BAP vs. FHN: Credicorp vs. First Horizon Stock Comparison
How do Credicorp (BAP) and First Horizon (FHN) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Credicorp (BAP) and First Horizon (FHN) both belong to the Banks industry, though BAP is classified under Diversified Banks while FHN falls under Regional Banks.
| Profile Item | BAP | FHN |
|---|---|---|
| Name | Credicorp Ltd. | First Horizon Corporation |
| Country/Region | Peru | United States |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Banks | Banks |
| GICS Industry | Banks | Banks |
| GICS Sub-Industry | Diversified Banks | Regional Banks |
| Market Capitalization | 27.63 billion USD | 10.85 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | October 25, 1995 | March 17, 1980 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | BAP | FHN |
|---|---|---|
| Total Return (1Y) | 44.06% | 12.96% |
| Total Return (3Y, Annualized) | 52.62% | 32.94% |
| Total Return (5Y, Annualized) | 29.84% | 10.16% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | BAP | FHN |
|---|---|---|
| Volatility (1Y, Annualized) | 34.92% | 22.55% |
| Beta (5Y) | 0.87 | 0.61 |
| Max Drawdown (5Y) | -33.33% | -60.76% |
| Avg. Volume (3M) | 316.59K | 5.55M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | BAP | FHN |
|---|---|---|
| Sharpe Ratio (1Y) | 1.14 | 0.38 |
| Sortino Ratio (1Y) | 1.75 | 0.56 |
Profitability
ROE (TTM)
Credicorp (BAP) at 20.41% delivers above-range ROE, while First Horizon (FHN) at 7.92% falls into the bottom quartile — a wide split in profit generated from equity.
BAP
Banks industry group
20.41%
- BAP
- 20.41%
- Max
- 19.84%
- Q3
- 13.67%
- Median
- 11.49%
- Q1
- 9.50%
- Min
- 3.64%
FHN
Banks industry group
7.92%
- Max
- 19.84%
- Q3
- 13.67%
- Median
- 11.49%
- Q1
- 9.50%
- FHN
- 7.92%
- Min
- 3.64%
Net Margin (TTM)
Credicorp (BAP) at 33.10% keeps about the industry-typical share of revenue as profit, while First Horizon (FHN) at 23.43% retains only a bottom-quartile share.
BAP
Banks industry group
33.10%
- Max
- 47.19%
- Q3
- 35.25%
- BAP
- 33.10%
- Median
- 31.21%
- Q1
- 27.11%
- Min
- 14.93%
FHN
Banks industry group
23.43%
- Max
- 47.19%
- Q3
- 35.25%
- Median
- 31.21%
- Q1
- 27.11%
- FHN
- 23.43%
- Min
- 14.93%
Operating Margin (TTM)
Neither side reports a meaningful operating margin: for Credicorp (BAP) in Banks and First Horizon (FHN) in Banks, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.
Profitability Metrics
| Metric | BAP | FHN |
|---|---|---|
| ROE (TTM) | 20.41% | 7.92% |
| ROA (TTM) | 2.84% | 0.87% |
| Net Margin (TTM) | 33.10% | 23.43% |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Both Credicorp (BAP) at 11.57% and First Horizon (FHN) at 7.33% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
First Horizon (FHN) at 37.50% sits in the top EPS growth quartile, while Credicorp (BAP) at 26.04% is closer to the peer norm — faster per-share earnings growth for FHN.
Growth Metrics
| Metric | BAP | FHN |
|---|---|---|
| Revenue Growth (YoY) | 11.57% | 7.33% |
| Revenue Growth (3Y CAGR) | 12.30% | 2.12% |
| EPS Growth (YoY) | 26.04% | 37.50% |
| EPS Growth (3Y CAGR) | 14.42% | 6.92% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Credicorp (BAP) in Banks and First Horizon (FHN) 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 / Equity (MRQ)
debt-to-equity ratio is set aside for both: Credicorp (BAP) in Banks and First Horizon (FHN) 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
| Metric | BAP | FHN |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
First Horizon (FHN) at 2.85% pays an industry-typical yield; Credicorp (BAP) at 14.37% is above its entire peer range — the higher number, but one that calls for a look at payout sustainability before treating it as an advantage.
BAP
Banks industry group
14.37%
- BAP
- 14.37%
- Max
- 5.79%
- Q3
- 3.18%
- Median
- 2.39%
- Q1
- 1.20%
- Min
- 0.00%
FHN
Banks industry group
2.85%
- Max
- 5.79%
- Q3
- 3.18%
- FHN
- 2.85%
- Median
- 2.39%
- Q1
- 1.20%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Credicorp (BAP) at 53.95% and First Horizon (FHN) at 47.48% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.
BAP
Banks industry group
53.95%
- Max
- 70.75%
- BAP
- 53.95%
- Q3
- 41.28%
- Median
- 29.26%
- Q1
- 18.98%
- Min
- 0.00%
FHN
Banks industry group
47.48%
- Max
- 70.75%
- FHN
- 47.48%
- Q3
- 41.28%
- Median
- 29.26%
- Q1
- 18.98%
- Min
- 0.00%
Dividend Metrics
| Metric | BAP | FHN |
|---|---|---|
| Dividend Yield (TTM) | 14.37% | 2.85% |
| Dividend Payout Ratio (TTM) | 53.95% | 47.48% |
Valuation
P/E Ratio (TTM)
Credicorp (BAP) at 13.10 is near its industry’s usual P/E ratio, while First Horizon (FHN) at 16.58 sits in the richer quartile — FHN needs stronger growth or earnings quality to justify the premium.
BAP
Banks industry group
13.10
- Max
- 18.16
- Q3
- 13.75
- BAP
- 13.10
- Median
- 11.81
- Q1
- 10.64
- Min
- 6.49
FHN
Banks industry group
16.58
- Max
- 18.16
- FHN
- 16.58
- Q3
- 13.75
- Median
- 11.81
- Q1
- 10.64
- Min
- 6.49
P/S Ratio (TTM)
P/S ratio is set aside for both Credicorp (BAP) in Banks and First Horizon (FHN) 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.
P/B Ratio (MRQ)
First Horizon (FHN) at 1.34 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.
BAP
Banks industry group
2.57
- BAP
- 2.57
- Max
- 2.28
- Q3
- 1.58
- Median
- 1.32
- Q1
- 1.10
- Min
- 0.59
FHN
Banks industry group
1.34
- Max
- 2.28
- Q3
- 1.58
- FHN
- 1.34
- Median
- 1.32
- Q1
- 1.10
- Min
- 0.59
Valuation Metrics
| Metric | BAP | FHN |
|---|---|---|
| P/E Ratio (TTM) | 13.10 | 16.58 |
| P/S Ratio (TTM) | -- | -- |
| P/B Ratio (MRQ) | 2.57 | 1.34 |
| Free Cash Flow Yield (TTM) | -- | -- |