MetaCap

Credicorp (BAP) vs Banco Macro S.A. (BMA)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.

Summary

Banco Macro S.A. (BMA) has outperformed Credicorp (BAP) over the past year, gaining 50.2% versus a gain of 43.8%. Over five years, BMA leads with a +281.1% price change compared with +183.3% for BAP. Credicorp is the larger company by market cap ($30.21 billion vs $4.21 billion), about 7.2 times the size.

On valuation, Banco Macro S.A. trades at a lower forward P/E (5.9x vs 11.1x for Credicorp). Credicorp pays a dividend yielding 13.14%, while Banco Macro S.A. does not currently pay one.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

BAP+43.81%BMA+50.18%
+146%+66%-14%
Oct 8, 20251 yearOct 8, 2026
BAP+199.65%BMA+298.19%
+619%+275%-69%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

BAP versus BMA key metrics
MetricBAPBMA
Share price$380.38$65.90
Market cap$30.21B$4.21B
1-day change+1.14%-0.02%
YTD return+32.54%-26.91%
1-year return+43.81%+50.18%
5-year return+183.32%+281.15%
P/E ratio (TTM)14.3313.48
Forward P/E11.115.86
EPS (TTM)$26.55$4.89
Dividend yield13.14%6.91%
Annual dividend$50.00$0.00
52-week high$413.25$106.15
52-week low$230.45$45.55
Distance from 52-week high-7.95%-37.92%
Analyst consensusbuybuy
Avg. price target upside+12.38%+70.24%
Average volume302.26K292.84K
Shares outstanding79.42M62.82M
Employees52,7708,180
SectorFinanceFinance
IndustryCommercial BanksCommercial Banks

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • Credicorp is about 7.2 times larger than Banco Macro S.A. by market value ($30.21B vs $4.21B).
  • Credicorp offers a meaningfully higher dividend yield (13.14% vs 6.91%).

About Credicorp

BAP stock →

Credicorp Ltd., together with its subsidiaries, provides various banking services and products in Peru, Bermuda, Colombia, Bolivia, Panama, Chile, the United States, the Cayman Islands, and Mexico. It operates through Universal Banking; Insurance, Medical Services, and Pensions; Microfinance; and Investment Management and Advisory segments.

Finance · Commercial Banks · 52,770 employees

About Banco Macro S.A.

BMA stock →

Banco Macro S.A. provides various banking products and services to retail and corporate customers in Argentina.

Finance · Commercial Banks · 8,180 employees

BAP vs BMA FAQ

Which is bigger, Credicorp or Banco Macro S.A.?

Credicorp (BAP) is larger, with a market capitalization of $30.21B compared with $4.21B for Banco Macro S.A. (BMA).

Which stock has performed better over the past year, BAP or BMA?

BMA returned +50.18% over the past 12 months, compared with +43.81% for BAP (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, BAP or BMA?

BMA has the lower trailing P/E at 13.5, versus 14.3 for BAP. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, Credicorp or Banco Macro S.A.?

Credicorp has the higher yield at 13.14%, compared with 6.91% for Banco Macro S.A..

Are Credicorp and Banco Macro S.A. in the same industry?

Yes. Both are classified in the Commercial Banks industry within the Finance sector.

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