Pengaruh Kinerja Keuangan terhadap Harga Saham pada Sektor Perbankan yang Terdaftar di Bursa Efek Indonesia Tahun 2022–2025

Maria Magdalena Supirah; Fitri Dwi Jayanti

doi:10.30640/inisiatif.v5i4.7647

Authors

Maria Magdalena Supirah Universitas Ngudi Waluyo
Fitri Dwi Jayanti Universitas Ngudi Waluyo

DOI:

https://doi.org/10.30640/inisiatif.v5i4.7647

Keywords:

Banking Sector, Financial Performance, Stock Price, ROA, NPL

Abstract

This study aims to analyze the effect of financial performance on stock prices in the banking sector listed on the Indonesia Stock Exchange (IDX) for the 2022–2025 period. Financial performance in this study is measured using five main indicators: Return on Assets (ROA), Debt to Equity Ratio (DER), Non-Performing Loans (NPL), Loan to Deposit Ratio (LDR), and Current Ratio (CR). This study uses a quantitative method with an associative approach. The study population is all banking companies listed on the IDX. The sampling technique used is purposive sampling, resulting in 173 observations of financial statement data. The results showed that simultaneously, ROA, DER, NPL, LDR, and CR significantly influenced stock prices. Partially, ROA had a positive and significant effect, DER a positive and significant effect, and NPL a negative and significant effect on stock prices. Meanwhile, the LDR and CR variables did not significantly influence the stock prices of banking companies listed on the Indonesia Stock Exchange for the 2022–2025 period. This study implies that investors in the banking sector prioritize profitability and credit risk management over short-term liquidity in making investment decisions.

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