Suruga Bank Posts Sharp Profit Rebound and Doubles Dividend

Suruga Bank ( (JP:8358) ) has shared an announcement.

Suruga Bank reported a strong rebound in earnings for the fiscal year ended March 31, 2026, with ordinary income rising 20.6% to ¥109.9 billion and profit attributable to owners of the parent surging 72.1% to ¥34.7 billion. Return on equity improved to 11.2%, while total assets climbed to ¥3.54 trillion and the equity-to-asset ratio edged up to 9.1%, signaling a strengthened balance sheet.

The bank sharply increased annual dividends from ¥29 to ¥60 per share for FY2026 and plans to maintain that level in FY2027, raising shareholder returns alongside profit growth. Management forecasts further gains in ordinary profit to ¥47.5 billion in the year to March 2027, even as profit attributable to owners is projected to decline slightly, suggesting a more moderate earnings trajectory after this year’s rapid recovery.

More about Suruga Bank

Suruga Bank, Ltd. is a regional Japanese bank listed on the Tokyo Stock Exchange that provides commercial and retail banking services. The Shizuoka-based lender focuses on deposit-taking, lending and related financial services for individual and corporate customers, competing in Japan’s regional banking sector under Japanese GAAP reporting standards.

Average Trading Volume: 809,903

Technical Sentiment Signal: Buy

Current Market Cap: Yen434B

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