tiprankstipranks
Suruga Bank Reports Strong Quarterly Financial Growth
Company Announcements

Suruga Bank Reports Strong Quarterly Financial Growth

Suruga Bank (JP:8358) has released an update.

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

Suruga Bank Ltd. has shown a robust performance in the June 2024 quarter, with a 6.3% increase in ordinary revenues and a significant 94% jump in profit attributable to owners compared to the previous year. The bank’s consolidated financial positions exhibit stable growth, with total assets amounting to over 3.5 trillion yen and a slightly improved capital adequacy ratio of 8.4%. Suruga Bank continues to demonstrate fiscal strength and shareholder value in a competitive market.

For further insights into JP:8358 stock, check out TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App