Bank Rakyat Indonesia

Stock Quote Bank Rakyat Indonesia - BBRI:

Business Summary

Bank Rakyat Indonesia (BRI) offers a whole range of banking products and services, which include saving products, loan products (particularly micro credit, small commercial loans and consumer credit), e-banking, international business services and Islamic (Sharia) banking.

The company operates seven levels of service offices, consisting of its head office, 18 regional offices, 446 branch offices (including three overseas offices), 545 sub-branch offices, 914 cash offices, 5,000 BRI units, 1,778 teras BRI (sub-micro outlets), and 350 mobile teras BRI outlets.

Bank Rakyat Indonesia's Financial Highlights:

	2016	2017	2018	2019
Net Interest Income	65,472	73,005
Net Income	26,196	28,997
Income before Tax	33,974	37,022
Operating Income	33,963	36,811
Total Assets	1,003,644	1,126,248
Total Liabilities	856,832	958,901
Third Party Funds	754,526
Non Performing Loan Ratio (gross)	2.03%	2.10%
Capital Adequacy Ratio (CAR)	22.91%	22.96%
Earnings per Share¹²	214,30	237,22
Cash Dividend per Share¹²	428.61

 

	2011	2012	2013	2014	2015
Net Interest Income	34,427	36,484	44,106	51,442	58,280
Net Income	15,088	18,687	21,354	24,215	25,411
Income before Tax	18,756	23,860	27,910	30,804	32,494
Total Assets	469,899	551,337	626,183	801,984	878,426
Total Liabilities	420,079	486,455	546,856	704,278	765,299
Third Party Funds	384,264	450,166	504,281	622,322	668,955
Non Performing Loan Ratio (gross)	2.30%	1.78%	1.55%	1.69%	2.02%
Capital Adequacy Ratio (CAR)	14.96%	16.95%	16.99%	18.31%	20.59%
Earnings per Share¹²	628.9	757.5	865.6	982.1	1,030.1
Cash Dividend per Share¹²	122,28	225,23	257,33	294,80	311,66

^{in billion IDR rupiah unless otherwise stated
¹ in IDR rupiah
² numbers adjusted to 1:2 stock split
Source: Bank Rakyat Indonesia, Annual Report 2016 & Financial Statement FY-2017}

Projection Financial Performance Bank Rakyat Indonesia (BRI):

	2018	2019	2020F	2021F	2022F
Net Interest Income	111,583.0	121,756.0	119,304.0	129,763.0	143,423.0
PPOP	59,519.0	64,988.0	53,731.0	61,310.0	71,342.0
Net Profit	32,351.1	34,373.0	23,015.0	29,369.0	37,352.0
Gross NPL	2.1	2.6	3.0	2.9	2.5
ROA (%)	2.7	2.5	1.6	2.0	2.3

^{in billion IDR rupiah, except stated otherwise
Source: Sinarmas Sekuritas (20.05.2020)}