Bank Central Asia

Stock Quote Bank Central Asia - BBCA:

Business Summary

BCA offers both individual and business products and services. Its individual products and services consist of savings accounts, electronic banking, credit cards, bank assurance, investment products, consumer credit products, remittance, collection and safe deposit facilities. Its business products and services consist of BCA trade, savings accounts, working capital loans, investment loans and bank guarantees for small and medium- sized enterprises, as well as for corporate customers.

Bank Central Asia's Operational Highlights:

	2015	2016	2017
Number of Accounts¹	14,129	15,583	17,048
Number of Branches	1,182	1,211	1,235
Number of ATMs	17,081	17,207	17,658
Number of Credit Cards	2,748	2,983	3,296

 

	2010	2011	2012	2013	2014
Number of Accounts¹	9,292	10,233	11,447	12,486	13,370
Number of Branches	932	944	1,011	1,062	1,111
Number of ATMs	7,459	8,578	12,026	14,048	16,694
Number of Credit Cards	2,162	2,062	2,357	2,458	2,583

^{¹ in thousands
Source: Bank Central Asia, Annual Report 2017}

Bank Central Asia's Financial Highlights:

	2015	2016	2017
Net Income	18,019	20,606	23,310
Net Interest Income	35,869	40,079	41,827
Profit Before Tax	22,657	25,839	29,159
Operating Income	47,876	53,779	56,982
Total Assets	594,373	676,739	750,320
Total Liabilities	504,748	564,024	618,918
Earnings per share¹	731	836	945
Third Party Funds	473,666	530,134	581,115
Non Performing Loan Ratio²	0.7%	1.3%	1.5%
Capital Adequacy Ratio (CAR)	18.7%	21.9%	23.1%
Loan to Deposit Ratio (LDR)	81.1%	77.1%	78.2%
Dividend per Share¹	160,0	200.0
Dividend Payout Ratio	21.9%	23.9%
P/E Ratio (x)	18.2	18.5	23.2
P/BV (x)	3.7	3.4	4.1

 

	2010	2011	2012	2013	2014
Net Income	8,479	10,820	11,721	14,254	16,486
Net Interest Income	13,921	18,054	21,238	26,425	32,027
Profit Before Tax	10,653	13,619	14,686	17,816	20,741
Operating Income	20,282	24,049	27,614	34,372	41,373
Total Assets	324,419	381,908	442,994	496,305	553,156
Total Liabilities	290,311	339,881	391,096	432,338	477,430
Earnings per share¹	348	444	480	579	669
Third Party Funds	277,531	323,428	370,274	409,486	447,906
Non Performing Loan Ratio²	0.6%	0.5%	0.4%	0.4%	0.6%
Capital Adequacy Ratio (CAR)	13.5%	12.7%	14.2%	15.7%	16.9%
Loan to Deposit Ratio (LDR)	55.2%	61.7%	68.6%	75.4%	76.8%
Dividend per Share¹	112.5	113.5	114,5	120,0	148,0
P/E Ratio (x)	18.4	18.0	19.0	16.6	19.6
P/BV (x)	4.6	4.6	4.3	3.7	4.2

^{in billion IDR rupiah, except otherwise indicated
¹ in IDR rupiah
² gross
Source: Bank Central Asia, Annual Report 2017}

Projection Bank Central Asia's Future Corporate Earnings:

	2018	2019	2020F	2021F
Pre-provision operating profit (PPOP)	35,383	40,880	41,403	46,711
Net Profit	25,855	28,568	24,131	30,971
ROA (%)	3.3	3.3	2.5	3.0
ROE (%)	18.5	17.6	13.6	16.1

^{in billion IDR rupiah, except otherwise indicated
Source: Mirae Asset Sekuritas (20.06.2020)}