Indonesian Political, Business & Finance News

Bank Mega Agrees to Distribute Rp 2 Trillion Dividend, Up 90%

| Source: CNBC Translated from Indonesian | Banking
Bank Mega Agrees to Distribute Rp 2 Trillion Dividend, Up 90%
Image: CNBC

PT Bank Mega Tbk (MEGA) has agreed to distribute a cash dividend for the 2025 fiscal year amounting to Rp 2 trillion, or Rp 171.95 per share. This decision was taken at the Annual General Meeting of Shareholders (AGMS) held at the Bank Mega Tower Auditorium in Jakarta on Tuesday (31/3/2026). The dividend amount equates to 60% of the net profit for the fiscal year ending 31 December 2025, which stood at Rp 3.4 trillion. Last year, Bank Mega distributed a total dividend of Rp 1.05 trillion, or Rp 89.64 per share. Thus, the 2025 fiscal year dividend rose by 91.82% compared to the 2024 fiscal year dividend. The meeting also approved the allocation of Rp 35.1 million from profits as reserve funds to comply with Article 70 of the Companies Law. The remaining Rp 1.3 trillion will be recorded as retained earnings. The AGMS further decided on the distribution of bonus shares from the capitalisation of additional paid-in capital (share premium) with a total value of Rp 5.87 trillion. The company will distribute 11.74 billion bonus shares, allocated proportionally to each shareholder’s ownership on a 1:1 ratio. For information, Bank Mega recorded an after-tax profit of Rp 3.36 trillion in 2025, a 28% year-on-year increase from Rp 2.63 trillion in the previous year. Profit before tax (PBT) reached Rp 4.16 trillion, up from Rp 3.26 trillion in the same period the previous year. This profit growth was contributed by a 54% rise in fee-based income to Rp 2.79 trillion from Rp 1.82 trillion in the prior period, and disciplined efficiency measures. Meanwhile, Bank Mega’s total assets grew by 4% to Rp 140.83 trillion, compared to Rp 134.92 trillion the previous year. In terms of intermediation, loans expanded by 4% to Rp 67.23 trillion from Rp 64.65 trillion last year. The largest component of total loans is the corporate sector at Rp 46.30 trillion, accounting for a 69% share. Along with loan growth, asset quality remained stable with a gross non-performing loan (NPL) ratio of 1.65%. Third-party funds (DPF) showed growth to Rp 104.13 trillion, up 14% from Rp 91.67 trillion the previous year. The composition of DPF is still dominated by deposits, but low-cost funds or current account savings account (CASA) increased by 2% to Rp 28.14 trillion from Rp 27.57 trillion in the prior period. Consequently, the loan-to-deposit ratio (LDR) remains comfortable at 64.48%.

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