PT Super Bank Indonesia (SUPA) Q3 2024 earnings summary

Executive summary

• Achieved strong, sustainable growth in Q3 2024 across loans, third-party funds, and customer base, supported by digital innovation and ecosystem partnerships.

Financial highlights

• Third-party funds (TPF) reached IDR 3.2 trillion, up 328% year-over-year by September 2024.

• Loan distribution grew to IDR 4.9 trillion, a 189% year-over-year increase.

• Total assets rose 77% year-over-year to IDR 9.7 trillion.

• Net interest income doubled to IDR 399 billion, up 100% year-over-year.

Outlook and guidance

• Focus remains on leveraging ecosystem partnerships and digital solutions to expand accessible banking services nationwide.