Analisis Kinerja Keuangan Bank Muamalat Indonesia dengan Pendekatan RGEC, Efisiensi Dea, Stabilitas Z-Score, dan Financial Distress Periode 2020–2024
DOI:
https://doi.org/10.30640/ekonomika45.v13i2.6747Keywords:
Bank Muamalat Indonesia, Financial Distress, Financial Performance, RGEC, Altman Z-ScoreAbstract
This study analyzes the financial performance of Bank Muamalat Indonesia during 2020–2024 using the RGEC (Risk Profile, Good Corporate Governance, Earnings, Capital) framework, Data Envelopment Analysis (DEA) for efficiency evaluation, the Z-Score model to assess financial stability, and financial distress analysis. The data were obtained from the bank’s annual and financial reports and supported by OJK publications. The findings show that the bank’s overall soundness under the RGEC approach is classified as fairly healthy, with notable improvements in capital and profitability after the pandemic. DEA results reveal fluctuating efficiency, where certain years reach optimal performance while others indicate inefficiencies due to high operational costs. The Z-Score indicates strengthening stability and a decreasing risk of insolvency throughout the period. Financial distress analysis further confirms that the bank remains in a non-distress condition, although continued improvements in financing risk management and operational efficiency are still required. Overall, the study provides a comprehensive overview of the bank’s financial dynamics and serves as a basis for enhancing strategy, efficiency, and resilience.
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