Here’s a multi‑angle analysis of BBCA (Bank Central Asia) on IDX:
Controlling shareholder: PT Dwimuria Investama Andalan holds 54.94%, ultimately owned by Robert & Bambang Hartono finance.yahoo.com+15bca.co.id+15natreve.com+15.
Public float (~45%) includes:
Institutional investors ~57% of float (around 16.6% of total shares)
Public & ETFs ~22–23% finance.yahoo.comid.investing.com
Insider activity:
Recent insider buys by key executives (e.g., Jahja Setiaatmadja, Charles Santoso, Vera Lim) in Feb–Mar 2025 id.investing.com+3simplywall.st+3en.wikipedia.org+3, a bullish signal.
Top institutions like Vanguard, FMR, GQG, T. Rowe Price each hold ~0.5–1.2% fintel.io+13id.investing.com+13investing.com+13.
Revenue: Rp 106.28 trillion
Operating income: Rp 68.23 trillion
Net income: Rp 54.84 trillion reddit.com+1id.investing.com+1fintel.io
These indicate robust margins: net income is about 51.6% of operating income—excellent for a bank.
BBCA has a top-tier CASA deposit base (low-cost funding), allowing selective lending and low NPL exposure id.investing.com+7reddit.com+7reddit.com+7.
A reliable deposit franchise gives funding flexibility and fee income—a Reddit user noted BBCA's “best deposit franchise” and ability to pick low-risk lending targets reddit.com.
Low non-performing loans coupled with strong CASA limits credit risk.
Although exact ratios (CAR, LDR, NPL) weren’t cited, ample earnings, low payouts, and prudent management suggest solid solvency.
Dividend yield around 3.3%, with ~66% payout ratio, confirms healthy earnings coverage simplywall.st.
Insider stock purchases in early 2025 reflect confidence from leadership simplywall.st+2simplywall.st+2natreve.com+2.
March 2025: top officials increased holdings—signal of long-term faith natreve.com.
New CEO Hendra Lembong (appointed Mar 2025) began buying shares (around Rp 2 billion worth) bca.co.id+2simplywall.st+2simplywall.st+2.
No negative rumors or scandals surfaced in recent coverage.
BBCA is widely viewed as Indonesia’s most reputable private bank.
Retail confidence is high: perception of trust, service quality, stable performance finance.yahoo.com+15reddit.com+15en.wikipedia.org+15.
One Reddit user highlighted BBCA's innovation edge and noted it’s preferable over state‑owned banks due to less political interference reddit.com.
| Category | Insights |
|---|---|
| Ownership | Strong family control (Hartonos), solid institutional backing, minimal insider dilution |
| Margins | High—thanks to low-cost funding and selective lending; net margin ~51%+ |
| Solvency | Healthy: low risk profile, stable dividend payout |
| News | Positive insider buys, new CEO with skin in the game, no negative rumors |
| Sentiment | Excellent public trust, seen as safer and more efficient than peers |
Bottom line: BBCA remains a high-quality, well-capitalized bank with strong margins, prudent management, and leadership aligned with investors. No red flags emerged from recent news or market chatter.
Would you like a deeper dive into specific ratios (like NPL, capital adequacy) or compare BBCA with other Indonesian banks?