Analisis Kinerja Keuangan dan Kesehatan Bank dengan Menggunakan Metose Risk Profile, Good Corporate Governen, Earning and Capital (RGEC) pada Bank Jago Periode 2020-2024

Abstract

This study aims to analyze the financial health of PT Bank Jago Tbk for the period 2020 to 2024 using the RGEC method, which consists of four main components: Risk Profile, Good Corporate Governance (GCG), Earnings, and Capital. The RGEC framework is based on the assessment standards set by Bank Indonesia and the Financial Services Authority (OJK) to evaluate the overall health of a bank. This research is descriptive-quantitative in nature, utilizing financial ratio analysis and secondary data sourced from annual reports and corporate governance reports of PT Bank Jago Tbk. The results indicate that, overall, PT Bank Jago Tbk was in a “Healthy” condition throughout the study period, although there were fluctuations in the composite score from year to year. The highest composite score was recorded in 2021 and 2022 at 75.71%, while the lowest occurred in 2024 at 61.43%. The decline in 2024 was primarily due to lower profitability ratios such as ROA, ROE, and BOPO, which were categorized as less healthy. However, other components like NPL and CAR still showed very healthy performance. These findings suggest that while PT Bank Jago Tbk has maintained financial stability, improvements are needed in profitability to strengthen the financial structure and support long-term growth. Therefore, this study is expected to serve as a strategic evaluation tool for the bank's management and as a useful reference for regulators, investors, and the public in assessing the performance and financial health of PT Bank Jago Tbk.