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Finance

PT Bank Central Asia Tbk

Company Background

Bank Central Asia is an Indonesia's largest private bank that was founded in 1955. BCA has strong ties across many different Indonesian business sectors. It focuses on corporate banking but has recently branched out into the consumer sector. It bought a motorcycle financing company in 2013 and has launched mobile banking services.

The bank has undergone dramatic changes in ownership in the past two decades. BCA was initially controlled by Salim Group, led by ethnic-Chinese tycoon Sudono Salim, also known as Liem Sioe Liong, but it was bailed out by the government amid a run during the Asian financial crisis. By 1999, the state owned more than 90% of the bank's shares.

After a restructuring of its bad loans, the majority of BCA's shares were bought by an investment vehicle led by another ethnic-Chinese tycoon, Robert Budi Hartono. The subsequent rise in BCA's market value has helped Hartono become the richest man in Indonesia, according to Forbes magazine. Liem Sioe Liong's son Anthoni Salim also owns a small stake. BCA President Jahja Setiaatmadja previously worked for Indomobil, a Salim Group affiliate.

Business Summary

PT Bank Central Asia Tbk provides commercial banking and other financial services. It operates through the following segments: Loans, Treasury, and Others. The firm offers deposits account, transaction banking, electronic banking, cash management, credit cards, bank assurance, credit facilities, bank guarantees, export-import facilities, foreign exchange facilities, and investment products. The company was founded on February 21, 1957 and is headquartered in Jakarta, Indonesia.

Financial Highlights

Dec 2019 IDRUSD
Revenue84,962.35B6,007.96M
Gross Profit----
Operating income36,300.87B2,566.95M
Income before tax36,288.99B2,566.11M
Net income28,565.05B2,019.92M
EBITDA----
Diluted EPS1,158.590.08
Dividends Per Share5550.03
Total Assets918,989.31B66,197.68M
Total liabilities744,846.15B53,653.60M
Total equity174,042.93B12,536.85M
Operating cash flow35,339.73B2,498.98M
Currency in IDRCurrency in USD

Historical Data

 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 59,088.89B 64,124.74B 68,436.67B 74,504.34B 84,962.35B
Gross Profit -- -- -- -- --
Operating income 22,686.31B 25,855.72B 28,672.44B 32,512.50B 36,300.87B
Income before tax 22,657.11B 25,839.20B 29,158.74B 32,706.06B 36,288.99B
Net income 18,018.65B 20,605.73B 23,309.99B 25,855.15B 28,565.05B
EBITDA -- -- -- -- --
Diluted EPS 731 836 945 1,048.67 1,158.59
Dividends Per Share 160 200 255 340 555
Total Assets 594,372.77B 676,738.75B 750,753.24B 824,787.94B 918,989.31B
Total liabilities 504,747.83B 564,023.69B 619,351.54B 673,034.51B 744,846.15B
Total equity 89,369.42B 112,433.07B 131,303.55B 151,659.68B 174,042.93B
Operating cash flow 22,206.89B 23,519.37B 19,307.18B 24,462.74B 35,339.73B
 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 4,410.52M 4,821.26M 5,114.16M 5,233.22M 6,007.96M
Gross Profit -- -- -- -- --
Operating income 1,693.35M 1,943.98M 2,142.64M 2,283.69M 2,566.95M
Income before tax 1,691.17M 1,942.73M 2,178.98M 2,297.29M 2,566.11M
Net income 1,344.95M 1,549.25M 1,741.91M 1,816.08M 2,019.92M
EBITDA -- -- -- -- --
Diluted EPS 0.05 0.06 0.07 0.07 0.08
Dividends Per Share 0.01 0.01 0.01 0.02 0.03
Total Assets 43,117.35M 50,231.11M 55,334.67M 57,356.60M 66,197.68M
Total liabilities 36,615.73M 41,864.81M 45,649.64M 46,803.51M 53,653.60M
Total equity 6,483.09M 8,345.37M 9,677.80M 10,546.57M 12,536.85M
Operating cash flow 1,657.57M 1,768.32M 1,442.79M 1,718.27M 2,498.98M

Valuation Measures

Dec 2019
PER28.84
ROA3.27%
ROE17.54%
Operating margin42.72%
Profit margin33.62%

Key executives

  • President Director: Jahja Setiaatmadja
  • Head-Operation Strategy & Development Division: Lilik Winarni
  • Director-Finance & Corporate Planning: Vera Eve Lim
  • EVP-Strategic Information Technology Group: Nur Hermawan Thendean
  • Group Head-Data Management & IT Management Office: Kho Vincentius Khosasih

Shareholders

  • PT Dwimuria Investama Andalan (54.9%)
  • SALIM ANTHONI (1.7%)
  • The Vanguard Group, Inc. (1.4%)
  • GIC Pte Ltd. (Investment Management) (1.3%)
  • PT Tricipta Mandhala Gumilang (1.0%)
  • PT Caturguwiratna Sumapala (1.0%)
  • BlackRock Fund Advisors (0.7%)
  • JPMorgan Asset Management (UK) Ltd. (0.7%)
  • T. Rowe Price International Ltd. (0.6%)
  • Government of Saudi Arabia (0.6%)

Contact Details

  • Website:http://www.bca.co.id
  • Address: Menara BCA, Grand Indonesia, Jalan M. H. Thamrin No. 1, Jakarta, 10310, Indonesia
  • Phone: +62.21.2358.8000

Related Companies

  • PT Central Capital Ventura
  • KCP Puri Indah Market
  • PT Asuransi Umum BCA
  • PT Central Santosa Finance
  • PT BCA Sekuritas
  • PT Bank BCA Syariah
  • PT Transpacific General Insurance
  • PT Bank Royal Indonesia
  • PT Bank UIB
  • PT BCA Finance

Competitors

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