Company Profile of Bank Central Asia; One of Indonesia's Largest Lenders
Indonesia Investments updated the company file of Bank Central Asia (BCA). The company is Indonesia’s largest lender by market value and the country's second largest bank by assets. Robust loan disbursements translated into BCA's higher net profit growth in the first half of 2013. In this period the bank posted a 19.3 percent growth (yoy) in net profits to IDR 6.3 trillion, mainly supported by higher net interest income and fee-based income. The bank's loan portfolio grew 24 percent to IDR 280.4 trillion.
Bank Central Asia's performance results over the first half of 2013 can be accessed here.
Click here to continue to Bank Central Asia's company profile
Bank Central Asia's Financial Highlights:
| 2008 | 2009 | 2010 | 2011 | 2012 | |
| Net Profit | 5,776 | 6,807 | 8,479 | 10,820 | 11,721 |
| Profit Before Tax | 7,720 | 8,945 | 10,653 | 13,619 | 14,686 |
| Operating Income | 16,219 | 19,346 | 20,282 | 24,049 | 27,614 |
| Total Assets |
245,570 | 282,392 | 324,419 | 381,908 | 442,994 |
| Earnings per share¹ | 236 | 279 | 348 | 444 | 480 |
| Third Party Funds | 209,529 | 245,140 | 277,531 | 323,428 | 370,274 |
| Non Performing Loan Ratio | 0.6% | 0.7% | 0.6% | 0.5% | 0.4% |
| Capital Adequacy Ratio (CAR) | 15.8% | 15.3% | 13.5% | 12.7% | 14.2% |
| Dividend per Share¹ | 100.0 | 110.0 | 112.5 | 113.5 | 113,50 |
| P/E Ratio (x) | 13.8 | 17.4 | 18.4 | 18.0 | 19.0 |
in billion IDR (Rupiah), except otherwise indicated
¹ in IDR (Rupiah)
Source: Bank Central Asia, Annual Report 2012
Future Projection of Bank Central Asia's Financial Highlights:
| 2011 | 2012 | 2013F | 2014F | 2015F | |
| Net Profit | 10,820 | 11,721 | 13,363 | 14,998 | 16,769 |
| Profit Before Tax | 13,619 | 14,686 | 16,708 | 18,752 | 20,966 |
| Earnings per share¹ | 444 | 480 | 544 | 610 | 682 |
| P/E Ratio (x) | 18.0 | 22.4 | 19.3 | 17.2 | 15.4 |
in billion IDR (Rupiah), except otherwise indicated
¹ in IDR (Rupiah)
Source: Maybank Kim Eng Securities