Bank Neo Commerce - Turning Positive in 3Q24, Lower CoC Offsetting the Lower NIM
BBYB reported a slight net profit of Rp10bn in 3Q24 (vs. a slight net loss in 2Q24), resulting in a positive 9M24 NP of Rp4bn.
324 Views
The Week That Was That Was in ASEAN@Smartkarma - CP Axtra's Gaff, Berli Jucker, and ITMG's Value
The past week saw insights on CP Axtra (CPAXT TB), Berli Jucker (BJC TB), Mphb Capital (MPHB MK), and PT Daya Intiguna Yasa Tbk (Mr DIY Indonesia)...
71 Views
Bank Neo Commerce - Turning into Net Loss in 2Q24 on Loans and NIM Contraction
BBYB reported a slight net loss of Rp20bn in 2Q24 (vs. slight net profit in 1Q24) from lower NII, partly offset by lower opex and provisions.
148 Views
Bank Neo Commerce (BBYB IJ) - 1Q24 Earnings Beat: A Profitable 1Q from Lower Provisions
Maintain Buy rating with an unchanged TP of Rp600 with a low LDR and sufficient coverage to drive loans and earnings growth.
188 Views
Bank Neo Commerce - Improving NPLs and Higher Coverage to Drive Lower Provisions
Bank Neo Commerce (BBYB IJ)Improving NPLs and higher coverage to drive lower provisions, supporting FY24/25F earnings growth
403 Views