BTN Records February 2026 Net Profit Surging 281.9 Per Cent
Jakarta – PT Bank Tabungan Negara (Persero) Tbk (BTN) has continued demonstrating positive performance in early 2026. Through February 2026, the company recorded a net profit of Rp503 billion (bank only basis) or surged 281.9 per cent year-on-year compared to the same period last year of Rp132 billion.
According to the monthly financial reports on the company’s official website, the increase in net profit has been supported by growth in interest income reaching Rp4.59 trillion through February 2026 or expanding 11.7 per cent year-on-year. Simultaneously, BTN has successfully reduced interest expense to Rp2.19 trillion or declining 14.4 per cent year-on-year.
This strategy has driven BTN’s net interest income (NII) to increase significantly to Rp2.39 trillion, up 54.7 per cent year-on-year compared to the same period last year of Rp1.55 trillion.
From an operational perspective, BTN has also recorded operating profit of Rp636 billion, increasing 219.3 per cent year-on-year compared to February 2025 of Rp199 billion. This increase reflects the effectiveness of the company’s strategy in managing costs and strengthening business fundamentals.
This performance growth aligns with an enhancement in the company’s intermediation function. Through February 2026, BTN’s credit distribution reached Rp341.16 trillion or grew 8.6 per cent year-on-year compared to the same period last year of Rp314.09 trillion. The increase in credit distribution has also driven growth in the company’s interest income in early 2026. On the funding side, BTN’s third-party funds (DPK) have also recorded positive growth with a position of Rp375.28 trillion or increased 13.2 per cent year-on-year compared to February 2025 of Rp331.63 trillion.
In line with credit growth and public fund collection, BTN’s total assets increased 12.2 per cent year-on-year to Rp459.29 trillion as of February 2026, compared to the February 2025 position of Rp409.36 trillion. This growth reflects the company’s increasingly strong business fundamentals amid rising economic activity.
BTN Chief Executive Officer Nixon LP Napitupulu has previously expressed optimism that the company’s performance will continue to improve throughout this year in line with the business transformation being implemented. This optimism is supported by strengthening beyond-KPR strategy, superapps development, and innovation across various business lines.
“We are optimistic that this year’s performance will continue to grow in line with the transformation and innovation carried out by the company to strengthen business and enhance services to society,” said Nixon.