Reported Earnings • Aug 01
Second quarter 2026 earnings released: EPS: Rp26.29 (vs Rp35.32 in 2Q 2025) Second quarter 2026 results: EPS: Rp26.29 (down from Rp35.32 in 2Q 2025). Revenue: Rp1.59t (down 6.7% from 2Q 2025). Net income: Rp625.8b (down 25% from 2Q 2025). Profit margin: 39% (down from 49% in 2Q 2025). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year and the company’s share price has also fallen by 9% per year. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to Rp2,100, the stock trades at a trailing P/E ratio of 14.2x. Average trailing P/E is 13x in the Banks industry in Indonesia. Total loss to shareholders of 5.3% over the past three years. Reported Earnings • May 05
First quarter 2026 earnings released: EPS: Rp55.00 (vs Rp22.68 in 1Q 2025) First quarter 2026 results: EPS: Rp55.00 (up from Rp22.68 in 1Q 2025). Revenue: Rp1.69t (up 8.3% from 1Q 2025). Net income: Rp651.0b (up 22% from 1Q 2025). Profit margin: 39% (up from 34% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Apr 30
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to Rp2,210, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 16x in the Banks industry in Indonesia. Total loss to shareholders of 1.3% over the past three years. Valuation Update With 7 Day Price Move • Apr 11
Investor sentiment improves as stock rises 39% After last week's 39% share price gain to Rp2,950, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 16x in the Banks industry in Indonesia. Total returns to shareholders of 31% over the past three years. New Risk • Apr 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indonesian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 5.5% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (14% average weekly change). Declared Dividend • Apr 06
Dividend increased to Rp172 Dividend of Rp172 is 284% higher than last year. Ex-date: 10th April 2026 Payment date: 30th April 2026 Dividend yield will be 4.0%, which is higher than the industry average of 3.6%. Sustainability & Growth The dividend has increased by an average of 7.1% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 2.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. 공고 • Apr 04
PT Bank Mega Tbk announces Annual dividend, payable on April 30, 2026 PT Bank Mega Tbk announced Annual dividend of IDR 171.9473 per share payable on April 30, 2026, ex-date on April 10, 2026 and record date on April 13, 2026. Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to Rp4,690, the stock trades at a trailing P/E ratio of 16.4x. Average trailing P/E is 16x in the Banks industry in Indonesia. Total loss to shareholders of 1.8% over the past three years. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to Rp4,130, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 16x in the Banks industry in Indonesia. Total loss to shareholders of 20% over the past three years. 공고 • Feb 21
PT Bank Mega Tbk, Annual General Meeting, Mar 31, 2026 PT Bank Mega Tbk, Annual General Meeting, Mar 31, 2026. Reported Earnings • Nov 03
Third quarter 2025 earnings released: EPS: Rp70.97 (vs Rp65.48 in 3Q 2024) Third quarter 2025 results: EPS: Rp70.97 (up from Rp65.48 in 3Q 2024). Revenue: Rp1.84t (up 2.2% from 3Q 2024). Net income: Rp838.1b (up 9.0% from 3Q 2024). Profit margin: 46% (up from 43% in 3Q 2024). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Board Change • Oct 24
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Commissioner . Hizbullah was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공고 • Apr 10
PT Bank Mega Tbk announces Annual dividend, payable on April 29, 2025 PT Bank Mega Tbk announced Annual dividend of IDR 89.6352 per share payable on April 29, 2025, ex-date on April 16, 2025 and record date on April 17, 2025. 공고 • Feb 19
PT Bank Mega Tbk, Annual General Meeting, Mar 27, 2025 PT Bank Mega Tbk, Annual General Meeting, Mar 27, 2025. Location: jakarta Indonesia Reported Earnings • Nov 03
Third quarter 2024 earnings released: EPS: Rp65.31 (vs Rp70.11 in 3Q 2023) Third quarter 2024 results: EPS: Rp65.31 (down from Rp70.11 in 3Q 2023). Revenue: Rp1.80t (down 2.4% from 3Q 2023). Net income: Rp768.8b (down 6.6% from 3Q 2023). Profit margin: 43% (down from 45% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Reported Earnings • Aug 02
Second quarter 2024 earnings released: EPS: Rp36.55 (vs Rp84.02 in 2Q 2023) Second quarter 2024 results: EPS: Rp36.55 (down from Rp84.02 in 2Q 2023). Revenue: Rp1.62t (down 24% from 2Q 2023). Net income: Rp426.3b (down 57% from 2Q 2023). Profit margin: 26% (down from 46% in 2Q 2023). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Reported Earnings • May 05
First quarter 2024 earnings released: EPS: Rp68.00 (vs Rp83.93 in 1Q 2023) First quarter 2024 results: EPS: Rp68.00 (down from Rp83.93 in 1Q 2023). Revenue: Rp1.79t (down 11% from 1Q 2023). Net income: Rp802.5b (down 19% from 1Q 2023). Profit margin: 45% (down from 49% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 3% per year. Declared Dividend • Mar 07
Dividend reduced to Rp209 Dividend of Rp209 is 13% lower than last year. Ex-date: 14th March 2024 Payment date: 27th March 2024 Dividend yield will be 4.0%, which is higher than the industry average of 3.6%. Sustainability & Growth The dividend has increased by an average of 23% per year over the past 8 years and payments have been stable during that time. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 10
Full year 2023 earnings released: EPS: Rp299 (vs Rp345 in FY 2022) Full year 2023 results: EPS: Rp299 (down from Rp345 in FY 2022). Revenue: Rp7.62t (down 7.2% from FY 2022). Net income: Rp3.51t (down 13% from FY 2022). Profit margin: 46% (down from 49% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 03
Third quarter 2023 earnings released: EPS: Rp70.06 (vs Rp97.72 in 3Q 2022) Third quarter 2023 results: EPS: Rp70.06 (down from Rp97.72 in 3Q 2022). Revenue: Rp1.85t (down 18% from 3Q 2022). Net income: Rp823.1b (down 28% from 3Q 2022). Profit margin: 45% (down from 51% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 10% per year. Reported Earnings • Aug 08
Second quarter 2023 earnings released: EPS: Rp84.07 (vs Rp67.25 in 2Q 2022) Second quarter 2023 results: EPS: Rp84.07 (up from Rp67.25 in 2Q 2022). Revenue: Rp2.14t (up 12% from 2Q 2022). Net income: Rp986.4b (up 25% from 2Q 2022). Profit margin: 46% (up from 41% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 05
First quarter 2023 earnings released: EPS: Rp84.00 (vs Rp59.94 in 1Q 2022) First quarter 2023 results: EPS: Rp84.00 (up from Rp59.94 in 1Q 2022). Revenue: Rp2.02t (up 22% from 1Q 2022). Net income: Rp985.4b (up 40% from 1Q 2022). Profit margin: 49% (up from 43% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 05
Full year 2022 earnings released: EPS: Rp345 (vs Rp341 in FY 2021) Full year 2022 results: EPS: Rp345 (up from Rp341 in FY 2021). Revenue: Rp8.22t (up 4.3% from FY 2021). Net income: Rp4.05t (up 1.1% from FY 2021). Profit margin: 49% (down from 51% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 6 highly experienced directors. No independent directors (7 non-independent directors). Independent Commissioner Lambock Nahattands was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 4 highly experienced directors. No independent directors (7 non-independent directors). Independent Commissioner Lambock Nahattands was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment improved over the past week After last week's 23% share price gain to Rp7,475, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 23x in the Banks industry in Indonesia. Total returns to shareholders of 137% over the past three years. Reported Earnings • Feb 08
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: Rp576 (up from Rp432 in FY 2020). Revenue: Rp7.88t (up 17% from FY 2020). Net income: Rp4.01t (up 33% from FY 2020). Profit margin: 51% (up from 45% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 05
Second quarter 2021 earnings released The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: Rp1.86t (up 22% from 2Q 2020). Net income: Rp815.2b (up 59% from 2Q 2020). Profit margin: 44% (up from 34% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improved over the past week After last week's 28% share price gain to Rp11,875, the stock is trading at a trailing P/E ratio of 27.5x, up from the previous P/E ratio of 21.5x. This compares to an average P/E of 34x in the Banks industry in Indonesia. Total returns to shareholders over the past three years are 374%. Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment deteriorated over the past week After last week's 19% share price decline to Rp10,550, the stock is trading at a trailing P/E ratio of 30.8x, down from the previous P/E ratio of 37.9x. This compares to an average P/E of 32x in the Banks industry in Indonesia. Total returns to shareholders over the past three years are 284%. Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improved over the past week After last week's 23% share price gain to Rp8,875, the stock is trading at a trailing P/E ratio of 25.9x, up from the previous P/E ratio of 21x. This compares to an average P/E of 31x in the Banks industry in Indonesia. Total returns to shareholders over the past three years are 217%. Is New 90 Day High Low • Jan 07
New 90-day high: Rp7,400 The company is up 3.0% from its price of Rp7,200 on 08 October 2020. The Indonesian market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 26% over the same period. Is New 90 Day High Low • Nov 12
New 90-day high: Rp7,325 The company is up 4.0% from its price of Rp7,050 on 14 August 2020. The Indonesian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Banks industry, which is up 7.0% over the same period.