Credicorp (BAP) vs Shinhan Financial Group (SHG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Shinhan Financial Group (SHG) has outperformed Credicorp (BAP) over the past year, gaining 53.9% versus a gain of 43.2%. Over five years, BAP leads with a +180.1% price change compared with +132.1% for SHG. Shinhan Financial Group is the larger company by market cap ($35.43 billion vs $30.31 billion), about 1.2 times the size.
On valuation, Shinhan Financial Group trades at a lower forward P/E (8.1x vs 11.1x for Credicorp). Shinhan Financial Group offers the higher dividend yield (3893.69% vs 13.10%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | BAP | SHG |
|---|---|---|
| Share price | $381.59 | $75.25 |
| Market cap | $30.31B | $35.43B |
| 1-day change | +1.46% | -2.41% |
| YTD return | +31.05% | +43.78% |
| 1-year return | +43.21% | +53.85% |
| 5-year return | +180.14% | +132.12% |
| P/E ratio (TTM) | 14.37 | 10.01 |
| Forward P/E | 11.14 | 8.06 |
| EPS (TTM) | $26.55 | $7.52 |
| Dividend yield | 13.10% | 3893.69% |
| Annual dividend | $50.00 | $2,930.00 |
| Revenue (latest FY) | — | $10.59B |
| Revenue growth (YoY) | — | +13.00% |
| Net income (latest FY) | — | $2.52B |
| Net margin | — | 23.76% |
| 52-week high | $413.25 | $85.57 |
| 52-week low | $230.45 | $47.05 |
| Distance from 52-week high | -7.66% | -12.06% |
| Analyst consensus | buy | none |
| Avg. price target upside | +12.03% | +30.71% |
| Average volume | 301.97K | 191.81K |
| Shares outstanding | 79.42M | 470.86M |
| Employees | 52,770 | 184 |
| Sector | Finance | Finance |
| Industry | Commercial Banks | Major 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
- SHG has outperformed BAP by 10.6 percentage points over the past year.
- Credicorp trades at a higher earnings multiple (14.4x vs 10.0x trailing P/E).
- Shinhan Financial Group offers a meaningfully higher dividend yield (3893.69% vs 13.10%).
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 Shinhan Financial Group
SHG stock →Shinhan Financial Group Co., Ltd. provides financial products and services in South Korea and overseas.
Finance · Major Banks · 184 employees
BAP vs SHG FAQ
Which is bigger, Credicorp or Shinhan Financial Group?
Shinhan Financial Group (SHG) is larger, with a market capitalization of $35.43B compared with $30.31B for Credicorp (BAP).
Which stock has performed better over the past year, BAP or SHG?
SHG returned +53.85% over the past 12 months, compared with +43.21% for BAP (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, BAP or SHG?
SHG has the lower trailing P/E at 10.0, versus 14.4 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 Shinhan Financial Group?
Shinhan Financial Group has the higher yield at 3893.69%, compared with 13.10% for Credicorp.
Are Credicorp and Shinhan Financial Group in the same industry?
Both are in the Finance sector, but in different industries: Commercial Banks for Credicorp and Major Banks for Shinhan Financial Group.