PT Bank Mandiri (Persero) Tbk reported consolidated first-half 2026 net profit of IDR 30.4 trillion, an increase of 24.4% year on year, as Indonesia's largest lender by assets delivered a return on equity of 20.9% and maintained a capital adequacy ratio of 17.9%.
Total assets stood at IDR 2,528 trillion and total loans reached IDR 1,677 trillion, while the non-performing loan ratio came in at 1.01%, according to figures disclosed in the state-controlled bank's half-year investor communications.
STRONG PROFITABILITY AND CAPITAL METRICS
Return on equity of 20.9% represents one of the strongest profitability readings in the Southeast Asian banking sector and reflects the scale of Bank Mandiri's franchise across corporate, commercial and retail lending in Indonesia. The 24.4% year-on-year growth in consolidated net profit to IDR 30.4 trillion supports that profitability outturn.
The capital adequacy ratio of 17.9% keeps the bank comfortably above the minimum requirements set by Indonesian regulators and provides ample buffer for continued balance sheet growth. Total assets of IDR 2,528 trillion and total loans of IDR 1,677 trillion illustrate the scale of the group's lending franchise.
Bank Mandiri, majority-owned by the Indonesian government, is one of the country's four large state-owned banks and a bellwether for the domestic financial system. Its half-year performance is closely watched by investors as a proxy for the health of corporate credit demand and household lending across the archipelago.
LOW NPL AND HIGH CASA RATIO
Asset quality metrics remained strong during the first half, with the non-performing loan ratio at 1.01%. That reading sits at the lower end of the range for Indonesian large banks and indicates that credit conditions across the loan book remained benign despite the ongoing global rate environment.
The current and savings account ratio, a key measure of funding quality for banks, stood at 69.2% at the end of the first half. A high CASA ratio typically translates into a lower overall cost of funds, since current and savings accounts pay less interest than time deposits, supporting net interest margins.
The combination of a low NPL ratio and a high CASA ratio is a defining feature of Bank Mandiri's franchise and helps explain the strength of the group's profitability metrics. Management has consistently emphasised these two metrics as central pillars of the bank's operating model.
The H1 2026 disclosures underline Bank Mandiri's position as a bellwether for Indonesian banking and Southeast Asian financial services more broadly. A double-digit rise in profit alongside a 20%-plus ROE places the group among the more profitable large lenders across Asia.
The bank is expected to provide further colour on segment performance, funding trends and subsidiary contributions, including from Mandiri Sekuritas and its Islamic banking arm Bank Syariah Indonesia, in its accompanying investor materials and analyst briefings on the results.
Consolidated net profit of IDR 30.4 trillion, a 24.4% year-on-year advance, sits alongside a 20.9% return on equity, a 17.9% capital adequacy ratio, total assets of IDR 2,528 trillion, total loans of IDR 1,677 trillion, a 1.01% non-performing loan ratio and a 69.2% CASA ratio to sketch a picture of scale, profitability and asset quality that is characteristic of the group's positioning within the Indonesian financial system.