BEYOND RATIOS: ASSESSING THE 2023–2024 FINANCIAL PERFORMANCE OF PT BANK RAKYAT INDONESIA (PERSERO) TBK USING COMMON-SIZE, DUPONT, AND WACC

Abstract

This research examines the financial performance of PT Bank Rakyat Indonesia (Persero) Tbk for the 2023–2024 period using Common Size analysis, the Du Pont system, and the Weighted Average Cost of Capital (WACC). The study is conducted to understand how the bank manages its financial structure, profitability, and capital costs in maintaining stable performance within the banking industry. A descriptive quantitative method is applied, utilizing secondary data sourced from BRI’s audited financial statements. Common Size analysis is employed to identify changes in the composition of assets and liabilities, while the Du Pont approach is used to assess profitability through Return on Investment (ROI), Return on Assets (ROA), and Return on Equity (ROE). In addition, WACC analysis evaluates the efficiency of the bank’s capital structure. The findings reveal that BRI shows a relatively stable financial condition, with an increasing emphasis on credit distribution supported by low-cost funding sources. Profitability indicators remain consistent, indicating sustainable operational performance. Furthermore, the stable level of WACC reflects effective capital cost management. Overall, the results suggest that BRI maintains solid financial performance and prudent financial management.