SBI Sumishin Net Bank Ltd (JP:7163) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
SBI Sumishin Net Bank Ltd reported a notable increase in its financial performance for the six months ending September 30, 2024, with ordinary income rising by 26.4% and net income attributable to owners of the parent increasing slightly by 1.4%. The bank’s total assets grew to over 10.8 trillion yen, and they are forecasting further growth for the fiscal year ending March 2025. Investors can expect a higher dividend payout as the bank plans to increase its year-end dividend.
For further insights into JP:7163 stock, check out TipRanks’ Stock Analysis page.