PT Bank Central Asia Tbk
In the news
- Pandemic rocks market cap rankings in largest shake-up since 2008 Jul 12, 2020
- Higher returns lead to P2P boom in Indonesia Mar 11, 2020
- Bangkok Bank buys Indonesia's Bank Permata for $2.7bn Dec 12, 2019
- Top Indonesian lender BCA buys Rabobank local unit for $28m Dec 12, 2019
- Indonesian developers rush to join capital relocation project Aug 29, 2019 See more articles on 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
Financial Highlights
| Dec 2019 | IDR | USD |
| Revenue | 84,962.35B | 6,007.96M |
| Gross Profit | -- | -- |
| Operating income | 36,300.87B | 2,566.95M |
| Income before tax | 36,288.99B | 2,566.11M |
| Net income | 28,565.05B | 2,019.92M |
| EBITDA | -- | -- |
| Diluted EPS | 1,158.59 | 0.08 |
| Dividends Per Share | 555 | 0.03 |
| Total Assets | 918,989.31B | 66,197.68M |
| Total liabilities | 744,846.15B | 53,653.60M |
| Total equity | 174,042.93B | 12,536.85M |
| Operating cash flow | 35,339.73B | 2,498.98M |
| Currency in IDR | Currency in USD |
Historical Data
| Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 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 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 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 | |
| PER | 28.84 |
| ROA | 3.27% |
| ROE | 17.54% |
| Operating margin | 42.72% |
| Profit margin | 33.62% |
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. (1.3%)
- GIC Pte Ltd. (Investment Management) (1.3%)
- PT Tricipta Mandhala Gumilang (1.0%)
- PT Caturguwiratna Sumapala (1.0%)
- JPMorgan Asset Management (UK) Ltd. (0.7%)
- BlackRock Fund Advisors (0.7%)
- Invesco Advisers, Inc. (0.7%)
- T. Rowe Price International Ltd. (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
Copyright © 2020 FactSet Research Systems Inc. All rights reserved.
Last Updated on 24 Nov, 2020
Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.