Superbank posts $7.3m profit as of November 2025

Superbank reported a profit of 122.4 billion rupiah (US$7.31 million) as of November 2025, reversing a loss of 388 billion rupiah (US$23.17 million) year-on-year.

Superbank, a digital bank in Grab’s ecosystem and listed as PT Super Bank Indonesia Tbk, reported its net interest income rise 165% year-on-year to 1.4 trillion rupiah (US$83.59 million).

The bank’s loan portfolio increased 58% to 9.3 trillion rupiah (US$555.30 million), while third-party funds rose 149% to 11 trillion rupiah.

Total assets reached 18 trillion rupiah (US$1.07 billion), up 69% from the previous year.

The company said it now serves over 5 million customers since launching its digital app in June 2024, with daily transactions averaging over 1 million and up more than 40% in Q3 2025 compared to the previous period.

Its core capital now exceeds 6 trillion rupiah (US$358.26 million).

🔗 Source: Kontan

🧠 Food for thought

Implications, context, and why it matters.

Superbank relies on high NIM while sustainability unclear

Superbank posted a 10.64% Net Interest Margin (NIM, the spread between interest on loans and interest on deposits) in Q3 2025 1, above Indonesian banks, likely driven by pricing or low-cost deposits that may fade amid competition beyond its Grab-OVO integration 1 (OVO is an Indonesian digital wallet).
Gross Non-Performing Loans (NPL) sit at 2.83% 1, yet missing figures on special-mention loans (early warning categories), credit costs plus provisions (loss buffers) makes the 84% year over year (YoY) loan growth to retail and productive sectors (business lending) 2 unclear.
The Cost-to-Income Ratio is 70.14% (operating expenses divided by operating income) 1, down from 149.65% 1. That level stays high for a digital bank so customer acquisition spend keeps operating leverage (revenue growing faster than fixed costs) unclear.

KBMI 2 may open embedded finance partnerships

With KBMI 2 status (Indonesia’s core capital-based bank grouping) and core capital above Rp 6 trillion, OJK approvals (Otoritas Jasa Keuangan, Indonesia’s Financial Services Authority) may allow products and partnerships to reach 5 million customers 2.
Co-distribution deals (joint marketing and product placement) can enable buy-now-pay-later (BNPL) at Grab merchants. They may support micro-investment in the OVO wallet (a consumer e-wallet) or small and medium-size enterprise (SME) lending co-origination (joint underwriting plus funding) while Superbank supplies the license so partners keep touchpoints.
Investors can watch if KBMI 2 and OJK approvals lead to revenue beyond net interest income. That would strengthen moat versus neobanks (digital-only banks).