Is BAP or BCAL more undervalued in 2026?

CirclFi compares Credicorp Ltd. (BAP) and California BanCorp (BCAL) using 13 institutional-grade valuation models. BAP has a Quality of Company score of 2.0/10 while BCAL scores 10.0/10.

Which is a better buy — BAP or BCAL?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do BAP and BCAL valuations compare?

BAP at $341.50 and BCAL at $18.94 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

BAP vs BCAL Valuation Comparison 2026 — Intrinsic Value Analysis

BAP

Banks - Regional

Credicorp Ltd.

Quality

2.0

out of 10

Value Trap

—

Price

$341.50

Last close

Models

12/13

Active

BCAL

Banks - Regional

California BanCorp

Quality

10.0

out of 10

Value Trap

SAFE

Price

$18.94

Last close

Models

11/13

Active

Model-by-Model Comparison

Model	Type	BAP Fair Value	BAP Upside	BCAL Fair Value	BCAL Upside
Bayesian DCF	Intrinsic	$113.85	-66.7%	$20.05	+5.9%
Earnings Power Value	Intrinsic	$121.18	-62.6%	$29.01	+53.2%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$•••.••	••.•%	$•••.••	••.•%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

🔒

Unlock Full 13-Model Comparison

Access all valuation models for BAP vs BCAL — including EROIC Spread, First Chicago, Markov DDM, PWERM, and 7 more.

Access Full Analysis — From $27/mo →

BAP vs BCAL — Which Stock Is More Undervalued?

BCAL scores higher with a 10.0/10 quality rating vs BAP's 2.0/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Credicorp Ltd. (BAP) and California BanCorp (BCAL) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

BAP currently trades at $341.50 with a QOC of 2.0/10, while BCAL trades at $18.94 with a QOC of 10.0/10.

Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN Topology), and ensemble methods (CUCE).