Bank Mandiri Allocates Rp1.17 Trillion for Share Buyback to Maintain Investor Confidence
Jakarta, VIVA – The gold-rated banking issuer, PT Bank Mandiri (Persero) Tbk (BMRI), is increasingly aggressive in maintaining investor confidence. In addition to distributing jumbo dividends, the company has obtained approval to carry out a share buyback action worth up to Rp1.17 trillion.
The Annual General Meeting of Shareholders (AGMS) held on 29 April 2026 sets the buyback period for up to 12 months following the AGMS approval, until 29 April 2027. The repurchased shares will be held as treasury shares and transferred through the Employee Stock Ownership Programme for employees, Directors, and Non-Independent Commissioners, in accordance with the Financial Services Authority (OJK) regulations.
“This step is taken to maintain investor confidence in the company’s long-term prospects, supported by solid fundamentals,” stated the Company’s Management in a written statement on Thursday, 30 April 2026.
The buyback action is inseparable from the company’s solid performance throughout the 2025 fiscal year up to Q1 2026. The company recorded a consolidated net profit of Rp56.3 trillion in 2025.
This achievement was supported by annual credit growth of 13.4% (year-on-year/YoY) to Rp1,895 trillion. Third-party funds (DPK) also grew significantly by 23.9% annually to Rp2,106 trillion.
Positive performance continued into early 2026. Up to Q1 2026, the issuer with the BMRI code booked a consolidated net profit of Rp15.4 trillion, up 16.6% from the previous year. Profitability remained stable with a Return on Equity (ROE) for bank-only at 22.1%, while strong capitalisation was reflected in a Capital Adequacy Ratio (CAR) of 19.7%.
From an intermediation perspective, bank-only credit disbursement reached Rp1,530 trillion, surging 17.4% YoY and exceeding the industry average. Asset quality remained well-maintained, as indicated by a gross non-performing loan (NPL) ratio of 0.98%. Meanwhile, DPK up to March 2026 grew 21.1% YoY to Rp1,675 trillion.
The company also approved a dividend distribution of Rp44.47 trillion, equivalent to 79% of the 2025 fiscal year net profit. This marks the highest in the company’s history.
“This reflects the Company’s commitment to delivering optimal value to the state and all shareholders, without reducing Bank Mandiri’s capacity to continue growing,” said Bank Mandiri’s President Director, Riduan.