BBCA and BTPS Interim Dividends Signal Strong Financial Prospects

Positive Signal for Banking Sector

The recent announcement of interim dividends by PT Bank Central Asia Tbk (BBCA) and PT Bank BTPN Syariah Tbk (BTPS) has been interpreted as a positive signal regarding their financial performance prospects through the end of 2025. Investment Analyst Ekky Topan from Infovesta Kapital Advisori noted that this commitment to dividend payments indicates the banks' solid performance despite economic fluctuations.

Economic Context and Market Outlook

The positive outlook for BBCA and BTPS is supported by several factors including signs of national economic recovery, improvement in credit quality following two months of rising IKK (Inflation Control Index), and ongoing stimulus and liquidity support that has boosted economic activity. 'The banking sector will benefit from this environment,' Ekky stated. For BBCA, the potential continuation of foreign investment inflow, combined with window dressing momentum and expectations of further interest rate reductions, could drive the stock towards the Rp10,000 level.

Attractiveness of BTPS Shares

BTPS also presents an attractive investment opportunity according to Ekky. The bank's decision to distribute interim dividends demonstrates its strong profitability and cash flow. While the risk of non-performing loans remains relatively high in the ultra-micro segment, stable macroeconomic conditions and improving credit quality could facilitate BTPS's recovery. With its current undervaluation, BTPS has the potential to reach Rp1,500-Rp1,800 by year-end if positive momentum continues.

Dividend Details

BBCA declared an interim cash dividend of Rp55 per share for the 2025 financial year (period January 1 - September 30, 2025). BTPS, on the other hand, announced an interim dividend of Rp39.5 per share, totaling Rp304.29 billion. These dividend payments reflect the banks' confidence in their financial standing and future prospects.