Indonesian Banking Stocks Show Mixed Performance Ahead of Year-End Holidays

Market Movement on December 22, 2025

The Indonesian banking sector displayed mixed performance on December 22, 2025, as traders prepared for the upcoming year-end holidays. Among the major state-owned banks, three experienced declines while one private bank showed positive growth.

Individual Stock Performance

• PT Bank Mandiri Tbk (BMRI) closed 1.45% lower at Rp 5,100 per share
• PT Bank Negara Indonesia Tbk (BBNI) ended 0.23% down at Rp 4,330 per share
• PT Bank Rakyat Indonesia Tbk (BBRI) decreased 0.27% to Rp 3,760 per share
• PT Bank Central Asia Tbk (BBCA) was the sole gainer, rising 1.55% to Rp 8,175 per share

Year-to-Date Performance Analysis

The year-to-date performance of these major banking stocks showed a consistent negative trend:

• BMRI: down 10.53%
• BBNI: declined 0.46%
• BBRI: fell 7.84%
• BBCA: dropped 15.50% - the largest decline among the four

Market Context and Future Prospects

Despite the short-term fluctuations and current negative year-to-date performance, analysts maintain that these banking stocks remain attractive in the long term. The mixed performance reflects market volatility as investors position themselves ahead of the year-end holidays.

The banking sector's fundamental strength and Indonesia's growing economy continue to support the long-term prospects of these major banks. Investors are advised to consider the temporary nature of current market movements and focus on the robust financial fundamentals of these institutions.