{"id":15672,"date":"2025-05-01T12:56:32","date_gmt":"2025-05-01T04:56:32","guid":{"rendered":"https:\/\/saham.search.web.id\/menelisik-laporan-keuangan-bri-kuartal-1-2025-laba-bersih-turun-fokus-pada-perombakan-segmen-mikro\/"},"modified":"2025-06-10T06:56:10","modified_gmt":"2025-06-10T06:56:10","slug":"menelisik-laporan-keuangan-bri-kuartal-1-2025-laba-bersih-turun-fokus-pada-perombakan-segmen-mikro","status":"publish","type":"post","link":"https:\/\/search.web.id\/digest\/menelisik-laporan-keuangan-bri-kuartal-1-2025-laba-bersih-turun-fokus-pada-perombakan-segmen-mikro\/","title":{"rendered":"Examining BRI’s Financial Statements for Q1 2025: Net Profit Falls, Focuses on Micro Segment Overhaul"},"content":{"rendered":"

Who says that big banks in Indonesia always shoot smoothly? Let’s review how BRI ($BBRI) performs on the stage in the first quarter of 2025. In its report, they recorded a net profit of 13.7 trillion rupiah<\/strong>. However, this turned out to be a decrease of -14% YoY<\/strong> and -9.4% QoQ<\/strong>. “What’s the matter, man? Easy, let’s peel them one by one!<\/p>\n

Why is BRI’s Profit Falling?<\/h2>\n

The main cause of this decline in net profit was the surge in provision expenses<\/strong> which soared to 12.3 trillion rupiah<\/strong> (+15% YoY, +41% QoQ). Analysts previously estimated BRI’s net profit at a higher level, could it be that the 2025 consensus of 23% is too optimistic? In addition, Net Interest Income (NII)<\/strong> and Pre-provision Operating Profit (PPOP)<\/strong> were observed to be flat<\/em>, down by -2% and -3% YoY, respectively.<\/p>\n

Micro-Segmentation: The Challenges Ahead<\/h3>\n

Although the micro segment is an important market for BRI, unfortunately, credit costs<\/em> (CoC) this quarter were at the level of 3.5%,<\/strong> well above the 2025 guidance<\/em> which shows a range of 3-3.2%. Who is to blame? Actually, since January 2025, the management has been trying to increase provisions, and the result? Eits, the CoC for banks alone soared to 5.6%!<\/p>\n

On the positive side, what’s wrong with CASA?<\/h3>\n

Although the micro segment presents challenges, BRI still strives to maintain its performance in the CASA<\/strong> (Current Account Saving Account) sector which grew +7% YoY<\/strong>. On the one hand, their total deposits were observed to be flat<\/em> (+0.4% YoY). This increased CASA growth successfully supported the reduction in Cost of Fund (CoF)<\/strong> to the level of 3.5%, better than 3.7% last year.<\/p>\n

Key Takeaways!<\/h2>\n

BRI seems to have to evaluate its growth strategy, especially in the micro segment which is currently in the process of being overhauled<\/strong>. Although earnings pressures are still quite significant, CASA’s positive outlook can be a beacon of hope in facing the future. Hopefully, investors can be patient while waiting for concrete steps taken by management in facing the challenges ahead.<\/p>\n

Who Else Stole the Spotlight This Quarter?<\/h2>\n

Speaking of financial statements, there is also an interesting one from Astra International ($ASII) which recorded a net profit of 6.9 trillion rupiah in 1Q25, although it experienced a decrease of -7% YoY<\/strong>. Then Gudang Garam ($GGRM) only achieved a net profit of 104 billion rupiah. So, curious about other companies? Let’s keep an eye on it!<\/p>\n

Each figure and report gives a different picture. In the midst of the existing challenges, there is still hope that can be a bright light for future investment. What is your response to BRI’s performance this time?<\/p>\n

<\/strong>ASII<\/a><\/span>BBRI<\/a><\/span>GGRM<\/a> <\/div>\n","protected":false},"excerpt":{"rendered":"

Who says that big banks in Indonesia always shoot smoothly? Let’s review how BRI ($BBRI) performs on the stage in the first quarter of 2025. In its report, they recorded a net profit of 13.7 trillion rupiah. However, this turned out to be a decrease of -14% YoY and -9.4% QoQ. “What’s the matter, man? […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[986],"tags":[73,948,208],"class_list":["post-15672","post","type-post","status-publish","format-standard","hentry","category-stock","tag-asii","tag-bbri","tag-ggrm"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/search.web.id\/digest\/wp-json\/wp\/v2\/posts\/15672","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/search.web.id\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/search.web.id\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/search.web.id\/digest\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/search.web.id\/digest\/wp-json\/wp\/v2\/comments?post=15672"}],"version-history":[{"count":1,"href":"https:\/\/search.web.id\/digest\/wp-json\/wp\/v2\/posts\/15672\/revisions"}],"predecessor-version":[{"id":16269,"href":"https:\/\/search.web.id\/digest\/wp-json\/wp\/v2\/posts\/15672\/revisions\/16269"}],"wp:attachment":[{"href":"https:\/\/search.web.id\/digest\/wp-json\/wp\/v2\/media?parent=15672"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/search.web.id\/digest\/wp-json\/wp\/v2\/categories?post=15672"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/search.web.id\/digest\/wp-json\/wp\/v2\/tags?post=15672"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}