The rating upgrade was already priced in after the June 8 announcement. Monitor upcoming quarterly results for sustained earnings growth and any change in double leverage or asset quality (impaired loans ratio improved to 4.3% in Q1 2026 from 5.9% at YE 2025).
Price Chart
Executive Summary
Credicorp Ltd. filed a 6-K reporting Fitch Ratings' detailed credit rating report following the previously announced upgrade of its Long-Term Foreign Currency IDR to BBB+ from BBB with a Stable Outlook. The report highlights low double leverage (99.6%), strong liquidity, and improved subsidiary profitability (BCP's operating profit/RWA rose to 5.19% in 2025). The upgrade was already disclosed on June 8, 2026, so this filing is a confirmation with supporting financial data.
Key Facts
- Fitch upgraded Credicorp's Long-Term Foreign Currency IDR to BBB+ from BBB on June 8, 2026; this 6-K provides the detailed rating report.
- Double leverage remained low at 99.6% at YE 2025 (vs 99.2% in 2024), well below Fitch's 120% threshold.
- BCP's operating profit-to-risk-weighted asset ratio improved to 5.19% at YE 2025 from 4.32% at YE 2024.
- Net income attributable to equity holders was PEN 7,083 million for FY2025, up 26% from PEN 5,501.3 million in 2024 (per prior 20-F).
- Total assets reached PEN 278,514 million as of March 31, 2026.
Financial Impact
Credit rating upgrade to BBB+ may lower borrowing costs modestly; no specific dollar impact quantified in the filing.
Risk Factors
- Potential downgrade if double leverage rises above 1.2x or if subsidiary performance weakens.
- Margin compression and higher credit costs could reduce profitability from 2025's exceptional levels.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001140361-26-026238 |
| Document: ef20076669_6k.htm | 0001140361-26-026238 |
| Document: 0001140361-26-026238-index-headers.html | 0001140361-26-026238 |
| Document: 0001140361-26-026238-index.html | 0001140361-26-026238 |
| Document: 0001140361-26-026238.txt | 0001140361-26-026238 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 17, 2026 10w ago | 6-K | $368.44 $386.29 | ▲ +4.84% | ▲ +5.83% | $374.02 (+1.51%) |
Jun 24, 2026 17w ago | 6-K | $380.41 $387.63 | ▲ +1.90% | ▲ +1.37% | $374.02 (−1.68%) |
Jun 9, 2026 19w ago | 6-K | $349.61 $386.47 | ▲ +10.54% | ▲ +9.10% | $374.02 (+6.98%) |
May 18, 2026 23w ago | 6-K | $303.86 $364.28 | ▲ +19.88% | ▲ +18.30% | $374.02 (+23.09%) |
May 13, 2026 23w ago | 6-K | $326.18 $369.55 | ▲ +13.30% | ▲ +14.15% | $374.02 (+14.67%) |
May 5, 2026 24w ago | 6-K | $326.55 $327.42 | ▲ +0.27% | ▼ −2.51% | $374.02 (+14.54%) |
Apr 27, 2026 26w ago | 20-F | $320.72 $351.75 | ▲ +9.68% | ▲ +4.21% | $374.02 (+16.62%) |
Apr 27, 2026 26w ago | Press Release | $320.72 $351.75 | ▲ +9.68% | ▲ +4.21% | $374.02 (+16.62%) |
Apr 23, 2026 26w ago | Press Release | $323.65 $344.00 | ▲ +6.29% | ▲ +2.26% | $374.02 (+15.56%) |
Apr 1, 2026 29w ago | 6-K | $339.98 $324.17 | ▼ −4.65% | ▼ −14.53% | $374.02 (+10.01%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers