The Toho Bank, Ltd. revised upward its earnings forecast for the second quarter of the fiscal year ending March 2027. The bank expects interest income on loans and interest and dividend income on securities to increase following the Bank of Japan's interest rate hike.
The Toho Bank, Ltd. revised upward its earnings forecast for the second quarter of the fiscal year ending March 2027. The period covers the six months from April through September 2026.
The revision reflects an expected increase in interest income on loans and interest and dividend income on securities on a non-consolidated basis, mainly due to the Bank of Japan's interest rate hike.
The revision by The Toho Bank, Ltd., which is based in Fukushima City, has been reported.