Bank Rakyat Indonesia (BBRI) Q4 2025 earnings summary

Executive summary

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

• Achieved 8.2% QoQ net profit growth in 4Q25, driven by resilient core earnings and cost discipline.

• 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.

• Consolidated financial statements audited and prepared in accordance with Indonesian Financial Accounting Standards, with an unqualified opinion from the independent auditor.

Financial highlights

• Total assets reached Rp2,135.4 trillion as of December 31, 2025, up from Rp1,992.2 trillion in 2024.

• Loan growth reached 12.3% year-on-year, led by corporate, consumer, and commercial segments.

• Net profit declined 5.3% year-on-year to Rp56.65 trillion, mainly due to absence of prior year one-off gains and higher credit costs.

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

• CASA ratio rose to 70.6% in 2025, up from 67.3% in 2024, reflecting strong retail funding momentum.

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%.

• The group continues to focus on risk management, capital adequacy, and compliance with regulatory requirements.