Rakuten Bank, Ltd. (JP:5838) has released an update.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Rakuten Bank, Ltd. reports a robust financial performance for the first quarter ending June 30, 2024, with a 25% increase in ordinary income and a significant 35% rise in profits attributable to owners. The bank’s total assets grew to over 14 trillion yen, while maintaining a stable own capital ratio of 1.9%. No dividend payments have been scheduled, and the bank has included an assumed 5 billion yen for the Rakuten FinTech Reorganization Project in its annual forecast.
For further insights into JP:5838 stock, check out TipRanks’ Stock Analysis page.

