大分銀行 expects consolidated net profit for the fiscal year ending March 2027 to rise 32% year on year to ¥14 billion, and has revised its previous forecast upward. It explained that higher lending interest income and interest and dividends on securities, against a backdrop of rising interest rates, are expected to contribute.
大分銀行 announced that consolidated net profit for the fiscal year ending March 2027 is expected to rise 32% year on year to ¥14 billion. This is expected to set a new record high, and the forecast was revised upward by ¥1 billion from the previous forecast. The Bank explained that higher lending interest income and interest and dividends on securities, following the Bank of Japan's rate hike, are expected to contribute.
In financial results announced the same day for April–September 2026, consolidated net profit rose 60% year on year to ¥7 billion. Standalone core business net income, excluding gains on the cancellation of investment trusts, was 2.5 times higher at ¥21 billion, indicating a substantial improvement in companies' core earnings levels.
At a press conference, President Takahashi Yasuhide (高橋 靖英) said the results reflected the Bank's ability to firmly capture the tailwind from rising interest rates following two rate hikes. He said that support tailored to customers had led to higher interest rates.
大分銀行 also announced that it will implement wage increases of more than 5% effective 1 April 2027 through a base pay increase to raise basic salaries and regular raises.