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Shikoku Bank Revises Financial Forecasts Upward Amid Rising Interest Rates

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Shikoku Bank Revises Financial Forecasts Upward Amid Rising Interest Rates

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The latest announcement is out from Shikoku Bank Ltd. ( (JP:8387) ).

Shikoku Bank, Ltd. has revised its financial forecasts for the fiscal year ending March 31, 2025, due to higher-than-expected interest on loans and dividends from securities, driven by rising domestic interest rates. This revision reflects an increase in both consolidated and non-consolidated financial results, indicating a positive impact on the bank’s operations and potential benefits for its stakeholders.

More about Shikoku Bank Ltd.

Shikoku Bank, Ltd. operates in the financial services industry, focusing on providing banking services such as loans, discounts, and securities. The bank primarily serves the domestic market in Japan.

YTD Price Performance: 2.28%

Average Trading Volume: 130,668

Technical Sentiment Signal: Strong Sell

Current Market Cap: Yen47.85B

For a thorough assessment of 8387 stock, go to TipRanks’ Stock Analysis page.

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