Bank Rakyat Indonesia stock weighs higher 2026 credit guidance

Published on 10/07/2026 at 09:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bank Rakyat Indonesia stock traded at IDR 3,140 on October 7, 2026, with market value of IDR 472.8 trillion. Credit growth guidance rose to 8%-10% for 2026.

Bank Rakyat Indonesia, ID1000118201, Illustration mit AI erstellt.

Bank Rakyat Indonesia (ISIN ID1000118201) was trading at IDR 3,140 on the IDX on October 7, 2026, up 0.96% from the prior close, while its market capitalization stood at IDR 472.8 trillion. The key operating signal is a higher 2026 credit growth target of 8%-10%, compared with 7%-9% previously.

Credit guidance moves higher

Kontan reported on October 2 that Bank Rakyat Indonesia posted IDR 34.8 trillion in bank-only net profit for the first eight months of 2026, a 6.6% year-on-year increase. Net interest income rose 3.4%, while pre-provision operating profit increased 6.7% over the same period.

The same report said the bank lifted its full-year credit growth guidance to 8%-10% from 7%-9%. Credit outstanding reached IDR 1,447 trillion in August, up 13.7% year on year, although monthly growth slipped 0.3%.

Profitability has two signals

PR Newswire reported on September 23 that consolidated second-quarter 2026 net profit reached IDR 31.2 trillion, up 17.5% year on year. Loans and financing rose 16.2% to IDR 1,646 trillion, while net interest income increased 9.9% to IDR 80.5 trillion.

The figures show why credit volume matters for the stock: stronger loan growth can offset part of the pressure on margins, but funding costs remain a central variable. In the second-quarter report, BRI's cost of funds fell to 2.4% from 3.0% a year earlier, and its cost-to-income ratio improved to 39.2% from 41.9%.

Analyst target stays above price

Kontan said on October 2 that Maybank Sekuritas Indonesia maintained a Buy recommendation and an IDR 3,900 price target. That target lies 24.2% above the IDR 3,140 stock price on October 7, 2026, making the gap a direct test of whether the higher credit outlook can overcome margin and micro-loan recovery risks.

IDX price and trading range

Bank Rakyat Indonesia was trading at IDR 3,140 on the IDX at 2:13 p.m. WIB on October 7, 2026. The session range was IDR 3,110 to IDR 3,150, the 52-week range was IDR 2,540 to IDR 4,050, and volume reached 49,208,300 shares.