PT Bank Mandiri (Persero) (BMRI) Q1 2025 earnings summary

Executive summary

• Consolidated total assets reached Rp2,463.7 trillion as of 31 March 2025, up from Rp2,427.2 trillion at year-end 2024.

• Net income for Q1 2025 was Rp14.53 trillion, a 2.9% increase year-over-year from Q1 2024.

• Comprehensive income for the period was Rp15.21 trillion, with earnings per share at Rp141.40.

• The bank maintained a strong capital position and continued to expand its loan and sharia financing portfolios.

Financial highlights

• Net interest and sharia income rose to Rp25.50 trillion, up 5.5% year-over-year.

• Total operating income (net interest, sharia, and premium) reached Rp25.93 trillion, up from Rp24.73 trillion in Q1 2024.

• Operating income before tax was Rp18.18 trillion, up 3.3% year-over-year.

• Total loans and sharia receivables stood at Rp1,625.3 trillion, with an allowance for impairment losses of Rp50.29 trillion.

• Customer deposits increased to Rp1,504.8 trillion, up from Rp1,446.2 trillion at year-end 2024.

Outlook and guidance

• Management expects continued growth in lending and deposits, supported by stable macroeconomic conditions.

• The bank will focus on digital transformation, risk management, and sustainable financing initiatives.

• Dividend payout for 2024 net income was approved at Rp43.51 trillion, paid in April 2025.