- Credicorp Ltd.: Credicorp Ltd. Announces Planned Executive Leadership Succession Across Microfinance, Finance and Audit
May 13, 2026
CREDICORP LTD. C/O BANCO DE CREDITO
Alejandro Pérez-Reyes Zarak appointed Head of Microfinance at Credicorp and CEO of Mibanco Peru and Ignacio Belaunde appointed Chief Financial Officer of Credicorp and BCP, both effective October 1, 2026; Rosa Cigüeñas Espinel appointed Chief Corporate Audit Officer, effective May 1, 2027
Lima, May 13, 2026 (GLOBE NEWSWIRE) -- Lima, Peru – [May 13th, 2026] – Credicorp Ltd. ("Credicorp" or "the Company") (NYSE: BAP | BVL: BAP), Peru’s leading financial services holding company in Peru with operations in Chile, Colombia, Bolivia, Panama, and the United States, today announced executive leadership changes as part of the Company’s ongoing succession planning and talent development process. At its meetings held today, the Board of Directors of Credicorp and the Board of Directors of Mibanco, Banco de la Microempresa S.A. (“Mibanco”) approved the appointment of Alejandro Pérez-Reyes Zarak as Head of Microfinance at Credicorp, and CEO of Mibanco, respectively, effective October 1, 2026, succeeding Javier Ichazo, who will step down from his role. Additionally, Ignacio Belaunde has been named Chief Financial Officer of Credicorp and Banco de Crédito del Perú ("BCP"), also effective October 1, 2026. These changes will ensure a smooth transition in leadership. The Board of Directors also accepted the resignation submitted by Jose Esposito Li Carrillo from his position as Chief Corporate Audit Officer of Credicorp. Mr. Esposito will remain in office until the end of April 2027, at which time he will retire, and Mrs. Rosa Cigüeñas Espinel will succeed him as Chief Corporate Audit Officer, effective May 1, 2027.
These appointments reflect Credicorp's disciplined approach to developing senior leaders through strategic, cross-business assignments, while reinforcing its commitment to long-term value creation and financial inclusion. They also come as Mibanco enters a new growth phase, building on a strengthened trajectory and positioning the franchise to become more scalable, dynamic and impactful.
Gianfranco Ferrari, Chief Executive Officer of Credicorp, noted: "These appointments are a clear expression of Credicorp's commitment to building leadership depth and ensuring continuity across our businesses. Alejandro has played an important role in strengthening our financial management capabilities and advancing key strategic initiatives across the group. His experience, strategic perspective and deep knowledge of Credicorp position him well to lead our microfinance business through its next phase of growth, as Mibanco builds on its strengthened trajectory and expands its impact among the microentrepreneurs it serves. Ignacio brings a strong combination of financial leadership, strategic planning and operating experience in banking. Since joining BCP, he has helped evolve the bank's planning capabilities and modernize financial information management. I am confident that both leaders will continue to contribute meaningfully to Credicorp's long-term success."
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Mr. Ferrari added: "I also wish to thank Javier Ichazo, who has decided to resign from his role as Head of Microfinance and CEO of Mibanco Peru and after a distinguished career at Credicorp. Javier's deep understanding of our clients, commitment to financial inclusion and steady leadership have made a lasting contribution to Mibanco and to our microfinance franchise. We are grateful for his service and wish him the very best in this new stage."
Mr. Ferrari concluded: “I also want to recognize Jose Esposito for his many years of service and leadership as Chief Corporate Audit Officer. His contribution has been important to strengthening Credicorp’s governance and control environment. We are also pleased that Rosa Cigüeñas will succeed him following an orderly transition period, bringing strong experience in transformation, technology and non-financial risk.”
Alejandro Pérez-Reyes Zarak appointed Head of Microfinance at Credicorp and CEO of Mibanco Peru
Alejandro Pérez-Reyes Zarak, currently Chief Financial Officer of Credicorp and BCP, will assume leadership of Credicorp's Microfinance line of business, effective October 1, 2026, succeeding Javier Ichazo. He joins the business as Mibanco enters a new growth phase following a period of strengthened performance and strategic repositioning. In this role, Mr. Pérez-Reyes will oversee Mibanco in Peru and Credicorp's broader microfinance agenda, with a focus on strengthening the franchise, enhancing risk-adjusted growth, and further developing the business's capacity to serve microentrepreneurs and underserved clients.
Mr. Pérez-Reyes has more than 26 years of experience at Credicorp. Before becoming CFO of Credicorp and BCP, he served as Chief Operating Officer of Credicorp and Head of Corporate Development, among other senior roles. Throughout his tenure, he has been deeply involved in strategy, finance, capital markets, transformation and operating model initiatives across the organization.
This appointment expands Mr. Pérez-Reyes's leadership responsibilities within Credicorp and reflects the Company's confidence in his ability to guide one of the group's most important franchises through its next phase of growth. It also underscores Credicorp's confidence in the long-term potential of microfinance and in Mibanco's opportunity to advance financial inclusion while becoming a more scalable and resilient business.
Ignacio Belaunde appointed CFO of Credicorp and BCP
Ignacio Belaunde, currently Head of Planning and Financial Control at BCP, will become Chief Financial Officer of Credicorp and BCP, effective October 1, 2026, succeeding Alejandro Pérez-Reyes Zarak. In his current role, Mr. Belaunde has played a fundamental role in strengthening the evolution of BCP's strategic planning and financial management capabilities. Under his leadership, BCP evolved its strategic planning process and associated management model, more deeply integrated its financial planning and control into the Bank’s strategy and advanced the technological modernization of its financial information management systems.
Mr. Belaunde has a solid track record in the financial sector. Prior to joining BCP, he held senior leadership positions at Scotiabank Peru, including CFO and Senior Vice President, Head of Peru Investment Banking, and CFO & COO of the Consumer Banking business. Earlier in his career, he worked in investment banking at Scotiabank and Citi, and also held a commercial role at Cargill.
Mr. Belaunde holds an MBA from INSEAD and a bachelor's degree in Economics from Universidad del Pacífico.
As CFO of Credicorp and BCP, Mr. Belaunde will lead the Company's financial strategy, planning and control, capital management, investor engagement and financial reporting.
Rosa Cigüeñas Espinel appointed Chief Corporate Audit Officer
Rosa Cigüeñas Espinel, currently Transformation Manager at BCP, will become Chief Corporate Audit Officer of Credicorp and Chief Audit Officer of BCP, effective May 1, 2027, succeeding Jose Esposito Li Carrillo upon his retirement. In her current role, Ms. Cigüeñas oversees BCP’s transformation agenda, helping ensure that key initiatives advance effectively and remain aligned with the Bank’s strategic objectives.
Ms. Cigüeñas has 17 years of experience at BCP, where she has held leadership roles across technology, transformation, alternative channels and non-financial risks. She has contributed to the modernization of key technology platforms, the strengthening of transformation governance, and the advancement of BCP’s non-financial risk management capabilities.
Prior to joining BCP, Ms. Cigüeñas worked for 9 years at Shell in Europe, where she held technology management roles.
Ms. Cigüeñas holds an MBA from the McCombs School of Business at The University of Texas at Austin and a bachelor’s degree in Economics from Universidad del Pacífico.
As Chief Corporate Audit Officer of Credicorp, Ms. Cigüeñas will lead the Company’s corporate audit function, supporting the continued strengthening of governance, controls and risk oversight.
About Credicorp
Credicorp (NYSE: BAP) is the leading financial services holding company in Peru with presence in Chile, Colombia, Bolivia, and Panama and United States. Credicorp has a diversified business portfolio organized into four lines of business (“LoBs”): Universal Banking, through BCP and Banco de Crédito de Bolivia; Microfinance, through Mibanco in Peru and Colombia; Insurance & Pension Funds, through Grupo Pacifico and Prima AFP; and Investment Management & Advisory, through Credicorp Capital, Wealth Management at BCP and ASB Bank Corp. Additionally, it complements its operations through Krealo, its Corporate Venture Capital arm.
Safe Harbor Statement
This press release contains forward-looking statements. These statements, which include words such as "will," "expects," "intends," "plans," "seeks," "continues," and similar expressions, are based on the current beliefs and expectations of Credicorp's management and are subject to risks and uncertainties. Actual results may differ materially from those projected. Credicorp Ltd. assumes no obligation to update these statements.
For more information, please refer to Credicorp's filings with the U.S. Securities and Exchange Commission.
For further information, please contact:
Investorrelations@credicorpperu.com
Investor Relations
Credicorp Ltd.
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- Credicorp Ltd.: Credicorp Ltd. Announces Planned Executive Leadership Succession Across Microfinance, Finance and Audit
May 13, 2026 · globenewswire.com
Lima, May 13, 2026 (GLOBE NEWSWIRE) -- Lima, Peru - [May 13th, 2026] - Credicorp Ltd. ("Credicorp" or "the Company") (NYSE: BAP | BVL: BAP), Peru's leading financial services holding company in Peru with operations in Chile, Colombia, Bolivia, Panama, and the United States, today announced executive leadership changes as part of the Company's ongoing succession planning and talent development process.
- CREDICORP LTD.: CREDICORP LTD. ANNOUNCES PLANNED EXECUTIVE LEADERSHIP SUCCESSION ACROSS MICROFINANCE, FINANCE AND AUDIT
May 13, 2026
LIMA, MAY 13, 2026 (GLOBE NEWSWIRE) -- LIMA, PERU - [MAY 13TH, 2026] - CREDICORP LTD. ("CREDICORP" OR "THE COMPANY") (NYSE: BAP | BVL: BAP), PERU'S LEADING FINANCIAL SERVICES HOLDING COMPANY IN PERU WITH OPERATIONS IN CHILE, COLOMBIA, BOLIVIA, PANAMA, AND THE UNITED STATES, TODAY ANNOUNCED EXECUTIVE LEADERSHIP CHANGES AS PART OF THE COMPANY'S ONGOING SUCCESSION PLANNING AND TALENT DEVELOPMENT PROCESS.
- Credicorp Ltd.: Credicorp Ltd.
May 13, 2026 · globenewswire.com
Alejandro Pérez-Reyes Zarak appointed Head of Microfinance at Credicorp and CEO of Mibanco Peru and Ignacio Belaunde appointed Chief Financial Officer of Credicorp and BCP, both effective October 1, 2026; Rosa Cigüeñas Espinel appointed Chief Corporate Audit Officer, effective May 1, 2027 Alejandro Pérez-Reyes Zarak appointed Head of Microfinance at Credicorp and CEO of Mibanco Peru and Ignacio Belaunde appointed Chief Financial Officer of Credicorp and BCP, both effective October 1, 2026; Rosa Cigüeñas Espinel appointed Chief Corporate Audit Officer, effective May 1, 2027
- CREDICORP LTD.: CREDICORP LTD.
May 13, 2026
ALEJANDRO PÉREZ-REYES ZARAK APPOINTED HEAD OF MICROFINANCE AT CREDICORP AND CEO OF MIBANCO PERU AND IGNACIO BELAUNDE APPOINTED CHIEF FINANCIAL OFFICER OF CREDICORP AND BCP, BOTH EFFECTIVE OCTOBER 1, 2026; ROSA CIGÜEÑAS ESPINEL APPOINTED CHIEF CORPORATE AUDIT OFFICER, EFFECTIVE MAY 1, 2027 ALEJANDRO PÉREZ-REYES ZARAK APPOINTED HEAD OF MICROFINANCE AT CREDICORP AND CEO OF MIBANCO PERU AND IGNACIO BELAUNDE APPOINTED CHIEF FINANCIAL OFFICER OF CREDICORP AND BCP, BOTH EFFECTIVE OCTOBER 1, 2026; ROSA CIGÜEÑAS ESPINEL APPOINTED CHIEF CORPORATE AUDIT OFFICER, EFFECTIVE MAY 1, 2027
- Quant snapshot: Beachbody, Deutsche Telekom among top-rated names as IceCure Medical, Fold Holdings lag
May 10, 2026
Quant rankings for the upcoming earnings calendar show strength concentrated across financials, consumer discretionary, and select industrial names, while weakness is more pronounced in health care and pockets of information technology. A total of 836 companies are scheduled to report in the coming week.
This week’s top-rated names are led by The Beachbody Company (BODI [https://seekingalpha.com/symbol/BODI]) and Deutsche Telekom (DTEGY [https://seekingalpha.com/symbol/DTEGY]), alongside Banco do Brasil (BDORY [https://seekingalpha.com/symbol/BDORY]) and American Public Education (APEI [https://seekingalpha.com/symbol/APEI]), highlighting strength across consumer services, telecom, and education-linked segments. Financial names such as Intercorp Financial Services (IFS [https://seekingalpha.com/symbol/IFS]) and Credicorp (BAP [https://seekingalpha.com/symbol/BAP]) also feature prominently, pointing to resilience within diversified banking. Industrial players including Innovative Aerosystems (ISSC [https://seekingalpha.com/symbol/ISSC]) and Electrovaya (ELVA [https://seekingalpha.com/symbol/ELVA]) add to the strength, while health care names Capricor Therapeutics (CAPR [https://seekingalpha.com/symbol/CAPR]) and Electromed (ELMD [https://seekingalpha.com/symbol/ELMD]) round out the list, reflecting favorable factor trends across valuation, growth, and profitability.
On the downside, health care stocks dominate the weakest-ranked group, with IceCure Medical (ICCM [https://seekingalpha.com/symbol/ICCM]) and LENZ Therapeutics (LENZ [https://seekingalpha.com/symbol/LENZ]) among the laggards, alongside biotechnology names such as Forum Markets (FRMM [https://seekingalpha.com/symbol/FRMM]) and MDxHealth (MDXH [https://seekingalpha.com/symbol/MDXH]), indicating continued pressure across the segment. Financial and industrial names including Fold Holdings (FLD [https://seekingalpha.com/symbol/FLD]), Birchtech (BCHT [https://seekingalpha.com/symbol/BCHT]), and Microvast (MVST [https://seekingalpha.com/symbol/MVST]) also appear on the list. Information technology names such as Exodus Movement (EXOD [https://seekingalpha.com/symbol/EXOD]), Forward Industries (FWDI [https://seekingalpha.com/symbol/FWDI]), and Innoviz Technologies (INVZ [https://seekingalpha.com/symbol/INVZ]) round out the bottom-ranked group, pointing to weaker trends across valuation and momentum.
Other high-profile companies set to report earnings this week include Alibaba (BABA [https://seekingalpha.com/symbol/BABA]), Cisco Systems (CSCO [https://seekingalpha.com/symbol/CSCO]), Barrick Gold (B [https://seekingalpha.com/symbol/B]), Nebius Group (NBIS [https://seekingalpha.com/symbol/NBIS]), and Plug Power (PLUG [https://seekingalpha.com/symbol/PLUG]), which carry Hold ratings for BABA, CSCO, NBIS, and PLUG, and a Buy rating for B, with quant scores of 3.14 [https://seekingalpha.com/symbol/BABA/ratings/quant-ratings], 3.44 [https://seekingalpha.com/symbol/CSCO/ratings/quant-ratings], 3.45 [https://seekingalpha.com/symbol/NBIS/ratings/quant-ratings], 3.34 [https://seekingalpha.com/symbol/PLUG/ratings/quant-ratings], and 4.24 [https://seekingalpha.com/symbol/B/ratings/quant-ratings], respectively.
Seeking Alpha’s Quant Rating system grades stocks based on their relative performance on critical quantitative measures, including valuation, growth, stock momentum, and profitability. Ratings are assigned on a scale from 1 to 5, with any score of 3.5 or above considered a bullish rating and any score of 2.5 or below indicating a bearish assessment.
HERE ARE THE TOP-RATED UPCOMING EARNINGS STOCKS, RANKED BY QUANT:
* The Beachbody Company (BODI [https://seekingalpha.com/symbol/BODI]), Quant Rating [https://seekingalpha.com/symbol/BODI/ratings/quant-ratings]: 4.96.
* Deutsche Telekom (DTEGY [https://seekingalpha.com/symbol/DTEGY]), Quant Rating [https://seekingalpha.com/symbol/DTEGY/ratings/quant-ratings]: 4.90.
* Banco do Brasil (BDORY [https://seekingalpha.com/symbol/BDORY]), Quant Rating [https://seekingalpha.com/symbol/BDORY/ratings/quant-ratings]: 4.89.
* American Public Education (APEI [https://seekingalpha.com/symbol/APEI]), Quant Rating [https://seekingalpha.com/symbol/APEI/ratings/quant-ratings]: 4.76.
* Innovative Aerosystems (ISSC [https://seekingalpha.com/symbol/ISSC]), Quant Rating [https://seekingalpha.com/symbol/ISSC/ratings/quant-ratings]: 4.75.
* Capricor Therapeutics (CAPR [https://seekingalpha.com/symbol/CAPR]), Quant Rating [https://seekingalpha.com/symbol/CAPR/ratings/quant-ratings]: 4.71.
* Electrovaya (ELVA [https://seekingalpha.com/symbol/ELVA]), Quant Rating [https://seekingalpha.com/symbol/ELVA/ratings/quant-ratings]: 4.60.
* Electromed (ELMD [https://seekingalpha.com/symbol/ELMD]), Quant Rating [https://seekingalpha.com/symbol/ELMD/ratings/quant-ratings]: 4.55.
* Intercorp Financial Services (IFS [https://seekingalpha.com/symbol/IFS]), Quant Rating [https://seekingalpha.com/symbol/IFS/ratings/quant-ratings]: 4.53.
* Credicorp (BAP [https://seekingalpha.com/symbol/BAP]), Quant Rating [https://seekingalpha.com/symbol/BAP/ratings/quant-ratings]: 4.51.
HERE ARE THE BOTTOM-RATED UPCOMING EARNINGS STOCKS, RANKED BY QUANT:
* IceCure Medical (ICCM [https://seekingalpha.com/symbol/ICCM]), Quant Rating [https://seekingalpha.com/symbol/ICCM/ratings/quant-ratings]: 1.00.
* Fold Holdings (FLD [https://seekingalpha.com/symbol/FLD]), Quant Rating [https://seekingalpha.com/symbol/FLD/ratings/quant-ratings]: 1.01.
* Birchtech (BCHT [https://seekingalpha.com/symbol/BCHT]), Quant Rating [https://seekingalpha.com/symbol/BCHT/ratings/quant-ratings]: 1.01.
* LENZ Therapeutics (LENZ [https://seekingalpha.com/symbol/LENZ]), Quant Rating [https://seekingalpha.com/symbol/LENZ/ratings/quant-ratings]: 1.02.
* Exodus Movement (EXOD [https://seekingalpha.com/symbol/EXOD]), Quant Rating [https://seekingalpha.com/symbol/EXOD/ratings/quant-ratings]: 1.03.
* Forum Markets (FRMM [https://seekingalpha.com/symbol/FRMM]), Quant Rating [https://seekingalpha.com/symbol/FRMM/ratings/quant-ratings]: 1.03.
* Forward Industries (FWDI [https://seekingalpha.com/symbol/FWDI]), Quant Rating [https://seekingalpha.com/symbol/FWDI/ratings/quant-ratings]: 1.06.
* MDxHealth (MDXH [https://seekingalpha.com/symbol/MDXH]), Quant Rating [https://seekingalpha.com/symbol/MDXH/ratings/quant-ratings]: 1.06.
* Microvast (MVST [https://seekingalpha.com/symbol/MVST]), Quant Rating [https://seekingalpha.com/symbol/MVST/ratings/quant-ratings]: 1.07.
* Innoviz Technologies (INVZ [https://seekingalpha.com/symbol/INVZ]), Quant Rating [https://seekingalpha.com/symbol/INVZ/ratings/quant-ratings]: 1.07.
MORE ON THE BEACHBODY COMPANY, DEUTSCHE TELEKOM AG, ETC.
* Barrick Mining Corporation (ABX:CA) Shareholder/Analyst Call Transcript [https://seekingalpha.com/article/4901483-barrick-mining-corporation-abx-ca-shareholder-analyst-call-transcript]
* Nebius: 2 Warnings From CoreWeave's Q1 2026 Earnings [https://seekingalpha.com/article/4901354-nebius-2-warnings-from-coreweave-q1-2026-earnings]
* Cisco Q3 Earnings Preview: Margin Focus As Shares Trade Near Highs [https://seekingalpha.com/article/4899260-cisco-q3-earnings-preview-margin-focus-as-shares-trade-near-highs]
* 19 of 20 S&P 500 tech companies beat EPS estimates: Earnings scorecard [https://seekingalpha.com/news/4589914-19-of-20-sp-500-tech-companies-beat-eps-estimates-earnings-scorecard]
* Plug Power Q1 earnings preview: revenue growth in focus [https://seekingalpha.com/news/4589936-plug-power-q1-earnings-preview-revenue-growth-in-focus]
- Baillie Gifford's Strategic Moves: Netflix Inc. Sees a Significant Reduction
May 8, 2026
This article first appeared on GuruFocus.
Exploring Baillie Gifford (Trades, Portfolio)'s Recent 13F Filing and Investment Adjustments
Warning! GuruFocus has detected 5 Warning Signs with NVDA. Is NVDA fairly valued? Test your thesis with our free DCF calculator.
Baillie Gifford (Trades, Portfolio) recently submitted the 13F filing for the first quarter of 2026, providing insights into its investment moves during this period. Established over a century ago, Baillie Gifford (Trades, Portfolio) is a renowned investment management partnership that prioritizes existing clients' interests by closing products to new business. This ensures the integrity of strategies and quality of service. The firm manages funds for some of the world's largest professional investors, including international portfolios for US and Canadian clients, and leading pension funds in Europe. With a focus on fundamental analysis and proprietary research, Baillie Gifford (Trades, Portfolio) employs a long-term, bottom-up investment approach, seeking companies with sustainable growth potential. This philosophy has guided the firm's strategy for over 100 years.
Key Position Increases
Baillie Gifford (Trades, Portfolio) also increased stakes in a total of 63 stocks, among them:
The most notable increase was in Credicorp Ltd (NYSE:BAP), with an additional 1,296,605 shares, bringing the total to 2,729,498 shares. This adjustment represents a significant 90.49% increase in share count, a 0.45% impact on the current portfolio, with a total value of $925,791,140. The second largest increase was in EOG Resources Inc (NYSE:EOG), with an additional 2,574,501 shares, bringing the total to 2,718,534. This adjustment represents a significant 1,787.44% increase in share count, with a total value of $393,018,470.
Summary of Sold Out
Baillie Gifford (Trades, Portfolio) completely exited 11 holdings in the first quarter of 2026, as detailed below:
FTAI Aviation Ltd (NASDAQ:FTAI): Baillie Gifford (Trades, Portfolio) sold all 2,286,363 shares, resulting in a -0.37% impact on the portfolio. Salesforce Inc (NYSE:CRM): Baillie Gifford (Trades, Portfolio) liquidated all 1,062,815 shares, causing a -0.23% impact on the portfolio.
Key Position Reduces
Baillie Gifford (Trades, Portfolio) also reduced positions in 175 stocks. The most significant changes include:
Reduced Netflix Inc (NASDAQ:NFLX) by 15,134,366 shares, resulting in a -40.97% decrease in shares and a -1.18% impact on the portfolio. The stock traded at an average price of $88.11 during the quarter and has returned 6.91% over the past 3 months and -6.27% year-to-date. Reduced The Trade Desk Inc (NASDAQ:TTD) by 22,155,614 shares, resulting in a -99.33% reduction in shares and a -0.7% impact on the portfolio. The stock traded at an average price of $28.87 during the quarter and has returned -18.60% over the past 3 months and -42.02% year-to-date.
Story Continues
Portfolio Overview
At the first quarter of 2026, Baillie Gifford (Trades, Portfolio)'s portfolio included 270 stocks. The top holdings included 7.26% in NVIDIA Corp (NASDAQ:NVDA), 5.98% in Amazon.com Inc (NASDAQ:AMZN), 5.71% in MercadoLibre Inc (NASDAQ:MELI), 4.07% in Spotify Technology SA (NYSE:SPOT), and 3.62% in Nu Holdings Ltd (NYSE:NU).
The holdings are mainly concentrated in 11 industries: Consumer Cyclical, Technology, Communication Services, Healthcare, Financial Services, Industrials, Consumer Defensive, Basic Materials, Energy, Real Estate, and Utilities.
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- Kingstone Companies, Inc (KINS) Reports Q1 Loss, Beats Revenue Estimates
May 8, 2026
Kingstone Companies, Inc (KINS) came out with a quarterly loss of $0.35 per share versus the Zacks Consensus Estimate of a loss of $0.26. This compares to earnings of $0.17 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -34.62%. A quarter ago, it was expected that this company would post earnings of $1.05 per share when it actually produced earnings of $1.08, delivering a surprise of +2.86%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Kingstone Companies, which belongs to the Zacks Insurance - Property and Casualty industry, posted revenues of $59.78 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 2.71%. This compares to year-ago revenues of $50.5 million. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Kingstone Companies shares have lost about 2.3% since the beginning of the year versus the S&P 500's gain of 7.6%.
What's Next for Kingstone Companies?
While Kingstone Companies has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Kingstone Companies was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.80 on $61.8 million in revenues for the coming quarter and $2.30 on $257.3 million in revenues for the current fiscal year.
Story Continues
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Insurance - Property and Casualty is currently in the top 41% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the broader Zacks Finance sector, Credicorp (BAP), has yet to report results for the quarter ended March 2026. The results are expected to be released on May 14.
This Peruvian finance company is expected to post quarterly earnings of $7.06 per share in its upcoming report, which represents a year-over-year change of +17.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Credicorp's revenues are expected to be $1.75 billion, up 23.5% from the year-ago quarter.
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Kingstone Companies, Inc (KINS) : Free Stock Analysis Report
Credicorp Ltd. (BAP) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
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- Should Value Investors Buy Credicorp (BAP) Stock?
May 6, 2026
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
One company to watch right now is Credicorp (BAP). BAP is currently holding a Zacks Rank #2 (Buy) and a Value grade of A. The stock has a Forward P/E ratio of 10.29. This compares to its industry's average Forward P/E of 10.30. Over the past 52 weeks, BAP's Forward P/E has been as high as 11.83 and as low as 7.58, with a median of 8.88.
Another notable valuation metric for BAP is its P/B ratio of 2.18. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. BAP's current P/B looks attractive when compared to its industry's average P/B of 2.48. Over the past 12 months, BAP's P/B has been as high as 2.31 and as low as 1.37, with a median of 1.67.
Finally, investors will want to recognize that BAP has a P/CF ratio of 11.14. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. BAP's P/CF compares to its industry's average P/CF of 20.06. Over the past 52 weeks, BAP's P/CF has been as high as 11.80 and as low as 7.77, with a median of 9.43.
These are just a handful of the figures considered in Credicorp's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that BAP is an impressive value stock right now.
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Story Continues
This article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
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- Should Value Investors Buy Credicorp (BAP) Stock?
May 6, 2026 · zacks.com
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
