Bank Mandiri Persero

Bank Mandiri Persero (BMRI IJ)

PT Bank Mandiri (Persero) Tbk is formed by the merger of four state-owned banks, namely Pt Bank Bumi Daya, PT Bank Dagang Negara, PT Bank Ekspor Import Indonesia (Bank Exim), PT Bank Pembangunan Indonesia (Bank Bapindo). The Bank operates in the commercial banking services.
bullishBank Mandiri Persero21 Sep 2023 17:07

Bank Mandiri (BMRI IJ) - Higher Returns While Livin' It Up

Bank Mandiri (BMRI IJ) continues to positively surprise on loans, NIMs, and credit costs, with a consequential improvement in returns. This is...

bullishBank Mandiri Persero02 Aug 2023 07:29Broker Report

Bank Mandiri (BMRI IJ) - Continuing to Impress

We reiterate our BUY call on BMRI with a higher GGM-derived TP of IDR7,500 (implying 2.5x 2024F PBV) as we roll over our valuation to next year...

bullishBank Mandiri Persero27 Apr 2023 13:01Broker Report

Bank Mandiri (BMRI IJ): CASA Games Going Strong

We maintain our BUY call on BMRI with an unchanged GGM-derived TP of IDR6,000 (implying 2.3x 2023F PBV) post the decent 1Q23 results.

bullishBank Mandiri Persero21 Apr 2023 21:36

Bank Mandiri (BMRI IJ) – Growth Potential Backed by a Sound Balance Sheet at Attractive Valuations

Mandiri remains our top pick in Indonesian banks, also screening well with EM peers; it trades on low prospective PE multiples, has high growth...

bullishBank Mandiri Persero20 Apr 2023 17:57

Bank Mandiri (BMRI IJ) - Riding a Digital Wave

Bank Mandiri (BMRI IJ) released a well-balanced set of results with some pressure on NIMs more than offset by higher loan yields, lower credit...