Profit Up 55.84%, BTN Posts Rp1.6 Trillion Profit Through April 2026

Jakarta – PT Bank Tabungan Negara (Persero) Tbk (BTN) reported a net profit of Rp1.16 trillion on a bank-only basis for April 2026, up 55.84% year on year from Rp744 billion in the same period last year. Cited from BTN’s monthly financial report on Thursday, 21 May 2026, the buoyant profit growth was supported by a strengthening business fundamentals, funding cost efficiency, and improving asset quality. By April 2026, BTN recorded net interest income (NII) of Rp4.67 trillion, up 10.35% YoY from Rp4.23 trillion in April 2025.

At the same time, the group managed to curb interest expenses to Rp4.41 trillion, down 16.36% YoY from Rp5.27 trillion in the same period last year. The reduction in cost of funds was one of the main pillars supporting BTN’s profitability at the start of the year. On the operational side, BTN recorded operating profit of Rp1.49 trillion, up 48.6% YoY from Rp1.0 trillion in April 2025.

In line with profitability growth, the bank’s intermediation function continued to improve. By April 2026, BTN’s credit disbursement reached Rp344.07 trillion, up 8.70% YoY from Rp316.54 trillion in April 2025. Meanwhile, total assets rose to Rp445.70 trillion, up 8.07% YoY. In terms of funding, BTN’s third-party funds (DPK) stood at Rp357.83 trillion, up 6.31% YoY from Rp336.58 trillion in April 2025. The achievement also recorded a share of cheap funds (CASA) at 50% of total DPK.

Previously, BTN President Director Nixon LP Napitupulu expressed optimism that the transformation of the company’s business would continue to strengthen BTN’s growth sustainable. He added that BTN would also push beyond the mortgage business to meet the financial service needs of the Indonesian public.

“We are confident that BTN’s transformation will continue to strengthen the bank’s fundamental business. In addition to maintaining healthy and sustainable growth, BTN will continue to reinforce its role in supporting the national housing ecosystem and delivering financial services that are increasingly relevant to the needs of the public,” Nixon said.