Revenue Increases, Bank Permata's Profit Even Drops To IDR 1.41 Trillion In Semester I-2023
JAKARTA - PT Bank Permata Tbk (BNLI) recorded a net profit attributable to owners of the parent entity of IDR 1.41 trillion in the first semester of 2023. This amount decreased slightly compared to IDR 1.43 trillion in the same period last year.
The company's net interest and sharia income was recorded at IDR 4.73 trillion in the first semester of 2023, or an increase from the previous IDR 4.11 trillion in the same period last year.
Quoting Antara, based on segments, the company's net interest and sharia income was contributed by the consumer banking segment of Rp. 148.42 billion, the wholesale banking segment of Rp. 2.13 trillion, treasury income of Rp. 2.41 trillion, and other income of Rp. 36. 83 billion.
From the financial ratio, the company's Capital Adequacy Ratio (CAR) rose from 32.96 percent in the first semester of 2022 to 38.96 percent at the end of the first semester of 2023.
The company's non-performing loan (NPL) ratio improved, with gross NPL recorded 2.89 percent from 3.11 percent, while net NPL from 0.48 percent to 0.32 percent in the first semester of 2023.
Meanwhile, the ratio of the net interest margin or Net Interest Margin (NIM) was recorded at 4.47 percent, or higher than 4.02 percent in the same period in 2022.
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In terms of intermediation, the company has disbursed loans of IDR 137.39 trillion in the first semester of 2023, consisting of loans worth IDR 117 trillion and Islamic financing of IDR 20.39 trillion.
On the funding side, the company recorded total customer deposits of Rp. 185.4 trillion, or an increase of 8 percent (yoy), caused by low-cost savings or Current Accounts Savings Accounts (CASA) which rose 4 percent (yoy) to Rp. 104.6 trillion, compared to the previous year of Rp. 100.8 trillion, with a contribution of curo growth of 5 percent and savings of 2 percent.
In the first semester of 2023, the company's total liabilities were recorded at IDR 212.79 trillion, and total equity was recorded at IDR 38.61 trillion, bringing the company's total assets to IDR 251.41 trillion in the first half of 2023.