BTN Net Profit Surges 282% in February 2026

Jakarta – PT Bank Tabungan Negara (Persero) Tbk. (BBTN) recorded a net profit of Rp503 billion (bank only) through February 2026, surging 281.9% year-on-year compared to Rp132 billion in the same period last year.

According to the company’s monthly financial reports, the net profit increase was supported by growth in interest income reaching Rp4.59 trillion through February 2026, up 11.7% year-on-year. Simultaneously, BTN successfully reduced interest expenses to Rp2.19 trillion, down 14.4% year-on-year.

This strategy drove BTN’s net interest income (NII) to increase significantly to Rp2.39 trillion, up 54.7% year-on-year compared to Rp1.55 trillion in the prior year period.

On the operational front, BTN recorded operating profit of Rp636 billion, up 219.3% year-on-year compared to Rp199 billion in February 2025. This increase reflects the effectiveness of the company’s strategy in managing costs and strengthening business fundamentals.

In the intermediation function, credit distribution by BTN reached Rp341.16 trillion through February 2026, growing 8.6% year-on-year compared to Rp314.09 trillion in the same period last year. This increase in credit distribution also contributed to rising interest income for the company in early 2026.

On the funding side, third-party funds (DPK) also recorded positive growth at Rp375.28 trillion, up 13.2% year-on-year compared to Rp331.63 trillion in February 2025.

Alongside growth in credit and customer fund collection, BTN’s total assets increased 12.2% year-on-year to Rp459.29 trillion in February 2026, compared to Rp409.36 trillion in February 2025.

BTN President Director Nixon LP Napitupulu expressed confidence that the company’s performance will continue to improve throughout the year as the company pursues its business transformation. This optimism is supported by a strengthened strategy beyond mortgage lending, development of a super app, and innovation across various business lines.

“We are optimistic that performance this year will continue to grow alongside the transformation and innovation undertaken by the company to strengthen business and improve services to the community,” said Nixon on Thursday (12 March 2026).