Tsukuba Bank Reports Financial Results with Mixed Outcomes

Tsukuba Bank, Ltd. ( (JP:8338) ) has shared an announcement.

Tsukuba Bank reported its consolidated financial results for the nine months ended December 31, 2024, showing a slight increase in ordinary revenues by 1.1% compared to the previous year. However, the bank experienced declines in ordinary profit and profit attributable to owners, with decreases of 2.7% and 5.3%, respectively. The bank’s total assets grew to approximately ¥2,938,568 million, yet net assets and capital adequacy ratio saw reductions. The forecast for the fiscal year ending March 31, 2025, indicates significant expected growth in ordinary profit and profit attributable to owners, suggesting a potential improvement in financial performance.

More about Tsukuba Bank, Ltd.

Tsukuba Bank, Ltd. is a financial institution listed on the Tokyo Stock Exchange, providing banking services primarily in Japan. It is guided by President Masahiko Ikuta and focuses on offering various financial products and services to its clients.

YTD Price Performance: 7.00%

Average Trading Volume: 622,141

Technical Sentiment Consensus Rating: Hold

Current Market Cap: Yen20.63B

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