The Effect of ROA, ROE, NPF, and FDR on the Share Price of BSI and Panin Dubai Syariah Bank in 2021 - 2024

Authors

  • Abdullah Faqih Universitas Islam Zainul Hasan
  • Hayatul Millah Universitas Islam Zainul Hasan
  • Ahmad Fajri Universitas Islam Zainul Hasan

DOI:

https://doi.org/10.24252/iqtisaduna.v11i1.56696

Keywords:

ROA, ROE, NPF, FDR, STOCK PRICE, ISLAMIC BANK

Abstract

This study aims to analyze the effect of Return on Assets (ROA), Return on Equity (ROE), Non-Performing Financing (NPF), and Financing to Deposit Ratio (FDR) on stock prices at Bank Syariah Indonesia (BSI) and Panin Dubai Syariah Bank during the period 2021–2024. This study uses a quantitative approach with multiple linear regression analysis methods. The study results show that, partially, ROA has a positive and significant effect on stock prices, while ROE has a negative and significant effect. NPF has no significant effect on stock prices, while FDR shows a negative and significant effect. Simultaneously, these four variables have a significant effect on stock prices. These findings indicate that financial performance indicators are essential in determining the value of Islamic banking stocks in Indonesia. This study is expected to be a consideration for investors in making investment decisions and for bank management in improving the company's financial performance.

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Web:

Peraturan Bank Indonesia No. 21/12/PBI/2019 Retriverd Form https://peraturan.bpk.go.id/Details/135915/peraturan-bi-no-2112pbi2019-tahun-2019

Surat Edaran Otoritas Jasa Keuangan (OJK) Retriverd Form https://ojk.go.id/id/regulasi/otoritas-jasa-keuangan/surat-edaran-ojk-dan-dewan-komisioner/Pages/se-ojk-no-8-seojk-03-2015-tentang-penilaian-kualitas-aset-bank-umum-syariah-dan-unit-usaha-syariah.aspx

Published

2025-06-04

How to Cite

Faqih, A., Millah, H., & Fajri, A. (2025). The Effect of ROA, ROE, NPF, and FDR on the Share Price of BSI and Panin Dubai Syariah Bank in 2021 - 2024. Jurnal Iqtisaduna, 11(1), 104–120. https://doi.org/10.24252/iqtisaduna.v11i1.56696

Issue

Section

Volume 11 Nomor 1 (2025)