Credicorp (BAP) Tax Rate (2010 - 2026)
Credicorp (BAP) recorded quarterly Tax Rate of 25.63% in Q1 2026, up 9.23% quarter-over-quarter from 28.23% in Q4 2025, and up 15.0% on a YoY basis from 22.28% in Q1 2025.
Credicorp (BAP) Tax Rate (2010 - 2026) Analysis & Trends
Credicorp's Tax Rate history runs 14 years deep, the most recent figure standing at 25.63% for Q1 2026.
- In Q1 2026, Tax Rate rose 15.0% year-over-year to 25.63%; the TTM figure through Mar 2026 stood at 26.21% (down 563.0% YoY), while the FY2025 annual figure was 37.41%, down 264.0% from the prior year.
- Tax Rate was 25.63% for Q1 2026 at Credicorp, up from 28.23% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 7.8% in Q3 2023 to a low of 84.68% in Q3 2022.
- Historically, Tax Rate has averaged 27.76% across 5 years, with a median of 25.77% in 2025.
- The sharpest annual moves came in 2022 and 2023: Tax Rate sank 5824 bps in 2022, then soared 7688 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 30.72% in 2022, then grew by 10 bps to 27.58% in 2023, then increased by 6 bps to 25.86% in 2024, then slipped by 9 bps to 28.23% in 2025, then rose by 9 bps to 25.63% in 2026.
- The last three Tax Rate figures came in at 25.63% (Q1 2026), 28.23% (Q4 2025), and 26.49% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 87,889.74 Bn | 87,889.74 Bn | - | -22.54% |
| 2 | Bank Bradesco | 6,444.75 Bn | 6,428.81 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -23.21% |
| 4 | First Capital | 216.08 Bn | 215.93 Bn | - | 19.21% |
| 5 | Itau Unibanco Holding | 188.30 Bn | 188.30 Bn | - | - |
| 6 | Landmark Bancorp | 173.65 Bn | 173.61 Bn | - | 19.83% |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -25.87% |
| 8 | Shinhan Financial | 129.96 Bn | 97.53 Bn | - | 25.76% |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Credicorp | 35.83 Bn | 35.83 Bn | - | -25.63% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -25.63% |
| Mar 31, 2026 | -25.63% |
| Dec 31, 2025 | -28.23% |
| Dec 31, 2025 | -28.23% |
| Sep 30, 2025 | -26.49% |
| Sep 30, 2025 | -26.49% |
| Jun 30, 2025 | -24.73% |
| Jun 30, 2025 | -24.73% |
| Mar 31, 2025 | -25.77% |
| Mar 31, 2025 | -25.77% |
| Dec 31, 2024 | -25.86% |
| Dec 31, 2024 | -25.86% |
| Sep 30, 2024 | -8.80% |
| Sep 30, 2024 | -8.80% |
| Jun 30, 2024 | -24.69% |
| Jun 30, 2024 | -24.69% |
| Mar 31, 2024 | -25.04% |
| Mar 31, 2024 | -25.04% |
| Dec 31, 2023 | -27.58% |
| Dec 31, 2023 | -27.58% |