bullish•Bank Mandiri Persero•21 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...
bullish•Bank Mandiri Persero•02 Aug 2023 07:29•Broker 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...
bullish•Bank Mandiri Persero•27 Apr 2023 13:01•Broker 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.
bullish•Bank Mandiri Persero•21 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...
bullish•Bank Mandiri Persero•20 Apr 2023 17:57