Credicorp: Q3 Earnings Snapshot

LA MOLINA, Bermuda (AP) — LA MOLINA, Bermuda (AP) — Credicorp Ltd. (BAP) on Monday reported third-quarter profit of $570.8 million.

The bank, based in La Molina, Bermuda, said it had earnings of $7.19 per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $7.51 per share.

The Peruvian finance company posted revenue of $2.25 billion in the period. Its revenue net of interest expense was $1.84 billion, meeting Street forecasts.

Credicorp shares have climbed 24% since the beginning of the year. In the final minutes of trading on Monday, shares hit $355.90, a climb of 37% in the last 12 months.

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