Credicorp Ltd (BAP) Financials

Credicorp Ltd (BAP) is a financial services holding company based in Peru. The company operates through four main segments: Universal Banking, Microfinance, Insurance, and Pension Funds. In 2019, Credicorp reported a total revenue of $5.45 billion, an increase of 8.2% compared to the previous year. The company's gross profit for the same period was $3.6 billion. Credicorp's EBITDA stood at $2.73 billion, while its EBIT was $2.12 billion. Net income from stockholders reached $1.35 billion. The company's balance sheet shows total assets of $75.23 billion, with total liabilities of $63.16 billion. Credicorp has a strong stockholders' equity of $12.07 billion.

Credicorp's cash equivalents as of 2019 amounted to $4.5 billion, providing the company with sufficient liquidity to meet its short-term obligations. The company's net debt, which includes borrowings minus cash and cash equivalents, was $16.9 billion. Credicorp has been actively managing its debt to maintain a healthy financial position. Furthermore, the company has focused on increasing its stockholders' equity, which has grown steadily over the years. Additionally, Credicorp has made significant investments in various sectors, such as technology, to enhance its operational capabilities and improve customer experience. The company's financial statements reflect its commitment to sound financial management and sustainable growth. In summary, Credicorp Ltd is a leading financial services company in Peru with a strong financial position, diversified business segments, and a solid track record of performance.