Bank Mandiri's Net Profit Increased by 21.5% in the First Half of 2021

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Andrea Lidwina 30/07/2021 16:00 WIB

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Bank Mandiri Tbk (BMRI) recorded a net profit of Rp 12.5 trillion in the first half of 2021. This figure represents a 21.5% increase compared to the same period in the previous year, which was Rp 10.3

Bank Mandiri's Net Profit for the First Semester

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Bank Mandiri's Net Profit Increased by 21.5% in the First Half of 2021

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Bank Mandiri's Net Profit for the First Semester

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PT Bank Mandiri Tbk (BMRI) recorded a net profit of Rp 12.5 trillion in the first half of 2021. This figure represents a 21.5% increase compared to the same period in the previous year, which was Rp 10.3 trillion.

Bank Mandiri's net profit has generally shown an upward trend over the past five years. Its value, which stood at Rp 9.5 trillion in the first half of 2017, rose to Rp 12.2 trillion in the first half of 2018. Then, it increased again to Rp 13.5 trillion in the first six months of the following year.

However, this performance declined in the first half of 2020 due to the impact of the Covid-19 coronavirus pandemic. Net profit increased again from January to June 2021, in line with the company's digital innovation and expansion.

Bank Mandiri's total operating income reached Rp 52 trillion in the first half of 2021. This figure represents a year-on-year increase of 19.9%.

This was driven by a 21.5% increase in net interest income to Rp 35.2 trillion. Furthermore, fee-based income also increased by 17.3% to Rp 15.9 trillion.

Editor : Dimas Jarot Bayu

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."