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Resona Holdings Reports Strong Fiscal Year 2024 Financial Results

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An update from Resona Holdings ( (JP:8308) ) is now available.

Resona Holdings reported a significant increase in its consolidated financial results for fiscal year 2024, with ordinary income rising by 18.7% and net income attributable to owners of the parent increasing by 34.2%. Despite a decrease in comprehensive income, the company showed improved profitability ratios and announced a higher dividend payout for the year. The inclusion of Resona Real Estate Asset Management, Limited, and the exclusion of two other companies, highlights a strategic shift in its business operations.

The most recent analyst rating on (JP:8308) stock is a Hold with a Yen1250.00 price target. To see the full list of analyst forecasts on Resona Holdings stock, see the JP:8308 Stock Forecast page.

More about Resona Holdings

Resona Holdings, Inc. operates within the financial services industry, primarily focusing on banking and related financial services. The company is listed on the Tokyo Stock Exchange and is known for its comprehensive financial solutions, catering to a diverse range of clients.

Average Trading Volume: 13,674,733

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen2676.5B

See more insights into 8308 stock on TipRanks’ Stock Analysis page.

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