Bank Mandiri Posts Solid Performance, Records Net Profit of Rp 15.4 Trillion
Amid unrelenting global pressures, Bank Mandiri continues to exhibit business resilience with solid performance in the first quarter of 2026. The bank, listed under the ticker BMRI, recorded a consolidated net profit of Rp 15.4 trillion, representing a 16.6% year-on-year (YoY) growth.
The company’s profitability remains firmly maintained, as reflected in a Return on Equity (ROE) of 22.1%, along with a strong capital foundation evidenced by a Capital Adequacy Ratio (CAR) of 19.7%. This position provides ample room for Bank Mandiri to pursue sustainable business growth while maintaining resilience against potential future market volatilities.
Bank Mandiri’s President Director, Riduan, stated that this performance is the result of focused and impactful synergy efforts. Bank Mandiri prioritises the spirit of Sinergi Majukan Negeri through strengthening synergies in SMEs and the creative economy, as well as digital ecosystem synergies.
“The performance we have achieved not only reflects business growth but is a tangible outcome of synergy focus involving various elements of the national economy, in line with our commitment to remain a key contributor in driving national economic growth,” said Riduan, quoted from Bank Mandiri’s Q1-2026 Public Expose, Tuesday (21/4/2026).
Growth Above Industry Average
Bank Mandiri’s intermediation performance in the first quarter of 2026 shows consistent acceleration above the industry average across all major indicators. On the lending side, lending as of March 2026 reached Rp 1,530 trillion, up 17.4% YoY, surpassing the industry average growth of 9.37% YoY (OJK data as of February 2026).
On the funding side, third-party funds (DPK) on a bank-only basis stood at Rp 1,675 trillion, an increase of 21.1% YoY, higher than the industry’s 13.2% growth over the same period.
The funding structure is also strengthening, as reflected in Current Account Saving Account (CASA) reaching Rp 1,201 trillion, up 12.7% YoY. Meanwhile, operational productivity is improving, as shown by the BOPO ratio improving to 58.0%, or a 3.48% YoY enhancement.
Bank Mandiri’s Corporate Banking Director, M. Rizaldi, explained that all business expansions are consistently balanced with disciplined asset quality management, with the gross NPL on a bank-only basis maintained at 0.98%, improving by 3 basis points YoY, well below the industry average of 2.17%, supported by adequate provisioning with an NPL Coverage Ratio of 245%.