Bank Bumi Arta Tbk vs Merdeka Battery Materials Tbk. — how do they compare? Bank Bumi Arta Tbk trades at Rp745 (market cap 2.5T), while Merdeka Battery Materials Tbk. trades at Rp520 (market cap 56.16T). The key difference: Merdeka Battery Materials Tbk. is far larger — about 22.5× Bank Bumi Arta Tbk's market cap. Which is the better fit depends on your goals.
| BNBA | MBMA | |
|---|---|---|
Market Cap | 2.5T | 56.16T |
Trailing returns across standard periods
Latest headlines on both assets
PT Bank Bumi Arta (the company) was established under its original name of PT Bank Bumi Arta Indonesia on Mar 3, 1967 then changed to PT Bank Bumi Arta based on Notaries Deed dated Jul 19, 1989 and the deed of establishment was approved by the the Ministry of Justice dated Sept 14, 1992. The Company was merged with PT Bank Duta Nusantara (d/h PT Bank Pegawai) to improve operational banking network and to increase capital structure.The Company’s articles of association has been amended several times, most recently by notarial deed No. 8 of Fathiah Helmi, S.H., dated Mar 9, 2006, concerning company public offering.
Read more on BNBA →PT Merdeka Battery Materials Tbk (formerly PT Hamparan Logistik Nusantara) (the “Company”) was established based on Notarial Deed No. 66 of Darmawan Tjoa, S.H., S.E., Notary in Jakarta, dated 20 August 2019. The Company’s immediate parent entity is PT Merdeka Energi Nusantara (formerlyPT Batutua Tambang Abadi) (“MEN”) and its ultimate parent entity is PT Merdeka Copper Gold Tbk (“MDKA”), a company incorporated in Indonesia and listed on the Indonesian Stock Exchange (“IDX”).
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