Bank Mandiri's Profit Growth Reaches 16.7 Percent to 8.9 Trillion Rupiah by February
Jakarta — PT Bank Mandiri (Persero) Tbk recorded healthy business growth with net profit expanding 16.7 percent year-on-year to 8.9 trillion rupiah through February 2026.
Bank Mandiri’s Director of Finance and Strategy, Novita Widya Anggraini, stated that profit growth corresponded with increased digital transaction activity through Livin’ by Mandiri, which bolstered commission-based income growth.
Through February 2026, the bank’s digital transaction volume via Livin’ by Mandiri continued to show significant upward momentum with total transactions exceeding 738.7 million since the start of the year, expanding approximately 28 percent year-on-year.
Commission-based income (fee-based income) from various digital platforms recorded growth, including Livin’ by Mandiri at 625 billion rupiah, increasing 45.3 percent year-on-year, and the wholesale platform Kopra by Mandiri at 421 billion rupiah, growing 29.3 percent year-on-year.
Net interest income was recorded at 13.7 trillion rupiah, expanding 9.16 percent year-on-year.
The bank’s performance was supported by sustained credit distribution and increasingly active customer transactions across various Bank Mandiri digital service channels, particularly Livin’ by Mandiri.
Credit distribution expanded 15.7 percent year-on-year to reach 1,513.1 trillion rupiah. Meanwhile, third-party fund collection (DPK) grew 16.3 percent year-on-year to reach 1,644.8 trillion rupiah.
The bank noted that increased transaction activity strengthened collection of inexpensive funds based on transaction accounts, supporting the bank’s interest expense efficiency.
Simultaneously, operational efficiency continued to improve with the cost-to-income ratio (CIR) declining to 37.21 percent, reflecting more disciplined cost management and enhanced business productivity.
Regarding asset quality, Bank Mandiri’s performance remained solid with a non-performing loan (NPL) ratio at 0.98 percent, accompanied by a strong coverage ratio of 246.5 percent.
The bank stated that the performance reflected application of prudential principles in credit distribution and consistent risk management strengthening.
With solid business fundamentals, Bank Mandiri expressed confidence in maintaining growth momentum going forward.
Novita conveyed that the bank will continue to strengthen integrated synergies across all business lines to drive sustained growth acceleration whilst reinforcing the company’s competitive advantage.
This approach aligns with Bank Mandiri’s role as a strategic government partner in supporting the strengthening of the national economic ecosystem.