BCA Remains Dividend King After 13 Straight Years of Increases
Key Takeaways
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JAKARTA, Investortrust.id — PT Bank Central Asia Tbk or BBCA delivers solid earnings as Indonesia’s largest private bank extends its dividend growth streak to 13 consecutive years, reinforcing its reputation as a consistent income stock despite global market volatility. The performance strengthens investor confidence and underlines the bank’s resilient fundamentals.
Based on operational data for the first 10 months of 2025, BBCA posted bank-only net profit of Rp 48.25 trillion, up 4.39% year on year, supported by net interest income of Rp 66.47 trillion and continued operational efficiency, according to the company data on Saturday, Jan 24, 2026.
The lender has long been known for its generous dividend policy, with data from InvestingPro showing BBCA has raised its dividend every year for the past 13 years.
In December 2025, the bank distributed an interim dividend of Rp 55 per share, reinforcing its appeal to long-term investors seeking stable passive income.
Consistent dividend increases signal strong financial health and management confidence in future earnings growth, a factor widely viewed as a bullish indicator for income-focused investors.
Entering January 2026, BBCA shares traded in the range of Rp 7,600 to Rp 7,700, showing resilience despite foreign net selling of Rp 1.33 trillion in mid-January.
Strong fundamentals, particularly a low-cost funding structure, have historically enabled the stock to rebound quickly from technical support levels.
Analyst consensus on InvestingPro remained optimistic, with the average 12-month fair value set at Rp 10,284 and the highest estimate reaching Rp 11,700.
Founded in 1957 as Bank Central Asia NV, BBCA has grown into the backbone of Indonesia’s private banking sector, focusing on transaction services and lending across retail and business segments nationwide.
The bank’s key competitive advantage lies in its strong low-cost funding base, with a current account and savings account ratio exceeding 80%, helping keep funding costs low amid interest rate fluctuations.
BBCA’s shareholding structure is dominated by Djarum Group through PT Dwimuria Investama Andalan, which owns 54.94% of the bank, with the remainder held by public investors and company management.