Resona Holdings Reports Strong Q1 FY2024 Growth

Resona Holdings (JP:8308) has released an update.

Resona Holdings has reported a significant increase in financial performance for the first quarter of FY2024, with a 56.4% year-over-year rise in net income attributable to owners, reaching JPY55.3 billion. Core net operating profit grew by 17.3% to JPY65.5 billion, while gross operating profit rose 13% to JPY174.9 billion. The company also completed a share buyback program, enhancing shareholder value by acquiring and canceling 19.5 million shares.

For further insights into JP:8308 stock, check out TipRanks’ Stock Analysis page.