Top! Bank Mandiri Posts Net Profit of Rp15.4 Trillion in Q1 2026

Amid unrelenting global pressures from escalating geopolitical tensions and international financial market volatility, PT Bank Mandiri (Persero) Tbk (BMRI) has demonstrated business resilience with solid performance in the first quarter of 2026. This is evidenced by Bank Mandiri successfully booking a consolidated net profit of Rp15.4 trillion, representing a 16.6% year-on-year (YoY) growth.

Additionally, the profitability of the BMRI-listed issuer remains firmly maintained, as reflected in a Return on Equity (ROE) of 22.1%, along with a strong capital foundation with a Capital Adequacy Ratio (CAR) of 19.7%. This position provides ample room for Bank Mandiri to continue sustainable business growth while maintaining resilience against potential future market turbulence.

Bank Mandiri’s President Director, Riduan, stated that this performance is the tangible result of focused and impactful synergy efforts. Bank Mandiri itself prioritises the spirit of Sinergi Majukan Negeri through strengthening SME and creative economy synergies, as well as digital ecosystem synergies.

“The performance we have achieved not only reflects business growth but is the tangible result of focused synergies involving various elements of the national economy, in line with our commitment to continue being a major contributor in driving national economic growth,” Riduan said in a written statement, quoted on Thursday (23/4/2026).

From the intermediation performance side, Bank Mandiri showed consistent acceleration above the industry average across all major indicators in the first quarter of 2026. In the same period, Bank Mandiri’s credit disbursement was recorded at Rp1,530 trillion or up 17.4% YoY, above the industry average growth of 9.37% YoY (OJK data as of February 2026). On the funding side, third-party funds (DPK) on a bank-only basis were recorded at Rp1,675 trillion or increased 21.1% YoY, higher than the industry growth of 13.2% in the same period.

Furthermore, the funding structure is increasingly strong, as reflected in Current Account Saving Account (CASA) reaching Rp1,201 trillion or growing 12.7% YoY. Meanwhile, operational productivity is improving, as reflected in the BOPO ratio improving to 58.0% or better by 3.48% YoY.

Meanwhile, Bank Mandiri’s Corporate Banking Director, M. Rizaldi, explained that all business expansions are consistently balanced with disciplined asset quality management, with gross NPL on a bank-only basis maintained at 0.98% or improved by 3 bps YoY, far below the industry average of 2.17%, supported by adequate provisioning with an NPL Coverage Ratio of 245%.

Bank Mandiri Reinforces Role as Strategic Government Partner

Bank Mandiri actively plays a role in supporting various national priority programmes that directly impact the real sector and the wider community, covering People’s Business Credit (KUR), the 3 Million Houses Programme, Free Nutritious Meals, and Red and White Village Cooperatives.

In KUR disbursement, Bank Mandiri recorded a realisation of Rp11 trillion up to the first quarter of 2026, reaching more than 87,000 SME actors in various productive sectors. In the Free Nutritious Meals (MBG) programme, around 6,000 Nutrition Fulfilment Service Units (SPPG) have used Bank Mandiri’s Virtual Account services to strengthen accountable financial governance.

Support for equitable welfare is also realised through financing around 2,300 housing units in the 3 Million Houses Programme (FLPP), while at the village level, Bank Mandiri supports the aspirations of around 80,000 Red and White Village/Urban Village Cooperatives as part of strengthening the people’s economic ecosystem.

“Bank Mandiri actively plays a role as a strategic government partner in ensuring various national programmes run effectively and provide direct impact to the real sector and the wider community,” Riduan said.

Strengthening the Digital Ecosystem Drives Expansion of SME Support Across the Country

Bank Mandiri’s Finance & Strategy Director, Novita Widya Anggraini, stated that Bank Mandiri’s continuously growing digital capabilities serve as the main foundation in expanding ecosystem synergies and reaching all layers of the national economy through three main platforms serving individual, business, and SME digitalisation segments.

Livin’ by Mandiri is now used by around 39 million registered users, growing 27% YoY, with an average acquisition of around 27,000 new users every day, and transaction frequency growing 13% YoY to 1.24 billion transactions. Bank Mandiri also introduces Livin’ Call, a toll-free call centre service integrated into the Livin’ by Mandiri app, available 24 hours a day, 7 days a week, including when accessed from abroad without international connection fees.

In the business segment, Kopra by Mandiri has served around 335,000 registered users, growing 27% YoY, where 85% are SMEs, with transaction frequency growing 13% YoY to 395 million transactions. This shows the increasing adoption of Bank Mandiri’s digital services in supporting more efficient and integrated business activities.

On the other hand, Livin’ Merchant continues to strengthen Bank Mandiri’s role in driving SME digitalisation. This platform has been used by 3.3 million registered merchants or growing 28% YoY, of which 63% come from non-urban areas. This affirms Bank Mandiri’s commitment to expanding digital financial inclusion to various regions.

“All of Bank Mandiri’s digital capabilities are essentially a means for Bank Mandiri to reach customers effectively and efficiently operationally, even to the outermost islands, supporting inclusive community economic growth,” Novita said.

ESG Role Strengthened as Driver of Sustainable Growth

Bank Mandiri integrates Environmental, Social, and Governance (ESG) principles as a key driver for sustainable growth.