Bank BTPN Syariah (BTPS.IJ) FY26 Outlook: Solid Earnings Growth Driven by Higher NIM...
We expect CoC to remain above 8% amid challenging ultra-micro conditions but improve yoy due to the absence of one-off provisions.
188 Views
Primer: Bank BTPN Syariah (BTPS IJ) - Nov 2025
Unique Business Model with Social Impact: BTPS is the only Syariah bank in Indonesia focused exclusively on the productive poor/ultra-micro...
330 Views
Bank BTPN Syariah (BTPS.IJ) - Solid Profit Growth on Robust Asset Quality
Mgmt remains cautious on loan growth, monitoring macro conditions, and expects NIM to stay stable in the coming quarters. We downgrade our rating...
387 Views
Bank BTPN Syariah (BTPS.IJ) - Emerging from the Final Leg of Credit Cycle Pain
Loan contraction (flat mom) showed signs of bottoming out, indicating that new disbursements are catching up with maturing loans. Maintain Buy...
401 Views
Bank BTPN Syariah (BTPS.IJ) Robust Start in FY25
BTPS booked a net profit of Rp1.1tr in FY24 (-2% yoy), with CoC of 12.6% (FY23: 16.0%), in line with our and consensus FY24 estimates.
526 Views