SBI Sumishin Reports Mixed Quarterly Results
Company Announcements

SBI Sumishin Reports Mixed Quarterly Results

SBI Sumishin Net Bank Ltd (JP:7163) has released an update.

SBI Sumishin Net Bank Ltd reported a 26.3% increase in ordinary income for the three months ended June 30, 2024, but a 6.0% decrease in net income attributable to owners. The bank’s total assets grew, and a dividend forecast of 18.50 yen per share for the fiscal year ending March 31, 2025 was announced. Despite positive income growth, the bank cautions that actual results may significantly differ from forecasts due to various factors.

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