スルガ銀行 raised its full-year earnings and dividend forecasts for the fiscal year ending March 2027, and its share price reached a new all-time high. Against a backdrop of strong new loan activity and higher interest rates, ordinary profit was raised to ¥56.0 billion and net profit to ¥44.0 billion, while the dividend forecast was raised from ¥60 to ¥80.
After the close on 30 September, スルガ銀行 raised its consolidated earnings and dividend forecasts for the cumulative second quarter (April to September 2026) and full year of the fiscal year ending March 2027. In response, buy orders increased in the market and the share price reacted.
For the full-year earnings forecast, ordinary profit was raised from the previous ¥47.5 billion to ¥56.0 billion, up 57.7% year on year, and net profit from ¥32.0 billion to ¥44.0 billion, up 27.0%. Growth in the loan business and higher interest rates are expected to support earnings improvement. Although gains from the reversal of the allowance for loan losses are expected to increase, actual credit costs are expected to come in below the assumptions.
Based on its basic shareholder-return policy, the annual dividend forecast was raised from ¥60 to ¥80. Buy orders increased on the positive market reaction to the revision, and the stock reached a new all-time high at one point during afternoon trading.
As of the latest market data, the stock remained in positive territory from the 14:00 hour onward, rising by approximately 1.8% at certain points. The stock is expected to continue attracting attention to growth in new loan performance and developments in the interest-rate environment.