LA MOLINA, Bermuda (AP) — LA MOLINA, Bermuda (AP) — Credicorp Ltd. (BAP) on Thursday reported third-quarter net income of $492 million.
The La Molina, Bermuda-based bank said it had earnings of $6.17 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $6.05 per share.
The Peruvian finance company posted revenue of $2.01 billion in the period. Its revenue net of interest expense was $1.65 billion, matching Street forecasts.
Credicorp shares have climbed 38% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $252.15, a climb of 35% in the last 12 months.
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