Bank Mandiri stock reports 24.4 percent profit growth in 2026

Published on 09/29/2026 at 10:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bank Mandiri stock was trading at IDR 4,030.00 on September 29, 2026, while analysts listed an average target of IDR 5,206. Semester 1 profit rose 24.4 percent year over year.

Bank Mandiri, ID1000095003, Illustration mit AI erstellt.

Bank Mandiri (ID1000095003) was trading at IDR 4,030.00 on the IDX on September 29, 2026 at 2:57 p.m. WIB, up 0.25 percent from the prior close of IDR 4,020.00. The latest operating figures show why the bank remains a major earnings story: consolidated net profit rose 24.4 percent year over year to IDR 30.4 trillion in semester 1 2026.

Semester profit rises 24.4 percent

ANTARA reported on September 3, 2026 that Bank Mandiri's semester 1 2026 income increased 10.3 percent year over year, while consolidated net profit reached IDR 30.4 trillion. The same report placed bank credit at IDR 1,592 trillion in June 2026, up 19.9 percent year over year, and third-party funds at IDR 1,710 trillion, up 17.1 percent.

That combination gives the stock a measurable operating base rather than a price-only narrative. Credit growth exceeded the 12.7 percent industry rate cited in the report, while deposits grew faster than the 10.2 percent industry figure, supporting the bank's funding position.

Analysts keep a higher valuation marker

Investing.com listed an average 12-month price target of IDR 5,206 as of September 28, 2026, alongside a Buy consensus from 25 analysts. The tally included 17 Buy ratings, 5 Holds and 3 Sells.

The counterweight is valuation sensitivity around banking margins. The same Investing.com page showed Goldman Sachs with a Sell rating dated September 22, 2026, while the published consensus target remained above the latest IDX quotation.

Interim dividend reaches IDR 6.16 trillion

CNN Indonesia reported that Bank Mandiri set an interim dividend of IDR 66.00 per share, totaling IDR 6.16 trillion, with payment scheduled for October 2, 2026. Calendar 2026 distributions therefore reached IDR 50.63 trillion, including IDR 44.47 trillion from fiscal year 2025.

Bank Mandiri stock stays below its yearly high

Bank Mandiri stock was trading at IDR 4,030.00 on the IDX on September 29, 2026 at 2:57 p.m. WIB. The session range was IDR 4,010.00 to IDR 4,080.00, volume reached 144,167,300 shares, and the 52-week range stood at IDR 3,650.00 to IDR 5,375.00.