PT Bank BTPN Tbk (BTPNF)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
PT Bank BTPN Tbk (BTPNF) trades at $0.17 with AI Score 46/100 (Grade C). PT Bank BTPN Tbk is an Indonesian bank providing a range of financial products and services. Market cap: $1.86B, Sector: Financial services.
Price live · AI analysis from Mar 18, 2026Analyst Coverage for BTPNF: BTPNF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates BTPNF against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
BTPNF: the 1 perspectives are evenly split.
How is this calculated? →PT Bank BTPN Tbk (BTPNF) Financial Services Profile
PT Bank BTPN Tbk, a subsidiary of Sumitomo Mitsui Banking Corporation, offers diverse banking solutions in Indonesia, focusing on retail, MSME, corporate, and Sharia segments; its services encompass loans, deposits, treasury, and digital banking, operating through branches, sub-branches, and ATMs across the country.
What Is the Investment Thesis for BTPNF?
PT Bank BTPN Tbk presents a mixed investment case. The bank's established presence in Indonesia and its diverse range of banking services across retail, MSME, corporate, and Sharia segments provide a stable foundation. Its parent company, Sumitomo Mitsui Banking Corporation, offers additional financial strength and expertise. However, a high P/E ratio of 41.17 suggests the stock may be overvalued relative to its earnings, while a modest profit margin of 2.1% indicates potential challenges in profitability. The dividend yield of 2.70% offers some return to investors. Growth catalysts include expansion of digital banking services and strategic partnerships to enhance its MSME lending. Investors should closely monitor the bank's ability to improve profitability and manage credit risk in the Indonesian market.
Based on FMP financials and quantitative analysis
BTPNF Key Highlights
- Market capitalization of $1.86B, reflecting its size and significance in the Indonesian banking sector.
- P/E ratio of 41.17, indicating a relatively high valuation compared to its earnings.
- Profit margin of 2.1%, suggesting potential areas for improvement in operational efficiency and profitability.
- Gross margin of 58.7%, demonstrating the bank's ability to manage the cost of its services effectively.
- Dividend yield of 2.70%, providing a moderate income stream for investors.
Who Are BTPNF's Competitors?
BTPNF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AAALF Aareal Bank AG | $31.99 | +0.00% | $2.04B | 58 |
| AAALY Aareal Bank AG | $34.65 | +0.00% | $2.19B | 58 |
| BKQNF Bank of Queensland Limited | $3.70 | -5.37% | $2.43B | 60 |
| HACBF The Hachijuni Bank, Ltd. | $5.51 | -10.10% | $2.51B | 56 |
| HYKUF The Hyakugo Bank, Ltd. | $8.31 | +76.81% | $2.02B | 53 |
| MCHB Mechanics Bank | $16.24 | +0.50% | $3.58B | 71 |
| STLE Steele Bancorp Inc. | $43.05 | -0.67% | $80.01M | 69 |
| NASB NASB Financial, Inc. | $40.30 | +0.00% | $289.22M | 68 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are BTPNF's Key Strengths?
- Strong parent company (Sumitomo Mitsui Banking Corporation).
- Diverse range of banking products and services.
- Established presence in the Indonesian market.
- Focus on MSME and Sharia banking segments.
What Are BTPNF's Weaknesses?
- Relatively low profit margin.
- High P/E ratio compared to earnings.
- Potential exposure to credit risk in the MSME sector.
- Dependence on the Indonesian economy.
What Could Drive BTPNF Stock Higher?
- Potential regulatory changes in the Indonesian banking sector could create new opportunities or challenges.
- Expansion of digital banking services to attract a younger customer base.
- Strategic partnerships with fintech companies to enhance MSME lending.
- Development of new Sharia-compliant financial products.
- Initiatives to promote sustainable financing and attract ESG-focused investors.
What Are the Key Risks for BTPNF?
- Financial-distress signal — its Altman Z-Score of 0.43 sits in the distress zone (elevated bankruptcy risk).
- Increasing competition from domestic and international banks could erode market share.
- Economic slowdown in Indonesia could negatively impact loan growth and asset quality.
- Changes in banking regulations could increase compliance costs.
- Exposure to credit risk in the MSME sector.
- Cybersecurity risks and data breaches could damage the bank's reputation.
What Are the Growth Opportunities for BTPNF?
- Expansion of Digital Banking Services: PT Bank BTPN Tbk can capitalize on the increasing adoption of digital banking in Indonesia. By investing in user-friendly mobile and internet banking platforms, the bank can attract a younger, tech-savvy customer base and reduce operational costs. The Indonesian digital banking market is projected to grow significantly, driven by increasing smartphone penetration and internet access. Timeline: Ongoing, with continuous enhancements to digital platforms expected over the next 3-5 years.
- Strategic Partnerships for MSME Lending: Collaborating with fintech companies and e-commerce platforms can enable PT Bank BTPN Tbk to expand its reach to MSMEs. By leveraging alternative credit scoring models and online marketplaces, the bank can efficiently assess and serve a larger number of small businesses. The MSME sector in Indonesia represents a significant growth opportunity, with a large unmet demand for financing. Timeline: Within the next 2-3 years, with partnerships expected to be established and scaled.
- Enhancement of Sharia Banking Offerings: With a significant Muslim population in Indonesia, PT Bank BTPN Tbk can further develop its Sharia banking products and services. By offering innovative Sharia-compliant financing solutions and investment options, the bank can attract a growing segment of customers seeking ethical and socially responsible banking. The Sharia banking sector in Indonesia is experiencing rapid growth. Timeline: Ongoing, with continuous development of new Sharia-compliant products and services.
- Focus on Sustainable Financing: PT Bank BTPN Tbk can align its lending practices with environmental, social, and governance (ESG) principles. By offering green loans and sustainability-linked loans, the bank can attract environmentally conscious customers and contribute to sustainable development in Indonesia. The demand for sustainable financing is increasing globally and in Indonesia. Timeline: Within the next 1-2 years, with the launch of new sustainable financing products and initiatives.
- Geographic Expansion in Underserved Regions: PT Bank BTPN Tbk can expand its branch network and digital presence in underserved regions of Indonesia. By targeting areas with limited access to banking services, the bank can tap into new customer segments and contribute to financial inclusion. Many regions in Indonesia still have low banking penetration rates. Timeline: Over the next 3-5 years, with gradual expansion into new geographic areas.
What Opportunities Does BTPNF Have?
- Expansion of digital banking services.
- Strategic partnerships with fintech companies.
- Growth in the Sharia banking sector.
- Increasing demand for sustainable financing.
What Threats Does BTPNF Face?
- Increasing competition from domestic and international banks.
- Changes in banking regulations.
- Economic slowdown in Indonesia.
- Cybersecurity risks and data breaches.
What Are BTPNF's Competitive Advantages?
- Established brand reputation in the Indonesian banking market.
- Strong parent company support from Sumitomo Mitsui Banking Corporation.
- Extensive branch network and digital presence across Indonesia.
- Diverse range of banking products and services catering to various customer segments.
What Does BTPNF Do?
PT Bank BTPN Tbk, established in 1958 and headquartered in Jakarta, Indonesia, is a prominent provider of banking products and services. Operating as a subsidiary of Sumitomo Mitsui Banking Corporation, the bank has evolved to serve a diverse clientele through five key segments: Retail, Micro, Small & Medium Enterprises (MSME), Funding and Treasury, Corporate, and Sharia. Its comprehensive suite of offerings includes savings and current accounts, term deposits, and a variety of loan products tailored to different needs, such as working capital, investment, and specialized financing options like green loans and supply chain financing. In addition to traditional banking services, PT Bank BTPN Tbk provides bancassurance and investment products, including mutual funds and government bonds, catering to the investment needs of its customers. The bank also offers Sharia banking services, aligning with Islamic finance principles. To facilitate international trade, it provides services like import LC issuance, export LC advising, and documentary collection. Furthermore, PT Bank BTPN Tbk offers modern banking solutions such as liquidity management, internet and mobile banking, and collections payment services. As of December 31, 2021, the bank's operational network comprised 82 branches, 349 sub-branches, and 224 ATMs and TCRs, ensuring widespread accessibility across Indonesia.
What Products and Services Does BTPNF Offer?
- Provides savings and current accounts to individuals and businesses.
- Offers term, flexi, and time deposits for various investment horizons.
- Provides working capital and investment loans to support business growth.
- Offers bilateral and syndication loans for larger financing needs.
- Provides credit cards for consumer spending and convenience.
- Offers bancassurance and investment products, including mutual funds and government bonds.
- Provides Sharia banking services compliant with Islamic finance principles.
- Offers digital banking services through internet and mobile platforms.
How Does BTPNF Make Money?
- Generates revenue from interest income on loans.
- Earns fees from banking services such as account maintenance and transactions.
- Derives income from trading activities in foreign exchange and money markets.
- Receives commissions from the sale of bancassurance and investment products.
What Industry Does BTPNF Operate In?
PT Bank BTPN Tbk operates within Indonesia's regional banking sector, which is characterized by increasing competition and evolving regulatory landscapes. The Indonesian banking industry is experiencing growth driven by increasing financial inclusion and a rising middle class. Digital transformation is a key trend, with banks investing in technology to enhance customer experience and operational efficiency. Competition comes from both established domestic banks and international players. PT Bank BTPN Tbk's focus on MSME and Sharia banking positions it to capitalize on specific segments of the Indonesian market.
Who Are BTPNF's Key Customers?
- Retail customers seeking personal banking services.
- Micro, Small & Medium Enterprises (MSMEs) requiring financing and banking solutions.
- Corporate clients with complex financial needs.
- Customers seeking Sharia-compliant banking products and services.
Company Profile
PT Bank BTPN Tbk operates in the Banks - Regional industry within the Financial Services sector. It is headquartered in Jakarta, ID. The company is led by CEO Henoch Munandar. BTPNF has traded publicly since 2022.
PT Bank BTPN Tbk Financial Trajectory
PT Bank BTPN Tbk (BTPNF) reported $4.55T in revenue for Q3 2024, a decline of 1.0% compared to the prior quarter. The company recorded net income of $753.68B, with diluted EPS of $89.74. Quarter-over-quarter revenue has been mixed, typical for a small-cap company operating in Financial Services.
How PT Bank BTPN Tbk Is Valued
PT Bank BTPN Tbk carries a market capitalization of $1.86B, placing it in the small-cap category. Relative to its peer group, BTPNF's quantitative score of 46/100 is below the peer average of 57/100.
ROE 1%Key Financial Metrics
Return on equity for PT Bank BTPN Tbk stands at 0.9%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.2%, showing how much profit it generates from its asset base. BTPNF trades at a trailing price-to-earnings ratio of 49.50, above the Financial Services sector average of ~18x. Its free cash flow yield is -8.9%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.48 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 2.0%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 6/9Financial Health
PT Bank BTPN Tbk's Piotroski F-Score is 6/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 0.43 places it in the distress zone, a signal of elevated financial risk.
BTPNF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Recent insider confidence might signal positive internal expectations for BTPN's performance.
- Community sentiment suggests a belief in BTPN's long-term stability within the Indonesian banking sector.
- Positive market perception of Indonesian financial institutions could benefit BTPN's stock.
- Bullish community views highlight BTPN's potential for growth in the digital banking space, mirroring trends seen in other emerging markets.
Bear Case
- Recent insider selling could indicate concerns about short-term performance or market conditions affecting BTPN.
- Negative community sentiment expresses worry about increased competition in the Indonesian banking market.
- Bearish community views focus on potential regulatory changes impacting BTPN's operational costs.
- Market perception of emerging market volatility may negatively affect investor confidence in BTPN, similar to concerns during past economic downturns.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2024 | $4552.77B | $753.68B | $89.74 |
| Q2 2024 | $4600.21B | $696.65B | $65.00 |
| Q1 2024 | $3102.87B | $543.85B | $64.76 |
Based on FMP financials and quantitative analysis
BTPNF Latest News
No recent news available for BTPNF.
BTPNF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for BTPNF.
Price Targets
Wall Street price target analysis for BTPNF.
BTPNF MoonshotScore
What does this score mean?
The MoonshotScore rates BTPNF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Henoch Munandar
CEO
Henoch Munandar serves as the CEO of PT Bank BTPN Tbk, leading a workforce of over 29,000 employees. His career reflects extensive experience in the banking sector, with a focus on strategic leadership and operational efficiency. He has held various senior management positions, demonstrating expertise in corporate strategy, risk management, and business development. His educational background includes advanced degrees in finance and management, providing a strong foundation for his leadership role.
Track Record: Under Henoch Munandar's leadership, PT Bank BTPN Tbk has focused on expanding its digital banking capabilities and strengthening its position in the MSME sector. Key milestones include the launch of new digital platforms, strategic partnerships with fintech companies, and initiatives to promote sustainable financing. He has also overseen efforts to improve operational efficiency and enhance risk management practices.
BTPNF OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that PT Bank BTPN Tbk may not meet the minimum financial standards or disclosure requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial reporting, making it more difficult for investors to assess their financial health and operational performance compared to companies listed on major exchanges like the NYSE or NASDAQ. This tier often includes companies with distressed financials, early-stage ventures, or those that choose not to comply with higher reporting standards.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited financial disclosure, making it difficult to assess the company's financial health.
- Lower liquidity, leading to wider bid-ask spreads and potential price volatility.
- Potential for fraud or manipulation due to less stringent regulatory oversight.
- Higher risk of delisting or trading suspension.
- Limited access to company information and management.
- Verify the company's registration and legal status.
- Review available financial statements and disclosures.
- Assess the company's management team and their track record.
- Research the company's industry and competitive landscape.
- Understand the risks associated with investing in OTC stocks.
- Consult with a financial advisor before investing.
- Check for any regulatory actions or legal proceedings against the company.
- Subsidiary of a reputable international financial institution (Sumitomo Mitsui Banking Corporation).
- Established history of operations in Indonesia.
- Presence of a recognized CEO and management team.
- Availability of some financial information, even if limited.
- Operation within a regulated banking sector in Indonesia.
BTPNF Financial Services Stock FAQ
What does PT Bank BTPN Tbk do?
PT Bank BTPN Tbk is a financial institution that provides a wide array of banking products and services in Indonesia. These offerings encompass traditional banking services like savings and checking accounts, various loan types including working capital and investment loans, and term deposits. Additionally, the bank provides bancassurance and investment products, Sharia-compliant banking options, and modern digital banking solutions. Its focus on retail, MSME, corporate, and Sharia segments positions it as a versatile player in the Indonesian banking sector.
What do analysts say about BTPNF stock?
Analyst consensus on BTPNF stock is not readily available, reflecting its OTC market listing and limited coverage. Key valuation metrics such as the P/E ratio of 41.17 suggest a relatively high valuation, while the profit margin of 2.1% indicates potential profitability challenges. Growth considerations include the bank's digital expansion, strategic partnerships, and focus on the MSME sector. Investors should conduct thorough due diligence and consider the risks associated with OTC-listed stocks.
What are the main risks for BTPNF?
PT Bank BTPN Tbk faces several key risks, including increasing competition from both domestic and international banks, which could impact market share and profitability. An economic slowdown in Indonesia could lead to reduced loan growth and increased credit risk. Changes in banking regulations could increase compliance costs. The bank's focus on the MSME sector exposes it to potential credit risk. Additionally, cybersecurity threats and data breaches pose a significant risk to the bank's operations and reputation.
What are the key factors to evaluate for BTPNF?
PT Bank BTPN Tbk (BTPNF) holds an AI score of 46/100 (low). Not financial advice.
How frequently does BTPNF data refresh on this page?
BTPNF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven BTPNF's recent stock price performance?
PT Bank BTPN Tbk (BTPNF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong parent company (Sumitomo Mitsui Banking Corporation). See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider BTPNF overvalued or undervalued right now?
Valuing PT Bank BTPN Tbk (BTPNF) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying BTPNF?
Before investing in PT Bank BTPN Tbk (BTPNF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Financial data is based on information available as of December 31, 2021.
- OTC market information may be limited and subject to change.
- AI analysis is pending and may provide further insights.