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    Banks - Regional
PT Bank Pembangunan Daerah Jawa Timur Tbk

PT Bank Pembangunan Daerah Jawa Timur Tbk

BJTM.JK
PT Bank Pembangunan Daerah Jawa Timur TbkID flagIndonesia Stock Exchange
492.00
IDR
-8.00
- -
7.39TMarket Cap
PT Bank Pembangunan Daerah Jawa Timur Tbk
BJTM.JK
(Indonesia Stock Exchange)

Recent

price

492.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
192.95
244.1
169.03
182.05
210.35
232.73
255.78
259.48
275.26
300.62
303.39
337.72
359.78
371.17
427
541.68
485.5
Revenue per Share
77.6
99.81
56.01
55.26
62.95
59.29
68.88
77.51
84.15
91.8
99.16
101.43
102.75
97.91
85.36
102.93
91.14
Basic EPS, GAAP
-30.15
183.07
45.63
76.38
93.89
206.64
-79.01
443.41
627.38
154.43
-17.49
1,737.61
-599
-655.72
-240.2
-411.38
-222.2
Free Cash Flow per Basic Share
28.3
55.78
37.43
39.74
40.61
41.86
42.97
43.61
44.09
45.61
48.2
48.85
52.11
53.09
54.39
66.23
- -
Dividend per Share
155.39
211.48
344.25
305.26
312.95
309.37
319.17
327.81
334.18
341.93
349.16
351.43
352.75
347.91
335.36
352.97
297.17
Book Value per Share
251.46
378.26
424.1
383.35
405.13
422.01
482.97
522.57
565.68
601.66
666.31
726.62
760.63
807.67
961.48
1,470.29
972.88
Tangible Book Value per Share
10,959
8,619
12,938
14,918
14,918
14,918
14,928
14,957
14,977
14,994
15,015
15,015
15,015
15,015
15,015
15,015
15,015
Basic Weighted Avg Shares
2,114,575
2,103,832
2,186,965
2,715,758
3,137,959
3,471,733
3,818,205
3,880,977
4,122,503
4,507,573
4,555,625
5,070,997
5,402,273
5,573,233
6,411,656
8,133,542
7,290,062
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
27,742
34,459
37,711
42,115
49,735
66,899
58,205
47,505
44,993
109,944
113,934
164,880
150,752
152,468
191,479
179,728
Depreciation Expense
850,382
860,233
724,639
824,312
939,084
884,503
1,028,216
1,159,370
1,260,308
1,376,505
1,488,962
1,523,070
1,542,824
1,470,105
1,281,718
1,545,518
1,368,464
Net Income, GAAP
26.72
27.57
27.63
28.54
31.74
29.87
29.19
29.17
28.13
26.16
1.22
21.41
24
22.33
22.99
22.72
22.71
Effective Tax Rate (%)
40.22
40.89
33.13
30.35
29.93
25.48
26.93
29.87
30.57
30.54
32.68
30.03
28.56
26.38
19.99
19
18.77
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
118,025
335,715
337,137
324,906
325,888
499,223
981,954
1,306,014
735,676
1,880,271
754,900
708,364
631,464
634,818
1,669,417
7,961,931
4,850,645
LT Debt
2,755,725
3,260,119
5,487,106
5,718,663
6,043,635
6,295,461
7,209,572
7,816,074
8,471,936
9,021,558
10,004,948
10,910,539
11,445,861
12,151,069
14,600,039
22,499,302
14,766,118
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
58.32
48.8
23.09
18.3
20.37
19.06
21.92
23.98
25.44
27.17
28.72
28.96
29.18
27.95
24.99
29.91
30.97
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
15,015
15,015
15,015
Market Capitalization
8,108,369
7,507,749
7,507,749

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
10,588,625
8,228,946
9,300,628
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.31%
18.87%
54.1%
Free Cash Flow
-1,109.85%
-2,030.59%
71.26%
Net Income, GAAP
6.18%
1.33%
20.58%
Sales/Revenue/Turnover
9.11%
12.58%
26.86%
Total Cash Common Dividend
4.92%
6.82%
21.77%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,452,869
1,538,259
1,541,874
1,904,680
6,411,656
2025
1,959,551
1,883,957
2,292,930
- -
8,133,542
2026
2,710,000
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
18.76
- -
- -
- -
85.36
2025
19.84
- -
- -
- -
102.93
2026
25.83
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
54.39
- -
- -
- -
54.39
2025
- -
- -
- -
- -
66.23
2026
27.79
- -
- -
- -
- -
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Business
PT Bank Pembangunan Daerah Jawa Timur Tbk (BJTM.JK), known as Bank Jatim, operates as a regional development bank focused on supporting economic growth in East Java, Indonesia, through a comprehensive range of conventional and sharia-compliant banking products and services; these include deposit products such as Rupiah and foreign currency current accounts, savings accounts, and time deposits; consumer and personal loans encompassing property financing, multiguna loans, motor vehicle loans, gold guarantee credit, and cash collateral facilities; commercial, corporate, and syndicated loans; micro, retail, and government program loans; treasury products like foreign exchange, hedging forward contracts, bank notes, and deposit on call; trade finance services including letters of credit, documentary collections, bill purchasing, and shipping guarantees; sharia financing and fund products; and digital services such as ATM access, internet banking, mobile banking, SMS banking, virtual accounts, electronic government staff cards, safe deposit boxes, and Jatim Priority premium services. Headquartered at Jl. Basuki Rachmat No. 98-104 in Surabaya, East Java, the bank was founded on August 17, 1961, originally as PT Bank Pembangunan Daerah Djawa Timur before renaming in 1976, and maintains an extensive network of approximately 41 conventional branches, seven sharia branches, over 160 sub-branches and agents, and additional payment points across East Java to serve individuals, small and medium enterprises, corporations, and regional governments. Bank Jatim targets local businesses, agriculture, public sector entities, and retail customers, employing around 4,350 to 7,100 staff while emphasizing digital transformation and sharia unit expansion since introducing its Sharia Business Unit in 2007. In recent developments, Bank Jatim held its Annual General Meeting of Shareholders (RUPST) for fiscal year 2024 on May 22, 2025, approving a dividend distribution of Rp 821 billion, appointing Winardi Legowo as candidate President Director, and implementing changes to the articles of association alongside a recovery plan; the bank also executed a capital participation into Bank NTB Syariah as part of its Regional Development Bank (KUB) group strategy initiated in 2024, with plans to extend similar collaborations to banks in Lampung, NTT, Sultra, and Banten. Strategic partnerships expanded in 2024-2025, including a October 2024 cooperation with PT Eratani Teknologi Nusantara to enhance agricultural financing via KUR loans up to Rp 500 million, Kredit Jatim Mikro, and agricultural machinery financing up to Rp 2 billion with credit risk guarantees; a September 2024 MoU with Bojonegoro Regency Government for digitalizing regional financial management to optimize revenues and support non-cash initiatives; another MoU with Universitas Hayam Wuruk Perbanas for financial services, education, research, and HR development; and a recent agreement with East Java Regional Police (Polda Jatim) to strengthen institutional synergies.