Determinan Profitabilitas Bank Umum Konvensional Terdaftar di Bursa Efek Indonesia

Bambang Sutrisno


The Determinant of Profitability in Conventional Commercial Banks Listed in Indonesian Stock Exchange

A lot of prior studies examined the determinants of banks’ profitability, both in developed and developing countries. This paper aims to investigate factors affecting the profitability of 30 commercial banks listed on the Indonesia Stock Exchange (IDX) from 2012 to 2016. This study employs panel regression with annual data. The results reveal that the capital adequacy ratio, net interest margin, and gross domestic product have the positive and significant effect on return on assets. Operating expenses to operating revenues have the negative and significant impact on return on assets. The non-performing loan, loan to deposit ratio, and inflation do not affect return on assets.

DOI: 10.15408/ess.v8i1.6554


profitability;commercial banks; panel regression

Full Text:



Anbar, A., & Alper, D. (2011). Bank Specific and Macroeconomic Determinants of Commercial Bank Profitability: Empirical Evidence from Turkey. Business and Economics Research Journal. Vol. 2, No. 2: 139-152.

Flamini, V., McDonald, C. & Schumacher, L. (2009). The Determinants of Commercial Bank Profitability in Sub-Saharan Africa. IMF Working Paper 09/15. International Monetary Fund, Washington.

Hanafi, M. M. & Halim, A. (2016). Analisis Laporan Keuangan. Yogyakarta: UPP STIM YKPN.

Hayati, N., & Musdholifah. (2014). Determinan Profitabilitas Perbankan Nasional di Indonesia. Jurnal Bisnis, Manajemen & Perbankan. Vol. 1 (1): 77-96.

Horne, J. C. V. & Wachowicz, J. M. (2012). Prinsip-prinsip Manajemen Keuangan (Edisi 13). Jakarta: Salemba Empat.

Javaid, S., Anwar, J., Zaman, K., Gafoor, A. (2011). Determinants of Bank Profitability in Pakistan: Internal Factor Analysis. Mediterranean Journal of Social Sciences. Vol. 2 (1): 59-78.

Kosmidou, K. (2008). The Determinants of Banks’ Profits in Greece during the Period of EU Financial Integration. Managerial Finance. Vol. 34 (3): 146-159.

Lee, J. Y. & Kim, D. (2013). Bank Performance and Its Determinants in Korea. Japan and the World Economy. Vol. 27 (1): 83-94.

Nachrowi, N. D. & Usman, H. (2006). Pendekatan Populer dan Praktis Ekonometrika untuk Analisis Ekonomi dan Keungan. Jakarta: LPFE-Universitas Indonesia.

Petria, N., Capraru, B., & Ihnatov, I. (2015). Determinants of Banks’ Profitability: Evidence from EU 27 Banking Systems. Procedia Economics and Finance. Vol. 20: 518-524.

Putong, I. (2010). Economics: Pengantar Mikro dan Makro (Edisi 4). Jakarta: Mitra Wacana Media.

Sufian, F. & Chong, R. R. (2008). Determinants of Bank Profitability in a Developing Economy: Empirical Evidence from the Philippines. Asian Academy of Management Journal of Accounting and Finance. Vol. 4 (2): 91-112.

Taswan. (2010). Manajemen Perbankan (Edisi 2). Yogyakarta: UPP STIM YKPN.

DOI: Abstract - 0 PDF - 0


  • There are currently no refbacks.

Hasil gambar untuk DOAJCrossRefBASE-Search Open Archives Initiative


View My Stats