Analisis Rasio Keuangan Pada Sektor Perusahaan Perbankan Dengan Suku Bunga Sebagai Variabel Moderasi

Abstract

This study aims to analyze the effect of capital adequacy ratio (CAR), third party funds (TPF) and loan to deposit ratio (LDR) on the profitability of banking companies listed on the Indonesia Stock Exchange. In addition, this study also examines whether interest rates can moderate the relationship between CAR, TPF, and LDR with Profitability. The analytical method used in this study is a quantitative approach method with multiple linear regression analysis and moderation regression analysis. The results showed that CAR and LDR had a positive and significant effect on profitability, but TPF had no effect on profitability, this was due to the ineffective use of TPF. Meanwhile, the interest rate moderating variable is not able to moderate the effect of CAR, TPF, LDR on ROA. This was due to changes in the new banking regulatory policy with the obligation to provide minimum capital which had doubled from the previous policy so that the interest income was used in capital reserves, the TPF variable was caused by alternative investment competition during the Covid-19 pandemic with the a digital banking company that is more in demand by the public and global investors, the LDR variable is caused by a high LDR which indicates the bank is providing more loans than the number of deposits it has so that the existing interest income is used to offset loan costs.