Bank Mandiri Posts Rp45.5 Trillion Net Profit in Nine Months as Credit and Digital Transactions Expand
PT Bank Mandiri (Persero) Tbk posted a consolidated net profit of Rp45.5 trillion for the first nine months of 2026, representing a 20.7% increase compared to the same period in the previous year, snips.stockbit.com reported. According to financial statements detailed by Kumparan.com, the profit growth was driven by strong credit expansion, accelerated digital transactions, and operational efficiency. Total revenue reached Rp90.6 trillion through September 2026, marking an 8.54% increase from Rp83.5 trillion a year earlier, Bloomberg Technoz reported.
The lender’s intermediary function showed strong momentum as bank-only loan disbursement climbed 16% year-on-year to reach Rp1.606 trillion by the end of September 2026, according to Kumparan.com. Third-party funds (Dana Pihak Ketiga) grew at an even faster pace, surging 17.7% year-on-year to Rp1.750 trillion, Bloomberg Technoz noted. This deposit growth surpassed the broader industry average, supported by expansions in the bank’s digital ecosystems. The Livin’ by Mandiri application added an average of 20,000 new users daily, pushing active users up 13% year-on-year by September 2026, Kumparan.com reported.
Asset Quality and Margin Pressures Shape Third-Quarter Performance
Despite the strong nine-month figures, Bank Mandiri experienced moderating net profit growth in the third quarter alone, rising 14% year-on-year compared to a 24% year-on-year jump in the first half of 2026, snips.stockbit.com reported.
Bank Mandiri Distributes Rp50.63 Trillion in Dividends
Bank Mandiri’s strong earnings foundation has paved the way for substantial shareholder returns. Throughout calendar year 2026, total distributed dividends reached approximately Rp50.63 trillion, combining the 2025 book year dividend of Rp44.47 trillion and an interim dividend for the 2026 book year totaling Rp6.16 trillion, CNBC Indonesia reported. Director of Finance and Strategy Novita Widya Anggraini stated that the interim distribution reflects the bank’s earnings capacity while balancing capital requirements for business expansion and risk management.
Management expects full-year 2026 net profit to comfortably exceed consensus estimates, requiring only Rp11.6 trillion in the fourth quarter to meet full-year projections, snips.stockbit.com noted. This performance supports an anticipated dividend payout ratio for the 2026 book year. Meanwhile, the bank continues to manage capital through periodic share buybacks directed toward employee stock ownership programs to align long-term workforce productivity with shareholder value, CNBC Indonesia reported.
Frequently Asked Questions About Bank Mandiri’s Third-Quarter Results
How much did Bank Mandiri’s third-quarter net profit grow year-on-year?
Bank Mandiri recorded a net profit growth of 14% year-on-year during the third quarter of 2026, bringing its cumulative nine-month net profit to Rp45.5 trillion, which represents a 21% increase compared to the same period in 2025, according to snips.stockbit.com.
What factors drove the growth in Bank Mandiri’s third-party funds?
Third-party funds expanded by 17.7% year-on-year to Rp1.750 trillion through September 2026, propelled heavily by the expansion of the bank’s digital ecosystem, including the Livin’ by Mandiri application which added roughly 20,000 new users daily, Kumparan.com reported.
How did asset quality indicators perform during the period?
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