JAKARTA (Yosefardi) – PT Panin Bank Tbk (PNBN) booked profit after tax of Rp2.21 trillion in first nine months (9M) of 2014, grew by 14.6% from Rp1.93 trillion in the corresponding period of 2013.
Net interest income declined 0.5% to US$4.48 trillion from earlier Rp4.5 trillion while operating profit increased 10.7% to Rp2.77 trillion from previous Rp2.5 trillion.
The bank’s assets reached Rp172.65 trillion of which credit amounted Rp118.9 trillion. While liability totaled Rp149.9 trillion. CAR was 15.8%, NIM stood at 3.75%, and LDR was 90.5%.
| PANIN BANK (PNBN) | 30-Sep-14 | 31-Dec-13 | Change |
| (Rp Billion) | (Rp Billion) | (%) | |
| BALANCE SHEET | |||
| TOTAL ASSETS | 172,651 | 164,055 | 5.24 |
| Loans | 118,945 | 110,753 | 7.40 |
| Provision of Loans | 1,140 | 923 | 23.51 |
| TOTAL LIABILITIES | 149,930 | 144,097 | 4.05 |
| Current Account | 16,828 | 16,744 | 0.50 |
| Saving Account | 61,539 | 56,412 | 9.09 |
| Time Deposits | 46,022 | 47,070 | -2.23 |
| EQUITY | 22,721 | 19,958 | 13.84 |
| Total Shares | 3648.78 | 3648.78 | 0.00 |
| PROFIT-LOSS | Q3/14 | Q3/13 | Change |
| Net Interest Income | 4,480 | 4,503 | -0.51 |
| Operating Profit | 2,772 | 2,505 | 10.66 |
| Profit After Tax | 2,209 | 1,927 | 14.63 |
| Profit Attributable to Equity | 1,792 | 1,588 | 12.85 |
| Earning Per Share (Rp) | 84.48 | 73.81 | 14.46 |
| STOCK PRICE (52-Week) | Value | Gap (%) | |
| Bottom (Rp) | 610 | 61.5 | |
| Peak (Rp) | 1020 | -3.4 | |
| December 31, 2013 (Rp) | 660 | 49.2 | |
| Current Price (Rp) | 985 | ||
| Market Capitalization (Rp Billion) | 3594 | ||
| Market Capitalization: Asset (X) | 0.0 | ||
| Price to Earnings Ratio (X) | 5.8 | ||
| Price to Equity/Book Value (X) | 0.2 | ||
| KEY RATIOS (%) | 30-Sep-14 | 30-Sep-13 | Change |
| Capital Adequacy Ratio (CAR) | 15.82 | 15.79 | 0.19 |
| NPL Gross | 2.02 | 1.43 | 41.26 |
| NPL Net | 0.48 | 0.26 | 84.62 |
| Return on Asset (ROA) | 2.07 | 1.95 | 6.15 |
| Return on Equity (ROE) | 15.55 | 15.26 | 1.90 |
| Net Interest Margin (NIM) | 3.75 | 4.08 | -8.09 |
| Loan to Deposit Ratio (LDR) | 90.5 | 89.75 | 0.84 |
| Operational Cost to Income (OC/OI) | 80.43 | 78.23 | 2.81 |