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Shikoku Bank Reports Financial Results with Increased Profits and Dividend Outlook

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Shikoku Bank Reports Financial Results with Increased Profits and Dividend Outlook

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An announcement from Shikoku Bank Ltd. ( (JP:8387) ) is now available.

Shikoku Bank reported its consolidated financial results for the nine months ending December 31, 2024, with ordinary revenues of ¥38,827 million, reflecting a slight decrease of 1.8% from the previous year. Despite this, the bank’s ordinary profit increased by 20.5% to ¥8,297 million, while profit attributable to owners of the parent rose marginally by 1.1% to ¥5,704 million. The bank’s financial position shows total assets at ¥3,395,463 million. Notably, the bank forecasts a year-end dividend increase to ¥50 from the previous ¥40, indicating a positive outlook for stakeholders.

More about Shikoku Bank Ltd.

Shikoku Bank Ltd. is a financial institution listed on the Tokyo Stock Exchange, providing banking services primarily in Japan. The company focuses on delivering a range of financial products and services.

YTD Price Performance: 4.31%

Average Trading Volume: 131,338

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen50.38B

Learn more about 8387 stock on TipRanks’ Stock Analysis page.

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