PT Bank Negara Indonesia (BBNI) Q3 2025 earnings summary

Executive summary

• Achieved 10.5% year-on-year consolidated loan growth, with total assets reaching IDR 1,269.5 trillion and third-party funds up 21.4% year-on-year.

• Digital transformation (wondr, BNIdirect) drove 13% CASA growth, mobile banking users up 275% year-on-year, and digital transactions up 64% year-on-year.

• Asset quality remained strong, with NPL stable at ~2% and Loan-at-Risk ratio improved to 10.4%.

• Fee-based income rose 11.5% year-on-year, supported by digital channels and trading activities.

• Net profit for the nine months ended September 30, 2025, was IDR 16.43 trillion, up from IDR 15.23 trillion in the same period last year.

Financial highlights

• Total operating income grew 8.7% quarter-on-quarter, with net interest income at IDR 29.44 trillion for 9M25 and non-interest income at IDR 17.3 trillion.

• OPEX increased 4.0% year-on-year, mainly from personnel and digitalization costs.

• Net profit for 9M25 was IDR 16.43 trillion, up from IDR 15.23 trillion in the prior year.

• NIM declined to 3.76% (from 4.15% in the prior year); ROE at 14.11%; CIR at 46.1%.

• Credit cost for the quarter was 1.1%, with full-year guidance maintained at ~1%.

Outlook and guidance

• Full-year loan growth target reaffirmed at 8%-10%, with credit cost expected to remain at ~1%.

• NIM guidance revised down to ~3.7% due to lower-than-expected NIM in the first nine months.

• Management expects stronger loan growth in 2026, supported by government initiatives and improved cost of funds.

• Dividend payout ratio targeted at no less than 65% for next year, subject to shareholder approval.

• Focus on digital expansion, asset quality, and sustainable finance.