Macro and Flows Tracker - Positive Market Momentum
While Bank Indonesia's recent meeting highlighted weaker growth signals, stronger expansion of fiscal spending in 2H and election-related funds...
472 Views
Banking: Still on a Solid Footing
We maintain our OVERWEIGHT call on the sector with inline 2M23 monthly results at the bank only level (15.8% of our FY23F).
683 Views
Bank Syariah Indonesia (BRIS.IJ) - 2Q25 Earnings: A Slight Miss on Elevated Opex
BRIS reported a 10% yoy growth in net profit to Rp3.7tr in 1H25, slightly below at 48/47% of our/cons, driven by 20% increase in opex.
216 Views
BRIS.IJ - In Line 1Q25 Results: Solid Earnings Supported by Gold Business
Downgrade rating to Hold on BRIS with an unchanged TP of Rp2,900, as the stock trades at its fair value after rising 31% in a month.
556 Views
Bank Syariah Indonesia (BRIS.IJ) Attractive Entry Point into Indonesia’s Sharia Growth Story
The bank’s growth story remains intact, with above-peer loan and earnings growth and lower risk of potential government intervention.
539 Views