Determinant Financial Performance of State-Owned Banking Companies in Indonesia

Abstract

This study aims to analyze the financial performance of state-owned banking companies in Indonesia in the period 2008-2017. The sample used in this study consisted of state-owned banking companies in Indonesia. This study uses panel data analysis methods obtained from Bank Indonesia reports and audited financial statements annually issued by state-owned banking companies. By using Fixed Effect Model on Eviews 9.0, the F test results show that the variables EPS, CAR, NPL, and LDR simultaneously have a significant effect on ROA. The results show that EPS and CAR have a significant positive effect, but NPL and LDR have a negative effect on ROA.