Tochigi Bank, Ltd. (JP:8550) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Tochigi Bank has adjusted its financial forecasts for the six months ending September 2024, reflecting a rise in ordinary income but a drop in profits due to unexpected losses from securities sales. Despite these interim changes, the bank maintains its full-year forecast, banking on early recognition of losses.
For further insights into JP:8550 stock, check out TipRanks’ Stock Analysis page.