tiprankstipranks
Trending News
More News >

Shikoku Bank Reports Strong Profit Growth Amid Asset Decline

Shikoku Bank Reports Strong Profit Growth Amid Asset Decline

Shikoku Bank Ltd. (JP:8387) has released an update.

Elevate Your Investing Strategy:

Shikoku Bank Ltd. reported a decline in total assets to ¥3,379,463 million for the six months ended September 2024, while ordinary profit surged by 33% year-on-year to ¥6,215 million. Despite a slight drop in net assets, the bank’s earnings per share increased to ¥102.85, reflecting a stable performance in a challenging market. The bank also revised its dividend forecast, indicating a promising outlook for shareholders.

For further insights into JP:8387 stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1