Banking Sector: Resilient 5M26 results, tougher road ahead
Banking Sector
Analyst: Yap Swie Cu
Resilient 5M26 results, tougher road ahead
• BMRI and BRIS continued to deliver solid earnings
• Robust BBTN’s net profit was driven primarily by lower provisioning expenses
• BBNI’s strong PPOP growth was reduced by soaring provisions
• Dividend income boosted BBRI’s May profit
• BBCA still showed softer performance, but is a safer pick during the challenging environment