Effect of Interest Rates SBI, Capital Adequacy Ratio and Return on Assets Ratio of Share Price PT. BNI Bank Tbk

Abstract

Investors require financial information of the company to be purchased shares. The information consists of information which are fundamental to the company and which information is a fundamental. Fundamental company information showed with financial ratios that show the company's financial performance such as profitability ratios represented by the return on assets, and the company's financial liquidity level as indicated by the capital adequacy ratio. The economic fundamentals of information can be indicated with an interest rate of Bank Indonesia Certificates. This also applies to the selection of banking stocks.

This study aims to determine the level of SBI, adequacy capital ratio and return on assets ratio of the stock price of PT. Bank BNI Tbk. Data used include quarterly data taken from the year 2013 to 2017. Data were analyzed using simple regression.

Based on the results showed that the SBI interest rate, capital adequacy ratio and has no effect on stock prices.