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Hokuhoku Financial Group, Inc. ( (JP:8377) ) has issued an update.
Hokuhoku Financial Group has raised its medium-term and long-term financial targets, signaling increased confidence in its earnings power and efficiency improvements. The group now aims for consolidated ROE of 8.5% and net income of ¥65 billion in fiscal 2027, alongside pushing its overall overhead ratio for its two main banks into the high 40% range.
Over the longer term, Hokuhoku is targeting ROE of 11%, net income of ¥90 billion, a capital adequacy ratio at the 11% level, and a further reduction in its overhead ratio to the low 40% range. It also lifted its KPI goals, increasing planned SX and GX-related investment and loans to ¥1.2 trillion, boosting asset formation support to ¥3.0 trillion under custody, and expanding solution-oriented talent to 2,500 people.
Management attributed the upward revisions to steady progress under its Sixth Medium-Term Management Plan and consistent growth in deposits and loans. The more ambitious targets underscore the group’s expectation of sustainable growth and enhanced profitability, while highlighting a strategic emphasis on sustainability finance and advisory capabilities that could strengthen its competitive position among regional financial institutions.
The most recent analyst rating on (JP:8377) stock is a Buy with a Yen6966.00 price target. To see the full list of analyst forecasts on Hokuhoku Financial Group, Inc. stock, see the JP:8377 Stock Forecast page.
More about Hokuhoku Financial Group, Inc.
Hokuhoku Financial Group, Inc. is a Japanese regional financial institution listed on the Tokyo Stock Exchange Prime Market and the Sapporo Securities Exchange. Through its core banking subsidiaries, the group provides deposit, lending, and asset-formation services, with a growing focus on sustainability-related finance and solutions-oriented advisory for customers in its home regions.
Average Trading Volume: 489,919
Technical Sentiment Signal: Buy
Current Market Cap: Yen721.1B
For detailed information about 8377 stock, go to TipRanks’ Stock Analysis page.