tiprankstipranks
Company Announcements

Concordia Financial Group Reports Q3 2024 Capital Ratios

Story Highlights
Concordia Financial Group Reports Q3 2024 Capital Ratios

Discover the Best Stocks and Maximize Your Portfolio:

An update from Concordia Financial Group ( (JP:7186) ) is now available.

Concordia Financial Group released its capital ratios for the third quarter ending December 31, 2024, showing stable financial position with slight decreases in total, Tier 1, and common equity Tier 1 capital ratios. The report highlights the company’s risk-weighted assets increase and a minor reduction in total capital, indicating a steady approach in managing capital adequacy and financial health.

More about Concordia Financial Group

Concordia Financial Group, Ltd. operates in the financial services industry with a focus on banking and financial solutions. The company is listed on the Tokyo Stock Exchange and provides consolidated financial services including those through its subsidiaries such as The Bank of Yokohama, Ltd., and The Higashi-Nippon Bank, Limited.

YTD Price Performance: 2.55%

Average Trading Volume: 4,202

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $6.57B

Learn more about 7186 stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1