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| Date | Value |
|---|---|
| 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 |