Danamon Announces Financial Performance for the First Nine Months of 2026

Jakarta, 29 October 2026 — PT Bank Danamon Indonesia Tbk (“Danamon”, IDX: BDMN), a member of MUFG, a global financial services group, today announces its Financial and Operational Performance for the nine-month period ended 30 September 2026 (9M2026). During the period, Danamon recorded a consolidated net profit of Rp3.5 trillion², growing 19% compared to the same period in the previous year (“year-on-year”). This profitability performance was supported by 13% year-on-year growth in total consolidated² loans and trade finance¹, as well as a 12% year-on-year increase in customer deposits, reflecting well-maintained growth in intermediation and funding, supported by disciplined risk management and asset quality.

Nobuya Kawasaki, President Director of Danamon, stated, “This year, Danamon celebrates our seven-decade journey by embracing the spirit of ‘Tumbuh Bersama di Setiap Langkah’. This achievement is not only a moment to reflect on the journey we have taken but also marks our readiness to enter the next phase of growth. By combining the strength of MUFG’s global network as our parent company with the extensive local networks of Danamon, Adira Finance, and Home Credit Indonesia, we continue to collaborate to transform the strength of the group into greater value for our customers, business partners, all stakeholders, and communities. Supported by a strong financial foundation and prudent risk management practices, we will remain focused on healthy growth, maintaining asset quality, and creating sustainable long-term value for all stakeholders. Looking ahead, we will continue to carefully monitor economic and market developments and execute our business strategy prudently and in a measured manner.”

In terms of intermediation, as of 30 September 2026, Danamon recorded total consolidated loans and trade finance of Rp232.6 trillion, growing 13% year-on-year. This growth was supported by the performance of all segments, including Enterprise Banking and Financial Institution, which increased by 20%, SME Banking, which increased by 9%, Consumer Banking, which increased by 5%, as well as Danamon’s subsidiaries, which also recorded growth of 7%. In terms of deposit, Danamon recorded total of current account and savings account (CASA) and time deposits of Rp190.5 trillion, an increase of 12% compared to the same period in the previous year.

Meanwhile, in terms of profitability, Danamon delivered solid performance growth throughout the first nine months of 2026, reflected in operating income increase of 5% year-on-year to Rp19.0 trillion. Furthermore, Danamon also recorded a 5% year-on-year decrease in cost of credit, which contributed to the achievement of net profit after tax (NPAT) of Rp3.5 trillion. In line with this, Danamon recorded a net interest margin (NIM) of 8.0%.

The growth in intermediation and profitability was achieved while maintaining sound asset quality. As of 30 September 2026, the Loan at Risk (LAR) ratio improved by 190 basis points to 7.7%, compared to the same period in the previous year. At the same time, Danamon continued to maintain a solid level of provisioning, as reflected in its NPL coverage ratio, which reached 282.0%.

Amid continued competitive market conditions and global economic developments that warrant careful attention, Danamon remains committed to maintain disciplined risk management, sound asset quality, and sustainable business growth.

Further information regarding Danamon’s 9M2026 performance is available in the Investor and Analyst Briefing presentation, which can be accessed on Danamon’s corporate website. Danamon’s consolidated financial statements are available on Danamon’s corporate website and the Indonesia Stock Exchange’s website.

####

¹Loan Portfolio and Trade Finance including Marketable Securities and IMBT receivable.
²As a note, the financial information presented today reflects the impact of two business combinations under common control in accordance with PSAK 338. The first is the merger between PT Mandala Multifinance Tbk and PT Adira Dinamika Multi Finance Tbk, which became effective on 1 October 2025. The second is the acquisition of an additional 9.82% equity interest in PT Home Credit Indonesia from PT Adira Dinamika Multi Finance Tbk, which became effective on 24 June 2026.

In line with the requirements of PSAK 338, certain comparative figures for prior periods have been restated as if these transactions had occurred from the date the entities came under common control. This restatement is solely an accounting presentation adjustment intended to improve the comparability of financial performance across reporting periods. As a result, some comparative figures presented today may differ from those previously published. However, it is important to note that these adjustments do not affect Danamon's underlying financial performance or the economic benefits of the transactions.

For media inquiries, please contact: