THE INFLUENCE OF FINANCIAL PERFORMANCES TOWARD STOCK’S PRICE OF STATE-OWNED BANK LISTED ON THE INDONESIA STOCK EXCHANGE

Abstract

This research studies how the company's financial performance can affect stock prices. This study focuses on financial ratios in the banking industry and their relationship to stock price performance. The objects of this study are state-owned banks listed on the Indonesia Stock Exchange. The independent variables used are CAR, NIM, NPL, LDR, ROA, ROE, CIR and BOPO. Meanwhile, the dependent variable used is the stock price. The research period is 2015 to 2019. The analytical method used is multiple linear analyses. From the data processing, it was found that CAR, NIM, NPL, LDR, CIR and BOPO did not have a significant effect on stock prices. Meanwhile, ROA and ROE have a significant effect on stock prices.