UOB Kay Hian cuts target for Bank Mandiri stock to IDR 4,665

Published on 10/21/2026 at 10:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Eight-month profit reached IDR 37.5 trillion, up 22.30 percent year over year. Bank Mandiri stock costs EUR 0.18 on October 21, 2026 in Germany.

Profit, targets and dates

Bank Mandiri reported 22.30 percent net-income growth through August 2026 on October 20, 2026.
UOB Kay Hian retained HOLD on October 9, 2026 after a target cut of IDR 485.
Bank Mandiri stock was trading at EUR 0.18 at 10:40 a.m. CEST at Lang & Schwarz on October 21, 2026.
Bank Mandiri's next reported earnings date is November 3, 2026.

Bank Mandiri, ID1000095003, Illustration mit AI erstellt.

Bank Mandiri (ISIN ID1000095003) delivered IDR 37.5 trillion in bank-only net income through August 2026, up 22.30 percent year over year. BCA Sekuritas reported the figures on October 20, 2026, giving the stock a fresh earnings and balance-sheet reference.

Target cut highlights caution

UOB Kay Hian retained its HOLD rating on October 9, 2026 and lowered its target from IDR 5,150 to IDR 4,665. The research house cited funding pressure, rising credit costs and a projected net interest margin trough of 4.10 percent in the third quarter of 2026.

What does the growth mean?

The August operating picture was broad. Bank-only assets reached IDR 2,359 trillion, up 20.70 percent year over year, while loans and deposits each grew 17.60 percent to IDR 1,592 trillion and IDR 1,687 trillion. Livin by Mandiri had 42.2 million users, up 23.40 percent year over year, according to BCA Sekuritas.

Three dated developments

On October 2, 2026, Bank Mandiri set an interim 2026 dividend of IDR 6.16 trillion, or IDR 66 per share, as reported by Investor.id. On October 9, 2026, UOB Kay Hian published its HOLD rating and lower IDR 4,665 target. On October 20, 2026, BCA Sekuritas highlighted August net income of IDR 37.5 trillion and asset growth of 20.70 percent.

Upcoming dates for BMRI

Investing.com lists November 3, 2026 as the next earnings date. Bank Mandiri's official website says a change to monthly savings-account administration periods will take effect in stages from November 2026.

Stock trades below one euro

For investors in Germany, the euro quotation provides the immediate market lens while the Indonesian figures define the operating story. Bank Mandiri was trading at EUR 0.18 at Lang & Schwarz on October 21, 2026 at 10:40 a.m. CEST. The primary listing is on the Indonesia Stock Exchange, where the stock was quoted at IDR 3,690 on October 21, 2026, according to the market data snapshot.

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