Market Snapshot: Credicorp (BAP) and Peer Performances
The Peruvian financial conglomerate Credicorp Ltd. (BAP) concluded the trading session on Monday, 26 November 2026, with a modest decline of –0.23 %. At the close of the 24‑hour period, the share price settled at USD 370.21, a level that reflects a slight contraction from the previous session but remains well above the 200‑day moving average of USD 357.74.
Key quantitative highlights for Credicorp at market close:
- Shares outstanding: 79.4 million
- Market capitalization: USD 29.4 billion
- Volume traded in the last 24 h: USD 126.4 million
- Month‑end change: –3.34 %
- 52‑week range: Highest USD 413.25 (31 July 2026); Lowest USD 230.45 (14 November 2025)
Despite the recent dip, the stock remains anchored by robust fundamentals: a diversified portfolio that spans commercial banking, corporate finance, brokerage, asset management, trust, and insurance services across Peru. The firm’s integrated model positions it to benefit from incremental economic recovery and a steady inflow of foreign capital.
Peer Performance in the 24‑Hour Window
| Ticker | Recent Move | Current Price | Market Cap | P/E Ratio |
|---|---|---|---|---|
| Hochschild Mining (HOC.L) | –4.19 % | GBX 429.8 | GBX 3 bn | 9.91 |
| Cía De Minas Buenaventur (BVN) | –2 % | USD 27.92 | USD 7.1 bn | 6.7 |
| Minera Irl (MIRL.CN) | 0 % | CAD 0.02 | CAD 3.5 mn | – |
| Intercorp Services (IFS) | +0.35 % | USD 51.82 | USD 5.8 bn | 9.44 |
| Cementos Pacasmayo Saa (CPAC) | –0.31 % | USD 12.73 | USD 1.1 bn | 17.49 |
The broader sector exhibits a mixed picture. While the mining sector (Hochschild Mining, Cía De Minas Buenaventur) recorded sharper declines, the services segment (Intercorp Services) delivered a modest gain. Cementos Pacasmayo Saa’s slight outflow aligns with its higher valuation, suggesting market caution toward overvalued plays.
Forward‑Looking Assessment
Credicorp’s recent price trajectory is indicative of a broader market pullback rather than a fundamental shift. The company’s diversified revenue streams and strong balance sheet should mitigate short‑term volatility. Analysts project that, barring macroeconomic shocks, Credicorp is poised to resume upward momentum as Peru’s financial sector recovers and foreign investment flows normalize.
For investors seeking exposure to Latin American financial services, Credicorp remains an attractive proposition, balancing solid earnings fundamentals with a defensible position in Peru’s growing economy.
