Bank Rakyat Indonesia (BBRI) Q4 2025 earnings summary

Executive summary

• Management team refreshed with five new directors, ensuring stability and execution strength.

• Achieved consolidated net profit of Rp57.1 trillion for 2025, with total comprehensive income of Rp60.0 trillion.

• Indonesian GDP grew 5.1% year-on-year in 2025, with resilient but uneven recovery across segments.

• Strategic focus on transforming funding franchise, digital optimization, and asset quality improvement.

• Subsidiaries contributed 19.4% to consolidated net profit, with Pegadaian and PNM showing robust growth.

Financial highlights

• Total consolidated assets reached Rp2,135 trillion as of December 31, 2025, up from Rp1,992 trillion at year-end 2024.

• Total consolidated loans and financing grew 12.3% YoY to Rp1,521.5T; micro loans comprised 42.6% of the portfolio.

• Net interest margin stood at 7.8% in December 2025, above guidance.

• Net profit was Rp57.1T, down 5.3% YoY due to higher credit costs.

• Pre-provision operating profit (PPOP) increased 2.6% YoY and 15.4% quarter-to-quarter.

Outlook and guidance

• 2026 loan growth guided at 7%-9%, mainly from consumer, commercial, and corporate segments.

• NIM guidance for 2026 at 7.4%-7.8%, assuming further rate cuts and normalized liquidity.

• Cost of credit expected at 2.9%-3.2% in 2026, with continued normalization in micro asset quality.

• Cost-to-income ratio guidance for 2026 at 41%-43%.

• Management expects continued growth in loans and deposits, with a focus on UMKM lending.