Main Article Content
Covid-19 struck the Indonesian banking industry in particular ASEAN, through the weaker economic growth, which resulted in a slowdown in credit growth and eventually reduce profitability. This study aimed to analyze the financial performance of banks before and after the occurrence of a covid-19 pandemic and formulate alternative strategies to improve the financial performance of Indonesian banks. The study sample consisted of four banks with saturated sampling method (census) are owned banks (State Bank) listed on the Stock Exchange Indonesia. The data in this research is secondary data obtained from the bank's annual report period 2019 until the second quarter of 2020 which is accessed via the IDX website. Performance is measured using the six financial ratios namely ROA, BOPO, NPL, NIM, CAR and LDR with different test analysis method (Paired T-Test). The study found that in the form of financial ratios ROA, BOPO, CAR and LDR pre and post Covid-19 pandemics have significantly different values, while the NPL and NIM did not differ significantly.
- Journal publication right belongs to journal management with the author's knowledge, while moral publication right belongs to the author.
- The formal legal aspect of the journal publication accessibility refers to the Creative Commons license Attribution-NonCommercial-No Derivative (CC BY-NC-ND), which means that publication can be used for non-commercial purposes and in its original form (can not be modified).
- Each journal publication (print/electronic) is open access for educational purposes, research, and library. Beyond those, journal management is not responsible for copyright violations by certain parties.
Alam, S. (2013). Comparative financial performance of national banks before, and after the global financial crisis. Journal of Economic Balance. Vol. 9(1). Page 1-10.
Cholifah, A. Nurul and Suhadak. (2017). Analysis of banking financial performance before and after the formation of the joint venture (study at PT. Bank Mandiri (Persero) Tbk for the period 2014 - 2016). Journal of Business Administration. Vol. 42 (1). Page 115-124.
Dendawijaya, L. (2013). Banking management. Jakarta : Ghalia Indonesia
Dewi, I A G Kesuma and Purnawati, Ni Ketut. (2016). Analysis of banking financial performance before and after the acquisition at Bank Sinar Bali. E-Journal of Management Unud. Vol. 5(6). Page 2504-2531.
Fahmi, Irham. (2013). Financial statement analysis. Bandung: Alfabeta, CV.
Hasanah, L. (2011). Comparative analysis of the financial performance of Islamic business units based on aspects of liquidity, solvency and profitability before and after the 2008 global crisis. Thesis. Universitas Indonesia.
Kinasih, A Dian. (2013). Analysis of bank financial performance before and after the global crisis (study on national private commercial banks listed on the IDX for the period 2007-2009). Thesis. Program Pasca Sarjana Magister Management UNDIP Semarang. Page 1-15.
Kresmiati, Nita. (2017). Comparative financial performance before and after the 2008 global financial crisis on the PT. Bank Syariah Mandiri. ). S1 Thesis. IAIN Tulungagung.
Kuncoro, M. (2010). Research methods for business and economics. Jakarta: Erlangga.
Kurniasari, A Wida. (2017). Comparative analysis of the financial performance of Islamic banks before and after the spin-off (at Bank Jabar Banten Syariah). S1 Thesis. Institut Agama Islam Negeri Surakarta.
Lombogia, R. (2015). Comparative analysis of financial performance based on credit risk, market risk, liquidity risk, and liquidity coverage ratio (a case study in state-owned banks to go public before and after the implementation of the OJK). Journal of EMBA. Vol.3(3). Page 798-806.
Munawir. (2012). Financial statement analysis. Yogyakarta: Liberty Yogyakarta.
Nasser, E M. (2013). Comparative performance of state banks and private banks with the camel ratio and its effect on stock prices. Media Research Accounting, Auditing and Information. Vol. 3(3).
Novriza. (2012). Comparative analysis of the financial performance of state banks and private banks before and after the global crisis. S1 Thesis. Universitas Lampung.
Prima, A Bella. (2018). Analysis of the financial performance of banks in Indonesia before and after the merger (the study on domestic companies merge with foreign ownership). FEB Student Science Journal Universitas Brawijaya. Vol 6 (2).
Putri, N Nurul. (2020). The impact of the corona pandemic on the Indonesian economic sector. Accessible via https://sukabumiupdate.com/detail/bale-warga/opini/67504-Dampak-Pandemi-Corona-Terhadap-Sektor-Ekonomi-Indonesia on May 10, 2020.
Rahmawati, C Diah dan Sulistiyo, A Budi. (2015). Comparative analysis of Islamic banking financial performance before and after the global economic crisis (case studies of Bank Muamalat Indonesia, Bank Syariah Mandiri, Bank Mega Syariah 2006-2010). Student Scientific Articles. Hal 1-6
Rasim. (2015). Indonesian banking financial performance before and after the global crisis in 2008 (a case study in state banks in Indonesia period 2003-2013). S1 Thesis. FEB Unila.
Salin, A. (2018). Differences in banking financial performance before and after the implementation of good corporate governance (GCG) (a case study at Bank Syariah Mandiri). Journal of Ekomadania. Vol. 1( 2). Page 149-176
Sisbintari, I. (2012). Comparative analysis of CAR, LDR, ROA and ROE before and after the merger at PT. Bank Cimb Niaga Tbk. Profit : Journal of Business Administration . Vol. 6 (2). Page 163-173.
Sitanggang, L M Sautlan. (2020). The performance of state-owned banks remained positive until the 1st quarter of 2020. Accessed via https://keuangan.kontan.co.id/news/kinerja-bank-pelat-merah-masih-positif-sampai-kuartal-i-2020 on May 30, 2020.
Sugiyono. (2014). Statistics for research. Bandung: Alfabeta
Sulistiyo, C Bagus. (2020). Bank's Strategy in Facing Covid-19. Accessible via https://analisis.kontan.co.id/news/strategi-bank-menghadapi-covid-19 on May 10, 2020
Syafina, D Chadiza. (2020). When the Covid-19 hit the banking sector in various countries. Accessible via https://tirto.id/ketika-corona-covid-19-menghantam-sektor-bank-di-berbagai-negara-eE1H on May 10, 2020.
Ucu, K Raharja. (2020). Economic stimulus plague corona: the banking industry. Accessible via https://republika.co.id/berita/q7iu7z282/stimulus-ekonomi-wabah-corona-industri-perbankan on May 10, 2020.
Utami, E. (2013). Comparative analysis of financial performance at PT. Bank Pundi Indonesia Tbk. before and after acquisition. S1 thesis, Universitas Pendidikan Indonesia.
Widiani, N K Linda; Purnamawati, I G Ayu & Sujana, Edy. (2016). Comparative analysis of Indonesian banking financial performance before and after the global crisis (study at Indonesian state-owned banks the period 2002-2014). Journal of Undiksha. Vol. 5(2). Page 20-32
Ziyad, M. (2010). Comparative analysis of Bank Muamalat's financial performance before and after the issuance of the fatwa on the prohibition of bank interest by the MUI. Journal of Management and Accounting. Vol. 11(1). Page 46-52.