Bank Mandiri Records Profit of Rp 8.9 Trillion in February
Bank Mandiri has recorded net profit of Rp 8.9 trillion through February 2026. “Bank Mandiri’s net profit grew 16.7 per cent year-on-year to Rp 8.9 trillion through February 2026,” said Director of Finance & Strategy at Bank Mandiri Novita Widya Anggraini in a written statement on Tuesday, 10 March 2026.
Novita stated that the growth in Bank Mandiri’s net profit occurred in line with increased digital transaction activity by the public through Livin’ by Mandiri. The rise in transactions also drove growth in commission-based income.
Through February 2026, transaction volume via Livin’ by Mandiri reached more than 738.7 million transactions since the start of the year, or grew approximately 28 per cent year-on-year.
Novita explained that this increase occurred because the public increasingly utilises various digital services for their daily transaction needs, such as bill payments, purchases of digital products and services, and fund transfers between individuals and business actors.
In line with the increased digital transaction activity, Bank Mandiri recorded growth in commission-based income (fee-based income) derived from various payment, transfer, and other digital transaction services.
Bank Mandiri recorded commission-based income from various Bank Mandiri digital platforms, including Livin’ by Mandiri of Rp 625 billion, or up 45.3 per cent year-on-year.
Meanwhile, the wholesale platform Kopra by Mandiri recorded Rp 421 billion, or grew 29.3 per cent year-on-year, in line with increased transaction volume by customers on the company’s digital channels.
Bank Mandiri recorded credit disbursement growth of 15.7 per cent year-on-year in February. Bank Mandiri stated it has disbursed credit of Rp 1,513.1 trillion in the second month of the year.
Credit growth was accompanied by third-party fund collection (DPK) that reached Rp 1,644.8 trillion, or increased 16.3 per cent year-on-year.
Bank Mandiri’s intermediation performance remained healthy, as reflected in net interest income (NII) of Rp 13.7 trillion, or up 9.16 per cent year-on-year.
At the same time, Bank Mandiri recorded improved operational efficiency as the Cost-to-Income Ratio (CIR) declined to 37.21 per cent.
From the asset quality perspective, Bank Mandiri recorded a Non-Performing Loan (NPL) ratio at 0.98 per cent, accompanied by a coverage ratio of 246.5 per cent.
With such strong business fundamentals, Bank Mandiri is optimistic it can maintain growth momentum going forward.
“Going forward, Bank Mandiri will continue to strengthen integrated synergies across all business lines to drive sustainable growth acceleration whilst strengthening the company’s competitive advantage,” said Novita.