Pengaruh Rasio Keuangan Terhadap Profitabilitas Pada Bank Persero Di Bursa Efek Indonesia

Abstract

This research was aims to determine the effect of financial ratios on profitability at state banks in the Indonesia Stock Exchange (IDX). The research period is taken for 5 years starting from 2013 to 2017. Data collection in this research uses secondary data in the form of data collecting from the annual bank financial statement published on the Indonesia Stock Exchange and by each state-owned bank. The sample consisted of 4 state-owned banks i.e. PT Bank Negara Indonesia (Persero) Tbk, PT Bank Rakyat Indonesia (Persero) Tbk, PT Bank Tabungan Negara (Persero) and PT Bank Mandiri (Persero). The independent variables in this research is the financial ratio consisting of Net Interest Margin (NIM), Loan Deposit Ratio (LDR) and Operational Income to Operating Income (BOPO) which affect profitability, namely Return On Assets (ROA) as an independent variable, and the analysis has been done using multiple linear regression analysis. The result of this research shows that partially there is a positive and significant influence between NIM and LDR on ROA and there is a negative and significant influence between BOPO on ROA. Factors that affect on Profitability (ROA) can be explained by the independent variables of 98.2% caused by NIM, BOPO and LDR, while the remaining 1.8% is caused by other factors not included in this research such as inflation, monetary policy, exchange rate etc