Bank Mandiri Books Rp 24.5 Trillion Profit, Loans Reach Rp 1,701 Trillion in Q2 2025
Four Key Takeaways
|
JAKARTA, Investortrust.id — PT Bank Mandiri Tbk, or BMRI, has reported consolidated loans of Rp 1,701 trillion in the second quarter of 2025, an 11% year-on-year increase that outpaced the banking industry’s average growth of 7.03% based on data from the Financial Services Authority. The lender booked a consolidated net profit of Rp 24.5 trillion, down 7.9% from Rp 26.6 trillion in the same period last year.
Director of Finance and Strategy Bank Mandiri Novita Widya Anggraini said on Friday, Sept 19, 2025, that the bank’s loan expansion underscored its active role in financing productive sectors. “We will continue to ensure that Bank Mandiri’s loan growth stays above the industry average,” Novita said during the bank’s Q2 performance presentation in Jakarta.
Broad-based Credit Growth
Novita explained that loan disbursement grew across all regions in Indonesia, with key sectors including construction, infrastructure, trade, energy, food and beverages, and labor-intensive industries. She stressed that partnerships with businesses had created a more inclusive expansion, strengthening export-oriented industries while providing a foundation for small businesses and retail segments.
Micro loans rose 12.6% year-on-year, highlighting Bank Mandiri’s role in supporting local economies and job creation. The bank’s gross non-performing loan ratio stood at 1.08% on a standalone basis, better than the industry average of 2.22%, while its loan-loss coverage ratio reached 273%, reflecting robust risk management.
Third-party funds totaled Rp 1,828 trillion at the end of June 2025, up 10.7% year-on-year, driven by low-cost funds. The share of Current Account and Savings Account (CASA) reached 78.4%, ensuring liquidity and cost efficiency.
Digital Ecosystem Expansion
Digital transformation remained a key driver. Livin’ by Mandiri, the bank’s super app, had 32.9 million users by mid-2025, up 27% year-on-year. Transaction frequency reached 2.23 billion, with total value hitting Rp 2,097 trillion, an 11% increase. About 91% of new accounts were opened digitally, and 87% of savings balances were integrated with Livin’.
Livin’ Merchant added 2.8 million merchants, growing 35% year-on-year, helping micro and small businesses digitize operations. Kopra by Mandiri, the corporate platform, processed Rp 12,170 trillion in transactions, a 22% year-on-year increase, with 706 million transactions recorded. Kopra contributed Rp 1.15 trillion in fee-based income, while Livin’ generated a 17% growth in fee income.
Green Financing Commitment
Bank Mandiri’s sustainable finance portfolio reached Rp 304.5 trillion in Q2 2025, up 9.6% year-on-year. Green financing stood at Rp 157.5 trillion, rising 13.3%, while social financing amounted to Rp 147 trillion, up 5.9%.
The bank’s environmental, social, and governance (ESG) efforts gained international recognition when Morgan Stanley Capital International raised its ESG rating from BBB in 2024 to AA in 2025, highlighting Mandiri’s role in Indonesia’s transition to a green economy.
At the close of trading, Bank Mandiri’s share price stood at Rp 4,400, within a 52-week range of Rp 4,250 to Rp 7,475. InvestingPro’s fair value models suggest an average valuation of Rp 5,551 per share, implying an upside potential of 26.2% from current levels. Analyst targets are slightly higher at Rp 5,848, with a spread ranging between Rp 3,600 and Rp 7,800.
Source: InvestingPro. Data as current as of time of publication.
Promo!
Analyze Indonesian banking stocks faster with InvestingPro — Investortrust readers enjoy an exclusive discount. Click here to access the offer.