BRI Danareksa sets IDR 6,200 target for Bank Mandiri stock

Published on 10/20/2026 at 09:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BRI Danareksa sees 24.00 percent first-half profit growth and sets an IDR 6,200 target. Bank Mandiri stock costs EUR 0.18 on October 20, 2026.

Targets and operating signals

BRI Danareksa cited 24.00 percent first-half profit growth on October 20, 2026.
UOB Kay Hian lowered its target to IDR 4,665 on October 9, 2026.
Bank Mandiri stock trades at EUR 0.18 at 9:28 a.m. CEST at Lang & Schwarz on October 20, 2026.

Bank Mandiri, ID1000095003, Illustration mit AI erstellt.

Bank Mandiri (ID1000095003) is drawing a fresh IDR 6,200 price target from BRI Danareksa Sekuritas after first-half net income rose 24.00 percent to IDR 30.4 trillion. The assessment was published by Investor.id on October 20, 2026.

Three events reset the valuation

Bank Mandiri paid an interim dividend of IDR 6.16 trillion, or IDR 66 per share, on October 2, 2026. Suara.com reported that total 2026 dividends reached IDR 50.63 trillion, while net income through August reached IDR 37.5 trillion, up 22.30 percent year over year.

On October 9, 2026, UOB Kay Hian maintained a Hold rating and cut its target from IDR 5,150 to IDR 4,665. The research house cited funding pressure, rising credit costs and loan growth of 17.60 percent in August against current-account and savings-account growth of 8.20 percent.

What does the profit growth mean?

The operating figures point to a bank expanding its balance sheet while analysts debate how much of that growth can translate into shareholder returns. Through August, loans reached IDR 1.592 quadrillion and deposits IDR 1.687 quadrillion, both up 17.60 percent year over year. Gross non-performing loans stood at 1.00 percent, with coverage at 240.60 percent.

Stock trades in pre-market

Bank Mandiri stock was trading at EUR 0.18 at Lang & Schwarz on October 20, 2026 at 9:28 a.m. CEST. The euro quotation places the stock in the pre-market phase for German investors, while the latest analyst targets remain denominated in Indonesian rupiah.

The further course of trading is shown by the continuously updated real-time quote of Bank Mandiri stock.