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Bank Danamon

Bank Danamon's net profit rose 127% yoy to IDR 1,556 bil in 4Q2019

By Helgi Library - March 3, 2020

Bank Danamon made a net profit of IDR 1,556 bil under revenues of IDR 4,974 bil in the fourth quarter of 2019, up 127% and 9....

Bank Danamon's npls (as % of loans) rose 1.34% yoy to 5.14% in 4Q2019

By Helgi Library - March 4, 2020

Bank Danamon's non-performing loans reached 5.14% of total loans at the end of 2019-12-31, up from 5.07% compared to the previous...

Bank Danamon's net interest margin rose 5.74% yoy to 8.25% in 4Q2019

By Helgi Library - March 3, 2020

Bank Danamon's net interest margin amounted to 8.25% in the fourth quarter of 2019, up from 7.26% when compared to the previous ...

Profit Statement 2017 2018 2019
Net Interest Income IDR bil 14,151 14,245 14,583
Net Fee Income IDR bil 3,080 3,091 2,977
Other Income IDR bil 1,288 601 801
Total Revenues IDR bil 18,520 17,937 18,361
Staff Cost IDR bil 5,023 4,966 5,436
Operating Profit IDR bil 9,442 8,757 8,347
Provisions IDR bil 3,513 3,267 4,705
Net Profit IDR bil 3,679 3,366 3,688
Balance Sheet 2017 2018 2019
Interbank Loans IDR bil 7,527 9,963 11,939
Customer Loans IDR bil 120,495 130,154 136,780
Total Assets IDR bil 178,257 186,762 193,534
Shareholders' Equity IDR bil 39,172 41,940 45,417
Interbank Borrowing IDR bil 18,646 10,444 11,044
Customer Deposits IDR bil 101,897 107,696 109,792
Issued Debt Securities IDR bil 5,964 14,449 17,310
Ratios 2017 2018 2019
ROE % 9.74 8.30 8.44
ROA % 2.09 1.84 1.94
Costs (As % Of Assets) % 5.15 5.03 5.27
Costs (As % Of Income) % 49.0 51.2 54.5
Capital Adequacy Ratio % 22.1 22.2 24.2
Net Interest Margin % 8.02 7.81 7.67
Loans (As % Of Deposits) % 118 121 125
NPLs (As % Of Loans) % 5.05 5.07 5.14
Provisions (As % Of NPLs) % 67.7 64.0 64.4
Valuation 2017 2018 2019
Price/Earnings (P/E) 18.1 21.6 10.5
Price/Book Value (P/BV) 1.70 1.74 0.850
Dividend Yield % 1.93 1.88 ...
Earnings Per Share (EPS) IDR 384 351 377
Book Value Per Share IDR 4,087 4,376 4,647
Dividend Per Share IDR 134 143 ...

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summary Unit 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
income statement                                                            
Net Interest Income IDR bil                                               13,536 13,681 13,650 13,781 14,151    
Total Revenues IDR bil                                               19,177 18,445 18,258 18,472 18,520    
Operating Profit IDR bil                                               9,311 8,398 9,306 9,738 9,442    
Net Profit IDR bil                                               4,044 2,605 2,394 2,668 3,679    
balance sheet                                                            
Interbank Loans IDR bil                                               12,735 15,073 21,849 7,705 7,527    
Customer Loans IDR bil                                               132,143 135,110 124,891 117,817 120,495    
Debt Securities IDR bil                                               13,327 15,505 13,320 27,136 27,157    
Total Assets IDR bil                                               184,237 195,821 188,057 174,437 178,257    
Shareholders' Equity IDR bil                                               31,553 32,647 34,215 36,378 39,172    
Interbank Borrowing IDR bil                                               18,339 16,380 16,797 16,888 18,646    
Customer Deposits IDR bil                                               109,161 116,495 115,142 103,740 101,897    
Issued Debt Securities IDR bil                                               12,306 13,185 7,829 5,798 5,964    
ratios                                                            
ROE % ...                                             13.4 8.12 7.16 7.56 9.74    
ROA % ...                                             2.38 1.37 1.25 1.47 2.09    
Costs (As % Of Assets) % ...                                             5.80 5.29 4.66 4.82 5.15    
Costs (As % Of Income) %                                               51.5 54.5 49.0 47.3 49.0    
Capital Adequacy Ratio % ... ... ... ... ... ... ...                                 35.7 17.8 19.7 20.9 22.1    
Net Interest Margin % ...                                             7.96 7.20 7.11 7.60 8.02    
Interest Income (As % Of Revenues) %                                               70.6 74.2 74.8 74.6 76.4    
Fee Income (As % Of Revenues) %                                               7.16 22.1 19.5 17.8 16.6    
Staff Cost (As % Of Total Cost) % ... ... ... ... ... ... ...                                 57.9 57.8 54.0 55.9 55.3    
Equity (As % Of Assets) %                                               17.1 16.7 18.2 20.9 22.0    
Loans (As % Of Deposits) %                                               121 116 108 114 118    
Loans (As % Assets) %                                               71.7 69.0 66.4 67.5 67.6    
NPLs (As % Of Loans) % ... ... ... ... ... ... ...                                 3.11 4.03 5.38 5.38 5.05    
Provisions (As % Of NPLs) % ... ... ... ... ... ... ...                                 77.0 70.4 64.3 69.3 67.7    
valuation                                                            
Market Capitalisation (End Of Period) USD mil ...               ...                             2,973 3,489 2,214 2,626 4,902    
Number Of Shares (Average) mil ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   9,585 9,585 9,585 9,585 9,585    
Share Price (End Of Period) IDR ...                                             3,775 4,525 3,200 3,710 6,950    
Earnings Per Share (EPS) IDR ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   422 272 250 278 384    
Book Value Per Share IDR ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   3,292 3,406 3,570 3,795 4,087    
Dividend Per Share IDR ... ... ... ...                                       127 81.5 74.9 97.5 134   ...
Price/Earnings (P/E) ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   8.95 16.6 12.8 13.3 18.1    
Price/Book Value (P/BV) ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   1.15 1.33 0.896 0.977 1.70    
Dividend Yield % ... ... ... ...                                       3.35 1.80 2.34 2.63 1.93   ...
Earnings Per Share Growth % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                 0.543 -35.6 -8.11 11.4 37.9    
Book Value Per Share Growth % ...                                             9.81 3.47 4.80 6.32 7.68    
income statement Unit 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
income statement                                                            
Interest Income IDR bil                                               20,136 22,992 22,422 20,657 20,054    
Interest Cost IDR bil                                               6,600 9,312 8,772 6,876 5,903    
Net Interest Income IDR bil                                               13,536 13,681 13,650 13,781 14,151    
Net Fee Income IDR bil                                               1,373 4,071 3,555 3,280 3,080    
Other Income IDR bil                                               4,268 694 1,053 1,410 1,288    
Total Revenues IDR bil                                               19,177 18,445 18,258 18,472 18,520    
Staff Cost IDR bil ... ... ... ... ... ... ...                                 5,713 5,811 4,834 4,879 5,023    
Depreciation IDR bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...     500 539 515 464 432    
Other Cost IDR bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...     3,654 3,697 3,603 3,392 3,623    
Operating Cost IDR bil                                               9,867 10,047 8,952 8,734 9,078    
Operating Profit IDR bil                                               9,311 8,398 9,306 9,738 9,442    
Provisions IDR bil                                               3,348 3,986 5,082 4,441 3,513    
Extra and Other Cost IDR bil                                               429 856 942 905 566    
Pre-Tax Profit IDR bil                                               5,533 3,555 3,283 4,391 5,363    
Tax IDR bil                                               1,372 871 813 1,600 1,538    
Minorities IDR bil                                               118 78.6 75.9 123 147    
Net Profit IDR bil                                               4,044 2,605 2,394 2,668 3,679    
Dividends IDR bil                                               1,212 781 718 934 1,289   ...
growth rates                                                            
Net Interest Income Growth % ...                                             4.71 1.07 -0.227 0.964 2.68    
Net Fee Income Growth % ...                                             -76.1 196 -12.7 -7.72 -6.09    
Total Revenue Growth % ...                                             -1.86 -3.82 -1.01 1.17 0.259    
Operating Cost Growth % ...                                             -6.06 1.83 -10.9 -2.43 3.93    
Operating Profit Growth % ...                                             3.02 -9.80 10.8 4.64 -3.04    
Pre-Tax Profit Growth % ...                                             0.598 -35.7 -7.67 33.8 22.1    
Net Profit Growth % ...                                             0.543 -35.6 -8.11 11.4 37.9    
market share                                                            
Market Share in Revenues % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                 5.43 4.64 4.16 3.66 3.58 ... ...
Market Share in Net Profit % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                 3.62 2.28 2.41 2.82 2.86 ... ...
Market Share in Branches % ... ... ... ... ... ... ... ... ... ...     ... ...                   ... ... ... ... ... ... ...
balance sheet Unit 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
balance sheet                                                            
Cash IDR bil                                               12,205 13,125 12,239 9,617 10,102    
Interbank Loans IDR bil                                               12,735 15,073 21,849 7,705 7,527    
Customer Loans IDR bil                                               132,143 135,110 124,891 117,817 120,495    
Retail Loans IDR bil ... ... ... ... ... ... ... ... ... ... ... ...                       57,023 59,917 46,965 46,773 49,152    
Mortgage Loans IDR bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...       4,725 4,328 3,575 2,675 2,474    
Consumer Loans IDR bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...       52,298 55,589 43,390 44,097 46,677    
Corporate Loans IDR bil ... ... ... ... ... ... ... ... ... ... ... ... ... ...     ...             75,113 75,703 80,451 73,815 74,055    
Debt Securities IDR bil                                               13,327 15,505 13,320 27,136 27,157    
Fixed Assets IDR bil                                               2,199 2,490 2,559 2,506 2,288    
Intangible Assets IDR bil ... ... ... ... ... ...                                   1,378 1,367 1,427 1,470 1,569    
Goodwill IDR bil ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   1,075 1,075 1,075 1,075 1,075    
Total Assets IDR bil                                               184,237 195,821 188,057 174,437 178,257    
Shareholders' Equity IDR bil                                               31,553 32,647 34,215 36,378 39,172    
Of Which Minority Interest IDR bil                                               302 238 283 435 512    
Liabilities IDR bil                                               152,684 163,174 153,843 138,059 139,085    
Interbank Borrowing IDR bil                                               18,339 16,380 16,797 16,888 18,646    
Customer Deposits IDR bil                                               109,161 116,495 115,142 103,740 101,897    
Sight Deposits IDR bil                                               19,776 21,827 15,906 14,974 14,646    
Term Deposits IDR bil                                               89,385 94,669 99,236 88,765 87,251    
Issued Debt Securities IDR bil                                               12,306 13,185 7,829 5,798 5,964    
Subordinated Debt IDR bil ... ... ... ... ... ... ... ... ... ... ... ...                     ... ... ... ... ... ...    
Other Liabilities IDR bil                                               12,878 17,113 14,075 11,633 12,578    
asset quality                                                            
Non-Performing Loans IDR bil ... ... ... ... ... ... ...                                 4,208 5,607 6,958 6,590 6,306    
Gross Loans IDR bil                                               135,383 139,057 129,367 122,385 124,766    
Total Provisions IDR bil                                               3,240 3,947 4,476 4,568 4,271    
growth rates                                                            
Customer Loan Growth % ...                                             16.8 2.25 -7.56 -5.66 2.27    
Retail Loan Growth % ... ... ... ... ... ... ... ... ... ... ... ... ...                     4.86 5.08 -21.6 -0.410 5.09    
Mortgage Loan Growth % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...     -2.06 -8.41 -17.4 -25.2 -7.51    
Consumer Loan Growth % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...     5.53 6.29 -21.9 1.63 5.85    
Corporate Loan Growth % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...   ... ...           25.3 0.787 6.27 -8.25 0.325    
Total Asset Growth % ...                                             18.3 6.29 -3.96 -7.24 2.19    
Shareholders' Equity Growth % ...                                             9.81 3.47 4.80 6.32 7.68    
Customer Deposit Growth % ...                                             21.4 6.72 -1.16 -9.90 -1.78    
market share                                                            
Market Share in Customer Loans % ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   3.85 3.57 3.05 2.70 2.54 ... ...
Market Share in Corporate Loans % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...   ...             4.75 4.31 4.05 3.51 3.28 ... ...
Market Share in Retail Loans % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...       7.92 4.15 3.00 2.40 2.41 ... ...
Market Share in Consumer Loans % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...       6.10 3.62 2.63 2.13 2.09 ... ...
Market Share in Mortgage Loans % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...       1.72 1.37 1.05 0.730 0.606 ... ...
Market Share in Total Assets %                                               3.73 3.50 3.08 2.63 2.45 ... ...
Market Share in Customer Deposits %                                               3.20 3.07 2.83 2.30 2.07 ... ...
ratios Unit 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
ratios                                                            
ROE % ...                                             13.4 8.12 7.16 7.56 9.74    
ROA % ...                                             2.38 1.37 1.25 1.47 2.09    
Costs (As % Of Assets) % ...                                             5.80 5.29 4.66 4.82 5.15    
Costs (As % Of Income) %                                               51.5 54.5 49.0 47.3 49.0    
Capital Adequacy Ratio % ... ... ... ... ... ... ...                                 35.7 17.8 19.7 20.9 22.1    
Tier 1 Ratio % ... ... ... ... ... ... ... ... ... ... ... ... ... ...           ... ...     17.3 17.2 18.8 ... ...    
Net Interest Margin % ...                                             7.96 7.20 7.11 7.60 8.02    
Interest Spread % ...                                             7.13 6.20 6.15 6.69 7.11    
Asset Yield % ...                                             11.8 12.1 11.7 11.4 11.4    
Cost Of Liabilities % ...                                             4.72 5.90 5.53 4.71 4.26    
Payout Ratio %                                               30.0 30.0 30.0 35.0 35.0   ...
Interest Income (As % Of Revenues) %                                               70.6 74.2 74.8 74.6 76.4    
Fee Income (As % Of Revenues) %                                               7.16 22.1 19.5 17.8 16.6    
Other Income (As % Of Revenues) %                                               22.3 3.76 5.77 7.63 6.95    
Cost Per Employee USD per month ... ... ... ... ... ... ...                                 973 928 864 935 1,047    
Cost Per Employee (Local Currency) IDR per month ... ... ... ... ... ... ...                                 10,134,400 11,399,600 11,313,400 12,725,200 14,126,700    
Staff Cost (As % Of Total Cost) % ... ... ... ... ... ... ...                                 57.9 57.8 54.0 55.9 55.3    
Equity (As % Of Assets) %                                               17.1 16.7 18.2 20.9 22.0    
Loans (As % Of Deposits) %                                               121 116 108 114 118    
Loans (As % Assets) %                                               71.7 69.0 66.4 67.5 67.6    
NPLs (As % Of Loans) % ... ... ... ... ... ... ...                                 3.11 4.03 5.38 5.38 5.05    
Provisions (As % Of NPLs) % ... ... ... ... ... ... ...                                 77.0 70.4 64.3 69.3 67.7    
Provisions (As % Of Loans) %                                               2.45 2.92 3.58 3.88 3.54    
Cost of Provisions (As % Of Loans) % ...                                             2.73 2.98 3.91 3.66 2.95    
other data Unit 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
other data                                                            
Branches ... ... ... ... ... ... ... ...         ... ...                   1,697 1,413 1,290 1,235 992    
Employees ... ... ... ...                                       46,976 42,477 35,606 31,950 29,628    
Sight (As % Of Customer Deposits) %                                               18.1 18.7 13.8 14.4 14.4    
Risk-Weighted Assets IDR bil ... ... ... ... ... ... ... ... ... ... ... ... ...                     155,140 164,294 158,766 154,090 157,002    
Return on Loans %                                               3.30 1.95 1.84 2.20 3.09    
Operating Profit (As % of Loans) % ...                                             7.59 6.28 7.16 8.02 7.92    
Costs (As % Of Loans) % ...                                             8.04 7.52 6.89 7.20 7.62    
Equity (As % Of Loans) %                                               23.9 24.2 27.4 30.9 32.5    

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Bank Danamon's price/earnings (P/E) fell 76.6% yoy to 6.20 in 4Q2019

By Helgi Library - March 3, 2020

Bank Danamon stock traded at IDR 3,950 per share at the end fourth quarter of 2019 implying a market capitalization of USD 2,788 mil. Since the end of 4Q2014, the stock has depreciated by -12.7 % implying an annual average growth of -2.68 %. In absolute terms, the val...

Bank Danamon's customer deposits fell 10.4% yoy to IDR 102,200 bil in 3Q2016

By Helgi Library - March 3, 2020

Bank Danamon's customer deposits reached IDR 102,200 bil in 2016-09-30, down 2.16% compared to the previous year. Indonesian banking sector accepted customer deposits of IDR 4,301,214 bil in 2016-09-30, up 0.514% when compared to the last year. Bank Danam...

Bank Danamon's market capitalisation (end of period) fell 44.8% yoy to USD 2,788 mil in 4Q2019

By Helgi Library - March 4, 2020

Bank Danamon stock traded at IDR 3,950 per share at the end of fourth quarter of 2019 implying a market capitalization of USD 2,788 mil. Over the last five years, the stock has depreciated by 12.7 implying an annual average growth of -2.68% In absolute te...

Bank Danamon's net interest income rose 12.7% yoy to IDR 4,014 bil in 4Q2019

By Helgi Library - March 3, 2020

Bank Danamon generated total banking revenues of IDR 4,974 bil in the fourth quarter of 2019, up 9.67% when compared to the same period of last year and 9.27% when compared to the previous quarter. Historically, the bank’s revenues containing of interest, ...

Bank Danamon's capital adequacy ratio rose 8.72% yoy to 24.2% in 4Q2019

By Helgi Library - March 3, 2020

Bank Danamon's capital adequacy ratio reached 24.2% at the end of fourth quarter of 2019, up from when compared to the previous quarter. Historically, the bank’s capital ratio hit an all time high of 37.5% in 1Q2014 and an all time low of 15.0% in 1Q2009. Th...

Bank Danamon's corporate loans rose 2.63% yoy to IDR 79,502 bil in 4Q2019

By Helgi Library - March 3, 2020

Bank Danamon's loans reached IDR 141,460 bil in the fourth quarter of 2019, up from IDR 140,908 bil when compared to the previous quarter and up from IDR 134,519 bil when compared to the same period of last year. Historically, the bank’s loans reach...

Bank Danamon's equity (as % of assets) rose 4.50% yoy to 23.5% in 4Q2019

By Helgi Library - March 3, 2020

Bank Danamon's Equity reached 23.5% of total assets in the 4Q2019, up from 22.5% for the previous year. As a share of net customer loans, the ratio amounted to 33.2% at the end of the fourth quarter of 2019. ...

Bank Danamon's retail loan growth fell 33.1% yoy to 8.58% in 4Q2019

By Helgi Library - March 3, 2020

Bank Danamon's retail loans reached IDR 60,223 bil at the end of 2019-12-31, up 1.59% compared to the previous year. In the last decade, the average annual loan growth amounted to 0%. Overall, retail loans accounted for 44.0% of the bank's loan book at the ...

Bank Danamon's customer loan growth fell 36.5% yoy to 5.09% in 4Q2019

By Helgi Library - March 3, 2020

Bank Danamon's customer loan growth reached 5.09% in 2019-12-31, down from 8.02% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 61.5% in 2005-03-31 and an all time low of -9.47% in 2016-09-30. In the last ...

Bank Danamon's npls (as % of loans) rose 1.34% yoy to 5.14% in 2019

By Helgi Library - March 5, 2020

Bank Danamon's non-performing loans reached 5.14% of total loans at the end of 2019, up from 5.07% compared to the previous year. Historically, the NPL ratio hit an all time high of 66.1% in 1998 and an all time low of 1.04% in 1997. Provision coverage amou...

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