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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 August 10, 1955 and is headquartered in Jakarta, Indonesia.

Financial Highlights

Dec 2021 IDRUSD
Revenue87,621.68B6,129.58M
Gross Profit----
Operating income38,921.01B2,722.72M
Income before tax38,841.17B2,717.13M
Net income31,422.66B2,198.17M
EBITDA----
Diluted EPS254.890.01
Dividends Per Share1450.01
Total Assets1,228.34T86,184.50M
Total liabilities1,025.49T71,951.99M
Total equity202,712.76B14,222.96M
Operating cash flow48,192.54B3,371.31M
Currency in IDRCurrency in USD

Historical Data

 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 68,436.67B 74,504.34B 84,962.35B 84,109.70B 87,621.68B
Gross Profit -- -- -- -- --
Operating income 28,672.44B 32,512.50B 36,300.87B 33,570.28B 38,921.01B
Income before tax 29,158.74B 32,706.06B 36,288.99B 33,568.50B 38,841.17B
Net income 23,309.99B 25,855.15B 28,565.05B 27,131.10B 31,422.66B
EBITDA -- -- -- -- --
Diluted EPS 189 209.73 231.71 220.08 254.89
Dividends Per Share 51 68 111 106 145
Total Assets 750,753.24B 824,787.94B 918,989.31B 1,075.57T 1,228.34T
Total liabilities 619,351.54B 673,034.51B 744,846.15B 890,855.54B 1,025.49T
Total equity 131,303.55B 151,659.68B 174,042.93B 184,596.32B 202,712.76B
Operating cash flow 19,307.18B 24,462.74B 35,339.73B 38,528.09B 48,192.54B
 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 5,114.16M 5,233.22M 6,007.96M 5,784.03M 6,129.58M
Gross Profit -- -- -- -- --
Operating income 2,142.64M 2,283.69M 2,566.95M 2,308.55M 2,722.72M
Income before tax 2,178.98M 2,297.29M 2,566.11M 2,308.43M 2,717.13M
Net income 1,741.91M 1,816.08M 2,019.92M 1,865.74M 2,198.17M
EBITDA -- -- -- -- --
Diluted EPS 0.01 0.01 0.01 0.01 0.01
Dividends Per Share 0.00 0.00 0.00 0.00 0.01
Total Assets 55,334.67M 57,356.60M 66,197.68M 76,553.04M 86,184.50M
Total liabilities 45,649.64M 46,803.51M 53,653.60M 63,406.08M 71,951.99M
Total equity 9,677.80M 10,546.57M 12,536.85M 13,138.52M 14,222.96M
Operating cash flow 1,442.79M 1,718.27M 2,498.98M 2,649.49M 3,371.31M

Valuation Measures

Dec 2021
PER28.63
ROA2.72%
ROE16.22%
Operating margin44.41%
Profit margin35.86%

Key executives

  • President Director: Jahja Setiaatmadja
  • Head-Operation Strategy & Development Division: Lilik Winarni
  • EVP-Strategic Information Technology Group: Nur Hermawan Thendean
  • Group Head-Data Management & IT Management Office: Kho Vincentius Khosasih
  • Group Head-IT Infrastructure & Operation: Jip Thomas Sutanto

Shareholders

  • PT Dwimuria Investama Andalan (54.9%)
  • The Vanguard Group, Inc. (1.4%)
  • GIC Pte Ltd. (Investment Management) (1.2%)
  • PT Tricipta Mandhala Gumilang (1.0%)
  • PT Caturguwiratna Sumapala (0.9%)
  • BlackRock Fund Advisors (0.8%)
  • Fidelity Management & Research Co. LLC (0.7%)
  • SALIM ANTHONI (0.6%)
  • JPMorgan Asset Management (UK) Ltd. (0.6%)
  • APG Asset Management NV (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

  • PT Asuransi Jiwa BCA
  • PT Central Capital Ventura
  • KCP Puri Indah Market
  • BCA Finance Ltd.
  • PT Asuransi Umum BCA
  • PT BCA Multi Finance
  • PT BCA Sekuritas
  • PT Bank BCA Syariah
  • PT Transpacific General Insurance
  • PT Bank Digital BCA
  • PT Bank UIB
  • PT BCA Finance

Competitors

  • PT Bank Mandiri (Persero) Tbk
Last Updated on 30 Nov, 2022

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