Abstract:
This study aims to investigate the influence of financial ratio and macroeconomics
factors toward stock price of bank category KBMI 3 & 4. This research used
quantitative approach. There are seven independent variables used within this
study, which is BOPO, LDR, NPL, CAR, Inflation Rate, Exchange Rate USD/IDR
and BI Rate. Through purposive sampling, this research got 312 observations from
13 companies using quarterly data from 2017 – 2022. All variables are examined
by descriptive analysis, classical assumption test, multiple linear regression and
hypotheses testing. The outcome of this study reveals that partially, BOPO, NPL,
Inflation Rate and Exchange Rate have a negative significant influence toward
stock price, while CAR and BI rate have a positive significant influence toward the
stock price. In addition, LDR partially have positive but not significant effect
toward dependent variable. Simultaneously, all independent variables exert
significant influence toward the dependent variable, with the value of coefficient
determination 27.69%.
