Date of Publication :5th August 2025

Abstract: Rapid economic growth in the age of globalization and technical advancement encourages companies, including banks, to keep innovating and developing the right strategies to guarantee corporate sustainability. Usually, the merger approach, as with PT Bank Danamon Indonesia Tbk and PT Bank Nusantara Parahyangan Tbk, is followed. Given how important it is to evaluate the influence of this merger phenomenon on the bank's financial performance and health condition, it is worthwhile to investigate. This research is a quantitative analysis concentrating on the merger phenomena at PT Bank Danamon Indonesia Tbk. The objective is to assess the financial health of PT Bank Danamon Indonesia Tbk by evaluating the differences in financial performance before and after the merger, utilizing the CAMEL framework, which includes the Loan-to-Deposit Ratio (LDR), Return on Assets (ROA), Capital Adequacy Ratio (CAR), Non-Performing Loan (NPL), Net Profit Margin (NPM), and the ratio of Operating Cost to Operating Income (OCOI). Conducting tests utilizing SPSS software application version 27. The normality assessment employs the Shapiro-Wilk test, whereas the difference evaluation utilizes the paired sample t-test. The analysis determines that the health status of PT Bank Danamon Indonesia Tbk before and post-merger is in a healthy state. Furthermore, among the six financial ratios exhibiting variations post- merger, one notable example is the Capital Adequacy Ratio (CAR). The Loan-to-Deposit Ratio (LDR), Return on Assets (ROA), Non- Performing Loans (NPL), Net Profit Margin (NPM), and Operating Cost to Operating Income (OCOI) ratios remained constant following the merger.

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