Bank Rakyat Indonesia, one of the country's largest lenders, reported a first-half 2026 net profit of IDR 31.2 trillion, up 17.5% from the same period a year earlier, and raised its full-year loan growth guidance to a range of 8-10%.
The state-owned bank, known as BRI, said the strong earnings performance was supported by loan growth, lower funding costs and disciplined expense control across the group.
PROFIT GROWTH OUTPACES LOANS
Profit growth of 17.5% outpaced loan growth of 16.2% during the period. Funding costs fell, helped by a CASA ratio of 67.6%, while operating expenses rose only 0.7%.
On a bank-only basis, the cost of funds fell to 2.4% from 3.0%, the cost-to-income ratio improved to 39.2% from 41.9% and return on equity rose to 18.8% from 16.6%.
BRI's franchise centres on lending to Indonesian micro, small and medium-sized enterprises, with MSME loans of IDR 1,235.4 trillion, up 8.6% year on year, making up 75.1% of the portfolio.
GUIDANCE UPGRADE UNDERPINS OUTLOOK
Management raised its full-year 2026 loan growth guidance to 8-10% and kept its other targets unchanged, including a net interest margin of 7.4-7.8%, cost of credit of 3.1% and a cost-to-income ratio of 41-43%.
BRI presented the results to analysts on 31 August 2026.