IDX:BBNI

Stock Analysis Report

Bank Negara Indonesia (Persero)

Executive Summary

PT Bank Negara Indonesia (Persero) Tbk, together with its subsidiaries, provides various banking products and services in Indonesia, New York, Europe, and Asia.

Snowflake

Fundamentals

Flawless balance sheet established dividend payer.


Similar Companies

Share Price & News

How has Bank Negara Indonesia (Persero)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Information is not available.


Market Performance


7 Day Return

2.7%

BBNI

3.0%

ID Banks

0.6%

ID Market


1 Year Return

-9.2%

BBNI

11.7%

ID Banks

1.2%

ID Market

Information is not available.

Information is not available.


Shareholder returns

BBNIIndustryMarket
7 Day2.7%3.0%0.6%
30 Day1.3%1.3%-1.6%
90 Day0.3%2.2%-2.1%
1 Year-7.0%-9.2%14.2%11.7%3.7%1.2%
3 Year65.4%52.2%82.9%70.2%24.4%15.2%
5 Year44.1%27.0%89.3%69.3%31.5%16.8%

Price Volatility Vs. Market

How volatile is Bank Negara Indonesia (Persero)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Bank Negara Indonesia (Persero) undervalued compared to its fair value and its price relative to the market?

28.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BBNI (IDR7650) is trading below our estimate of fair value (IDR10734.99)

Significantly Below Fair Value: BBNI is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: BBNI is good value based on its PE Ratio (9.2x) compared to the Banks industry average (19.5x).

PE vs Market: BBNI is good value based on its PE Ratio (9.2x) compared to the ID market (15.2x).


Price to Earnings Growth Ratio

PEG Ratio: BBNI is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: BBNI is overvalued based on its PB Ratio (1.2x) compared to the ID Banks industry average (0.9x).


Next Steps

Future Growth

How is Bank Negara Indonesia (Persero) forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?

13.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BBNI's forecast earnings growth (13.4% per year) is above the savings rate (2.7%).

Earnings vs Market: BBNI's earnings (13.4% per year) are forecast to grow faster than the ID market (13.5% per year).

High Growth Earnings: BBNI's earnings are forecast to grow, but not significantly.

Revenue vs Market: BBNI's revenue (12.7% per year) is forecast to grow faster than the ID market (8.9% per year).

High Growth Revenue: BBNI's revenue (12.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Information is not available.


Next Steps

Past Performance

How has Bank Negara Indonesia (Persero) performed over the past 5 years?

11.5%

Historical annual earnings growth


Earnings and Revenue History

Information is not available.

Information is not available.


Past Earnings Growth Analysis

Earnings Trend: BBNI's earnings have grown by 11.5% per year over the past 5 years.

Accelerating Growth: BBNI's earnings growth over the past year (4.4%) is below its 5-year average (11.5% per year).

Earnings vs Industry: BBNI earnings growth over the past year (4.4%) underperformed the Banks industry 8.5%.


Return on Equity

High ROE: BBNI's Return on Equity (13%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Bank Negara Indonesia (Persero)'s financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

Asset Level: BBNI's level of assets compared to its equity is low.

Allowance for Bad Loans: BBNI has a sufficient allowance for bad loans.

Low Risk Liabilities: BBNI's liabilities are made up of primarily low risk sources of funding.

Loan Level: BBNI has an acceptable proportion of non-loan assets held.

Low Risk Deposits: BBNI's loans are broadly funded by customer deposits.

Level of Bad Loans: BBNI has an appropriate level of bad loans (1.81%)


Next Steps

Dividend

What is Bank Negara Indonesia (Persero)'s current dividend yield, its reliability and sustainability?

3.20%

Forecast Dividend Yield


Dividend Yield vs Market

company0%marketbottom25%1.3%markettop25%4.9%industryaverage1.2%forecastin3Years3.2%

Current dividend yield vs market & industry

Notable Dividend: BBNI's dividend (0%) is higher than the bottom 25% of dividend payers in the ID market (1.27%).

High Dividend: BBNI's dividend (0%) is low compared to the top 25% of dividend payers in the ID market (4.85%).


Stability and Growth of Payments

Stable Dividend: BBNI's dividends per share have been stable in the past 0 years.

Growing Dividend: BBNI's dividend payments have increased over the past 0 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (0%), BBNI's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: BBNI's dividends in 3 years are forecast to be well covered by earnings (26% payout ratio).


Next Steps

Management

What is the CEO of Bank Negara Indonesia (Persero)'s salary, the management and board of directors tenure and is there insider trading?

4.7yrs

Average management tenure


CEO

Achmad Baiquni (62yo)

4.7yrs

Tenure

0

Mr. Achmad Baiquni served as a Director of Finance at PT Bank Rakyat Indonesia (Persero) Tbk since May 20, 2010. Mr. Baiquni served as Managing Director of Small Middle and Sharia and Director of PT Bank N ...


Management Age and Tenure

4.7yrs

Average Tenure

53.5yo

Average Age

Experienced Management: BBNI's management team is considered experienced (4.7 years average tenure).


Board Age and Tenure

3.7yrs

Average Tenure

55yo

Average Age

Experienced Board: BBNI's board of directors are considered experienced (3.7 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Information is not available.


Management Team

  • Achmad Baiquni (62yo)

    President Director & CEO

    • Tenure: 4.7yrs
  • Bob Ananta (56yo)

    MD of Risk Management & Director

    • Tenure: 4.7yrs
  • Anggoro Cahyo (50yo)

    MD of Finance

    • Tenure: 1.8yrs
  • Putrama Setyawan (50yo)

    MD of Corporate Banking & Director

    • Tenure: 0yrs
  • Tambok Parulian Simanjuntak (55yo)

    Director of Consumer Business & Director

    • Tenure: 1.8yrs
  • Adi Sulistyowati (52yo)

    MD of Institutional Relation & Director

    • Tenure: 4.7yrs
  • Dadang Setiabudi (57yo)

    MD of Information Technology & Operation and Director

    • Tenure: 0yrs
  • Endang Hidayatullah (49yo)

    Director of Human Capital & Compliance and Director

    • Tenure: 0yrs
  • Ronny Venir

    Senior EVP of Commercial Banking

    • Tenure: 0yrs
  • - Prasetyo

    IR Professional

    • Tenure: 0yrs

Board Members

  • Achmad Baiquni (62yo)

    President Director & CEO

    • Tenure: 4.7yrs
  • Bob Ananta (56yo)

    MD of Risk Management & Director

    • Tenure: 4.7yrs
  • Anggoro Cahyo (50yo)

    MD of Finance

    • Tenure: 1.8yrs
  • Putrama Setyawan (50yo)

    MD of Corporate Banking & Director

    • Tenure: 0yrs
  • Tambok Parulian Simanjuntak (55yo)

    Director of Consumer Business & Director

    • Tenure: 1.8yrs
  • Herry Sidharta (62yo)

    Vice President Director

    • Tenure: 2.7yrs
  • Adi Sulistyowati (52yo)

    MD of Institutional Relation & Director

    • Tenure: 4.7yrs
  • Catur Harto (55yo)

    Business Director of Small Micro Enterprises & Network and Director

    • Tenure: 0yrs
  • Dadang Setiabudi (57yo)

    MD of Information Technology & Operation and Director

    • Tenure: 0yrs
  • Endang Hidayatullah (49yo)

    Director of Human Capital & Compliance and Director

    • Tenure: 0yrs

Company Information

PT Bank Negara Indonesia (Persero) Tbk's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: PT Bank Negara Indonesia (Persero) Tbk
  • Ticker: BBNI
  • Exchange: IDX
  • Founded: 1946
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: Rp142.662t
  • Shares outstanding: 18.65b
  • Website: https://www.bni.co.id

Number of Employees


Location

  • PT Bank Negara Indonesia (Persero) Tbk
  • Jl. Jenderal Sudirman Kav. 1
  • Jakarta
  • 10220
  • Indonesia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BKE1DB (Deutsche Boerse AG)YesLKD SHS(IDR7500 & IDR375)DEEUROct 1996
BBNIIDX (Indonesia Stock Exchange)YesLKD SHS(IDR7500 & IDR375)IDIDROct 1996
PBNN.FOTCPK (Pink Sheets LLC)YesLKD SHS(IDR7500 & IDR375)USUSDOct 1996
PTBR.YOTCPK (Pink Sheets LLC)UNSPONSORD ADRUSUSDNov 2010

Biography

PT Bank Negara Indonesia (Persero) Tbk, together with its subsidiaries, provides various banking products and services in Indonesia, New York, Europe, and Asia. The company offers current account, savings, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/22 15:10
End of Day Share Price2019/11/22 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.