Credicorp Reports Strong 4Q25 Earnings with 40.9% Net Income Growth, Record NIM, and Strategic Expansion

summarizeSummary

Credicorp Ltd. announced robust financial results for 4Q25 and full-year 2025, driven by significant net income growth, improved asset quality, and successful expansion of its digital and international operations.

check_boxKey Events

• Strong Financial Performance

  Net income attributable to Credicorp increased 40.9% year-over-year in 4Q25, reaching S/1,587.0 million, with a full-year ROE of 19.0% and an outlook for 19.5% in 2026.

• Improved Asset Quality & Profitability

  The Non-Performing Loan (NPL) ratio declined 71 basis points year-over-year to 4.5%, while Risk-Adjusted Net Interest Margin (NIM) reached a record high of 5.55%.

• Digital Ecosystem Growth

  Yape, the digital payment platform, reached 15.9 million monthly active users and contributed 7.2% to Credicorp's risk-adjusted revenue, with lending representing 23% of Yape's revenues.

• Strategic Expansion

  The company finalized an agreement to acquire 100% of Helm Bank and noted its subsidiary Tenpo Bank Chile received its operating banking license in January 2026, following the prior disclosure on January 20, 2026.

auto_awesomeAnalysis

Credicorp's 4Q25 and full-year 2025 results demonstrate strong operational momentum and effective strategic execution. The significant increase in net income and high return on equity, coupled with improving asset quality and a record-high risk-adjusted net interest margin, highlight the company's financial health. The continued scaling of its digital platforms like Yape and the successful acquisition of Helm Bank, alongside Tenpo's banking license, underscore Credicorp's commitment to diversifying revenue streams and expanding its ecosystem. Investors should view these results as a strong indicator of sustained growth and robust risk management in a dynamic market.