Determinants of Banking Profitability: The Case of State-Owned Banks Listed on the Indonesia Stock Exchange

Imam Muhtadin, Faris Rahman Zain, Edi Purwanto, Tiyas Puji Utami

Abstract


Research aims: This study examined the determinants of profitability of state-owned banking companies on the Indonesia Stock Exchange, including Adequacy Ratio (CAR), Operating Costs and Operating Income (OCOI), Loan to Deposit Ratio (LDR), and Non-Performing Loan (NPL).
Design/Methodology/Approach: This study is quantitative research with a type of exploratory. The population in this study was all state-owned banks listed on the Indonesia Stock Exchange for the period 2012-2018 and used the saturated sample technique, or the entire population was taken as a sample. The data analysis method employed in this study was a panel data regression model (a combination of time series and cross section) utilizing the EViews 9.
Research findings: The results in this study revealed that the CAR and OCOI had a negative effect on bank profitability as proxied by ROA. Meanwhile, LDR and NPL did not affect the profitability of state-owned banks.
Theoretical contribution/Originality: The research contributes to the literature and practice. Practically, these results can be used for management to maintain the banking system's internal condition in pursuing profitability.


Keywords


Capital Adequacy Ratio; Operating Costs and Operating Income; Loan to Deposit Ratio; Non-performing Loan; Profitability

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References


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DOI: https://doi.org/10.18196/jai.v23i3.15246

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