8 Most Profitable Bank Stocks To Buy According to Analysts

6. Credicorp Ltd. (NYSE:BAP)

Average Upside Potential: 18.31%

TTM Net Income: $1.387 Billion

Credicorp Ltd. (NYSE:BAP) is a leading financial services holding in Peru. The company is organized into four lines of business including Universal Banking, Insurance and Pensions, Microfinance, and Investment Banking and Wealth Management.

Credicorp Ltd. (NYSE:BAP) is a solid and sustainable financial services group that has over 135 years of experience in the Peruvian market. The company has a solid universal banking, insurance, and pension platform serving all segments of the Peruvian population as well as a growing presence in microfinance, investment management, and advisory in Latin America.

The growth potential of Credicorp Ltd. (NYSE:BAP) across the Andean Region remains extensive as the firm prioritizes leading market positions in an underpenetrated region. The diversified portfolio of the group is due to focusing on customer needs, which eventually drives its market leadership and offers cross-selling opportunities. It is worth mentioning that the firm has shown its capability to be resilient through economic cycles and improve its leadership position in hard times.