The Effect of ROE, DER, and NIM on Stock Price in Malaysian Banks during the COVID-19 Pandemic

Abstract

This study aims to examine the effect of Return on equity (ROE), debt to equity ratio (DER), and net interest margin (NIM) on stock prices (SP) during the Covid-19 Pandemic in Malaysian banks. The data source is the Annual Financial Report with the observation year during the Pandemic 2019-2021 period in the banking industry listed in the Malaysian Stock Exchange (MLX)—data analysis with multiple regression liner and processed using SPSS. The results of this study show that DER has no effect on the SP in the banking industry listed in MLX. Meanwhile, NIM and ROE positively affect SP in the banking industry listed in MLX during covid-19.