Jakarta – PT Bank Rakyat Indonesia (Persero) Tbk. (BBRI) reported a net profit of IDR 57.13 trillion for the full year 2025, a decrease of 5.26% year-on-year (yoy) from IDR 60.30 trillion in 2024. The results, while representing a decline in profitability, come amidst a period of global economic uncertainty and shifting dynamics within the Indonesian banking sector.
The bank’s top line performance showed improvement, with interest income reaching IDR 207.78 trillion, a 4.27% yoy increase. Interest expense also saw a modest rise of 1.2% yoy to IDR 57.28 trillion. Net interest income, along with insurance service income, increased by 5.54% yoy to IDR 151.8 trillion throughout the year.
BRI’s consolidated lending grew significantly, reaching IDR 1,521.49 trillion, an increase of 12.31% yoy at the end of 2025. Total assets also expanded to IDR 2,135.37 trillion. This robust loan growth, however, was accompanied by a slight deterioration in asset quality. The gross non-performing loan (NPL) ratio increased to 3.29%, and the net NPL ratio rose to 0.96%.
On the funding side, third-party funds (DPK) totaled IDR 1,466.84 trillion at the end of 2025. A significant portion of these funds, 70.61%, comprised current account and savings account (CASA) deposits, indicating a relatively stable and low-cost funding base. However, liquidity tightened, with the loan-to-deposit ratio (LDR) reaching 91.96%.
The decline in net profit, despite growth in lending and assets, reflects a complex interplay of factors. Increased operating expenses, rising interest rates, and a slight uptick in credit risk all contributed to the lower profitability. The bank did not provide a detailed breakdown of operating expenses in the provided source material, but the overall trend suggests increased costs associated with maintaining and expanding its operations.
BRI’s performance in 2025 is particularly noteworthy given the broader economic context. The bank operates primarily within the micro, small, and medium-sized enterprise (MSME) sector, which is often more vulnerable to economic shocks. The ability to maintain loan growth and a relatively healthy CASA ratio suggests effective risk management and a strong customer base.
The increase in the NPL ratio, while modest, warrants attention. A rising NPL indicates that a larger proportion of loans are becoming delinquent, potentially requiring increased provisions for loan losses. This could further impact profitability in future periods. However, the net NPL ratio remaining below 1% suggests that the bank is effectively managing its credit risk.
The tightening liquidity, as indicated by the LDR of 91.96%, could also pose a challenge. A high LDR suggests that the bank is relying more heavily on deposits to fund its lending activities, potentially limiting its ability to expand credit further. Maintaining a comfortable LDR is crucial for ensuring financial stability and flexibility.
Earlier in 2025, BRI reported a net profit of IDR 13.8 trillion in the first quarter, representing a 13.92% decrease compared to the same period in 2024. This initial decline signaled a challenging year for the bank. A separate report from , indicated that BRI Group recorded a profit of IDR 26.53 trillion in the first semester of 2025, down from IDR 29.90 trillion in the same period the previous year. Despite this decrease, assets increased by 6.52%.
In Q1 2025, BRI’s lending reached IDR 1,416.62 trillion, a 5.97% yoy increase, with a gross NPL ratio of 3.23% and a net NPL of 0.99%. This data, consistent with the full-year results, demonstrates a pattern of loan growth accompanied by a slight increase in credit risk. The bank’s focus on digital transformation and risk management improvements, as highlighted in an earnings call transcript, appears to be aimed at mitigating these risks and sustaining growth.
Looking ahead, BRI’s ability to navigate the evolving economic landscape and maintain its position as a leading lender to the MSME sector will be crucial. Managing liquidity, controlling operating expenses, and effectively managing credit risk will be key priorities. The bank’s continued investment in digital technologies and financial inclusion initiatives will also be essential for driving sustainable growth and profitability.
