SURABAYA — PT Bank Pembangunan Daerah Jawa Timur Tbk. (Bank Jatim/BJTM) officially approved a total dividend payout of Rp850 billion during its Annual General Meeting of Shareholders (AGM) for the 2025 financial year, held at its headquarters in Surabaya on Wednesday, May 6, 2026. Beyond the dividend distribution, the bank also announced key organizational restructuring to support its future growth trajectory.
Bank Jatim President Director Winardi Legowo attributed the company’s resilient 2025 performance to a series of strategic initiatives implemented amidst a dynamic economic environment. These measures focused on strengthening low-cost funding, issuing bonds to bolster financial stability, selective credit distribution to high-potential sectors, and strict cost efficiency. Furthermore, the bank prioritized digital transaction growth to boost non-interest income while maintaining rigorous asset quality in line with its risk appetite.
“To fulfill our vision of becoming the leading regional development bank in Indonesia, we continue our transformation journey through five core pillars: governance and risk management, ecosystem-based business optimization, talent development, technological and digital process advancement, and strengthening business synergies within the Bank Business Group (KUB),” stated Winardi.
During the meeting, shareholders approved a dividend of Rp56.62 per share, an increase from the previous year’s Rp54.71 per share. The total distribution of Rp850 billion represents 55% of the bank’s 2025 net profit. Given the closing price of Rp590 as of May 5, 2026, the indicative dividend yield for BJTM stands at an impressive 9.60%. Winardi emphasized that this consistent growth in dividends reinforces BJTM’s status as a preferred investment choice for the public.
Bank Jatim demonstrated robust financial health throughout 2025, supported by the KUB framework. Consolidated assets grew by 42.93% year-on-year (YoY) to reach Rp168.85 trillion, with net profit rising by 24.80% YoY to Rp1.61 trillion. On a bank-only basis, assets grew by 3.70% to Rp105.8 trillion, while net profit hit Rp1.546 trillion—the highest among all regional development banks (BPD) in Indonesia.
This positive momentum carried into the first quarter of 2026, with consolidated net profit reaching Rp661 billion, a significant 90.41% YoY increase. Net interest income also saw a strong rise of 39.61% YoY to Rp2.35 trillion. As of March 2026, consolidated credit distribution reached Rp109.22 trillion, with total assets climbing to Rp164.07 trillion and third-party funds (DPK) rising to Rp122.80 trillion.
East Java Governor Khofifah Indar Parawansa praised the bank’s performance, noting that its ability to balance expansion with prudent risk management reflects a high-functioning intermediary role. She encouraged Bank Jatim to solidify its position as a regional champion by enhancing its digital mindset, fostering productive SME financing, and deepening its commitment to the KUB framework, which currently includes five regional bank members—the highest among all Indonesian BPDs.
The AGM also introduced changes to the bank’s organizational structure and leadership nomenclature to improve operational efficiency. The appointments include Andry Wicaksono as Director of Risk Management, Moh. Nasih as Independent Commissioner, and Abdullah Syamsul Arifin as a member of the Sharia Supervisory Board. The updated governance structure following the 2025 AGM is as follows:
Board of Commissioners:
President Independent Commissioner: Adi Sulistyowati
Commissioner: Adhy Karyono
Independent Commissioner: Muhammad Mas’ud
Independent Commissioner: Dadang Setiabudi
Independent Commissioner: Asri Agung Putra
Candidate for Independent Commissioner: Moh. Nasih
Board of Directors:
President Director: Winardi Legowo
Vice President Director: R. Arief Wicaksono
Director of Retail & Sharia: Tonny Prasetyo
Compliance Director: Umi Rodiyah
Director of Finance & Treasury: RM Wahyukusumo Wisnubroto
Director of Middle, Corporate, and Institutional Business: Arif Suhirman
Director of IT, Digital & Operations: Wiweko Probojakti
Candidate for Director of Risk Management: Andry Wicaksono
Sharia Supervisory Board:
Chairman: KH Afifuddin Muhajir
Member: Tamhid Masyhudi
Candidate Member: Abdullah Syamsul Arifin
Summary
Bank Jatim (BJTM) has officially approved a dividend payout of Rp850 billion for the 2025 financial year, reflecting a distribution of Rp56.62 per share or 55% of its annual net profit. This decision follows a year of strong financial performance, characterized by a 24.80% year-on-year increase in net profit to Rp1.61 trillion and consolidated assets reaching Rp168.85 trillion. The dividend payout offers shareholders an indicative yield of 9.60%, further establishing the bank as a stable investment choice.
Beyond financial results, the company announced key leadership changes and organizational restructuring to support its long-term growth and digital transformation. Under the guidance of five core strategic pillars, the bank continues to focus on strengthening risk management, expanding its digital ecosystem, and fostering synergies within its Bank Business Group (KUB). These initiatives aim to reinforce Bank Jatim’s position as a leading regional development bank in Indonesia.
