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Suruga Bank ( (JP:8358) ) has issued an update.
Suruga Bank announced the recording of expenses related to the cloud migration of its accounting system and a loss on sales of securities in the fourth quarter of the fiscal year ending March 2025. Despite these financial adjustments, the bank maintains its full-year earnings forecast, emphasizing stability and strategic portfolio management focusing on yen-denominated bonds.
More about Suruga Bank
Suruga Bank, Ltd. is a financial institution operating in the banking industry, primarily providing banking services and solutions. It is listed on the Prime Market of the Tokyo Stock Exchange. The bank’s market focus includes a variety of financial services, and it aims to maintain a stable earnings structure through strategic investments.
YTD Price Performance: 9.97%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.51B
See more data about 8358 stock on TipRanks’ Stock Analysis page.