Comparative Analysis of Sharia Bank financial Performance Before and After The Merger Using The Du Pont System

Abstract

In 2021 Bank BRI Syariah, BNI Syariah, and Mandiri Syariah will officially merge to become an Indonesian Sharia Bank. This of course will have an impact on financial performance, including NPM, TATO, ROA, and ROE. This research aims to measure the comparison of the financial performance of Islamic banks before the merger (BRIS, BNIS, Mandiri Syariah) and after the merger (2021) using du pont system analysis so that it focuses on npm, tattoo, roa and roe. The research method used is descriptive comparative, namely research that describes a certain thing in a specified time. The data used in this research are the financial reports of BRI Syariah (2019), BNI Syariah (2019), Mandiri Syariah (2019) and Bank Syariah Indonesia (2021). The difference with previous research is that this research focuses more on using du pont system analysis to measure the financial performance of Bank Syariah Indonesia. The results of this research show that PT Sharia Bank experienced an increase in financial performance after the merger in terms of net profit margin, return on assets, equity multiplier and return on equity. However, there has been a decrease in total asset turnover, so in general the financial performance of Islamic banks tends to increase after the merger Key words: merger, Du pont system, financial performance.