Bank Rakyat Indonesia (BBRI IJ): Solid performance continues in 2Q26

Bank Rakyat Indonesia (BBRI IJ)
BUY / TP: IDR:4,900 (+45.0%)
Analyst: Yap Swie Cu

Solid performance continues in 2Q26
• Stable quarterly earnings
• Robust lending expansion in 1H26; expect normalization in the coming quarters.
• Continuous improvement in retail funding
• Credit quality continued to improve
• Re-iterate BUY its on sturdy fundamentals and attractive valuation