Analysis of the Effectiveness of Bank Merger Profitability
DOI:
https://doi.org/10.54099/ijibmr.v5i1.1349Keywords:
Profitabilitas, Sustainability Growth Rate, Financial FeasibilityAbstract
The purpose of this study is to analyze post-merger profitability, company value growth throughsustainable growth rateand supporting factors for mergers, financial feasibility pre-merger and acculturation of work culture at Bank Syariah Indonesia. The population in this study was quarterly financial reports.legacy(BNIS, BRIS, and BSM) for the period 2017 - 2020 and BSI quarterly financial reports for the period 2021 - 2024 and in-depth interviews with 3 BSI employees with different legacy backgrounds. The method used is the approachmixed methodswith typeconvergent parallel design. The quantitative results obtained show significant differences in ROA, ROE, NPM and SGR before and after the merger. While qualitatively, the financial feasibility analysis of legacy banks shows that all three legacies are in the healthy bank category, while the interview results related to work culture show the integration of legacy culture, similarity of vision and mission and merging into BSIone culture.
References
Ashari, R. (2021). analisis tingkat kesehatan Bank Sulselbar Cabang Kota Palopo. In Universitas Muhammadiyah Palopo (Vol. 11, Issue 1). UM Palopo.
Dwiyanti, A., & Wondabio, L. S. (2022). Financial Due Diligence in Increasing Company Value Through Banking Mergers and Acquisitions During Covid-19. Jurnal Akuntansi Dan Auditing, 19(2), 225–248. https://doi.org/10.14710/jaa.19.2.225-248
Elisa, Nur Wasilah Defa, G., & Syahirman Yusi, M. (2022). Analisis Rasio Keuangan dalam Menilai Kinerja Keuangan Toko Pesona Bari Songket Palembang. Jurnal Terapan Ilmu Ekonomi, Manajemen Dan Bisnis, 2(2), 101–101.
Febrianto, H. G., & Fitriana, A. I. (2020). Menilai Tingkat Kesehatan Bank Dengan Analisis Metode Risk Profile, Good Corporate Governance, Earnings, Capital Pada Bank Syariah Di Indonesia. Islamic Banking : Jurnal Pemikiran Dan Pengembangan Perbankan Syariah, 6(1), 139–160. https://doi.org/10.36908/isbank.v6i1.135
Gischa, S. (2022). Budaya Kerja: Pengertian, Manfaat dan Jenisnya. Kompas.
Hargrave, M. (2024). Mergers, Acquisitions, and Corporate Restructurings. Dotdash Meredith.
Kharisma, D. (2025). Sustainable Growth Rate.
Krismaya, S., & Kusumawardhana, V. (2021). Analisis Perkembangan Profitabilitas Bank BSM, BRIS, dan BNIS Sebelum dan Setelah Merger Menjadi BSI. Jurnal Manajemen, Ekonomi, Keuangan Dan Akuntansi (MEKA), 2(2), 134–144.
Lyu, R. (2024). A Study of the Determinants of the Successful Mergers and Acquisitions. Advances in Economics, Management and Political Sciences, 110(1), 187–193. https://doi.org/10.54254/2754-1169/110/2024ed0083
Marpaung, M. N. (2021). Analisis SWOT Terhadap Merger Bank Mandiri Syariah, Bank BRI Syariah dan BNI Syariah Menjadi Bank Syariah Indonesia. 20.
OJK. (2025). PENILAIAN TINGKAT KESEHATAN BANK UMUM SYARIAH DAN UNIT USAHA SYARIAH (Vol. 1, Issue 22 Jan).
Ompusunggu, H., & Wage, M. S. (2021). Managemen Keuangan. Batam: Batam Publisher.
Pane, I., Hadju, V. A., Maghfuroh, L., Akbar, H., Simamora, R. S., Lestari, Z. W., Galih, A. P., Wijayanto, P. W., Waluyo, Uslan, & Aulia, U. (2021). DESAIN PENELITIAN MIXED METHOD (N. Saputra (ed.); ke 1). Yayasan Penerbit Muhammad Zaini.
Prihadi, T. (2020). Analisis Laporan Keungan: Konsep & Aplikasi (PT Gramedi).
Priyanto, A. & R. (2020). Faktor-faktor yang mempengaruhi sustainable growth rate terhadap perusahaan manufaktur di Bursa Efek Indonesia periode 2015-2018. Jurnal Ilmiah MEA (Manajemen, Ekonomi, Dan Akuntansi), 2(1), 1–21.
Septiana, C. (2022). Christabel Septiana / Analisis Intellectual Capital terhadap Sustainable Growth Rate dengan Financial Performance sebagai Mediasi ANALISIS INTELLECTUAL CAPITAL TERHADAP SUSTAINABLE GROWTH RATE DENGAN FINANCIAL PERFORMANCE SEBAGAI MEDIASI. Media Akuntansi Dan Perpajakan Indonesia, 4(1), 41–66.
Sugiyono, P. D. (2023). Metode Penelitian Kombinasi (Mixed Methods) dengan 9 Desain (ke dua rev). Alfabeta.
Sulistiyaningsih, N., & Shultan, S. T. A.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2025 Anom Fajar Puji Asmoro, Noor Syaifudin, Ramdany Ramdany
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
This work is licensed under a 