Business · Companies · 13 hrs ago

Bank Mayapada Profit More Than Doubles to Rp 87 Billion

Bank Mayapada Profit More Than Doubles to Rp 87 Billion

Bank Mayapada's net profit rose 107% in the nine months through September 2026.

The Indonesian bank earned Rp 87 billion, compared with Rp 42 billion in the same period a year earlier.

Its total assets reached Rp 171.867 trillion, while equity rose to Rp 19.079 trillion.

Its capital adequacy ratio increased to 11.09%, from 10.09% a year earlier, while its loan-to-deposit ratio fell to 77.06% in June from 83.83% a year earlier.

The bank's gross bad-loan ratio improved to 3.36% at the end of September, from 4.02% in June.

The bank will need to sustain profits and manage credit risks, while continuing to focus on capital strength, liquidity and operating efficiency.

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