ABSTRACT The purpose of this study was to analyze the performance of five sharia banks in Indonesia (BNI Syariah, BRI Syariah, BJB Syariah, Bank Syariah Bukopin, and Bank BTPN Syariah) twelve quarters before spin-off activity and twelve quarters after spin-off activity. The method used in this research was Wilcoxon Match Pairs Test with three ratios: ROA, FDR, and BOPO. The result of this s…