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Hachijuni Bank’s Mixed Financial Results

Hachijuni Bank’s Mixed Financial Results

Hachijuni Bank (JP:8359) has released an update.

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Hachijuni Bank reports a significant increase in ordinary revenues by 24.8% and ordinary profit by 41.7% for the quarter ending June 2024 compared to the same period in 2023. Despite these gains, profit attributable to owners plunged by 53.7%. The bank also experienced a decrease in comprehensive income and a slight reduction in its capital adequacy ratio from 7.5% to 7.3%.

For further insights into JP:8359 stock, check out TipRanks’ Stock Analysis page.

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