Performance Analysis Bank Group Based on Core Capital 4 (KBMI4) 2017–2022


  • Bernadus Dwi Joko Santosa Riau University
  • Yulia Efni Magister of Management, Faculty of Economics and Business, Riau University
  • Novita Indrawati Magister of Management, Faculty of Economics and Business, Riau University



Assets, Capital Adequacy Ratio, Non Performing Loan, Net Interest Margin, LDR, BOPO, Type of Ownership


In this research, a sample of banks from the KBMI 4 group is used to describe banking sustainability during the COVID-19 crisis. In this group, bank profits and assets increased during the event period. The aim of this research is to see and analyze the influence of six (six) independent variables on bank profit achievement. Apart from that, this research also evaluates and analyzes the influence of the type of ownership and the time period of the incident on the achievement of bank profits, to determine which entity is most effective in achieving bank profits at this time. In this research, multiple regression methods and difference tests were used. The results show that three variables (ASSET, BOPO, and LDR) have an impact on profits, while three variables (CAR, NPL, and NIM) have no influence. However, based on the type of bank ownership between State-Owned Enterprises and National Private Enterprises or based on the time period of the incident, there is no difference in influence in achieving bank profits.


Download data is not yet available.


Adi Chandra, Kamaliah, Restu Agusti (2016), The influence of capital structure and company size on company value with profitability as an intervening variable for Real Estate companies listed on the BEI 2009-2013

Agustin, J. (2019). The Influence of Total Assets and Third Party Funds (DPK) on Return on Assets (ROA) with Financing as an Intervening Variable at Bank Bni Syariah 2015-2018

Alamsyah, M. F., & Hanafi, M. M. (2014). The Influence of Macroeconomic Variables on the Stability of Sharia Banking and Conventional Banking in Crisis and Non-Crisis Periods in Indonesia (Doctoral dissertation, Gadjah Mada University).

Al-Omar, H., & Al-Mutairi, A. (2008). Bank-Specific Determinants of Profitability: The Case of Kuwait. Journal of Economic & Administrative Sciences.

Aloysia Praskalin Jelita Putrid and Ickhsanto Wahyudi (2023), The influence of credit risk, liquidity risk, capital, Esa Unggul University, Jakarta1,

Alp, A., Ban, U., Demirgunes, K., & Kilic, S. (2010). Internal Determinants of Profitability in Turkish Banking Sector. ISE Review, 12(46), 1-14.

Al-Qudah, A. M., & Jaradat, M. A. (2013). The Impact of Macroeconomic Variables and Banks Characteristics on Jordanian Islamic Banks Profitability: Empirical Evidence. International Business Research

Amelia Rizka Maulidya (2016), Profit growth is assessed based on NIM and NPL (Survey of Bank Sub-Sector Financial Services Companies Listed on the Indonesian Stock Exchange 2011-2015

Aninda, Aniatun and Diansyah. (2019),. The Influence of CAR, NPF, FDR and BOPO on Profitability in Sharia Commercial Banks. Journal of Modern Administration and Office.

Annisa, Laila Widya Sari (2023), The Influence of Total Assets, Third Party Funds and Financing To Deposit Ratio on Profitability in Sharia Commercial Banks, JABEI Volume 2, No. 1, 2023.

Arafat et al., (2021), Islamic Banking And Finance Review Impact Of Covid-19 On The Performance And Stability Of Conventional And Islamic Banks In The GCC Region, Islamic and conventional banks in the GCC region, Malaysia and Pakistan.

Ardhianto, Wildana Nur. (2019). The Magic Book of Introduction to Accounting. Yogyakarta: Quadrant.

Arianti, Dwinur, Rita et al. (2016). The Influence of BOPO, NIM, NPL and CAR on the Amount of Credit Distribution to Banking Companies that Go Public on the Indonesian Stock Exchange for the 2010-2014 Period, Journal published. Semarang

Arwin, Sutrisno (2022) Bank Health Management. Cedikia

Ascarya and Yumanita (2005). Sharia Bank Analysis: General Overview. Center for Central Banking Education and Studies (PPSK) Bank Indonesia. Jakarta

Asrul Aminullah, JMV. Mulyadi, Mombang Sihite, Syahril Djaddang (2022), Analysis of the efficiency of private banks in Indonesia in their role in generating profits.

Bahtiar Usman, (2003) Financial Ratio Analysis in Predicting Profits at Banks in Indonesia, Business and Management Research Media.

Bambang, Riyanto. (2016). Corporate Spending Basics. Fourth Edition

Ben Slama Zouari, S., & Boulila Taktak, N. (2014). Ownership structure and financial performance in Islamic banks. International Journal of Islamic and Middle Eastern Finance and Management.

Berger, A. N., & De Young, R. (1997). Problem Loans and Cost Efficiency in Commercial Banks. Journal of Banking & Finance..

Bertine. J.M., Moya. J.A., and Perales., A.R, (2014), Determinants of bank performance: Evidence for Latin America, Academia Revista Latinoamericana de Administración, Vol. 27.

Bilian, Fenandi & Purwanto (2020). Analysis of the Effect of CAR, NIM, BOPO, and LDR on the Profitability of Bank Persero, Faculty of Business”, President University Bekasi RR.

Billy Arma Pratama. (2010). Analysis of Factors That Influence Banking Credit Distribution Policy (Study of Commercial Banks in Indonesia for the 2005-2009 Period). Semarang: Dipenogoro University..

Bonin, J. P., Hasan, I. and Wachtel, P. (2005a). Bank performance, efficiency and ownership in transition countries. Journal of Banking and Finance. Vol. 29, pp. 31–53.

Boubakri, N. Bouslimi, L & Zhong (2022) Politically uncertain an analyst forecasts; international evidence, journal of financial stability

Brigham, Eugene F and Houston. (2021). Financial Management: 16th Edition.

Budi Poncho. (2008), Analysis of the Effect of CAR, NPL, BOPO, NIM, and LDR on ROA. Thesis. Diponegoro University

Cahyaningtyas & Retna, (2019), Implementation of bank risk management, corporate governance and profitability of Indonesian banking

Cahyaningtyas, R. P. (2021). The Influence of Return on Assets (ROA), Leverage, and Company Size on Tax Avoidance in Sharia Banking in Indonesia in 2015 - 2019.

Cornett, M. M., Guo, L., Khaksari, S., & Tehranian, H. (2010), The impact of state ownership on performance differences in privately-owned versus state-owned banks: An international comparison. Journal of Financial Intermediation, 19(1), 74-94.

Cull, Robert, and Xu, Lixin Colin. (2005). Institutions, ownership, and finance: the determinants of profit reinvestment among Chinese firms. Journal of Financial Economics. Vol. 77, pp. 117–146.

Dat, B. Tien. (2013), Bank Profitability and Liquidity: A Case of Vietnam Commercial Banks. Thesis School of Business, Vietnam National University.

Dewi, F. S. (2016). Analysis of Effect of CAR, ROA, LDR, Company Size, NPL, and GCG to Bank Profitability (Case Study on Banking Companies Listed in BEI Period 2010-2013). Journal Of Accounting, Volume 2.

Deyby Kansil, S. M. (2017), The Influence of Banking Risk on Financial Performance

Djamil, N. (2023). APIP dalam Pelaksanaan Maturitas SPIP: Government Internal Supervisory Apparatus in Implementing the Maturity of the Government Internal Control System. JAAMTER : Jurnal Audit Akuntansi Manajemen Terintegrasi, 1(2), 76–88.

Djamil, N. (2023). Pelanggaran Prinsip Etika Audit dalam Dysfunctional Audit Behavior: Violation of Audit Ethics Principles in Dysfunctional Audit Behavior. JAAMTER : Jurnal Audit Akuntansi Manajemen Terintegrasi, 1(3), 164–177.

Djamil, N. (2023). Trading in Influence: Modus Baru dalam Korupsi Indonesia Tahun 2022 dan Paradoks Kriminalisasi . JAAMTER : Jurnal Audit Akuntansi Manajemen Terintegrasi, 1(4), 294–304.

Duc Khuong Nguyen (2022) Handbook of Banking and Finance in emerging Markets and Institutions

Dwi Nur'aini Ihsan, (2020), Performance of Bank BNI Syariah During the Covid-19 Pandemic Financial Economics and Islamic Business.

Earl and Estrin (1997), Empirical studies in the Indonesian Stock exchange. Journal of Indonesian Economy and Business Volume 25, Number 3, 2010, 338 – 352

Elsa M. Pondaag, Paulina V. Rate, Joy E. Tulung (2020), The influence of operational efficiency (BOPO) and liquidity (LDR) on the banking performance of state-owned banks in 2012-2019

Erlangga, O. P., & Mawardi, I. (2017). The Influence of Total Assets, Capital Adequacy Ratio (CAR), Finance To Deposit Ratio (FDR) and Non Performing Financing (NPF) on Return On Assets (ROA) of Sharia Commercial Banks for the 2010-2014 Period

Eugene F. Brigham, Joel F. Houston (2021), Fundamentals of Financial Management. Cengage Learning, 2021

Fekri Ali Mohammed Shawtari. (2018). Ownership type, bank models, and bank performance: the case of the Yemeni banking sector. International Journal of Productivity and Performance Management,

Fenandar, Gany Ibrahim, (2012), The Influence of Investment Decisions, Funding Decisions, and Dividend Policy on Company Value, Thesis, Diponegoro University Semarang Undergraduate Program.

Fitri Yeni, ‎Hamdy Hady, ‎Elfiswandi •(2024), Company value based on determinants of financial performance. CV. Intellectual Manifest Media

Francisca (2008), The Influence of Internal Bank Factors on Credit Volume in Banks that Go Public in Indonesia.

Fransiska Soejono (2010), The influence of ownership on investment decisions, experience and financial performance of all companies that went public on the BEI 199-2007. Business and accounting journal

Fransiska, Y., Endang, S. R., & Purwanto, N. (2015). The Influence of Institutional Ownership, Managerial Ownership and Dividend Policy on Debt Policy in Manufacturing Companies Listed on the Indonesian Stock Exchange in 2012-2014.

Fries, S. and Taci, A. (2005). Cost efficiency of banks in transition: Evidence from 289 banks in Communist countries, Journal of Banking and Finance. Vol. 29, pp. 55–81.

Gray,, (2020), Process management project

Hadjimanolis, Athanasios, and Keith Dickson. (2000). Innovation Strategies of SMEs in Cyprus, a Small Developing Country. International Small Business Journal.

Hamzah B. Uno, Nina Lamatenggo• (2022), Performance theory and its measurement. Bumi Aksara Publishers

Haque-Fawzi et al (2022, Marketing strategy, Concept, Theory and Implementation. Pascalbook

Harahap, S. S. (2009). Critical Analysis of Financial Reports. Jakarta: PT. Raja Grafindo Persada

Harum Nuryana, Arif, Nursayidatul (2022), The Influence of Financial Performance on Profit Growth in Banking Companies Listed on the Indonesian Stock Exchange (BEI) for the 2017-2020 Period

Harun, Usman. (2016). The Influence of CAR, LDR, NIM, BOPO, NPL Financial Ratios on ROA, Journal of Business and Management Research, Vol. 2.

Hasbullah, I. I. (2020). The Influence of CAR, LDR, NPL, NIM, BOPO and Company Size on Profitability in the Banking Sector Registered on BEI in 2014–2016. Harapan Medan University Journal Vol 1.

Hatmoko Dwi, U.T (2000), Perceptions of BUMN Leaders regarding the Eability of the Balance Scorecard as a Company Performance Assessment System. Master of Management study program. Undip.

Hediati, N. D., Hasanuh, N., & Karawang, U. S. (2021). The Effect of Capital Adequacy Ratio, Non-Performing Loans and Operational Costs on Operational Income on Return on Assets. The Effect of Capital Adequacy Ratio, Non-Performing Loans and Operational Costs on Operational Income on Return on Assets. Business and Accounting.

Heralina, A. (2007), Comparison of the Efficiency of Sharia Banks and Conventional Banks in Indonesia.

Hery (2021), Banking Management, Concept, Grasindo

Husaeri priatna (2023) The influence of asset growth and capital structure on profitability (Empirical Study of Banking Companies Listed on the Indonesian Stock Exchange for the 2011-2021 Period)

Ilmi, M., Kustono, A. S., & Sayekti, Y. (2017). Effect of Good Corporate Governance, Corporate Social Responsibility Disclosure and Managerial Ownership To the Corporate Value With Financial Performance As Intervening Variables: Case on Indonesia Stock Exchange Indonesia, Vol 3, No.1.

Imam Ghozali (2020), 25 grand theories.

Imam Ghozali. (2017). Multivariate Analysis Application with SPSS Program. Semarang: UNDIP Publisher.

Ismail. (2015). Bank Accounting: Theory and Application in Rupiah (First). Prenada Media,

Ismail. (2018), Banking Management: From Theory to Application. Jakarta: Prenadamedia

Isshaq, Z., Bokpin, G. A. and Onumah, J. M. (2009) Corporate governance, ownership structure, cash holdings, and firm value on the Ghana Stock Exchange, The Journal of Risk Finance,

Jessy Wulansari, Stefani Chandra (2021), Analysis of influence of bank health level using RGEC method on financial performance (ROA) of the continental banking sector listed on BEI 2015-2020

Joaquín Maudos, José Manuel Pastor, Francisco Pérez and Javier Quesada (2019), Cost and profit efficiency in European banks

Julius R. Latumaerissa (2018), Banks and other financial institutions, Jakarta: Mitra Wacana Media,

Kartal Demirgüneş (2016), The Effect of Liquidity on Financial Performance: Evidence from Turkish Retail Industry

Cashmere. (2018). Financial Report Analysis. Edition 11.

Kim, Youngbae., Y. Choi (1994) Strategic Types and Performances of Small Firms in Korea, International Small Business journal.

Kosmidou, K., Pasiouras, F., Doumpos, M., & Zopounidis, C. (2006). Assessing Performance Factors in the UK Banking Sector: A Multicriteria Approach. Central European Journal of Operations Research.

Krismi Budi Sienatra (2020), Determinants of Banking Performance: Empirical Study of Banks that have been listed on the Indonesia Stock Exchange in the period 2013 – 2016

Krishna, Yansen. (2008), Factors Affecting the Capital Adequacy Ratio Study of Commercial Banks in Indonesia for the Period 2003-2006. Master of Management Study Program, Postgraduate Program, Diponegoro University, Semarang

Lee, Jangwoo., Danny Miller (2017) Strategy, Environment and Performance in two technological contexts : Contingency theory in Korea, Organizations studies..

Lumpkin, G. T., and Dess, G. G. (2015). Entrepreneurial Orientation (EO). Academy of Management Review. Vol.3

Mahardian, Pandu (2008). Analysis of the Effect of CAR, BOPO, NPL, NIM and LDR Ratios on banking financial performance. Management master's program. Diponegoro University Semarang

Mahyudin (2005), Study of the level of efficiency of commercial banks in Indonesia and several determining factors.

Mardanugraha (2005), Banking efficiency in Indonesia is studied using the parametric cost function approach, Distribution Free Approach and Stochastic

Margaret RMP, Kamaliah, Poppy Nurmayanti (2014), Factors influencing public bank NIM 2008-2011

Maya Sari, SE, Ak, M.Si, CA • (2021), Financial Performance Measurement Based on Good Corporate Governance, umsu press

Mediadianto (2007), The relationship between bank size and the efficiency of Corporate Governance Mechanisms for Profit Management. Symposium

Meitisari, P., 10 December 2007. Where is BUMN Privatization Heading in 2008? (Where are the privatizations of Government's Firm towards in 2008)”.

Menicucci, E. and Paolucci, G. (2016), The determinants of bank profitability: empirical evidence from the European banking sector, Journal of Financial Reporting and Accounting, Vol. 14

Moch Amin Nurdin (2023), Senior Faculty of the Indonesian Banking Development Institute (LPPI, 2023), November 2023,

Muafiah & Rizal, (2016), The capital aspect is very influential on industry because it can influence the growth of the business it is developing.

Mudrajad Kuncoro and Suhardjono (2016), International financial management: Introduction to global economics and business

Muh Sabir M, Fauziah Husain • 2021 Analysis of the financial performance of CV bank. Ars Light

Muhammad Suhail Rizwan, Ghufran Ahmad and Dawood Ashraf (2020), System Risk : The Impact Of Covid-19,

Mukhlis, Imam. (2015). Financial Economics & Banking: Theory & Applications. Jakarta: Salemba Empat

Muljawan, Dadang. Hafidz, January. Astuti, Rieska Indah. Oktapiani, Rini. (2014). Determining Factors of Indonesian Banking Efficiency and Their Impact on Calculation of Credit Interest Rates.

Mursidah Nurfadillah (2023), Banking profitability, capital, risk and interest rate policy, publisher Widina Bhakti (CV. Widina Media Utama Group)

Murwaningsari, E. (2008). Simultaneous Testing: Several Factors Affecting Earnings Response Coefficient (ERC). XI Pontianak National Accounting Symposium (SNA).

Musthafa (2017). Financial Management Book, Gramedia publisher

Nadya Dianitasari, Hersugondo (2020), The influence of government, domestic, foreign ownership structures, bank models and ownership concentration on bank performance.

Nasution, Marihot and Doddy Setiawan. (2007). The Influence of Corporate Governance on Profit Management in the Indonesian Banking Industry. National Accounting Symposium X. Makassar.

Natasya Rosandy* and Thio Lie Sha (2020) The influence of CAR, NIM, LDR, AND BOPO on ROA in banking on the IDX

Nibras Anny Khabibah, Sully Kemala Octisari, Agustina Prativi Nugraheni (2021), CASA, NIM, and Banking Profitability in Indonesia.

Ngesti, M., & Djamil, N. (2024). Government Auditors’ Capabilities to Detect Fraud and The Factors that Influence Them . InJEBA : International Journal of Economics, Business and Accounting, 2(1), 59–75.

Novi, H. K., & Muhammad, A. (2019). Auditor Perception Of Red Flags Effectiveness To Detect Fraud: A Study At Public Accounting Firm In East Java. Eurasia: Economics & Business.

Nurhasanah (2017), The Effect of Asset Growth on Profitability in Banks Listed on the Indonesian Stock Exchange

Nurhayani Lubis, Zulfadil, Edyanus Herman Halim (2014), Company performance comparative study of two crisis periods in Indonesia.

Nurlailatul Muafiah, Nora Amelda Rizal (2017), Comparison of financial performance in BUMN in the banking sector for the 2014-2016 period in Indonesia and China.

Nurwulan and Mahfud, Mohammad Kholiq (2011), Analysis of the influence of bank size, NPL, ROA, capitalization and CAR on bank efficiency (Study of Commercial Banks with Total Assets of More than IDR 30 Trillion for the Period 2008 – 2010

Nuryaman. (2008). The Influence of Ownership Concentration, Company Size, and Corporate Governance Mechanisms on Profit Management. XI National Accounting Symposium. Pontianak

Olivia, Geby, Anjelia, Haryono, Khristina Yunita, Oxtaviana and Khusbandiyah (2023), The influence of direct assets and capital on net profit in BPDs listed on the BEI 2015-2019

Pakravan, K. (2014). Bank Capital: The Case Against Basel. Journal of Financial Regulation and Compliance.

Pandia, Frianto. (2012). Analysis of assessing the level of bank health using the risk based bank rating method at Bank Danamon 2014-2017

Pandiangan et al., (2022) Comparative analysis of bank financial performance during the Covid 19 pandemic.

Patriadi, Pandu. (2003). Comparative Study of BUMN Privatization Policies in Several Countries. Economic and Financial Studies. Vol. 7, no. 4, pp. 55-102.

PBI number 23/2/PBI/2021 Third amendment to Bank Indonesia Regulation number 20/8/PBI/2018 concerning Ratio Loan to Value (LTV) for property loans.

Bank Indonesia Regulation No.06/10/PBI/2004 12 April 2004 concerning the Soundness Level Assessment System for Commercial Banks.

Bank Indonesia Regulation Number 14/18/PBI/2012 concerning Minimum Capital Requirements for Commercial Banks, then adapted to PBI Number 15/12 /PBI/2013

Bank Indonesia Regulation number 15/15/PBI/2013 concerning Minimum Statutory Reserves for Commercial Banks in Rupiah and Foreign Currency for Conventional Commercial Banks.

OJK Regulation Number 15/POJK.03/2017 concerning Determination of Status and Follow-up Supervision of Commercial Banks.

OJK Regulation Number 4/POJK.03/2016 concerning Assessment of the Soundness Level of Commercial Banks, Health Level of Commercial Banks.

Financial Services Authority Regulation /POJK.03/2018 concerning Commercial Bank Periodic Reports

Perkasa, Ponttie Prasnanugraha (2007), Analysis of the Influence of Financial Ratios on the Performance of Commercial Banks in Indonesia, (Empirical Study of Commercial Banks Operating in Indonesia), Thesis, Diponegoro University, Semarang.

Permana, and A. Adityawarman (2015), Analysis of factors that influence the level of efficiency of Islamic banking in Indonesia

Perwitaningtyas, G.A. and I.R.D. Pangestuti. (2015). Factors Affecting Bank Efficiency in Indonesia for the 2008-2012 Period. Diponegoro Journal of Management

Petria, N., Capraru, B., & Ihnatov, I. (2015). Determinants of banks profitability, evident from EU 27 Banking Systems. Procedia Economics and Finance.

Potter, P.A, Perry (2016), Fundamental Textbook: Concepts, Processes and Practices. In P. and P. I. E. (4th ed. ).

Pramitasari (2021), Comparative Analysis of Banking Financial Performance Pre and Post Covid-19.

Prayogo, H. F. (2014). Perception Analysis of Sharia Credit Cards Regarding Credit Card Risks in Conventional Banks and Sharia Banks. Accounting journal

Prihatiningtyas, L. (2012). BUMN Banking executive remuneration: Pay for Performance.. Journal of Research and Information.

Przepiorka, W., & Berger, J. (2017). Signaling theory evolving: Signals and signs of trustworthiness in social exchange. Social Dilemmas, Institutions, and the Evolution of Cooperation, January 2017,

Purwoko, Didik and Bambang Sudiyatno. (2013). Factors that Influence Bank Performance, Journal of Business and Economics (JBE), Volume 20.

Putri Siswinarti Widyastuti (2018), The influence of net interest margin and BOPO on changes in profits

Raharjo, D. P. A., Setiaji, B., & Syamsudin. (2014), The Influence of CAR, NPL, LDR, BOPO and NIM Ratios on the Performance of Commercial Banks in Indonesia. Journal of Resource Management Economics..

Rahmadina Ardelia, Susy Muchtar, ldr influence (2022), Factors that influence the profitability of the banking sector listed on the IDX

Rahman, R. A., & Isynuwardhana, D. (2019). The influence of CAR, LDR and NPL on Profitability in the banking industry (Study of commercial banks listed on the Indonesian Stock Exchange in 2013-2017.. e-Proceeding of Management.

Ramly AR,. And Hakim A. (2017), Bank Modeling in Indonesia: Comparison between Sharia Banks and Conventional Banks.

Rembet, W. E., & Baramuli, D. N. (2020). The Influence of Car, Npl, Nim, Bopo, Ldr on Return on Assets (Roa) (Study of National Private Commercial Banks with Foreign Exchange Listed on the IDX. Emba Journal.

Riana Fatmawati, Tony Seno Aji (2018), Analysis of the influence of internal and external factors on the efficiency of conventional public banks for the 2012-2016 period

Rizkia Amelia Putri Hendra Sanjaya Kusno Juspa Parasi (2022), The Influence of LDR, CAR, BOPO, and bank size on ROA of General banks during the Covid 19 Pandemic

Robert Konopaske, John Ivancevich and Michael Matteson I (2023) Organizational Behavior and Management, 12th Edition

Rongiyati S. Rasjo (2007), Analysis of the Effect of Company Size, Debt to Equity Ratio, Dividend and Sales Growth on Return on Assets. Thesis, Master of Management Undip, Semarang.

Rosiana Rosiana, F. Defung, M. Amin Kadafi (2017), The influence of company size, capital adequacy, productive asset quality, and liquidity on profitability

Ridho, M., & Djamil, N. (2023). The Effect of the Proportion of the Board of Commissioners, Audit Committee, Asymmetric Information and Company Size on Earnings Management Practices. JAWI : Journal of Ahkam Wa Iqtishad, 1(2), 95–100.

Sabrina, Farah Nur and Harjun Muharam. (2015),. Analysis of the Influence of Government Ownership, Foreign Ownership, Liquidity Risk and Credit Risk on Bank Financial Performance. Diponegoro Journal of Management.

Samiloglu, F., & Demirgunes, K. (2008). The Effect of Working Capital Management on Firm Profitability: Evidence from Turkey. The International Journal of Applied Economics and Finance.

Sapto Haryoko, et al. (2018), E-Book Qualitative Research Data Analysis (Concepts, Techniques & Analysis Procedures), Makassar State University Publishing Agency,

Serly & Jennifer, (2021), Analysis of the Effect of Bank Capital, Bank Size, Market Concentration, Ownership, Inflation on Bank Profitability

Setya Wulandari (2019), Comparison of the Financial Performance of Conventional Foreign Exchange BUSNs and Conventional Non-Foreign Exchange BUSNs.

Sherman, E.H. (2015), A Manager's Guide to Financial Analysis (6th edition). New York City, American Management Association.

Shleifer, A. and Vishny, R.W. (1997). A Survey of Corporate Governance. The Journal of Finance. Vol. LII, No. 2, pp. 737

Siti Sarah Sobariah, Sintia Elmawati Pasaribu, Lolita Sinaga (2021), The Influence of Capital Adequacy Ratios, Liquidity, Credit Risk, Cost Efficiency and Inflation Rates on Profitability in the Banking Sector 2017-2020.

Soeharto (2019), Law of the Republic of Indonesia Number 9 of 1995. From Jakarta;

Sofiana Istinfarani, Fika Azmi (2002), Determining Factors of Banking Performance Efficiency Levels

Sorongan, F. A. (2020). The Influence of Profitability, Non-Performing Loans (Npl), Liquidity and Inflation on the Capital Adequacy Ratio (CAR) (In Regional Development Banks for the 2016-2019 Period). JRMSI - Indonesian Science Management Research Journal.

Sotarduga Sihombing, Lasma Siagian (2021) Banks and Non-Bank Financial Institutions Widina Bhakti Persada Bandung Publisher

Stefani Chandra (2022), Comparative Analysis of the Health Level of BUMN Banks and BUMS Banks in Indonesia..

Subramanyam (2014), Financial Report Analysis, VII edition.

Sudarini, Sinta, (2005), Use of Financial Ratios in Predicting Future Profits (Case Study of a Banking Company listed on the JSE.

Sudjana, Nana & Ibrahim. (2012). Educational Research and Assessment. Bandung: Sinar Baru Algensindo.

Sugiyono. (2018). Quantitative, Qualitative and R&D Research Methods, Alfabeta publisher, Bandung

Sujarweni, V. Wiratna. (2017). Financial Report Analysis; Theory, Applications, and Research Results. Yogyakarta: Pustaka Baru Press.

Bank Indonesia Circular Number 13/24/DPNP dated 25 October 2011 Assessment of the Soundness Level of Commercial Banks.

Bank Indonesia Circular Letter No.6/23/DPNP of 2024. Commercial Bank Soundness Level Assessment System.

Susanto, H., & Kholis, N. (2016). Analysis of financial ratios to profitability in Indonesian banking. Ebbank,

Susy Muchtar and Rahmadina Ardelia (2022), Factors that influence the profitability of the banking sector listed on the IDX

Syafrudin (2014) The Influence of Assets, Credit and Capital on Banking Profits in Indonesia (Empirical Study of Conventional Commercial Banks Listed on the Indonesian Stock Exchange). Batanghari University Jambi Scientific Journal, v

Syakhrun et al. (2019), The influence of CAR, NOPO, NPF and FDR on profitability in Sharia Commercial Banks in Indonesia. E-ISSN: 2615-8868. Bongaya Journal for Research in Management. 2013-2015. EMBA Journal.

Thayib, B. et all. (2017),. Comparative analysis of the financial performance of Islamic banks and conventional banks. EMBA Journal. Vol.5

Uli Wildan Nuryanto, Anis Fuad Salam, Ratih Purnama Sari, Dede Suleman (2020), The Influence of Capital Adequacy Ratios, Liquidity, Credit Risk and Cost Efficiency on Bank Profitability in 2014-2018.

Usman Harun (2016), The influence of financial ratios CAR, LDR, NIM, BOPO, NPL on ROA for the 2009-2013 period

Veithzal Rivai, (2015), Human Resource Management for Companies From Theory to Practice, Rajagrafindo.

Webojk, Financial Reports and OJK Regulations. . :

Werner R. Murhadi (2009), The Influence of Good Corporate Governance on Earnings Management Practices in Companies Listed on the Indonesian Stock Exchange

Widyastuti, P. F., & Aini, N. (2021). The Influence of CAR, NPL, LDR on Bank Profitability. JIMAT (Scientific Journal of Accounting Students) Ganesha Education University..

Wildan Farhat Pinasti. (2018.), The Influence of CAR, BOPO, NPL, NIM and LDR on the Profitability of Commercial Banks for the 2011-2015 Period. Yogyakarta State University Accounting Study Program.

Wulandari, E. (2019). The Influence of Financial Performance on Changes in Profits in Conventional Banking Companies listed on the Indonesia Stock Exchange for the period (2014 - 2017), .Thesis. Faculty of Economics, Muhammadiyah University of Ponorogo.

Xiaolong Li, ‎Chunhui Yuan, ‎Ivoslav Ganchev • (2022) Proceedings of the 2022 International Conference on Business and Policy Studies. Springer Nature Singapore

Yeano Dwi Andhika 2017), Factors influencing the CAR of Islamic commercial banks in Indonesia

Yudistira (2003), Efficiency levels of 18 sharia banks in various countries for 4 years from 1997 – 2000.

Yufi Indah Hairunnisa, Sri Mulyantini, Jubaedah (2021), Analysis of the profitability of Conventional Public Banks before and during the Covid pandemic

Yuwono and Meiranto. (2012), Analysis of the Effect of Third Party Funds, Loan to Deposit Rati, Capital Adequacy Ratio, Non Performing Loans, Return on Assets.

Zulfan Ependi, Amir Hasan, Novita Indrawati (2018). The influence of ownership structure and dividend policy on company value with financial performance and debt policy as intervening variables (Study of LQ45 Companies on the Indonesian Stock Exchange).




How to Cite

Santosa, B. D. J., Efni, Y., & Indrawati, N. (2024). Performance Analysis Bank Group Based on Core Capital 4 (KBMI4) 2017–2022 . JAAMTER : Jurnal Audit Akuntansi Manajemen Terintegrasi, 2(2), 464–492.