PT Bank CIMB Niaga Tbk Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 26, 2023
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PT Bank CIMB Niaga Tbk reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was IDR 3,352,445 million compared to IDR 3,436,294 million a year ago. Net income was IDR 1,668,903 million compared to IDR 1,308,403 million a year ago. Basic earnings per share from continuing operations was IDR 66.94 compared to IDR 52.48 a year ago. Diluted earnings per share from continuing operations was IDR 66.94 compared to IDR 52.48 a year ago.
For the nine months, net interest income was IDR 10,187,380 million compared to IDR 9,974,285 million a year ago. Net income was IDR 4,901,666 million compared to IDR 3,842,785 million a year ago. Basic earnings per share from continuing operations was IDR 196.6 compared to IDR 154.13 a year ago. Diluted earnings per share from continuing operations was IDR 196.6 compared to IDR 154.13 a year ago.
PT Bank CIMB Niaga Tbk (the Bank) is an Indonesia-based company, which is engaged providing general banking services. The Bank operates through seven segments: Corporate, Business, Retail, Treasury, Sharia, Subsidiaries, and Others. The Corporate segment includes loans, deposits and other transactions, and balances with corporate customers. The Business segment includes products and services for customer segments comprising small to medium scale enterprises. The Retail segment focuses on products and services for individual customers. This segment includes products, such as loans, deposits and other transactions, and balances with retail customers. The Treasury segment undertakes its treasury activities, which include foreign exchange, money market, derivatives, and investing in placements and securities transactions. The Sharia segment includes all transactions relating to Sharia Business Unit. The Subsidiaries segment includes all transactions relating to subsidiaries businesses.
PT BANK CIMB NIAGA TBK 
