DETERMINAN PROFITABILITAS DAN HARGA SAHAM BANK DIGITAL DI INDONESIA

Abstract

The presence of digital banking is indeed a necessity as an impact of increasing customer expectations related to current technology. Digital banks offer full services through a digital platform that is completely technology-based without the physical presence of bank branches, allowing customers to make various transactions online and in real time easily and quickly. This study aims to examine the factors that influence the profitability and stock prices of digital banks from the company's internal perspective. The results of this study indicate that the profitability of digital banks is influenced by capital (CAR), efficiency (BOPO), and liquidity (LDR), while their stock prices are influenced by profitability (ROA), capital (CAR), efficiency (BOPO) composition of low-cost funds (CASA) and liquidity (LDR). The results of this study are expected to be a guideline for banking industry players, investors and regulators in developing an inclusive and sustainable digital bank ecosystem.