Bank Mandiri (BMRI IJ): Results in 3Q26 remain solid

Bank Mandiri (BMRI IJ)
BUY / TP: IDR:5,500 (+40.7%)
Analyst: Yap Swie Cu

Results in 3Q26 remain solid
• Earnings in 3Q26 were supported by stronger non-interest income
• To grow selectively
• Expecting stable earnings in upcoming quarter
• Re-iterate BUY with lower TP of IDR5,500