HOW IS BRISYARIAH Tbk FINANCIAL PERFORMANCE IN COVID 19 PANDEMY? (ECONOMY VALUE ADDED AND DU PONT APPROACH)

This study aims to determine the financial performance of Bank BRISyariah TBK for the period 2018-2020. The measurement method of BRISyariah’s performance is through the Du Pont analysis approach, using the ratio of net profit margin (NPM), return on investment (ROI), total asset turnover (TAT) and Economy Value added (EVA). The data used is secondary data derived from the financial statements of Bank BRISyariah Limited for the 2018-2020 period which are listed on the IDX. The results of the study show that BRISyariah Bank during 2018-2020 experienced fluctuating changes. For ROI, NPM, and TAT decreased in 2019 (at the beginning of the covid 19 pandemic) when compared to 2018 where there was no Covid 19 pandemic and the same thing with the EVA approach which does not provide additional economic value because it is negative. In 2020 (the COVID-19 pandemic has lasted for one year) ROI, NPM and TAT have begun to increase again and there is an addition of positive economic value in terms of the Economic Value added (EVA) approach. This shows that BRISyariah’s performance quickly recovered from the turmoil of the economic crisis during the Covid 19 pandemic.