Chiba Kogyo Bank, Ltd. (JP:8337) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Chiba Kogyo Bank, Ltd. reports a decline in its financial performance for the first quarter ending June 30, 2024, with its ordinary income, ordinary profit, and profit attributable to owners of the parent decreasing by 8.1%, 18.5%, and 9.4% respectively, year-on-year. The bank’s total assets increased slightly, yet the equity ratio dipped from 5.6% to 5.1%. No changes to the dividend forecast were reported, and the bank included a new subsidiary, CHIBACOOL Co., Ltd., within the consolidation scope.
For further insights into JP:8337 stock, check out TipRanks’ Stock Analysis page.