Bank Negara Indonesia Persero (BBNI) Earnings: 1H Net Income Rises to 10.69 Trillion Rupiah Despite Lower Net Interest Income

Bank Negara Indonesia Persero on Smartkarma

Analysts on Smartkarma have been closely covering Bank Negara Indonesia Persero, with Victor Galliano providing insights on the bank’s value, growth potential, and improving return trends. In his report titled “Indonesian Banks Screener”, Galliano highlights Negara as the value pick with top NPL coverage in its peer group. He maintains a buy rating on Mandiri for its valuation to returns mix and notes Rakyat’s value attributes and attractive PEG ratio.

Angus Mackintosh, another analyst on Smartkarma, emphasizes Bank Negara Indonesia’s strong performance in fee income and reduction in provisions in his report “The Bank Has Levers to Pull On”. Despite facing a margin squeeze, the bank saw solid loan growth, especially in corporate lending. Mackintosh notes the attractive valuations of the bank at 1.2x FY2024E PBV, further underlining Bank Negara Indonesia’s positive outlook in the market.

A look at Bank Negara Indonesia Persero Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

PT Bank Negara Indonesia (Persero) Tbk, a state-owned bank, has a promising long-term outlook based on the Smartkarma Smart Scores. With a solid score of 5 in Growth, the bank is positioned for significant expansion and development. Additionally, scoring a 4 in Dividend and Resilience reflects its ability to generate stable returns for investors, further solidifying its financial strength.

Although there is room for improvement in Momentum with a score of 2, PT Bank Negara Indonesia (Persero) Tbk’s overall outlook remains positive. Its Value score of 3 indicates a fair valuation in the market, offering a potential investment opportunity for those looking for consistent growth and returns in the banking sector.

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