# Mutual fund

# Bank Mandiri Awali 2026 dengan Fundamental Solid, Perkuat Ekonomi Kerakyata

# NEWS & RELEASE

##

Jakarta, February 23, 2026 - Bank Mandiri again recorded solid performance in early 2026, reinforcing its role as a strategic partner for the government in strengthening the people's economy and driving national economic growth. Based on the monthly financial report (bank only) for January 2026, the company's loan disbursement grew 15.62 percent year-on-year (YoY) to IDR 1,511.4 trillion.

This increase in loan disbursement also drove total assets to IDR 2,191.9 trillion, a 13.96 percent YoY increase, reflecting maintained business expansion quality in line with the strengthening of its intermediation function at the beginning of the year.

Bank Mandiri Director of Finance & Strategy, Novita Widya Anggraini, stated that this growth underscores the company's commitment to channeling financing to the productive sector, including the MSME ecosystem and businesses in various regions. This step aligns with Bank Mandiri's role as a strategic partner for the government in strengthening the national economic structure.

"This growth demonstrates the integrated synergy between business strategy, risk management, and ecosystem strengthening. We ensure that this accelerated growth continues while prioritizing prudent principles, thereby providing added value to the people's economy," said Novita in an official statement on Monday (February 23rd).

Furthermore, the funding structure also shows solid strength. Third Party Funds (TPF) on a bank-only basis were recorded at IDR 1,635.5 trillion, growing 17.29 percent year-on-year (YoY), in line with the strategy of optimizing funding and strengthening the customer base. These funds are dominated by low-cost funds, with a Current Account Savings Account (CASA) ratio maintained at 73 percent, supporting cost efficiency while strengthening the company's liquidity structure.

In terms of financial performance, Bank Mandiri posted a net profit of IDR 4.65 trillion as of January 2026, growing 16.18 percent year-on-year (YoY). This growth was driven by a 10.2 percent year-on-year increase in net interest income (NII) and a 27 basis point decrease in cost of funds (CoF) compared to the previous month, maintaining the CoF at 2.06 percent.

During the same period, commission-based income recorded solid growth in line with increased transaction activity across various business lines. Bank Mandiri's recurring fee-based income (FBI) grew 16.1 percent year-on-year, strengthening its increasingly balanced and sustainable revenue structure.

This growth also reflects increased productivity and effective cost management in driving optimal financial performance, as reflected in the improved Cost-to-Income Ratio (CIR) to 37.75%, down 3.44 percent from the previous month, which remained above 40%.

This performance was supported by accelerated digital transactions through Livin' by Mandiri, which grew 49.3 percent year-on-year, accompanied by a 27 percent year-on-year increase in Kopra by Mandiri activity. Furthermore, treasury transactions also increased 33 percent year-on-year, in line with the strengthening of digital transaction services and comprehensive financial management solutions for customers.

Novita further stated that strengthening the digital ecosystem is part of the strategy to create sustainable excellence and expand financial inclusion through the integration of Livin' by Mandiri services for retail customers, Kopra by Mandiri for the business and entrepreneur segment, and Livin' Merchant to support the digitalization of MSME transactions.

"We are directing the acceleration of our digital ecosystem to provide comprehensive and integrated services for the public and customers. Through stronger connectivity between segments, we want to ensure that every transaction and financing need can be met more easily, quickly, and relevantly with national economic developments," Novita added.

Meanwhile, in terms of credit quality, the Cost of Credit (CoC) as of January 2026 also recorded a decline of 21 basis points (bps) year-on-year, reaching 0.35 percent, with the Non-Performing Loan (NPL) ratio remaining stable at 0.97 percent, a 3 bps decrease year-on-year. This condition reflects Bank Mandiri's disciplined risk management and selectivity in financing expansion.

As a strategic partner of the government and part of the Danantara ecosystem, Bank Mandiri continues to direct financing to priority sectors that have a direct impact on economic growth and the empowerment of MSMEs. By strengthening the corporate, retail, and digital ecosystems that are connected from upstream to downstream, the bank, with the issuer code BMRI, ensures that each business line supports each other to create broader added value.

"Going forward, we will continue to strengthen collaboration with the government and various stakeholders to support the national development agenda. With solid fundamentals, maintained efficiency, and an adaptive strategy, we are optimistic that we can

##

###

###

####