PT Bank Central Asia Tbk

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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	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

IDR | USD

	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. (1.4%)
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

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Competitors

Last Updated on 3 Aug, 2020