.02	0.39	0.34	-0.18	-0.25	-0.29
Cost Of Revenue	0.42	0.62	0.52	0.33	0.31	0.74	-0.12	-0.51	-0.48		0.11	0.29	0.28	0.31	0.78	-0.46	0.69	0.2	0.13	0.77	0.72	0.85
Total Operating Expenses	-0.35	0.47	0.19	-0.28	-0.27	-0.07	0.1	-0.36	-0.37	0.11		0.31	0.32	0.28	-0.15	-0.19	0.06	0.28	0.32	0.21	0.3	-0.15
Income Before Tax	0.43	0.72	0.81	0.63	0.63	0.31	0.79	0.27	0.3	0.29	0.31		1.0	0.99	0.2	-0.07	0.67	0.94	0.8	0.68	0.65	0.41
Net Income	0.42	0.74	0.81	0.63	0.63	0.32	0.78	0.26	0.29	0.28	0.32	1.0		0.97	0.19	-0.04	0.65	0.94	0.77	0.67	0.65	0.4
Income Tax Expense	0.45	0.69	0.8	0.62	0.63	0.28	0.79	0.29	0.32	0.31	0.28	0.99	0.97		0.24	-0.16	0.71	0.94	0.84	0.69	0.65	0.44
Total Other Income Expense Net	0.51	0.44	0.34	0.3	0.29	0.67	-0.24	-0.47	-0.44	0.78	-0.15	0.2	0.19	0.24		-0.41	0.59	0.13	0.15	0.66	0.6	0.91
Minority Interest	0.17	-0.13	-0.02	0.24	0.25	0.19	0.12	0.35	0.35	-0.46	-0.19	-0.07	-0.04	-0.16	-0.41		-0.32	0.02	-0.41	-0.35	-0.31	-0.25
Selling And Marketing Expenses	0.73	0.73	0.79	0.74	0.76	0.59	0.46	-0.06	-0.02	0.69	0.06	0.67	0.65	0.71	0.59	-0.32		0.67	0.53	0.95	0.92	0.78
Net Income From Continuing Ops	0.43	0.61	0.7	0.65	0.66	0.31	0.82	0.36	0.39	0.2	0.28	0.94	0.94	0.94	0.13	0.02	0.67		0.83	0.67	0.65	0.35
Tax Provision	0.12	0.36	0.39	0.31	0.31	-0.07	0.71	0.33	0.34	0.13	0.32	0.8	0.77	0.84	0.15	-0.41	0.53	0.83		0.55	0.51	0.19
Net Interest Income	0.6	0.81	0.73	0.63	0.64	0.64	0.37	-0.22	-0.18	0.77	0.21	0.68	0.67	0.69	0.66	-0.35	0.95	0.67	0.55		0.99	0.8
Interest Income	0.55	0.83	0.7	0.6	0.6	0.61	0.35	-0.28	-0.25	0.72	0.3	0.65	0.65	0.65	0.6	-0.31	0.92	0.65	0.51	0.99		0.74
Reconciled Depreciation	0.72	0.64	0.63	0.56	0.57	0.85	-0.01	-0.33	-0.29	0.85	-0.15	0.41	0.4	0.44	0.91	-0.25	0.78	0.35	0.19	0.8	0.74

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Credicorp Account Relationship Matchups

Credicorp income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	639.1M	676.9M	690.6M	643.6M	667.1M	357.1M
Interest Expense	3.3B	3.0B	2.5B	3.5B	5.9B	6.2B
Selling General Administrative	4.9B	4.7B	5.8B	6.0B	6.7B	7.0B
Total Revenue	14.8B	13.6B	14.4B	17.3B	16.2B	8.5B
Gross Profit	14.8B	13.6B	14.4B	17.3B	16.2B	8.5B
Other Operating Expenses	8.9B	13.4B	9.2B	7.1B	9.3B	9.8B
Operating Income	5.9B	236.9M	5.2B	10.2B	7.1B	4.2B
Ebit	5.9B	236.9M	5.2B	10.3B	(982.4M)	(933.3M)
Ebitda	6.5B	913.9M	5.9B	10.9B	(315.3M)	(299.5M)
Cost Of Revenue	271.1M	301.9M	318.7M	3.4B	3.9B	4.0B
Total Operating Expenses	(8.9B)	(13.4B)	(9.2B)	(7.1B)	9.3B	9.8B
Income Before Tax	6.0B	224.2M	5.3B	6.9B	6.8B	7.2B
Net Income	4.3B	346.9M	3.6B	4.6B	4.9B	5.1B
Income Tax Expense	1.6B	(110.0M)	1.7B	2.1B	1.9B	2.0B
Total Other Income Expense Net	87.0M	(256.9M)	(118M)	(99.5M)	(220.9M)	(232.0M)
Net Income Applicable To Common Shares	4.3B	346.9M	3.6B	4.6B	5.3B	5.6B
Minority Interest	508.4M	499.8M	(87.2M)	(112.3M)	(94.3M)	(89.6M)
Selling And Marketing Expenses	374.7M	349.7M	486.9M	653.4M	720.7M	413.6M
Net Income From Continuing Ops	4.4B	334.1M	3.7B	4.7B	5.0B	3.7B
Tax Provision	1.6B	(110.0M)	1.7B	2.1B	1.9B	1.5B
Net Interest Income	9.1B	8.5B	9.4B	11.5B	12.9B	10.2B
Interest Income	12.4B	11.5B	11.8B	15.0B	18.8B	13.7B
Reconciled Depreciation	639.1M	676.9M	683.3M	683.5M	667.1M	662.0M

Pair Trading with Credicorp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Credicorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Credicorp will appreciate offsetting losses from the drop in the long position's value.

Moving against Credicorp Stock

0.4	WF	Woori Financial Group	Pair Corr
0.32	TFC-PI	Truist Financial	Pair Corr
0.31	TFC-PO	Truist Financial	Pair Corr

The ability to find closely correlated positions to Credicorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Credicorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Credicorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Credicorp to buy it.

The correlation of Credicorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Credicorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Credicorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Credicorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Credicorp Stock Analysis

When running Credicorp's price analysis, check to measure Credicorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Credicorp is operating at the current time. Most of Credicorp's value examination focuses on studying past and present price action to predict the probability of Credicorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Credicorp's price. Additionally, you may evaluate how the addition of Credicorp to your portfolios can decrease your overall portfolio volatility.

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Credicorp Historical Income Statement

About Credicorp Income Statement Analysis

Credicorp Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Credicorp income statement Correlations

Credicorp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Credicorp income statement Accounts

Pair Trading with Credicorp

Moving against Credicorp Stock

Additional Tools for Credicorp Stock Analysis

COMMON DESTINATIONS

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COMPANY

Ebitda	+ 1.0	Ebit
Net Income	+ 1.0	Income Before Tax
Gross Profit	+ 0.99	Total Revenue
Income Tax Expense	+ 0.99	Income Before Tax
Interest Income	+ 0.99	Net Interest Income
Income Tax Expense	+ 0.97	Net Income

Cost Of Revenue	- 0.51	Ebit
Cost Of Revenue	- 0.48	Ebitda
Total Other Income Expense Net	- 0.47	Ebit
Minority Interest	- 0.46	Cost Of Revenue
Total Other Income Expense Net	- 0.44	Ebitda
Tax Provision	- 0.41	Minority Interest