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Nanto Bank Reports Strong Financial Growth for 2024

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Nanto Bank Reports Strong Financial Growth for 2024

Confident Investing Starts Here:

The latest announcement is out from Nanto Bank Ltd. ( (JP:8367) ).

Nanto Bank Ltd. reported a significant increase in its consolidated financial results for the nine months ending December 31, 2024, with ordinary revenues rising by 17.7% and ordinary profit by 33.4% compared to the previous year. Despite a slight decrease in the capital adequacy ratio, the bank’s forecast for the fiscal year ending March 31, 2025, indicates continued growth in ordinary profit and profit attributable to owners, highlighting a robust financial performance that strengthens its market position.

More about Nanto Bank Ltd.

Nanto Bank Ltd. operates in the banking industry, primarily offering financial services in Japan. Listed on the Tokyo Stock Exchange, the bank is focused on delivering comprehensive financial solutions and has a notable presence in the Japanese market.

YTD Price Performance: 9.77%

Average Trading Volume: 70,933

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen115.2B

For an in-depth examination of 8367 stock, go to TipRanks’ Stock Analysis page.

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