PT Bank Negara Indonesia (BBNI) Q2 2025 earnings summary

Executive summary

• Consolidated assets reached IDR 1,201.7 trillion as of June 30, 2025, up 12% year-over-year, with loans up 7.1% and third-party funds up 16.5%.

• Net profit for H1 2025 was IDR 10.57 trillion, down 5.6% year-over-year due to margin pressure and higher provisioning.

• CASA ratio improved to 72%, with CASA balances up 18.7% year-over-year, driven by digital initiatives.

• Asset quality remained strong, with LAR at 11% and NPL stable at 1.9%.

• Digital platforms (wondr, BNIdirect) saw robust user and transaction growth, supporting low-cost funding.

Financial highlights

• Net interest income rose 2.3% year-over-year, but NIM declined to 3.8% from 4.0% year-over-year.

• Operating expenses increased 3% year-over-year, mainly from personnel and digitalization costs.

• Fee-based income grew 4% year-over-year, led by trading activities and e-channel fees.

• LDR improved to 86.2%, and CAR remained strong at 21.1%.

• Provisioning charges rose 7.9% year-over-year, reflecting prudent risk management.

Outlook and guidance

• FY25 loan growth guidance maintained at 8–10% year-over-year; NIM guidance revised to ≥3.8%.

• Credit cost guidance unchanged at ±1.0%.

• Deposit growth expected to benefit from improved liquidity as SRBI maturities return and government spending increases.

• Fiscal and monetary policy expected to support liquidity and loan growth in 2H25.

• The bank maintains a strong capital position with a CAR of 21.28% as of June 30, 2025.