Bank BJB Posts Profit Growth and Strengthens Business in Q1 2026

PT Bank Pembangunan Daerah Jawa Barat dan Banten Tbk (bank bjb), listed on the Indonesia Stock Exchange under BJBR, recorded positive results in the first quarter of 2026 amid dynamics in the banking industry and global economic challenges. The company posted net profit attributable to owners of the parent entity (PATMI) of Rp410 billion in Q1 2026. That figure rose by 13.3% quarter-on-quarter (QoQ) and 3% year-on-year (YoY), supported by strengthening business fundamentals, higher net interest income, and more efficient cost management. Profit growth was backed by an increase in consolidated Net Interest Income (NII) to Rp2.05 trillion, up 13% YoY. The improvement in net interest income was underpinned by optimising the mix of the loan portfolio and strategies for more efficient funding cost management. Bank bjb’s President Director, Ayi Subarna, said the Q1 2026 achievement reflected the group’s efforts to maintain healthy business fundamentals through stronger intermediation, operational efficiency, and ongoing service transformation. ‘Amid the dynamics of the banking industry and evolving economic conditions, bank bjb seeks to sustain healthy business growth while continue to prioritise asset quality, liquidity, and the needs of customers and stakeholders,’ said Ayi Subarna. In terms of intermediation, total consolidated credit and financing stood at Rp141.2 trillion. Meanwhile, third-party funds (DPK) grew to Rp159.9 trillion, up 3.9% YoY. The bank’s liquidity remained well managed, with a Loan-to-Deposit Ratio (LDR) of 83.5%. Asset quality likewise remained safeguarded through prudent application of risk management principles. The group continued to strengthen provisions to bolster balance-sheet resilience in the face of market dynamics and economic conditions. Bank bjb’s digital transformation showed positive progress. As at March 2026, the number of DIGI bank bjb users reached 1.87 million, while fee-based income from electronic channels amounted to Rp115.7 billion. In the digital ASN loan segment through bjb KGB Pisan, outstanding credit stood at Rp159.8 billion, up 154.1% YoY and up 30.9% QoQ. The number of accounts (Number of Accounts/NoA) rose to 9,702 accounts. According to Ayi Subarna, digital transformation continues to be directed at improving service quality and transaction access for customers, while supporting operational efficiency. ‘The group will continue to strive to sustain healthy and sustainable business growth through enhanced services, digital innovation, and synergy within the bank bjb Group Ecosystem (Kelompok Usaha Bank, KUB), while continuing to consider economic conditions and industry dynamics,’ he said. Bank bjb’s performance is also supported by the positive growth outlook for the West Java and Banten economies. The two regions remain among the major contributors to national economic growth and form the company’s main business base. In addition to strengthening business performance, bank bjb continues to promote the implementation of Environmental, Social, and Governance (ESG) principles. By Q1 2026, bank bjb’s sustainable financing portfolio reached Rp14.2 trillion and its sustainable bond stood at Rp1.9 trillion. The group also continued to support financing for UMKM, KUR, FLPP, and various other sustainability programmes. In carrying out its business transformation, bank bjb continues to uphold prudent principles, good corporate governance, and consumer protection in line with regulator requirements. With strengthened business fundamentals and ongoing transformation, bank bjb seeks to strengthen its position as one of the largest regional development banks in Indonesia.