Jakarta. Bank Central Asia (BCA) recorded the highest profit among Indonesia’s four largest banks as of the third quarter of 2025, emerging as the only lender to post earnings growth while its state-owned rivals saw declines.

BCA reported a bank-only net profit of Rp 43.57 trillion ($2.6 billion) for the January–September 2025 period, up 7.94 percent year-on-year.

In comparison, Bank Rakyat Indonesia (BRI) booked Rp 36.64 trillion, down 12.07 percent, Bank Mandiri reported Rp 34.79 trillion, down 10.79 percent, and Bank Negara Indonesia (BNI) recorded Rp 15.16 trillion, a 6.32 percent drop year-on-year.

Collectively, the four major banks -- BCA, BRI, Bank Mandiri, and BNI -- generated a combined bank-only net profit of Rp 130.18 trillion ($7.8 billion) through September, down 5.14 percent from Rp 137.24 trillion in the same period last year.

The banks’ profitability continued to face pressure from rising interest expenses, which climbed 10.58 percent year-on-year to Rp 102.53 trillion. Meanwhile, interest income grew at a slower pace of 4.94 percent to Rp 332.83 trillion, leaving net interest income up only 2.61 percent to Rp 230.29 trillion.

Total loans disbursed by the four banks reached Rp 4,372.71 trillion ($262.9 billion) as of September, growing 8.5 percent year-on-year. Third-party funds (DPK) rose 11.15 percent to Rp 5,048.91 trillion, driven in part by government deposits. The government recently placed Rp 200 trillion across five state-owned banks to support economic programs.

Meanwhile, fee-based income from the four banks rose modestly by 2.36 percent to Rp 51.85 trillion, while provision expenses increased 5.46 percent to Rp 43.36 trillion, reflecting ongoing cost pressures amid a high-interest environment.