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Credicorp: Q2 Earnings Snapshot

LA MOLINA, Bermuda (AP) — LA MOLINA, Bermuda (AP) — Credicorp Ltd. (BAP) on Thursday reported second-quarter net income of $577.8 million.

The La Molina, Bermuda-based bank said it had earnings of $7.29 per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $7.20 per share.

The Peruvian finance company posted revenue of $2.17 billion in the period. Its revenue net of interest expense was $1.79 billion, which also topped Street forecasts.

Credicorp shares have climbed 31% since the beginning of the year. The stock has climbed 50% in the last 12 months.

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This story was generated by (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a at https://www.zacks.com/ap/BAP

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