Credicorp Ltd reported QQ3 2024 PEN-denominated results reflecting solid top-line momentum and continued earnings resilience, underpinned by a high gross margin and meaningful improvements in operating and net income. Revenue reached PEN 5,468.21 million, up 10.35% year-over-year (YoY) and 0.95% quarter-over-quarter (QoQ). Net income stood at PEN 1,523.79 million with an EPS of PEN 19.14, delivering a YoY increase of 23.07% and QoQ growth of 13.66%. The company also posted positive EBIT and EBITDA contributions, with operating income at PEN 2,111.56 million and EBITDA at PEN 2,291.06 million, translating to an EBITDAR of 41.90%. The margin profile remains robust, with gross margin at 84.12% and net margin at 27.87%, supported by disciplined cost management and solid credit discipline.