Business · Companies · 2 hrs ago
PaninBank Profit Edges Up as Loan Growth Stays Weak
PaninBank’s consolidated profit rose to Rp2.26 trillion in the third quarter of 2026, from Rp2.19 trillion a year earlier.
The Indonesian bank said lower interest expenses helped lift its net interest margin to 4.39%, from 4.24%.
Loans grew only 0.4% to Rp142.36 trillion, as credit demand had not fully recovered and businesses were cautious.
The bank also said relatively high lending rates were limiting borrowing.
PaninBank’s capital adequacy ratio was 36.65%, while its gross non-performing loan ratio improved to 3.04% from 3.16%.
The bank aims to grow current and savings deposits to reduce funding costs and support a further improvement in its margin.
PaninBank reported consolidated net profit of Rp2.26 trillion in the third quarter of 2026, up slightly from Rp2.19 trillion a year earlier.
Consolidated loans rose just 0.4% to Rp142.36 trillion.
The bank said loan growth remained limited because credit demand had not fully recovered, businesses were cautious and lending rates remained relatively high.
Lower interest expenses and a higher net interest margin supported the profit increase.
PaninBank’s consolidated assets reached Rp232.66 trillion, up 2.7% from a year earlier.
- Who
- PT Bank Pan Indonesia Tbk., known as PaninBank.
- What
- It reported third-quarter 2026 consolidated net profit of Rp2.26 trillion, while loans grew 0.4%.
- When
- The third quarter of 2026, with figures reported through September 2026.
- Where
- Indonesia. The article is datelined Jakarta.
- Why
- Lower interest expenses and a higher net interest margin supported profit growth. Loan growth was limited by weak credit demand, business caution and relatively high lending rates.
This story does not have two clearly opposing sides.
PaninBank’s CASA share was 40.0%.
Current-account balances rose 1.56% to Rp13.55 trillion, while higher-cost deposits fell 5.91%; CASA reached 40.9%.
PaninBank’s loan-to-deposit ratio was 90.06%.
PaninBank reported consolidated net profit of Rp2.26 trillion and consolidated loans of Rp142.36 trillion.
- Net profit
- Rp2.26 trillion in the third quarter of 2026
- Year-on-year profit comparison
- Rp2.19 trillion in the third quarter of 2025
- Consolidated loans
- Rp142.36 trillion, up 0.4%
- Net interest margin
- 4.39%, compared with 4.24% a year earlier
- Consolidated assets
- Rp232.66 trillion, up 2.7% year on year
- Capital adequacy ratio
- 36.65% as of September 2026
What people are saying
We hope current accounts and savings will continue to grow so that NIM can keep improving.
Loan growth remains limited because credit demand has not fully recovered, businesses are taking a wait-and-see approach, and lending rates are still relatively high.