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Indonesian (IDX) Diversified Banks Industry Analysis

UpdatedApr 15, 2026
DataAggregated Company Financials
Companies31
  • 7D4.9%
  • 3M-10.6%
  • 1Y-7.9%
  • YTDn/a

Over the last 7 days, the Diversified Banks industry has risen 2.2%, driven by gains in Bank Rakyat Indonesia (Persero) and Bank Central Asia of 7.1% and 3.8%, respectively. In the same time, Bank OCBC NISP was down 8.1%. However, the industry is down 9.5% over the past year. Looking forward, earnings are forecast to grow by 7.3% annually.

Industry Valuation and Performance

Has the Indonesian Diversified Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 15 Apr 2026Rp2566.0tRp610.4tRp234.3t14.4x11x4.2x
Fri, 13 Mar 2026Rp2620.4tRp609.8tRp230.8t14.8x11.4x4.3x
Sun, 08 Feb 2026Rp2817.4tRp598.3tRp225.5t14.1x12.5x4.7x
Tue, 06 Jan 2026Rp2881.1tRp601.4tRp225.3t13.6x12.8x4.8x
Thu, 04 Dec 2025Rp2879.2tRp605.8tRp226.6t14.1x12.7x4.8x
Sat, 01 Nov 2025Rp2972.7tRp598.6tRp225.6t16x13.2x5x
Mon, 29 Sep 2025Rp2842.1tRp595.0tRp229.3t14.9x12.4x4.8x
Wed, 27 Aug 2025Rp2963.5tRp592.3tRp231.6t15.5x12.8x5x
Fri, 25 Jul 2025Rp2864.1tRp587.3tRp235.2t17.4x12.2x4.9x
Sun, 22 Jun 2025Rp2841.7tRp586.7tRp235.0t14.6x12.1x4.8x
Tue, 20 May 2025Rp3084.2tRp586.7tRp235.0t15.6x13.1x5.3x
Thu, 17 Apr 2025Rp2744.1tRp579.3tRp234.4t14.8x11.7x4.7x
Sat, 15 Mar 2025Rp2817.1tRp579.0tRp234.5t16.9x12x4.9x
Mon, 10 Feb 2025Rp2975.3tRp578.3tRp234.4t16.1x12.7x5.1x
Wed, 08 Jan 2025Rp3029.9tRp574.0tRp235.1t17.3x12.9x5.3x
Fri, 06 Dec 2024Rp3257.2tRp573.4tRp234.8t19.8x13.9x5.7x
Sun, 03 Nov 2024Rp3430.8tRp572.5tRp235.4t19.2x14.6x6x
Tue, 01 Oct 2024Rp3492.0tRp564.2tRp229.2t19.7x15.2x6.2x
Thu, 29 Aug 2024Rp3533.9tRp563.5tRp229.0t19.9x15.4x6.3x
Sat, 27 Jul 2024Rp3339.2tRp559.1tRp228.6t17x14.6x6x
Mon, 24 Jun 2024Rp3123.7tRp544.9tRp223.8t17.3x14x5.7x
Wed, 22 May 2024Rp3222.1tRp545.1tRp224.0t18.3x14.4x5.9x
Fri, 19 Apr 2024Rp3399.8tRp540.6tRp222.6t16.7x15.3x6.3x
Sun, 17 Mar 2024Rp3644.6tRp540.2tRp222.5t16.8x16.4x6.7x
Tue, 13 Feb 2024Rp3564.1tRp540.3tRp222.3t17.3x16x6.6x
Thu, 11 Jan 2024Rp3389.3tRp539.4tRp211.6t16.8x16x6.3x
Sat, 09 Dec 2023Rp3134.2tRp539.7tRp211.8t14.6x14.8x5.8x
Mon, 06 Nov 2023Rp3094.2tRp533.3tRp208.0t14.7x14.9x5.8x
Wed, 04 Oct 2023Rp3186.2tRp527.1tRp205.9t15.2x15.5x6x
Fri, 01 Sep 2023Rp3226.1tRp523.9tRp204.4t15.8x15.8x6.2x
Sun, 30 Jul 2023Rp3228.1tRp519.8tRp201.4t14.4x16x6.2x
Tue, 27 Jun 2023Rp3121.0tRp514.5tRp198.4t15.1x15.7x6.1x
Thu, 25 May 2023Rp3101.0tRp514.6tRp198.4t15.3x15.6x6x
Sat, 22 Apr 2023Rp3032.8tRp502.0tRp190.2t14.6x15.9x6x
Price to Earnings Ratio

15.9x


Total Market Cap: Rp3032.8tTotal Earnings: Rp190.2tTotal Revenue: Rp502.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Diversified Banks Industry Price to Earnings3Y Average 14x202420252026
Current Industry PE
  • Investors are pessimistic on the Indonesian Diversified Banks industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 10.7x which is lower than its 3-year average PE of 14.0x.
  • The 3-year average PS ratio of 5.5x is higher than the industry's current PS ratio of 4.1x.
Past Earnings Growth
  • The earnings for companies in the Diversified Banks industry have grown 7.2% per year over the last three years.
  • Revenues for these companies have grown 6.7% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Indonesian Diversified Banks compare with similar industries?

ID Market12.22%
Financials4.73%
Banks4.98%
Diversified Banks4.93%
Regional Banks6.34%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
BNLI Bank PermataRp3.39k13.8%
+Rp14.8t		50.0%PB2.7x
BBRI Bank Rakyat Indonesia (Persero)Rp3.40k1.8%
+Rp9.0t		-6.8%PB1.6x
BBTN Bank Tabungan Negara (Persero)Rp1.35k3.9%
+Rp701.7b		39.4%PB0.5x
ARTO Bank JagoRp1.42k3.7%
+Rp693.1b		-8.1%PB2.2x
PNBN Bank Pan IndonesiaRp975.002.1%
+Rp481.4b		-38.1%PB0.4x

Latest News

BBRI
Rp3,400.00
Bank Rakyat Indonesia (Persero)
7D
1.8%
1Y
-6.8%
MASB
Rp3,190.00
Bank Multiarta Sentosa
7D
-4.8%
1Y
-3.3%
BBNI
Rp3,670.00
Bank Negara Indonesia (Persero)
7D
-2.9%
1Y
-10.5%

BBNI: Share Buyback Plan And Dividend Policy Will Support Future Upside

Analysts have maintained their IDR 5,700 price target for Bank Negara Indonesia (Persero), citing slightly lower discount rate assumptions and a marginally softer profit margin outlook that are broadly offset by a small adjustment to projected revenue growth and future P/E. What's in the News The Board of Directors authorized a share buyback plan on January 29, 2026, setting the groundwork for repurchases subject to shareholder approval (company announcement).
NISP
Rp1,365.00
Bank OCBC NISP
7D
-9.3%
1Y
7.9%
MEGA
Rp2,780.00
Bank Mega
7D
0.6%
1Y
56.6%
BDMN
Rp2,480.00
Bank Danamon Indonesia
7D
-4.6%
1Y
6.9%

BDMN: Carbon Financing Partnership And Dividend Policy Will Support Steady Outlook

Analysts are keeping their IDR 2,590 price target for Bank Danamon Indonesia unchanged, with only minor tweaks to the discount rate, revenue growth, profit margin, and future P/E assumptions supporting a broadly consistent valuation view. What's in the News PT Bank Danamon Indonesia Tbk announced an annual dividend of IDR 142.1900 per share, payable on April 30, 2026, with an ex date of April 10, 2026, and a record date of April 13, 2026 (Key Developments).
BNLI
Rp3,390.00
Bank Permata
7D
13.8%
1Y
50.0%
MAYA
Rp220.00
Bank Mayapada Internasional
7D
14.6%
1Y
19.6%
BINA
Rp4,210.00
Bank Ina Perdana
7D
-3.2%
1Y
-0.5%
BMRI
Rp4,650.00
Bank Mandiri (Persero)
7D
-0.4%
1Y
0.4%

BMRI: Share Buyback Plan And Earnings Outlook Will Support Upside Potential

Analysts have set a slightly higher fair value price target for Bank Mandiri (Persero), increasing it from IDR 7,519.68 to IDR 7,660.38, citing updated assumptions related to revenue growth, discount rate, profit margin, and future P/E. What's in the News The Board of Directors of PT Bank Mandiri (Persero) Tbk authorized a share buyback plan on March 17, 2026, signaling an intention to repurchase its own shares within a defined framework (Key Developments).
ARTO
Rp1,415.00
Bank Jago
7D
3.7%
1Y
-8.1%
BBCA
Rp6,550.00
Bank Central Asia
7D
-3.0%
1Y
-22.7%
BTPN
Rp2,050.00
Bank SMBC Indonesia
7D
2.0%
1Y
1.0%
BBTN
Rp1,345.00
Bank Tabungan Negara (Persero)
7D
3.9%
1Y
39.4%
PNBN
Rp975.00
Bank Pan Indonesia
7D
2.1%
1Y
-38.1%
BBHI
Rp1,295.00
Allo Bank Indonesia
7D
-2.6%
1Y
100.8%