Bank Rakyat Indonesia (BBRI) Earnings: FY Net Income Rises to 60.15 Trillion Rupiah

Bank Rakyat Indonesia on Smartkarma

Analysts on Smartkarma, like Angus Mackintosh, are providing positive coverage of Bank Rakyat Indonesia (BBRI IJ). In a report titled “Ultra Attractive”, Mackintosh highlights the bank’s strong performance, with stable credit costs, growth in micro recoveries, and stable Net Interest Margins (NIMs). The report mentions that Bank Rakyat Indonesia is trading at attractive valuations and forecasts a rebound in earnings thanks to lower provisions.

Continuing with the positive sentiment, in another report titled “Visibly Turning the Corner”, Mackintosh notes the bank’s improved 3Q2024 results and better performance in corporate and consumer lending. Despite ongoing restructuring needs in the Micro segment, Bank Rakyat Indonesia is seen as making progress in managing credit costs. The report points out that valuations are appealing, with a strong Return on Equity (ROE) of 19.0%.

A look at Bank Rakyat Indonesia 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 Rakyat Indonesia (Persero) Tbk, a commercial bank offering a range of services including Shariah-compliant banking, has garnered mixed Smart Scores for its long-term outlook. With a strong Dividend score of 5, indicating a solid track record of distributing profits to shareholders, investors may find BRI appealing for potential income generation. Additionally, a Growth score of 4 suggests promising prospects for expansion and increased market share over time, highlighting the company’s potential for future development. However, with average scores in Value, Resilience, and Momentum at 3 each, investors may need to weigh the overall outlook cautiously to align with their investment goals and risk tolerance.

In summary, PT Bank Rakyat Indonesia (Persero) Tbk offers commercial banking services while also focusing on Shariah-compliant practices. Its Smart Scores reflect a notable strength in dividend payouts and growth potential, though other factors like value, resilience, and momentum show more modest ratings. Investors considering BRI for their portfolio should carefully assess the balance of these factors to make informed investment decisions in line with their long-term strategies.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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