COMPARATIVE ANALYSIS OF JAGO BANK AND ALLO BANK FINANCIAL PERFORMANCE FOR THE PERIOD 2019 - 2023

Background: A bank is a business entity that stores customer savings and distributes them back to the community through credit or other forms to enhance the standard of living. Research Purpose: This research aims to compare the financial performance of Jago Bank and Allo Bank during the 2019-2023 period. Research Method: This research is a comparative descriptive research. The data used is secondary data in the form of banking annual financial reports which are reported to the Financial Services Authority (OJK). Data analysis was carried out using CAMEL (capital, assets, management, earning, dan liquidity) analysis with the financial ratios used being CAR (Capital Adequacy Ratio), NPL (Non Performing Loan), NIM (Net Interest Margin), ROA (Return on Asset), BOPO (Operating Costs and Operating Income), and LDR (Loan to Deposit Ratio). The analysis technique used to compare the performance of Jago Bank and Allo Bank was the Independent Sample T-Test. Findings: Analysis showed the average NPL, ROA, BOPO, and LDR ratios. There is no significant difference between Jago Bank and Allo Bank, while the average CAR ratio is significantly different between Jago Bank and Allo Bank. Conclusion: Jago Bank Health Level: CAR, NIM are in a very healthy condition or criteria and ROA, BOPO, LDR, are in an unhealthy condition or criteria. Allo Bank Health Level: CAR, NPL, NIM, ROA, BOPO, are in a very healthy condition or criteria and LDR is in an unhealthy condition or criteria.