BRI's Financial Performance Through November 2025

Profit Declines Despite Revenue Growth

PT Bank Rakyat Indonesia (BRI) reported a Rp 45.44 trillion profit for the first eleven months of 2025, marking a 9.12% year-on-year decrease. This decline was primarily driven by sluggish growth in net interest income, which rose only 2.5% to Rp 103.4 trillion during the same period.

Key Factors Contributing to Performance

1. Net Interest Income Growth: The bank's net interest income grew by 2.5% to Rp 103.4 trillion, reflecting a slow pace. This was largely due to a mere 1.26% increase in interest income, while interest expenses decreased by 1.37% year-on-year.
2. Non-Interest Income Contraction: The contraction in non-interest income further pressured the bank's overall profitability.
3. Provision Expenses: The continued increase in provisioning costs also contributed to the decline in net profit.

Implications for BRI's Performance

The subdued financial performance highlights the challenges faced by BRI in maintaining profitability amidst a competitive banking landscape. The minimal growth in interest income suggests that the bank is navigating a challenging environment with potentially muted demand for credit or competitive pressures on lending rates.