Bank Rakyat Indonesia (BBRI) investor relations material

Executive summary

• 9M26 net profit rose 16.8% YoY to Rp48,158,345 million from Rp41,232,236 million; EPS increased to Rp317 from Rp271.

• PPOP grew 10.9% to Rp96.1tn as funding costs fell and asset quality improved; 9M NIM was 7.4%, at the lower end of FY26 guidance.

• Deposits grew 12.0% and loans and financing 14.5%, exceeding FY26 loan-growth guidance of 8%–10%.

Financial highlights

• 9M26 net interest income rose 6.2% YoY; other operating income, including gold, increased 3.9% to Rp41.2tn.

• PPOP increased 10.9% to Rp96.1tn; operating profit grew 15.5% to Rp61.3tn and net profit rose 16.8% to Rp48.2tn.

• Total assets were Rp2,337.6tn, deposits Rp1,651.3tn and loans and financing Rp1,647.1tn at September 2026.

• Operating expenses declined 1.4% YoY to Rp64.1tn; personnel costs fell 0.6%, while G&A rose 10.3%.

Outlook and guidance

• FY26 NIM guidance remained 7.4%–7.8%; 9M NIM was 7.4%. Margin support expected from repricing, CASA growth, micro recovery and lower reserve requirements.

• Q4 margin levers include selectively repricing commercial, corporate and SME loans by 25–70 bps, normalizing special deposit rates, and growing higher-yield micro and payroll lending.

• FY26 credit-cost guidance was 2.9%–3.2% and CIR guidance 41%–43%; 9M results were 2.8% and 40%, respectively. CIR is expected to rise seasonally toward year-end.

• Micro cost of credit is expected to improve into 2027; Kupedes outstanding could return to positive YoY growth as disbursements recover gradually.