Bank Mandiri (Persero) Past Earnings Performance

Past criteria checks 4/6

Bank Mandiri (Persero) has been growing earnings at an average annual rate of 16.1%, while the Banks industry saw earnings growing at 3.5% annually. Revenues have been growing at an average rate of 11.5% per year. Bank Mandiri (Persero)'s return on equity is 22.2%, and it has net margins of 43.3%.

Key information

16.11%

Earnings growth rate

16.11%

EPS growth rate

Banks Industry Growth	11.18%
Revenue growth rate	11.48%
Return on equity	22.15%
Net Margin	43.26%
Last Earnings Update	30 Jun 2026

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Bank Mandiri (Persero) makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OTCPK:PPER.F Revenue, expenses and earnings (IDR Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 26	143,892,570	62,250,868	50,031,021
31 Mar 26	145,312,527	58,480,822	52,452,441
31 Dec 25	144,817,483	56,293,950	54,212,144
30 Sep 25	140,002,202	51,495,530	54,213,464
30 Jun 25	139,079,438	53,687,184	51,789,906
31 Mar 25	137,612,843	56,277,823	49,466,064
31 Dec 24	134,735,364	55,782,742	47,596,103
30 Sep 24	133,704,511	58,013,868	46,366,437
30 Jun 24	131,621,491	56,378,810	46,416,433
31 Mar 24	128,598,922	55,202,064	45,668,518
31 Dec 23	127,454,571	55,060,057	45,042,964
30 Sep 23	121,698,513	49,581,394	45,901,909
30 Jun 23	116,231,734	46,193,314	45,188,160
31 Mar 23	113,260,546	43,699,281	44,944,966
31 Dec 22	109,397,530	41,170,637	44,732,807
30 Sep 22	102,443,935	39,451,866	42,401,605
30 Jun 22	96,806,573	35,736,231	41,155,079
31 Mar 22	91,678,472	32,141,309	40,800,454
31 Dec 21	86,552,332	28,028,155	40,147,415
30 Sep 21	84,846,745	22,000,577	42,214,648
30 Jun 21	77,853,475	19,007,810	40,430,631
31 Mar 21	69,788,729	14,802,019	38,178,854
31 Dec 20	70,268,800	16,799,515	37,169,852
30 Sep 20	69,558,773	21,260,138	33,233,935
30 Jun 20	74,126,227	24,244,355	33,656,811
31 Mar 20	79,171,686	28,164,908	34,299,710
31 Dec 19	76,835,074	27,482,133	33,365,208
30 Sep 19	76,027,346	27,173,159	32,522,834
30 Jun 19	74,283,969	26,367,563	32,338,595
31 Mar 19	73,705,983	26,388,234	31,780,101
31 Dec 18	71,246,382	25,015,021	31,426,064
30 Sep 18	67,586,337	23,662,323	30,902,867
30 Jun 18	67,216,390	23,354,754	29,952,905
31 Mar 18	65,275,820	22,420,581	29,360,261
31 Dec 17	62,467,327	20,639,683	28,863,209
30 Sep 17	55,848,786	16,862,594	27,186,347
30 Jun 17	53,048,188	16,189,190	26,581,152
31 Mar 17	50,346,908	14,068,593	26,516,090
31 Dec 16	49,535,827	13,806,565	26,370,440
30 Sep 16	55,010,796	17,765,646	26,627,965
30 Jun 16	53,839,017	17,490,908	26,061,511
31 Mar 16	54,813,984	19,013,591	25,254,401
31 Dec 15	55,424,160	20,334,968	24,137,105
30 Sep 15	53,248,952	20,000,881	23,210,452

Quality Earnings: PPER.F has high quality earnings.

Growing Profit Margin: PPER.F's current net profit margins (43.3%) are higher than last year (38.6%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: PPER.F's earnings have grown by 16.1% per year over the past 5 years.

Accelerating Growth: PPER.F's earnings growth over the past year (16%) is below its 5-year average (16.1% per year).

Earnings vs Industry: PPER.F earnings growth over the past year (16%) did not outperform the Banks industry 24.7%.

Return on Equity

High ROE: PPER.F's Return on Equity (22.2%) is considered high.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/07/30 01:51
End of Day Share Price	2026/07/28 00:00
Earnings	2026/06/30
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

PT Bank Mandiri (Persero) Tbk is covered by 39 analysts. 24 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Angus Mackintosh	Aletheia Analyst Network Limited
Anish Tawakley	Barclays
Kevin Kwek	Bernstein