PT Super Bank Indonesia (SUPA) Q1 2025 earnings summary

Executive summary

• Achieved net profit in Q1 2025, less than a year after the public launch of its digital banking app in June 2024, reflecting successful digital expansion and operational efficiency.

• Over 3 million digital customers by end of 2024, driven by strategic partnerships with Grab and OVO, expanding reach and trust.

Financial highlights

• Loan portfolio grew 145% year-over-year to IDR 7.60 trillion as of Q1 2025.

• Total assets increased 125% year-over-year to IDR 14.04 trillion.

• Third-party funds (TPF) rose more than tenfold year-over-year to IDR 7.1 trillion.

• Net interest income up 136% year-over-year to IDR 264 billion.

• Cost to Income Ratio improved from 158.19% in Q1 2024 to 80.18% in Q1 2025.

• Operating profit and net profit after tax turned positive compared to the same period last year.

Outlook and guidance

• Strong capital position with a Capital Adequacy Ratio (CAR) of 74.83% supports continued business expansion.

• Early 2025 profitability marks a key milestone for future growth and service innovation.