BAP vs CFG: Credicorp and Citizens Financial compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Credicorp is the larger company, worth $30.1B, close to Citizens Financial's $27.1B.
- Citizens Financial grew revenue faster over the last year (+17.8% vs +7.0%).
- On earnings, Citizens Financial is the cheaper stock (15.2x vs 15.2x).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | BAP | CFG |
|---|---|---|
| Market cap | $30.1B | $27.1B |
| Share price | $381.21 | $63.57 |
| Revenue (last fiscal year) | $27.5B | $1.6B |
| Free cash flow (last fiscal year) | $13.4B | — |
| Revenue growth, last year | +7.0% | +17.8% |
| Revenue growth per year, last 5 fiscal years | +10.5% | +5.4% |
| Operating margin | — | — |
| Net margin | 20.0% | 121.4% |
| Return on equity | 16.0% | 8.1% |
| P/E (trailing) | 15.2x | 15.2x |
| Price / free cash flow | 3.90x | 13.3x |
| EV / EBITDA | — | 8.99x |
| FCF growth the price implies | — | — |
| Dividend yield | 3.8% | 2.7% |
| Debt / equity | 6.44x | 7.93x |
| Fundamental grade | C | C |
| Superinvestors holding it | 5 | 4 |
| Insider purchases, last 12 months | 0 | 0 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Credicorp
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2020 | $18.4B | $12.1B | — |
| 2021 | $19.5B | $3.3B | — |
| 2022 | $20.9B | -$2.0B | — |
| 2023 | $25.7B | $2.9B | — |
| 2024 | $27.5B | $13.4B | — |
Citizens Financial
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $1.3B | — | — |
| 2022 | $1.3B | — | — |
| 2023 | $1.3B | — | — |
| 2024 | $1.5B | — | — |
| 2025 | $1.6B | — | — |
Where the revenue comes from
Credicorp · by regions, 2025
In Peru$29.7B90%
Colombia$1.4B4%
Bolivia$735M2%
Cayman Islands$532M2%
Panama$404M1%
Chile$234M1%
Citizens Financial · by segments, 2025
Consumer Banking$6.2B69%
Commercial Banking$2.8B31%
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open BAP in InvestinglyQuestions
Which is bigger, Credicorp or Citizens Financial?
Credicorp (BAP), at $30.1B against $27.1B.
Is BAP or CFG cheaper?
By trailing P/E, Citizens Financial (15.2x) is cheaper than Credicorp (15.2x). A lower multiple can also mean the market expects less growth.
Which grows faster, BAP or CFG?
Citizens Financial: revenue grew +17.8% over the last year, against +7.0%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.