Herditya cites IDR 4,210 target for Bank Mandiri stock

Published on 10/14/2026 at 14:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

August 2026 net income rose 22.30 percent to IDR 37.48 trillion. Bank Mandiri stock costs EUR 0.20 on October 14, 2026, down 0.75 percent on IDX.

Profit and valuation guide the quote

On October 14, 2026, Herditya Wicaksana cited IDR 4,120 and IDR 4,210 targets for Bank Mandiri.
Net income through August 2026 rose 22.30 percent to IDR 37.48 trillion.
Bank Mandiri stock costs EUR 0.20 at Lang & Schwarz on October 14, 2026 at 2:33 p.m. CEST, down 0.75 percent on IDX.
Bank Mandiri traded at a P/E ratio of 5.93 and a dividend yield of 0.14 percent on October 14, 2026.

Bank Mandiri, ID1000095003, Illustration mit AI erstellt.

Herditya Wicaksana of MNC Sekuritas cited IDR 4,120 and IDR 4,210 targets for Bank Mandiri on October 14, 2026, according to Liputan6.com. The higher target lies 6.31 percent above the IDR 3,960 last price on IDX. At Lang & Schwarz, the euro quote was EUR 0.20 on October 14, 2026 at 2:33 p.m. CEST; the IDX listing was down 0.75 percent that day.

August profit keeps growing

Bank Mandiri reported bank-only net income of IDR 37.48 trillion through August 2026, up 22.30 percent from the same period a year earlier, according to Kompas.com. Net interest income reached IDR 54.83 trillion, a 7.15 percent year-over-year increase, while interest income rose 6.52 percent to IDR 86.22 trillion.

The operating picture is mixed at the margin. Interest expense also increased 5.44 percent to IDR 31.38 trillion, meaning the bank's stronger net income came alongside higher funding costs.

Trading position on October 14

The IDX quote used for the comparison stood at IDR 3,960 on October 14, 2026, versus IDR 3,990 previously. Trading volume reached 106,870,300 shares against an average volume of 131,409,833 shares, while the market capitalization was IDR 369.6 trillion.

That valuation places Bank Mandiri at a P/E ratio of 5.93 and a dividend yield of 0.14 percent on the same date. The target range cited by Herditya therefore sits above the latest IDX quote, while the euro quote remains a separate Lang & Schwarz indication for German-market readers.

Comparison with peers

Bank Mandiri (IDX, IDR): minus 0.75 percent, P/E 5.93, market capitalization IDR 369.6 trillion
Bank Negara Indonesia (IDX, IDR): plus 0.29 percent, P/E 4.13, market capitalization IDR 127.2 trillion
Bank Central Asia (IDX, IDR): plus 2.94 percent, P/E 12.98, market capitalization IDR 752.4 trillion

Euro quote stays at EUR 0.20

Bank Mandiri's Lang & Schwarz quote was EUR 0.20 on October 14, 2026 at 2:33 p.m. CEST. The matching daily reference available for the IDX listing was a minus 0.75 percent move on October 14, 2026, while the home-market quote stood at IDR 3,960.

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