Rakuten Bank, Ltd. (JP:5838) has released an update.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
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.

