Shares Corrected Since the Start of the Year, BRI Boss Says This

PT Bank Rakyat Indonesia (Persero) Tbk. (BBRI) states that the correction in share prices throughout this year or year to date (ytd) is more caused by external factors. This is because the company’s fundamental performance remains solid.

BRI’s Director of Finance & Strategy, Achmad Royadi, states that share price movements are not only influenced by the company’s fundamentals. There are external factors, namely global sentiment and perceptions of foreign investors towards the Indonesian financial market.

“We all know that share prices are influenced by many factors. Not only from fundamentals, but also global sentiment and investor perceptions towards Indonesia and the capital market,” Royadi said during the virtual press conference on BRI’s First Quarter 2026 Performance Presentation, Thursday (30/4/2026).

According to Royadi, BBRI’s fundamental performance over the first three months of this year is quite strong. This is shown by the maintained asset quality, improvement in cost of funds, solid capitalisation, and positive profitability.

The correction in BBRI shares, which reaches around 18% ytd, is considered to be more influenced by external factors than the company’s performance.

Royadi then reminded of the dividend distribution decision, which is BRI’s commitment to providing returns to shareholders. The Annual General Meeting of Shareholders (RUPST) approved a dividend distribution of 92% of the 2025 book profit, or equivalent to Rp346 per share.

“This is part of our efforts to return value to shareholders for the performance achieved,” he said.

Going forward, BRI is optimistic about the company’s performance projections supported by ongoing transformation strategies.

On the same occasion, BRI’s President Director, Hery Gunardi, gave advice that medium- and long-term investors do not need to look too often at share price movements. He believes that blue-chip shares, including BBRI, remain attractive for long-term investment, even if they experience short-term fluctuations.

“If it’s long-term investment, you don’t need to look too much at the ups and downs of share prices. The important thing is that the fundamentals are strong,” said Hery.

He continued that BBRI offers competitive dividend yields, with potential returns of around 10%-11% per year. That figure, he said, is higher compared to other instruments such as deposits or money market mutual funds.

Hery believes that with improving global and domestic macroeconomic conditions later, blue-chip shares will return to reflecting their fair value.

“If the market improves, global and local macroeconomics improve, those shares will definitely rise,” Hery concluded.

It is known that BBRI shares in the first trading session today have corrected by 18.03% to a price position of 3,000 per share.