Three regional banks in Chiba Prefecture achieved record-high profits in their interim consolidated results for fiscal 2026 and raised their earnings forecasts for the fiscal year ending March 2027. The increase in interest income resulting from higher lending rates was a factor.
Chiba Bank, Keiyo Bank and Chiba Kogyo Bank released their interim results for fiscal 2026, with consolidated net income reaching record highs at all 3 banks. Chiba Bank reported ¥57.0 billion, up 28.9% year on year; Keiyo Bank reported ¥10.5 billion, up 15.6%; and Chiba Kogyo Bank reported ¥6.0 billion, up 24.2%. All 3 achieved record interim profits and raised their earnings forecasts for the fiscal year ending March 2027.
The background included higher lending rates following the Bank of Japan's rate hikes, which increased interest income, as well as an increase in fees and commissions from corporate customers. Chiba Bank's net interest income rose by ¥45.6 billion from the same period a year earlier to ¥137.7 billion, while loans remained firm.