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BAP vs BBD
Which Stock Would AI Choose? Credicorp Ltd. (BAP) vs. Banco Bradesco S.A. (BBD) Stock Comparison
1) Key Takeaways
- Different markets, different cycles: BAP (Credicorp) is anchored to Peru's banking recovery, while BBD (Banco Bradesco) rides Brazil's interest-rate easing cycle.
- Relative performance: Credicorp has delivered stronger momentum, with a roughly 42% year-to-date gain versus approximately 28% for Bradesco over the same period.
- Profitability gap: Credicorp's return on equity (ROE) of about 20% materially exceeds Bradesco's mid-teens return on average equity (ROAE).
- Valuation contrast: Bradesco trades at a single-digit price-to-earnings (P/E) multiple, while Credicorp commands a higher multiple reflecting stronger returns.
- Both have digital catalysts: Credicorp's Yape payments platform and Bradesco's BIA GenAI assistant are central to their respective growth narratives.
- Risk profiles differ: Credicorp faces Peruvian election and weather-related uncertainty, while Bradesco's outlook hinges on sustained rate cuts and credit-quality improvement.
2) Introduction
Investors comparing Latin American financial institutions often weigh BAP and BBD as two distinct ways to gain exposure to emerging-market banking. Credicorp Ltd., Peru's largest financial holding company, and Banco Bradesco S.A., Brazil's second-largest private bank, both operate in high-growth economies but sit at very different points in their business cycles. This stock comparison is most relevant for investors and traders evaluating regional diversification, relative performance, and market positioning across two of South America's most influential banking franchises. Understanding their contrasting growth drivers, profitability profiles, and risk factors helps clarify which name may better suit a given portfolio objective under current conditions.
3) BAP Overview and Recent Performance
BAP, or Credicorp Ltd., is a diversified financial group headquartered in Lima, Peru, spanning universal banking, microfinance, insurance and pensions, and investment management. Recent market activity has favored the stock, which has traded near the upper end of its 52-week range and posted a roughly 42% year-to-date return. This strength reflects improving fundamentals: first-quarter 2026 net interest income (NII) rose about 10.9% year over year, loan growth reached 8.2%, and ROE came in at 21.1%, exceeding guidance. In the most recent quarter, management lifted its medium-term ROE target to roughly 22%.
Sentiment has been further supported by growth in its Yape digital payments platform, where fee income expanded around 15%, and by a record ordinary dividend declaration. Offsetting factors include rising inflation near 4%, upcoming presidential elections, and potential weather-related disruptions to Peru's primary sectors, all of which add near-term uncertainty to an otherwise strong earnings trajectory.
4) BBD Overview and Recent Performance
BBD, or Banco Bradesco S.A., is Brazil's second-largest private bank and the country's leading insurance provider, operating through banking and insurance segments. The stock has rallied in recent weeks, gaining more than 20% at one point as Brazil's central bank lowered its benchmark Selic rate and traders priced in further cuts. This easing cycle supports Bradesco by lowering credit costs and encouraging loan demand. Second-quarter net income rose roughly 16% year over year, with ROAE reaching about 16.2%.
Bradesco's recovery narrative is reinforced by its digital transformation, including the BIA GenAI assistant serving customers across channels, and by a deliberate shift toward secured lending, which now accounts for the majority of its loan book. However, the bank's profitability still trails its main private-sector peer, and its stock now trades near the average analyst price target, suggesting much of the re-rating may already be reflected in the share price.
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6) Head-to-Head Comparison
The most striking contrast between these two names is the trade-off between profitability and valuation. Credicorp delivers an ROE near 20% with a P/E multiple in the mid-teens, reflecting a premium for superior returns and digital-led growth. Bradesco, by contrast, trades at a single-digit P/E but generates a lower ROAE in the mid-teens, reflecting a recovery still in progress rather than fully established.
Growth drivers also diverge. Credicorp's momentum is tied to loan expansion, low-cost funding, and monetization of Yape, while Bradesco's outlook depends more heavily on macro policy — specifically, how quickly and how far the Selic rate falls — and on converting its efficiency and AI investments into sustained profitability. Sector exposure is similar on the surface, but the geographic risk differs: Peru's political cycle and El Niño weather patterns versus Brazil's rate trajectory and competitive landscape. In terms of market sentiment, Credicorp carries stronger momentum, while Bradesco offers a cheaper valuation with a higher dividend yield, presenting a classic growth-versus-value contrast.
7) Tickeron AI Verdict
Based on observable factors such as trend consistency, profitability, and earnings momentum, Tickeron's AI would likely favor BAP in the current environment. Credicorp exhibits a more established uptrend, superior ROE, and consistent earnings beats supported by expanding digital revenue, whereas Bradesco's re-rating appears to have already priced in much of its rate-cut catalyst. That said, the assessment is probabilistic rather than definitive: Bradesco's lower valuation and higher dividend yield could regain favor if Brazil's easing cycle extends and credit quality continues improving. Relative positioning currently tilts toward Credicorp, but both names present distinct risk-reward profiles that AI-driven models would weigh against shifting macro conditions.
8) Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is BAP is a Buy and BBD is a StrongBuy.
BAP in upward trend: 10-day moving average moved above 50-day moving average on October 15, 2026
The 10-day moving average for BAP crossed bullishly above the 50-day moving average on October 15, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In 11 of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 79%.
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a +1.65% 3-day Advance, the price is estimated to grow further. Considering data from situations where BAP advanced for three days, in 233 of 336 cases, the price rose further within the following month. The odds of a continued upward trend are 69%.
BAP may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In 260 of 360 cases where BAP Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 72%.
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 30 of 57 cases where BAP's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 53%.
The Momentum Indicator moved below the 0 level on October 22, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on BAP as a result. In 52 of 81 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 64%.
The Moving Average Convergence Divergence Histogram (MACD) for BAP turned negative on October 22, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 45 similar instances when the indicator turned negative. In 24 of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at 53%.
BAP moved below its 50-day moving average on October 22, 2026 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BAP declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 55%.
Fundamental Analysis (Ratings)
The Tickeron Profit vs. Risk Rating rating for this company is 2 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 56, placing this stock better than average.
The Tickeron SMR rating for this company is 4 (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of 18 (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.771) is normal, around the industry mean (1.269). P/E Ratio (3.987) is within average values for comparable stocks, (13.317). Projected Growth (PEG Ratio) (1.040) is also within normal values, averaging (1.190). BAP's Dividend Yield (0.156) is considerably higher than the industry average of (0.035). P/S Ratio (4.088) is also within normal values, averaging (3.738).
The Tickeron Price Growth Rating for this company is 45 (best 1 - 100 worst), indicating steady price growth. BAP’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of 50 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron PE Growth Rating for this company is 94 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
BBD sees its 50-day moving average cross bullishly above its 200-day moving average
The 50-day moving average for BBD moved above the 200-day moving average on October 23, 2026. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 43 of 64 cases where BBD's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 67%.
BBD moved above its 50-day moving average on September 30, 2026 date and that indicates a change from a downward trend to an upward trend.
Following a +23.64% 3-day Advance, the price is estimated to grow further. Considering data from situations where BBD advanced for three days, in 189 of 274 cases, the price rose further within the following month. The odds of a continued upward trend are 69%.
The Aroon Indicator entered an Uptrend today. In 203 of 275 cases where BBD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 74%.
Bearish Trend Analysis
The 10-day RSI Indicator for BBD moved out of overbought territory on October 12, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 40 similar instances where the indicator moved out of overbought territory. In 30 of the 40 cases, the stock moved lower in the following days. This puts the odds of a move lower at 75%.
The Momentum Indicator moved below the 0 level on October 19, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on BBD as a result. In 56 of 84 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 67%.
The Moving Average Convergence Divergence Histogram (MACD) for BBD turned negative on October 19, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 42 similar instances when the indicator turned negative. In 27 of the 42 cases the stock turned lower in the days that followed. This puts the odds of success at 64%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BBD declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 66%.
BBD broke above its upper Bollinger Band on October 02, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
The Tickeron SMR rating for this company is 1 (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of 18 (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: BBD's P/B Ratio (0.238) is slightly lower than the industry average of (1.269). P/E Ratio (1.858) is within average values for comparable stocks, (13.317). Projected Growth (PEG Ratio) (1.623) is also within normal values, averaging (1.190). Dividend Yield (0.058) settles around the average of (0.035) among similar stocks. BBD's P/S Ratio (1.539) is slightly lower than the industry average of (3.738).
The Tickeron Price Growth Rating for this company is 41 (best 1 - 100 worst), indicating steady price growth. BBD’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 41 (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 56, placing this stock slightly better than average.
The Tickeron PE Growth Rating for this company is 96 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
BAP | BBD | ||
|---|---|---|---|
OUTLOOK RATING 1..100 | 10 | 79 | |
VALUATION overvalued / fair valued / undervalued 1..100 | 18 Undervalued | 18 Undervalued | |
PROFIT vs RISK RATING 1..100 | 2 | 41 | |
SMR RATING 1..100 | 4 | 1 | |
PRICE GROWTH RATING 1..100 | 45 | 41 | |
P/E GROWTH RATING 1..100 | 94 | 96 | |
SEASONALITY SCORE 1..100 | 50 | n/a |
Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.
BAP's Valuation (18) in the Regional Banks industry is in the same range as BBD (18) in the Major Banks industry. This means that BAP’s stock grew similarly to BBD’s over the last 12 months.
BAP's Profit vs Risk Rating (2) in the Regional Banks industry is somewhat better than the same rating for BBD (41) in the Major Banks industry. This means that BAP’s stock grew somewhat faster than BBD’s over the last 12 months.
BBD's SMR Rating (1) in the Major Banks industry is in the same range as BAP (4) in the Regional Banks industry. This means that BBD’s stock grew similarly to BAP’s over the last 12 months.
BBD's Price Growth Rating (41) in the Major Banks industry is in the same range as BAP (45) in the Regional Banks industry. This means that BBD’s stock grew similarly to BAP’s over the last 12 months.
BAP's P/E Growth Rating (94) in the Regional Banks industry is in the same range as BBD (96) in the Major Banks industry. This means that BAP’s stock grew similarly to BBD’s over the last 12 months.
| BAP | BBD | |
|---|---|---|
| RSI ODDS (%) | N/A | 2 days ago 75% |
| Stochastic ODDS (%) | 2 days ago 53% | 2 days ago 67% |
| Momentum ODDS (%) | 2 days ago 64% | 2 days ago 67% |
| MACD ODDS (%) | 2 days ago 53% | 2 days ago 64% |
| TrendWeek ODDS (%) | 2 days ago 57% | 2 days ago 70% |
| TrendMonth ODDS (%) | 2 days ago 55% | 2 days ago 67% |
| Advances ODDS (%) | 9 days ago 69% | 19 days ago 69% |
| Declines ODDS (%) | 2 days ago 55% | 3 days ago 66% |
| BollingerBands ODDS (%) | 2 days ago 68% | 2 days ago 81% |
| Aroon ODDS (%) | 2 days ago 72% | 2 days ago 74% |
Long-Term Analysis
It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is overvalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).
BAP’s FA Score shows that 3 FA rating(s) are green while BBD’s FA Score has 2 green FA rating(s).
- BAP’s FA Score: 3 green, 2 red.
- BBD’s FA Score: 2 green, 3 red.
Short-Term Analysis
It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.
If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.
BAP’s TA Score shows that 4 TA indicator(s) are bullish while BBD’s TA Score has 5 bullish TA indicator(s).
- BAP’s TA Score: 4 bullish, 5 bearish.
- BBD’s TA Score: 5 bullish, 5 bearish.
Price Growth
BAP (@Regional Banks) experienced а -5.14% price change this week, while BBD (@Regional Banks) price change was +2.78% for the same time period.
The average weekly price growth across all stocks in the @Regional Banks industry was +2.29%. For the same industry, the average monthly price growth was +1.59%, and the average quarterly price growth was +9.12%.
Reported Earning Dates
BAP is expected to report earnings on Nov 09, 2026.
BBD is expected to report earnings on Feb 10, 2027.
Industries' Descriptions
@Regional Banks (+2.29% weekly)Regional banks have a smaller reach than major banks, and cater mostly to one region of a country, such as a state or within a group of states. They offer services often similar – albeit with some limitations/smaller scale – compared to major banks. Taking deposits, making loans, mortgages, leases, credit cards , fund management, insurance and investment banking. SunTrust Banks, State Street Corp., M&T Bank Corp. are some examples of U.S. regional banks.
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BBD and
Correlation & Price change
A.I.dvisor indicates that over the last year, BBD has been closely correlated with BBDO. These tickers have moved in lockstep 74% of the time. This A.I.-generated data suggests there is a high statistical probability that if BBD jumps, then BBDO could also see price increases.
| Ticker / NAME | Correlation To BBD | 1D Price Change % | ||
|---|---|---|---|---|
| BBD | 100% | +3.04% | ||
| BBDO - BBD | 74% Closely correlated | +1.66% | ||
| BSBR - BBD | 71% Closely correlated | +0.91% | ||
| INTR - BBD | 70% Closely correlated | +6.55% | ||
| NU - BBD | 65% Loosely correlated | +2.92% | ||
| BSAC - BBD | 57% Loosely correlated | -0.75% | ||
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