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Credicorp Ltd.: Credicorp Declares S/40.00 per Share Cash Dividend for Fiscal Year 2024

1. Credicorp declared a cash dividend of S/40.00 per share. 2. The total dividend amounts to S/3.77 billion, reflecting strong performance. 3. Dividend payout reflects record 2024 net income of S/5.5 billion. 4. Payment date is June 13, 2025, for shareholders recorded by May 19, 2025. 5. CEO emphasizes commitment to innovation and sustainable earnings generation.

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FAQ

Why Very Bullish?

Historically, dividend announcements often lead to positive price adjustments. Credicorp's strong net income and dividend show solid financial health, potentially enhancing investor confidence.

How important is it?

The dividend declaration signifies financial stability and attracts investors, which can boost share price.

Why Short Term?

The announcement will likely have immediate effects leading up to the payout date, influencing share price behavior in the short term.

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Lima, April 24, 2025 (GLOBE NEWSWIRE) -- Lima, Peru, April 24, 2025 — Credicorp Ltd. (NYSE: BAP | BVL: BAP), the leading financial services holding company in Peru with a diversified presence in Chile, Colombia, Bolivia and Panama, announced today that its Board of Directors declared a cash dividend of S/40.00 per share for a total of S/3,775,292,680.00 in line with the Company’s Bye-Laws and taking into account the total net income attained in the 2024 financial year of S/5,501,254,379.37.  The cash dividend will be paid out on June 13, 2025, without withholding tax at source, to shareholders of record on May 19, 2025. Gianfranco Ferrari, CEO of Credicorp, commented: “This dividend reflects the record results we achieved in 2024, the strength of our diversified business model and its ability to generate sustainable earnings across cycles. We remain committed to our vision of generating the right impact on society, while driving disruption and innovation across our businesses to shape the future of financial services in the region.” The cash dividend will be paid in US Dollars using the weighted exchange rate published by the Peruvian Superintendency of Banks, Insurance and Pension Funds (Superintendencia de Banca, Seguros y AFP) for transactions at the close of business on June 11, 2025. The US Dollar dividend amount will be rounded up to four decimal places. About CredicorpCredicorp Ltd. (NYSE: BAP) is the leading financial services holding company in Peru, with a diversified business portfolio organized into four primary lines of business: Universal Banking, through Banco de Crédito del Perú (BCP) and Banco de Crédito de Bolivia; Microfinance, through Mibanco in Peru and Colombia; Insurance and Pension Funds, through Grupo Pacifico and Prima AFP; and Investment Management and Advisory, through Credicorp Capital and ASB Bank Corp. Credicorp has a presence in Peru, Chile, Colombia, Bolivia, and Panama. For further information, please contact the IR team: investorrelations@credicorpperu.com Investor Relations Credicorp Ltd.

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