Maybank Indonesia posts Rp1.43 trillion in nine-month pre-tax profit
Net interest income rose 4.3% to Rp5.75 trillion, while lending expanded and the bank's gross bad-loan ratio declined.
PT Bank Maybank Indonesia Tbk reported pre-tax profit of Rp1.43 trillion for the first nine months of 2026, supported by higher net interest income and improved asset quality. Profit after tax and non-controlling interests reached Rp957 billion.
The bank said net interest income increased 4.3% year on year to Rp5.75 trillion as interest expenses fell and subsidiaries generated more interest income. Its net interest margin widened by 14 basis points to 4.4%.
Loans reached Rp128.39 trillion at the end of September, up 6.8% from a year earlier. The gross non-performing loan ratio improved to 2.1% from 2.4%, while credit-loss provisions fell 10.2% to Rp749 billion.
Current and savings account deposits increased 16.7% to Rp79.81 trillion. Time deposits declined 28.5% as the bank adjusted its funding mix, which it said helped reduce funding costs.
Total non-interest income fell 8.5% to Rp1.67 trillion, with Global Markets trading income of Rp97 billion amid market volatility. Income from bancassurance, mutual funds, advisory services and subsidiaries nevertheless rose 2.3% to Rp1.58 trillion.
Gross operating income edged up 0.4% to Rp7.28 trillion, while operating expenses increased 2.6% to Rp5.15 trillion. Pre-provision operating profit stood at Rp2.14 trillion.
The bank's sharia business unit recorded pre-tax profit of Rp668 billion, an increase of 29.4%. Financing grew 18.4% to Rp32.46 trillion, while current and savings account deposits rose 12.6% to Rp25.58 trillion.
President director Steffano Ridwan said the bank would strengthen its business foundations and improve operational efficiency. Following its transformation into an integrated financial group in August 2026, he said its priorities included closer collaboration between entities to serve customers' financial needs.
