Shares of state-owned Bank Negara Indonesia (BBNI) or BNI ended slightly higher by 0.46% to Rp5,425 last Friday (Dec 26) when the company reported net profit of Rp20.9 trillion in 2023, a growth of 14.2% from the previous year. Compared to peers, major banks, BNI is considered undervalued.To subscribe please click here