Nanto Bank Reports Strong Quarterly Growth

Nanto Bank Ltd. (JP:8367) has released an update.

Nanto Bank Ltd. has reported a significant increase in its financial performance for the three months ending June 30, 2024, with ordinary revenues, ordinary profit, and profit attributable to owners of the parent company growing by 17.6%, 60.7%, and 31.4% respectively compared to the previous year. The bank’s total assets have also seen growth, although there was a slight decrease in net assets and capital adequacy ratio as of June 30, 2024. Moreover, the fiscal year ending March 31, 2025, forecasts a continued increase in profits and basic earnings per share.

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