PT Bank Negara Indonesia Tbk Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022
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PT Bank Negara Indonesia (Persero) Tbk reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported net interest income was IDR 9,231,244 million compared to IDR 9,403,202 million a year ago. Net income was IDR 3,962,283 million compared to IDR 2,384,720 million a year ago. Basic earnings per share from continuing operations was IDR 213 compared to IDR 128 a year ago.
PT Bank Negara Indonesia (Persero) Tbk is engaged in the banking sector. Its segments include Wholesale & International Banking, Institutional Banking, Enterprises & Commercial Banking, Retail Banking, and Treasury. Wholesale & International Banking segment includes loans, customer deposits and other transactions belonging to corporate customers, both BUMN and private business entities. Institutional Banking segment includes loans, customer deposits and other transactions belonging to customers of ministries, government institutions, foundations, and universities. Enterprises & Commercial Banking segment includes loans, customer deposits and other transactions belonging to customers of middle/commercial. Retail Banking segment includes loans, customer deposits and other transactions belonging to consumer customers, including credit programs and consumer financing loans. Treasury segment includes foreign exchange transactions, money market, fixed income, and the capital markets.