{
    "success": true,
    "data": {
        "id": 1607610,
        "msgid": "btn-net-profit-surges-282-in-february-2026-1773301990",
        "date": "2026-03-12 14:17:36",
        "title": "BTN Net Profit Surges 282% in February 2026",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Finance",
        "summary": "PT Bank Tabungan Negara (BBTN) reported a net profit of Rp503 billion for February 2026, representing a year-on-year surge of 281.9% compared to Rp132 billion in the prior year period. The strong performance was driven by net interest income growth of 54.7% to Rp2.39 trillion, underpinned by rising lending and customer deposits alongside improved cost management strategies.",
        "content": "<p>Jakarta \u2013 PT Bank Tabungan Negara (Persero) Tbk. (BBTN) recorded a\nnet profit of Rp503 billion (bank only) through February 2026, surging\n281.9% year-on-year compared to Rp132 billion in the same period last\nyear.<\/p>\n<p>According to the company\u2019s monthly financial reports, the net profit\nincrease was supported by growth in interest income reaching Rp4.59\ntrillion through February 2026, up 11.7% year-on-year. Simultaneously,\nBTN successfully reduced interest expenses to Rp2.19 trillion, down\n14.4% year-on-year.<\/p>\n<p>This strategy drove BTN\u2019s net interest income (NII) to increase\nsignificantly to Rp2.39 trillion, up 54.7% year-on-year compared to\nRp1.55 trillion in the prior year period.<\/p>\n<p>On the operational front, BTN recorded operating profit of Rp636\nbillion, up 219.3% year-on-year compared to Rp199 billion in February\n2025. This increase reflects the effectiveness of the company\u2019s strategy\nin managing costs and strengthening business fundamentals.<\/p>\n<p>In the intermediation function, credit distribution by BTN reached\nRp341.16 trillion through February 2026, growing 8.6% year-on-year\ncompared to Rp314.09 trillion in the same period last year. This\nincrease in credit distribution also contributed to rising interest\nincome for the company in early 2026.<\/p>\n<p>On the funding side, third-party funds (DPK) also recorded positive\ngrowth at Rp375.28 trillion, up 13.2% year-on-year compared to Rp331.63\ntrillion in February 2025.<\/p>\n<p>Alongside growth in credit and customer fund collection, BTN\u2019s total\nassets increased 12.2% year-on-year to Rp459.29 trillion in February\n2026, compared to Rp409.36 trillion in February 2025.<\/p>\n<p>BTN President Director Nixon LP Napitupulu expressed confidence that\nthe company\u2019s performance will continue to improve throughout the year\nas the company pursues its business transformation. This optimism is\nsupported by a strengthened strategy beyond mortgage lending,\ndevelopment of a super app, and innovation across various business\nlines.<\/p>\n<p>\u201cWe are optimistic that performance this year will continue to grow\nalongside the transformation and innovation undertaken by the company to\nstrengthen business and improve services to the community,\u201d said Nixon\non Thursday (12 March 2026).<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/btn-net-profit-surges-282-in-february-2026-1773301990",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}