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Bank OCBC Nisp

Bank OCBC Nisp's npls (as % of loans) rose 38.9% yoy to 6.65% in 4Q2019

By Helgi Library - March 4, 2020

Bank OCBC Nisp's non-performing loans reached 6.65% of total loans at the end of 2019-12-31, up from 4.78% compared to the previo...

Bank OCBC Nisp's net profit rose 19.3% yoy to IDR 721 bil in 4Q2019

By Helgi Library - March 4, 2020

Bank OCBC Nisp made a net profit of IDR 721 bil in the fourth quarter of 2019, up 19.3% when compared to the same period of last ...

Bank OCBC Nisp's customer deposits rose 4.57% yoy to IDR 95,363 bil in 3Q2016

By Helgi Library - March 4, 2020

Bank OCBC Nisp's customer deposits reached IDR 95,363 bil in 2016-09-30, up 3.03% compared to the previous year. Indonesian ban...

Profit Statement 2017 2018 2019
Net Interest Income IDR bil 6,039 6,378 6,439
Net Fee Income IDR bil 875 892 865
Other Income IDR bil 625 513 1,025
Total Revenues IDR bil 7,538 7,783 8,329
Staff Cost IDR bil 2,071 2,152 2,224
Operating Profit IDR bil 4,176 4,270 4,562
Provisions IDR bil 1,298 771 684
Net Profit IDR bil 2,176 2,637 2,940
Balance Sheet 2017 2018 2019
Interbank Loans IDR bil 5,535 5,658 13,660
Customer Loans IDR bil 102,190 113,491 114,437
Total Assets IDR bil 153,774 173,583 180,707
Shareholders' Equity IDR bil 21,784 24,428 27,665
Interbank Borrowing IDR bil 8,811 12,164 12,866
Customer Deposits IDR bil 113,441 125,560 126,122
Issued Debt Securities IDR bil 2,316 3,187 2,997
Ratios 2017 2018 2019
ROE % 10.5 11.4 11.3
ROA % 1.49 1.61 1.66
Costs (As % Of Assets) % 2.30 2.15 2.13
Costs (As % Of Income) % 44.6 45.1 45.2
Capital Adequacy Ratio % 17.5 17.6 19.2
Net Interest Margin % 4.14 3.90 3.63
Loans (As % Of Deposits) % 90.1 90.4 90.7
NPLs (As % Of Loans) % 4.58 4.78 6.65
Provisions (As % Of NPLs) % 85.4 77.1 58.3
Valuation 2017 2018 2019
Price/Earnings (P/E) 9.89 7.44 6.59
Price/Book Value (P/BV) 0.988 0.803 0.701
Dividend Yield % 0 ... ...
Earnings Per Share (EPS) IDR 94.8 115 128
Book Value Per Share IDR 949 1,065 1,206
Dividend Per Share IDR 0 ... ...

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summary Unit 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                                         3,139 3,745 4,419 5,393 6,039    
Total Revenues IDR bil                                         4,020 4,483 5,277 6,806 7,538    
Operating Profit IDR bil                                         1,843 1,995 2,459 3,655 4,176    
Net Profit IDR bil                                         1,143 1,332 1,501 1,790 2,176    
balance sheet                                                      
Interbank Loans IDR bil                                         5,455 5,160 9,957 3,928 5,535    
Customer Loans IDR bil                                         62,707 66,934 84,041 90,248 102,190    
Debt Securities IDR bil                                         16,256 18,024 11,999 26,720 26,813    
Total Assets IDR bil                                         97,525 103,111 120,480 138,196 153,774    
Shareholders' Equity IDR bil                                         13,497 14,943 16,411 19,507 21,784    
Interbank Borrowing IDR bil                                         4,614 6,255 7,727 5,358 8,811    
Customer Deposits IDR bil                                         68,937 72,805 87,280 103,560 113,441    
Issued Debt Securities IDR bil                                         3,790 3,268 2,779 3,273 2,316    
ratios                                                      
ROE % ...                                       10.2 9.37 9.57 9.97 10.5    
ROA % ...                                       1.29 1.33 1.34 1.38 1.49    
Costs (As % Of Assets) % ...                                       2.46 2.48 2.52 2.44 2.30    
Costs (As % Of Income) %                                         54.2 55.5 53.4 46.3 44.6    
Capital Adequacy Ratio % ... ... ... ... ...                               19.3 20.4 16.1 18.3 17.5    
Net Interest Margin % ...                                       3.55 3.73 3.95 4.17 4.14    
Interest Income (As % Of Revenues) %                                         78.1 83.5 83.7 79.2 80.1    
Fee Income (As % Of Revenues) %                                       ... ... ... ... ... 11.6    
Staff Cost (As % Of Total Cost) % ... ... ... ...                                 62.4 59.0 60.5 60.5 61.6    
Equity (As % Of Assets) %                                         13.8 14.5 13.6 14.1 14.2    
Loans (As % Of Deposits) %                                         91.0 91.9 96.3 87.1 90.1    
Loans (As % Assets) %                                         64.3 64.9 69.8 65.3 66.5    
NPLs (As % Of Loans) % ... ... ... ...                                 1.02 1.69 3.41 4.71 4.58    
Provisions (As % Of NPLs) % ... ... ... ...                                 194 124 62.8 70.8 85.4    
valuation                                                      
Market Capitalisation (End Of Period) USD mil ...                                       1,160 1,255 1,056 1,754 1,583    
Number Of Shares (Average) mil ... ... ... ... ... ... ... ... ...       ... ... ... ... ...       17,731 22,945 22,945 22,945 22,945    
Share Price (End Of Period) IDR ...                                       615 680 638 1,035 938    
Earnings Per Share (EPS) IDR ... ... ... ... ... ... ... ... ...       ... ... ... ... ...       64.4 58.1 65.4 78.0 94.8    
Book Value Per Share IDR ... ... ... ... ... ... ... ... ...       ... ... ... ... ...       761 651 715 850 949    
Dividend Per Share IDR ... ...                                     0 ... 0 0 0 ... ...
Price/Earnings (P/E) ... ... ... ... ... ... ... ... ...       ... ... ... ... ...       9.54 11.7 9.75 13.3 9.89    
Price/Book Value (P/BV) ... ... ... ... ... ... ... ... ...       ... ... ... ... ...       0.808 1.04 0.892 1.22 0.988    
Dividend Yield % ... ...                                     0 ... 0 0 0 ... ...
Earnings Per Share Growth % ... ... ... ... ... ... ... ... ... ...     ... ... ... ... ... ...     11.5 -9.91 12.7 19.3 21.6    
Book Value Per Share Growth % ...                                       34.6 -14.4 9.82 18.9 11.7    
income statement Unit 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                                         6,149 7,908 9,221 10,204 11,037    
Interest Cost IDR bil                                         3,010 4,163 4,802 4,811 4,998    
Net Interest Income IDR bil                                         3,139 3,745 4,419 5,393 6,039    
Net Fee Income IDR bil                                       ... ... ... ... ... 875    
Other Income IDR bil                                       ... ... ... ... ... 625    
Total Revenues IDR bil                                         4,020 4,483 5,277 6,806 7,538    
Staff Cost IDR bil ... ... ... ...                                 1,358 1,469 1,706 1,907 2,071    
Depreciation IDR bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...   ... ... ... ... ... 170    
Other Cost IDR bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...   ... ... ... ... ... 1,122    
Operating Cost IDR bil                                         2,177 2,488 2,818 3,151 3,363    
Operating Profit IDR bil                                         1,843 1,995 2,459 3,655 4,176    
Provisions IDR bil                                         299 218 458 1,314 1,298    
Extra and Other Cost IDR bil                                         14.1 -0.004 -0.574 -9.73 -0.171    
Pre-Tax Profit IDR bil                                         1,530 1,777 2,001 2,351 2,878    
Tax IDR bil                                         387 445 501 561 702    
Minorities IDR bil                                         0 0 0 0 0   ...
Net Profit IDR bil                                         1,143 1,332 1,501 1,790 2,176    
Dividends IDR bil                                         0 ... 0 0 0 ... ...
growth rates                                                      
Net Interest Income Growth % ...                                       22.3 19.3 18.0 22.1 12.0    
Net Fee Income Growth % ...                                     ... ... ... ... ... ...    
Total Revenue Growth % ...                                       18.1 11.5 17.7 29.0 10.8    
Operating Cost Growth % ...                                       12.6 14.3 13.2 11.8 6.73    
Operating Profit Growth % ...                                       25.4 8.26 23.3 48.6 14.3    
Pre-Tax Profit Growth % ...                                       25.2 16.1 12.6 17.5 22.4    
Net Profit Growth % ...                                       24.8 16.6 12.7 19.3 21.6    
market share                                                      
Market Share in Revenues % ... ... ... ... ... ... ... ... ... ... ... ...                 1.14 1.13 1.20 1.35 1.46 ... ...
Market Share in Net Profit % ... ... ... ... ... ... ... ... ... ... ... ...                 1.02 1.17 1.51 1.89 1.69 ... ...
Market Share in Branches % ... ... ... ... ... ... ... ... ...                       ... ... ... ... ... ... ...
balance sheet Unit 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                                         7,549 7,806 8,740 8,900 9,896    
Interbank Loans IDR bil                                         5,455 5,160 9,957 3,928 5,535    
Customer Loans IDR bil                                         62,707 66,934 84,041 90,248 102,190    
Retail Loans IDR bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...         12,405 11,121 11,598 13,287 14,167    
Corporate Loans IDR bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 80,075 92,183    
Debt Securities IDR bil                                         16,256 18,024 11,999 26,720 26,813    
Fixed Assets IDR bil                                         838 987 1,077 2,414 2,446    
Intangible Assets IDR bil ... ... ... ...                                 0 0 0 0 0    
Goodwill IDR bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...   0 0 0 0 0    
Total Assets IDR bil                                         97,525 103,111 120,480 138,196 153,774    
Shareholders' Equity IDR bil                                         13,497 14,943 16,411 19,507 21,784    
Of Which Minority Interest IDR bil                                         0 0 0 0 0    
Liabilities IDR bil                                         84,028 88,168 104,069 118,690 131,990    
Interbank Borrowing IDR bil                                         4,614 6,255 7,727 5,358 8,811    
Customer Deposits IDR bil                                         68,937 72,805 87,280 103,560 113,441    
Sight Deposits IDR bil                                         15,991 14,025 22,506 24,512 26,138    
Term Deposits IDR bil                                         52,946 58,780 64,774 79,048 87,303    
Issued Debt Securities IDR bil                                         3,790 3,268 2,779 3,273 2,316    
Subordinated Debt IDR bil ... ... ... ... ... ... ... ... ... ... ... ... ... ...             876 877 878 879 0    
Other Liabilities IDR bil                                         6,688 5,839 6,283 6,499 7,422    
asset quality                                                      
Non-Performing Loans IDR bil ... ... ... ...                                 651 1,157 2,929 4,397 4,872    
Gross Loans IDR bil                                         63,967 68,363 85,879 93,363 106,349    
Total Provisions IDR bil                                         1,261 1,430 1,838 3,115 4,160    
growth rates                                                      
Customer Loan Growth % ...                                       20.9 6.74 25.6 7.39 13.2    
Retail Loan Growth % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...       -2.03 -10.3 4.28 14.6 6.62    
Corporate Loan Growth % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 15.1    
Total Asset Growth % ...                                       23.2 5.73 16.8 14.7 11.3    
Shareholders' Equity Growth % ...                                       50.8 10.7 9.82 18.9 11.7    
Customer Deposit Growth % ...                                       13.5 5.61 19.9 18.7 9.54    
market share                                                      
Market Share in Customer Loans % ... ... ... ... ... ... ... ... ... ... ...                   1.83 1.77 2.05 2.07 2.16 ... ...
Market Share in Corporate Loans % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 3.81 4.08 ... ...
Market Share in Consumer Loans % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...       1.33 0.672 0.650 0.604 0.603 ... ...
Market Share in Total Assets %                                         1.97 1.84 1.97 2.08 2.11 ... ...
Market Share in Customer Deposits %                                         2.02 1.92 2.14 2.29 2.31 ... ...
ratios Unit 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 % ...                                       10.2 9.37 9.57 9.97 10.5    
ROA % ...                                       1.29 1.33 1.34 1.38 1.49    
Costs (As % Of Assets) % ...                                       2.46 2.48 2.52 2.44 2.30    
Costs (As % Of Income) %                                         54.2 55.5 53.4 46.3 44.6    
Capital Adequacy Ratio % ... ... ... ... ...                               19.3 20.4 16.1 18.3 17.5    
Tier 1 Ratio % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...         21.0 20.8 16.1 17.2 16.6    
Net Interest Margin % ...                                       3.55 3.73 3.95 4.17 4.14    
Interest Spread % ...                                       3.06 3.05 3.25 3.57 3.57    
Asset Yield % ...                                       6.96 7.88 8.25 7.89 7.56    
Cost Of Liabilities % ...                                       3.90 4.84 5.00 4.32 3.99    
Payout Ratio %                                         0 ... 0 0 0 ... ...
Interest Income (As % Of Revenues) %                                         78.1 83.5 83.7 79.2 80.1    
Fee Income (As % Of Revenues) %                                       ... ... ... ... ... 11.6    
Other Income (As % Of Revenues) %                                       ... ... ... ... ... 8.29    
Cost Per Employee USD per month ... ... ... ... ... ... ...                           1,612 1,498 1,569 1,717 1,975    
Cost Per Employee (Local Currency) IDR per month ... ... ... ... ... ... ...                           16,801,300 18,393,500 20,535,600 23,377,900 26,647,800    
Staff Cost (As % Of Total Cost) % ... ... ... ...                                 62.4 59.0 60.5 60.5 61.6    
Equity (As % Of Assets) %                                         13.8 14.5 13.6 14.1 14.2    
Loans (As % Of Deposits) %                                         91.0 91.9 96.3 87.1 90.1    
Loans (As % Assets) %                                         64.3 64.9 69.8 65.3 66.5    
NPLs (As % Of Loans) % ... ... ... ...                                 1.02 1.69 3.41 4.71 4.58    
Provisions (As % Of NPLs) % ... ... ... ...                                 194 124 62.8 70.8 85.4    
Provisions (As % Of Loans) %                                         2.01 2.14 2.19 3.45 4.07    
Cost of Provisions (As % Of Loans) % ...                                       0.522 0.337 0.607 1.51 1.35    
other data Unit 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 ... ... ... ... ... ... ... ... ...                       338 336 338 339 337    
Employees         ... ... ...                           6,735 6,654 6,922 6,796 6,477    
Sight (As % Of Customer Deposits) %                                         23.2 19.3 25.8 23.7 23.0    
Risk-Weighted Assets IDR bil ... ... ... ... ... ... ... ... ... ... ... ... ... ...             74,035 81,968 100,983 111,059 128,164    
Return on Loans %                                         1.99 2.06 1.99 2.05 2.26    
Operating Profit (As % of Loans) % ...                                       3.22 3.08 3.26 4.19 4.34    
Costs (As % Of Loans) % ...                                       3.80 3.84 3.73 3.62 3.49    
Equity (As % Of Loans) %                                         21.5 22.3 19.5 21.6 21.3    

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Bank OCBC Nisp's market capitalisation (end of period) rose 2.97% yoy to USD 1,400 mil in 4Q2019

By Helgi Library - March 4, 2020

Bank OCBC Nisp stock traded at IDR 845 per share at the end of fourth quarter of 2019 implying a market capitalization of USD 1,400 mil. Over the last five years, the stock has appreciated by 24.3 implying an annual average growth of 4.44% In absolute ter...

Bank OCBC Nisp's net interest margin fell 1.12% yoy to 3.76% in 4Q2019

By Helgi Library - March 4, 2020

Bank OCBC Nisp's net interest margin amounted to 3.76% in the fourth quarter of 2019, up from 3.53% when compared to the previous quarter. Historically, the bank’s net interest margin reached an all time high of 7.03% in 4Q2009 and an all time low of 2....

Bank OCBC Nisp's price/earnings (P/E) fell 50.6% yoy to 6.72 in 4Q2019

By Helgi Library - March 4, 2020

Bank OCBC Nisp stock traded at IDR 845 per share at the end fourth quarter of 2019 implying a market capitalization of USD 1,400 mil. Since the end of 4Q2014, the stock has appreciated by 24.3 % implying an annual average growth of 4.44 %. In absolute terms, the value...

Bank OCBC Nisp's equity (as % of assets) rose 8.78% yoy to 15.3% in 4Q2019

By Helgi Library - March 4, 2020

Bank OCBC Nisp's Equity reached 15.3% of total assets in the 4Q2019, up from 14.1% for the previous year. As a share of net customer loans, the ratio amounted to 24.2% at the end of the fourth quarter of 2019. ...

Bank OCBC Nisp's customer loan growth fell 92.5% yoy to 0.833% in 4Q2019

By Helgi Library - March 4, 2020

Bank OCBC Nisp's customer loan growth reached 0.833% in 2019-12-31, down from 11.1% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 45.4% in 2011-03-31 and an all time low of -8.01% in 2009-06-30. In the la...

Bank OCBC Nisp's net profit rose 11.5% yoy to IDR 2,940 bil in 2019

By Helgi Library - March 4, 2020

Bank OCBC Nisp made a net profit of IDR 2,940 bil under revenues of IDR 8,329 bil in 2019, up 11.5% and 7.01% respectively compared to the previous year. Historically, the bank’s net profit reached an all time high of IDR 2,940 bil in 2019 and an all time low of IDR ...

Bank OCBC Nisp's costs (as % of assets) fell 0.931% yoy to 2.13% in 2019

By Helgi Library - March 4, 2020

Bank OCBC Nisp's cost to income ratio reached 45.2% in 2019, up from 45.1% compared to the previous year. Historically, the bank’s costs reached an all time high of 74.2% of income in 2005 and an all time low of 44.6% in 2017. When compared to total assets...

Bank OCBC Nisp's npls (as % of loans) rose 38.9% yoy to 6.65% in 2019

By Helgi Library - March 4, 2020

Bank OCBC Nisp's non-performing loans reached 6.65% of total loans at the end of 2019, up from 4.78% compared to the previous year. Historically, the NPL ratio hit an all time high of 14.8% in 1998 and an all time low of 1.02% in 2013. Provision coverage am...

Bank OCBC Nisp's net interest income rose 0.956% yoy to IDR 6,439 bil in 2019

By Helgi Library - March 4, 2020

Bank OCBC Nisp generated total banking revenues of IDR 8,329 bil in 2019, up 7.01% compared to the previous year. Historically, the bank’s revenues containing of interest, fee and other non-interest income reached an all time high of IDR 8,329 bil in 2019 and a...

Bank OCBC Nisp's price/earnings (P/E) fell 11.4% yoy to 6.59 in 2019

By Helgi Library - March 4, 2020

Bank OCBC Nisp stock traded at IDR 845 per share at the end 2019 implying a market capitalization of USD 1,400 mil. Since the end of 2014, the stock has appreciated by 24.3 % implying an annual average growth of 4.44 %. In absolute terms, the value of the company ...

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