Bank Central Asia’s net profit rise 5.8% to $287.65m in Jan 2026

Net interest margin fell on lower earning asset yield, noted CGSI.

Bank Central Asia (BCA) saw its net profit after tax (NPAT) improve 5.8% year-on-year (YoY) to about $287.65m (IDR5t) in January 2026, driven by non-interest income growth and lower provision expenses.

Non-interest income grew 11% YoY, whilst provision expenses fell by 54% YoY, according to data from CGS International (CGSI).

Net interest margin (NIM) fell by 56 basis points (bp) YoY in January 2026 to 5.4%. This is within BCA’s NIM guidance of 5.4% to 5.6%.

“Management has been guiding for a decline in FY26F NIM since the release of BBCA’s Q3 2025 results, citing lower yield from earning assets – we acknowledged that yield could be further pressured should the loan yield competition intensify,” said CGSI analysts Handy Noverdanius and Owen Tjandra.

Noverdanius and Tjandra think BCA has lower risk than peers on funding cost thanks to its low loan-to-deposit (LDR) ratio of 77.4% as of January 2026. This gives it an advantage should the funding competition intensify, they said.

(US$1 = IDR16,798)