BAP vs. BSAC: Credicorp vs. Banco Santander-Chile Stock Comparison

Company Profile

Credicorp (BAP) and Banco Santander-Chile (BSAC) are both classified in the Diversified Banks sub-industry within the broader Banks industry, placing them in the closest GICS peer bucket.

Credicorp (BAP) trades as ordinary local shares, while Banco Santander-Chile (BSAC) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

Both Credicorp (BAP) at 20.41% and Banco Santander-Chile (BSAC) at 23.31% turn shareholders’ equity into profit at rates above their industry benchmark ranges for ROE. That is a strong capital-efficiency signal, though leverage and the equity base still matter.

Banco Santander-Chile (BSAC) at 47.19% retains a top-quartile share of revenue as profit, ahead of Credicorp (BAP) at 33.10%, which keeps about the industry-typical share.

Neither side reports a meaningful operating margin: for Credicorp (BAP) in Banks and Banco Santander-Chile (BSAC) in Banks, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.

Profitability Metrics

Growth

Both Credicorp (BAP) at 11.57% and Banco Santander-Chile (BSAC) at 9.86% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Both Credicorp (BAP) at 26.04% and Banco Santander-Chile (BSAC) at 22.86% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

Growth Metrics

Financial Strength

current ratio doesn’t apply on either side: Credicorp (BAP) in Banks and Banco Santander-Chile (BSAC) in Banks both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.

debt-to-equity ratio is set aside for both: Credicorp (BAP) in Banks and Banco Santander-Chile (BSAC) in Banks run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.

Financial Strength Metrics

Dividends

Banco Santander-Chile (BSAC) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Credicorp (BAP) reports a yield of 14.37%, ranking against industry peers normally.

Both Credicorp (BAP) at 53.95% and Banco Santander-Chile (BSAC) at 57.73% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

Dividend Metrics

Valuation

Both Credicorp (BAP) at 13.10 and Banco Santander-Chile (BSAC) at 12.48 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

P/S ratio is set aside for both Credicorp (BAP) in Banks and Banco Santander-Chile (BSAC) in Banks: without a conventional revenue line, pricing per dollar of sales isn’t meaningful, and book- or earnings-based multiples make the better comparison.

Banco Santander-Chile (BSAC) at 1.33 sits near its industry’s typical P/B ratio, while Credicorp (BAP) at 2.57 prices above its benchmark range — BAP looks rich relative to book.

Valuation Metrics