Bank Mandiri Net Profit Rises 16.7% in February 2025

Jakarta — PT Bank Mandiri (Persero) Tbk. (BMRI) recorded net profit growth of 16.7% year-on-year, reaching Rp8.9 trillion through February 2026.

The bank’s loan distribution reached Rp1.513.1 trillion, growing 15.7% year-on-year through the second month of 2026. This growth was accompanied by third-party fund collection (DPK) reaching Rp1.644.8 trillion, an increase of 16.3% year-on-year.

Novita Widya Anggraini, Director of Finance & Strategy at Bank Mandiri, stated that the performance improvement reflected increasingly active customer transactions across various Bank Mandiri service channels, particularly through digital platforms.

“Bank Mandiri’s net profit grew 16.7% year-on-year to Rp8.9 trillion through February 2026, coinciding with increased digital transaction activity through Livin’ by Mandiri, which drove growth in commission-based income,” said Novita in an official statement on Tuesday (10 March 2026).

Overall, through February 2026, transaction volumes via Livin’ by Mandiri continued to show significant growth trends, with total transactions exceeding 738.7 million since the start of the year, or approximately 28% year-on-year growth. This increase was driven by the expanding use of digital services by the public for various daily transaction needs, ranging from bill payments and digital product purchases to fund transfers between individuals and business actors.

Additionally, increased use of payment transactions across various merchants and business operators, including SMEs, further strengthened the role of Bank Mandiri’s digital services in supporting public economic activity and expanding transaction access.

In line with increased digital transaction activity, Bank Mandiri also recorded fee-based income growth from various payment services, transfers, and other digital transactions. This was reflected in fee-based income growth from Bank Mandiri’s various digital platforms, including Livin’ by Mandiri at Rp625 billion, which increased 45.3% year-on-year, and the wholesale platform Kopra by Mandiri at Rp421 billion, which grew 29.3% year-on-year, reflecting the increasing volume of customer transactions on the company’s digital channels.

Meanwhile, Bank Mandiri’s intermediation performance remained solid, reflected in net interest income (NII) of Rp13.7 trillion, growing 9.16% year-on-year. This performance was supported by sustained loan distribution and increasingly active customer transactions across Bank Mandiri’s various service channels, particularly Livin’ by Mandiri.

At the same time, operational efficiency continued to improve with the Cost-to-Income Ratio (CIR) declining to 37.21%, reflecting increasingly disciplined cost management and improved business productivity.

From an asset quality perspective, Bank Mandiri’s performance remained solid with the Non-Performing Loan (NPL) ratio at 0.98%, accompanied by a strong coverage ratio of 246.5%.

“Going forward, Bank Mandiri will continue to strengthen integrated synergies across all business lines to drive sustained growth acceleration whilst reinforcing the company’s competitive advantages. This approach aligns with Bank Mandiri’s role as a strategic partner to the government in supporting the strengthening of the national economic ecosystem,” Novita concluded.