Investment Feasibility Study on PT Bank Central Asia TBK (BCA)

Indah Lestari Anwar; Fitriani Rahim

doi:10.59890/ijaamr.v4i5.227

Authors

Indah Lestari Anwar Universitas Negeri Makassar, Indonesia
Fitriani Rahim Universitas Negeri Makassar, Indonesia

DOI:

https://doi.org/10.59890/ijaamr.v4i5.227

Keywords:

Fundamental Analysis, Top-Down Approach, Banking, BBCA, Financial Performance, PER

Abstract

This study examines the financial feasibility of PT Bank Central Asia Tbk (BCA)'s digital channel expansion plan using the capital budgeting method. This study uses a quantitative method with a descriptive approach. The object of the study is PT Bank Central Asia Tbk (BCA). The data source is BCA's Audited Consolidated Financial Statements. The analysis period is 3 years (2023–2025). The data analysis techniques used are NPV, IRR, and Payback Period. The results of the three-year analysis show a positive NPV of IDR 154.74 trillion, an IRR of approximately 218.69%, which far exceeds the WACC of 2.53%, and a Payback Period of approximately 0.43 years (±5 months). All three indicators consistently confirm that the project is declared highly financially feasible

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