Superbank (SUPA) Will Not Distribute Dividends to Shareholders, Here's Why

JAKARTA, KOMPAS.com - PT Super Bank Indonesia Tbk (SUPA) has decided not to distribute dividends for the 2025 fiscal year. This decision was approved by shareholders at the Annual General Meeting of Shareholders (AGMS) held today, Monday (27/4/2026). The AGMS was the first to be conducted after the company listed on the Indonesia Stock Exchange (BEI) on 17 December 2025. Superbank’s Finance Director, Melisa Hendrawati, stated that the decision refers to the Limited Liability Company Law (UU PT), which stipulates that dividends may only be distributed if the company has a positive retained earnings balance. “Therefore, the bank has no plans to distribute dividends this year,” she said during a press conference in Jakarta on Monday. As noted in the prospectus, the company commits to distributing dividends to all shareholders as much as possible, amounting to 85 percent of the current year’s net profit if a positive retained earnings balance is recorded. “However, the future timeline will be very much in line with what we outlined in the prospectus,” she added. For information, this KBMI 2 bank with the stock code SUPA recorded a net profit of Rp99.68 billion for the 2025 fiscal year. This positive performance marks a turnaround from the previous fiscal year, which recorded a loss of Rp336.36 billion. Contacted separately, Superbank’s President Director, Tigor M. Siahaan, revealed that the company is not distributing dividends because the 2025 net profit will be used to develop the business going forward. “(The 2025 net profit will be used) to support business development in order to deliver better and more relevant service innovations for customers,” Tigor told Kompas.com on Monday. It is worth noting that last year’s net profit achievement was supported by a 160 percent year-on-year (yoy) growth in Net Interest Income to Rp1.6 trillion. It was also supported by loan expansion that grew 50 percent (yoy) to Rp9.6 trillion. Third-Party Funds (DPK) also increased significantly by 139 percent (yoy) to Rp11.8 trillion. Meanwhile, total assets grew 87 percent (yoy) to Rp21.3 trillion, reflecting healthy and measured business expansion.