BAP vs. HSBC: Credicorp vs. HSBC Stock Comparison
How do Credicorp (BAP) and HSBC (HSBC) 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 HSBC (HSBC) 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 HSBC (HSBC) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | BAP | HSBC |
|---|---|---|
| Name | Credicorp Ltd. | HSBC Holdings plc Sponsored ADR |
| Country/Region | Peru | United Kingdom |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Banks | Banks |
| GICS Industry | Banks | Banks |
| GICS Sub-Industry | Diversified Banks | Diversified Banks |
| Market Capitalization | 27.63 billion USD | 297.66 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | October 25, 1995 | July 16, 1999 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | BAP | HSBC |
|---|---|---|
| Total Return (1Y) | 44.06% | 32.02% |
| Total Return (3Y, Annualized) | 52.62% | 43.61% |
| Total Return (5Y, Annualized) | 29.84% | 33.35% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | BAP | HSBC |
|---|---|---|
| Volatility (1Y, Annualized) | 34.92% | 28.54% |
| Beta (5Y) | 0.87 | 0.54 |
| Max Drawdown (5Y) | -33.33% | -31.80% |
| Avg. Volume (3M) | 316.59K | 1.58M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | BAP | HSBC |
|---|---|---|
| Sharpe Ratio (1Y) | 1.14 | 0.97 |
| Sortino Ratio (1Y) | 1.75 | 1.52 |
Profitability
ROE (TTM)
Both companies show strong equity returns, but Credicorp (BAP) at 20.41% is the standout with ROE above its industry range; HSBC (HSBC) at 14.22% also sits in the top quartile.
BAP
Banks industry group
20.41%
- BAP
- 20.41%
- Max
- 19.84%
- Q3
- 13.67%
- Median
- 11.49%
- Q1
- 9.50%
- Min
- 3.64%
HSBC
Banks industry group
14.22%
- Max
- 19.84%
- HSBC
- 14.22%
- Q3
- 13.67%
- Median
- 11.49%
- Q1
- 9.50%
- Min
- 3.64%
Net Margin (TTM)
HSBC (HSBC) at 41.16% retains a top-quartile share of revenue as profit, ahead of Credicorp (BAP) at 33.10%, which keeps about the industry-typical 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%
HSBC
Banks industry group
41.16%
- Max
- 47.19%
- HSBC
- 41.16%
- Q3
- 35.25%
- Median
- 31.21%
- Q1
- 27.11%
- Min
- 14.93%
Operating Margin (TTM)
Neither side reports a meaningful operating margin: for Credicorp (BAP) in Banks and HSBC (HSBC) in Banks, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.
Profitability Metrics
| Metric | BAP | HSBC |
|---|---|---|
| ROE (TTM) | 20.41% | 14.22% |
| ROA (TTM) | 2.84% | 0.84% |
| Net Margin (TTM) | 33.10% | 41.16% |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Credicorp (BAP) at 11.57% is around its peer norm for revenue growth, while HSBC (HSBC) at 5.38% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Credicorp (BAP) at 26.04% is around its peer norm for EPS growth, while HSBC (HSBC) at -3.23% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | BAP | HSBC |
|---|---|---|
| Revenue Growth (YoY) | 11.57% | 5.38% |
| Revenue Growth (3Y CAGR) | 12.30% | 9.75% |
| EPS Growth (YoY) | 26.04% | -3.23% |
| EPS Growth (3Y CAGR) | 14.42% | 17.49% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Credicorp (BAP) in Banks and HSBC (HSBC) 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 HSBC (HSBC) 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 | HSBC |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Credicorp (BAP) at 14.37% yields beyond its industry’s entire range — a level that invites a dividend-safety check — while HSBC (HSBC) at 0.86% sits in the bottom quartile of its peers.
BAP
Banks industry group
14.37%
- BAP
- 14.37%
- Max
- 5.79%
- Q3
- 3.18%
- Median
- 2.39%
- Q1
- 1.20%
- Min
- 0.00%
HSBC
Banks industry group
0.86%
- Max
- 5.79%
- Q3
- 3.18%
- Median
- 2.39%
- Q1
- 1.20%
- HSBC
- 0.86%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Credicorp (BAP) at 53.95% and HSBC (HSBC) at 53.57% 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%
HSBC
Banks industry group
53.57%
- Max
- 70.75%
- HSBC
- 53.57%
- Q3
- 41.28%
- Median
- 29.26%
- Q1
- 18.98%
- Min
- 0.00%
Dividend Metrics
| Metric | BAP | HSBC |
|---|---|---|
| Dividend Yield (TTM) | 14.37% | 0.86% |
| Dividend Payout Ratio (TTM) | 53.95% | 53.57% |
Valuation
P/E Ratio (TTM)
Both Credicorp (BAP) at 13.10 and HSBC (HSBC) at 11.38 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
BAP
Banks industry group
13.10
- Max
- 18.16
- Q3
- 13.75
- BAP
- 13.10
- Median
- 11.81
- Q1
- 10.64
- Min
- 6.49
HSBC
Banks industry group
11.38
- Max
- 18.16
- Q3
- 13.75
- Median
- 11.81
- HSBC
- 11.38
- Q1
- 10.64
- Min
- 6.49
P/S Ratio (TTM)
P/S ratio is set aside for both Credicorp (BAP) in Banks and HSBC (HSBC) 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)
Measured against book value, both Credicorp (BAP) at 2.57 and HSBC (HSBC) at 6.87 look expensive — each P/B ratio sits above its industry’s benchmark range.
BAP
Banks industry group
2.57
- BAP
- 2.57
- Max
- 2.28
- Q3
- 1.58
- Median
- 1.32
- Q1
- 1.10
- Min
- 0.59
HSBC
Banks industry group
6.87
- HSBC
- 6.87
- Max
- 2.28
- Q3
- 1.58
- Median
- 1.32
- Q1
- 1.10
- Min
- 0.59
Valuation Metrics
| Metric | BAP | HSBC |
|---|---|---|
| P/E Ratio (TTM) | 13.10 | 11.38 |
| P/S Ratio (TTM) | -- | -- |
| P/B Ratio (MRQ) | 2.57 | 6.87 |
| Free Cash Flow Yield (TTM) | -- | -- |