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SBI Sumishin Net Bank Ltd ( (JP:7163) ) has issued an announcement.
SBI Sumishin Net Bank, Ltd. announced a dividend increase following a fiscal year where net income exceeded forecasts, driven by growth in mortgage loans and BaaS income. The annual dividend per share is set to rise to 19.00 yen, reflecting a payout ratio of 10.2%, which underscores the company’s strong financial performance and commitment to shareholder returns.
More about SBI Sumishin Net Bank Ltd
SBI Sumishin Net Bank, Ltd. operates in the financial services industry, primarily offering mortgage loans and Banking as a Service (BaaS) solutions. The company is focused on leveraging steady growth in these areas to enhance its market position.
Average Trading Volume: 1,456,245
Technical Sentiment Signal: Buy
Current Market Cap: Yen559.3B
Find detailed analytics on 7163 stock on TipRanks’ Stock Analysis page.