Analisis Perbandingan Kinerja Keuangan pada Kookmin Bank Sebelum dan Sesudah Akuisisi pada PT Bank Bukopin Tbk

Abstract

This research aims to analyze the changes in the financial performance of Kookmin Bank before and after the acquisition process by PT Bank Bukopin Tbk. Acquisition is considered a crucial strategy in the development of banking business, and its impact on the financial performance of the bank can provide valuable insights. Quantitative analysis methods were employed to compare key financial ratios, such as profitability, liquidity, solvency, and operational efficiency, during the periods before and after the acquisition. The results of this research reveal a significant difference in the Capital Adequacy Ratio (CAR) of Kookmin Bank before and after the acquisition of PT Bank Bukopin Tbk, with a significance value of 0.000 < 0.05, confirming the first hypothesis (H1). However, there is no significant difference in Return On Asset (ROA), Return On Equity (ROE), Net Margin Interest (NIM), and Operational Expenses to Operating Income Ratio (BOPO) in Kookmin Bank before and after the acquisition, as the significance values are 0.125 > 0.05, 0.917 > 0.05, 0.307 > 0.05, and 0.308 > 0.05, respectively. Nevertheless, a significant difference is found in the Load to Deposit Ratio (LDR) of Kookmin Bank before and after the acquisition, with a significance value of 0.035 < 0.05, confirming the sixth hypothesis (H6). These findings provide a comprehensive overview of the impact of acquisition on the financial performance of the bank, particularly in terms of the financial ratios measured in this study.