Bank Mandiri Profit Rises 16.7% to Rp8.9 Trillion in Early 2026, Driven by Digital Transactions

Jakartaweekly.com  — Bank Mandiri (BMRI) reported solid business performance in the first two months of 2026, supported by increasing customer transactions and the continued expansion of its digital services.

By February 2026, the bank recorded net profit of Rp8.9 trillion, representing 16.7% year-on-year (YoY) growth.

The bank’s loan disbursement reached Rp1,513.1 trillion, growing 15.7% YoY, while third-party funds (DPK) rose to Rp1,644.8 trillion, an increase of 16.3% YoY, reflecting sustained customer confidence in the bank’s services.

According to Novita Widya Anggraini, Finance and Strategy Director of Bank Mandiri, the improved performance was closely linked to rising customer transaction activity across the bank’s service channels, particularly digital platforms.

“Bank Mandiri’s net profit grew 16.7% year-on-year to Rp8.9 trillion through February 2026, supported by the increasing use of digital transactions through Livin’ by Mandiri, which also contributed to higher fee-based income,” Novita said in a statement on Tuesday.

Since the beginning of 2026, the Livin’ by Mandiri platform has recorded more than 738.7 million transactions, representing 28% YoY growth. The increase reflects the broader adoption of digital services for everyday transactions, including bill payments, digital purchases, and money transfers between individuals and businesses.

Rising digital payments across merchants and businesses, including micro, small, and medium enterprises (MSMEs), have also strengthened the role of Bank Mandiri’s digital ecosystem in supporting economic activity and expanding access to faster and more convenient financial transactions.

Along with the surge in digital activity, the bank also reported growth in fee-based income from payment services, transfers, and other digital transactions. Fee-based income generated through Livin’ by Mandiri reached Rp625 billion, growing 45.3% YoY, while its wholesale banking platform Kopra by Mandiri recorded Rp421 billion, up 29.3% YoY.

Meanwhile, the bank’s net interest income (NII) stood at Rp13.7 trillion, rising 9.16% YoY, supported by continued credit expansion and increasing customer transaction activity across Bank Mandiri’s service channels.

Stronger transaction activity has also helped boost low-cost deposits, improving the bank’s funding efficiency. At the same time, operational efficiency improved, with the cost-to-income ratio (CIR) declining to 37.21%, reflecting disciplined cost management and improved business productivity.

From an asset quality perspective, Bank Mandiri maintained a strong performance with a non-performing loan (NPL) ratio of 0.98% and a coverage ratio of 246.5%, reflecting prudent lending practices and consistent risk management.

With these strong fundamentals, Bank Mandiri remains optimistic about maintaining growth momentum.

“Going forward, Bank Mandiri will continue strengthening integrated synergies across all business lines to accelerate sustainable growth while enhancing the company’s competitive advantage. This also aligns with Bank Mandiri’s role as a strategic partner to the government in supporting Indonesia’s economic ecosystem,” Novita added.