Bank Rakyat Indonesia (Persero) Past Earnings Performance

Past criteria checks 2/6

Bank Rakyat Indonesia (Persero) has been growing earnings at an average annual rate of 20.7%, while the Banks industry saw earnings growing at 18.3% annually. Revenues have been growing at an average rate of 12% per year. Bank Rakyat Indonesia (Persero)'s return on equity is 18.7%, and it has net margins of 45.3%.

Key information

20.7%

Earnings growth rate

15.0%

EPS growth rate

Banks Industry Growth	10.6%
Revenue growth rate	12.0%
Return on equity	18.7%
Net Margin	45.3%
Last Earnings Update	30 Sep 2024

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How Bank Rakyat Indonesia (Persero) makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:BYR Revenue, expenses and earnings (IDR Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	135,121,486	61,172,009	64,530,006
30 Jun 24	135,246,245	60,380,207	65,225,796
31 Mar 24	136,608,524	60,483,522	61,875,353
31 Dec 23	137,058,491	60,099,863	62,696,858
30 Sep 23	135,640,453	56,006,686	67,608,211
30 Jun 23	132,713,369	55,805,616	63,963,013
31 Mar 23	130,006,032	54,504,945	64,624,176
31 Dec 22	125,990,091	51,170,312	62,228,413
30 Sep 22	123,380,194	50,966,575	61,399,290
30 Jun 22	119,469,876	43,380,170	61,253,255
31 Mar 22	113,470,816	36,407,645	59,378,727
31 Dec 21	111,585,403	31,066,592	59,117,575
30 Sep 21	116,520,030	23,794,910	61,184,726
30 Jun 21	106,170,669	20,949,045	58,565,476
31 Mar 21	98,369,786	17,318,084	56,488,902
31 Dec 20	92,228,752	18,654,753	52,565,546
30 Sep 20	77,398,548	23,708,147	42,629,076
30 Jun 20	81,206,476	28,386,369	40,796,671
31 Mar 20	84,240,731	34,371,197	39,836,149
31 Dec 19	81,939,989	34,372,609	37,947,956
30 Sep 19	80,162,645	33,664,827	37,730,715
30 Jun 19	80,798,127	33,625,780	37,116,363
31 Mar 19	79,075,512	33,113,289	35,727,915
31 Dec 18	77,511,555	32,351,133	35,249,604
30 Sep 18	77,870,813	31,955,881	33,919,254
30 Jun 18	73,651,681	30,464,381	33,136,131
31 Mar 18	72,457,618	29,753,537	33,014,150
31 Dec 17	70,384,858	28,997,141	32,120,853
30 Sep 17	66,861,731	27,753,032	30,543,511
30 Jun 17	65,635,553	27,442,921	29,586,538
31 Mar 17	64,596,802	26,595,986	29,729,348
31 Dec 16	64,712,907	26,234,256	29,482,258
30 Sep 16	63,868,234	25,931,819	30,031,272
30 Jun 16	62,404,542	25,627,416	29,290,791
31 Mar 16	60,315,504	25,499,838	26,941,246
31 Dec 15	59,466,241	25,397,742	26,137,789
30 Sep 15	57,319,186	24,572,438	24,484,546
30 Jun 15	56,619,836	24,470,605	24,427,363
31 Mar 15	54,469,343	24,423,136	23,579,014
31 Dec 14	52,932,853	24,214,911	22,513,996
30 Sep 14	50,899,711	23,959,971	21,779,437
30 Jun 14	49,671,731	22,884,180	20,512,386
31 Mar 14	48,449,780	22,194,510	19,566,052

Quality Earnings: BYR has a large one-off gain of IDR22,491.4B impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: BYR's current net profit margins (45.3%) are higher than last year (41.3%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: BYR's earnings have grown significantly by 20.7% per year over the past 5 years.

Accelerating Growth: BYR's earnings growth over the past year (9.2%) is below its 5-year average (20.7% per year).

Earnings vs Industry: BYR earnings growth over the past year (9.2%) did not outperform the Banks industry 12.9%.

Return on Equity

High ROE: BYR's Return on Equity (18.7%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/05 14:12
End of Day Share Price	2025/01/03 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

PT Bank Rakyat Indonesia (Persero) Tbk is covered by 43 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Anish Tawakley	Barclays
Wannapa Asavatevavith	BNP Paribas Securities (Asia)
Anand Swaminathan	BofA Global Research