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Finance
PT Bank Rakyat Indonesia (Persero) Tbk
- 3,300.00 IDR
- +160.00
- +5.10%
Indonesia
Aug 13, 2018Ticker
JKT(BBRI)Prev. close
3,140Market cap (IDR)
387,305.82BMarket cap (USD)
26,536.88MShares
123,345.80M
In the news
- 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
- Lauren Compere: Socially responsible companies are proving good investments in Asia Jan 25, 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, Retail, Corporate, Others, and Subsidiaries. The Micro segment offers banking services to individual customers and micro-entrepreneurs. The Retail segment serves small and medium entrepreneurs as well as consumer financing services. The Corporate segment includes state-owned enterprises, and private corporations that provides trickle-down business. The Subsidiaries segment covers conventional and sharia banking services, remittance services, life insurance, and multifinance. The company was founded by Aria Wiriatmaja on December 16, 1895 and is headquartered in Jakarta, Indonesia.
Financial Highlights
| Dec 2017 | IDR | USD |
| Revenue | 120,738.11B | 9,022.56M |
| Gross Profit | -- | -- |
| Operating income | 37,054.46B | 2,769.02M |
| Income before tax | 37,022.15B | 2,766.60M |
| Net income | 28,996.53B | 2,166.86M |
| EBITDA | -- | -- |
| Diluted EPS | 237.22 | 0.01 |
| Dividends Per Share | 106.74 | 0.00 |
| Total Assets | 1,126.24T | 83,010.75M |
| Total liabilities | 958,900.94B | 70,676.31M |
| Total equity | 166,748.81B | 12,290.31M |
| Operating cash flow | 47,090.27B | 3,518.98M |
| Currency in IDR | Currency in USD |
Historical Data
| Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | |
| Revenue | 65,861.38B | 82,320.67B | 95,501.13B | 109,271.84B | 120,738.11B |
| Gross Profit | -- | -- | -- | -- | -- |
| Operating income | 24,177.58B | 26,257.70B | 30,512.90B | 34,065.13B | 37,054.46B |
| Income before tax | 27,910.06B | 30,859.07B | 32,494.01B | 33,973.77B | 37,022.15B |
| Net income | 21,344.13B | 24,241.65B | 25,397.74B | 26,195.77B | 28,996.53B |
| EBITDA | -- | -- | -- | -- | -- |
| Diluted EPS | 173.04 | 196.53 | 206.08 | 214.30 | 237.22 |
| Dividends Per Share | 51.46 | 58.96 | 62.33 | 85.72 | 106.74 |
| Total Assets | 626,182.92B | 801,955.02B | 878,426.31B | 1,003.64T | 1,126.24T |
| Total liabilities | 546,855.50B | 704,217.59B | 765,299.13B | 856,831.83B | 958,900.94B |
| Total equity | 79,163.67B | 97,560.41B | 112,832.86B | 146,421.34B | 166,748.81B |
| Operating cash flow | 29,233.50B | 30,654.54B | 38,646.60B | 40,542.07B | 47,090.27B |
| Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | |
| Revenue | 6,303.73M | 6,938.80M | 7,128.41M | 8,215.67M | 9,022.56M |
| Gross Profit | -- | -- | -- | -- | -- |
| Operating income | 2,314.08M | 2,213.26M | 2,277.55M | 2,561.20M | 2,769.02M |
| Income before tax | 2,671.33M | 2,601.11M | 2,425.42M | 2,554.34M | 2,766.60M |
| Net income | 2,042.89M | 2,043.32M | 1,895.74M | 1,969.54M | 2,166.86M |
| 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 | 51,452.99M | 64,752.12M | 63,723.34M | 74,495.78M | 83,010.75M |
| Total liabilities | 44,934.71M | 56,860.52M | 55,516.80M | 63,598.57M | 70,676.31M |
| Total equity | 6,504.82M | 7,877.30M | 8,185.19M | 10,868.16M | 12,290.31M |
| Operating cash flow | 2,798.00M | 2,583.87M | 2,884.66M | 3,048.18M | 3,518.98M |
Valuation Measures
| Dec 2017 | |
| PER | 15.34 |
| ROA | 2.72% |
| ROE | 18.51% |
| Operating margin | 30.68% |
| Profit margin | 24.01% |
Key executives
- President Director: Suprajarto
- Senior Executive Vice President-Operations: Agus Noorsanto
- Director-Business & Finance Strategy: Haru Koesmahargyo
- Director-Digital Banking & Information Technology: Indra Utoyo
- Director-Compliance: Susy Liestiowaty
Shareholders
- Government of Indonesia (56.7%)
- The Vanguard Group, Inc. (1.4%)
- Fidelity Management & Research Co. (1.1%)
- PT Bank Rakyat Indonesia (Persero) Tbk (0.8%)
- BlackRock Fund Advisors (0.8%)
- Harding Loevner LP (0.5%)
- APG Asset Management NV (0.5%)
- PT Schroder Investment Management Indonesia (0.4%)
- Vontobel Asset Management, Inc. (0.4%)
- JPMorgan Asset Management (UK) Ltd. (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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