Bank Neo Commerce's Net Profit Increases, CAR Also Boosted

PT Bank Neo Commerce Tbk began 2026 with stable and consistent performance, recording a net profit of Rp136.98 billion in the first quarter of 2026. This figure continues the positive performance trend from the previous year. On the funding side, third-party funds (DPK) as of 31 March 2026 were recorded at Rp13.42 trillion, contracting by 1.97% from Rp13.69 trillion in the first quarter of 2025. Regarding the composition of DPK, there was an increase in savings by 8.62% from Rp3.22 trillion in the first quarter of 2025 to Rp3.50 trillion in the same period this year. Meanwhile, deposits experienced a contraction of 2.18% from Rp9.56 trillion in the first quarter of the previous year to Rp9.35 trillion in the first quarter of 2026. This aligns with the bank’s strategy to continuously increase the proportion of low-cost funds by enhancing transaction capabilities, resulting in a CASA ratio of 30.34% at the end of the first quarter of 2026. The loans disbursed by Bank Neo Commerce as of 31 March 2026 were recorded at Rp7.03 trillion, contracting by 17.24% from the same period in the previous year, which was Rp8.49 trillion. BNC consistently maintains credit quality, with the net Nonperforming Loan (NPL) as of 31 March 2026 remaining stable at 0.43%. “We continue to strive to run our business well and still pay attention to governance. We focus on driving credit growth in the digital retail segment cautiously and strengthening the digital ecosystem,” said the President Director of PT Bank Neo Commerce Tbk, Eri Budiono, on Saturday, 2 May 2026. On the total assets side, as of 31 March 2026, there was an increase of 0.94%, from Rp18.17 trillion at the end of March 2025, to Rp18.34 trillion in March 2026. In terms of efficiency, the ratio of operational expenses to operational income (BOPO) as of 31 March 2026 was at 83.68%. Meanwhile, the Cost to Income ratio (CIR) was recorded at 32.93%, and the Net Interest Margin (NIM) was at 13.50%. The Capital Adequacy Ratio (CAR) was recorded at 50.60%, a significant increase compared to 35.81% in the same period the previous year, caused by the increase in net profit. This high CAR ratio indicates that the bank has strong capitalisation, supported also by the bank’s adequate liquidity conditions, allowing the bank to carry out business expansion amid dynamic economic turbulence and reflecting improvements in risk management.