PT Bank Central Asia Tbk
In the news
- 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
- Southeast Asian banks log double-digit gains on strong lending Mar 8, 2019
- New wealth lifts earnings at Southeast Asian banks Mar 13, 2018 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 2018 | IDR | USD |
| Revenue | 74,504.34B | 5,233.22M |
| Gross Profit | -- | -- |
| Operating income | 32,512.50B | 2,283.69M |
| Income before tax | 32,706.06B | 2,297.29M |
| Net income | 25,855.15B | 1,816.08M |
| EBITDA | -- | -- |
| Diluted EPS | 1,048.67 | 0.07 |
| Dividends Per Share | 340 | 0.02 |
| Total Assets | 824,787.94B | 57,356.60M |
| Total liabilities | 673,034.51B | 46,803.51M |
| Total equity | 151,659.68B | 10,546.57M |
| Operating cash flow | 24,462.74B | 1,718.27M |
| Currency in IDR | Currency in USD |
Historical Data
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | |
| Revenue | 53,119.64B | 59,088.89B | 64,124.74B | 68,436.67B | 74,504.34B |
| Gross Profit | -- | -- | -- | -- | -- |
| Operating income | 20,740.92B | 22,686.31B | 25,855.72B | 28,672.44B | 32,512.50B |
| Income before tax | 20,741.12B | 22,657.11B | 25,839.20B | 29,158.74B | 32,706.06B |
| Net income | 16,485.85B | 18,018.65B | 20,605.73B | 23,309.99B | 25,855.15B |
| EBITDA | -- | -- | -- | -- | -- |
| Diluted EPS | 669 | 731 | 836 | 945 | 1,048.67 |
| Dividends Per Share | 148 | 160 | 200 | 255 | 340 |
| Total Assets | 553,155.53B | 594,372.77B | 676,738.75B | 750,753.24B | 824,787.94B |
| Total liabilities | 477,429.84B | 504,747.83B | 564,023.69B | 619,351.54B | 673,034.51B |
| Total equity | 75,488.15B | 89,369.42B | 112,433.07B | 131,303.55B | 151,659.68B |
| Operating cash flow | 15,722.45B | 22,206.89B | 23,519.37B | 19,307.18B | 24,462.74B |
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | |
| Revenue | 4,477.45M | 4,410.52M | 4,821.26M | 5,114.16M | 5,233.22M |
| Gross Profit | -- | -- | -- | -- | -- |
| Operating income | 1,748.25M | 1,693.35M | 1,943.98M | 2,142.64M | 2,283.69M |
| Income before tax | 1,748.26M | 1,691.17M | 1,942.73M | 2,178.98M | 2,297.29M |
| Net income | 1,389.59M | 1,344.95M | 1,549.25M | 1,741.91M | 1,816.08M |
| EBITDA | -- | -- | -- | -- | -- |
| Diluted EPS | 0.05 | 0.05 | 0.06 | 0.07 | 0.07 |
| Dividends Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 |
| Total Assets | 44,663.34M | 43,117.35M | 50,231.11M | 55,334.67M | 57,356.60M |
| Total liabilities | 38,549.04M | 36,615.73M | 41,864.81M | 45,649.64M | 46,803.51M |
| Total equity | 6,095.12M | 6,483.09M | 8,345.37M | 9,677.80M | 10,546.57M |
| Operating cash flow | 1,325.24M | 1,657.57M | 1,768.32M | 1,442.79M | 1,718.27M |
Valuation Measures
| Dec 2018 | |
| PER | 24.79 |
| ROA | 3.28% |
| ROE | 18.27% |
| Operating margin | 43.63% |
| Profit margin | 34.70% |
Key executives
- President Director: Jahja Setiaatmadja
- Head-Corporate Finance Group: Lay Susiana Santoso
- EVP-Strategic Information Technology Group: Nur Hermawan Thendean
- Director-Compliance & Risk Management: Subur Tan
- Director: Inawaty Handoyo
Shareholders
- HARTONO FAMILY (54.9%)
- SALIM ANTHONI (1.7%)
- The Vanguard Group, Inc. (1.3%)
- Capital Research & Management Co. (World Investors) (1.1%)
- BlackRock Fund Advisors (0.9%)
- T. Rowe Price International Ltd. (0.8%)
- JPMorgan Asset Management (UK) Ltd. (0.6%)
- Fidelity Management & Research Co. (0.6%)
- FIL Investment Advisors (UK) Ltd. (0.5%)
- Capital Research & Management Co. (Global Investors) (0.5%)
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
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Competitors
- PT Bank Negara Indonesia (Persero) Tbk Class B
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Last Updated on 16 Jan, 2020