Profitability as a Mediator for the Effect of Capital Structure and Financing Risk on the Value of Islamic Commercial Banks in Indonesia


  • An Nisa Uswatun UIN Maulana Malik Ibrahim Malang
  • Esy Nur Aisyah UIN Maulana Malik Ibrahim Malang



The existence of competition between banks in Indonesia makes all conventional and Islamic banking sectors must continue to strive to stabilize their finances and company values. The value of the company can be influenced by several factors, the value of the company itself can also be seen from the acquisition of the price of the shares owned. This study aims to test the effect or not of DER, DAR and NPF through mediation by profitability (return on assets). This study used an explanatory quantitative method with a sample of 6 Sharia Commercial Banks that met the research criteria. The data analysis used is SPSS 25 and SmartPLS 3. The result of this study is that the three variables DER, DAR and NPF did not have a significant effect on EVA and also ROA. ROA is also unable to mediate the influence of the three free variables on their bound variables.