Credicorp (BAP) Operating Expenses (2009 - 2026)

Credicorp (BAP) recorded quarterly Operating Expenses of -$2.1 billion in Q1 2026, up 5.62% quarter-over-quarter from -$2.2 billion in Q4 2025, and down 14.05% on a YoY basis from -$2.4 billion in Q1 2025.

Credicorp (BAP) Operating Expenses (2009 - 2026) Analysis & Trends

Credicorp's Operating Expenses history runs 18 years deep, the most recent figure standing at -$2.1 billion for Q1 2026.

  • In Q1 2026, Operating Expenses fell 14.05% year-over-year to -$2.1 billion; the TTM figure through Mar 2026 stood at -$8.2 billion (up 9.77% YoY), while the FY2025 annual figure was -$2.2 billion, down 3.7% from the prior year.
  • Operating Expenses was -$2.1 billion for Q1 2026 at Credicorp, up from -$2.2 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of -$1.4 billion in Q1 2022 to a low of -$6.9 billion in Q4 2023.
  • Historically, Operating Expenses has averaged -$2.2 billion across 5 years, with a median of -$1.8 billion in 2025.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses tumbled 282.64% in 2023, then soared 68.96% in 2024.
  • A 5-year view of Operating Expenses shows it stood at -$1.8 billion in 2022, then sank by 282.64% to -$6.9 billion in 2023, then jumped by 68.96% to -$2.1 billion in 2024, then decreased by 3.7% to -$2.2 billion in 2025, then increased by 5.62% to -$2.1 billion in 2026.
  • The last three Operating Expenses figures came in at -$2.1 billion (Q1 2026), -$2.2 billion (Q4 2025), and -$2.0 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Bank Of Chile 87,889.74 Bn 87,889.74 Bn - -287,925.00
2 Bank Bradesco 6,444.75 Bn 6,428.81 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -3.86 Bn
4 First Capital 216.08 Bn 215.93 Bn - 7.75 Mn
5 Itau Unibanco Holding 188.30 Bn 188.30 Bn - -
6 Landmark Bancorp 173.65 Bn 173.61 Bn - 11.90 Mn
7 NatWest 168.65 Bn -51.67 Bn - -2.75 Bn
8 Shinhan Financial 129.96 Bn 97.53 Bn - -1.06 Bn
9 Mizuho Financial 112.02 Bn 112.56 Bn - 137.67 Mn
10 Credicorp 35.83 Bn 35.83 Bn - -2.09 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 -2.09 Bn
Dec 31, 2025 -2.21 Bn
Sep 30, 2025 -2.00 Bn
Jun 30, 2025 -1.92 Bn
Mar 31, 2025 -1.83 Bn
Dec 31, 2024 -2.13 Bn
Sep 30, 2024 -1.79 Bn
Jun 30, 2024 -3.36 Bn
Mar 31, 2024 -1.62 Bn
Dec 31, 2023 -6.87 Bn
Sep 30, 2023 -1.74 Bn
Jun 30, 2023 -1.63 Bn
Mar 31, 2023 -1.57 Bn
Dec 31, 2022 -1.80 Bn
Sep 30, 2022 -2.10 Bn
Jun 30, 2022 -1.51 Bn
Mar 31, 2022 -1.40 Bn
Dec 31, 2021 -1.61 Bn
Sep 30, 2021 -1.98 Bn
Jun 30, 2021 -3.54 Bn