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Resona Holdings ( (JP:8308) ) has provided an update.
Resona Holdings reported strong results for the first three quarters of fiscal 2025, with gross operating profit and core net operating profit both rising more than 15% year on year, and net income attributable to owners of the parent up 32.6%. The bank improved its cost efficiency, bringing its OHR down to 57.4% despite higher operating expenses, while credit costs decreased and fee income returned to a growth trajectory after temporary factors. Supported by higher net interest income driven mainly by the December 2025 policy rate hike and progress in reducing policy-oriented stock holdings, the group achieved a 92.5% progress rate toward its initial full-year earnings target and has raised its full-year net income goal from JPY240.0 billion to JPY250.0 billion, implying an ROE improvement from 8.4% to 8.8%.
The most recent analyst rating on (JP:8308) stock is a Buy with a Yen1957.00 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 is a Japanese financial group centered on commercial banking, providing retail and corporate banking services supported by a robust deposit base and a strong balance sheet. The group focuses on improving profitability and efficiency while investing in IT and human resources to strengthen its long-term growth foundation.
Average Trading Volume: 8,825,822
Technical Sentiment Signal: Buy
Current Market Cap: Yen4040.7B
See more data about 8308 stock on TipRanks’ Stock Analysis page.