Credicorp (BAP) investor relations material

Business overview and strategy

• Holds leading market positions in universal banking, microfinance, insurance, pensions, and investment management in Peru, with expanding operations in Colombia and Bolivia.

• Focuses on financial inclusion, digital transformation, and disciplined innovation to drive growth and societal impact.

• Integrated digital ecosystem leverages platforms like Yape and Tenpo to enhance efficiency and customer experience.

• Innovation portfolio targets a 10% risk-adjusted revenue contribution by 2026, with Yape reaching maturity.

• Strategic priorities include scaling digital capabilities, unlocking synergies, and delivering resilient returns.

Financial performance and key metrics

• Net income for June 2026 reached S/ 4,045 million, with total assets at S/ 282,917 million.

• ROE improved to 21.2% in 1H26, with a risk-adjusted NIM of 5.7% and NPL ratio down to 4.1%.

• Loan growth accelerated to 13.1% YoY, driven by retail and SME segments.

• Efficiency ratio remained stable at 45.6%, reflecting ongoing investments in innovation and digitalization.

• Capital ratios remain above regulatory requirements, supporting growth and resilience.

Segment highlights

• Universal banking (BCP) leads in loans and deposits, with a 29% market share and 28.2% ROE.

• Yape, the digital payments and lending platform, reached 16.7 million MAUs and contributed 8.9% of risk-adjusted revenue.

• Mibanco is the top microfinance provider in Peru, with strong loan growth and 22.9% ROE.

• Insurance and pensions businesses are #2 in Peru, with Pacifico and Prima AFP showing robust growth and profitability.

• Investment management and advisory delivered a 23.5% ROE, with AUMs growing over 30% YoY.