PT Bank Rakyat Indonesia (Persero) Tbk
In the news
- Google expands in Indonesia's cloud services battleground Jul 8, 2020
- Indonesia's top lender expects coronavirus to boost digital banking Apr 12, 2020
- Southeast Asian banks log double-digit gains on strong lending Mar 8, 2019
- Indonesia bank aims to upgrade shariah unit through IPO Apr 6, 2018
- New wealth lifts earnings at Southeast Asian banks Mar 13, 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
Financial Highlights
Dec 2019 | IDR | USD |
Revenue | 148,436.31B | 10,496.42M |
Gross Profit | -- | -- |
Operating income | 36,380.06B | 2,572.55M |
Income before tax | 43,364.05B | 3,066.41M |
Net income | 34,372.60B | 2,430.60M |
EBITDA | -- | -- |
Diluted EPS | 280.95 | 0.01 |
Dividends Per Share | 168.20 | 0.01 |
Total Assets | 1,416.75T | 102,053.58M |
Total liabilities | 1,207.97T | 87,014.19M |
Total equity | 206,323.43B | 14,862.12M |
Operating cash flow | 66,394.43B | 4,694.96M |
Currency in IDR | Currency in USD |
Historical Data
Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | |
Revenue | 95,501.13B | 109,271.84B | 120,875.85B | 132,646.03B | 148,436.31B |
Gross Profit | -- | -- | -- | -- | -- |
Operating income | 30,512.90B | 34,065.13B | 31,765.62B | 35,523.56B | 36,380.06B |
Income before tax | 32,494.01B | 33,973.77B | 37,023.23B | 41,753.69B | 43,364.05B |
Net income | 25,397.74B | 26,195.77B | 28,997.14B | 32,351.13B | 34,372.60B |
EBITDA | -- | -- | -- | -- | -- |
Diluted EPS | 206.08 | 42.86 | 237.22 | 264.65 | 280.95 |
Dividends Per Share | 62.33 | 85.72 | 106.74 | 132.17 | 168.20 |
Total Assets | 878,426.31B | 1,003.64T | 1,127.44T | 1,296.89T | 1,416.75T |
Total liabilities | 765,299.13B | 856,831.83B | 958,148.21B | 1,109.71T | 1,207.97T |
Total equity | 112,832.86B | 146,421.34B | 167,191.83B | 182,967.54B | 206,323.43B |
Operating cash flow | 38,646.60B | 40,542.07B | 46,910.07B | 36,400.63B | 66,394.43B |
Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | |
Revenue | 7,128.41M | 8,215.67M | 9,032.85M | 9,317.13M | 10,496.42M |
Gross Profit | -- | -- | -- | -- | -- |
Operating income | 2,277.55M | 2,561.20M | 2,373.79M | 2,495.19M | 2,572.55M |
Income before tax | 2,425.42M | 2,554.34M | 2,766.68M | 2,932.80M | 3,066.41M |
Net income | 1,895.74M | 1,969.54M | 2,166.90M | 2,272.36M | 2,430.60M |
EBITDA | -- | -- | -- | -- | -- |
Diluted EPS | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 |
Dividends Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
Total Assets | 63,723.34M | 74,495.78M | 83,099.13M | 90,187.63M | 102,053.58M |
Total liabilities | 55,516.80M | 63,598.57M | 70,620.83M | 77,170.65M | 87,014.19M |
Total equity | 8,185.19M | 10,868.16M | 12,322.96M | 12,723.75M | 14,862.12M |
Operating cash flow | 2,884.66M | 3,048.18M | 3,505.51M | 2,556.80M | 4,694.96M |
Valuation Measures
Dec 2019 | |
PER | 15.65 |
ROA | 2.53% |
ROE | 17.65% |
Operating margin | 24.50% |
Profit margin | 23.15% |
Key executives
- President Director: Sunarso
- Director-Information Technology & Operations: Indra Utoyo
- Finance Director: Haru Koesmahargyo
- Compliance Director: Azizatun Azhimah
- Director-Network & Services: Ahmad Solichin Lutfiyanto
Shareholders
- Government of Indonesia (56.7%)
- The Vanguard Group, Inc. (1.4%)
- Fidelity Management & Research Co. LLC (1.1%)
- Capital Research & Management Co. (World Investors) (0.8%)
- BlackRock Fund Advisors (0.8%)
- JPMorgan Asset Management (UK) Ltd. (0.6%)
- PT Bank Rakyat Indonesia (Persero) Tbk (0.6%)
- APG Asset Management NV (0.5%)
- Baillie Gifford & Co. (0.4%)
- Nordea Investment Management AB (Denmark) (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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