BBYB: PT Bank Neo Commerce Tbk - Summary | Jitta

PT Bank Neo Commerce Tbk

IDN:BBYB

Price
Rp306.00
Loss Chance
50.8%
3.44JITTA SCORE
240.54%Over Jitta Line
Jitta Ranking
37 / 48
72 / 99
518 / 855
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (73)
Recent Business Performance (67)
Financial Strength (65)
Return to Shareholders (23)
Competitive Advantage (39)
Jitta Signs
Recent Business PerformanceEarning Growth Last Year
SG&A to SalesDecreasing
Net Interest MarginHigh Efficiency
Revenue and EarningEarning loss detected in 2023
Total DepositDeclined
Key Stats
Jitta Score
Jitta Line
3.44
240.54%
4.94
> 1,000%
4.37
> 1,000%
Regional Banks
4.14
83.64%
6.36
41.43%
3.13
> 1,000%
COMPANY DESCRIPTION
PT Bank Neo Commerce Tbk provides digital banking products and services in Indonesia. The company offers individual banking services, including personal and business accounts; regular, NOW, Neo wish, and Neo business savings; WOW and FLEXI time deposits; Neo and micro business loans; transaction services, such as transfer, hematpay, QRIS, virtual accounts, bills and top up, and cardless cash withdrawal services; Neo membership; and gamified experience comprising Neo world, SocialFi, and Neo journal. It also provides wealth management services that consist of mutual funds that include money market, fixed income, balanced, and equity funds; bancassurance products, such as health, life, and general insurance; gold investments; and other branch offerings. In addition, the company offers deposits, including current accounts and regular time deposit; cash management services comprising payroll services and corporate internet banking; API banking services for enterprises and businesses; and lending products, such as financial institution lending, MSME, and commercial/corporate loans, as well as investment and working capital loans. The company was formerly known as PT Bank Yudha Bhakti Tbk and changed its name to PT Bank Neo Commerce in September 2020. PT Bank Neo Commerce Tbk was founded in 1989 and is headquartered in Jakarta Selatan, Indonesia.