Bank Central Asia stock falls 1.23 percent as BCA signs travel deal

Published on 10/07/2026 at 09:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bank Central Asia stock gains a cross-border payments angle from an October 6, 2026 partnership with Malaysia Airlines and Novus. August profit rose 13 percent year over year.

Bank Central Asia, ID1000109507, Illustration mit AI erstellt.

Bank Central Asia (ISIN ID1000109507) was trading at IDR 6,025 on the IDX on October 7, 2026 at 2:36 p.m. WIB, down 1.23 percent from the prior close of IDR 6,100. The fresh company development is a cross-border partnership that could broaden BCA's payments and digital-services reach.

Travel partnership adds payments angle

As BCA Sekuritas reported on October 6, 2026, Malaysia Airlines, Bank Central Asia and Novus Technologies signed a memorandum of understanding. The partners plan to explore payments, foreign exchange, treasury, data, loyalty and other digital services across the Malaysia-Indonesia travel corridor.

The agreement is strategic rather than a quantified earnings announcement, so its immediate investor value lies in the areas it targets: cross-border transactions, customer data and integrated travel services. The stock's intraday decline shows that the partnership has not displaced the market's near-term attention from valuation and earnings execution.

August figures support the case

InvestorTrust reported on October 7, 2026, that August net income reached IDR 4.9 trillion, up 13 percent year over year, while net interest income rose 8 percent year over year to IDR 7.1 trillion. Loans increased 11 percent year over year to IDR 1.018 trillion, and net interest margin improved to 5.8 percent.

Those figures create a measurable counterweight to the share-price pressure. The current price is 31.14 percent below the 52-week high of IDR 8,750, although it remains 24.99 percent above the 52-week low of IDR 4,820.

For the next checkpoint, Investing.com lists October 15, 2026 as the date for Bank Central Asia's next earnings report. That report will test whether August's margin and loan trends continued into the third quarter.

Analyst target stays above price

MarketScreener showed a Buy mean consensus from 26 analysts as of September 21, 2026. The average target was IDR 8,210.04, with a high of IDR 10,100 and a low of IDR 6,000, placing the average 31.89 percent above that day's IDR 6,225 close.

The spread matters because the low target sits close to the current market price, while the average and high targets depend on continued earnings delivery. BCA's next results therefore provide the clearest test of whether improving margins can offset the stock's recent weakness.

Stock sits 31.14 percent below high

Bank Central Asia stock was last trading at IDR 6,025 on the IDX on October 7, 2026 at 2:36 p.m. WIB, with volume of 75,653,600 shares. Its market capitalization was IDR 740.1 trillion and its 52-week range was IDR 4,820 to IDR 8,750.