JAKARTA (Yosefardi) – Shares of PT Bank Tabungan Pensiunan Nasional Tbk (BTPN) gained 1.24% to Rp4,085 per share this morning after reporting its first quarter’s earnings.
However the trading in BPTN shares was thin, only 291,517 shares were exchanged hands.
BTPN booked net profit of Rp494.49 billion in first quarter of this year, declined 7.8% from Rp536 billion in the same period of last year.
Net interest income grew by 5.4% to Rp1.73 trillion from previous Rp1.66 trillion. Net interest margin (NIM) was 11.65%. The bank booked interest income of Rp2.99 trillion.
Profit from operation fell 6.9% to Rp670.89 billion from Rp720.78 billion in first quarter of 2013. Its assets totaled Rp67.34 trillion of which credit amounted Rp45.4 trillion.
Third party funds reached Rp47.56 trillion of which time deposits accounted for Rp40.5 trillion. The bank’s CAR was 23.9% and LDR stood at 95.48%.