ANALISIS PENILAIAN KINERJA KEUANGAN DENGAN METODE ECONOMIC VALUE ADDED (STUDI KASUS PADA PT. BANK GANESHA (PERSERO), TBK PERIODE TAHUN 2020-2022)

Abstract

This research aims to determine the financial performance of PT. Bank Ganesha, Tbk is measured using the Economic Value Added Method which is listed on the Indonesia Stock Exchange throughout the 2020-2022 period. The EVA analysis technique is used in this research because it is considered better in measuring the added value capabilities provided by the company to its shareholders (investors). This research uses a quantitative approach using descriptive analysis methods, with data collection techniques through documentation, in the form of annual financial reports published by PT. Bank Ganesha and accessed via the official website of the Indonesian Stock Exchange. The results of this research indicate that the Financial Performance Assessment uses the Economic Value Added (EVA) Method at PT. Bank Ganesha, Tbk has an EVA value <0 or negative value, which means there is no process of adding economic value to the company. This decrease was influenced by changes in taxes and interest rates every year. This proves that by using the EVA method, it appears that PT. Bank Ganesha is not effective in creating economic value from 2020 to 2022.