- Credicorp (BAP, Financial) declares a cash dividend of S/40.00 per share amounting to a total payout of S/3.78 billion for fiscal year 2024.
- Record net income of S/5.50 billion achieved in 2024.
- The dividend will be paid on June 13, 2025, with no withholding tax to shareholders of record as of May 19, 2025.
Credicorp Ltd. (BAP), the premier financial services holding company in Peru, has announced a significant cash dividend of S/40.00 per share for the fiscal year 2024. This payout will total approximately S/3.78 billion, reflecting the company's robust financial performance, which boasts a record net income of S/5.50 billion for the year.
The dividend is scheduled for disbursement on June 13, 2025, to shareholders recorded by May 19, 2025. Notably, this payment will be dispensed without any withholding tax, enhancing the value returned to shareholders. The payout will be made in US Dollars, following the weighted exchange rate provided by the Peruvian Superintendency of Banks on June 11, 2025.
Credicorp's CEO, Gianfranco Ferrari, emphasized the impressive 2024 results, attributing them to the firm's diversified business model capable of sustaining earnings across various economic cycles. This solid operational framework underlines Credicorp's ongoing commitment to generating substantial societal impact and fostering innovation within the financial services sector across Latin America.
Credicorp Ltd. is a leading player in the financial services sector in Peru with operations extending to Chile, Colombia, Bolivia, and Panama. The company's diverse business portfolio includes Universal Banking, Microfinance, Insurance and Pension Funds, and Investment Management and Advisory.
