BCA Distributes IDR 41.3 Trillion in Dividends and Buybacks: BBCA Share Recommendation Analysis
Jakarta — The decision by PT Bank Central Asia Tbk (BBCA) to distribute an exceptional dividend has been assessed as further strengthening the appeal of the bank’s shares to investors. This has been reinforced by plans to conduct a share buyback programme.
BBCA has set a cash dividend of IDR 336 per share for the 2025 financial year. Overall, the total dividend distributed by BBCA reaches IDR 41.3 trillion.
Capital markets analyst and founder of Republik Investor, Hendra Wardana, views the dividend distribution of IDR 336 per share for the 2025 financial year as evidence that the company’s fundamentals remain exceptionally robust. “BBCA’s move to distribute a dividend of IDR 336 per share for the 2025 financial year demonstrates that the company’s fundamentals remain very solid and capable of delivering attractive returns to shareholders,” Hendra told Kompas.com on Friday (13 March 2026).
The dividend already includes an interim dividend of IDR 55 per share that was paid to shareholders in December 2025. Accordingly, the remaining dividend to be distributed to investors amounts to approximately IDR 281 per share.
According to Hendra, the scale of dividend distribution reflects BBCA’s ability to maintain performance stability whilst preserving strong cash flows. Throughout 2025, the company’s performance continued to record positive growth, supported by stable credit expansion and robust growth in third-party funds (DPK).
“This situation demonstrates that BCA’s business model remains highly resilient amid global economic dynamics, enabling the company to continue generating high profitability whilst delivering attractive returns to shareholders,” he explained.
Additionally, BBCA management has opened the possibility of increasing the frequency of interim dividend distributions from the 2026 financial year onwards. Should the company’s financial condition remain solid, the company has the potential to distribute interim dividends more than once per year. This policy is seen as a positive market sentiment as it reflects the stability of the company’s cash flows whilst strengthening the appeal of BBCA shares as a stock with consistent dividend-paying characteristics.