Credicorp (Credicorp) Tax Rate %

: 26.51% (As of Sep. 2023)

View and export this data going back to 1995. Start your Free Trial

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Credicorp's Tax Expense for the three months ended in Sep. 2023 was $122 Mil. Credicorp's Pre-Tax Income for the three months ended in Sep. 2023 was $459 Mil. Therefore, Credicorp's Tax Rate % for the quarter that ended in Sep. 2023 was 26.51%.

Credicorp Tax Rate % Historical Data

The historical data trend for Credicorp's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Credicorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

27.16

-49.06

31.15

30.78

27.58

Credicorp Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %																31.84	25.87	26.08	26.51	33.78

Credicorp Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Credicorp's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2022 )	/	Pre-Tax Income (A: Dec. 2022 )
	=	563.402	/	1830.193
	=	30.78 %

Credicorp's Tax Rate % for the quarter that ended in Sep. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2023 )	/	Pre-Tax Income (Q: Sep. 2023 )
	=	121.694	/	459.006
	=	26.51 %

Credicorp Tax Rate % Related Terms

Thank you for viewing the detailed overview of Credicorp's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Credicorp (Credicorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Credicorp Ltd (NYSE:BAP) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

BAP:Peru

Address

Calle Centenario 156, La Molina, Lima, PER, 12

Website

https://www.grupocredicorp.com

Credicorp Ltd is a financial services company in Peru. The company is involved mainly in commercial banking, providing trade finance, corporate finance, and leasing services. It also offers insurance for commercial property, transportation, automobile, life, health, and investment banking services: brokerage services, asset management, trust, custody and securitization services, trading and investment, and pension fund business. The company operates the following subsidiaries: Banco de Credito del Peru, Atlantic Security Bank, Prima AFP, El Pacifico-Peruano Suiza Compania de Seguros y Reaseguros, Credicorp Capital, and BCP Bolivia.