Galliano's Financials Research* (a trading name of Galliano's Latin Notes Ltd)’s Post

Indonesian Banks - Mandiri stands out for quality, improving returns (Published 20th Feb 2024) Mandiri is our quality top pick with better valuations to returns mix than BCA, value pick Negara has low PE ratios and improving returns. Rakyat's MSME focus implies a high structural cost of risk.

State-owned Bank Mandiri continued to record an impressive performance in the second quarter of this year (Q2 2024), as reflected in the realization of consolidated credit extensions reaching Rp 1.532 quadrillion in the first half of 2024, which marked 20.5 percent growth year-on-year (yoy). This growth, which exceeded the banking industry average of 12.36 percent yoy as of June 2024, has helped Bank Mandiri meet consolidated net profit growth of 5.23 percent yoy to Rp 26.6 trillion at the end of Q2 2024. Bank Mandiri president director Darmawan Junaidi said the state-owned lender’s exceeding the banking industry average for credit growth was inseparable from Indonesia’s steadfast economic development amid the dynamics of the global economy. Read more: https://lnkd.in/gShNfnkN #business #finance #bank #performance #credit #growth #thejakartapost PT Bank Mandiri (Persero) Tbk. Darmawan Junaidi Tim Utama

Have you ever kept running a business despite losses? Or perhaps continued working on something that wasn't worth the effort because you felt you had already invested so much time, money, and energy? This is often referred to as the sunk cost fallacy. Learn more about it here! #ExperienceMore — PT Bank BTPN Tbk berizin dan diawasi oleh Otoritas Jasa Keuangan (OJK), Bank Indonesia (BI) dan merupakan peserta penjaminan LPS.

Bank Rakyat Persero (BBRI) is the second largest bank in Indonesia, a country with a GDP already higher than their former colonisers Holland and expected to grow to the 4th largest in the world by 2050. Average BBRI earnings growth is about 10% per year. Based on the 3Q24 report I expect FY24 earnings to come in at about Rp 400. Given the share price of Rp 4,060, that is equivalent to an earnings yield of 10%. WAY higher than the current 'risk free' yield on US bonds (4.6%), BRK (5%), MSFT (3%), CBA (4%), etc. Assuming that in the long term the 'risk free' yield will stay around the current 4.6% and adding a 6% margin for a big bank in 'risky' Indonesia, to me BBRI shares are slighly overvalued at the moment. Then again an investor effectively gets 8% per year in dividends to watch earnings, dividends and share price to go up by an average 10% per year. That may still be a much better deal than anything you can find in Western share markets. https://lnkd.in/gzQMUGyi Disclaimer: I am not officially qualified/allowed to give financial advise, so before buying or selling anything, always make sure you do your own research and calculations!

Have you heard of the Pareto principle? It's a powerful strategy that can help you take control of your finances and make them more secure. By applying this principle, you can focus on what truly matters most for your financial well-being. Curious to learn how it works? Dive into the details here! #ExperienceMore — PT Bank BTPN Tbk berizin dan diawasi oleh Otoritas Jasa Keuangan (OJK), Bank Indonesia (BI) dan merupakan peserta penjaminan LPS.

"Do not put all your eggs in one basket." – Warren Buffett This means you shouldn’t invest all your money in one place. By spreading your investments across different asset classes and sectors, you can mitigate risk and enhance your potential for consistent, long-term growth. Diversification is a key strategy to protect your portfolio during market volatility, while positioning yourself for greater opportunities. Let’s take a closer look at investment diversification and how it can help protect your money and grow your wealth. #ExperienceMore - PT Bank BTPN Tbk berizin dan diawasi oleh Otoritas Jasa Keuangan (OJK), Bank Indonesia (BI) dan merupakan peserta penjaminan LPS.

PT Bank Tabungan Negara (Persero) Tbk (BBTN) increased its credit performance in April 2024 by 14.43% with third-party funds (DPK) climbed by 11.39%. Improvements also happened in asset quality (NPL drop 52 bps to 3%) while reducing their loan growth expectations from 13%-14% to 10%-11%. 12-month target price up to Rp.1730.35 according to bloomberg data with 37.3% return potential.

Rupiah hits a 4 year low, prompting Bank Indonesia to step in for stability. Analysts say company dividend payouts add to the challenge. What's next for Indonesia's currency? #Rupiah #IndonesianBank #Forex #NitishKumar #IndianPolitics #WorldEnvironmentDay #loksabhaelctionresult #SEBI #mutulafunds #Investment #IndiaEconomy #PortfolioManagement #investmentopportunities #hiring #megahiring #portfoliostrategies #mnc #mnccompany #mnccompanies #mncjobs #mncjob #jobs #job #opening #company

Discussions with Bank Mayapada to move towards digitalization in business with the Brinks Solution Indonesia #cashdepositmachine #cashintransit #Cashmanagement #Brinkssolutionindonesia #bankmayapada

Our latest #SecondPartyOpinion (SPO) for PT Bank Mandiri (Persero) Tbk. Sustainable Finance Framework is now live. Read the full #SustainableFinance report here: https://okt.to/rCGTl2