Finance
PT Bank Rakyat Indonesia (Persero) Tbk
- 4,170.00 IDR
- -60.00
- -1.42%
Indonesia
Jun 14, 2019Ticker
JKT(BBRI)Prev. close
4,230Market cap (IDR)
521,753.00BMarket cap (USD)
36,416.20MShares
123,346M
In the news
- Southeast Asian banks log double-digit gains on strong lending Mar 8, 2019
- Corporate funds will shake up Indonesian VC model Apr 22, 2018
- Indonesia bank aims to upgrade shariah unit through IPO Apr 6, 2018
- New wealth lifts earnings at Southeast Asian banks Mar 13, 2018
- Indonesia's biggest state bank embraces digital disruption Mar 2, 2018 See more articles on PT Bank Rakyat Indonesia (Persero) Tbk
Company Background
Bank Rakyat Indonesia is one of the most profitable banks in the world. Its return on equity, a key measure of profitability, stood at 34% in 2013. ROE at most banks in developed countries is in the single digits. BRI's focus on micro loans helps the lender maintain a high interest margin. The bank claims to have a nearly 50% market share in the micro loans segment.
In a bid to expand its telecommunications network across the archipelago, BRI plans to launch its own $250 million satellite. The bank believes this move is the first of its kind.
Sofyan Bashir, who was appointed BRI's president in 2005, will step down next year after his second five-year term. He is rumored to be one of the leading candidates to take over a top post at another state-owned company, such as the national flag carrier, Garuda Indonesia. He previously served as president of Bank Bukopin, a local private lender.
Business Summary
PT Bank Rakyat Indonesia (Persero) Tbk is a holding company, which engages in the provision of financial services. It operates through the following segments: Micro Business and Program, Retail Business, Corporate Business, International Business, Treasury and Capital Market Supporting Services and Subsidiaries. The company was founded by Aria Wiriatmaja on December 16, 1895 and is headquartered in Jakarta, Indonesia.
Financial Highlights
| Dec 2018 | IDR | USD |
| Revenue | 132,646.03B | 9,317.13M |
| Gross Profit | -- | -- |
| Operating income | 35,523.56B | 2,495.19M |
| Income before tax | 41,753.69B | 2,932.80M |
| Net income | 32,351.13B | 2,272.36M |
| EBITDA | -- | -- |
| Diluted EPS | 264.65 | 0.01 |
| Dividends Per Share | 132.17 | 0.00 |
| Total Assets | 1,296.89T | 90,187.63M |
| Total liabilities | 1,109.71T | 77,170.65M |
| Total equity | 182,967.54B | 12,723.75M |
| Operating cash flow | 36,400.63B | 2,556.80M |
| Currency in IDR | Currency in USD |
Historical Data
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | |
| Revenue | 82,320.67B | 95,501.13B | 109,271.84B | 120,875.85B | 132,646.03B |
| Gross Profit | -- | -- | -- | -- | -- |
| Operating income | 26,257.70B | 30,512.90B | 34,065.13B | 31,765.62B | 35,523.56B |
| Income before tax | 30,859.07B | 32,494.01B | 33,973.77B | 37,023.23B | 41,753.69B |
| Net income | 24,241.65B | 25,397.74B | 26,195.77B | 28,997.14B | 32,351.13B |
| EBITDA | -- | -- | -- | -- | -- |
| Diluted EPS | 196.53 | 206.08 | 214.30 | 237.22 | 264.65 |
| Dividends Per Share | 58.96 | 62.33 | 85.72 | 106.74 | 132.17 |
| Total Assets | 801,955.02B | 878,426.31B | 1,003.64T | 1,127.44T | 1,296.89T |
| Total liabilities | 704,217.59B | 765,299.13B | 856,831.83B | 958,148.21B | 1,109.71T |
| Total equity | 97,560.41B | 112,832.86B | 146,421.34B | 167,191.83B | 182,967.54B |
| Operating cash flow | 30,654.54B | 38,646.60B | 40,542.07B | 46,910.07B | 36,400.63B |
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | |
| Revenue | 6,938.80M | 7,128.41M | 8,215.67M | 9,032.85M | 9,317.13M |
| Gross Profit | -- | -- | -- | -- | -- |
| Operating income | 2,213.26M | 2,277.55M | 2,561.20M | 2,373.79M | 2,495.19M |
| Income before tax | 2,601.11M | 2,425.42M | 2,554.34M | 2,766.68M | 2,932.80M |
| Net income | 2,043.32M | 1,895.74M | 1,969.54M | 2,166.90M | 2,272.36M |
| EBITDA | -- | -- | -- | -- | -- |
| Diluted EPS | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Dividends Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Assets | 64,752.12M | 63,723.34M | 74,495.78M | 83,099.13M | 90,187.63M |
| Total liabilities | 56,860.52M | 55,516.80M | 63,598.57M | 70,620.83M | 77,170.65M |
| Total equity | 7,877.30M | 8,185.19M | 10,868.16M | 12,322.96M | 12,723.75M |
| Operating cash flow | 2,583.87M | 2,884.66M | 3,048.18M | 3,505.51M | 2,556.80M |
Valuation Measures
| Dec 2018 | |
| PER | 13.82 |
| ROA | 2.66% |
| ROE | 18.47% |
| Operating margin | 26.78% |
| Profit margin | 24.38% |
Key executives
- President Director: Suprajarto
- Director-Information Technology & Operations: Indra Utoyo
- Director-Finance: Haru Koesmahargyo
- Director-Compliance: Ahmad Solichin Lutfiyanto
- Director-Risk Management: Mohammad Irfan
Shareholders
- The Vanguard Group, Inc. (1.5%)
- Fidelity Management & Research Co. (1.2%)
- BlackRock Fund Advisors (0.9%)
- PT Bank Rakyat Indonesia (Persero) Tbk (0.7%)
- Vontobel Asset Management, Inc. (0.5%)
- JPMorgan Asset Management (UK) Ltd. (0.5%)
- Norges Bank Investment Management (0.4%)
- Hermes Investment Management Ltd. (0.4%)
- BlackRock Japan Co., Ltd. (0.4%)
- Harding Loevner LP (0.4%)
Contact Details
- Website:http://www.bri.co.id
- Address: BRI I Building, Jalan Jenderal Sudirman No. 44-46, Jakarta, 10210, Indonesia
- Phone: +62.21.251.0244
Related Companies
- PT Bank Rakyat Indonesia (Persero) Tbk (Singapore Branch)
- PT Asuransi Jiwa BRINGIN JIWA SEJAHTERA
- PT Bank BRISyariah
- PT Bank Rakyat Indonesia Agroniaga Tbk
- PT Bank Rakyat Indonesia Tbk (New York Branch)
- PT Bank Jasa Arta
- PT Bank Rakyat Indonesia (Cayman Islands Branch)
- PT BTMU-BRI Finance
Competitors
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Last Updated on 14 Jun, 2019