<![CDATA[Profitability provides financial information for assessing banking stocks, yet previous studies have produced mixed findings regarding its relationship with stock prices. This study examines the effects of Return on Assets (ROA), Return on Equity (ROE), and Net Profit Margin (NPM) on the stock prices of Islamic commercial banks listed on the Indonesia Stock Exchange during 2021–2023. A quantitative approach with an associative design was employed. Purposive sampling selected four banks: Bank Syariah Indonesia, Bank BTPN Syariah, Bank Panin Dubai Syariah, and Bank Aladin Syariah, yielding 48 bank-quarter observations. Secondary data were collected from financial statements and stock price records. Multiple linear regression was performed using SPSS version 26, accompanied by classical assumption checks and partial and joint significance tests at the 5% level. The regression results show positive but statistically insignificant coefficients for ROA and ROE, while NPM has a negative and statistically significant effect on stock prices. The overall model is statistically significant, with a significance value of 0.043, and explains 16.7% of the variation in stock prices within the sample. These findings suggest that Islamic banking stock assessments should consider profitability ratios alongside other financial information and market conditions.]]>
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