Hyakujushi Bank, Ltd. (JP:8386) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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.
For further insights into JP:8386 stock, check out TipRanks’ Stock Analysis page.