Analysis Of Banking Financial Ratios As A Measurement Of Financial Performance In PT. Mandiri Bank, Tbk
DOI:
https://doi.org/10.26618/inv.v5i2.12304Abstract
This research aimed to assess the financial performance of PT. Bank Mandiri, Tbk using banking financial ratios as indicators. It relied on secondary quantitative data, including BI Current Accounts, Total Credit, Total Assets, Total Debt, Total Equity, Long Term Debt, and Net Profit at PT. Bank Mandiri, Tbk. The study encompassed a 23-year period, from 1998 to 2021, since the company's listing on the IDX. However, the analysis focused on a 10-year sample, specifically from 2012 to 2021, chosen through purposive sampling with criteria set by Sugiyono (2016), including the latest financial report data and data available for 10 consecutive years (2012-2021). Data collection methods involved documentation and literature study, concentrating on balance sheets and income statements of PT. Bank Mandiri, Tbk from 2012 to 2021. The analysis examined various financial ratios, such as Reserve Requirement (RR), Loan To Asset Ratio (LAR), Debt To Equity Ratio (DER), Long Term Debt To Asset Ratio (LDAR), Return On Assets (ROA), and Return On Equity (ROE). The statistical analysis employed a one-sample t-test using SPSS version 21. The findings indicated that PT. Bank Mandiri, Tbk exhibited good financial performance in terms of RR, LAR, LDAR, and ROA. However, it showed less favorable results for DER and ROE, suggesting areas for improvement in the company's financial management and strategies.
References
Adawiyah , A.R. _ , Lisiantara , GA . 2022. "The Influence of the COVID-19 Pandemic on Banking Financial Performance." Scientific Journal of Computerized Accounting 15(2): 465–74.
Arikunto, S. 2016. Research Procedures, a Practical Approach . Jakarta: Rineka Cipta.
Ciawi, I. , Yusrizal. 2019. "Financial Ratio Analysis to Assess the Financial Performance of Pt. Bank Dbsindonesia 2010–2017.” Bilancia : Scientific Journal of Accounting 3(4): 430–40.
Damayanti, T. , Andriyani , D. 2022. "An Analysis of Banking Financial Ratios to Assess Financial Performance (Study at PT Bank Negara Indonesia (Persero), Tbk. Listed on the IDX for the 2017-2020 Period)." Indonesian Journal of Finance and Strategy Inside 2(1): 67–88.
Fadah, I ., Endhiarto, T., Andani, W., Nusbantoro, AJ, Sudarsih .. 2022. "Conventional Banks and Sharia Banks (PT Bank Rakyat Indonesia and PT Bank Rakyat Indonesia Syariah Year." VALUE: Journal of Business Studies 1(37): 83–94.
Fahmi, I. 2012. Introduction to Capital Markets . Bandung: Alphabet.
Febriatmoko, B. , Wulandari, S., Hardiyanti , W. 2016. "Banking Financial Ratio Analysis as a Measuring Tool for Bank Financial Performance (Case Study of PT. Bukopin (Persero), Tbk Period 2014-2015)." Dynamics of Accounting, Finance and Banking 5(2): 167–78.
Harry. 2015. "Comparative Analysis of Financial Performance Using." Accounting Theory 3(1): 1117–28.
Jeffriyanto. 2021. "Comparison of Return On Assets, Return On Equity, Gross Profit Margin, Operating Profit Margin, and Net Profit Margin Before and During Covid-19 at PT. Matahari Department Store, Tbk." JIAKES: Scientific Journal of Unitary Accounting 9(1): 61–66.
Cashmere. 2016. Analysis of Financial Statements . Jakarta: Raja Grafindo Persada.
Matiin, N. 2017. "Financial Performance Analysis of State-Owned Commercial Banks Listed on the Indonesian Stock Exchange." STAR: Studies & Accounting Research 15(1): 465–74.
Ningsih, I. W. _ , Aris , MA 2022. "Comparative Analysis of Bank Muamalat Indonesia's Financial Performance Before and During the Covid-19 Pandemic." Nitro Financial Banking Management Journal 5(2): 105–18.
Nugraha, Y. S. _ , Burhanudin , A . Y. _ , Damayant , R i. 2019. "Analysis of the Effect of Credit Amount, Loan To Asset Ratio (Lar), and Loan To Deposit Ratio (Ldr) on Non-Performing Loans at Pt Bank Rakyat Indonesia (Persero) Tbk Wonogiri Branch in 2018." Edunomics 3(2): 533–40.
Palar, D . S. _ , Manoppo, FAO, Wilfred , P. 2013. “Analysis of Pt. Bank Sulut, Tbk Using Financial Ratios.” Journal of Accounting 2(10): 1–10.
Ramadaniar, B. , Topowijono, Husaini , A. 2013. "Banking Financial Ratio Analysis to Assess Bank Financial Performance (Study of PT. Bank Mandiri (Persero), Tbk. Listed on the IDX for the 2009-2011 Period)." Journal of Business Administration 1(1): 49–58.
Riskiana, N. D. _ , Nurhayati. 2019. "The Role of Return on Equity Ratio, Long Term Debt to Equity Ratio and Current Ratio in Determining Company Value." Journal of Management 2(2): 87–94.
Ruswaji. 2017. "Banking Financial Ratio Analysis as a Measuring Tool for Bank Financial Performance (Case Study of PD. BPR Regional Bank Lamongan Period 2012 -2016)." Journal of Accounting 2(1): 14.
Safari, D. 2020. "Banking Financial Ratio Analysis as a Measuring Tool for Bank Financial Performance (Case Study of PT. Bank Rakyat Indonesia Agroniaga Period 2017-2019)." Sekayu Polytechnic ACSY Journal XII(2): 53–62.
Sari, N. , Supramono, Aminda , R. S. 2020. "Financial Ratio Analysis to Measure Financial Performance at Banks." Manager: Journal of Management Science 2(4): 549.
Sugiyono. 2016. Bandung: Alphabet Quantitative Qualitative Research Methods and R&D .
Sujarweni, VW 2017. Analysis of Financial Statements: Theory, Applications, & Research Results . Yogyakarta: Pustaka Baru Press.
Sulistias, A. , Idayati , F. 2018. "Ratio Analysis as a Benchmark of Financial Performance at PT. BPR Anekadana Sejahtera." Journal of Accounting Science and Research 7(6): 1–18.
Wardayani , Wahyuni, D. S. 2016. "Analysis of Return on Assets, Current Ratio and Debt Ratio in Assessing Financial Performance at PT. Pelabuhan Indonesia I (Persero) Belawan Branch." Journal of Science 4(1): 59–73.
Wijaya, ADK , Triyonowati. 2022. “Financial Statement Analysis to Assess the Financial Performance of Pt. Bank Jatim.” Journal of Management Science and Research 11(1): 1–20.
Downloads
Published
Issue
Section
License
Authors who publish with Invoice: Jurnal Ilmu Akuntansi agree to the following terms:
Copyright Ownership
The copyright of all articles published in this journal remains with the author(s). However, the authors grant Invoice: Jurnal Ilmu Akuntansi the right of first publication with the work simultaneously licensed under a Creative Commons Attribution 4.0 International License (CC BY 4.0). This license allows others to share, copy, redistribute, adapt, and build upon the work for any purpose, even commercially, as long as proper credit is given to the original author(s) and the source.Licensing and Access
Invoice: Jurnal Ilmu Akuntansi provides immediate open access to its content on the principle that making research freely available to the public supports a greater global exchange of knowledge. All published materials are available freely without subscription or payment and can be accessed, downloaded, and reused by any user provided that appropriate attribution is given.Permission for Reuse
For uses not covered by the CC BY 4.0 license, such as commercial reprints, translations, or any form of adaptation without clear attribution, users must obtain written permission from the editorial team. Requests for such permissions can be directed to the editorial office at: [insert journal email here].Plagiarism and Originality
Authors are responsible for the originality of their submissions. All articles are screened for plagiarism using appropriate tools before acceptance. Manuscripts found to contain unoriginal content or infringing materials will be rejected or retracted as per journal policy.