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The latest update is out from SBI Sumishin Net Bank Ltd ( (JP:7163) ).
SBI Sumishin Net Bank reported a significant increase in its consolidated financial results for the nine months ended December 31, 2024, with a 21.4% rise in ordinary income compared to the previous period. The company has shown strong financial performance, with net income attributable to owners of the parent increasing by 7.0%, indicating robust operational efficiency. However, comprehensive income slightly declined by 4.6%, reflecting possible challenges in other financial aspects. The bank also revised its dividend forecasts for the fiscal year ending March 31, 2025, indicating a focus on returning value to shareholders.
More about SBI Sumishin Net Bank Ltd
SBI Sumishin Net Bank, Ltd. is a company listed on the Tokyo Stock Exchange. It operates within the financial industry, providing a variety of banking services. The company is focused on leveraging technology to offer innovative banking solutions and has recently expanded its scope by including new subsidiaries, such as NEOBANK TECHNOLOGIES Co., Ltd. and Profit Cube Inc., while excluding NetMove Corporation.
YTD Price Performance: 8.71%
Average Trading Volume: 1,296,810
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen621.1B
See more insights into 7163 stock on TipRanks’ Stock Analysis page.
