Credicorp (BAP) Rose as Results Exceeded Expectations

Aristotle Capital Management, LLC, an investment management company, released its “International Equity Strategy” third quarter 2025 investor letter. A copy of the letter can be downloaded here. Global equity markets continued their upward journey in the third quarter, with the MSCI ACWI Index surging 7.62%. Global fixed income markets also increased during the same period, with the Bloomberg Global Aggregate Bond Index rising 0.60%. The Aristotle International Equity Fund (Class I-2) returned 1.15% in the quarter compared to a 6.89% return for the MSCI ACWI ex USA Index and a 4.77% return for the MSCI EAFE Index. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2025.

In its third-quarter 2025 investor letter, Aristotle International Equity Strategy highlighted stocks such as Credicorp Ltd. (NYSE:BAP). Credicorp Ltd. (NYSE:BAP) is a bank that offers financial, insurance, and health services and products. The one-month return for Credicorp Ltd. (NYSE:BAP) was 10.99%, and its shares gained 52.97% over the last 52 weeks. On December 17, 2025, Credicorp Ltd. (NYSE:BAP) stock closed at $275.60 per share, with a market capitalization of $21.873 billion.

Aristotle International Equity Strategy stated the following regarding Credicorp Ltd. (NYSE:BAP) in its third quarter 2025 investor letter:

“Credicorp Ltd. (NYSE:BAP), the largest bank in Peru, was a leading contributor during the quarter. Results exceeded expectations, supported by robust loan growth—particularly in microfinance and retail segments—stable asset quality, and disciplined cost management, even as Peru’s central bank cut rates. From our perspective, these outcomes represent the strength of a well-executed long-term strategy. Credicorp’s multi-pronged platform—anchored in banking, insurance, and wealth management—offers durable advantages in an underpenetrated financial system. Its leading positions in microfinance (via Mibanco), pension fund management, and investment advisory foster lasting customer relationships and recurring revenue through multi-product engagement. The company is also prudently expanding its digital ecosystem, enhancing efficiency and broadening access across income levels. Importantly, even amid macroeconomic uncertainty, management has consistently prioritized long-term value over volume, allocating capital conservatively and maintaining disciplined underwriting. We believe this enduring combination of diversification, market leadership, and risk-aware culture supports our conviction in Credicorp as a resilient business with the ability to compound value over time.”

5 Highest Paying Countries for Business Analysts

Credicorp Ltd. (NYSE:BAP) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 32 hedge fund portfolios held Credicorp Ltd. (NYSE:BAP) at the end of the third quarter, which was 29 in the previous quarter. While we acknowledge the risk and potential of Credicorp Ltd. (NYSE:BAP) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CREDICORP LTD. (NYSE:BAP) and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In another article, we covered Credicorp Ltd. (NYSE:BAP) and shared the list of best annual dividend stocks to buy according to hedge funds. In addition, please check out our hedge fund investor letters Q3 2025 page for more investor letters from hedge funds and other leading investors.

READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.

Disclosure: None. This article is originally published at Insider Monkey.