Credicorp (BAP) Tax Rate (2009 - 2026)
Credicorp (BAP) posted Tax Rate of 12.03% for Q2 2026, up 50.53% on a QoQ basis from 24.31% in Q1 2026, and up 34.0% year-over-year from 8.98% in Q2 2025.
Analysis
Credicorp (BAP) Tax Rate (2009 - 2026) Analysis & Trends
Credicorp has reported Tax Rate for 18 years, with the latest figure at 12.03% in Q2 2026.
- On a quarterly basis, Tax Rate rose 34.0% year-over-year to 12.03% in Q2 2026; TTM through Jun 2026 was 19.67%, a 907.0% decrease from a year earlier, with the FY2025 full-year figure at 28.8%, up 67.0% from the prior year.
- Tax Rate was 12.03% for Q2 2026 at Credicorp, up from 24.31% in the prior quarter.
- The five-year high for Tax Rate was 0.0% in Q3 2022, with the low at 30.72% in Q4 2022.
- Average Tax Rate over 5 years is 18.06%, with a median of 24.06% recorded in 2024.
- The sharpest annual moves came in 2022 and 2025: Tax Rate soared 7582 bps in 2022, then sank 1977 bps in 2025.
- Over 5 years, Tax Rate stood at 30.72% in 2022, then soared by 83 bps to 5.28% in 2023, then declined by 29 bps to 6.82% in 2024, then plunged by 290 bps to 26.58% in 2025, then jumped by 55 bps to 12.03% in 2026.
- The last three Tax Rate figures came in at 12.03% (Q2 2026), 24.31% (Q1 2026), and 26.58% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 2,145.36 Bn | 1,556.87 Bn | 30.39 Bn | 21.54% |
| 2 | Morgan Stanley | 335.03 Bn | 174.89 Bn | - | 23.07% |
| 3 | Goldman Sachs | 309.45 Bn | -666.90 Bn | - | 22.60% |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn | 24.29% |
| 5 | Royal Bank Of Canada | 291.49 Bn | 64.61 Bn | - | 22.26% |
| 6 | Wells Fargo & Company | 272.88 Bn | 68.91 Bn | - | 17.42% |
| 7 | American Express | 218.59 Bn | 169.28 Bn | 17.99 Bn | 23.61% |
| 8 | Banco Santander | 214.76 Bn | 222.37 Bn | 28.01 Bn | - |
| 9 | Toronto Dominion Bank | 205.88 Bn | 44.55 Bn | - | -38.63% |
| 10 | Credicorp | 29.80 Bn | 29.80 Bn | - | -12.03% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -12.03% |
| Mar 31, 2026 | -24.31% |
| Dec 31, 2025 | -26.58% |
| Sep 30, 2025 | -25.09% |
| Jun 30, 2025 | -12.37% |
| Mar 31, 2025 | -24.70% |
| Dec 31, 2024 | -6.82% |
| Sep 30, 2024 | -8.60% |
| Jun 30, 2024 | -11.49% |
| Mar 31, 2024 | -23.81% |
| Dec 31, 2023 | -5.28% |
| Sep 30, 2023 | -7.55% |
| Jun 30, 2023 | -24.88% |
| Mar 31, 2023 | -24.98% |
| Dec 31, 2022 | -30.72% |
| Sep 30, 2022 | 0.00% |
| Jun 30, 2022 | -27.22% |
| Mar 31, 2022 | -28.69% |
| Dec 31, 2021 | -106.53% |
| Sep 30, 2021 | -11.34% |