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. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with reasonable growth potential.
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
Stable Share Price: BBNI is not significantly more volatile than the rest of ID stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: BBNI's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
11.0%
BBNI
1.6%
ID Banks
1.5%
ID Market
1 Year Return
-16.0%
BBNI
1.4%
ID Banks
-6.2%
ID Market
Return vs Industry: BBNI underperformed the ID Banks industry which returned 1.4% over the past year.
Return vs Market: BBNI underperformed the ID Market which returned -6.2% over the past year.
Shareholder returns
| BBNI | Industry | Market | |
|---|---|---|---|
| 7 Day | 11.0% | 1.6% | 1.5% |
| 30 Day | 32.9% | 15.9% | 10.8% |
| 90 Day | 20.0% | 5.9% | 5.3% |
| 1 Year | -13.5%-16.0% | 5.4%1.4% | -3.4%-6.2% |
| 3 Year | -15.6%-22.2% | 28.2%18.9% | -1.1%-8.8% |
| 5 Year | 45.7%27.1% | 101.3%74.4% | 32.3%16.6% |
Long-Term 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?
15.2x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BBNI (IDR6300) is trading above our estimate of fair value (IDR526.66)
Significantly Below Fair Value: BBNI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BBNI is good value based on its PE Ratio (15.2x) compared to the ID Banks industry average (22.8x).
PE vs Market: BBNI is good value based on its PE Ratio (15.2x) compared to the ID market (20.8x).
Price to Earnings Growth Ratio
PEG Ratio: BBNI is good value based on its PEG Ratio (0.2x)
Price to Book Ratio
PB vs Industry: BBNI's PB Ratio (1.1x) is in line with the ID Banks industry average.
Next Steps
Future Growth
How is Bank Negara Indonesia (Persero) forecast to perform in the next 1 to 3 years based on estimates from 22 analysts?
61.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BBNI's forecast earnings growth (61.5% per year) is above the savings rate (7.5%).
Earnings vs Market: BBNI's earnings (61.5% per year) are forecast to grow faster than the ID market (25.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BBNI's revenue (12.6% per year) is forecast to grow faster than the ID market (9.9% per year).
High Growth Revenue: BBNI's revenue (12.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BBNI's Return on Equity is forecast to be low in 3 years time (11.8%).
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Past Performance
How has Bank Negara Indonesia (Persero) performed over the past 5 years?
6.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BBNI has a high level of non-cash earnings.
Growing Profit Margin: BBNI's current net profit margins (23.9%) are lower than last year (37.7%).
Past Earnings Growth Analysis
Earnings Trend: BBNI's earnings have grown by 6.8% per year over the past 5 years.
Accelerating Growth: BBNI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BBNI had negative earnings growth (-50.3%) over the past year, making it difficult to compare to the Banks industry average (-5.6%).
Return on Equity
High ROE: BBNI's Return on Equity (6.9%) is considered low.
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
Financial Institutions Analysis
Asset Level: BBNI's Assets to Equity ratio (8.1x) is low.
Allowance for Bad Loans: BBNI has a sufficient allowance for bad loans (202%).
Low Risk Liabilities: 89% of BBNI's liabilities are made up of primarily low risk sources of funding.
Loan Level: BBNI has an appropriate level of Loans to Assets ratio (61%).
Low Risk Deposits: BBNI's Loans to Deposits ratio (78%) is appropriate.
Level of Bad Loans: BBNI has a high level of bad loans (3.4%).
Next Steps
Dividend
What is Bank Negara Indonesia (Persero) current dividend yield, its reliability and sustainability?
2.10%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BBNI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BBNI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BBNI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BBNI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: BBNI is not paying a notable dividend for the ID market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BBNI's dividend in 3 years as they are not forecast to pay a notable one for the ID market.
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Management
How experienced are the management team and are they aligned to shareholders interests?
2.8yrs
Average management tenure
CEO
Herry Sidharta (63 yo)
0.75
Tenure
Mr. Herry Sidharta serves as President Director at PT Bank Negara Indonesia (Persero) Tbk since February 2020 at PT Bank Negara Indonesia (Persero) Tbk and has been its Director since March 17, 2015 and se...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Vice President Director & CEO | 0.75yr | no data | 0.00067% IDR 786.3m | |
| Vice President Director & MD of Consumer Banking | 0.75yr | no data | 0.0015% IDR 1.7b | |
| CFO, MD of Finance & Director | 5.67yrs | no data | 0.000060% IDR 70.4m | |
| MD of Information Technology & Operation and Director | 2.33yrs | no data | 0.00026% IDR 305.1m | |
| IR Professional | no data | no data | no data | |
| MD of Human Capital & Compliance and Director | 2.33yrs | no data | 0.00032% IDR 375.6m | |
| Head of Corporate & Secretarial Communications Division and Corporate Secretary | 1.67yrs | no data | no data | |
| Member of Integrated Governance Committee | no data | no data | no data | |
| MD of Treasury & International Banking and Director | 5.67yrs | no data | 0.0011% IDR 1.3b | |
| MD of Corporate Banking & Director | 4.33yrs | no data | 0.0014% IDR 1.6b | |
| MD of Micro | 2.33yrs | no data | 0.00013% IDR 152.6m | |
| MD of Risk Management & Director | 5.58yrs | no data | 0.00064% IDR 751.1m |
2.8yrs
Average Tenure
56yo
Average Age
Experienced Management: BBNI's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Vice President Director & CEO | 0.75yr | no data | 0.00067% IDR 786.3m | |
| Vice President Director & MD of Consumer Banking | 0.75yr | no data | 0.0015% IDR 1.7b | |
| CFO, MD of Finance & Director | 5.67yrs | no data | 0.000060% IDR 70.4m | |
| MD of Information Technology & Operation and Director | 2.33yrs | no data | 0.00026% IDR 305.1m | |
| MD of Human Capital & Compliance and Director | 2.33yrs | no data | 0.00032% IDR 375.6m | |
| MD of Treasury & International Banking and Director | 5.67yrs | no data | 0.0011% IDR 1.3b | |
| MD of Corporate Banking & Director | 4.33yrs | no data | 0.0014% IDR 1.6b | |
| MD of Micro | 2.33yrs | no data | 0.00013% IDR 152.6m | |
| MD of Risk Management & Director | 5.58yrs | no data | 0.00064% IDR 751.1m | |
| MD of Institutional Relation & Director | 5.5yrs | no data | 0.00064% IDR 751.1m | |
| MD of Institutional Relation & Director | no data | no data | 0.00048% IDR 563.3m | |
| MD of Corporate Business & Director | no data | no data | 0.00016% IDR 187.8m |
3.3yrs
Average Tenure
54.5yo
Average Age
Experienced Board: BBNI's board of directors are considered experienced (3.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
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: Rp117.363t
- Shares outstanding: 18.63b
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BKE1 | DB (Deutsche Boerse AG) | Yes | LKD SHS(IDR7500 & IDR375) | DE | EUR | Oct 1996 |
| BBNI | IDX (Indonesia Stock Exchange) | Yes | LKD SHS(IDR7500 & IDR375) | ID | IDR | Oct 1996 |
| PBNN.F | OTCPK (Pink Sheets LLC) | Yes | LKD SHS(IDR7500 & IDR375) | US | USD | Oct 1996 |
| PTBR.Y | OTCPK (Pink Sheets LLC) | UNSPONSORD ADR | US | USD | Nov 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/27 10:09 |
| End of Day Share Price | 2020/11/26 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.