Toho Bank, which is based in Fukushima Prefecture, raised its consolidated earnings forecast for the fiscal year ending March 2027. It increased its forecasts for ordinary revenue and ordinary profit, and the stock price rebounded.
Toho Bank, which is based in Fukushima Prefecture, raised its consolidated earnings forecast for the fiscal year ending March 2027.
It raised its ordinary revenue forecast from ¥104.2 billion to ¥147.2 billion, up 59.2% from the previous fiscal year, and its ordinary profit forecast from ¥19.6 billion to ¥23.8 billion, up 39.3%. Interest on loans and interest and dividends on securities on a non-consolidated basis are expected to exceed the initial forecasts.
The stock closed at ¥1,097 on the 25th, up ¥86 from the previous day, indicating a rebound.
Source: Wealth Advisor Co., Ltd.