PT Bank Mandiri (Persero) Tbk reported consolidated net profit of Rp15.4 trillion in Q1 2026, up 16.6 percent year-on-year. The performance was bolstered by 17.4 percent loan growth to Rp1,530 trillion and third-party funds of Rp1,675 trillion, both exceeding industry averages.
Bank Mandiri announced its Q1 2026 financial results at a Public Expose on April 21, 2026, in Jakarta. CEO Riduan stated net profit reached Rp15.4 trillion, with Return on Equity (ROE) at 22.1 percent and Capital Adequacy Ratio (CAR) at 19.7 percent.
"This position provides strong room for Bank Mandiri to continue sustainable business growth while maintaining resilience against potential market turbulence ahead," Riduan said.
Loan disbursements grew 17.4 percent year-on-year to Rp1,530 trillion, surpassing the industry average of 9.37 percent. Bank-only third-party funds rose 21.1 percent year-on-year to Rp1,675 trillion, exceeding the industry's 13.2 percent. Cost-to-income ratio (BOPO) improved to 58.0 percent, with gross NPL at 0.98 percent.
The bank strengthened sustainable financing, with a portfolio of Rp320 trillion up 8.8 percent year-on-year. In the quarter, it disbursed Rp3.6 trillion for green buildings and Rp5.2 trillion for biological natural resources. Phase II Green Bond of Rp5 trillion was fully realized, with 72 percent for biological natural resources and 28 percent for eco-friendly transport.
Coinciding with Earth Day on April 22, 2026, Bank Mandiri launched the Livin Planet feature in its Livin’ by Mandiri app. Deputy CEO Henry Panjaitan said the feature enables customers to calculate carbon footprints, contribute to tree planting, and access greenhouse gas emission reduction certificates in collaboration with IDX Carbon.
