Up 20 Percent, Bank Danamon Prints Net Profit Of IDR 2.9 Trillion

Bank Danamon (Photo: Antara)

JAKARTA - PT Bank Danamon Indonesia Tbk (BDMN) recorded a net profit growth for the consolidated running period of 21 percent compared to the same period in the previous year (yoy), reaching IDR 2.8 trillion.

Danamon's President Director, Daisuke Ejima, explained that the profitability growth was supported by a consistent decrease in credit costs, along with healthy growth in lending and raising funds.

In terms of intermediation, as of September 30, 2025, Danamon recorded total credit and trading finance1 consolidated of IDR 196.2 trillion, growing 5 percent yoy.

"The total growth of credit and trade finance is supported by a 9 percent growth in credit from the Enterprise Banking and Financial Institution, 12 percent in the Consumer Banking business line, along with 6 percent growth in SME Banking's business line loans," said Ejima, quoted Friday, October 31.

On the fund raising side, the total deposits of third parties raised by consolidated parties amounted to IDR 170.3 trillion, growing 14 percent year-on-year. Of this amount, the amount of granular2 funding raised grew by 4 percent year-on-year.

In terms of profitability, for the third quarter period, Danamon recorded consolidated operating income of IDR 14.4 trillion, growing 1 percent year-on-year. With stable operating expenses compared to the previous year, operating income before reserves (pre-vision operating profit or PPOP) grew 2 percent year-on-year to IDR 6.4 trillion.

With a consistent decrease in credit costs of 18 percent year-on-year, Danamon recorded a consolidated 3 net profit of IDR 2.8 trillion, growing 21 percent compared to the previous year. In terms of profitability, Danamon posted a 9M2025 net interest margin (NIM) of 6.9 percent.

The achievement of profitability and business growth is accompanied by maintained asset quality. The loan-at-risk ratio (LAR), by also taking into account payment delays as a result of the COVID-194 pandemic, improved 250 basis points year-on-year to 9.0 percent.

"The NPL coverage ratio (NPL coverage ratio) reached 274.9 percent, an increase of 260 basis points year-on-year. The gross NPL ratio improved 20 basis points year-on-year to 1.8 percent," he continued.

Danamon's positive performance was also supported by strong capital, where Danamon's consolidated capital adequacy ratio (CAR) increased by 50 yoy basis points to 26.6 percent. Danamon also recorded a liquidity coverage ratio, amounting to 145.7 percent and a net stable funding ratio (NSFR) of 123.2 percent.