Banco de Crédito del Perú (CREDITC1) Q2 2025 earnings summary

Executive summary

• Achieved strong profitability in 2Q25, with net profit for the first half of 2025 rising to S/ 3,296.6 million, up from S/ 2,551.6 million in 2024, reflecting strong earnings growth.

• Maintained leading market share in loans (36.4%) and deposits (38.3%) in Peru.

• Continued digital transformation, with 79% of clients using digital channels and 77% of retail sales conducted digitally.

• The interim financial statements received an unqualified review conclusion from the independent auditor.

Financial highlights

• Net income reached PEN 1,711 million in 2Q25, up from PEN 1,574 million in 1Q25.

• ROE increased to 29.8% (+3.1pp QoQ), and NIM rose to 6.8% (+26bps QoQ).

• Net loans increased to S/ 125,115.4 million from S/ 124,051.8 million at year-end 2024.

• Gross financial margin for the six months was S/ 6,681.9 million, up from S/ 6,426.4 million in 2024.

• Efficiency ratio stood at 40.2%, slightly up by 0.3pp QoQ.

Outlook and guidance

• GDP growth in Peru projected at 3.3% for 2025, with inflation expected to remain at 2.0%.

• Monetary policy rate forecasted to decrease to 4.25% by end-2025.

• The bank continues to comply with all regulatory capital requirements and maintains a strong capital base to support future growth.

• Continued focus on digitalization, financial inclusion, and sustainable finance initiatives.