SeaBank Indonesia reported net income after tax of Rp375.6 billion in the first quarter of 2026.
This figure represents an increase of approximately 288 percent compared to the same period the previous year, which stood at Rp96.7 billion.
This improved performance was driven by operational efficiency and the optimization of the company’s asset management.
The return on assets (ROA) also increased to 4.01 percent, reflecting the company’s ability to maintain profitability and manage risk.
SeaBank Indonesia’s CEO, Sasmaya Tuhuleley, stated that this growth serves as strong evidence of the effectiveness of the digital banking business model the company is implementing.
He emphasized that SeaBank will continue to expand its technology-based financial services to enhance public access to financial services.
As of March 2026, SeaBank’s total assets grew 33 percent year-over-year to Rp49.7 trillion.
Third-Party Funds (TPF) also increased by 44.58 percent to Rp39.1 trillion, with low-cost funds (CASA) accounting for 69.10 percent.
On the lending side, credit disbursement grew by 40.83 percent to Rp34.8 trillion, with the non-performing loan ratio remaining low at 1.56 percent.
This growth indicates that the company’s financing quality remains sound amid ongoing business expansion.
Additionally, SeaBank now serves more than 30 million customers in Indonesia.
Daily digital transaction activity also continued to rise, averaging more than 13 million transactions per day and a daily transaction volume exceeding Rp6 trillion throughout March 2026.