S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%
A daily business newspaper · Founded in 2026

Money Talk

Finance and markets: business, quotes, gold, energy and releases.

Shikoku Bank Net Profit Nearly Triples to ¥15.9 Billion

Shikoku Bank Ltd. reported a sharp rise in its nine-month earnings ending December 31, with net profit reaching ¥15.93 billion, nearly tripling the ¥5.70 billion recorded in the prior-year period. The Kochi-based lender’s results underscore a period of significant growth across its core financial metrics as it navigates the current Japanese fiscal year.

Shikoku Bank Net Profit Nearly Triples to ¥15.9 Billion

Revenue and Profitability Growth

According to the bank's latest financial disclosure, revenue for the nine-month period climbed to ¥47.25 billion, up from ¥38.83 billion a year earlier. This topline growth translated into a substantial increase in pretax profit, which reached ¥11.64 billion compared to ¥8.30 billion in the previous cycle. The figures indicate a strong operational performance for the group through the end of 2024.

The bank’s bottom-line performance was particularly robust, with net earnings per share jumping to ¥381.93 from ¥136.73 in the previous year. Diluted earnings per share followed a similar trajectory, finishing at ¥381.60, reflecting a high level of profitability for shareholders of the 8387.TO ticker.

These results, prepared under Japanese accounting standards, represent the group's consolidated performance for the first three quarters. The significant year-on-year increase in net profit suggests a favorable shift in the bank's asset management or interest income environment, though specific drivers were not detailed in the summary data.

Share article
TelegramXFacebook

When reusing this material a link to Money Talk is required.

Comments (0)

Leave a comment

No comments yet. Be the first!