Analysis of Bank Health Levels Using the RGEC Method at BUMN Banks Listed on the Indonesia Stock Exchange

This study aims to evaluate the health of four BUMN banks listed on the Indonesia Stock Exchange (IDX) during the period 2017 to 2021 using the RGEC method (Risk Profile, Good Corporate Governance, Earnings, and Capital). Assessing the health of banks is an important tool in maintaining customer confidence and the stability of the national financial system, especially amid global challenges and domestic economic dynamics. The research data is secondary data in the form of financial reports obtained through official publications of the relevant banks. The analysis was conducted by calculating the Non-Performing Loan (NPL) ratio, Loan to Deposit Ratio (LDR), Return on Assets (ROA), Return on Equity (ROE), Capital Adequacy Ratio (CAR), and Good Corporate Governance (GCG) assessment through self-assessment. The results of the study show that Bank Rakyat Indonesia (BRI) ranks first in most assessment indicators, especially in risk profile, profitability, and capital, while Bank Mandiri consistently demonstrates excellent corporate governance. In contrast, Bank Tabungan Negara (BTN) shows relatively lower performance compared to other state-owned banks. These findings are expected to be used as evaluation material by banking management and as consideration for stakeholders and investors.