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Bank Jago (ARTO) Profit Rises 42.31% in Q1 2026

Nabilah Muhamad 27/04/2026 10:18 WIB

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PT Bank Jago Tbk (ARTO) recorded a net profit of Rp85.77 billion in the first quarter of 2026. This achievement represents a year-on-year (YoY) growth of 42.31%.

Bank Jago’s Revenue and Net Profit in Q1 (2025–2026)*

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Bank Jago (ARTO) Profit Rises 42.31% in Q1 2026

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Bank Jago’s Revenue and Net Profit in Q1 (2025–2026)*

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PT Bank Jago Tbk (ARTO) recorded a net profit of Rp85.77 billion in the first quarter of 2026.

This net profit surged by 42.31% from the first quarter of last year (year-on-year/yoy), which was Rp60.77 billion.

The increase in this digital bank's profit is in line with the rise in interest and sharia income, which grew by 22.96% (yoy) to Rp727.31 billion in the first quarter of this year.

Profit Soared by 115% in 2025)

According to Bank Jago's CEO, Harris Tandjung, the positive performance in the first quarter of 2026 was driven by an increase in the number of customers, third-party funds (DPK), and credit disbursement.

By the end of the first quarter of 2026, Bank Jago's total customers reached 19.4 million, including 15.2 million funding customers of the Jago and Jago Syariah apps.

In terms of the bank's fund collection, Bank Jago's DPK reached Rp26.4 trillion, an increase of 23% year-on-year (yoy).

The digital bank also disbursed Rp25.2 trillion in credit in the first quarter of 2026, an increase of 24% year-on-year (yoy).

"Amid the global and domestic economic dynamics, we remain cautious in maintaining the company's healthy performance while seeking opportunities for sustainable growth," said Arief in his press release on Friday (24/4/2026).

By the end of March 2026, ARTO had assets worth Rp39.53 trillion. This value grew by 8.29% from the end of December 2025, which was Rp36.50 trillion.

(Bread: Rising from Losses, Superbank Records a Profit of Rp99.68 Billion in 2025)

Editor : Erlina Fury Santika

"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."