Hyakujushi Bank Announces Strong Quarterly Growth
Company Announcements

Hyakujushi Bank Announces Strong Quarterly Growth

Hyakujushi Bank, Ltd. (JP:8386) has released an update.

Hyakujushi Bank, Ltd. reports a positive financial performance for the first quarter ended June 30, 2024, with a 9.2% increase in ordinary income and a 21.9% rise in ordinary profit compared to the previous year. The bank’s forecast for the fiscal year ending March 31, 2025, anticipates continued growth with an ordinary income of 83,000 million yen and a basic earnings per share of 350.33 yen. Additionally, the bank maintained a stable capital adequacy ratio of 5.6% as of June 30, 2024.

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