BRI's net profit grows 13.74% to Rp15.5 trillion in Q1
Jakarta (ANTARA) - PT Bank Rakyat Indonesia (Persero) Tbk (BBRI), or BRI, recorded a net profit of Rp15.5 trillion in the first quarter of 2026, marking a 13.74% year-on-year (yoy) growth compared to the same period in the previous year.
BRI President Director Hery Gunardi stated that the company’s performance was supported by selective credit growth, increasingly efficient management of cost of funds, and maintained asset quality.
“With strong business fundamentals amid industry dynamics, supported by selective credit growth, increasingly efficient cost of funds management, and maintained asset quality, BRI successfully recorded a net profit of Rp15.5 trillion in the first quarter of 2026, or a 13.7% growth (yoy),” Hery said during the BRI Q1 2026 Financial Performance Media Briefing held online in Jakarta on Thursday.
The company’s performance was underpinned by interest income growth reaching Rp52.83 trillion in Q1 2026, a 5.94% increase (yoy).
On the other hand, interest expenses decreased by 9.31% to Rp12.68 trillion in the same period, thereby widening the bank’s net interest margin.
In terms of intermediation, the company recorded consolidated credit and financing disbursements of around Rp1.497 trillion as of March 2026, a 13% growth (yoy) compared to the same period in the previous year.
These disbursements were supported, among others, by KUR (People’s Business Credit) of Rp47.09 trillion to around 947,000 customers, while housing financing through the FLPP scheme reached Rp17.13 trillion for around 125,000 debtors.
The credit growth directly impacts society, particularly small business actors and the housing sector, which are the company’s main financing focus.
Meanwhile, broader access to financing opens up business expansion opportunities and home ownership for middle- to low-income communities.
However, amid the expansion, the company’s credit quality shows pressure, with the gross non-performing loan (NPL) ratio rising to 3.31% from around 3% previously.
Meanwhile, the net NPL also increased to 1.01%, reflecting growing risks along with the aggressiveness of credit disbursements.
On the funding side, the company mobilised third-party funds (DPK) of Rp1.555 trillion in Q1 2026, a 9.4% growth (yoy).
The composition of low-cost funds or CASA was recorded at 68.1% in Q1 2026, indicating the dominance of savings and current account-based funds that are more efficient.
Meanwhile, the company’s liquidity remains maintained, although the loan-to-deposit ratio (LDR) increased to 87.66%, signalling stronger intermediation function, though liquidity room becomes more limited.
As of Q1 2026, the company’s total consolidated assets were recorded at around Rp2.249 trillion, a growth of more than 7.2% (yoy) compared to the same period in the previous year.