BBCA.JK Full Year 2020 Result : slightly above expectation
News just come in from the authority that BBCA.JK posted FY20 Net Profit of IDR 27.1 Trillion (-5.0% YoY), down 5% from last year.
Since BBCA is in Banking Sector, It is on asset Quality parameter, NPL (Non Performing Loan) ratio increased from 1.3% last year to 1.8% in FY20. It is worth to note that coverage ratio increased from 189.2% at 2019 to 260.9% in FY20.
key note :
Loan growth
-2.5% YoY
+1.2% QoQ
Deposit growth
+19.3% YoY
+7.7% QoQ
LDR
Dec-20: 65.8%
Sep-20: 69.6%
Dec-19: 80.5%
Gross NPL
Dec-20: 1.8%
Sep-20: 1.9%
Dec-19: 1.3%
NIM
Dec-20: 5.7%
Sep-20: 5.8%
Dec-19: 6.2%
My position still Bullish for BBCA.JK. With target 37000 or above.
BUY : 34925
Target : 37000 or above
SL : 33625
Disclaimer : I am not a finansial advisor and I do not give any financial advise. This is purely my analysis and due diligence. All profits and losses caused by following my post are at your own risk. I do not take any responsible for your trade.
Since BBCA is in Banking Sector, It is on asset Quality parameter, NPL (Non Performing Loan) ratio increased from 1.3% last year to 1.8% in FY20. It is worth to note that coverage ratio increased from 189.2% at 2019 to 260.9% in FY20.
key note :
Loan growth
-2.5% YoY
+1.2% QoQ
Deposit growth
+19.3% YoY
+7.7% QoQ
LDR
Dec-20: 65.8%
Sep-20: 69.6%
Dec-19: 80.5%
Gross NPL
Dec-20: 1.8%
Sep-20: 1.9%
Dec-19: 1.3%
NIM
Dec-20: 5.7%
Sep-20: 5.8%
Dec-19: 6.2%
My position still Bullish for BBCA.JK. With target 37000 or above.
BUY : 34925
Target : 37000 or above
SL : 33625
Disclaimer : I am not a finansial advisor and I do not give any financial advise. This is purely my analysis and due diligence. All profits and losses caused by following my post are at your own risk. I do not take any responsible for your trade.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.