Bank Central Asia (BBCA IJ): Remains confident

Bank Central Asia (BBCA IJ)
BUY / TP: IDR:9,400 (+10.6%)
Analyst: Yap Swie Cu

Remains confident
• Solid results continued in 3Q22
• Expansion and widening margin boosted top line earnings
• Eased credit cost further boosted bottom-line profit
• Still confident it can deliver strong performance in coming quarters
• Earnings and TP are upgraded. Re-iterate BUY