BAP
Credicorp Ltd
NYSE: BAP · FINANCIAL SERVICES · BANKS - REGIONAL
$330.50
-1.23% today
Updated 2026-06-05
Market cap
$27.78B
P/E ratio
13.42
P/S ratio
1.27x
EPS (TTM)
$26.05
Dividend yield
4.08%
52W range
$204 – $366
Volume
0.4M
Credicorp Ltd (BAP) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Research-backed BAP price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$330.50
Today
Analyst consensus
$291.60
-11.77% · 12M
2030 Base
—
— future
NPV today
—
@ — WACC
5 analysts:
1 Buy2 Hold0 Sell
Management guidance
No specific CEO revenue targets or guidance ranges disclosed in available documents. Management has communicated focus on digital transformation (Yape expansion), capital allocation, and strategic acquisitions (Helm Bank USA for $180M), but no explicit revenue guidance through 2030 has been publicly stated.
Sources: Management guidance, analyst consensus, sector analysishigh confidence
BAP · Credicorp Ltd · Revenue & price projection · 2023–2030E
Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
—
NPV today: —
Base case (2030)
—
NPV today: —
Bull case (2030)
—
NPV today: —
WallStSmart.com
BAP financial forecast · Research-backed projections
| Metric | 2025 | 2026 (E) | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) ★ |
|---|---|---|---|---|---|---|
| Revenue | $28.9B | $25.5B | $27.7B | $29.9B | $32.2B | $34.6B |
| Revenue growth | 7.1% | 23.2% | 8.6% | 7.8% | 7.8% | 7.7% |
| Net margin | — | — | — | — | — | — |
| EPS | $24.87 | $99.57 | $112.40 | $126.95 | $143.05 | $160.15 |
| Diluted shares | — | — | — | — | — | — |
| Net debt | — | — | — | — | — | — |
| P/S multiple | — | 2.0x | 2.0x | 2.0x | 2.0x | 2.0x |
| Implied price (base) | — | $3,841.77 | $4,181.75 | $4,521.73 | $4,861.71 | $5,235.69 |
★ 2030E is the model's terminal target year. Implied price = (Revenue × P/S − Net debt) ÷ Diluted shares.
Scenario detail · Three drivers, three outcomes
| 2030E driver | Bear | Base | Bull |
|---|---|---|---|
| Revenue | $34.6B | $34.6B | $34.6B |
| P/S multiple | 1.0x | 2.0x | 3.0x |
| Diluted shares | 0M | 0M | 0M |
| Net debt | — | — | — |
| Implied P/E † | — | — | — |
| 2030 Price | $— | $— | $— |
| NPV @ — | $— | $— | $— |
† Implied P/E: Multiples remain elevated across all three scenarios because BAP is valued primarily on revenue scale during its growth phase, not near-term earnings power. Lower P/E in the bear case reflects multiple compression, but the absolute level stays high since 2030E still represents a hypergrowth-to-mature transition year.
EV to per-share bridge · How we get to $— base case
BAP catalysts and risks
Growth catalysts
+ Digital wallet Yape expansion and lending integration driving non-traditional revenue streams
+ Helm Bank USA acquisition (announced Dec 2025, $180M) expanding US presence and fee-based income
+ Tenpo neobank launch in Chile (Jan 2026) positioning for regional digital banking growth
+ Peru economic recovery signals and strengthened asset quality (Q4 2025 results exceeded expectations)
+ Board refreshment with focus on AI/technology oversight indicating digital-first strategic pivot
Key risks
- Peru macroeconomic headwinds: political instability, currency depreciation, and economic slowdown moderating loan growth
- Geographic concentration: ~60% revenue from Peru operations creates single-country risk exposure
- Asset quality deterioration from digital lending expansion (Yape credit risk) amid economic pressures
- Emerging market volatility and FX headwinds impacting reported USD revenues and dividend sustainability
- Revised dividend policy with explicit solvency/regulatory conditions may cap capital returns vs. historical payout ratios
Methodology · Credicorp Ltd 2030 stock forecast model
Credicorp Ltd 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 5 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:
| 1. Share dilution | Projected from per-ticker schedule of SBC + equity raise activity, compounding year by year (-100% cumulative for BAP by 2030) |
| 2. Net debt | EV minus net debt yields equity value; debt projected from capex cycle trajectory (— by 2030) |
| 3. Time value | NPV calculated using — WACC (sector fallback) |
| 4. Multiple framework | P/S compresses with scale: bear 1.0x / base 2.0x / bull 3.0x |
| 5. Scenario design | Bull/Base/Bear vary revenue, margin, shares, debt, and multiple independently |
WallStSmart research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.
BAP price target FAQ
How is the Credicorp Ltd 2030 stock forecast calculated?
The BAP 2030 projection multiplies projected revenue by a growth-adjusted P/S multiple to derive enterprise value, subtracts projected net debt to get equity value, then divides by diluted shares outstanding accounting for dilution from stock-based compensation and equity raises.
What is the analyst consensus on BAP stock?
5 analysts cover BAP with an average 12-month price target of $291.60. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.