Growing 8.7 Percent, BFI's Profit Rises to IDR 828.9 Billion in the First Half of 2026

Rupiah (Photo: between)

JAKARTA - PT BFI Finance Indonesia Tbk recorded a net profit of IDR 828.9 billion or increased 8.7 percent year-on-year (yoy).

As of June 30, 2026, the Company also recorded total assets of IDR 25.1 trillion, while managed receivables increased 3.6 percent year-on-year to IDR 26.5 trillion, reflecting solid business performance through the distribution of selective and quality financing.

"This performance is supported by the consistency of the Company in implementing the principle of prudence at every stage of financing," said BFI Finance President Director Sutadi in a statement to the media, Monday, July 27.

Furthermore, throughout the first half of 2026, BFI Finance also recorded new financing disbursements of IDR 10.7 trillion, dominated by financing for four-wheeled vehicles, both refinancing and used car loans.

The Company continues to maintain a balance between business expansion and portfolio quality to ensure optimal and long-term value performance.

"BFI Finance focuses on long-term business resilience strategies while adapting to various challenges of market changes and taking proactive steps in managing risks," he continued.

The implementation of this strategy is reflected in the quality of the Company's financing which remains maintained. As of the end of June 2026, the gross Non-Performing Financing (NPF) ratio was recorded at 1.55 percent and the net NPF at 0.2 percent, much lower than the industry average which was at 3.06 percent and 0.85 percent respectively.

The Company also maintains an adequate reserve ratio with a coverage ratio to gross NPF of 2.63 times, while the gearing ratio is at the level of 1.2 times, well below the maximum limit set by the regulator of 10 times.

In addition to maintaining the quality of financing, BFI Finance also recorded an increase in revenue to IDR 3.4 trillion, or grew 3.7 percent year-on-year. The total revenue and net profit also supported the Company's profitability with a Return on Assets (RoA) of 8.1 percent and a Return on Equity (RoE) of 15.1 percent, reflecting the Company's ability to manage assets and capital optimally.

In the first semester of 2026, BFI Finance also strengthened corporate governance through the revision of the management structure. The company appointed Djemi Suhenda and Abdul Haris Muhammad Rum as Independent Commissioners, and appointed Amitoaj Singh as Director of Risk Management.

As a manifestation of commitment to continue to provide added value to shareholders, in the second quarter of 2026 BFI Finance has realized a cash dividend distribution of IDR 1.036 trillion, equivalent to 65.5 percent of the net profit of the 2025 fiscal year.

Based on the decision of the Annual and Extraordinary General Meeting of Shareholders (RUPST&LB) on May 20, 2026, each shareholder received a dividend of Rp70.00 per share. This amount includes an interim cash dividend of Rp35.00 per share and a final cash dividend of Rp35.00 per share that has been paid by the Company on December 18, 2025 and June 18, 2026, respectively.