Amar Bank Distributes Rp 110.1 Billion in Cash Dividends

PT Bank Amar Indonesia Tbk, or Amar Bank, posted a net profit of Rp 71.12 billion in the first quarter of 2026, marking the highest net profit in the bank’s history. With this achievement, the digital bank, traded under the ticker code AMAR, is distributing a cash dividend of Rp 110.1 billion, or Rp 6.11 per share. The decision was announced following the Annual General Meeting of Shareholders (RUPST) and a Public Expose held in Jakarta on Thursday, 18 June 2026. Amar Bank President Director Vishal Tulsian stated that the positive performance in the first quarter of this year is evidence of the consistency of Amar Bank’s strategy in delivering safe and trusted digital financial solutions for the retail and MSME segments. “Our credit growth, which has successfully exceeded the industry average, demonstrates the high level of public trust in the digital financial solutions we provide,” he said in an official statement quoted on Saturday, 20 June 2026. The surge in profitability at the digital bank, which focuses on the retail and MSME segments, was underpinned by a strengthening of gross lending, which soared 30.62 percent year-on-year (yoy) to Rp 4.16 trillion. This figure is claimed as an expansion achievement that surpassed the average growth rate of the national banking industry. Alongside this financing activity, the company’s total assets also rose by 34.7 percent year-on-year to Rp 6.93 trillion. Revenue performance in the first quarter was also driven by market share expansion in high-yielding segments. The company recorded operating income increasing by 13.82 percent yoy to Rp 527.76 billion. Meanwhile, Net Interest Income (NII) grew by 15.58 percent yoy to Rp 370.2 billion. On the other hand, Amar Bank’s net Non-Performing Loan (NPL) ratio fell to 0.86 percent, a significant improvement compared to the March 2025 position of 1.48 percent. “This decline proves the company’s risk mitigation quality is at its best level through risk discipline and a strict credit portfolio analysis process.” In terms of capital adequacy, the Capital Adequacy Ratio (CAR) was recorded as strong at 99.17 percent. “The surge in third-party funds (DPK) of 115.46 percent yoy has also successfully optimised our cost of funds. Going forward, our focus is on maintaining healthy and consistent profit growth to ensure a strong financial foundation to support sustainable dividend payments for shareholders,” said Amar Bank SVP Finance David Wirawan. During its public expose, Amar Bank also outlined various strategies for 2026 to drive positive growth. The strategy focuses on technological innovation to accelerate growth in the retail and MSME segments, driving ecosystem-based growth through embedded banking services, and expanding support for potential sectors such as the creative industry.