Bank Mandiri -BMRI IJ- Buy - Jul-24 results in line with forecast
NS EWBMRI released its bank-only Jul-24 results with monthly earnings
BMRI released its bank-only Jul-24 results with monthly earnings
These improvements were largely driven by the bank’s increased
It is considered as the largest privately owned bank in Indonesia.
Rolling forward to 2025F book-value; raise TP to IDR6,300
BBRI posted its Jul-24 bank-only results, which showed decent improvement
BBNI released its 1H24 results with headline profit of IDR10.7tn (+3.8% y-y), accounting for 50% of our FY24
Based on the Indonesia government’s latest 2025 budget, we think there will potentially be less exposure to
BBCA’s bank-only Jul-24 earnings of IDR4.9tr (+1% m-m / +17% y-y) brings YTD Jul-24 headline profit to