Bank Rakyat Indonesia (BBRI IJ): Performance in 1Q26 remains intact

Bank Rakyat Indonesia (BBRI IJ)
BUY / TP: IDR:4,900 (+63.9%)
Analyst: Yap Swie Cu

Performance in 1Q26 remains intact
• Lending and margin expansion supported 1Q26 earnings
• COC remained elevated
• Keeping 2026 guidance for now
• Re-iterate BUY on its sturdy fundamentals and attractive valuation