Credit growth strengthened in August
Bank Central Asia's credit growth reached 10.50 percent year over year in August 2026, compared with 5.00 percent in May 2026. Corporate lending grew 18.00 percent year over year, while management expected full-year 2026 credit growth near 10.00 percent, according to Bloomberg Technoz.
The same report placed monthly net interest margin at 5.60 to 5.70 percent in August 2026, up from 5.20 percent in April 2026. It also cited return on equity near 24.00 percent and a cost-to-income ratio near 30.00 percent for August.
Stock remains below its yearly high
On the IDX, Bank Central Asia last traded at IDR 5,275.00 on October 21, 2026 at 4:14 p.m. WIB, up 1.44 percent from IDR 5,200.00. The share price was 39.71 percent below its 52-week high of IDR 8,750.00 and 11.29 percent above its 52-week low of IDR 4,740.00 as of October 21, 2026.
The bank's market capitalization was IDR 648.0 trillion and its price-to-earnings ratio was 11.18 as of October 21, 2026. The six-month reporting period ended June 30, 2026 with net income of IDR 14.85 trillion and revenue of IDR 32.47 trillion.
Comparison with peers
- Bank Central Asia (IDX, IDR): up 1.44 percent, price-to-earnings ratio 11.18, market capitalization IDR 648.0 trillion.
- Bank Mandiri (IDX, IDR): up 0.27 percent, price-to-earnings ratio 5.54, market capitalization IDR 345.3 trillion.
- Bank Rakyat Indonesia (IDX, IDR): up 0.72 percent, price-to-earnings ratio 6.92, market capitalization IDR 423.4 trillion.
What the target means for valuation
Sucor's IDR 6,800 target gives the stock a clear valuation reference while the latest credit data point to faster lending growth than in May. The comparison with Bank Mandiri and Bank Rakyat Indonesia also leaves Bank Central Asia on a higher reported price-to-earnings ratio.
At the end of June 2026, the bank served 42 million customer accounts and processed more than 124 million transactions daily, according to the company release carried by MarketScreener. Its 2026 earnings outlook therefore rests on both loan demand and the ability to preserve margins.
Price and trading status
The IDX quote was IDR 5,275.00 on October 21, 2026 at 4:14 p.m. WIB, up 1.44 percent from IDR 5,200.00, while the Lang & Schwarz euro quote was EUR 0.26 at 3:38 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Bank Central Asia stock.