PT Bank Rakyat Indonesia (Persero), or BRI, reported a net profit of Rp26.27 trillion in the first half of 2025.
This profit, attributable to the parent entity's owners, decreased by 11.53% year-on-year (yoy) compared to the Rp29.7 trillion achieved in the same period last year.
However, net interest and sharia income for the BBRI-coded issuer showed positive growth, reaching Rp73.27 trillion in the first half of 2025, a 2.8% yoy increase from Rp71.27 trillion in the first half of 2024.
According to Katadata, BRI's profit decline is attributed to increased impairment charges, rising from Rp18.5 trillion to Rp23.3 trillion in the first six months of the year.
Other operating expenses swelled from Rp34.2 trillion to Rp38.7 trillion, primarily due to a Rp4.77 trillion increase in impairment costs.
Based on BRI's financial report published on Thursday, July 31, 2025, credit disbursement grew by 5.97% to Rp1,415.6 trillion.
(Read: Indonesia's Top Jumbo-Asset Banks in Q1 2025)
BRI's gross non-performing loan (NPL) ratio slightly increased from 3.21% to 3.23%, while the net NPL ratio rose from 0.86% to 0.99%. However, the allowance for credit losses (ACL) ratio against productive assets decreased from 4.83% to 4.32%.
BRI's liquidity condition remains relatively comfortable, with the loan-to-deposit ratio (LDR) falling from 87.19% to 85.52%. The company's consolidated customer deposits (DPK) reached Rp1,482.11 trillion, a 9.1% increase compared to the same period last year.
BRI also recorded strong capitalization with a capital adequacy ratio (CAR) of 22.68%, although this is down from 23.23% in the first half of 2024.
The state-owned bank's total assets amounted to Rp2,106.37 trillion in June 2025, a 5.68% increase from Rp1,992.98 trillion in December 2024.
Liabilities totaled Rp1,784.29 trillion and equity was Rp322.07 trillion in June 2025.
(Read Katadata: BRI Profit Down 11.7% to Rp 26.3 Trillion in First Half, Pressured by Impairment Charges)