Bank Rakyat Indonesia

Bank Rakyat Indonesia is a commercial banking company based in Indonesia. Co. specializes in small scale and microfinance style borrowing from and lending to its retail clients through its over 7,000 branches, units and rural service posts. Co.'s clients' services comprise Savings, Credits and Syariah. Co.'s operations are organized in three segments: Business Services, consisting of bank guarantees, bank clearance, automatic teller machines, export and import services, remittance and safe deposit boxes; Financial Services, consisting of bill payments, Cepebri, Inkaso, deposit acceptance, online transactions and transfers, and Other Services.
  • TickerBBRI
  • ISINID1000118201
  • ExchangeIndonesian Stock Exchange
  • SectorBanks
  • CountryIndonesia
UOB
Cherrie Tan Yue ...
  • Clement Ho Jia Xing
  • John Cheong Ming Chern
  • Jonathan Koh
  • Joohijit Kaur Jaztar Singh
  • Kader Farhan Bin Kader Ridzwan
  • Kong Ho Meng
  • Kowit Pongwinyoo
  • Lee Yuk Kei
  • Nicola Ho Fang Lin
  • Peerawat Dentananan
  • Raphon Prima
  • Tham Mun Hon
  • Thunya Sutavepramochanon

Regional Morning Notes - Friday, May 15, 2020

GREATER CHINA Strategy “New” Infrastructure: Expecting near-term boost to come from investments in intercity HSR, UHV and 5G. Sector IT Software: Tencent-backed payment firm to be listed. INDONESIA Results Bank Rakyat Indonesia (BBRI IJ/BUY/ Rp2,350/Target: Rp3,130): 1Q20: Flat earnings; expect 35% yoy fall in 2020 earnings. MALAYSIA Results Dialog Group (DLG MK/BUY/RM3.33/Target: RM3.72): 3QFY20: Results in line, JV outperformance offset by unexplained revenue weaknesses. Sole listed proxy to storage play and well diversified to cope with low oil prices and COVID-19 SP Setia (SPSB MK/...

UOB
Raphon Prima

Bank Rakyat Indonesia (BBRI IJ) - 1Q20: Flat Earnings; Expect 35% yoy Fall In 2020 Earnings

BBRI posted Rp8.2t net profit in 1Q20, flat yoy. The bank published its guidance for 2020, which led us to project a 35% yoy net profit decline for 2020 (previously 4% yoy growth). As of April, BBRI had restructured loans worth Rp101t, equivalent to 11% of total loans, on impact from the COVID-19 pandemic. Maintain BUY as valuation is already at a historical bottom. We cut our target price to Rp3,130 as we cut our 2020 net profit forecast by 37%.

UOB
Maskun Ramli ...
  • Raphon Prima

Indonesia Daily - Friday, May 15, 2020

Bank Rakyat Indonesia (BBRI IJ/BUY/ Rp2,350/Target: Rp3,130): 1Q20: Flat earnings; expect 35% yoy fall in 2020 earnings. TRADERS’ CORNER Charoen Pokphand Indonesia (CPIN IJ): Technical BUY Gudang Garam (GGRM IJ): Technical BUY

Bank Rakyat Indonesia (P.T.): Update following full-year 2019 results

Our credit view of Bank Rakyat Indonesia (P.T.), reflecting its strong profitability and capital, superior access to deposits, and our expectation of a very high level of government support.

UOB
Raphon Prima

Banking - Cheap Valuation Even After Factoring Stress Test Case Of 60-80% yoy Earnings Drop

We ran a stress test analysis on the Big 4 banks by assuming a significant drop in loan yield and jump in credit cost due to the COVID-19 outbreak. In this case, the Big 4 banks should post a 60-80% yoy drop in 2020 net profit but still remain above the 14% CAR ratio required by the authorities. Factoring the stress test results into valuations, SOE banks are now trading cheaply at around -1SD of the 15-year historical band. Banks have room to avoid a steep jump in credit cost by performing restructuring. Maintain OVERWEIGHT. Top picks: BBRI, BMRI, BBNI.

1 director bought

A director at Bank Rakyat Indonesia bought 415,700 shares at 4,307.000IDR and the significance rating of the trade was 74/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The n...

UOB
Cherrie Tan Yue ...
  • Clement Ho Jia Xing
  • John Cheong Ming Chern
  • Jonathan Koh
  • Joohijit Kaur Jaztar Singh
  • Kader Farhan Bin Kader Ridzwan
  • Kong Ho Meng
  • Kowit Pongwinyoo
  • Lee Yuk Kei
  • Nicola Ho Fang Lin
  • Peerawat Dentananan
  • Raphon Prima
  • Tham Mun Hon
  • Thunya Sutavepramochanon

Regional Morning Notes - Friday, May 15, 2020

GREATER CHINA Strategy “New” Infrastructure: Expecting near-term boost to come from investments in intercity HSR, UHV and 5G. Sector IT Software: Tencent-backed payment firm to be listed. INDONESIA Results Bank Rakyat Indonesia (BBRI IJ/BUY/ Rp2,350/Target: Rp3,130): 1Q20: Flat earnings; expect 35% yoy fall in 2020 earnings. MALAYSIA Results Dialog Group (DLG MK/BUY/RM3.33/Target: RM3.72): 3QFY20: Results in line, JV outperformance offset by unexplained revenue weaknesses. Sole listed proxy to storage play and well diversified to cope with low oil prices and COVID-19 SP Setia (SPSB MK/...

UOB
Raphon Prima

Bank Rakyat Indonesia (BBRI IJ) - 1Q20: Flat Earnings; Expect 35% yoy Fall In 2020 Earnings

BBRI posted Rp8.2t net profit in 1Q20, flat yoy. The bank published its guidance for 2020, which led us to project a 35% yoy net profit decline for 2020 (previously 4% yoy growth). As of April, BBRI had restructured loans worth Rp101t, equivalent to 11% of total loans, on impact from the COVID-19 pandemic. Maintain BUY as valuation is already at a historical bottom. We cut our target price to Rp3,130 as we cut our 2020 net profit forecast by 37%.

UOB
Maskun Ramli ...
  • Raphon Prima

Indonesia Daily - Friday, May 15, 2020

Bank Rakyat Indonesia (BBRI IJ/BUY/ Rp2,350/Target: Rp3,130): 1Q20: Flat earnings; expect 35% yoy fall in 2020 earnings. TRADERS’ CORNER Charoen Pokphand Indonesia (CPIN IJ): Technical BUY Gudang Garam (GGRM IJ): Technical BUY

UOB
Raphon Prima

Banking - Cheap Valuation Even After Factoring Stress Test Case Of 60-80% yoy Earnings Drop

We ran a stress test analysis on the Big 4 banks by assuming a significant drop in loan yield and jump in credit cost due to the COVID-19 outbreak. In this case, the Big 4 banks should post a 60-80% yoy drop in 2020 net profit but still remain above the 14% CAR ratio required by the authorities. Factoring the stress test results into valuations, SOE banks are now trading cheaply at around -1SD of the 15-year historical band. Banks have room to avoid a steep jump in credit cost by performing restructuring. Maintain OVERWEIGHT. Top picks: BBRI, BMRI, BBNI.

UOB
Maskun Ramli ...
  • Raphon Prima

Indonesia Daily - Wednesday, April 8, 2020

Banking: Cheap valuation even after factoring stress test case of 60-80% yoy earnings drop. TRADERS’ CORNER Bank Tabungan Pensiunan Nasional Syariah (BTPS IJ): Technical BUY Mitra Adiperkasa (MAPI IJ): Technical BUY

Bank Rakyat Indonesia (P.T.): Update following full-year 2019 results

Our credit view of Bank Rakyat Indonesia (P.T.), reflecting its strong profitability and capital, superior access to deposits, and our expectation of a very high level of government support.

Moody's announces completion of a periodic review of ratings of Bank Rakyat Indonesia (P.T.)

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Bank Rakyat Indonesia. Global Credit Research- 02 Oct 2019. Singapore, October 02, 2019-- Moody's Investors Service has completed a periodic review of the ratings of Bank Rakyat Indonesia and other ratings that are associated with the same analytical unit.

Bank Rakyat Indonesia (P.T.): Update to credit analysis

Our credit view of Bank Rakyat Indonesia (P.T.), reflecting its strong profitability, capital, funding and liquidity, and our expectation of a very high level of government support.

Bank Rakyat Indonesia (P.T.): Key Facts and Statistics - FYE December 2018

A summary company profile, detailing Bank Rakyat Indonesia (P.T.)’s business operations and financial highlights.

Bank Rakyat Indonesia (P.T.): Update following full-year results

Our credit view of Bank Rakyat Indonesia (P.T.), reflecting its strong profitability, capital, funding and liquidity, and our expectation of a very high level of government support.

BANK RAKYAT INDO.TERBUKA with less fundamental stars is reduced to Neutral

BANK RAKYAT INDO.TERBUKA (ID), a company active in the Money Center Banks industry, loses a star(s) at the fundamental level and sees its general evaluation downgraded. The independent financial analyst theScreener just removed a fundamental star(s) for a 3 over 4-star rating. As such, market behaviour remains unchanged and is evaluated as moderately risky. theScreener believes that the loss of a star(s) merits downgrade to the general evaluation of the title, which passes to Neutral. As of the analysis date February 18, 2020, the closing price was IDR 4,400.00 and its expected value was estim...

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

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