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Rakuten Bank Reports Strong Financial Growth for 2024

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Rakuten Bank Reports Strong Financial Growth for 2024

The latest announcement is out from Rakuten Bank, Ltd. ( (JP:5838) ).

Rakuten Bank, Ltd. reported consolidated financial results for the nine months ending December 31, 2024, showing significant growth with a 30.3% increase in ordinary income and a 40.4% rise in ordinary profit compared to the previous year. This performance highlights the bank’s strong position in the industry and its successful strategies, which may positively impact its stakeholders and market presence.

More about Rakuten Bank, Ltd.

Rakuten Bank, Ltd. operates in the financial services industry, primarily offering banking services. It is listed on the Tokyo Stock Exchange and is a part of the Rakuten Group, which is known for its comprehensive financial services and digital innovation.

YTD Price Performance: 11.67%

Average Trading Volume: 1,345,693

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen861.2B

For a thorough assessment of 5838 stock, go to TipRanks’ Stock Analysis page.

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