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Bank Permata

Bank Permata's market capitalisation (end of period) rose 111% yoy to USD 2,562 mil in 4Q2019

By Helgi Library - March 4, 2020

Bank Permata stock traded at IDR 1,265 per share at the end of fourth quarter of 2019 implying a market capitalization of USD 2,562 ...

Bank Permata's npls (as % of loans) fell 57.3% yoy to 5.68% in 4Q2019

By Helgi Library - March 4, 2020

Bank Permata's non-performing loans reached 5.68% of total loans at the end of 2019-12-31, down from 13.3% compared to the previo...

Bank Permata's net profit rose 0.167% yoy to IDR 408 bil in 4Q2019

By Helgi Library - March 3, 2020

Bank Permata made a net profit of IDR 408 bil under revenues of IDR 2,225 bil in the fourth quarter of 2019, up 0.167% and 17...

Profit Statement 2017 2018 2019
Net Interest Income IDR bil 5,224 5,400 5,721
Net Fee Income IDR bil ... ... 1,119
Other Income IDR bil ... ... 993
Total Revenues IDR bil 8,340 7,275 7,832
Staff Cost IDR bil 2,342 2,380 2,501
Operating Profit IDR bil 3,898 2,806 3,094
Provisions IDR bil 3,157 1,784 1,031
Net Profit IDR bil 748 900 1,500
Balance Sheet 2017 2018 2019
Interbank Loans IDR bil 8,447 13,324 18,580
Customer Loans IDR bil 90,021 99,210 105,082
Total Assets IDR bil 148,328 152,893 161,451
Shareholders' Equity IDR bil 21,511 22,452 24,037
Interbank Borrowing IDR bil 5,059 4,699 9,268
Customer Deposits IDR bil 111,288 118,135 123,185
Issued Debt Securities IDR bil 4,219 2,677 812
Ratios 2017 2018 2019
ROE % 3.67 4.10 6.45
ROA % 0.477 0.598 0.955
Costs (As % Of Assets) % 2.83 2.97 3.01
Costs (As % Of Income) % 53.3 61.4 60.5
Capital Adequacy Ratio % 18.1 19.4 ...
Net Interest Margin % 3.33 3.59 3.64
Loans (As % Of Deposits) % 80.9 84.0 85.3
NPLs (As % Of Loans) % 14.0 13.3 5.68
Provisions (As % Of NPLs) % 62.2 57.4 63.9
Valuation 2017 2018 2019
Price/Earnings (P/E) 21.4 19.5 23.6
Price/Book Value (P/BV) 0.743 0.781 1.48
Dividend Yield % 0 0 ...
Earnings Per Share (EPS) IDR 29.3 32.1 53.5
Book Value Per Share IDR 842 801 857
Dividend Per Share IDR 0 0 ...

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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                                               5,136 5,413 6,197 5,883 5,224    
Total Revenues IDR bil                                               6,390 7,244 8,108 7,916 8,340    
Operating Profit IDR bil                                               2,499 3,026 3,380 3,338 3,898    
Net Profit IDR bil                                               1,726 1,588 247 -6,483 748    
balance sheet                                                            
Interbank Loans IDR bil                                               6,578 2,676 9,301 13,143 8,447    
Customer Loans IDR bil                                               122,719 131,388 125,868 94,783 90,021    
Debt Securities IDR bil                                               12,420 20,764 17,899 29,281 23,926    
Total Assets IDR bil                                               165,834 185,354 182,689 165,528 148,328    
Shareholders' Equity IDR bil                                               14,127 17,083 18,813 19,290 21,511    
Interbank Borrowing IDR bil                                               3,321 3,579 2,994 2,662 5,059    
Customer Deposits IDR bil                                               133,075 148,006 145,461 130,303 111,288    
Issued Debt Securities IDR bil                                               7,020 7,759 7,905 6,527 4,219    
ratios                                                            
ROE % ...                                             13.0 10.2 1.38 -34.0 3.67    
ROA % ...                                             1.16 0.904 0.134 -3.72 0.477    
Costs (As % Of Assets) % ...                                             2.61 2.40 2.57 2.63 2.83    
Costs (As % Of Income) %                                               60.9 58.2 58.3 57.8 53.3    
Capital Adequacy Ratio % ... ... ... ... ... ... ...                                 14.5 15.2 15.2 15.9 18.1   ...
Net Interest Margin % ...                                             3.45 3.08 3.37 3.38 3.33    
Interest Income (As % Of Revenues) %                                               80.4 74.7 76.4 74.3 62.6    
Fee Income (As % Of Revenues) %                                       ... ...     15.1 16.6 ... ... ... ...  
Staff Cost (As % Of Total Cost) %                                               53.8 53.8 47.0 49.0 52.7    
Equity (As % Of Assets) %                                               8.52 9.22 10.3 11.7 14.5    
Loans (As % Of Deposits) %                                               92.2 88.8 86.5 72.7 80.9    
Loans (As % Assets) %                                               74.0 70.9 68.9 57.3 60.7    
NPLs (As % Of Loans) % ... ... ... ... ... ... ... ...                               1.78 1.62 8.14 20.3 14.0    
Provisions (As % Of NPLs) % ... ... ... ... ... ... ... ...                               63.4 92.7 34.3 53.8 62.2    
valuation                                                            
Market Capitalisation (End Of Period) USD mil ... ...                                           1,105 1,439 810 916 1,290    
Number Of Shares (Average) mil ... ... ... ... ... ... ... ... ... ... ... ... ... ...   ... ... ... ...         12,169 13,466 13,545 18,225 25,559    
Share Price (End Of Period) IDR ... ...                                           1,105 1,320 829 536 625    
Earnings Per Share (EPS) IDR ... ... ... ... ...                     ... ... ... ...         142 118 18.4 -356 29.3    
Book Value Per Share IDR ... ... ... ... ... ... ... ... ... ... ... ... ... ...   ... ... ... ...         1,161 1,269 1,389 1,058 842    
Dividend Per Share IDR ... ... ... ...                     ...                 12.7 12.3 0 0 0   ...
Price/Earnings (P/E) ... ... ... ... ...       ... ... ...   ...     ... ... ... ...         7.79 11.2 45.0 ... 21.4    
Price/Book Value (P/BV) ... ... ... ... ... ... ... ... ... ... ... ... ... ...   ... ... ... ...         0.952 1.04 0.597 0.506 0.743    
Dividend Yield % ... ... ... ...                     ...                 1.15 0.931 0 0 0   ...
Earnings Per Share Growth % ... ... ... ... ... ...                   ... ... ... ... ...       8.01 -17.1 -84.3 -2,031 -108    
Book Value Per Share Growth % ...                                             -3.51 9.28 9.48 -23.8 -20.5    
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                                               11,927 15,530 16,131 14,399 11,198    
Interest Cost IDR bil                                               6,791 10,117 9,934 8,515 5,974    
Net Interest Income IDR bil                                               5,136 5,413 6,197 5,883 5,224    
Net Fee Income IDR bil                                       ... ...     967 1,206 ... ... ... ...  
Other Income IDR bil                                       ... ...     288 626 ... ... ... ...  
Total Revenues IDR bil                                               6,390 7,244 8,108 7,916 8,340    
Staff Cost IDR bil                                               2,093 2,269 2,224 2,241 2,342    
Operating Cost IDR bil                                               3,891 4,218 4,727 4,578 4,442    
Operating Profit IDR bil                                               2,499 3,026 3,380 3,338 3,898    
Provisions IDR bil                                               500 1,155 3,329 12,446 3,157    
Extra and Other Cost IDR bil                                               -302 -176 -242 -473 -210    
Pre-Tax Profit IDR bil                                               2,302 2,047 294 -8,634 951    
Tax IDR bil                                               576 460 46.4 -2,151 203    
Minorities IDR bil                                               0 -0.001 0 0 0    
Net Profit IDR bil                                               1,726 1,588 247 -6,483 748    
Dividends IDR bil                             ...                 173 166 0 0 0   ...
growth rates                                                            
Net Interest Income Growth % ...                                             6.80 5.39 14.5 -5.06 -11.2    
Net Fee Income Growth % ...                                     ... ... ...   9.47 24.7 ... ... ... ... ...
Total Revenue Growth % ...                                             7.53 13.4 11.9 -2.36 5.35    
Operating Cost Growth % ...                                             7.19 8.40 12.1 -3.16 -2.96    
Operating Profit Growth % ...                                             8.07 21.1 11.7 -1.24 16.8    
Pre-Tax Profit Growth % ...                                             21.9 -11.0 -85.7 -3,041 -111    
Net Profit Growth % ...                                             26.1 -8.00 -84.4 -2,724 -112    
market share                                                            
Market Share in Revenues % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                 1.81 1.82 1.85 1.57 1.61 ... ...
Market Share in Net Profit % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...                 1.55 1.39 0.249 ... 0.582 ... ...
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                                               14,048 15,869 14,847 12,612 10,482    
Interbank Loans IDR bil                                               6,578 2,676 9,301 13,143 8,447    
Customer Loans IDR bil                                               122,719 131,388 125,868 94,783 90,021    
Retail Loans IDR bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...         22,476 23,100 21,542 19,255 19,272    
Corporate Loans IDR bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...     ... ... ... ... ... 64,602 56,640    
Debt Securities IDR bil                                               12,420 20,764 17,899 29,281 23,926    
Fixed Assets IDR bil                                               1,093 1,129 2,724 2,554 2,461    
Intangible Assets IDR bil ... ... ... ... ... ... ...                                 282 378 389 413 485    
Goodwill IDR bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...     ...   0 0 0 0 113    
Total Assets IDR bil                                               165,834 185,354 182,689 165,528 148,328    
Shareholders' Equity IDR bil                                               14,127 17,083 18,813 19,290 21,511    
Of Which Minority Interest IDR bil                                               0.010 0.009 0.009 0.009 0.009    
Liabilities IDR bil                                               151,707 168,271 163,876 146,238 126,818    
Interbank Borrowing IDR bil                                               3,321 3,579 2,994 2,662 5,059    
Customer Deposits IDR bil                                               133,075 148,006 145,461 130,303 111,288    
Sight Deposits IDR bil                                               25,300 26,679 29,595 31,334 30,035    
Term Deposits IDR bil                                               107,775 121,326 115,866 98,968 81,253    
Issued Debt Securities IDR bil                                               7,020 7,759 7,905 6,527 4,219    
Subordinated Debt IDR bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...               7,020 7,759 7,905 6,527 6,532    
Other Liabilities IDR bil                                               8,291 8,927 7,517 6,747 6,252    
asset quality                                                            
Non-Performing Loans IDR bil ... ... ... ... ... ... ... ...                               2,211 2,163 10,543 21,558 13,820    
Gross Loans IDR bil                                               124,122 133,394 129,487 106,372 98,615    
Total Provisions IDR bil                                               1,403 2,006 3,619 11,590 8,594    
growth rates                                                            
Customer Loan Growth % ...                                             31.0 7.06 -4.20 -24.7 -5.02    
Retail Loan Growth % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...       10.4 2.78 -6.75 -10.6 0.087    
Corporate Loan Growth % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...   ... ... ... ... ... ... -12.3    
Total Asset Growth % ...                                             25.8 11.8 -1.44 -9.39 -10.4    
Shareholders' Equity Growth % ...                                             13.1 20.9 10.1 2.53 11.5    
Customer Deposit Growth % ...                                             26.8 11.2 -1.72 -10.4 -14.6    
market share                                                            
Market Share in Customer Loans % ... ... ... ... ... ... ... ... ... ... ... ... ... ...                   3.58 3.47 3.08 2.18 1.90 ... ...
Market Share in Corporate Loans % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...     ... ... ... ... ... 3.07 2.51 ... ...
Market Share in Consumer Loans % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...       2.40 1.39 1.21 0.875 0.821 ... ...
Market Share in Total Assets %                                               3.36 3.31 2.99 2.50 2.04 ... ...
Market Share in Customer Deposits %                                               3.90 3.90 3.57 2.88 2.26 ... ...
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 % ...                                             13.0 10.2 1.38 -34.0 3.67    
ROA % ...                                             1.16 0.904 0.134 -3.72 0.477    
Costs (As % Of Assets) % ...                                             2.61 2.40 2.57 2.63 2.83    
Costs (As % Of Income) %                                               60.9 58.2 58.3 57.8 53.3    
Capital Adequacy Ratio % ... ... ... ... ... ... ...                                 14.5 15.2 15.2 15.9 18.1   ...
Tier 1 Ratio % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...   ... ... ...     ...   9.24 10.9 10.9 12.1 15.2   ...
Net Interest Margin % ...                                             3.45 3.08 3.37 3.38 3.33    
Interest Spread % ...                                             3.00 2.52 2.78 2.78 2.76    
Asset Yield % ...                                             8.01 8.84 8.77 8.27 7.14    
Cost Of Liabilities % ...                                             5.01 6.32 5.98 5.49 4.38    
Payout Ratio %                             ...                 10.0 10.5 0 0 0   ...
Interest Income (As % Of Revenues) %                                               80.4 74.7 76.4 74.3 62.6    
Fee Income (As % Of Revenues) %                                       ... ...     15.1 16.6 ... ... ... ...  
Other Income (As % Of Revenues) %                                       ... ...     4.50 8.64 ... ... ... ...  
Cost Per Employee USD per month ... ... ... ... ... ... ... ... ...                             2,167 1,958 1,793 1,829 1,918    
Cost Per Employee (Local Currency) IDR per month ... ... ... ... ... ... ... ... ...                             22,576,900 24,038,300 23,478,400 24,904,800 25,871,900    
Staff Cost (As % Of Total Cost) %                                               53.8 53.8 47.0 49.0 52.7    
Equity (As % Of Assets) %                                               8.52 9.22 10.3 11.7 14.5    
Loans (As % Of Deposits) %                                               92.2 88.8 86.5 72.7 80.9    
Loans (As % Assets) %                                               74.0 70.9 68.9 57.3 60.7    
NPLs (As % Of Loans) % ... ... ... ... ... ... ... ...                               1.78 1.62 8.14 20.3 14.0    
Provisions (As % Of NPLs) % ... ... ... ... ... ... ... ...                               63.4 92.7 34.3 53.8 62.2    
Provisions (As % Of Loans) %                                               1.14 1.53 2.88 12.2 9.55    
Cost of Provisions (As % Of Loans) % ...                                             0.462 0.909 2.59 11.3 3.42    
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 ... ... ... ... ... ... ... ... ... ...                           1,511 638 661 671 654   ...
Employees ... ... ... ... ... ... ... ... ...                             7,726 7,866 7,892 7,499 7,542    
ATMs ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...   ...
Sight (As % Of Customer Deposits) %                                               19.0 18.0 20.3 24.0 27.0    
Risk-Weighted Assets IDR bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...     ...           127,401 142,769 142,769 115,311 105,787   ...
Return on Loans %                                               1.59 1.25 0.192 -5.88 0.810    
Operating Profit (As % of Loans) % ...                                             2.31 2.38 2.63 3.03 4.22    
Costs (As % Of Loans) % ...                                             3.60 3.32 3.68 4.15 4.81    
Equity (As % Of Loans) %                                               11.5 13.0 14.9 20.4 23.9    

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Bank Permata's net interest margin rose 11.6% yoy to 4.08% in 4Q2019

By Helgi Library - March 3, 2020

Bank Permata's net interest margin amounted to 4.08% in the fourth quarter of 2019, up from 3.71% when compared to the previous quarter. Historically, the bank’s net interest margin reached an all time high of 5.34% in 1Q2007 and an all time low of 2.92...

Bank Permata's price/earnings (P/E) rose 102% yoy to 21.8 in 4Q2019

By Helgi Library - March 3, 2020

Bank Permata stock traded at IDR 1,265 per share at the end fourth quarter of 2019 implying a market capitalization of USD 2,562 mil. Since the end of 4Q2014, the stock has depreciated by -4.17 % implying an annual average growth of -0.848 %. In absolute terms, the va...

Bank Permata's customer deposits fell 13.6% yoy to IDR 130,326 bil in 3Q2016

By Helgi Library - March 3, 2020

Bank Permata's customer deposits reached IDR 130,326 bil in 2016-09-30, down 6.32% 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 Perma...

Bank Permata's net interest income rose 14.4% yoy to IDR 1,614 bil in 4Q2019

By Helgi Library - March 4, 2020

Bank Permata generated total banking revenues of IDR 2,225 bil in the fourth quarter of 2019, up 17.7% when compared to the same period of last year and 14.5% when compared to the previous quarter. Historically, the bank’s revenues containing of interest, ...

Bank Permata's equity (as % of assets) rose 1.39% yoy to 14.9% in 4Q2019

By Helgi Library - March 3, 2020

Bank Permata's Equity reached 14.9% of total assets in the 4Q2019, up from 14.7% for the previous year. As a share of net customer loans, the ratio amounted to 22.9% at the end of the fourth quarter of 2019. ...

Bank Permata's customer loan growth fell 42.0% yoy to 5.92% in 4Q2019

By Helgi Library - March 3, 2020

Bank Permata's customer loan growth reached 5.92% in 2019-12-31, down from 10.2% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 66.3% in 2005-09-30 and an all time low of -25.9% in 2017-03-31. In the last ...

Bank Permata's net profit rose 66.7% yoy to IDR 1,500 bil in 2019

By Helgi Library - March 3, 2020

Bank Permata made a net profit of IDR 1,500 bil under revenues of IDR 7,832 bil in 2019, up 66.7% and 7.66% respectively compared to the previous year. Historically, the bank’s net profit reached an all time high of IDR 1,726 bil in 2013 and an all time low of IDR -6...

Bank Permata's npls (as % of loans) fell 57.3% yoy to 5.68% in 2019

By Helgi Library - March 3, 2020

Bank Permata's non-performing loans reached 5.68% of total loans at the end of 2019, down from 13.3% compared to the previous year. Historically, the NPL ratio hit an all time high of 67.9% in 1999 and an all time low of 1.62% in 2014. Provision coverage am...

Bank Permata's net interest margin rose 1.52% yoy to 3.64% in 2019

By Helgi Library - March 3, 2020

Bank Permata's net interest margin amounted to 3.64% in 2019, up from 3.59% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 5.08% in 1992 and an all time low of -5.61% in 1999. The average margin i...

Bank Permata's price/earnings (P/E) rose 21.4% yoy to 23.6 in 2019

By Helgi Library - March 3, 2020

Bank Permata stock traded at IDR 1,265 per share at the end 2019 implying a market capitalization of USD 2,562 mil. Since the end of 2014, the stock has depreciated by -4.17 % implying an annual average growth of -0.848 %. In absolute terms, the value of the company ...

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