JAKARTA - PT Bank Negara Indonesia (Persero) Tbk (BBNI) remains as constituent in Indeks Tempo-IDNFinancials 52 following major evaluation of its criteria. Market cap of BBNI reportedly grew 26.20% year-on-year (yoy) from IDR 172.62 trillion in March 2023 to IDR 217.85 trillion in March 2024.

Based on IDNFinancials record, this state-owned bank is listed under all four categories of Indeks52, namely Main Index, High Growth, High Dividend, and Big Market Cap.

BBNI, on the other hand, scored market cap of IDR 217.85 trillion as of March 2024. Its net profit, which shyly increased from IDR 5.22 trillion to IDR 5.32 trillion in Q1 2024, was in contrast with its net interest income that sloped to IDR 9.39 trillion from IDR 10.40 trillion.

Within the past five years, BBNI recorded compound annual growth rate (CAGR) of 6.33% and average dividend yield of 3.67%. Furthermore, average daily transaction frequency and volume reached 7,326 and 19.98 million shares, with 141,158 public shareholders and free float of 40.26%.

It is worth mentioning that total market cap of Main Index category of Indeks52 reaches IDR 8.25 quadrillion or 71.46% of total market cap in the stock exchange of IDR 11.55 quadrillion. For High Growth category, total market cap recorded is IDR 7.22 quadrillion, or equal to 62.48% of total market cap in the stock market.

In High Dividend category, the market cap is IDR 5.95 quadrillion, or 51.51% of total market cap, while Big Market Cap category’s portion reaches IDR 84.97 quadrillion or 73.65% of total market cap.

Lastly, Indeks52 is a collaboration of Tempo and IDNFinancials, which could be seen as an alternative reference for investors in the stock market. It was introduced on June 23, 2023, the year of Majalah Tempo’s 52nd anniversary. Indeks52 is projected to be a good addition into many indices for stock reference for Indonesian investors. (LK/ZH)