Masb.Jk
PT Bank Mandiri (Persero) Tbk (MASB.JK) is a leading commercial bank in Indonesia, providing a wide range of banking services including retail, corporate, and investment banking, generating revenue primarily through interest income from loans and fees from financial services.
Business. PT Bank Mandiri (Persero) Tbk (MASB.JK) is a leading commercial bank in Indonesia, providing a wide range of banking services including retail, corporate, and investment banking, generating revenue primarily through interest income from loans and fees from financial services.
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- Peers
- DividendDividend USD 1.75/sh2026-09-25 · Bank of America (BAC)
- EarningsQ3 2026 earnings (expected)2026-10-13 · estimated · JPMorgan Chase (JPM)
- EarningsQ3 2026 earnings (expected)2026-10-13 · estimated · Citigroup (C)
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
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Synthesis
PT Bank Mandiri (Persero) Tbk (MASB.JK) is a leading commercial bank in Indonesia, providing a wide range of banking services including retail, corporate, and investment banking, generating revenue primarily through interest income from loans and fees from financial services.
MASB maintains a strong liquidity position, supported by a free cash flow of 178.5 billion IDR and a net cash position that is negative after subtracting total debt, indicating a medium liquidity risk. The company's debt-to-equity ratio is 0.0, suggesting a conservative capital structure with minimal reliance on debt financing.
Profitability metrics show a return on equity (ROE) of 5% and a return on assets (ROA) of 0.62%, which are below the industry median for banks. This suggests that MASB is underperforming in terms of asset utilization and capital efficiency compared to its peers.
The company's revenue is primarily concentrated in Indonesia, with no disclosed international operations. This geographic concentration exposes MASB to local economic and regulatory risks, including inflation and currency volatility.
MASB's revenue growth has been stable, with a net income of 205.1 billion IDR in the latest reporting period. While the company has not disclosed specific growth targets, its operating cash flow of 2.68 trillion IDR indicates a strong ability to fund operations and future expansion.
Risk factors include a medium liquidity risk and a low dilution risk. The company has not issued new shares recently, and there is no indication of near-term dilution pressure. However, the negative net cash position after debt suggests potential refinancing needs in the future.
Recent events include the company's continued focus on digital transformation and expansion of its retail banking services. No significant regulatory or legal issues have been disclosed in the latest filings.
- MASB has a conservative capital structure with a debt-to-equity ratio of 0.0, indicating minimal reliance on debt financing.
- The company's ROE of 5% and ROA of 0.62% are below the industry median, suggesting underperformance in asset utilization and capital efficiency.
- Revenue is concentrated in Indonesia, exposing the company to local economic and regulatory risks.
- MASB maintains a strong liquidity position with a free cash flow of 178.5 billion IDR, but a negative net cash position after debt indicates potential refinancing needs.
- The company has a low dilution risk and no recent share issuance activity.
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- Net cash is negative after subtracting total debt.
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- Capex To Revenuecapital_expenditure / revenue
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- MASB.JK Market data — financials · 2026-05-28